Analysts Issue Forecasts for Kirby’s Q3 Earnings (NYSE:KEX)

Kirby Corporation (NYSE:KEX) – Equities research analysts at Zacks Research upped their Q3 2026 earnings estimates for Kirby in a report issued on Monday, March 16th. Zacks Research analyst Team now expects that the shipping company will post earnings per share of $1.75 for the quarter, up from their previous estimate of $1.74. Zacks Research currently 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 $1.89 EPS, FY2026 earnings at $6.77 EPS, Q1 2027 earnings at $1.81 EPS and Q4 2027 earnings at $2.15 EPS.

Other equities analysts have also issued research reports about the company. BTIG Research reduced their price objective on Kirby from $140.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Wolfe Research reaffirmed an “outperform” rating and issued a $136.00 price target on shares of Kirby in a report on Friday, January 30th. Weiss Ratings downgraded shares of Kirby from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, March 10th. Citigroup increased their price objective on shares of Kirby from $145.00 to $147.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Finally, Evercore restated an “outperform” rating and issued a $138.00 price objective on shares of Kirby in a research report on Monday, March 9th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kirby has a consensus rating of “Moderate Buy” and a consensus price target of $132.60.

Kirby Trading Up 3.5%

KEX stock opened at $130.32 on Wednesday. The business has a fifty day moving average price of $126.29 and a 200 day moving average price of $108.76. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.53 and a quick ratio of 0.96. Kirby has a fifty-two week low of $79.51 and a fifty-two week high of $134.69. The stock has a market capitalization of $6.99 billion, a price-to-earnings ratio of 20.59, a P/E/G ratio of 1.13 and a beta of 0.83.

Kirby (NYSE:KEX) last announced its earnings results on Thursday, January 29th. The shipping company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.62 by $0.06. The business had revenue of $851.78 million for the quarter, compared to the consensus estimate of $857.82 million. Kirby had a return on equity of 10.53% and a net margin of 10.54%.Kirby’s revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.29 EPS.

Insiders Place Their Bets

In other Kirby news, CEO David W. Grzebinski sold 34,152 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $130.05, for a total value of $4,441,467.60. Following the transaction, the chief executive officer owned 98,241 shares of the company’s stock, valued at approximately $12,776,242.05. This represents a 25.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Scott P. Miller sold 3,960 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $120.68, for a total value of $477,892.80. Following the transaction, the vice president owned 3,565 shares in the company, valued at approximately $430,224.20. This trade represents a 52.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,640 shares of company stock valued at $10,470,847 in the last ninety days. 0.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Maseco LLP bought a new stake in Kirby in the fourth quarter valued at approximately $27,000. Rothschild Investment LLC boosted its position in shares of Kirby by 2,600.0% during the fourth quarter. Rothschild Investment LLC now owns 270 shares of the shipping company’s stock worth $30,000 after purchasing an additional 260 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Kirby by 537.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 306 shares of the shipping company’s stock valued at $34,000 after buying an additional 258 shares during the period. First Horizon Corp bought a new stake in shares of Kirby in the 3rd quarter valued at $30,000. Finally, Parallel Advisors LLC increased its position in shares of Kirby by 50.0% in the 4th quarter. Parallel Advisors LLC now owns 402 shares of the shipping company’s stock valued at $44,000 after buying an additional 134 shares in the last quarter. Institutional investors own 96.15% of the company’s stock.

About Kirby

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.