Latest news with #KnifeRiverCorporation
Business Insider
3 days ago
- Business
- Business Insider
Loop Capital Markets Remains a Buy on Knife River Corporation (KNF)
In a report released today, Garik Shmois from Loop Capital Markets reiterated a Buy rating on Knife River Corporation (KNF – Research Report), with a price target of $111.00. The company's shares closed yesterday at $94.12. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Shmois is a 5-star analyst with an average return of 13.2% and a 66.67% success rate. Shmois covers the Industrials sector, focusing on stocks such as Owens Corning, Carlisle Companies, and Armstrong World. Knife River Corporation has an analyst consensus of Strong Buy, with a price target consensus of $115.00, which is a 22.18% upside from current levels. In a report released on May 13, Wells Fargo also reiterated a Buy rating on the stock with a $114.00 price target.
Business Insider
3 days ago
- Business
- Business Insider
Analysts Offer Insights on Materials Companies: TRONOX (TROX) and Knife River Corporation (KNF)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on TRONOX (TROX – Research Report) and Knife River Corporation (KNF – Research Report). Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. TRONOX (TROX) BMO Capital analyst John McNulty downgraded TRONOX to Hold today and set a price target of $7.00. The company's shares closed last Tuesday at $5.31. According to McNulty is a 3-star analyst with an average return of 1.0% and a 49.2% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and DuPont de Nemours. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TRONOX with a $10.56 average price target, representing a 98.9% upside. In a report issued on May 5, Morgan Stanley also maintained a Hold rating on the stock with a $8.00 price target. Knife River Corporation (KNF) Bank of America Securities analyst Sherif El-Sabbahy reiterated a Buy rating on Knife River Corporation today and set a price target of $115.00. The company's shares closed last Tuesday at $91.81. According to El-Sabbahy is a 4-star analyst with an average return of 14.7% and a 58.2% success rate. El-Sabbahy covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Bowman Consulting Group, and ESAB Corporation. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Knife River Corporation with a $114.60 average price target.
Business Insider
3 days ago
- Business
- Business Insider
Knife River Corporation (KNF) Receives a Rating Update from a Top Analyst
In a report released today, Brent Thielman from D.A. Davidson maintained a Buy rating on Knife River Corporation (KNF – Research Report). The company's shares closed yesterday at $91.87. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Thielman covers the Industrials sector, focusing on stocks such as Fluor, Sterling Construction, and Granite Construction. According to TipRanks, Thielman has an average return of 20.4% and a 65.80% success rate on recommended stocks. Knife River Corporation has an analyst consensus of Strong Buy, with a price target consensus of $113.60, implying a 23.65% upside from current levels. In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $115.00 price target. The company has a one-year high of $108.83 and a one-year low of $66.13. Currently, Knife River Corporation has an average volume of 516K.
Yahoo
13-02-2025
- Business
- Yahoo
Knife River Corporation's (NYSE:KNF) institutional investors lost 5.6% over the past week but have profited from longer-term gains
Given the large stake in the stock by institutions, Knife River's stock price might be vulnerable to their trading decisions 50% of the business is held by the top 16 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business A look at the shareholders of Knife River Corporation (NYSE:KNF) can tell us which group is most powerful. With 83% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). No shareholder likes losing money on their investments, especially institutional investors who saw their holdings drop 5.6% in value last week. Still, the 41% one-year gains may have helped mitigate their overall losses. But they would probably be wary of future losses. Let's take a closer look to see what the different types of shareholders can tell us about Knife River. View our latest analysis for Knife River Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. Knife River already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Knife River's earnings history below. Of course, the future is what really matters. Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Knife River is not owned by hedge funds. Our data shows that BlackRock, Inc. is the largest shareholder with 13% of shares outstanding. For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 3.5% by the third-largest shareholder. A closer look at our ownership figures suggests that the top 16 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our data suggests that insiders own under 1% of Knife River Corporation in their own names. Keep in mind that it's a big company, and the insiders own US$34m worth of shares. The absolute value might be more important than the proportional share. Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling. The general public-- including retail investors -- own 16% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It's always worth thinking about the different groups who own shares in a company. But to understand Knife River better, we need to consider many other factors. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
