Knife River Corporation (NYSE:KNF) Stock Has Consensus Price Target of $69.29

Posted by Brenda Bartman on Nov 3rd, 2026

Knife River Corporation (NYSE:KNF – Get Free Report) has earned a consensus rating of “Hold” from the twelve ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $69.29.

A number of research analysts recently commented on the company. Zacks Research upgraded Knife River from a “strong sell” rating to a “hold” rating in a report on Friday, October 9th. Citigroup downgraded Knife River to a “cautious” rating in a research report on Wednesday, September 9th. JPMorgan Chase & Co. decreased their price target on Knife River from $73.00 to $63.00 and set an “underweight” rating on the stock in a research note on Tuesday, October 13th. Stephens set a $80.00 price target on Knife River in a report on Wednesday, August 5th. Finally, Oppenheimer lowered their price target on Knife River from $90.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday, September 24th.

Read Our Latest Report on Knife River

Hedge Funds Weigh In On Knife River

Several large investors have recently made changes to their positions in KNF. Dimensional Fund Advisors LP grew its stake in shares of Knife River by 5.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,464,690 shares of the company’s stock valued at $119,579,000 after buying an additional 73,028 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Knife River by 19.0% during the first quarter. Bank of America Corp DE now owns 392,534 shares of the company’s stock worth $32,050,000 after purchasing an additional 62,592 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Knife River in the second quarter valued at approximately $21,242,000. Gabelli Funds LLC grew its holdings in shares of Knife River by 8.8% in the first quarter. Gabelli Funds LLC now owns 123,530 shares of the company’s stock valued at $10,086,000 after purchasing an additional 9,990 shares in the last quarter. Finally, Swiss National Bank grew its holdings in shares of Knife River by 0.4% in the first quarter. Swiss National Bank now owns 112,098 shares of the company’s stock valued at $9,153,000 after purchasing an additional 400 shares in the last quarter. 80.11% of the stock is currently owned by institutional investors and hedge funds.

Knife River Trading Up 1.0%

Shares of KNF stock opened at $58.07 on Thursday. The company’s 50-day moving average price is $55.57 and its 200-day moving average price is $73.97. The company has a current ratio of 2.66, a quick ratio of 1.60 and a debt-to-equity ratio of 1.00. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 1.26 and a beta of 0.46. Knife River has a twelve month low of $47.79 and a twelve month high of $96.28.

Knife River (NYSE:KNF – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.36). Knife River had a return on equity of 8.73% and a net margin of 4.23%. The firm had revenue of $938.59 million for the quarter, compared to analysts’ expectations of $931.39 million. During the same period last year, the firm earned $0.89 earnings per share. Knife River’s revenue for the quarter was up 12.6% on a year-over-year basis. As a group, equities analysts predict that Knife River will post 2.55 earnings per share for the current year.

Knife River Company Profile

(Get Free Report)

Knife River Corporation is a construction materials and contracting company headquartered in Bismarck, North Dakota. The company produces and sells construction aggregates, asphalt, ready-mix concrete and cement, and also provides related construction services for transportation, commercial, residential and industrial projects.

Its operations include aggregate mining and processing, asphalt and concrete production, paving, site development and other heavy-construction activities. Knife River serves public-sector and private-sector customers, including state and local governments, contractors, commercial developers and industrial businesses.

Knife River became an independent publicly traded company in 2023 after being spun off from MDU Resources Group.