Knife River Corporation (KNF)

Knife River Corp.'s stock price has fluctuated, decreasing by 9.97% over the last 12 months but showing a year-to-date return of 17.62% and a 1.64% increase in the past month as of April 8, 2026. The company has been actively expanding through acquisitions, including Morgan Asphalt, Donaldson Brothers Ready Mix, and Texcrete Operations LLC. Knife River reported its fourth-quarter and full-year 2025 financial results on February 17, 2026, beating analysts' quarterly estimates. As of April 12, 2026, analysts have given Knife River Corporation a consensus rating of "Moderate Buy."

The demand for Knife River Corp.'s products and services is subject to seasonality, particularly in its northern markets, with construction activities being more robust during warmer months. The acquisition of Texcrete in Texas was partly aimed at balancing this seasonality, as the Texas market may offer more consistent demand throughout the year compared to its northern operations.

Knife River Corp. is an aggregates-led construction materials and contracting services company operating in the basic materials sector. It is vertically integrated, focusing on mining aggregates and producing construction materials such as ready-mix concrete, asphalt, and liquid asphalt. The company provides contracting services, including asphalt paving, concrete construction, and heavy-civil construction for public and private projects.

Knife River Corp. operates in 15 states across the United States through four reportable segments: West, Mountain, Central, and Energy Services. The West segment includes operations in Alaska, California, Hawaii, Oregon, and Washington. The Mountain segment covers Idaho, Montana, and Wyoming. The Central segment encompasses Iowa, Minnesota, North Dakota, South Dakota, and Texas. The Energy Services segment operates in California, Iowa, Nebraska, Oregon, South Dakota, Texas, Washington, and Wyoming. The company has a significant presence with 188 aggregate sites, 101 ready-mix plants, 56 asphalt plants, and 9 liquid asphalt terminals.

Knife River Corp. emphasizes a "people-first" approach, prioritizing its employees, customers, and communities through integrity, safety, quality, and environmental stewardship. Recent strategic acquisitions demonstrate a commitment to growth and market expansion. The generally positive analyst ratings reflect a favorable view of the company's prospects. There have been no widely reported events in the past year that have significantly negatively impacted Knife River Corp.'s brand reputation, although one analyst did issue a "Sell" rating.

Institutional investors hold a substantial portion of Knife River Corp.'s stock, with approximately 80.11% to 91.13% of the company's shares owned by institutions. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Price T Rowe Associates Inc, Baillie Gifford & Co, and State Street Corp. Insiders own a small percentage, typically under 1%, while public companies and individual investors hold the remaining shares.