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NYSE:KNOPKNOT Offshore Partners Stock Price, Forecast & News

$15.07
-0.09 (-0.59 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$14.87
Now: $15.07
$15.38
50-Day Range
$12.00
MA: $13.65
$15.47
52-Week Range
$8.67
Now: $15.07
$20.97
Volume104,100 shs
Average Volume226,713 shs
Market Capitalization$492.70 million
P/E Ratio12.35
Dividend Yield13.80%
Beta1.46
KNOT Offshore Partners LP owns and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, and storage of crude oil under time charters and bareboat charters. As of April 10, 2019, it had a fleet of 16 shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.84 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone44-12-2461-8420

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$282.56 million
Cash Flow$4.58 per share
Book Value$19.04 per share

Profitability

Net Income$58 million

Miscellaneous

Employees1
Market Cap$492.70 million
Next Earnings Date8/26/2020 (Estimated)
OptionableOptionable

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KNOT Offshore Partners (NYSE:KNOP) Frequently Asked Questions

How has KNOT Offshore Partners' stock been impacted by COVID-19 (Coronavirus)?

KNOT Offshore Partners' stock was trading at $12.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KNOP shares have increased by 19.4% and is now trading at $15.07. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of KNOT Offshore Partners?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KNOT Offshore Partners in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for KNOT Offshore Partners.

When is KNOT Offshore Partners' next earnings date?

KNOT Offshore Partners is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for KNOT Offshore Partners.

How were KNOT Offshore Partners' earnings last quarter?

KNOT Offshore Partners LP (NYSE:KNOP) issued its quarterly earnings results on Wednesday, May, 27th. The shipping company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.70. The shipping company earned $67.82 million during the quarter. KNOT Offshore Partners had a return on equity of 6.49% and a net margin of 14.28%. View KNOT Offshore Partners' earnings history.

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 7th. Investors of record on Friday, May 1st will be paid a dividend of $0.52 per share on Thursday, May 14th. This represents a $2.08 dividend on an annualized basis and a yield of 13.80%. The ex-dividend date is Thursday, April 30th. View KNOT Offshore Partners' dividend history.

What price target have analysts set for KNOP?

2 analysts have issued 1 year price objectives for KNOT Offshore Partners' shares. Their forecasts range from $16.00 to $24.00. On average, they anticipate KNOT Offshore Partners' stock price to reach $20.00 in the next year. This suggests a possible upside of 32.7% from the stock's current price. View analysts' price targets for KNOT Offshore Partners.

Has KNOT Offshore Partners been receiving favorable news coverage?

News headlines about KNOP stock have been trending somewhat negative on Wednesday, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KNOT Offshore Partners earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutKNOT Offshore Partners.

Are investors shorting KNOT Offshore Partners?

KNOT Offshore Partners saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 150,100 shares, a decline of 12.7% from the April 30th total of 172,000 shares. Based on an average trading volume of 284,900 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the company's stock are short sold. View KNOT Offshore Partners' Current Options Chain.

Who are some of KNOT Offshore Partners' key competitors?

What other stocks do shareholders of KNOT Offshore Partners own?

Who are KNOT Offshore Partners' key executives?

KNOT Offshore Partners' management team includes the following people:
  • Mr. John A. Costain, CEO & CFO (Age 55)

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 a number of institutional and retail investors. Top institutional investors include Invesco Ltd. (5.47%), Tortoise Capital Advisors L.L.C. (4.56%), Kayne Anderson Capital Advisors LP (4.15%), HighTower Advisors LLC (1.56%), Morgan Stanley (1.31%) and Morgan Stanley (1.31%).

Which institutional investors are selling KNOT Offshore Partners stock?

KNOP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, Eagle Global Advisors LLC, Invesco Ltd., Morgan Stanley, Morgan Stanley, First Trust Advisors LP, and UBS Group AG.

Which institutional investors are buying KNOT Offshore Partners stock?

KNOP stock was bought by a variety of institutional investors in the last quarter, including HighTower Advisors LLC, Deutsche Bank AG, Jane Street Group LLC, Engineers Gate Manager LP, BlackRock Inc., AE Wealth Management LLC, Wiley BROS. Aintree Capital LLC, and Advisor Group Holdings Inc..

How do I buy shares of KNOT Offshore Partners?

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

What is KNOT Offshore Partners' stock price today?

One share of KNOP stock can currently be purchased for approximately $15.07.

How big of a company is KNOT Offshore Partners?

KNOT Offshore Partners has a market capitalization of $492.70 million and generates $282.56 million in revenue each year. KNOT Offshore Partners employs 1 workers across the globe.

What is KNOT Offshore Partners' official website?

The official website for KNOT Offshore Partners is www.knotoffshorepartners.com.

How can I contact KNOT Offshore Partners?

KNOT Offshore Partners' mailing address is 2 QUEEN`S CROSS, ABERDEEN X0, AB15 4YB. The shipping company can be reached via phone at 44-12-2461-8420 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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