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NYSE:KNOPKNOT Offshore Partners Stock Price, Forecast & News

$14.08
+0.29 (+2.10 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$13.39
Now: $14.08
$14.17
50-Day Range
$9.26
MA: $12.69
$14.29
52-Week Range
$8.67
Now: $14.08
$20.97
Volume145,638 shs
Average Volume195,150 shs
Market Capitalization$460.28 million
P/E Ratio7.82
Dividend Yield14.77%
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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KNOT Offshore Partners logo

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$4.60 per share
Book Value$19.04 per share

Profitability

Net Income$58 million

Miscellaneous

Employees1
Market Cap$460.28 million
Next Earnings Date5/28/2020 (Confirmed)
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 COVID-19 reached pandemic status according to the World Health Organization. Since then, KNOP shares have increased by 11.6% and is now trading at $14.08. 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 Thursday, May 28th 2020. View our earnings forecast for KNOT Offshore Partners.

How can I listen to KNOT Offshore Partners' earnings call?

KNOT Offshore Partners will be holding an earnings conference call on Thursday, May 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were KNOT Offshore Partners' earnings last quarter?

KNOT Offshore Partners LP (NYSE:KNOP) released its earnings results on Wednesday, March, 11th. The shipping company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.21. The shipping company had revenue of $70.08 million for the quarter. KNOT Offshore Partners had a return on equity of 9.43% and a net margin of 20.86%. 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 declared a quarterly dividend on Tuesday, April 7th. Stockholders 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 annualized dividend and a dividend yield of 14.77%. The ex-dividend date is Thursday, April 30th. 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 $21.00 to $24.00. On average, they anticipate KNOT Offshore Partners' share price to reach $22.50 in the next twelve months. This suggests a possible upside of 59.8% from the stock's current price. View analysts' price targets for KNOT Offshore Partners.

Has KNOT Offshore Partners been receiving favorable news coverage?

News stories about KNOP stock have trended extremely negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KNOT Offshore Partners earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutKNOT Offshore Partners.

Are investors shorting KNOT Offshore Partners?

KNOT Offshore Partners saw a decrease in short interest in May. As of May 15th, there was short interest totaling 150,100 shares, a decrease of 12.7% from the April 30th total of 172,000 shares. Based on an average daily volume of 284,900 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the shares of the company are sold short. 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 retail and institutional investors. Top institutional shareholders 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 First Trust Advisors LP (0.98%).

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, First Trust Advisors LP, UBS Group AG, and Naples Global Advisors LLC.

Which institutional investors are buying KNOT Offshore Partners stock?

KNOP stock was acquired 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 $14.08.

How big of a company is KNOT Offshore Partners?

KNOT Offshore Partners has a market capitalization of $460.28 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 5/24/2020 by MarketBeat.com Staff

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