KeyCorp Brokers Boost Earnings Estimates for Kimbell Royalty

Key Points

• KeyCorp has raised its Q2 2026 EPS estimates for Kimbell Royalty from $0.08 to $0.15, maintaining an "Overweight" rating with a price target of $17.00.
• The stock has recently been rated as a "hold" by various analysts, despite KeyCorp's positive outlook, leading to an average target price of $17.20.
• Kimbell Royalty has announced a dividend cut, with a recent quarterly dividend of $0.38 per share, reflecting a -3,800.00% payout ratio.

Kimbell Royalty (NYSE:KRP - Free Report) - Equities researchers at KeyCorp raised their Q2 2026 EPS estimates for shares of Kimbell Royalty in a research report issued on Tuesday, October 14th. KeyCorp analyst T. Rezvan now anticipates that the energy company will post earnings per share of $0.15 for the quarter, up from their prior forecast of $0.08. KeyCorp currently has a "Overweight" rating and a $17.00 price objective on the stock. The consensus estimate for Kimbell Royalty's current full-year earnings is $0.65 per share. KeyCorp also issued estimates for Kimbell Royalty's Q3 2026 earnings at $0.15 EPS, FY2026 earnings at $0.65 EPS, Q1 2027 earnings at $0.19 EPS, Q2 2027 earnings at $0.17 EPS, Q3 2027 earnings at $0.19 EPS and FY2027 earnings at $0.75 EPS.

Several other equities analysts also recently weighed in on the company. Wall Street Zen downgraded Kimbell Royalty from a "buy" rating to a "hold" rating in a research report on Sunday, September 28th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Kimbell Royalty in a research note on Wednesday, October 8th. Finally, Zacks Research cut shares of Kimbell Royalty from a "hold" rating to a "strong sell" rating in a research report on Monday, September 29th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $17.20.

Kimbell Royalty Trading Down 1.1%

Shares of KRP stock opened at $12.85 on Friday. The company has a market cap of $1.39 billion, a PE ratio of -321.25 and a beta of 0.45. Kimbell Royalty has a 1 year low of $10.98 and a 1 year high of $16.99. The stock's 50 day simple moving average is $13.68 and its two-hundred day simple moving average is $13.54. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.45 and a quick ratio of 5.45.

Kimbell Royalty (NYSE:KRP - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The energy company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.12). The business had revenue of $86.55 million during the quarter, compared to the consensus estimate of $79.77 million. Kimbell Royalty had a net margin of 10.67% and a return on equity of 12.56%. The firm's revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.11 EPS.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Wedbush Securities Inc. raised its stake in Kimbell Royalty by 1.7% in the second quarter. Wedbush Securities Inc. now owns 42,325 shares of the energy company's stock worth $591,000 after buying an additional 711 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in shares of Kimbell Royalty by 4.7% in the 2nd quarter. Apollon Wealth Management LLC now owns 19,863 shares of the energy company's stock valued at $277,000 after acquiring an additional 895 shares during the period. Ruggaard & Associates LLC raised its position in shares of Kimbell Royalty by 8.1% in the 2nd quarter. Ruggaard & Associates LLC now owns 12,740 shares of the energy company's stock worth $178,000 after acquiring an additional 950 shares in the last quarter. Teacher Retirement System of Texas raised its position in shares of Kimbell Royalty by 11.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 12,548 shares of the energy company's stock worth $175,000 after acquiring an additional 1,322 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of Kimbell Royalty by 2.8% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 59,387 shares of the energy company's stock worth $829,000 after purchasing an additional 1,600 shares during the last quarter. Hedge funds and other institutional investors own 25.78% of the company's stock.

Insider Buying and Selling

In other Kimbell Royalty news, insider Blayne Rhynsburger sold 3,600 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $13.74, for a total value of $49,464.00. Following the sale, the insider owned 43,663 shares in the company, valued at $599,929.62. This trade represents a 7.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.60% of the stock is owned by company insiders.

Kimbell Royalty Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Monday, August 18th were issued a dividend of $0.38 per share. The ex-dividend date was Monday, August 18th. This represents a $1.52 dividend on an annualized basis and a yield of 11.8%. Kimbell Royalty's payout ratio is presently -3,800.00%.

Kimbell Royalty Company Profile

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