S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NYSE:KNOP

KNOT Offshore Partners Stock Forecast, Price & News

$16.44
+0.55 (+3.46%)
(As of 01/14/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.15
$16.58
50-Day Range
$12.73
$18.55
52-Week Range
$12.34
$20.34
Volume
445,440 shs
Average Volume
220,330 shs
Market Capitalization
$541.02 million
P/E Ratio
10.02
Dividend Yield
12.65%
Beta
1.23
30 days | 90 days | 365 days | Advanced Chart
Receive KNOP 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.


KNOT Offshore Partners logo

About KNOT Offshore Partners

KNOT Offshore Partners LP engages in the operation and acquisition of shuttle tankers under long-term charters. Its fleet consists of sixteen shuttle tankers, which are vessels designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. The company was founded on February 21, 2013 and is headquartered in Aberdeen, the United Kingdom.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
N/A
Employees
2,020
Year Founded
N/A

Sales & Book Value

Annual Sales
$279.22 million
Cash Flow
$4.79 per share
Book Value
$18.60 per share

Profitability

Net Income
$64.15 million
Pretax Margin
19.98%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$541.02 million
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/10 Dividend
10/27/2021
Dividend Payable
11/10/2021
Last Earnings
11/18/2021
Today
1/17/2022
Ex-Dividend for 2/10 Dividend
1/27/2022
Dividend Payable
2/10/2022
Next Earnings (Estimated)
3/09/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.96 out of 5 stars

Transportation Sector

91st out of 169 stocks

Water Transportation Industry

12th out of 25 stocks

Analyst Opinion: 2.0Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












KNOT Offshore Partners (NYSE:KNOP) Frequently Asked Questions

Is KNOT Offshore Partners a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KNOT Offshore Partners in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KNOT Offshore Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KNOP, but not buy additional shares or sell existing shares.
View analyst ratings for KNOT Offshore Partners
or view top-rated stocks.

How has KNOT Offshore Partners' stock price been impacted by Coronavirus?

KNOT Offshore Partners' stock was trading at $12.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KNOP shares have increased by 30.3% and is now trading at $16.44.
View which stocks have been most impacted by COVID-19
.

Are investors shorting KNOT Offshore Partners?

KNOT Offshore Partners saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 58,100 shares, a decrease of 38.5% from the December 15th total of 94,500 shares. Based on an average trading volume of 212,500 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company's stock are short sold.
View KNOT Offshore Partners' Short Interest
.

When is KNOT Offshore Partners' next earnings date?

KNOT Offshore Partners is scheduled to release its next quarterly earnings announcement on Wednesday, March 9th 2022.
View our earnings forecast for KNOT Offshore Partners
.

How were KNOT Offshore Partners' earnings last quarter?

KNOT Offshore Partners LP (NYSE:KNOP) announced its quarterly earnings data on Thursday, November, 18th. The shipping company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.64 by $0.23. The shipping company earned $66.58 million during the quarter, compared to the consensus estimate of $70.80 million. KNOT Offshore Partners had a trailing twelve-month return on equity of 14.64% and a net margin of 19.85%. During the same quarter in the prior year, the firm posted $0.77 earnings per share.
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 Thursday, January 13th. Stockholders of record on Friday, January 28th will be given a dividend of $0.52 per share on Thursday, February 10th. This represents a $2.08 dividend on an annualized basis and a yield of 12.65%. The ex-dividend date is Thursday, January 27th.
View KNOT Offshore Partners' dividend history
.

Is KNOT Offshore Partners a good dividend stock?

KNOT Offshore Partners pays an annual dividend of $2.08 per share and currently has a dividend yield of 12.65%. KNOP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of KNOT Offshore Partners is 126.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, KNOT Offshore Partners will have a dividend payout ratio of 103.48% in the coming year. This indicates that KNOT Offshore Partners may not be able to sustain their current dividend.
View KNOT Offshore Partners' dividend history.

What price target have analysts set for KNOP?

2 brokerages have issued 12 month price targets for KNOT Offshore Partners' shares. Their forecasts range from $17.00 to $22.00. On average, they anticipate KNOT Offshore Partners' stock price to reach $19.50 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
View analysts' price targets for KNOT Offshore Partners
or view top-rated stocks among Wall Street analysts.

Who are KNOT Offshore Partners' key executives?

KNOT Offshore Partners' management team includes the following people:
  • Gary Ivan Chapman, Chief Executive & Financial Officer

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."

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 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 $16.44.

How much money does KNOT Offshore Partners make?

KNOT Offshore Partners has a market capitalization of $541.02 million and generates $279.22 million in revenue each year. The shipping company earns $64.15 million in net income (profit) each year or $1.64 on an earnings per share basis.

How many employees does KNOT Offshore Partners have?

KNOT Offshore Partners employs 2,020 workers across the globe.

What is KNOT Offshore Partners' official website?

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

Where are KNOT Offshore Partners' headquarters?

KNOT Offshore Partners is headquartered at 2 QUEEN`S CROSS, ABERDEEN X0, AB15 4YB.

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 441224618420, via email at [email protected], or via fax at 44-12-2462-4891.


This page was last updated on 1/17/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.