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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
NYSE:KNOP

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

$6.42
-0.43 (-6.28%)
(As of 09/26/2023 ET)
Compare
Today's Range
$6.36
$6.88
50-Day Range
$4.89
$6.88
52-Week Range
$4.28
$15.89
Volume
472,714 shs
Average Volume
198,642 shs
Market Capitalization
$218.54 million
P/E Ratio
N/A
Dividend Yield
1.56%
Price Target
$15.50

KNOT Offshore Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
141.4% Upside
$15.50 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of KNOT Offshore Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2,100.00%
From $0.01 to $0.22 Per Share

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 stars

Transportation Sector

45th out of 112 stocks

Water Transportation Industry

8th out of 17 stocks


KNOP stock logo

About KNOT Offshore Partners (NYSE:KNOP) Stock

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 Price History

KNOP Stock News Headlines

Knot Offshore Partners files for mixed shelf
The "Plug and Play" Model Putting Online Giants to Shame
While 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."
A Cold Hand Heats Up With This Under-the-Radar Stock
KNOT Offshore Partners LP - Unit
The "Plug and Play" Model Putting Online Giants to Shame
While 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."
Knot Offshore Partners (NYSE: KNOP)
KNOT Offshore Partners CEO/CFO Chapman stepping down
See More Headlines
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KNOP Company Calendar

Ex-Dividend for 8/10 Dividend
7/26/2023
Dividend Payable
8/10/2023
Last Earnings
8/30/2023
Today
9/27/2023
Next Earnings (Estimated)
12/05/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
N/A
Employees
1
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$57.72 million
Pretax Margin
-6.82%

Debt

Sales & Book Value

Annual Sales
$268.58 million
Cash Flow
$4.65 per share
Book Value
$16.72 per share

Miscellaneous

Free Float
N/A
Market Cap
$218.54 million
Optionable
Optionable
Beta
0.84
Beginner's Guide to Pot Stock Investing Cover

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Key Executives

  • Mr. Derek Lowe
    CEO & CFO
  • John Einar Dalsvag
    VP of Chartering & Bus. Devel.













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

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