JP Morgan has initiated coverage on Knife River Corp (KNF) with a Neutral rating, effective December 3, 2025. This marks the firm's first assessment of the company, which operates in the construction industry and is headquartered in Bismarck, North Dakota.
Knife River Corp mines and markets aggregates, including crushed stone, sand, and gravel. The company employs 4,761 full-time workers and operates across 14 states with a network of 182 active aggregate sites, 106 ready-mix plants, and 51 asphalt plants.
As of November 20, 2025, Knife River holds a market capitalization of $3.9 billion and a trailing twelve-month price-to-earnings ratio of 26.40. The company reported an EPS of $2.60 for the same period. Upcoming earnings are scheduled for August 3, 2026, with an estimated EPS of $1.10 and projected revenue of $898.4 million.
Analyst ratings, such as this one from JP Morgan, provide insights based on research and financial models. However, they should be considered alongside company fundamentals and market conditions, rather than as standalone investment advice. Analyst opinions can evolve as new information emerges, reflecting changing perspectives on the company's performance and outlook.