Should I buy or sell KNOT Offshore Partners stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KNOT Offshore Partners in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KNOP shares. View KNOP analyst ratings or view top-rated stocks .

How have KNOP shares performed in 2024?

KNOT Offshore Partners' stock was trading at $5.76 at the start of the year. Since then, KNOP shares have decreased by 12.8% and is now trading at $5.02. View the best growth stocks for 2024 here .

Are investors shorting KNOT Offshore Partners?

KNOT Offshore Partners saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 28,300 shares, a decrease of 61.5% from the March 15th total of 73,500 shares. Based on an average daily trading volume, of 70,300 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company's shares are short sold. View KNOT Offshore Partners' Short Interest .

When is KNOT Offshore Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our KNOP earnings forecast .

How were KNOT Offshore Partners' earnings last quarter?

KNOT Offshore Partners LP (NYSE:KNOP) issued its quarterly earnings data on Monday, February, 26th. The shipping company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.23. The shipping company earned $73.03 million during the quarter, compared to the consensus estimate of $70.96 million. KNOT Offshore Partners had a positive trailing twelve-month return on equity of 2.86% and a negative net margin of 11.81%.

How often does KNOT Offshore Partners pay dividends? What is the dividend yield for KNOT Offshore Partners?

KNOT Offshore Partners announced a quarterly dividend on Tuesday, April 16th. Shareholders of record on Monday, April 29th will be given a dividend of $0.026 per share on Thursday, May 9th. This represents a $0.10 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Friday, April 26th. Read our dividend analysis for KNOP .

Is KNOT Offshore Partners a good dividend stock?

KNOT Offshore Partners (NYSE:KNOP) pays an annual dividend of $0.10 per share and currently has a dividend yield of 2.06%. Read our dividend analysis for KNOP .

What other stocks do shareholders of KNOT Offshore Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other KNOT Offshore Partners investors own include Conatus Pharmaceuticals (CNAT) , Energy Transfer (ET) , AT&T (T) , New Residential Investment (NRZ) , GasLog Partners (GLOP) , Golar LNG Partners (GMLP) , Enterprise Products Partners (EPD) , Ares Capital (ARCC) , Höegh LNG Partners (HMLP) and ONEOK (OKE) .

How do I buy shares of KNOT Offshore Partners?

Shares of KNOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:KNOP

KNOT Offshore Partners (KNOP) Stock Price, News & Analysis

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$5.02

+0.04 (+0.80%)

(As of 04/18/2024 ET)

Compare

Today's Range: $4.97
▼
$5.14
50-Day Range: $4.99
▼
$5.99
52-Week Range: $4.28
▼
$7.00

Volume: 94,672 shs
Average Volume: 73,560 shs
Market Capitalization: $170.88 million

P/E Ratio: N/A
Dividend Yield: 1.99%
Price Target: N/A

Get KNOT Offshore Partners alerts:

KNOT Offshore Partners MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.12% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.44
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.31) to $0.03 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.91 out of 5 stars

Transportation Sector

93rd out of 106 stocks

Water Transportation Industry

14th out of 16 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for KNOT Offshore Partners.

5.0

Short Interest

Percentage of Shares Shorted
0.12% of the float of KNOT Offshore Partners has been sold short.
Short Interest Ratio / Days to Cover
KNOT Offshore Partners has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in KNOT Offshore Partners has recently decreased by 61.50%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
KNOT Offshore Partners pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
KNOT Offshore Partners does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, KNOT Offshore Partners will have a dividend payout ratio of 333.33% in the coming year. This indicates that KNOT Offshore Partners may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KNOP.

1.9

News and Social Media Coverage

News Sentiment
KNOT Offshore Partners has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for KNOT Offshore Partners this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for KNOP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added KNOT Offshore Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, KNOT Offshore Partners insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 26.82% of the stock of KNOT Offshore Partners is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for KNOT Offshore Partners are expected to grow in the coming year, from ($0.31) to $0.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of KNOT Offshore Partners is -4.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of KNOT Offshore Partners is -4.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
KNOT Offshore Partners has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About KNOT Offshore Partners Stock (NYSE:KNOP)

KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, discharge, and storage of crude oil under time charters and bareboat charters. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.

KNOP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KNOP Stock News Headlines

April 16, 2024 | finance.yahoo.com

KNOT Offshore Partners LP Announces 1st Quarter 2024 Cash Distribution

April 16, 2024 | americanbankingnews.com

KNOT Offshore Partners (NYSE:KNOP) Shares Pass Below 200 Day Moving Average of $5.70

April 19, 2024 | InvestorPlace (Ad)

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April 11, 2024 | businesswire.com

KNOT Offshore Partners LP announces availability of its Form 20-F for the year ended December 31, 2023

March 16, 2024 | finance.yahoo.com

KNOP Apr 2024 7.500 put

February 29, 2024 | seekingalpha.com

KNOT Offshore Partners LP (KNOP) Q4 2023 Earnings Call Transcript

February 29, 2024 | seekingalpha.com

KNOT Offshore Partners: Some Progress But Outlook Just Got More Clouded

February 28, 2024 | finance.yahoo.com

KNOT Offshore Partners LP (NYSE:KNOP) Q4 2023 Earnings Call Transcript

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KNOT OFFSHORE PARTNERS LP

February 26, 2024 | msn.com

KNOT Offshore Partners reports Q4 results

February 26, 2024 | washingtonpost.com

Knot Offshore: Q4 Earnings Snapshot

February 26, 2024 | businesswire.com

Knot Offshore Partners LP Earnings Release—interim Results for the Period Ended December 31, 2023

February 26, 2024 | markets.businessinsider.com

Here's what Wall Street expects from KNOT Offshore Partners LP Partnership Interests's earnings

February 23, 2024 | benzinga.com

Earnings Preview For KNOT Offshore Partners

February 20, 2024 | finance.yahoo.com

KNOT Offshore (KNOP) to Report Q4 Earnings: What's in Store?

February 19, 2024 | finance.yahoo.com

KNOP Mar 2024 5.000 put

February 8, 2024 | benzinga.com

Managing Uncertainty and Investor Rewards: KNOT Offshore Partners Adjusts Dividends in Response to Performance Challenges

January 25, 2024 | finance.yahoo.com

KNOT Offshore Partners LP Announces Fourth Quarter 2023 Earnings Results Conference Call

January 16, 2024 | finance.yahoo.com

KNOT Offshore Partners LP Announces Fourth Quarter 2023 Cash Distribution

January 4, 2024 | finance.yahoo.com

Is KNOT Offshore Partners (KNOP) Stock Undervalued Right Now?

December 19, 2023 | finance.yahoo.com

5 Secret Santa Stocks to Pop Surprise Returns

December 19, 2023 | finance.yahoo.com

KNOT Offshore Partners LP (NYSE:KNOP) Q3 2023 Earnings Call Transcript

December 14, 2023 | investorplace.com

KNOP Stock Earnings: KNOT Offshore Partners Beats EPS, Misses Revenue for Q3 2023

December 13, 2023 | finance.yahoo.com

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended September 30, 2023

November 2, 2023 | finance.yahoo.com

Are Investors Undervaluing KNOT Offshore Partners (KNOP) Right Now?

October 30, 2023 | finance.yahoo.com

KNOT Offshore Partners LP Announces Third Quarter 2023 Earnings Results Conference Call

See More Headlines

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Company Calendar

Ex-Dividend for 2/8 Dividend: 1/26/2024
Dividend Payable: 2/08/2024
Last Earnings: 2/26/2024
Today: 4/18/2024
Ex-Dividend for 5/9 Dividend: 4/26/2024
Dividend Payable: 5/09/2024
Next Earnings (Estimated): 5/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Transportation
Industry: Water transportation
Sub-Industry: N/A
Current Symbol: NYSE:KNOP
CUSIP: N/A
CIK: 1564180
Web: www.knotoffshorepartners.com
Phone: 441224618420
Fax: 44-12-2462-4891
Employees: 1
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($1.02)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-33,570,000.00
Net Margins: -11.81%
Pretax Margin: -13.39%
Return on Equity: 2.86%
Return on Assets: 0.93%

Debt

Debt-to-Equity Ratio: 1.64
Current Ratio: 0.70
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: $290.72 million
Price / Sales: 0.59
Cash Flow: $3.75 per share
Price / Cash Flow: 1.34
Book Value: $15.37 per share
Price / Book: 0.33

Miscellaneous

Outstanding Shares: 34,040,000
Free Float: N/A
Market Cap: $170.88 million
Optionable: Optionable
Beta: 0.67

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Key Executives

Mr. Derek Lowe
CEO & CFO
John Einar Dalsvag
Vice President of Chartering & Business Development

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

KNOP Stock Analysis - Frequently Asked Questions

Should I buy or sell KNOT Offshore Partners stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KNOT Offshore Partners in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KNOP shares.
View KNOP analyst ratings or view top-rated stocks.
How have KNOP shares performed in 2024?: KNOT Offshore Partners' stock was trading at $5.76 at the start of the year. Since then, KNOP shares have decreased by 12.8% and is now trading at $5.02.
View the best growth stocks for 2024 here.
Are investors shorting KNOT Offshore Partners?: KNOT Offshore Partners saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 28,300 shares, a decrease of 61.5% from the March 15th total of 73,500 shares. Based on an average daily trading volume, of 70,300 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company's shares are short sold.
View KNOT Offshore Partners' Short Interest.
When is KNOT Offshore Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our KNOP earnings forecast.
How were KNOT Offshore Partners' earnings last quarter?: KNOT Offshore Partners LP (NYSE:KNOP) issued its quarterly earnings data on Monday, February, 26th. The shipping company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.23. The shipping company earned $73.03 million during the quarter, compared to the consensus estimate of $70.96 million. KNOT Offshore Partners had a positive trailing twelve-month return on equity of 2.86% and a negative net margin of 11.81%.

How often does KNOT Offshore Partners pay dividends? What is the dividend yield for KNOT Offshore Partners?: KNOT Offshore Partners announced a quarterly dividend on Tuesday, April 16th. Shareholders of record on Monday, April 29th will be given a dividend of $0.026 per share on Thursday, May 9th. This represents a $0.10 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Friday, April 26th.
Read our dividend analysis for KNOP.
Is KNOT Offshore Partners a good dividend stock?: KNOT Offshore Partners (NYSE:KNOP) pays an annual dividend of $0.10 per share and currently has a dividend yield of 2.06%.
Read our dividend analysis for KNOP.
What other stocks do shareholders of KNOT Offshore Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other KNOT Offshore Partners investors own include Conatus Pharmaceuticals (CNAT), Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), GasLog Partners (GLOP), Golar LNG Partners (GMLP), Enterprise Products Partners (EPD), Ares Capital (ARCC), Höegh LNG Partners (HMLP) and ONEOK (OKE).
How do I buy shares of KNOT Offshore Partners?: Shares of KNOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KNOP) was last updated on 4/19/2024 by MarketBeat.com Staff

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KNOT Offshore Partners (KNOP) Stock Price, News & Analysis

KNOT Offshore Partners MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About KNOT Offshore Partners Stock (NYSE:KNOP)

KNOP Stock Price History

KNOP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

KNOP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™