T. Rowe Price reports over 10% of Knife River (KNF) shares but denies beneficial ownership.
T. Rowe Price Associates, Inc. has filed an amended Schedule 13G/A, reporting beneficial ownership of 6,133,996 common shares, or 10.8% of Knife River (KNF) as of September 30, 2026. Despite the filing, T. Rowe Price Associates explicitly denied beneficial ownership, stating that the report should not be construed as an admission of such. The filing details their sole voting power over 6,119,121 shares and sole dispositive power over 6,133,996 shares, with no shared powers.
Knife River Corp stock hits 52-week low at 50.62 USD By Investing.com
Knife River Corp (KNF) stock has hit a 52-week low of $50.62, trading slightly above this mark at $50.59, and has declined 35% in the last six months and 29.95% over the past year. Despite this downturn, InvestingPro data suggests the stock may be undervalued, holding a "GOOD" financial health score, while the company recently reported Q2 2026 earnings below expectations but raised its full-year revenue guidance. Analyst opinions are mixed, with DA Davidson initiating a "Buy" rating and JPMorgan downgrading to "Underweight."
Knife River Corp stock hits 52-week low at 50.62 USD
Knife River Corp (KNF) stock has fallen to a 52-week low of $50.62, currently trading slightly above that at $50.59, representing a 35% decline over the past six months and nearly 30% over the last year. Despite a "GOOD" financial health score and InvestingPro suggesting potential undervaluation, the company missed Q2 2026 profit expectations, although revenue increased by 13%. Analyst opinions are mixed, with DA Davidson initiating a "buy" rating and an $85 price target, while JPMorgan downgraded the stock to "underweight" with a $73 target due to margin growth concerns.
Knife River Corp stock hits 52-week low at 50.62 USD
Knife River Corp (KNF) stock has fallen to a 52-week low of $50.62, representing a 35% drop over the past six months and nearly 30% over the last year, reflecting investor concerns. Despite this, InvestingPro data suggests the stock may be undervalued with a "GOOD" financial health score. The company recently missed Q2 2026 earnings expectations but raised full-year revenue guidance, while analysts have mixed ratings, with DA Davidson initiating a "Buy" and JPMorgan downgrading to "Underweight."
Knife River Reiterates Focus on Disciplined Execution and Shareholder Value Creation
Knife River Corporation issued a statement in response to Starboard Value LP's investment, welcoming constructive dialogue to enhance shareholder value. The company, an aggregates-based construction materials and contracting services firm, emphasized its commitment to disciplined execution, operational excellence, and profitable growth since becoming an independent public company in 2023. Knife River reiterated its focus on margin expansion, capital allocation, and creating long-term value through its vertically integrated platform.
Knife River Guides 2H26 Contracting Margins to 9-10%
Knife River Corporation announced an expected second-half 2026 contracting services margin of 9% to 10%, according to an investor presentation. The company cited various headwinds in Q2 2026, including higher fuel costs, delayed projects, and issues with escalation recovery, impacting its adjusted EBITDA. Management is implementing strategies like right-sizing crews, targeting upstream materials sales, and accelerating non-delayed projects to address these challenges.
Knife River posts Sept. 2026 investor presentation, provides updated outlook and TTM adjusted EBITDA details
Knife River (KNF) released an investor presentation outlining its growth strategy and current financial status. The company reported a TTM Adjusted EBITDA of $501.6 million and an Adjusted EBITDA margin of 15.2% as of June 30, 2026. The presentation also detailed second-quarter headwinds, such as fewer public bid lettings and higher fuel costs, and outlined mitigation strategies and future growth plans including acquisitions and organic investments.
Knife River Corp stock hits 52-week low at 55.27 USD
Knife River Corp (KNF) has seen its stock hit a 52-week low of $55.27, trading at $55.36 with a market cap of $3.21 billion. Despite an InvestingPro tip indicating the stock is oversold and undervalued, the company reported a significant earnings miss for Q2 2026, though it raised full-year revenue guidance. Analyst opinions are mixed, with JPMorgan downgrading the stock while DA Davidson initiated coverage with a buy rating.
Knife River Corp stock hits 52-week low at 55.27 USD
Knife River Corp (KNF) stock has fallen to a 52-week low of $55.27, trading at $55.36 with a market cap of $3.21 billion. Despite the downturn, InvestingPro suggests the stock is oversold and undervalued, indicating potential for patient investors. The company recently missed Q2 2026 earnings expectations but raised full-year revenue guidance, while analysts have mixed views on its future performance.
Knife River Corp stock hits 52-week low at 55.27 USD
Knife River Corp (KNF) stock has fallen to a 52-week low of $55.27, reflecting a 25.88% decline over the past year. Despite this downturn and a recent earnings miss, the stock is considered undervalued by InvestingPro, with analysts providing mixed ratings and price targets. The company raised its full-year revenue guidance, suggesting potential for recovery.
Knife River Corp stock hits 52-week low at 58.72 USD
Knife River Corp (KNF) stock has fallen to a 52-week low of $58.72, representing a 25.09% decline over the past year. Despite this, InvestingPro data suggests the stock is undervalued, with a market cap of $3.49 billion and continued profitability. The company recently missed Q2 2026 earnings expectations but raised full-year revenue guidance, while analysts have mixed opinions on its future performance, with JPMorgan downgrading and DA Davidson initiating a "buy" rating.
Knife River Corp stock hits 52-week low at 58.72 USD
Knife River Corp (KNF) stock has fallen to a 52-week low of $58.72, representing a 25.09% decline over the past year. Despite this, InvestingPro data suggests the stock may be undervalued given its $3.49 billion market cap and profitability. The company recently missed Q2 2026 earnings expectations but raised its full-year revenue guidance, while analysts from JPMorgan downgraded the stock and DA Davidson initiated coverage with a buy rating.
Knife River Corp stock hits 52-week low at 58.72 USD By Investing.com
Knife River Corp (KRC) stock has fallen to a 52-week low of $58.72, representing a 25.09% decline over the past year. This comes after the company reported an earnings miss for Q2 2026, despite increasing revenue and raising full-year revenue guidance. Analyst opinions are mixed, with JPMorgan downgrading the stock and DA Davidson initiating coverage with a buy rating.
Knife River Corp stock hits 52-week low at 58.72 USD
Knife River Corp (KNF) stock has fallen to a 52-week low of $58.72, representing a 25.09% decline over the past year, despite being profitable and having a market cap of $3.49 billion. The company missed Q2 2026 profit expectations, reporting $0.77 per share against a forecasted $1.75, though revenue increased and full-year guidance was raised. Analysts have mixed opinions, with JPMorgan downgrading the stock while DA Davidson initiated coverage with a buy rating.
JPMorgan downgrades Knife River stock rating on margin concerns
JPMorgan downgraded Knife River Corp. (NYSE:KNF) to Underweight from Neutral, lowering its price target to $73.00 from $80.00, citing margin concerns due to increased competition, elevated energy costs, and limited growth prospects in Oregon. The firm sees few positive catalysts for the stock in the near-to-medium term. This follows Knife River's recent Q2 earnings miss, despite revenue growth and raised full-year guidance, though DA Davidson initiated coverage with a buy rating.
JPMorgan downgrades Knife River stock rating on margin concerns By Investing.com
JPMorgan downgraded Knife River Corp. (NYSE:KNF) to Underweight from Neutral, citing concerns about limited growth in its largest market, Oregon, increased competition, and elevated energy costs impacting profit margins. The firm also lowered its price target to $73 from $80, noting the stock is trading near its 52-week low despite appearing undervalued by InvestingPro analysis. This downgrade follows Knife River's recent Q2 2026 earnings miss, although the company raised full-year revenue guidance.
DA Davidson initiates Knife River stock coverage with buy rating
DA Davidson has initiated coverage on Knife River Corp. (NYSE:KNF) with a buy rating and a price target of $85.00, citing the company's undervaluation despite a recent pullback in share price following second-quarter earnings. The firm believes current levels offer an attractive entry point, supported by Knife River's liquid assets exceeding short-term obligations and continued profitability. Despite missing Q2 profit expectations, Knife River raised its full-year revenue guidance, indicating strong underlying demand.
KNIFE RIVER CORP : D.A. DAVIDSON INITIATES COVERAGE WITH BUY RATING; TARGET PRICE $85
D.A. Davidson has initiated coverage on Knife River Corp (KNF.N) with a "Buy" rating. The firm has set a target price of $85 for the company's stock. This indicates a positive outlook from D.A. Davidson regarding Knife River Corp's future performance.
Knife River veteran Verwest leads NRMCA Sustainability Programs
The National Ready Mixed Concrete Association (NRMCA) has appointed Melissa Verwest, formerly of Knife River Corp. and Oldcastle Infrastructure, as its senior director of Sustainability Programs. In this role, Verwest will oversee the administration and growth of NRMCA's sustainability services, including Environmental Product Declarations and Concrete Sustainability Council certifications. Her extensive experience as a structural design engineer and her knowledge of sustainability codes are expected to benefit the industry.
Why Is Knife River (NYSE: KNF) Revenue Rising While Profitability Falls?
Knife River (NYSE: KNF) recently reported increased revenue in its latest quarterly results, yet simultaneously experienced a decline in profitability. The company, which specializes in construction materials like aggregates, asphalt, and ready-mixed concrete, has also raised its full-year revenue expectations. Despite the positive revenue outlook, the mixed operating trends highlight the impact of factors such as weather, project schedules, and material costs on its financial performance.
Knife River Corporation (NYSE:KNF) Receives Consensus Recommendation of "Moderate Buy" from Analysts
Analysts have issued a "Moderate Buy" consensus recommendation for Knife River Corporation (NYSE:KNF), with an average 12-month price target of $89.71, significantly above its current trading price of $66.29. The company's recent quarterly earnings were mixed, with revenue exceeding estimates but EPS falling short. Institutional investors hold a substantial 80.11% of the company's stock, despite several analysts recently lowering price targets or ratings.
T. Rowe Price Associates (KNF) reports 5.1M Knife River Corp shares, a 9% stake
T. Rowe Price Associates has reported a beneficial ownership of 5,116,450 shares of Knife River Corp (KNF) common stock, which represents a 9.0% stake in the company. The firm holds sole voting power over 5,104,094 shares and sole dispositive power over all 5,116,450 shares. T. Rowe Price, however, expressly denies beneficial ownership of these securities, stating the report should not be construed as such an admission.
Capital World Investors reports 5.7% Knife River (KNF) stake on Schedule 13G
Capital World Investors has reported a 5.7% beneficial ownership stake in Knife River Corporation (KNF), amounting to 3,244,201 shares. This disclosure was made via a Schedule 13G filing, indicating a passive investment strategy. Capital World Investors maintains sole voting and dispositive power over these shares, though SMALLCAP World Fund, Inc. may have rights to dividends or sale proceeds.
KNIFE RIVER CORP : JP MORGAN CUTS TARGET PRICE TO $80 FROM $95
JP Morgan has lowered its target price for Knife River Corp (KNF.N) to $80 from $95. This report was published by Reuters on August 10, 2026. The article advises readers that the content reflects only the author's opinion and is not investment advice.
Knife River Corp rated Hold due to low returns and overvalued stock despite 13% revenue growth in Q2
Knife River Corporation received a Hold rating due to its low returns on invested capital and an overvalued stock with a 26x price-to-earnings ratio, despite reporting a 13% revenue growth in Q2. The company faced margin pressure from rising costs, which were partially offset by price increases and benefits from local monopolies in its aggregates segment. Analysts see limited potential for significant upside or margin improvement, advising caution for investors.
Knife River Q2 2026 earnings: Revenue rises as margins narrow
Knife River (NYSE: KNF) reported a 13% increase in Q2 2026 revenue to $938.6 million, driven by higher contracting activity and acquisitions. However, diluted EPS fell by 13% to $0.77 due to lower-margin contracting work, project timing, and increased operating expenses, causing gross and adjusted EBITDA margins to narrow. The company raised its full-year revenue outlook but maintained its adjusted EBITDA guidance, highlighting risks associated with contracting margins, project timing, and leverage.
KNIFE RIVER CORP : STEPHENS CUTS TARGET PRICE TO $80 FROM $105
Stephens has cut its target price for Knife River Corp (KNF.N) shares to $80 from the previous $105. This adjustment was reported by Reuters on August 5, 2026. The article provides only this brief financial news update.
KNIFE RIVER CORP : STEPHENS CUTS TARGET PRICE TO $80 FROM $105
Stephens has cut its target price for Knife River Corp (KNF.N) to $80 from $105. This information was reported by Reuters on August 5, 2026. The article itself does not provide further details or rationale for the target price adjustment.
[10-Q] Knife River Corp Quarterly Earnings Report
Knife River Corporation has released its quarterly earnings report (Form 10-Q) for the period ending June 30, 2026. The report details the company's financial performance, including revenue increases in construction materials and contracting services, particularly driven by acquisitions and favorable weather conditions. Despite the growth in revenue, operating income saw a decrease, and the company reported a net loss for the six-month period.
Aggregate shipments, pricing help lift Knife River in Q2
Knife River Corp. reported a 13% increase in second-quarter revenue, reaching $938.6 million, driven by strong aggregate shipments and pricing. Despite a slight 1% dip in adjusted EBITDA, the company saw a 13.7% rise in aggregate sales volumes and a 3.2% increase in average selling price per ton. CEO Brian Gray highlighted opportunities from a $1.2 billion contracting services backlog and ongoing M&A activities to drive future growth.
Earnings call transcript: Knife River misses Q2 2026 profit view, shares fall
Knife River Corp. reported Q2 2026 earnings of $0.77 per share, significantly missing the $1.75 forecast, despite revenue increasing 13% to $938.6 million. The company's shares fell over 10% in premarket trading. Management attributed the profit miss to approximately $24 million in external headwinds, including higher fuel costs, weather delays, and project timing shifts, but maintained optimism for the full year and raised revenue guidance.
Knife River contracting backlog climbs to $1.2 billion in Q2
Knife River Corporation announced its Q2 2026 financial results, reporting a 13% year-over-year revenue growth and a 20% increase in contracting services revenue. The company's contracting services backlog reached $1.2 billion, leading to raised full-year 2026 guidance for revenue and aggregate volumes. Despite headwinds like energy costs, the company delivered strong operational results, driven by acquisitions and organic growth projects.
Earnings To Watch: Knife River Corp (KNF) Q2 2026 -- GF Value Sees 28% Upside
Knife River Corp (KNF) is preparing to release its Q2 2026 earnings, with analysts expecting revenue of $930.43 million and earnings of $1.12 per share. Revenue and earnings estimates for full-year 2026 and 2027 have seen increases over the past 90 days. The company's stock has an average price target of $103.48 from analysts, implying a 41.42% upside, while GuruFocus estimates a 27.51% upside based on its GF Value.
Knife River in the spotlight as earnings test acquisition gains
Knife River Corp. is poised to report its second-quarter earnings, with analysts expecting a significant turnaround to $1.75 per share, driven by seasonal construction demand and recent acquisitions. The report will assess the success of three 2026 acquisitions and the company's ability to maintain momentum and pricing power amid infrastructure spending. Investors will also focus on the firm's $1 billion backlog and commentary on future infrastructure project activity.
Knife River (KNF) Q2 Earnings Lag Estimates
Knife River (KNF) reported Q2 earnings of $0.77 per share, significantly missing the Zacks Consensus Estimate of $1.11 per share and falling below last year's $0.89 per share. Despite the earnings miss, the company's revenues of $938.6 million surpassed estimates and prior year figures. Knife River currently holds a Zacks Rank #3 (Hold), suggesting its shares are expected to perform in line with the market.
First Trust Advisors LP Increases Stock Holdings in Knife River Corporation $KNF
First Trust Advisors LP significantly increased its stake in Knife River Corporation (NYSE:KNF) by 214.2% in the first quarter, now owning 89,551 shares valued at $7.3 million. This comes as Knife River reported strong quarterly revenue growth of 16% year-over-year, beating analyst expectations. Analysts maintain a "Moderate Buy" consensus with an average price target of $97.14, suggesting potential upside from the stock's recent opening price of $73.19.
Vanguard Portfolio Management (KNF) discloses 2.87M-share Knife River Corp position
Vanguard Portfolio Management has disclosed a significant passive investment in Knife River Corp (KNF), reporting beneficial ownership of 2,870,086 shares, which represents a 5.05% stake in the company. This filing, a Schedule 13G, indicates that Vanguard holds sole voting power over 54,943 shares and sole dispositive power over all 2,870,086 shares. The investment is held by various Vanguard funds and managed accounts, reflecting Vanguard's role as an institutional investor.
Knife River Number of Employees 2026 | Employee Count & Headcount Data
Knife River Corp. (KNF) has approximately 5,295 total employees worldwide as of March 2026, representing a 1.8% growth since 2023. The company is actively hiring, with 865 active job postings in 2026, a 16.5% increase from the previous year. The workforce is primarily concentrated in the United States, with Engineering, Sales and Marketing, and Finance and Operations being the largest functional groups.
Knife River Corp (KNF) Institutional Confidence
Knife River Corp (KNF) has an institutional shareholding score of 10.00, placing it first in the Construction Materials industry. The institutional shareholding proportion recently increased by 12.22% quarter-over-quarter, reaching 108.85%. Barrow Hanley is the largest institutional shareholder, holding 2.14 million shares, which represents 3.61% of shares outstanding.
Knife River Corp (KNF) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis of Knife River Corp (KNF), noting its current valuation score of 8.07, ranking 8th in the Construction Materials industry. It highlights the company's P/E ratio of 30.33, which is significantly below its recent high but above its recent low. The article also mentions that relevant data for P/B, P/S, and P/CF have not yet been disclosed by the company.
Knife River Market Sentiment
This article provides an overview of market sentiment for Knife River (KNF), including analyst consensus, short interest, and recent analyst actions. The analyst consensus indicates a "Buy" rating with an average price target of $96. Short interest is declining, which is considered bullish, and the article details numerous analyst ratings and price target changes from various firms over the past year.
Knife River and RDO Open New Employment Avenues for Heavy Equipment Operators
Knife River and RDO Equipment Co., in collaboration with Teleo, have launched a pilot program in Montana to address workforce shortages by enabling disabled veterans to remotely operate heavy equipment. This initiative uses semi-autonomous technology on John Deere wheel loaders, allowing operators to work from a remote command center. The program aims to expand the labor pool, provide meaningful job opportunities for veterans, and enhance safety by removing operators from challenging job site conditions.
Knife River Corp (KNF) Dividends & Stock Splits: Historical Payouts and Event Timeline
This article provides an overview of Knife River Corp (KNF) stock, focusing on its dividend history and stock split events. It notes that a total of 0.00 USD has been distributed in dividends over the past five years and indicates that no specific dividend data is currently available. The article serves as a financial data point for potential investors interested in KNF's payout history.
Knife River Corp (KNF) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article provides a detailed revenue breakdown for Knife River Corp (KNF) across its various business segments and by region. The data, updated as of January 6, shows significant contributions from public-sector contracting services, ready-mix concrete, aggregates, and asphalt. The company's revenue is primarily generated within the United States.
Knife River Corp (KNF) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of Knife River Corp (KNF), outlining its major shareholders and institutional holdings. Key institutional investors include BlackRock Institutional Trust Company, T. Rowe Price Associates, and Vanguard Portfolio Management. The report also provides a breakdown of shareholder types and historical institutional shareholding data.
KNF|Knife River Corp|Price:78.060|Chg%:+0.425
This article provides a detailed financial overview of Knife River Corp (KNF), including its stock price, market capitalization, and P/E ratio. It presents comprehensive financial statements like the income statement, balance sheet, and cash flow statement, alongside analyst ratings and earnings forecasts. The report also addresses frequently asked questions regarding the company's revenue, assets, liabilities, earnings per share, and various margin and ratio metrics based on its FY2025 earnings report.
Knife River Corp (KNF) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Knife River Corp (KNF), detailing its price momentum score, support and resistance levels, and various technical indicators. It shows that KNF has a current price momentum score of 3.79, ranking it 3rd in its industry, with its stock trading between resistance at $88.65 and support at $72.07. The article also presents a breakdown of buy, sell, and neutral signals from indicators like MACD, RSI, and moving averages, concluding with a neutral overall signal based on technical analysis.
Knife River Corp (KNF) Earnings Forecast: Future EPS & Revenue Growth Estimates
Knife River Corp (KNF) has an earnings forecast score of 8.00, ranking 3rd in the Construction Materials industry, with an average price target of $95.00 based on 10 analysts recommending a "Buy" trend. The company's expected revenue for the next quarter is $930.43 million, and its EPS for the previous quarter was $0.57, with an expectation of $1.12 for the next quarter.
Fifth Third Bancorp Buys 22,416 Shares of Knife River Corporation $KNF
Fifth Third Bancorp significantly increased its stake in Knife River Corporation, purchasing 22,416 additional shares in the first quarter, bringing its total holdings to 22,970 shares valued at approximately $1.88 million. This move highlights strong institutional interest in Knife River, with over 80% of the stock owned by institutions and hedge funds. Analysts generally maintain a "Moderate Buy" rating for KNF, projecting a price target of $97.14, following the company's recent earnings beat and 16% year-over-year revenue growth.
KRHC5570479 Bond Profile — Key Metrics
This article provides key metrics for the KRHC5570479 bond, issued by Knife River Corporation. The bond has a 7.75% coupon rate and matures on May 1, 2031, with an outstanding amount of $425.00 million USD. Knife River Corporation, founded in 1917, is involved in mining aggregates and marketing construction materials across various segments.
