NYSE:KNOP KNOT Offshore Partners (KNOP) Stock Forecast, Price & News $6.42 -0.43 (-6.28%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$6.36▼$6.8850-Day Range$4.89▼$6.8852-Week Range$4.28▼$15.89Volume472,714 shsAverage Volume198,642 shsMarket Capitalization$218.54 millionP/E RatioN/ADividend Yield1.56%Price Target$15.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media KNOT Offshore Partners MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside141.4% Upside$15.50 Price TargetShort InterestHealthy1.21% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.74Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth2,100.00%From $0.01 to $0.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.71 out of 5 starsTransportation Sector45th out of 112 stocksWater Transportation Industry8th out of 17 stocks 3.5 Analyst's Opinion Consensus RatingKNOT Offshore Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.50, KNOT Offshore Partners has a forecasted upside of 141.4% from its current price of $6.42.Amount of Analyst CoverageKNOT Offshore Partners has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.21% of the float of KNOT Offshore Partners has been sold short.Short Interest Ratio / Days to CoverKNOT Offshore Partners has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in KNOT Offshore Partners has recently decreased by 2.26%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldKNOT Offshore Partners pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKNOT Offshore Partners does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, KNOT Offshore Partners will have a dividend payout ratio of 45.45% next year. This indicates that KNOT Offshore Partners will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KNOP. Previous Next 3.2 News and Social Media Coverage News SentimentKNOT Offshore Partners has a news sentiment score of 0.74. 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 WeekMarketBeat has tracked 2 news articles for KNOT Offshore Partners this week, compared to 1 article on an average week.Search Interest12 people have searched for KNOP on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.MarketBeat Follows13 people have added KNOT Offshore Partners to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KNOT Offshore Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 14.82% of the stock of KNOT Offshore Partners is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for KNOT Offshore Partners are expected to grow by 2,100.00% in the coming year, from $0.01 to $0.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KNOT Offshore Partners is -11.07, 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. SectorThe P/E ratio of KNOT Offshore Partners is -11.07, 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 RatioKNOT Offshore Partners has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About KNOT Offshore Partners (NYSE:KNOP) StockKNOT 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.Read More KNOP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KNOP Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comKNOT Offshore Partners (NYSE:KNOP) Stock Price Crosses Above 50 Day Moving Average of $5.65September 11, 2023 | seekingalpha.comKnot Offshore Partners files for mixed shelfSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 8, 2023 | finance.yahoo.comA Cold Hand Heats Up With This Under-the-Radar StockSeptember 1, 2023 | finance.yahoo.comKNOT Offshore Partners LP (NYSE:KNOP) Q2 2023 Earnings Call TranscriptAugust 30, 2023 | finance.yahoo.comKNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended June 30, 2023August 4, 2023 | finance.yahoo.comKNOT Offshore Partners LP Announces Appointment of New CEO/CFOJuly 24, 2023 | money.usnews.comKNOT Offshore Partners LP - UnitSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."July 20, 2023 | finance.yahoo.comKNOT Offshore Partners LP Announces Second Quarter 2023 Earnings Results Conference CallJuly 13, 2023 | finance.yahoo.comKNOT Offshore Partners LP Announces Second Quarter 2023 Cash DistributionMay 30, 2023 | msn.comKNOT Offshore raised to Buy at Alliance after solid Q1, closed charter windowsMay 30, 2023 | msn.comAlliance Global Partners Upgrades KNOT Offshore Partners LP - Unit (KNOP)May 29, 2023 | finance.yahoo.comKNOT Offshore Partners LP (NYSE:KNOP) Q1 2023 Earnings Call TranscriptMay 27, 2023 | fool.comKnot Offshore Partners (NYSE: KNOP)May 25, 2023 | msn.comRecap: KNOT Offshore Partners Q1 EarningsMay 25, 2023 | finance.yahoo.comKNOT Offshore Partners LP Earnings Release— Interim Results for the Period Ended March 31, 2023April 20, 2023 | finance.yahoo.comKNOT Offshore Partners LP Announces First Quarter 2023 Earnings Results Conference CallApril 15, 2023 | msn.comKNOT Offshore Partners (KNOP) Declares $0.03 DividendApril 13, 2023 | finance.yahoo.comKNOT Offshore Partners LP Announces First Quarter 2023 Cash DistributionApril 10, 2023 | seekingalpha.comKNOT Offshore Partners CEO/CFO Chapman stepping downApril 10, 2023 | finance.yahoo.comKNOT Offshore Partners LP Announces CEO/CFO Stepping DownApril 5, 2023 | finance.yahoo.comKNOT Offshore Partners LP Announces Change to its Board of DirectorsMarch 30, 2023 | businesswire.comKNOT Offshore Partners LP Announces Availability Of Its Form 20-F for the Year Ended December 31, 2022March 20, 2023 | finance.yahoo.comKNOT Offshore Partners LP (NYSE:KNOP) Q4 2022 Earnings Call TranscriptMarch 17, 2023 | seekingalpha.comKNOT Offshore Partners LP (KNOP) Q4 2022 Earnings Call TranscriptMarch 14, 2023 | msn.comA Preview Of KNOT Offshore Partners's EarningsSee More Headlines Receive KNOP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for KNOT Offshore Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address KNOP Company Calendar Ex-Dividend for 8/10 Dividend7/26/2023Dividend Payable8/10/2023Last Earnings8/30/2023Today9/27/2023Next Earnings (Estimated)12/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Water transportation Sub-IndustryN/A SectorTransportation Current SymbolNYSE:KNOP CUSIPN/A CIK1564180 Webwww.knotoffshorepartners.com Phone441224618420Fax44-12-2462-4891Employees1Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.50 High Stock Price Forecast$16.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+141.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.58) Trailing P/E RatioN/A Forward P/E Ratio642.00 P/E GrowthN/ANet Income$57.72 million Net Margins-6.92% Pretax Margin-6.82% Return on Equity5.36% Return on Assets1.75% Debt Debt-to-Equity Ratio1.58 Current Ratio0.43 Quick Ratio0.42 Sales & Book Value Annual Sales$268.58 million Price / Sales0.81 Cash Flow$4.65 per share Price / Cash Flow1.38 Book Value$16.72 per share Price / Book0.38Miscellaneous Outstanding Shares34,040,000Free FloatN/AMarket Cap$218.54 million OptionableOptionable Beta0.84 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Derek LoweCEO & CFOJohn Einar DalsvagVP of Chartering & Bus. Devel.Key CompetitorsDynagas LNG PartnersNYSE:DLNGOdyssey Marine ExplorationNASDAQ:OMEXCoolNYSE:CLCONordic American TankersNYSE:NATDasekeNASDAQ:DSKEView All CompetitorsInstitutional OwnershipWolverine Trading LLCSold 32,400 shares on 8/23/2023Ownership: 0.000%Walleye Capital LLCSold 16,114 shares on 8/15/2023Ownership: 0.112%Citadel Advisors LLCSold 28,800 shares on 8/15/2023Ownership: 0.000%Wells Fargo & Company MNSold 3,694 shares on 8/15/2023Ownership: 0.034%Arrow Investment Advisors LLCBought 6,075 shares on 8/14/2023Ownership: 0.080%View All Institutional Transactions KNOP Stock - Frequently Asked Questions Should I buy or sell KNOT Offshore Partners stock right now? 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. What is KNOT Offshore Partners' stock price forecast for 2023? 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. How have KNOP shares performed in 2023? 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. When is KNOT Offshore Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023. View our KNOP earnings forecast. How were KNOT Offshore Partners' earnings last quarter? 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%. 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 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. 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 1.53%. 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). What is KNOT Offshore Partners' stock symbol? KNOT Offshore Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "KNOP." Who are KNOT Offshore Partners' major shareholders? 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%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is KNOT Offshore Partners' stock price today? One share of KNOP stock can currently be purchased for approximately $6.42. How much money does KNOT Offshore Partners make? 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. How can I contact KNOT Offshore Partners? 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. This page (NYSE:KNOP) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding KNOT Offshore Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. 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