Kimbell Royalty Partners Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Kimbell Royalty Partners stock.
View analyst ratings for Kimbell Royalty Partners or view top-rated stocks.

4 brokers have issued 12-month price objectives for Kimbell Royalty Partners' stock. Their KRP stock forecasts range from $18.00 to $25.00. On average, they anticipate Kimbell Royalty Partners' stock price to reach $20.75 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price.
View analysts' price targets for Kimbell Royalty Partners or view top-rated stocks among Wall Street analysts.

Kimbell Royalty Partners' stock was trading at $13.63 on January 1st, 2022. Since then, KRP stock has increased by 11.2% and is now trading at $15.15.
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Kimbell Royalty Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Kimbell Royalty Partners.

Kimbell Royalty Partners will be holding an earnings conference call on Thursday, August 4th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13730699#".

Kimbell Royalty Partners, LP (NYSE:KRP) released its earnings results on Thursday, May, 5th. The energy company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.04. The energy company had revenue of $33.75 million for the quarter, compared to the consensus estimate of $43.73 million. Kimbell Royalty Partners had a trailing twelve-month return on equity of 12.75% and a net margin of 27.46%.
View Kimbell Royalty Partners' earnings history.

Kimbell Royalty Partners declared a quarterly dividend on Friday, April 22nd. Shareholders of record on Monday, May 2nd will be paid a dividend of $0.47 per share on Monday, May 9th. This represents a $1.88 annualized dividend and a dividend yield of 12.41%. The ex-dividend date is Friday, April 29th. This is an increase from Kimbell Royalty Partners's previous quarterly dividend of $0.37.
View Kimbell Royalty Partners' dividend history.

Kimbell Royalty Partners(NYSE:KRP) pays an annual dividend of $1.88 per share and currently has a dividend yield of 12.07%. KRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Kimbell Royalty Partners has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Kimbell Royalty Partners is 289.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Kimbell Royalty Partners will have a dividend payout ratio of 116.05% in the coming year. This indicates that Kimbell Royalty Partners may not be able to sustain their current dividend.
View Kimbell Royalty Partners' dividend history.

Some companies that are related to Kimbell Royalty Partners include Enerplus (ERF), SM Energy (SM), Crescent Point Energy (CPG), CNX Resources (CNX), Denbury (DEN), Vermilion Energy (VET), California Resources (CRC), Enerplus (ERF), Black Stone Minerals (BSM), Whiting Petroleum (WLL), Comstock Resources (CRK), Kosmos Energy (KOS), Callon Petroleum (CPE), Oasis Petroleum (OAS) and Crescent Energy (CRGY).
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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).

(KRP) raised $100 million in an initial public offering (IPO) on Friday, February 3rd 2017. The company issued 5,000,000 shares at $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.

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

Shares of KRP 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.
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One share of KRP stock can currently be purchased for approximately $15.15.

Kimbell Royalty Partners (NYSE:KRP) has a market capitalization of $981.31 million and generates $135.62 million in revenue each year. The energy company earns $33.94 million in net income (profit) each year or $0.65 on an earnings per share basis.

Kimbell Royalty Partners employs 2,020 workers across the globe.

Kimbell Royalty Partners' mailing address is 777 TAYLOR STREET SUITE 810, FORT WORTH TX, 76102. The official website for Kimbell Royalty Partners is www.kimbellrp.com. The energy company can be reached via phone at (817) 945-9700 or via email at krp@dennardlascar.com.