Kirby (NYSE:KEX) Updates FY 2026 Earnings Guidance

Kirby (NYSE:KEX) updated its FY 2026 earnings guidance on Wednesday. The company provided 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 Analysts Forecast Growth

KEX has been the subject of several research reports. Weiss Ratings raised Kirby from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Citigroup raised their price target on Kirby from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Bank of America upped their price target on shares of Kirby from $169.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. BTIG Research reaffirmed a “buy” rating and issued a $170.00 target price on shares of Kirby in a report on Wednesday. Finally, Wall Street Zen upgraded Kirby from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Kirby currently has an average rating of “Moderate Buy” and an average price target of $162.20.

Kirby Trading Up 1.1%

Kirby stock opened at $133.79 on Friday. The stock has a market cap of $7.16 billion, a price-to-earnings ratio of 20.57, a price-to-earnings-growth ratio of 1.12 and a beta of 0.83. Kirby has a 12 month low of $79.51 and a 12 month high of $157.69. The business has a 50 day moving average price of $140.86 and a two-hundred day moving average price of $136.29. The company has a quick ratio of 1.01, a current ratio of 1.59 and a debt-to-equity ratio of 0.29.

Kirby (NYSE:KEX) last released its quarterly earnings data on Wednesday, July 29th. The shipping company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.04. The company had revenue of $922.40 million during the quarter, compared to the consensus estimate of $870.38 million. Kirby had a net margin of 10.18% and a return on equity of 10.49%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the firm earned $1.67 EPS. Kirby has set its FY 2026 guidance at 7.280-7.280 EPS. As a group, equities analysts forecast that Kirby will post 7.28 EPS for the current year.

Insider Transactions at Kirby

In related news, VP Ronald A. Dragg sold 1,726 shares of the firm’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 sale, the vice president owned 8,673 shares of the company’s stock, valued at approximately $1,257,671.73. This trade represents a 16.60% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Amy D. Husted sold 4,000 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $145.43, for a total value of $581,720.00. Following the transaction, the vice president owned 10,814 shares of the company’s stock, valued at approximately $1,572,680.02. This trade represents a 27.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 17,691 shares of company stock valued at $2,579,036 over the last 90 days. 0.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kirby

Large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in shares of Kirby by 3.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,484,508 shares of the shipping company’s stock worth $273,745,000 after buying an additional 93,676 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of Kirby by 72.5% in the 2nd quarter. Alliancebernstein L.P. now owns 2,282,865 shares of the shipping company’s stock worth $258,900,000 after acquiring an additional 959,209 shares in the last quarter. First Trust Advisors LP lifted its stake in Kirby by 109.4% in the fourth quarter. First Trust Advisors LP now owns 2,256,667 shares of the shipping company’s stock valued at $248,640,000 after buying an additional 1,178,963 shares during the period. Select Equity Group L.P. boosted its stake in Kirby by 10.8% during the second quarter. Select Equity Group L.P. now owns 2,165,929 shares of the shipping company’s stock worth $245,638,000 after acquiring an additional 211,231 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Kirby by 10.2% in the 4th quarter. Wellington Management Group LLP now owns 1,932,146 shares of the shipping company’s stock valued at $212,884,000 after buying an additional 178,422 shares during the period. 96.15% of the stock is currently owned by institutional investors and hedge funds.

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.