Knife River Corporation (KNF)

NYSE: KNF · IEX Real-Time Price · USD
78.50
+0.76 (0.98%)
May 2, 2024, 2:08 PM EDT - Market open
0.98%
Market Cap 4.44B
Revenue (ttm) 2.83B
Net Income (ttm) 182.87M
Shares Out 56.58M
EPS (ttm) 3.23
PE Ratio 24.07
Forward PE 21.74
Dividend n/a
Ex-Dividend Date n/a
Volume 98,786
Open 78.52
Previous Close 77.74
Day's Range 77.03 - 78.93
52-Week Range 36.48 - 83.78
Beta n/a
Analysts Strong Buy
Price Target 76.25 (-2.87%)
Earnings Date May 7, 2024

About KNF

Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete. It also provides contracting service, such as heavy-civil construction, asphalt and concrete paving, and site development and grading. In addit... [Read more]

Sector Materials
Founded 1917
Employees 4,389
Stock Exchange NYSE
Ticker Symbol KNF
Full Company Profile

Financial Performance

In 2023, Knife River's revenue was $2.83 billion, an increase of 11.66% compared to the previous year's $2.53 billion. Earnings were $182.87 million, an increase of 57.35%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for KNF stock is "Strong Buy." The 12-month stock price forecast is $76.25, which is a decrease of -2.87% from the latest price.

Price Target
$76.25
(-2.87% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Knife River Corporation Announces First Quarter 2024 Results Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its first quarter 2024...

16 days ago - Business Wire

Knife River Corporation Publishes 2023 Sustainability Report

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) today announced that it has published its first sustainability report as a stand-alone company. The report highlights the commitmen...

5 weeks ago - Business Wire

Knife River Corporation Announces Fourth Quarter and Full-Year 2023 Results

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial result...

2 months ago - Business Wire

Knife River Corporation Announces Fourth Quarter and Full Year 2023 Results Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its fourth quarter and...

3 months ago - Business Wire

Knife River Corporation Announces Pricing of Secondary Offering of Common Stock

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”)...

6 months ago - Business Wire

Knife River Corporation Announces Launch of Secondary Offering of Common Stock

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the launch of a secondary public offering (the “Offering”) of 5,142,383 shares of ...

6 months ago - Business Wire

Knife River Corporation Reports Third Quarter Earnings

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial result...

6 months ago - Business Wire

Knife River Schedules Webcast of Third Quarter 2023 Earnings Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its third quarter 2023...

6 months ago - Business Wire

Knife River Names Robert Van Til President of South Region

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) has named Robert Van Til president of its South Region, which includes aggregate, asphalt, ready-mix concrete and contracting servi...

9 months ago - Business Wire

Knife River Corporation Reports Second Quarter Earnings

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial result...

9 months ago - Business Wire

Knife River Corporation Schedules Webcast of Second Quarter 2023 Earnings Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its second quarter 202...

10 months ago - Business Wire

Spinoffs Roundup: These Companies Could Unlock Value in 2023

Spinoffs are known for being a mixed bag from an investor's viewpoint. Some of them can unlock the true value of businesses by allowing the spinoff and the parent company to focus on their niches rath...

Other symbols: CXTGEHCVTS
10 months ago - GuruFocus

Knife River Corporation Completes Spinoff from MDU Resources

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) successfully completes its spinoff from MDU Resources Group, Inc. (NYSE: MDU); to start trading on the NYSE today.

Other symbols: MDU
1 year ago - Business Wire

Knife River Set to Join S&P MidCap 400; Bank of Hawaii to Join S&P SmallCap 600

NEW YORK , May 25, 2023 /PRNewswire/ -- Knife River Corp. (NYSE: KNF) will be added to the S&P MidCap 400 prior to the open of trading on Thursday, June 1 following its spin-off from S&P MidCap 400 co...

Other symbols: BOHMDU
1 year ago - PRNewsWire