NYSE:KRP Kimbell Royalty Partners - KRP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kimbell Royalty Partners, LP Please log in to your account or sign up in order to add this asset to your watchlist. $14.36 -0.37 (-2.51%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$14.34▼$14.7750-Day Range$14.14▼$17.0252-Week Range$13.85▼$20.08Volume225,119 shsAverage Volume405,084 shsMarket Capitalization$941.15 millionP/E Ratio8.21Dividend Yield13.37%Price Target$21.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Kimbell Royalty Partners MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.5% Upside$21.75 Price TargetShort InterestHealthy1.51% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 5 Articles This WeekInsider TradingSelling Shares$30,300 Sold Last QuarterProj. Earnings Growth-3.28%From $1.22 to $1.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.43 out of 5 starsOils/Energy Sector103rd out of 242 stocksCrude Petroleum & Natural Gas Industry45th out of 78 stocks 3.5 Analyst's Opinion Consensus RatingKimbell Royalty Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.75, Kimbell Royalty Partners has a forecasted upside of 51.5% from its current price of $14.36.Amount of Analyst CoverageKimbell Royalty Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.51% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kimbell Royalty Partners has recently increased by 8.33%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipKimbell Royalty Partners is a leading dividend payer. It pays a dividend yield of 13.36%, 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 109.71%. 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 162.71% in the coming year. This indicates that Kimbell Royalty Partners may not be able to sustain their current 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 2.5 News and Social Media Coverage News SentimentKimbell Royalty Partners has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Kimbell Royalty Partners this week, compared to 1 article on an average week.Search Interest53 people have searched for KRP on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Kimbell Royalty Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -23% compared to the previous 30 days. Previous Next 1.7 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 $30,300.00 in company stock.Percentage Held by InsidersOnly 5.60% of the stock of Kimbell Royalty Partners is held by insiders.Percentage Held by Institutions47.51% of the stock of Kimbell Royalty Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Kimbell Royalty Partners are expected to decrease by -3.28% in the coming year, from $1.22 to $1.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kimbell Royalty Partners is 8.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Kimbell Royalty Partners is 8.21, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 62.96.Price to Book Value per Share RatioKimbell Royalty Partners has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kimbell Royalty Partners (NYSE:KRP) StockKimbell Royalty Partners LP engages in owning and acquiring mineral and royalty interests in oil and natural gas properties. The company was founded by Robert Ravnaas, R. Davis Ravnaas, Brett G. Taylor on October 30, 2015 and is headquartered in Fort Worth, TX.Read More 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 KRP Stock News HeadlinesMarch 21, 2023 | americanbankingnews.comPar Pacific (NYSE:PARR) & Kimbell Royalty Partners (NYSE:KRP) Financial ComparisonMarch 19, 2023 | americanbankingnews.comKimbell Royalty Partners, LP (NYSE:KRP) Insider Blayne Rhynsburger Sells 2,000 SharesMarch 22, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 13, 2023 | benzinga.comKimbell Royalty Partners Stock (NYSE:KRP), Guidance and ForecastMarch 3, 2023 | msn.comTuesday Is Your Last Chance To Buy Kimbell Royalty Partners Before The Dividend PayoutFebruary 24, 2023 | finance.yahoo.comQ4 2022 Kimbell Royalty Partners LP Earnings CallFebruary 23, 2023 | finance.yahoo.comKimbell Royalty Partners Announces Filing of 2022 Annual Report on Form 10-KFebruary 23, 2023 | finance.yahoo.comKimbell Royalty Partners Announces Record Fourth Quarter and Full Year 2022 ResultsMarch 22, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.January 27, 2023 | benzinga.comKimbell Royalty Partners Stock (NYSE:KRP), Quotes and News SummaryJanuary 24, 2023 | forbes.comKimbell Royalty PartnersDecember 28, 2022 | finance.yahoo.comKimbell Royalty Partners Announces Timing of Fourth Quarter 2022 Earnings Release and Conference CallDecember 20, 2022 | finance.yahoo.comAnalysts Say Buy These 2 High-Yield Dividend Stocks — Including One With 26% Dividend YieldDecember 17, 2022 | seekingalpha.comKRP Kimbell Royalty Partners, LPDecember 15, 2022 | finance.yahoo.comKimbell Royalty Partners Closes $271 Million Acquisition of Permian Basin Mineral and Royalty Interests in Cash and Unit Transaction(1)December 5, 2022 | seekingalpha.comKimbell Royalty Partners: Hatch Acquisition Boosts Its Projected 2023 DCF Per UnitNovember 23, 2022 | benzinga.comKimbell Royalty Partners's Return On Capital Employed OverviewNovember 5, 2022 | seekingalpha.comKimbell Royalty Partners LP (KRP) Q3 2022 Earnings Call TranscriptNovember 3, 2022 | seekingalpha.comKimbell Royalty buys Permian assets in $290M deal; launches 5M-unit offeringNovember 3, 2022 | finance.yahoo.comKimbell Royalty Partners, LP Announces Pricing of Upsized Public Offering of Common UnitsNovember 3, 2022 | msn.comKimbell Royalty Partners: Q3 Earnings InsightsNovember 3, 2022 | finance.yahoo.comKimbell Royalty Partners Announces Record Third Quarter 2022 ResultsOctober 27, 2022 | finance.yahoo.comKimbell Royalty (KRP) Reports Next Week: Wall Street Expects Earnings GrowthOctober 26, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights Devon Energy, Kimbell Royalty, The Williams Companies and Alliance Resource PartnersOctober 19, 2022 | theglobeandmail.comKimbell Royalty Partner's 11.8% Dividend Yield Looks SustainableOctober 7, 2022 | msn.comKimbell Royalty (KRP) is a Great Momentum Stock: Should You Buy?September 23, 2022 | finance.yahoo.comEnergy Stock Pays Off Richly In A Market Searching For High YieldSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 KRP Company Calendar Last Earnings2/23/2023Ex-Dividend for 3/16 Dividend3/08/2023Dividend Payable3/16/2023Today3/22/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:KRP CUSIPN/A CIK1657788 Webwww.kimbellrp.com Phone(817) 945-9700FaxN/AEmployees2,020Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.75 High Stock Price Forecast$24.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+51.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.75 Trailing P/E Ratio8.21 Forward P/E Ratio11.77 P/E GrowthN/ANet Income$111.97 million Net Margins47.32% Pretax Margin53.83% Return on Equity30.25% Return on Assets13.11% Debt Debt-to-Equity Ratio0.40 Current Ratio4.01 Quick Ratio4.01 Sales & Book Value Annual Sales$248.06 million Price / Sales3.79 Cash Flow$2.50 per share Price / Cash Flow5.74 Book Value$8.80 per share Price / Book1.63Miscellaneous Outstanding Shares65,540,000Free Float61,873,000Market Cap$941.15 million OptionableNot Optionable Beta1.35 Key ExecutivesRobert David RavnaasChairman & Chief Executive OfficerR. Davis RavnaasPresident & Chief Financial OfficerMatthew S. DalyChief Operating OfficerDaniel C. PrzyojskiVice President-AcquisitionsRand RavnaasVice President-Business DevelopmentKey CompetitorsDorchester MineralsNASDAQ:DMLPVital EnergyNYSE:VTLEHess MidstreamNYSE:HESMW&T OffshoreNYSE:WTIGranite Ridge ResourcesNYSE:GRNTView All CompetitorsInsiders & InstitutionsBlayne RhynsburgerSold 2,000 sharesTotal: $30,300.00 ($15.15/share)Macquarie Group Ltd.Bought 146,945 shares on 2/21/2023Ownership: 1.800%Northwestern Mutual Wealth Management Co.Bought 1,500 shares on 2/21/2023Ownership: 0.002%Truist Financial CorpSold 5,924 shares on 2/17/2023Ownership: 0.024%Steward Partners Investment Advisory LLCSold 1,936 shares on 2/15/2023Ownership: 0.074%View All Insider TransactionsView All Institutional Transactions KRP Stock - Frequently Asked Questions Should I buy or sell Kimbell Royalty Partners stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last twelve months. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" KRP shares. View KRP analyst ratings or view top-rated stocks. What is Kimbell Royalty Partners' stock price forecast for 2023? 4 brokers have issued 1-year target prices for Kimbell Royalty Partners' stock. Their KRP share price forecasts range from $18.00 to $24.00. On average, they predict the company's stock price to reach $21.75 in the next year. This suggests a possible upside of 51.5% from the stock's current price. View analysts price targets for KRP or view top-rated stocks among Wall Street analysts. How have KRP shares performed in 2023? Kimbell Royalty Partners' stock was trading at $16.70 at the beginning of 2023. Since then, KRP shares have decreased by 14.0% and is now trading at $14.36. View the best growth stocks for 2023 here. Are investors shorting Kimbell Royalty Partners? Kimbell Royalty Partners saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 987,500 shares, an increase of 8.3% from the February 13th total of 911,600 shares. Based on an average trading volume of 398,600 shares, the days-to-cover ratio is currently 2.5 days. View Kimbell Royalty Partners' Short Interest. When is Kimbell Royalty Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our KRP earnings forecast. How were Kimbell Royalty Partners' earnings last quarter? Kimbell Royalty Partners, LP (NYSE:KRP) released its earnings results on Thursday, February, 23rd. The energy company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.19. The energy company had revenue of $68.67 million for the quarter, compared to analysts' expectations of $54.79 million. Kimbell Royalty Partners had a trailing twelve-month return on equity of 30.25% and a net margin of 47.32%. How often does Kimbell Royalty Partners pay dividends? What is the dividend yield for Kimbell Royalty Partners? Kimbell Royalty Partners announced a quarterly dividend on Thursday, February 23rd. Investors of record on Thursday, March 9th will be given a dividend of $0.48 per share on Thursday, March 16th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 13.37%. The ex-dividend date of this dividend is Wednesday, March 8th. Read our dividend analysis for KRP. What ETFs hold Kimbell Royalty Partners' stock? ETFs with the largest weight of Kimbell Royalty Partners (NYSE:KRP) stock in their portfolio include Virtus Real Asset Income ETF (VRAI), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Arrow Dow Jones Global Yield ETF (GYLD), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Global X SuperDividend ETF (SDIV), Invesco Raymond James SB-1 Equity ETF (RYJ), FT Energy Income Partners Strategy ETF (EIPX) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). Is Kimbell Royalty Partners a good dividend stock? Kimbell Royalty Partners (NYSE:KRP) pays an annual dividend of $1.92 per share and currently has a dividend yield of 13.36%. KRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 109.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, KRP will have a dividend payout ratio of 162.71% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for KRP. What other stocks do shareholders of Kimbell Royalty Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kimbell Royalty Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Wells Fargo & Company (WFC), Pfizer (PFE), AbbVie (ABBV), Walt Disney (DIS), Enbridge (ENB), Raytheon Technologies (RTX) and New York Mortgage Trust (NYMT). When did Kimbell Royalty Partners IPO? (KRP) raised $100 million in an 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. What is Kimbell Royalty Partners' stock symbol? Kimbell Royalty Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRP." Who are Kimbell Royalty Partners' major shareholders? Kimbell Royalty Partners' stock is owned by many different institutional and retail investors. Top institutional shareholders include EnCap Energy Capital Fund VIII L.P. (6.93%), T. Rowe Price Investment Management Inc. (3.72%), Mill Road Capital Management LLC (2.04%), Epoch Investment Partners Inc. (2.03%), Macquarie Group Ltd. (1.80%) and CIBC Private Wealth Group LLC (0.99%). Insiders that own company stock include Blayne Rhynsburger, Brett G Taylor, Erik B Daugbjerg, Kkr Upstream Associates Llc, Matthew S Daly, Mitch S Wynne, Pep I Holdings, Llc, Peter Alcorn and Robert D Ravnaas. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Kimbell Royalty Partners' stock price today? One share of KRP stock can currently be purchased for approximately $14.36. How much money does Kimbell Royalty Partners make? Kimbell Royalty Partners (NYSE:KRP) has a market capitalization of $941.15 million and generates $248.06 million in revenue each year. The energy company earns $111.97 million in net income (profit) each year or $1.75 on an earnings per share basis. How many employees does Kimbell Royalty Partners have? The company employs 2,020 workers across the globe. How can I contact Kimbell Royalty Partners? Kimbell Royalty Partners' mailing address is 777 TAYLOR STREET SUITE 810, FORT WORTH TX, 76102. The official website for the company is www.kimbellrp.com. The energy company can be reached via phone at (817) 945-9700 or via email at krp@dennardlascar.com. This page (NYSE:KRP) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.