
Kirby (KEX) Stock Forecast & Price Target
Kirby (KEX) Analyst Ratings
Bulls say
Kirby Corp is anticipated to experience revenue and margin growth in its Distribution and Services segment as it moves into 2024, with coastal margins projected to improve by 100 to 200 basis points compared to the previous year. The company’s expectations for free cash flow generation exceeding $350 million indicate a strong financial position, providing a solid foundation for continued share buyback initiatives. Additionally, Kirby is strategically positioned to capitalize on the recovery in the inland tank barge sector, further enhancing its financial outlook.
Bears say
Kirby Corp's anticipated earnings per share (EPS) for the latter half of 2025 is projected to decline approximately 2% due to decreased utilization in their Inland operations, indicating challenges in revenue generation. The company's adjusted EPS forecast for 2026 has been lowered to $6.50, which is 10% below consensus expectations and reflects a stagnation in Inland earnings before interest and taxes (EBIT), despite projected growth in Coastal segments. Additionally, the overall market dynamics indicate that barge utilization remains in the low 80% range, driven by lower petrochemical volumes and a shift back to a normalized maintenance cycle, presenting significant uncertainties for future profitability.
This aggregate rating is based on analysts' research of Kirby and is not a guaranteed prediction by Public.com or investment advice.
Kirby (KEX) Analyst Forecast & Price Prediction
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