Zacks Research Has Strong Forecast for Kirby FY2026 Earnings

Kirby Corporation (NYSE:KEX) – Zacks Research increased their FY2026 earnings per share (EPS) estimates for shares of Kirby in a report issued on Thursday, September 4th. Zacks Research analyst Team now expects that the shipping company will post earnings of $7.20 per share for the year, up from their previous estimate of $7.19. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Kirby’s current full-year earnings is $6.57 per share. Zacks Research also issued estimates for Kirby’s Q4 2026 earnings at $2.07 EPS.

Separately, Bank of America lowered their price objective on Kirby from $110.00 to $107.00 and set a “buy” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Kirby currently has an average rating of “Moderate Buy” and an average price target of $121.00.

Kirby Trading Down 1.2%

KEX stock opened at $89.09 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.12 and a debt-to-equity ratio of 0.33. Kirby has a 12-month low of $83.94 and a 12-month high of $132.21. The stock has a market cap of $4.97 billion, a price-to-earnings ratio of 16.84, a PEG ratio of 0.92 and a beta of 1.09. The business’s 50-day moving average is $106.13 and its 200 day moving average is $104.28.

Kirby (NYSE:KEX) last posted its quarterly earnings data on Thursday, July 31st. The shipping company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.08. Kirby had a return on equity of 10.02% and a net margin of 9.25%.The company had revenue of $855.46 million for the quarter, compared to analysts’ expectations of $851.94 million. During the same period in the previous year, the firm posted $1.43 EPS. Kirby’s revenue was up 3.8% compared to the same quarter last year.

Institutional Trading of Kirby

Several large investors have recently added to or reduced their stakes in KEX. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Kirby by 244.8% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 231 shares of the shipping company’s stock valued at $26,000 after buying an additional 164 shares in the last quarter. Colonial Trust Co SC lifted its holdings in Kirby by 295.3% in the fourth quarter. Colonial Trust Co SC now owns 253 shares of the shipping company’s stock valued at $27,000 after acquiring an additional 189 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in Kirby in the first quarter valued at approximately $28,000. Maseco LLP acquired a new position in Kirby in the second quarter valued at approximately $28,000. Finally, IFP Advisors Inc acquired a new position in Kirby in the second quarter valued at approximately $29,000. 96.15% of the stock is currently owned by hedge funds and other institutional investors.

About Kirby

Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii.