NYSE:KNF

Knife River (KNF) Stock Price, News & Analysis

$78.53
+0.82 (+1.06%)
(As of 05/10/2024 ET)
Today's Range
$77.34
$79.18
50-Day Range
$74.70
$82.05
52-Week Range
$33.67
$83.78
Volume
218,815 shs
Average Volume
320,411 shs
Market Capitalization
$4.45 billion
P/E Ratio
25.33
Dividend Yield
N/A
Price Target
$76.20

Knife River MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
3.0% Downside
$76.20 Price Target
Short Interest
Healthy
2.07% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of Knife River in the last 14 days
Based on 17 Articles This Week
Insider Trading
Acquiring Shares
$74 Bought Last Quarter
Proj. Earnings Growth
9.38%
From $3.52 to $3.85 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.15 out of 5 stars

Construction Sector

78th out of 102 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

15th out of 20 stocks

KNF stock logo

About Knife River Stock (NYSE:KNF)

Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete. It also provides contracting service, such as heavy-civil construction, asphalt and concrete paving, and site development and grading. In addition, the company sells cement, merchandise, and other building materials and related services. The company sells its construction materials to public and private-sector customers, including federal, state, and municipal governments, as well as industrial, commercial and residential developers, and other private parties; and provides its contracting services to public-sector customers for the development and servicing of highways, local roads, bridges, and other public-infrastructure projects. Knife River Corporation was founded in 1917 and is based in Bismarck, North Dakota.

KNF Stock Price History

KNF Stock News Headlines

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What Wall Street expects from Knife River's earnings
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Knife River: Q1 Earnings Snapshot
Knife River (KNF) Set to Announce Earnings on Tuesday
Knife River Corporation (KNF)
KNF: Lowering target price to $85.00
KNF Apr 2024 90.000 call
KNF Aug 2024 65.000 call
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/12/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
N/A
Fax
N/A
Employees
4,389
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$76.20
High Stock Price Target
$85.00
Low Stock Price Target
$58.00
Potential Upside/Downside
-3.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$182.87 million
Pretax Margin
8.23%

Debt

Sales & Book Value

Annual Sales
$2.83 billion
Cash Flow
$5.48 per share
Book Value
$21.53 per share

Miscellaneous

Free Float
56,270,000
Market Cap
$4.45 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Brian R. Gray (Age 53)
    CEO, President & Director
    Comp: $2.37M
  • Mr. Nathan W. Ring (Age 49)
    VP & CFO
    Comp: $1.08M
  • Mr. Trevor J. Hastings (Age 50)
    VP & COO
    Comp: $1.4M
  • Ms. Nancy K. Christenson (Age 67)
    Vice President of Administration
    Comp: $829.47k
  • Mr. Karl A. Liepitz (Age 45)
    VP, Chief Legal Officer & Secretary
    Comp: $1.31M
  • Ms. Marney L. Kadrmas (Age 54)
    Chief Accounting Officer
  • Mr. Zane Adam Karimi
    Director of Investor Relations
  • Tony Spilde
    Senior Director of Communications
  • Mr. Brad Arntson
    President of Western North Dakota Division
  • Mr. Rob Rebel
    President of Central North Dakota Division

KNF Stock Analysis - Frequently Asked Questions

Should I buy or sell Knife River stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Knife River in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KNF shares.
View KNF analyst ratings
or view top-rated stocks.

What is Knife River's stock price target for 2024?

6 brokers have issued 12 month price objectives for Knife River's shares. Their KNF share price targets range from $58.00 to $85.00. On average, they anticipate the company's share price to reach $76.20 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for KNF
or view top-rated stocks among Wall Street analysts.

How have KNF shares performed in 2024?

Knife River's stock was trading at $66.18 at the beginning of 2024. Since then, KNF shares have increased by 18.7% and is now trading at $78.53.
View the best growth stocks for 2024 here
.

Are investors shorting Knife River?

Knife River saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,170,000 shares, a decline of 17.6% from the April 15th total of 1,420,000 shares. Based on an average daily trading volume, of 389,800 shares, the days-to-cover ratio is presently 3.0 days.
View Knife River's Short Interest
.

When is Knife River's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our KNF earnings forecast
.

How were Knife River's earnings last quarter?

Knife River Co. (NYSE:KNF) released its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.84) EPS for the quarter, missing analysts' consensus estimates of ($0.80) by $0.04. The firm had revenue of $329.60 million for the quarter, compared to analyst estimates of $300.98 million. Knife River had a trailing twelve-month return on equity of 14.65% and a net margin of 6.19%. The company's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($516.50) EPS.

What ETFs hold Knife River's stock?

ETFs with the largest weight of Knife River (NYSE:KNF) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), LeaderShares Activist Leaders ETF (ACTV) and iShares Russell 2000 Value ETF (IWN).Vanguard Russell 2000 Value ETF (VTWV).

What guidance has Knife River issued on next quarter's earnings?

Knife River updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.8 billion-$3.0 billion, compared to the consensus revenue estimate of $2.9 billion.

Who are Knife River's major shareholders?

Knife River's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.29%), US Bancorp DE (0.76%), Principal Financial Group Inc. (0.38%), Allspring Global Investments Holdings LLC (0.22%), M&G Plc (0.20%) and Swiss National Bank (0.19%).
View institutional ownership trends
.

How do I buy shares of Knife River?

Shares of KNF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KNF) was last updated on 5/12/2024 by MarketBeat.com Staff

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