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

1 Wall Street 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 analysts is that investors should "buy" KNOP shares.
View KNOP analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1 year target prices for KNOT Offshore Partners' shares. Their KNOP share price forecasts range from $15.00 to $16.00. On average, they anticipate the company's stock price to reach $15.50 in the next year. This suggests a possible upside of 141.4% from the stock's current price.
View analysts price targets for KNOP or view top-rated stocks among Wall Street analysts.

KNOT Offshore Partners' stock was trading at $9.63 at the start of the year. Since then, KNOP stock has decreased by 33.3% and is now trading at $6.42.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our KNOP earnings forecast.

KNOT Offshore Partners LP (NYSE:KNOP) announced its quarterly earnings data on Wednesday, August, 30th. The shipping company reported $0.27 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.31. The shipping company earned $73.82 million during the quarter, compared to analysts' expectations of $71.79 million. KNOT Offshore Partners had a negative net margin of 6.92% and a positive trailing twelve-month return on equity of 5.36%.

KNOT Offshore Partners announced a quarterly dividend on Thursday, July 13th. Stockholders of record on Thursday, July 27th will be given a dividend of $0.026 per share on Thursday, August 10th. This represents a $0.10 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend is Wednesday, July 26th.
Read our dividend analysis for KNOP.

KNOT Offshore Partners (NYSE:KNOP) pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.53%.
Read our dividend analysis for KNOP.

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).

KNOT Offshore Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "KNOP."

KNOT Offshore Partners' stock is owned by many different institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.55%), 683 Capital Management LLC (2.94%), FNY Investment Advisers LLC (0.25%), Naples Global Advisors LLC (0.13%), Walleye Capital LLC (0.11%) and Arrow Investment Advisors LLC (0.08%).

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

One share of KNOP stock can currently be purchased for approximately $6.42.

KNOT Offshore Partners (NYSE:KNOP) has a market capitalization of $218.54 million and generates $268.58 million in revenue each year. The shipping company earns $57.72 million in net income (profit) each year or ($0.58) on an earnings per share basis.

KNOT Offshore Partners' mailing address is 2 QUEEN`S CROSS, ABERDEEN X0, AB15 4YB. The official website for the company is www.knotoffshorepartners.com. The shipping company can be reached via phone at 441224618420, via email at ir@knotoffshorepartners.com, or via fax at 44-12-2462-4891.