Kimbell Royalty Partners Stock Forecast, Price & News

Kimbell Royalty Partners' stock was trading at $8.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KRP shares have increased by 6.0% and is now trading at $8.88.
View which stocks have been most impacted by COVID-19.

8 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, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Kimbell Royalty Partners stock.
View analyst ratings for Kimbell Royalty Partners or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Kimbell Royalty 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 Kimbell Royalty Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Kimbell Royalty Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Kimbell Royalty Partners.

Kimbell Royalty Partners will be holding an earnings conference call on Thursday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Kimbell Royalty Partners, LP (NYSE:KRP) issued its quarterly earnings results on Thursday, May, 7th. The energy company reported ($1.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $1.28. The energy company earned $35.95 million during the quarter, compared to the consensus estimate of $26.14 million. Kimbell Royalty Partners had a positive trailing twelve-month return on equity of 3.85% and a negative net margin of 165.60%.
View Kimbell Royalty Partners' earnings history.

Kimbell Royalty Partners declared a quarterly dividend on Saturday, January 23rd. Stockholders of record on Monday, February 1st will be given a dividend of $0.265 per share on Monday, February 8th. This represents a $1.06 annualized dividend and a yield of 11.94%. The ex-dividend date is Friday, January 29th.
View Kimbell Royalty Partners' dividend history.

Kimbell Royalty Partners pays an annual dividend of $0.76 per share and currently has a dividend yield of 8.62%. KRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Kimbell Royalty Partners is 22.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Kimbell Royalty Partners will have a dividend payout ratio of 1,520.00% 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.

8 equities research analysts have issued 12 month price objectives for Kimbell Royalty Partners' shares. Their forecasts range from $7.00 to $14.00. On average, they expect Kimbell Royalty Partners' stock price to reach $10.88 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price.
View analysts' price targets for Kimbell Royalty Partners or view Wall Street analyst' top-rated stocks.

Some companies that are related to Kimbell Royalty Partners include Southwestern Energy (SWN), Murphy Oil (MUR), Antero Resources (AR), Black Stone Minerals (BSM), Matador Resources (MTDR), ARC Resources (AETUF), Crescent Point Energy (CPG), Tellurian (TELL), Comstock Resources (CRK), Kosmos Energy (KOS), SM Energy (SM), Enerplus Co. (ERF.TO) (ERF), Brigham Minerals (MNRL), GeoPark (GPRK) and Talos Energy (TALO).
View all of KRP's competitors.

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), The Walt Disney (DIS), Enbridge (ENB), Raytheon Technologies (RTX) and New York Mortgage Trust (NYMT).

(KRP) raised $100 million in an initial public offering 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 served 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.

One share of KRP stock can currently be purchased for approximately $8.88.

Kimbell Royalty Partners has a market capitalization of $530.38 million and generates $108.22 million in revenue each year. The energy company earns $-69,060,000.00 in net income (profit) each year or $3.37 on an earnings per share basis.

The official website for Kimbell Royalty Partners is www.kimbellrp.com.

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]