How to Buy Knife River Stock
Knife River Corp
Knife River is a building material company located in North Dakota, United States, which is part of the Basic Materials sector, and is traded under the ticker KNF on the NYSE exchange.
Knife River stock last closed at $105.73, up 2.84% from the previous day, and has increased 69.06% in one year. It has overperformed other stocks in the Building Materials industry by 0.29 percentage points. Knife River stock is currently +71.92% from its 52-week low of $61.50, and -1.85% from its 52-week high of $107.72.
At the moment, there are 56.61M KNF shares outstanding. The market cap of KNF is $5.99B. In the past 24 hours, 784,313 KNF shares were traded.
How to Buy Knife River Stock
Wondering how to invest in Knife River stock? Here's how.
- Choose where to buy Knife River stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Knife River stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your information.
- Research Knife River stock: The Knife River ticker symbol is KNF. Is Knife River stock a good investment? Should you buy shares of KNF? How do KNF's underlying business fundamentals look? Do top analysts think Knife River is a good buy? Why has KNF's stock price moved recently? (Hint: Our stock research website can help you understand if KNF is a good stock to buy).
- Place your KNF buy order: Decide if you will purchase KNF shares at the current market price or use a limit order to buy KNF stock at a particular price.
- Keep tabs on your investment in KNF: Create a watchlist to get live updates on your new investment in Knife River stock.
Step 1: Choose where to buy Knife River stock
You will need an online brokerage account in order to access the NYSE market and buy KNF shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you can invest in KNF today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on stock market apps, you need to deposit funds:
Watch this video walkthrough if you need help transferring money into your new investment account.
Step 4: Research Knife River stock
After you have chosen the best place to buy Knife River stock, it's absolutely critical to research their stock before you buy, so you can comprehend the risk as well as the opportunity.
Knife River shares at a glance
KNF Due Diligence Checks
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on KNF's stock page.
Is KNF stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge KNF's fair value.
Using relative valuations metrics:
- KNF may be overvalued based on its P/E ratio of 30.04x, relative to Building Materials industry P/E ratio of 26.22x
- KNF could be overvalued based on its P/B ratio of 4.13x, relative to Building Materials industry P/B ratio of 3.15x
You can access additional valuation analysis on KNF's stock here.
How do KNF Financials look?
Positive Financial Indicators:
- KNF profit margin has gone up from 6.6% to 6.9% in the past year.
- There are more short-term assets than short-term liabilities on the KNF balance sheet.
- KNF earnings of $320.60M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the KNF balance sheet.
- KNF's operating cash flow of $332.69M allows it to safely service it's debt of $725.89M.
Negative Financial Indicators:
- KNF has a relatively high debt to equity ratio of 0.99.
Do Wall Street analysts think it's a good time to buy KNF stock
Out of 4 Wall Street analysts who monitor KNF, the consensus analyst rating on Knife River is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Knife River stock forecast page.
Metrics for Advanced KNF Traders
KNF Growth Numbers
Last year, KNF earnings were $199.11M. During the past one years, KNF's earnings have gone up by 11.04% per year. This was slower than the Building Materials industry average of 16.99%.
Last year, KNF revenue was $2.89B. In the past one years, KNF's revenue has grown by 6.16% per year. This was faster than the Building Materials industry average of 5.65%.
Learn more about KNF's earnings and revenue performance here.
Are KNF executives and large shareholders buying or selling the stock?
In the last year, insiders at KNF have sold more shares than they have bought.
German Carmonaalvarez, Director of KNF, was the latest KNF insider to buy. They bought $55,576.80 worth of KNF shares on May 15, 2024.
Get more info about who owns KNF stock here.
Does KNF stock generate passive income?
No, Knife River doesn't provide an income stream by paying out dividends.
What do other investors have to say about KNF?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your KNF buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open button and eToro will place the order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in KNF
Now that you own some shares in KNF, you'll want to keep up with your new investment.
Start a watchlist to keep tabs on your KNF stock.
KNF Feed
How to Buy Stock in Knife River
To reiterate, here are the 6 steps you need to take to buy Knife River stock right now:
- Choose where to buy Knife River stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Knife River stock
- Place your KNF buy order
- Keep tabs on your investment in KNF
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Knife River, add KNF to your watchlist below.
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