Kansas City Southern Forecasted to Post FY2017 Earnings of $5.00 Per Share (KSU)

Kansas City Southern (NYSE:KSU) – Stock analysts at CLSA decreased their FY2017 earnings per share (EPS) estimates for shares of Kansas City Southern in a note issued to investors on Monday. CLSA analyst D. Lipschitz now anticipates that the firm will post earnings of $5.00 per share for the year, down from their prior forecast of $5.25.

Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Tuesday, October 18th. The company reported $1.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.22 by $0.10. The company earned $605 million during the quarter, compared to the consensus estimate of $411.30 million. Kansas City Southern had a net margin of 20.90% and a return on equity of 11.57%. Kansas City Southern’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.21 earnings per share. COPYRIGHT VIOLATION NOTICE: “Kansas City Southern Forecasted to Post FY2017 Earnings of $5.00 Per Share (KSU)” was first published by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another website, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be read at https://www.com-unik.info/2017/01/11/kansas-city-southern-forecasted-to-post-fy2017-earnings-of-5-00-per-share-ksu.html.

Earnings History and Estimates for Kansas City Southern (NYSE:KSU)

Several other analysts have also weighed in on the stock. Loop Capital reiterated a “buy” rating and issued a $98.00 price objective on shares of Kansas City Southern in a research note on Thursday, January 5th. Bank of America Corporation lowered shares of Kansas City Southern from a “buy” rating to a “neutral” rating and set a $94.00 price target for the company. in a research note on Wednesday, November 9th. BMO Capital Markets restated a “market perform” rating and set a $98.00 price target on shares of Kansas City Southern in a research note on Tuesday, October 4th. Zacks Investment Research lowered shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. Finally, Vertical Research started coverage on shares of Kansas City Southern in a research note on Tuesday, October 11th. They set a “hold” rating for the company. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $99.47.

Shares of Kansas City Southern (NYSE:KSU) traded up 0.21% during trading on Wednesday, hitting $81.45. 1,127,469 shares of the stock traded hands. The stock has a market cap of $8.76 billion, a price-to-earnings ratio of 18.04 and a beta of 0.90. Kansas City Southern has a 1-year low of $62.20 and a 1-year high of $100.69. The stock has a 50 day moving average price of $85.30 and a 200-day moving average price of $90.91.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 18th. Stockholders of record on Friday, December 30th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Wednesday, December 28th. Kansas City Southern’s dividend payout ratio is presently 29.33%.

COPYRIGHT VIOLATION NOTICE: “Kansas City Southern Forecasted to Post FY2017 Earnings of $5.00 Per Share (KSU)” was first published by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another website, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be read at https://www.com-unik.info/2017/01/11/kansas-city-southern-forecasted-to-post-fy2017-earnings-of-5-00-per-share-ksu.html.

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Kansas City Southern by 1.4% in the second quarter. Vanguard Group Inc. now owns 9,452,097 shares of the company’s stock valued at $851,539,000 after buying an additional 133,749 shares in the last quarter. Winslow Capital Management LLC bought a new position in Kansas City Southern during the second quarter valued at $261,621,000. BlackRock Institutional Trust Company N.A. boosted its position in Kansas City Southern by 1.1% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 2,832,641 shares of the company’s stock valued at $264,342,000 after buying an additional 29,885 shares during the period. Waddell & Reed Financial Inc. boosted its position in Kansas City Southern by 14.8% in the second quarter. Waddell & Reed Financial Inc. now owns 2,558,753 shares of the company’s stock valued at $230,518,000 after buying an additional 330,177 shares during the period. Finally, BlackRock Fund Advisors boosted its position in Kansas City Southern by 6.4% in the third quarter. BlackRock Fund Advisors now owns 2,204,445 shares of the company’s stock valued at $205,719,000 after buying an additional 132,673 shares during the period. Hedge funds and other institutional investors own 87.41% of the company’s stock.

Kansas City Southern Company Profile

Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri and several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.

5 Day Chart for NYSE:KSU

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