NYSE:KRP - Kimbell Royalty Partners Stock Price, Price Target & More

Kimbell Royalty Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRP."

Kimbell Royalty Partners announced a quarterly dividend on Friday, April 27th. Stockholders of record on Monday, May 7th will be given a dividend of $0.42 per share on Monday, May 14th. This represents a $1.68 annualized dividend and a dividend yield of 7.57%. The ex-dividend date of this dividend is Friday, May 4th. This is a positive change from Kimbell Royalty Partners's previous quarterly dividend of $0.36. View Kimbell Royalty Partners' Dividend History.

Kimbell Royalty Partners LP (NYSE:KRP) released its earnings results on Thursday, May, 10th. The energy company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.02. The energy company had revenue of $10.89 million for the quarter, compared to analysts' expectations of $10.50 million. Kimbell Royalty Partners had a positive return on equity of 1.34% and a negative net margin of 140.10%. View Kimbell Royalty Partners' Earnings History.

Kimbell Royalty Partners is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Kimbell Royalty Partners.

4 equities research analysts have issued 12-month price objectives for Kimbell Royalty Partners' stock. Their predictions range from $19.00 to $27.00. On average, they expect Kimbell Royalty Partners' stock price to reach $23.25 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Ratings for Kimbell Royalty Partners.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Kimbell Royalty Partners include Unit (UNT), HighPoint Resources (HPR), Penn Virginia (PVAC), W&T Offshore (WTI), GeoPark (GPRK), Genel Energy (GEGYY), Enbridge Energy Management (EEQ), Chaparral Energy Inc Class A (CHPE), Resolute Energy (REN), Bonanza Creek Energy (BCEI), Stone Energy (SGY), Talos Energy (TALO), Earthstone Energy (ESTE), Dorchester Minerals (DMLP) and SandRidge Energy (SD).

(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.

News stories about KRP stock have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kimbell Royalty Partners earned a daily sentiment score of 0.09 on Accern's scale. They also gave news headlines about the energy company an impact score of 45.32 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Kimbell Royalty Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include SG Capital Management LLC (0.38%). Company insiders that own Kimbell Royalty Partners stock include Benny D Duncan, Brett G Taylor, Jeff Mcinnis, Mitch S Wynne, T Scott Martin and William H Adams III. View Institutional Ownership Trends for Kimbell Royalty Partners.

KRP stock was purchased by a variety of institutional investors in the last quarter, including SG Capital Management LLC. Company insiders that have bought Kimbell Royalty Partners stock in the last two years include Brett G Taylor, Jeff Mcinnis, Mitch S Wynne, T Scott Martin and William H Adams III. View Insider Buying and Selling for Kimbell Royalty Partners.

Shares of KRP 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, Scottrade, Fidelity and Charles Schwab.

One share of KRP stock can currently be purchased for approximately $22.20.

Kimbell Royalty Partners has a market capitalization of $370.98 million and generates $30.97 million in revenue each year. The energy company earns $1.21 million in net income (profit) each year or $0.13 on an earnings per share basis. Kimbell Royalty Partners employs 14 workers across the globe.

Kimbell Royalty Partners' mailing address is 777 TAYLOR STREET SUITE 810, FORT WORTH TX, 76102. The energy company can be reached via phone at 817-945-9700 or via email at [email protected]