World Kinect (NYSE:WKC) Updates FY 2026 Earnings Guidance

World Kinect (NYSE:WKC) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.650-2.850 for the period, compared to the consensus earnings per share estimate of 2.180. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Weiss Ratings reissued a “sell (d)” rating on shares of World Kinect in a report on Monday, December 29th. Zacks Research raised World Kinect from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Morgan Stanley reduced their price target on World Kinect from $27.00 to $25.00 and set an “underweight” rating for the company in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $28.00.

World Kinect Price Performance

NYSE:WKC traded up $0.44 during trading hours on Thursday, hitting $23.62. 772,497 shares of the stock were exchanged, compared to its average volume of 833,771. World Kinect has a 52-week low of $22.21 and a 52-week high of $29.85. The firm’s fifty day moving average price is $24.02 and its 200 day moving average price is $24.82. The company has a current ratio of 1.06, a quick ratio of 0.92 and a debt-to-equity ratio of 0.52. The company has a market cap of $1.21 billion, a P/E ratio of -2.13, a P/E/G ratio of 0.62 and a beta of 1.11.

World Kinect (NYSE:WKC) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $999.00 EPS for the quarter, topping the consensus estimate of $0.58 by $998.42. World Kinect had a positive return on equity of 6.62% and a negative net margin of 1.66%.World Kinect has set its FY 2026 guidance at 2.650-2.850 EPS. As a group, equities research analysts anticipate that World Kinect will post 2.18 EPS for the current fiscal year.

World Kinect Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 16th. Shareholders of record on Monday, March 30th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.4%. The ex-dividend date was Monday, March 30th. World Kinect’s payout ratio is -7.22%.

Institutional Investors Weigh In On World Kinect

A number of large investors have recently made changes to their positions in the stock. Lido Advisors LLC grew its position in shares of World Kinect by 6.1% in the fourth quarter. Lido Advisors LLC now owns 10,504 shares of the company’s stock valued at $268,000 after purchasing an additional 608 shares in the last quarter. California State Teachers Retirement System grew its position in shares of World Kinect by 1.4% in the second quarter. California State Teachers Retirement System now owns 54,354 shares of the company’s stock valued at $1,541,000 after purchasing an additional 775 shares in the last quarter. Amundi grew its position in shares of World Kinect by 6.9% in the third quarter. Amundi now owns 13,874 shares of the company’s stock valued at $360,000 after purchasing an additional 898 shares in the last quarter. Swiss National Bank grew its position in World Kinect by 1.2% in the third quarter. Swiss National Bank now owns 109,700 shares of the company’s stock worth $2,847,000 after acquiring an additional 1,300 shares during the period. Finally, Royal Bank of Canada grew its position in World Kinect by 2.2% in the first quarter. Royal Bank of Canada now owns 68,228 shares of the company’s stock worth $1,934,000 after acquiring an additional 1,481 shares during the period. 97.06% of the stock is currently owned by hedge funds and other institutional investors.

World Kinect Company Profile

World Kinect Energy Services, Inc (NYSE: WKC) is a global energy services company specializing in fuel procurement, supply chain management and risk mitigation solutions. The company offers an integrated platform that facilitates the sourcing, trading and logistics of refined fuels, natural gas, liquefied natural gas (LNG) and renewable energy products. Its services are designed to help industrial, commercial and institutional clients optimize energy costs, comply with environmental regulations and manage price volatility.

In addition to traditional commodity trading and delivery, World Kinect provides a suite of value-added services that include carbon offset and decarbonization strategies, energy efficiency consulting and emissions reporting.