KNOT Offshore Partners (KNOP) Expected to Announce Quarterly Earnings on Wednesday

KNOT Offshore Partners (NYSE:KNOP - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Wednesday, May 21st. Analysts expect KNOT Offshore Partners to post 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 results on Wednesday, March 19th. The shipping company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.51. KNOT Offshore Partners had a negative net margin of 4.82% and a negative return on equity of 0.29%. The firm had revenue of $91.26 million during the quarter, compared to analysts' expectations of $76.50 million. 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 Trading Up 2.5%

Shares of KNOP stock traded up $0.16 during trading hours on Monday, reaching $6.69. 61,360 shares of the stock were exchanged, compared to its average volume of 91,588. KNOT Offshore Partners has a 12-month low of $5.28 and a 12-month high of $9.11. The company has a current ratio of 0.44, a quick ratio of 0.42 and a debt-to-equity ratio of 1.52. The company's 50-day moving average price is $6.43 and its 200-day moving average price is $5.99. The firm has a market capitalization of $229.45 million, a price-to-earnings ratio of -15.56 and a beta of -0.08.

KNOT Offshore Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 8th. Investors of record on Monday, April 28th were paid a dividend of $0.026 per share. The ex-dividend date was Monday, April 28th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.55%. KNOT Offshore Partners's dividend payout ratio is presently 24.39%.

Analysts Set New Price Targets

A number of equities analysts recently commented on KNOP shares. Fearnley Fonds raised shares of KNOT Offshore Partners to a "strong-buy" rating in a research note on Tuesday, April 1st. StockNews.com raised shares of KNOT Offshore Partners from a "hold" rating to a "buy" rating in a research note on Wednesday, March 26th.

About KNOT Offshore Partners

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.