Kimbell Royalty Partners (KRP) Stock Price, News & Analysis

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kimbell Royalty Partners in the last year. There are currently 6 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.

7 analysts have issued 1-year target prices for Kimbell Royalty Partners' stock. Their KRP share price targets range from $19.00 to $25.00. On average, they anticipate the company's share price to reach $20.86 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price.
View analysts price targets for KRP or view top-rated stocks among Wall Street analysts.

Kimbell Royalty Partners' stock was trading at $15.05 on January 1st, 2024. Since then, KRP shares have increased by 6.4% and is now trading at $16.01.
View the best growth stocks for 2024 here.

Kimbell Royalty Partners saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,340,000 shares, an increase of 5.5% from the March 15th total of 1,270,000 shares. Based on an average daily trading volume, of 358,100 shares, the days-to-cover ratio is presently 3.7 days.
View Kimbell Royalty Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our KRP earnings forecast.

Kimbell Royalty Partners will be holding an earnings conference call on Thursday, May 2nd 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 "13745127#".

Kimbell Royalty Partners, LP (NYSE:KRP) released its earnings results on Wednesday, February, 21st. The energy company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.13. The energy company had revenue of $99.20 million for the quarter, compared to the consensus estimate of $83.89 million. Kimbell Royalty Partners had a net margin of 20.45% and a trailing twelve-month return on equity of 8.98%. The company's revenue for the quarter was up 44.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 earnings per share.

Kimbell Royalty Partners declared a quarterly dividend on Wednesday, February 21st. Shareholders of record on Wednesday, March 13th will be paid a dividend of $0.43 per share on Wednesday, March 20th. This represents a $1.72 annualized dividend and a yield of 10.74%. The ex-dividend date of this dividend is Tuesday, March 12th.
Read our dividend analysis for KRP.

Kimbell Royalty Partners (NYSE:KRP) pays an annual dividend of $1.72 per share and currently has a dividend yield of 10.82%. KRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 186.96%. 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 181.05% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for KRP.

ETFs with the largest weight of Kimbell Royalty Partners (NYSE:KRP) stock in their portfolio include GraniteShares HIPS US High Income ETF (HIPS), Multi-Asset Diversified Income Index Fund (MDIV), Virtus Real Asset Income ETF (VRAI).Global X SuperDividend ETF (SDIV) and

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), RTX (RTX) and New York Mortgage Trust (NYMT).

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.

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.
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