KNOT Offshore Partners (NYSE:KNOP - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.14 per share and revenue of $79.74 million for the quarter.
KNOT Offshore Partners (NYSE:KNOP - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The shipping company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.51. The business had revenue of $91.26 million for the quarter, compared to the consensus estimate of $76.50 million. KNOT Offshore Partners had a negative return on equity of 0.29% and a negative net margin of 4.82%. On average, analysts expect KNOT Offshore Partners to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
KNOT Offshore Partners Stock Performance
Shares of KNOP stock traded down $0.06 during trading hours on Friday, hitting $6.55. The stock had a trading volume of 39,791 shares, compared to its average volume of 91,581. KNOT Offshore Partners has a twelve month low of $5.28 and a twelve month high of $9.11. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.44 and a quick ratio of 0.42. The firm has a market capitalization of $224.65 million, a PE ratio of -15.23 and a beta of -0.08. The stock's 50 day moving average is $6.41 and its 200 day moving average is $5.99.
KNOT Offshore Partners Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 8th. Shareholders of record on Monday, April 28th were given a dividend of $0.026 per share. The ex-dividend date of this dividend was Monday, April 28th. This represents a $0.10 dividend on an annualized basis and a yield of 1.59%. KNOT Offshore Partners's payout ratio is currently 24.39%.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. StockNews.com upgraded KNOT Offshore Partners from a "hold" rating to a "buy" rating in a research report on Wednesday, March 26th. Fearnley Fonds raised shares of KNOT Offshore Partners to a "strong-buy" rating in a research note on Tuesday, April 1st.
View Our Latest Stock Analysis on KNOP
KNOT Offshore Partners Company Profile
(
Get Free Report)
KNOT Offshore Partners LP acquires, owns, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, and discharge of crude oil under time charters and bareboat charters. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
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