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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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NYSE:KNOP

KNOT Offshore Partners Stock Forecast, Price & News

$17.43
-0.26 (-1.47 %)
(As of 01/20/2021 12:00 AM ET)
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Today's Range
$17.23
Now: $17.43
$17.59
50-Day Range
$14.65
MA: $15.66
$17.80
52-Week Range
$8.67
Now: $17.43
$20.92
Volume172,603 shs
Average Volume135,201 shs
Market Capitalization$569.79 million
P/E Ratio8.85
Dividend Yield11.76%
Beta1.28
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 March 19, 2020, it had a fleet of sixteen shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
KNOT Offshore Partners logo

MarketRank

Overall MarketRank

1.93 out of 5 stars

Transportation Sector

20th out of 238 stocks

Water Transportation Industry

4th out of 29 stocks

Analyst Opinion: 1.0Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
CUSIPN/A
Phone44-12-2461-8420
Employees1

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$282.56 million
Cash Flow$4.65 per share
Book Value$19.04 per share

Profitability

Net Income$58 million

Miscellaneous

Market Cap$569.79 million
Next Earnings Date3/10/2021 (Estimated)
OptionableOptionable
$17.43
-0.26 (-1.47 %)
(As of 01/20/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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KNOT Offshore Partners (NYSE:KNOP) Frequently Asked Questions

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

KNOT Offshore Partners' stock was trading at $12.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KNOP shares have increased by 38.1% and is now trading at $17.43.
View which stocks have been most impacted by COVID-19
.

Is KNOT Offshore Partners a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KNOT Offshore Partners in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than KNOT Offshore Partners?

Wall Street analysts have given KNOT Offshore Partners a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but KNOT Offshore Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Thomas Greco's approval rating as KNOT Offshore Partners' CEO?

538 employees have rated KNOT Offshore Partners CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among KNOT Offshore Partners' employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is KNOT Offshore Partners' next earnings date?

KNOT Offshore Partners is scheduled to release its next quarterly earnings announcement on Wednesday, March 10th 2021.
View our earnings forecast for KNOT Offshore Partners
.

How were KNOT Offshore Partners' earnings last quarter?

KNOT Offshore Partners LP (NYSE:KNOP) released its quarterly earnings data on Tuesday, November, 17th. The shipping company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.12. The shipping company had revenue of $71.28 million for the quarter. KNOT Offshore Partners had a net margin of 23.04% and a return on equity of 10.64%.
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 Friday, January 15th. Investors of record on Friday, January 29th will be given a dividend of $0.52 per share on Thursday, February 11th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 11.93%. The ex-dividend date is Thursday, January 28th.
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 11.76%. 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 115.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KNOT Offshore Partners will have a dividend payout ratio of 74.02% next year. This indicates that KNOT Offshore Partners will be able to sustain or increase its dividend.
View KNOT Offshore Partners' dividend history.

What price target have analysts set for KNOP?

2 brokerages have issued 1-year price targets for KNOT Offshore Partners' stock. Their forecasts range from $17.00 to $20.00. On average, they anticipate KNOT Offshore Partners' share price to reach $18.50 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price.
View analysts' price targets for KNOT Offshore Partners
or view Wall Street analyst' top-rated stocks.

Are investors shorting KNOT Offshore Partners?

KNOT Offshore Partners saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 75,800 shares, a decrease of 20.2% from the December 15th total of 95,000 shares. Based on an average trading volume of 132,200 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company's shares are sold short.
View KNOT Offshore Partners' Short Interest
.

Who are some of KNOT Offshore Partners' key competitors?

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).

Who are KNOT Offshore Partners' key executives?

KNOT Offshore Partners' management team includes the following people:
  • Mr. Gary Chapman, CEO & CFO (Age 46)

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.

What is KNOT Offshore Partners' stock price today?

One share of KNOP stock can currently be purchased for approximately $17.43.

How big of a company is KNOT Offshore Partners?

KNOT Offshore Partners has a market capitalization of $569.79 million and generates $282.56 million in revenue each year. The shipping company earns $58 million in net income (profit) each year or $1.80 on an earnings per share basis. 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 1/21/2021 by MarketBeat.com Staff

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