Zacks Research Estimates Kirby’s FY2026 Earnings (NYSE:KEX)

Kirby Corporation (NYSE:KEX) – Equities researchers at Zacks Research increased their FY2026 earnings estimates for Kirby in a research report issued on Wednesday, November 11th. Zacks Research analyst Team now expects that the shipping company will earn $7.23 per share for the year, up from their previous estimate of $7.07. The consensus estimate for Kirby’s current full-year earnings is $7.26 per share. Zacks Research also issued estimates for Kirby’s Q4 2026 earnings at $1.97 EPS, Q1 2027 earnings at $1.83 EPS, Q2 2027 earnings at $2.20 EPS, Q3 2027 earnings at $2.42 EPS, FY2027 earnings at $8.68 EPS, Q3 2028 earnings at $2.59 EPS and FY2028 earnings at $9.53 EPS.

Several other research firms also recently issued reports on KEX. BTIG Research reiterated a “buy” rating and set a $170.00 price objective on shares of Kirby in a research note on Wednesday, July 29th. Citigroup decreased their price target on shares of Kirby from $170.00 to $169.00 and set a “buy” rating for the company in a research report on Thursday, October 8th. Wall Street Zen upgraded Kirby from a “hold” rating to a “buy” rating in a report on Saturday, November 7th. Stephens increased their price target on Kirby from $170.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, October 29th. Finally, Weiss Ratings raised Kirby from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, September 14th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $171.43.

Kirby Price Performance

Shares of Kirby stock opened at $128.29 on Friday. The business’s fifty day moving average price is $135.28 and its 200 day moving average price is $136.65. The stock has a market capitalization of $6.67 billion, a P/E ratio of 18.49, a PEG ratio of 1.12 and a beta of 0.81. The company has a current ratio of 1.70, a quick ratio of 1.12 and a debt-to-equity ratio of 0.31. Kirby has a twelve month low of $105.10 and a twelve month high of $157.69.

Kirby (NYSE:KEX) last released its quarterly earnings data on Wednesday, October 28th. The shipping company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $2.00 by $0.09. The business had revenue of $977.21 million during the quarter, compared to the consensus estimate of $938.84 million. Kirby had a return on equity of 10.92% and a net margin of 10.39%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.65 EPS.

Insider Activity

In other news, CEO David Grzebinski sold 18,310 shares of Kirby stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $141.32, for a total transaction of $2,587,569.20. Following the sale, the chief executive officer owned 79,931 shares in the company, valued at $11,295,848.92. This trade represents a 18.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Kirby

Large investors have recently added to or reduced their stakes in the company. AlphaGrep UK Ltd boosted its holdings in Kirby by 64.9% in the third quarter. AlphaGrep UK Ltd now owns 3,385 shares of the shipping company’s stock valued at $444,000 after purchasing an additional 1,332 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in Kirby by 9.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 6,942 shares of the shipping company’s stock worth $911,000 after purchasing an additional 617 shares during the last quarter. Private Advisor Group LLC acquired a new position in shares of Kirby in the 3rd quarter valued at approximately $227,000. Focus Advisor Solutions LLC acquired a new position in shares of Kirby in the 3rd quarter valued at approximately $443,000. Finally, South Dakota Investment Council raised its position in shares of Kirby by 25.4% in the 3rd quarter. South Dakota Investment Council now owns 7,400 shares of the shipping company’s stock valued at $971,000 after purchasing an additional 1,500 shares in the last quarter. 96.15% of the stock is owned by institutional investors and hedge funds.

About Kirby

Kirby Corporation is a marine transportation and services company founded in 1921 and headquartered in Houston, Texas. Its marine transportation business moves bulk liquid products by tank barge and towboat across U.S. inland waterways and along the coast. Cargoes include petrochemicals, refined petroleum products and other industrial liquids. The company also provides coastal marine transportation, serving customers in U.S. coastal markets. Its vessels and barges support the movement of liquid commodities between ports and other destinations.