KNF stock icon

Knife River

105.34 USD
+2.33
2.26%
At close Dec 6, 4:00 PM EST
1 day
2.26%
5 days
1.02%
1 month
4.78%
3 months
41.34%
6 months
55.35%
Year to date
64.11%
1 year
71.82%
5 years
167.36%
10 years
167.36%
 

About: Knife River Holding Co formerly Knife River Corp provides construction materials and contracting services throughout the western, central, and southern United States. Knife River produces and delivers aggregates and markets crushed stone, sand, gravel, and related construction materials, including ready-mix concrete, asphalt, and other value-added products. It also distributes cement and asphalt oil. It has more than 1 billion tons of aggregate reserves, 110 ready-mix plants, 50 asphalt plants, and a combined 410,000 tons of liquid asphalt and cement storage. The company also performs integrated contracting services for most types of aggregate-related construction, including roads, freeways, bridges, residential properties, schools, shopping centers, office buildings, and industrial parks.

Employees: 4,389

0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

680% more call options, than puts

Call options by funds: $7.4M | Put options by funds: $948K

24% more capital invested

Capital invested by funds: $3.28B [Q2] → $4.07B (+$788M) [Q3]

22% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 49

3% more funds holding

Funds holding: 373 [Q2] → 384 (+11) [Q3]

3% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 122

2.12% less ownership

Funds ownership: 82.57% [Q2] → 80.45% (-2.12%) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$100
5%
downside
Avg. target
$107
1%
upside
High target
$110
4%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
DA Davidson
Brent Thielman
97% 1-year accuracy
28 / 29 met price target
4%upside
$110
Buy
Maintained
6 Nov 2024
Loop Capital
Garik Shmois
75% 1-year accuracy
9 / 12 met price target
5%downside
$100
Buy
Maintained
5 Nov 2024
Oppenheimer
Ian Zaffino
76% 1-year accuracy
13 / 17 met price target
4%upside
$110
Outperform
Maintained
21 Oct 2024

Financial journalist opinion

Neutral
Business Wire
1 week ago
Knife River Names Pladsen Vice President and Chief Excellence Officer
BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that Glenn R. Pladsen has been named Vice President and Chief Excellence Officer, tasked with leading core elements of the company's “Competitive EDGE” strategy for long-term, profitable growth. The position takes effect Jan. 1, 2025. “EDGE” stands for EBITDA Margin Improvement, Discipline, Growth and Excellence. The “Excellence” pillar of EDGE helps support each of the other key initiatives. In his current rol.
Knife River Names Pladsen Vice President and Chief Excellence Officer
Positive
Investors Business Daily
2 weeks ago
Will Donald Trump Crush These Growth Stocks?
Infrastructure construction in the U.S. is booming and analysts expect significant growth for this industry. The post Will Donald Trump Crush These Growth Stocks?
Will Donald Trump Crush These Growth Stocks?
Neutral
Seeking Alpha
1 month ago
Knife River Corporation (KNF) Q3 2024 Earnings Call Transcript
Knife River Corporation (NYSE:KNF ) Q3 2024 Earnings Conference Call November 4, 2024 11:00 AM ET Company Participants Nathan Ring - CFO Brian Gray - President & CEO Conference Call Participants Kathryn Thompson - Thompson Research Trey Grooms - Stephens Garik Shmois - Loop Capital Ian Zaffino - Oppenheimer Sherif El-Sabbahy - Bank of America Merrill Lynch Chris Ellinghaus - Siebert Williams Shank John Ramirez - D.A. Davidson Operator Good morning, ladies and gentlemen, and welcome to the Knife River Corporation Third Quarter Results Conference Call.
Knife River Corporation (KNF) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Knife River (KNF) Lags Q3 Earnings and Revenue Estimates
Knife River (KNF) came out with quarterly earnings of $2.60 per share, missing the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $2.58 per share a year ago.
Knife River (KNF) Lags Q3 Earnings and Revenue Estimates
Neutral
Business Wire
1 month ago
Knife River Corporation Reports Third Quarter Financial Results
BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the third quarter ended September 30, 2024. PERFORMANCE SUMMARY     Three Months Ended   Nine Months Ended (In millions, except per share) 2024 2023 % Change   2024 2023 % Change Revenue $1,105.3 $1,090.4 1%   $2,241.8 $2,183.5 3% Gross profit $273.0 $269.4 1%   $455.7 $426.5 7% Net income $1.
Knife River Corporation Reports Third Quarter Financial Results
Positive
Zacks Investment Research
1 month ago
Knife River (KNF) Reports Next Week: Wall Street Expects Earnings Growth
Knife River (KNF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Knife River (KNF) Reports Next Week: Wall Street Expects Earnings Growth
Neutral
Business Wire
1 month ago
Knife River Corporation Announces Third Quarter 2024 Results Conference Call
BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its third quarter 2024 earnings conference call at 11 a.m. EST Monday, November 4, 2024. Financial results for the quarter will be released that morning before the NYSE market opens. A live webcast of the call, along with presentation slides, will be available in the Investors section of the Knife River website at inves.
Knife River Corporation Announces Third Quarter 2024 Results Conference Call
Positive
Zacks Investment Research
2 months ago
Knife River (KNF) Upgraded to Buy: Here's What You Should Know
Knife River (KNF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Knife River (KNF) Upgraded to Buy: Here's What You Should Know
Positive
Zacks Investment Research
3 months ago
3 Highly Ranked Construction Stocks to Buy as Markets Rebound
With the broader market starting to stabilize and rebound, here are three highly-ranked construction stocks to consider after being added to the Zacks Rank #1 (Strong Buy) list this week.
3 Highly Ranked Construction Stocks to Buy as Markets Rebound
Neutral
Zacks Investment Research
3 months ago
KNF vs. JHX: Which Stock Is the Better Value Option?
Investors interested in stocks from the Building Products - Miscellaneous sector have probably already heard of Knife River (KNF) and James Hardie (JHX). But which of these two stocks offers value investors a better bang for their buck right now?
KNF vs. JHX: Which Stock Is the Better Value Option?
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