Top-Rated Dividend StocksTop-Rated DividendNYSE:KRP Kimbell Royalty Partners (KRP) Stock Price, News & Analysis $16.78 -0.03 (-0.18%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$16.65▼$16.8650-Day Range$16.00▼$17.0552-Week Range$14.02▼$17.11Volume317,496 shsAverage Volume350,393 shsMarket Capitalization$1.60 billionP/E Ratio27.97Dividend Yield11.68%Price Target$20.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Kimbell Royalty Partners alerts: Email Address Kimbell Royalty Partners MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside24.2% Upside$20.83 Price TargetShort InterestHealthy1.77% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.62Based on 7 Articles This WeekInsider TradingSelling Shares$826,000 Sold Last QuarterProj. Earnings Growth23.53%From $1.02 to $1.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.51 out of 5 starsOils/Energy Sector110th out of 248 stocksCrude Petroleum & Natural Gas Industry44th out of 80 stocks 2.4 Analyst's Opinion Consensus RatingKimbell Royalty Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 4 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageKimbell Royalty Partners has only been the subject of 2 research reports in the past 90 days.Read more about Kimbell Royalty Partners' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.77% of the outstanding shares of Kimbell Royalty Partners have been sold short.Short Interest Ratio / Days to CoverKimbell Royalty Partners has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Kimbell Royalty Partners has recently decreased by 23.18%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipKimbell Royalty Partners is a leading dividend payer. It pays a dividend yield of 11.74%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKimbell Royalty Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kimbell Royalty Partners is 326.67%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Kimbell Royalty Partners will have a dividend payout ratio of 155.56% in the coming year. This indicates that Kimbell Royalty Partners may not be able to sustain their current dividend.Read more about Kimbell Royalty Partners' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KRP. Previous Next 3.7 News and Social Media Coverage News SentimentKimbell Royalty Partners has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Kimbell Royalty Partners this week, compared to 2 articles on an average week.Search Interest26 people have searched for KRP on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.MarketBeat Follows11 people have added Kimbell Royalty Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kimbell Royalty Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $826,000.00 in company stock.Percentage Held by InsidersOnly 5.60% of the stock of Kimbell Royalty Partners is held by insiders.Percentage Held by InstitutionsOnly 25.78% of the stock of Kimbell Royalty Partners is held by institutions.Read more about Kimbell Royalty Partners' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Kimbell Royalty Partners are expected to grow by 23.53% in the coming year, from $1.02 to $1.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kimbell Royalty Partners is 27.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Kimbell Royalty Partners is 27.97, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.02.Price to Earnings Growth RatioKimbell Royalty Partners has a PEG Ratio of 1.45. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKimbell Royalty Partners has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Kimbell Royalty Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About Kimbell Royalty Partners Stock (NYSE:KRP)Kimbell Royalty Partners, LP, together with its subsidiaries, engages in acquiring and owning mineral and royalty interests in oil and natural gas properties in the United States. It serves as the general partner of the company. The company was incorporated in 2015 and is based in Fort Worth, Texas.Read More KRP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRP Stock News HeadlinesJuly 26 at 1:31 AM | americanbankingnews.comAnalysts Set Kimbell Royalty Partners, LP (NYSE:KRP) Target Price at $20.83July 23, 2024 | americanbankingnews.comKimbell Royalty Partners (NYSE:KRP) Price Target Increased to $22.00 by Analysts at Truist FinancialJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.June 25, 2024 | seekingalpha.comKimbell Royalty Partners: Q1 Results Show A Strong Start To 2024June 23, 2024 | seekingalpha.comKimbell Royalty Partners: A De-Risked 11% Yielder To BuyJune 4, 2024 | prnewswire.comKimbell Royalty Partners Announces Date for Second Quarter 2024 Earnings Release and Conference CallJune 1, 2024 | 247wallst.com5 Best Dividend Stocks to Buy in JuneMay 20, 2024 | prnewswire.comKimbell Royalty Partners Mourns the Passing of Board Member Ben J. FortsonJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 15, 2024 | finance.yahoo.comSeeking 12% Dividend Yield? Analysts Suggest 2 Dividend Stocks to BuyMay 3, 2024 | finance.yahoo.comKimbell Royalty Partners, LP (NYSE:KRP) Q1 2024 Earnings Call TranscriptMay 3, 2024 | finance.yahoo.comKimbell Royalty Partners LP (KRP) (Q1 2024) Earnings Call Transcript Highlights: Record ...May 3, 2024 | seekingalpha.comKRP Kimbell Royalty Partners, LP Common UnitsMay 2, 2024 | investorplace.comKRP Stock Earnings: Kimbell Royalty Partners Misses EPS, Beats Revenue for Q1 2024May 2, 2024 | markets.businessinsider.comHere's what to expect from Kimbell Royalty Partners LP Partnership Units's earningsMay 2, 2024 | prnewswire.comKimbell Royalty Partners Announces Record First Quarter 2024 ResultsApril 28, 2024 | finance.yahoo.comKimbell Royalty Partners, LP (KRP)April 22, 2024 | markets.businessinsider.comA Closer Look at 4 Analyst Recommendations For Kimbell Royalty PartnersSee More Headlines Receive KRP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kimbell Royalty Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/02/2024Ex-Dividend for 5/20 Dividend5/10/2024Dividend Payable5/20/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:KRP CUSIPN/A CIK1657788 Webwww.kimbellrp.com Phone(817) 945-9700FaxN/AEmployees30Year FoundedN/APrice Target and Rating Average Stock Price Target$20.83 High Stock Price Target$25.00 Low Stock Price Target$16.00 Potential Upside/Downside+24.2%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.60 Trailing P/E Ratio27.97 Forward P/E Ratio16.45 P/E Growth1.45Net Income$66.54 million Net Margins12.93% Pretax Margin21.57% Return on Equity5.74% Return on Assets3.23% Debt Debt-to-Equity Ratio0.42 Current Ratio8.48 Quick Ratio8.48 Sales & Book Value Annual Sales$294.07 million Price / Sales5.45 Cash Flow$1.69 per share Price / Cash Flow9.95 Book Value$7.54 per share Price / Book2.23Miscellaneous Outstanding Shares95,490,000Free Float90,146,000Market Cap$1.60 billion OptionableOptionable Beta1.13 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. Robert Dean Ravnaas (Age 66)Chairman of the Board & CEO of Kimbell Royalty GP LLC Comp: $2.13MMr. Brett G. Taylor (Age 63)Executive Vice Chairman of Kimbell Royalty GP LLC Comp: $545kMr. Robert Davis Ravnaas (Age 38)President & CFO of Kimbell Royalty GP LLC Comp: $1.95MMr. Matthew S. Daly (Age 51)COO & Secretary of Kimbell Royalty GP LLC Comp: $1.5MMr. R. Blayne Rhynsburger (Age 37)Controller of Kimbell Royalty GP LLC Comp: $407.84kKey CompetitorsMagnolia Oil & GasNYSE:MGYSasolNYSE:SSLVerenNYSE:VRNNorthern Oil and GasNYSE:NOGLiberty EnergyNYSE:LBRTView All CompetitorsInsiders & InstitutionsMTM Investment Management LLCSold 2,150 shares on 7/26/2024Ownership: 0.045%K.J. Harrison & Partners IncSold 5,000 shares on 7/26/2024Ownership: 0.018%Bank of New York Mellon CorpBought 12,152 shares on 7/26/2024Ownership: 0.013%Summit Securities Group LLCBought 2,600 shares on 7/26/2024Ownership: 0.003%Raymond James Trust N.A.Bought 974 shares on 7/25/2024Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions KRP Stock Analysis - Frequently Asked Questions How have KRP shares performed this year? Kimbell Royalty Partners' stock was trading at $15.05 at the beginning of the year. Since then, KRP stock has increased by 11.5% and is now trading at $16.78. View the best growth stocks for 2024 here. How were Kimbell Royalty Partners' earnings last quarter? Kimbell Royalty Partners, LP (NYSE:KRP) announced its quarterly earnings data on Thursday, May, 2nd. The energy company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.15. The business's quarterly revenue was up 52.4% on a year-over-year basis. When did Kimbell Royalty Partners IPO? Kimbell Royalty Partners (KRP) raised $100 million in an initial public offering (IPO) on Friday, February 3rd 2017. The company issued 5,000,000 shares at a price of $19.00-$21.00 per share. Raymond James, RBC Capital Markets and Stifel acted as the underwriters for the IPO and Stephens and Wunderlich were co-managers. Who are Kimbell Royalty Partners' major shareholders? Top institutional investors of Kimbell Royalty Partners include Ridgemont Partners Management LLC (6.17%), Raymond James & Associates (1.10%), Accordant Advisory Group Inc (0.19%) and SG Americas Securities LLC (0.08%). Insiders that own company stock include Brett G Taylor, Mitch S Wynne, Erik B Daugbjerg, T Scott Martin, Blayne Rhynsburger and Pep I Holdings, Llc. View institutional ownership trends. How do I buy shares of Kimbell Royalty Partners? Shares of KRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Kimbell Royalty Partners own? Based on aggregate information from My MarketBeat watchlists, some other companies that Kimbell Royalty Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Wells Fargo & Company (WFC), Pfizer (PFE), AbbVie (ABBV) and Walt Disney (DIS). This page (NYSE:KRP) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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