Kirby (NYSE:KEX) Updates FY 2026 Earnings Guidance

Kirby (NYSE:KEX) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 7.280-7.280 for the period, compared to the consensus EPS estimate of 7.010. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of Kirby from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Weiss Ratings upgraded shares of Kirby from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Bank of America lifted their price target on shares of Kirby from $169.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Evercore reissued an “outperform” rating and issued a $158.00 price target on shares of Kirby in a report on Friday, May 1st. Finally, BTIG Research restated a “buy” rating and issued a $170.00 price objective on shares of Kirby in a research report on Wednesday. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $162.20.

Kirby Stock Down 8.3%

NYSE KEX traded down $12.05 during trading hours on Wednesday, reaching $133.34. 467,872 shares of the company’s stock were exchanged, compared to its average volume of 700,367. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.59. The company has a market capitalization of $7.13 billion, a price-to-earnings ratio of 20.49, a price-to-earnings-growth ratio of 1.27 and a beta of 0.83. The company’s 50-day moving average is $141.47 and its two-hundred day moving average is $136.20. Kirby has a one year low of $79.51 and a one year high of $157.69.

Kirby (NYSE:KEX) last announced its quarterly earnings results on Wednesday, July 29th. The shipping company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.04. Kirby had a net margin of 10.51% and a return on equity of 10.62%. The business’s revenue was up 7.8% on a year-over-year basis. During the same period last year, the company earned $1.67 EPS. Kirby has set its FY 2026 guidance at 7.280-7.280 EPS. On average, analysts forecast that Kirby will post 7.06 EPS for the current fiscal year.

Insider Activity at Kirby

In related news, VP Amy D. Husted sold 4,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $145.43, for a total value of $581,720.00. Following the sale, the vice president directly owned 10,814 shares of the company’s stock, valued at approximately $1,572,680.02. The trade was a 27.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Ronald A. Dragg sold 1,726 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $145.01, for a total transaction of $250,287.26. Following the completion of the transaction, the vice president directly owned 8,673 shares of the company’s stock, valued at approximately $1,257,671.73. The trade was a 16.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 17,691 shares of company stock valued at $2,579,036. 0.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Kirby

Several institutional investors have recently bought and sold shares of KEX. Smartleaf Asset Management LLC boosted its position in Kirby by 537.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 306 shares of the shipping company’s stock worth $34,000 after acquiring an additional 258 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Kirby by 50.0% in the fourth quarter. Parallel Advisors LLC now owns 402 shares of the shipping company’s stock worth $44,000 after purchasing an additional 134 shares in the last quarter. UMB Bank n.a. boosted its holdings in Kirby by 57.8% during the fourth quarter. UMB Bank n.a. now owns 636 shares of the shipping company’s stock worth $70,000 after purchasing an additional 233 shares during the last quarter. Quarry LP acquired a new position in Kirby during the fourth quarter worth $95,000. Finally, Rafferty Asset Management LLC bought a new position in Kirby in the fourth quarter valued at $204,000. Institutional investors own 96.15% of the company’s stock.

Kirby Company Profile

Kirby Corporation is a leading domestic maritime transporter of bulk liquid products in the United States. Through its Marine Transportation segment, the company operates one of North America’s largest fleets of inland tank barges and towing vessels. Kirby’s fleet moves petrochemicals, black oil, refined petroleum products and agricultural chemicals along coastal and inland waterways, providing critical logistical support to energy, chemical and agricultural producers.

In addition to its marine operations, Kirby’s Distribution and Services segment offers diesel engine and power generation services, along with aftermarket parts sales.