KEX - Kirby Corp Stock Price, Fair Value and News

115.19USD+1.86 (+1.64%)Delayed as of 08 May 2024, 01:55 pm ET

Market Summary

USD115.19+1.86

Delayedas of 08 May 2024, 01:55 pm

1.64%

KEX Alerts

1 major insider sales recently.

Big jump in Earnings (Y/Y)

KEX Stock Price

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KEX RSI Chart

KEX Valuation

Market Cap

6.6B

Price/Earnings (Trailing)

26.19

Price/Sales (Trailing)

2.1

EV/EBITDA

12.62

Price/Free Cashflow

10.21

KEX Price/Sales (Trailing)

KEX Profitability

EBT Margin

10.51%

Return on Equity

7.84%

Return on Assets

4.37%

Free Cashflow Yield

9.79%

KEX Fundamentals

KEX Revenue

Revenue (TTM)

3.1B

Rev. Growth (Yr)

7.67%

Rev. Growth (Qtr)

1.11%

KEX Earnings

Earnings (TTM)

252.3M

Earnings Growth (Yr)

72.17%

Earnings Growth (Qtr)

13.18%

Breaking Down KEX Revenue

52 Week Range

69.22115.77

(Low)(High)

Last 7 days

3.9%

Last 30 days

14.7%

Last 90 days

34.4%

Trailing 12 Months

58.6%

How does KEX drawdown profile look like?

KEX Financial Health

Current Ratio

1.81

Debt/Equity

0.33

Debt/Cashflow

0.62

KEX Investor Care

Buy Backs (1Y)

2.83%

Diluted EPS (TTM)

4.23

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	3.1B	0	0	0
2023	2.9B	3.0B	3.0B	3.1B
2022	2.4B	2.5B	2.6B	2.8B
2021	2.0B	2.0B	2.1B	2.2B
2020	2.7B	2.5B	2.3B	2.2B
2019	3.0B	2.9B	2.9B	2.8B
2018	2.5B	2.8B	3.0B	3.0B
2017	1.8B	1.8B	1.9B	2.2B
2016	2.0B	1.9B	1.8B	1.8B
2015	2.6B	2.5B	2.3B	2.1B
2014	2.3B	2.3B	2.5B	2.6B
2013	2.1B	2.2B	2.2B	2.2B
2012	2.1B	2.2B	2.2B	2.1B
2011	1.1B	1.3B	1.6B	1.9B
2010	1.1B	1.1B	1.1B	1.1B
2009	0	1.3B	1.2B	1.1B
2008	0	0	0	1.4B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
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Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Kirby Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	woodruff william matthew	sold	-409,688	109	-3,750	vp of public and govt affairs
Apr 30, 2024	stewart richard ross	sold	-74,089	109	-676	-
Apr 29, 2024	davis barry e	acquired	-	-	1,828	-
Apr 29, 2024	waterman william m.	acquired	-	-	1,828	-
Apr 29, 2024	ainsworth anne-marie	acquired	-	-	1,828	-
Apr 29, 2024	williams shawn d.	acquired	-	-	1,828	-
Apr 29, 2024	stewart richard ross	acquired	-	-	1,828	-

Which funds bought or sold KEX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Investors Research Corp	unchanged	-	12,630	71,490	0.02%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	923,614	4,930,330	0.04%
May 06, 2024	Quantbot Technologies LP	sold off	-100	-2,462,620	-	-%
May 06, 2024	HighTower Advisors, LLC	reduced	-6.51	232,000	1,928,000	-%
May 06, 2024	AMG National Trust Bank	reduced	-0.03	242,708	1,376,040	0.04%
May 06, 2024	DUALITY ADVISERS, LP	reduced	-8.71	264,653	2,696,980	0.27%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	20.95	511,000	1,600,000	0.01%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	185	1,049	-%
May 06, 2024	SG Americas Securities, LLC	added	53.88	238,000	512,000	-%
May 06, 2024	Sciencast Management LP	sold off	-100	-345,626	-	-%

Are Funds Buying or Selling KEX?

Are funds buying KEX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own KEX

No. of Funds

Unveiling Kirby Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	neuberger berman group llc	5.97%	3,531,182	SC 13G/A
Feb 13, 2024	vanguard group inc	10.32%	6,097,723	SC 13G/A
Feb 08, 2024	morgan stanley	6.8%	4,044,933	SC 13G/A
Jan 25, 2024	blackrock inc.	8.6%	5,057,639	SC 13G/A
Sep 11, 2023	vanguard group inc	10.15%	6,039,100	SC 13G/A
Feb 10, 2023	neuberger berman group llc	5.69%	3,410,183	SC 13G
Feb 09, 2023	morgan stanley	7.0%	4,183,389	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	9.55%	5,722,820	SC 13G/A
Jan 25, 2023	blackrock inc.	8.8%	5,299,329	SC 13G/A

Recent SEC filings of Kirby Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	144	Notice of Insider Sale Intent
May 07, 2024	144	Notice of Insider Sale Intent
May 06, 2024	10-Q	Quarterly Report
May 03, 2024	144/A	144/A
May 02, 2024	144	Notice of Insider Sale Intent
May 02, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading

Peers (Alternatives to Kirby Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
KEX	6.6B	3.1B	14.68%	58.55%	26.19	2.1	7.69%	73.34%
MATX	3.8B	3.1B	0.49%	69.30%	12.79	1.23	-19.84%	-60.56%
SMALL-CAP
GNK	958.9M	383.8M	8.25%	59.87%	-75.1	2.5	-28.52%	-108.04%
EGLE	693.2M	393.8M	0.58%	45.82%	30.5	1.76	-45.29%	-90.84%
PANL	348.5M	499.3M	7.65%	22.70%	13.25	0.7	-28.64%	-66.88%
SMHI	338.7M	282.3M	-15.13%	43.79%	-36.36	1.2	21.84%	87.00%

Kirby Corp News

Latest updates

Kirby Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.1%	808	799	765	777	750	730	746	698	611	591	599	560	497	490	497	541	644	656	667	771	745
Costs and Expenses	0.0%	706	706	671	690	689	672	687	651	581	560	916	536	494	465	467	507	1,154	640	589	695	673
S&GA Expenses	7.0%	90.00	84.00	79.00	83.00	89.00	81.00	75.00	71.00	76.00	68.00	66.00	63.00	70.00	59.00	62.00	66.00	72.00	71.00	65.00	69.00	73.00
EBITDA Margin	5.8%	0.19*	0.18*	0.17*	0.16*	0.15*	0.15*	0.14*	0.00*	-0.01*	-0.02*	-0.02*	0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.3%	13.00	13.00	13.00	12.00	13.00	12.00	12.00	11.00	10.00	10.00	11.00	11.00	11.00	11.00	12.00	13.00	13.00	13.00	14.00	16.00	13.00
Income Taxes	11.5%	22.00	19.00	19.00	19.00	14.00	13.00	12.00	11.00	6.00	12.00	-60.44	5.00	-0.89	-7.10	-8.42	-1.43	-172	1.00	16.00	15.00	14.00
Earnings Before Taxes	12.5%	92.00	81.00	82.00	76.00	55.00	51.00	51.00	40.00	24.00	23.00	-325	16.00	-4.01	15.00	19.00	24.00	-519	4.00	64.00	63.00	58.00
EBT Margin	10.5%	0.11*	0.10*	0.09*	0.08*	0.07*	0.06*	0.05*	-0.10*	-0.11*	-0.13*	-0.14*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	13.2%	70.00	62.00	63.00	57.00	41.00	37.00	39.00	28.00	17.00	11.00	-264	10.00	-3.37	22.00	27.00	25.00	-347	3.00	48.00	47.00	44.00
Net Income Margin	11.1%	0.08*	0.07*	0.07*	0.06*	0.05*	0.04*	0.04*	-0.08*	-0.10*	-0.11*	-0.11*	0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	-42.9%	123	216	96.00	211	16.00	133	66.00	63.00	32.00	41.00	83.00	95.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.9%	5,776	5,722	5,683	5,575	5,575	5,555	5,456	5,405	5,383	5,399	5,390	5,768	5,788	5,924	5,981	6,017	6,010	6,079	6,128	6,233	6,301
Current Assets	3.6%	1,175	1,135	1,196	1,169	1,200	1,212	1,126	1,052	1,015	1,004	979	963	959	1,048	1,061	1,078	1,368	918	959	1,054	1,118
Cash Equivalents	130.9%	75.00	33.00	42.00	37.00	27.00	81.00	37.00	25.00	32.00	35.00	54.00	53.00	52.00	80.00	120	108	323	25.00	9.00	23.00	7.00
Inventory	-1.7%	447	454	506	505	475	462	392	370	360	331	309	326	326	310	321	336	341	351	410	428	492
Net PPE	0.6%	3,883	3,861	3,782	3,698	3,666	3,633	3,641	3,653	3,660	3,679	3,705	3,863	3,881	3,917	3,958	3,976	3,777	3,777	3,794	3,796	3,792
Goodwill	0%	439	439	439	439	439	439	439	439	439	439	439	658	658	658	658	658	82.00	10.00	954	954	954
Current Liabilities	-3.8%	650	676	636	656	615	642	571	541	514	544	512	498	453	466	450	479	496	514	517	526	583
Long Term Debt	4.3%	1,052	1,009	1,058	991	1,076	1,076	1,115	1,132	1,152	1,161	1,206	1,274	1,349	1,469	1,578	1,643	1,702	1,370	1,434	1,595	1,667
LT Debt, Non Current	-100.0%	-	1,009	1,058	991	1,076	1,076	1,115	1,132	1,152	1,161	1,206	1,274	1,349	1,469	1,578	1,643	1,702	1,370	1,434	1,595	1,667
Shareholder's Equity	1.0%	3,217	3,185	3,157	3,113	3,085	3,043	2,975	2,930	2,912	2,889	2,846	3,105	3,089	3,088	3,078	3,052	3,026	3,372	3,374	3,322	3,265
Retained Earnings	2.6%	2,762	2,692	2,630	2,567	2,509	2,469	2,431	2,392	2,364	2,346	2,335	2,600	2,590	2,593	2,571	2,544	2,519	2,866	2,863	2,815	2,768
Additional Paid-In Capital	-0.6%	859	864	862	858	857	859	858	855	854	855	852	848	846	845	842	839	838	836	833	829	827
Accumulated Depreciation	1.7%	1,997	1,963	1,928	1,882	1,867	1,819	1,794	1,764	1,732	1,714	1,680	1,731	1,704	1,698	1,671	1,635	1,590	1,547	1,518	1,508	1,473
Minority Interest	-12.3%	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Float	-	-	-	-	4,500	-	-	-	3,600	-	-	-	3,606	-	-	-	3,179	-	-	-	4,675	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-42.9%	123,288	216,001	96,278	211,469	16,480	132,943	65,541	63,422	32,222	41,214	82,544	95,260	102,558	85,177	117,619	170,643	71,501	124,214	199,402	149,668	38,529
Share Based Compensation	143.6%	6,408	2,631	3,398	3,104	5,808	2,417	2,893	2,590	5,965	2,920	3,645	3,426	5,722	2,656	3,414	3,321	5,331	2,533	3,172	3,007	4,900
Cashflow From Investing	35.8%	-78,635	-122,532	-139,901	-85,548	-65,168	-48,342	-31,611	-34,953	-24,695	-15,513	-11,167	-19,810	-9,298	-14,242	-41,446	-324,505	-105,654	-45,880	-50,374	-61,529	-295,215
Cashflow From Financing	98.0%	-2,014	-103,008	49,136	-116,017	-5,190	-41,015	-22,043	-35,763	-9,942	-45,265	-70,052	-74,731	-121,265	-110,183	-65,058	-60,238	331,987	-63,022	-162,124	-72,907	256,175
Buy Backs	-19.5%	41,787	51,893	23,310	34,416	3,184	-	4,816	18,085	-	-	-	-	-	-	-	-	-	-	-	-	-

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KEX Income Statement

2024-03-31

CONDENSED STATEMENTS OF EARNINGS - USD ($) $ in Thousands	3 Months Ended
CONDENSED STATEMENTS OF EARNINGS - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Revenues	$ 808,022	$ 750,444
Costs and expenses:
Costs of sales and operating expenses	550,681	542,080
Selling, general and administrative	90,206	88,849
Taxes, other than on income	8,044	9,186
Depreciation and amortization	57,642	51,109
Gain on disposition of assets	(74)	(2,230)
Total costs and expenses	706,499	688,994
Operating income	101,523	61,450
Other income	3,269	6,443
Interest expense	(13,151)	(13,221)
Earnings before taxes on income	91,641	54,672
Provision for taxes on income	(21,726)	(14,051)
Net earnings	69,915	40,621
Net loss attributable to noncontrolling interests	153	77
Net earnings attributable to Kirby	$ 70,068	$ 40,698
Net earnings per share attributable to Kirby common stockholders:
Basic	$ 1.2	$ 0.68
Diluted	$ 1.19	$ 0.68
Marine Transportation [Member]
Revenues:
Revenues	$ 475,412	$ 412,495
Distribution and Services [Member]
Revenues:
Revenues	$ 332,610	$ 337,949

KEX Balance Sheet

2024-03-31

CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 75,216	$ 32,577
Accounts receivable:
Trade - less allowance for doubtful accounts	529,141	526,691
Other	55,949	52,025
Inventories - net	446,803	454,389
Prepaid expense and other current assets	68,369	69,479
Total current assets	1,175,478	1,135,161
Property and equipment	5,880,403	5,824,038
Accumulated depreciation	(1,997,082)	(1,962,933)
Property and equipment - net	3,883,321	3,861,105
Operating lease right-of-use assets	149,412	152,216
Goodwill	438,748	438,748
Other intangibles, net	40,797	42,927
Other assets	88,081	92,040
Total assets	5,775,837	5,722,197
Current liabilities:
Bank notes payable	8,643	8,068
Income taxes payable	11,252	1,486
Accounts payable	249,644	269,378
Accrued liabilities	194,819	228,946
Current portion of operating lease liabilities	32,601	33,340
Deferred revenues	153,435	134,577
Total current liabilities	650,394	675,795
Long-term debt, net - less current portion	1,051,822	1,008,527
Deferred income taxes	705,834	696,557
Operating lease liabilities - less current portion	136,980	138,811
Other long-term liabilities	14,066	15,830
Total long-term liabilities	1,908,702	1,859,725
Contingencies and commitments	0	0
Kirby stockholders' equity:
Common stock, $0.10 par value per share. Authorized 120 million shares, issued 65.5 million shares	6,547	6,547
Additional paid-in capital	859,150	863,963
Accumulated other comprehensive income - net	34,611	35,006
Retained earnings	2,761,733	2,691,665
Treasury stock - at cost, 7.2 million shares at March 31, 2024 and 6.8 million at December 31, 2023	(446,393)	(411,750)
Total Kirby stockholders' equity	3,215,648	3,185,431
Noncontrolling interests	1,093	1,246
Total equity	3,216,741	3,186,677
Total liabilities and equity	$ 5,775,837	$ 5,722,197

About Kirby Corp

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. It also transports petrochemicals, black oils, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barges and tugboat units that are engaged in the offshore transportation of dry-bulk cargos in the United States coastal trade. As of December 31, 2022, it owned and operated 1,037 inland tank barge, approximately 277 inland towboat, 29 coastal tank barge, 27 coastal tugboat, 4 offshore dry-bulk cargo barge, 4 offshore tugboat, and 1 docking tugboat. Its Distribution and Services segment sells after-market service and genuine replacement parts for engines, transmissions, reduction gears, electric motors, drives, and controls, electrical distribution and control systems, energy storage battery systems, and related oilfield service equipment; rebuilds component parts or diesel engines, transmissions and reduction gears, and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications; rents generators, industrial compressors, high capacity lift trucks, and refrigeration trailers; and manufactures and remanufactures oilfield service equipment, including pressure pumping units, as well as manufacturers electric power generation equipment, specialized electrical distribution and control equipment, and high capacity energy storage/battery systems. It serves to various companies and the United States government. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.

CEO	Mr. David W. Grzebinski C.F.A.
WEBSITE	https://kirbycorp.com
INDUSTRY	Marine Shipping
EMPLOYEES	5200

Kirby Corp Frequently Asked Questions

What is the ticker symbol for Kirby Corp? What does KEX stand for in stocks?

KEX is the stock ticker symbol of Kirby Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kirby Corp (KEX)?

As of Tue May 07 2024, market cap of Kirby Corp is 6.61 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KEX stock?

You can check KEX's fair value in chart for subscribers.

What is the fair value of KEX stock?

You can check KEX's fair value in chart for subscribers. The fair value of Kirby Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Kirby Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KEX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Kirby Corp a good stock to buy?

The fair value guage provides a quick view whether KEX is over valued or under valued. Whether Kirby Corp is cheap or expensive depends on the assumptions which impact Kirby Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KEX.

What is Kirby Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, KEX's PE ratio (Price to Earnings) is 26.19 and Price to Sales (PS) ratio is 2.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KEX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Kirby Corp's stock?

In the past 10 years, Kirby Corp has provided 0.006 (multiply by 100 for percentage) rate of return.