Kansas City Southern (NYSE:KSU) is scheduled to be announcing its earnings results before the market opens on Friday, July 19th. Analysts expect the company to announce earnings of $1.70 per share for the quarter.
Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Wednesday, April 17th. The transportation company reported $1.54 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.44 by $0.10. Kansas City Southern had a net margin of 21.30% and a return on equity of 12.40%. The business had revenue of $674.80 million for the quarter, compared to analyst estimates of $669.08 million. During the same period last year, the business earned $1.30 EPS. The company’s revenue was up 5.7% on a year-over-year basis. On average, analysts expect Kansas City Southern to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Shares of KSU opened at $121.13 on Friday. Kansas City Southern has a twelve month low of $90.55 and a twelve month high of $125.92. The firm has a fifty day moving average price of $119.12. The firm has a market cap of $12.19 billion, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 1.22 and a beta of 0.93. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.36 and a quick ratio of 1.02.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, June 10th were issued a $0.36 dividend. The ex-dividend date was Friday, June 7th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.19%. Kansas City Southern’s payout ratio is 24.12%.
KSU has been the topic of a number of analyst reports. Raymond James restated an “average” rating and issued a $10.50 price objective on shares of Hudbay Minerals in a report on Thursday, April 18th. Morgan Stanley set a $36.00 price objective on shares of ArcBest and gave the company a “hold” rating in a report on Monday. Zacks Investment Research upgraded shares of Garrett Motion from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Loop Capital raised their price objective on shares of Kansas City Southern to $142.00 and gave the company a “buy” rating in a report on Thursday, April 18th. Finally, Bank of America raised their price objective on shares of Altria Group from $56.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, March 20th. Five research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $127.36.
In related news, EVP Brian D. Hancock sold 4,648 shares of Kansas City Southern stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $124.77, for a total transaction of $579,930.96. Following the sale, the executive vice president now directly owns 30,276 shares in the company, valued at $3,777,536.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lu M. Cordova sold 1,000 shares of the business’s stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $116.85, for a total value of $116,850.00. Following the completion of the sale, the director now owns 1,032 shares in the company, valued at $120,589.20. The disclosure for this sale can be found here. Insiders sold 32,285 shares of company stock valued at $3,987,116 over the last quarter. Corporate insiders own 0.82% of the company’s stock.
Kansas City Southern Company Profile
Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.
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