Knife River Corporation provides aggregates-based construction materials and contracting services in the United States. It operates through six segments: Pacific, Northwest, Mountain, North Central, South, and Energy Services. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete, as well as provides contracting services to support the aggregate-based product lines, including heavy-civil construction, asphalt and concrete paving, and site development and grading. It serves federal, state, and municipal governments for various projects, such as highways, bridges, airports, schools, public buildings, and other public-infrastructure projects. The company was founded in 1917 and is based in Bismarck, North Dakota.
Company profile
Ticker
KNF
Exchange
Website
CEO
Mr. Brian R. Gray
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Quest Diagnostics • Fortrea • GRAIL • Akumin • Douglas Elliman • Guardant Health • Exact Sciences • Genomic Health • Invitae • Natera ...
Former names
Knife River Holding Co
SEC CIK
Corporate docs
Subsidiaries
Alaska Basic Industries, Inc. • Ames Sand & Gravel, Inc. • Anchorage Sand and Gravel Company, Inc. • ARC Fabricators, L.L.C. • Baldwin Contracting Company, Inc. • Central Oregon Redi-Mix, LLC • Concrete, Inc. • Connolly-Pacific Co. • D S S Company • E & ER Company ...
IRS number
921008893
KNF stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
21 Aug 24
10-Q
2024 Q2
Quarterly report
6 Aug 24
8-K
Knife River Corporation Reports Second Quarter Financial Results
6 Aug 24
8-K
Patricia Chiodo Appointed to Knife River Corporation Board of Directors
27 Jun 24
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
Knife River Corporation Reports First Quarter Financial Results
7 May 24
ARS
2023 FY
Annual report to shareholders
29 Mar 24
DEFA14A
Additional proxy soliciting materials
29 Mar 24
DEF 14A
Definitive proxy
29 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
Latest ownership filings
4
Karen B Fagg
1 Oct 24
4
Patricia Chiodo
28 Jun 24
4
Karen B Fagg
28 Jun 24
3
Patricia Chiodo
27 Jun 24
11-K
Annual report of employee stock purchases
11 Jun 24
4
WILLIAM J SANDBROOK
16 May 24
4
PATRICIA L MOSS
16 May 24
4
Thomas W. Hill
16 May 24
4
Karen B Fagg
16 May 24
4
German Carmona-Alvarez
16 May 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 57.17 mm | 57.17 mm | 57.17 mm | 57.17 mm | 57.17 mm | 57.17 mm |
Cash burn (monthly) | 37.83 mm | 943.33 k | (no burn) | (no burn) | 15.52 mm | (no burn) |
Cash used (since last report) | 142.05 mm | 3.54 mm | n/a | n/a | 58.29 mm | n/a |
Cash remaining | -84.88 mm | 53.63 mm | n/a | n/a | -1.12 mm | n/a |
Runway (months of cash) | -2.2 | 56.8 | n/a | n/a | -0.1 | n/a |
Institutional ownership, Q2 2024
81.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 375 |
Opened positions | 56 |
Closed positions | 54 |
Increased positions | 114 |
Reduced positions | 128 |
13F shares | Current |
---|---|
Total value | 3.12 tn |
Total shares | 46.01 mm |
Total puts | 6.00 k |
Total calls | 88.00 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 6.86 mm | $481.33 bn |
Vanguard | 5.97 mm | $418.90 bn |
Barrow Hanley Mewhinney & Strauss | 2.06 mm | $144.78 bn |
STT State Street | 1.97 mm | $138.07 bn |
Dimensional Fund Advisors | 1.35 mm | $94.99 bn |
Geode Capital Management | 1.31 mm | $91.98 bn |
Gilder Gagnon Howe & Co | 1.19 mm | $83.34 bn |
GS The Goldman Sachs Group, Inc. | 1.02 mm | $71.84 bn |
59 North Capital Management | 973.76 k | $68.30 bn |
Silvercrest Asset Management | 817.70 k | $57.35 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Sep 24 | Karen B Fagg | Phantom Stock Common Stock | Grant | Acquire A | No | No | 89.215 | 197.556 | 17.62 k | 666.218 |
28 Jun 24 | Karen B Fagg | Phantom Stock Common Stock | Grant | Acquire A | No | No | 70.48 | 250.071 | 17.63 k | 468.662 |
27 Jun 24 | Chiodo Patricia | Common Stock | Grant | Acquire A | No | No | 0 | 1,962 | 0.00 | 1,962 |
15 May 24 | German Carmona-Alvarez | Common Stock | Grant | Acquire A | No | No | 77.19 | 720 | 55.58 k | 5,434 |
15 May 24 | German Carmona-Alvarez | Common Stock | Grant | Acquire A | No | No | 0 | 1,905 | 0.00 | 4,714 |