Knife River Corporation (KNF)

Knife River Corp.'s stock experienced several notable events between April and October 2025. On August 5, 2025, the company reported its second-quarter 2025 financial results, with EPS of $0.89, missing analysts' estimates of $1.27, despite a 3.3% year-over-year increase in revenue. Throughout October 2025, the stock saw downward adjustments and new lows, with Oppenheimer and DA Davidson lowering their price targets. The stock hit a new 12-month low on October 6, 2025. Wells Fargo & Company initiated coverage with a "cautious" rating on October 7, 2025, and Weiss Ratings reaffirmed a "hold (c)" rating on October 8, 2025. By October 22, 2025, shares reached a new 52-week low of $63.18, and on October 27, 2025, the stock fell by -0.764% to $62.37, marking nine consecutive days of decline. On October 28, 2025, the stock hit a new 52-week low of $61.85. Analysts anticipate the company will report $2.45 EPS for its third quarter 2025 earnings, scheduled for release on November 4, 2025. Technical indicators suggest a bearish sentiment. Several institutional investors increased their positions in KNF during the first and second quarters of 2025.

Demand for Knife River Corp.'s products and services is subject to seasonality due to its ties to the construction industry. Construction activities are heavily influenced by weather conditions, with colder months and extreme weather events potentially delaying projects and impacting demand. Demand for new home construction often peaks in the spring. Peak construction seasons, typically spring and summer, see increased demand for both materials and skilled labor, which can lead to higher labor costs. Off-peak seasons may present opportunities for lower material costs and reduced competition for resources.

Knife River Corp. is an aggregates-led provider of construction materials and contracting services, operating in the Materials sector and Construction Materials industry. Its products include construction aggregates, asphalt, ready-mix concrete, liquid asphalt, cement, merchandise, and other building materials. The company also offers contracting services, including heavy-civil construction, asphalt and concrete paving, and site development and grading.

Knife River Corp. operates in 14 states across the western, central, and southern United States. The company's infrastructure includes 180 active aggregate sites, 102 ready-mix plants, and 56 asphalt plants. Knife River is headquartered in Bismarck, North Dakota.

In the past year, there have been no specific negative events reported that directly impacted Knife River Corp.'s brand reputation. The company is recognized as an aggregates-led, vertically integrated construction materials and contracting services provider and is a member of the S&P MidCap 400 index. Despite recent stock price declines and some cautious analyst ratings, the consensus among analysts remains a "Moderate Buy."

Institutional investors hold a significant portion of Knife River Corp.'s stock, ranging from approximately 79.09% to 96.24%. Major institutional owners include BlackRock Inc. and The Vanguard Group, Inc. Retail investors hold a smaller stake, estimated to be between 5.58% and 38.76% of the company's stock. Insider ownership is relatively low, typically under 1%, and insiders have reportedly sold more shares than they have bought.