Kirby (KEX) Expected to Post Quarterly Earnings on Wednesday

Kirby (NYSE:KEXGet Free Report) is expected to issue its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $1.63 per share and revenue of $870.3750 million for the quarter. Kirby has set its FY 2026 guidance at 6.650-7.280 EPS. Investors may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:30 AM ET.

Kirby (NYSE:KEXGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The shipping company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.09. Kirby had a net margin of 10.51% and a return on equity of 10.62%. The company had revenue of $844.10 million for the quarter, compared to analysts’ expectations of $832.57 million. During the same period last year, the firm posted $1.33 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. On average, analysts expect Kirby to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Kirby Price Performance

Shares of KEX stock opened at $148.61 on Wednesday. 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 has a 12-month low of $79.51 and a 12-month high of $157.69. The firm has a fifty day moving average of $141.38 and a 200-day moving average of $135.10. The firm has a market capitalization of $7.95 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 1.27 and a beta of 0.83.

Wall Street Analyst Weigh In

Several research firms have weighed in on KEX. Citigroup lifted their target price on Kirby from $160.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Wall Street Zen upgraded Kirby from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. BTIG Research reaffirmed a “buy” rating and set a $170.00 price target on shares of Kirby in a research report on Tuesday, July 14th. Bank of America lifted their price objective on Kirby from $169.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Finally, Weiss Ratings upgraded Kirby from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $162.20.

Read Our Latest Research Report on KEX

Insider Buying and Selling at Kirby

In related news, COO Christian G. O’neil sold 11,287 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $145.93, for a total value of $1,647,111.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP William Matthew Woodruff sold 678 shares of Kirby stock in a transaction on Friday, May 15th. The shares were sold at an average price of $147.37, for a total transaction of $99,916.86. Following the completion of the sale, the vice president owned 9 shares in the company, valued at $1,326.33. The trade was a 98.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 17,691 shares of company stock worth $2,579,036. Company insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Kirby

A number of large investors have recently modified their holdings of KEX. Virtu Financial LLC bought a new position in shares of Kirby in the 4th quarter valued at about $220,000. Corient Private Wealth LLC increased its position in shares of Kirby by 2.3% in the fourth quarter. Corient Private Wealth LLC now owns 31,623 shares of the shipping company’s stock valued at $3,484,000 after acquiring an additional 700 shares during the last quarter. State of Tennessee Department of Treasury raised its holdings in Kirby by 62.6% during the fourth quarter. State of Tennessee Department of Treasury now owns 25,638 shares of the shipping company’s stock worth $3,017,000 after acquiring an additional 9,868 shares in the last quarter. Mackenzie Financial Corp raised its holdings in Kirby by 136.9% during the fourth quarter. Mackenzie Financial Corp now owns 27,591 shares of the shipping company’s stock worth $3,056,000 after acquiring an additional 15,945 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in Kirby by 10.2% during the fourth quarter. Wellington Management Group LLP now owns 1,932,146 shares of the shipping company’s stock valued at $212,884,000 after purchasing an additional 178,422 shares during the last quarter. 96.15% of the stock is currently owned by institutional investors and hedge funds.

About Kirby

(Get Free Report)

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.

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Earnings History for Kirby (NYSE:KEX)

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