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KNOT Offshore Partners LP (NASDAQ:KNOP) declared a quarterly dividend on Wednesday, January 22nd, Stock Ratings News reports. Stockholders of record on Tuesday, February 4th will be given a dividend of 0.435 per share on Friday, February 14th. This represents a $1.74 dividend on an annualized basis and a yield of 6.66%.

Several analysts have recently commented on the stock. Analysts at RBC Capital initiated coverage on shares of KNOT Offshore Partners LP in a research note to investors on Tuesday, January 14th. They set an “outperform” rating and a $31.00 price target on the stock. On the ratings front, analysts at Zacks upgraded shares of KNOT Offshore Partners LP from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 18th. They now have a $26.40 price target on the stock. Finally, analysts at Zacks downgraded shares of KNOT Offshore Partners LP from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, November 19th. They now have a $25.00 price target on the stock. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. KNOT Offshore Partners LP has a consensus rating of “Buy” and an average price target of $27.48.

KNOT Offshore Partners LP (NASDAQ:KNOP) opened at 26.13 on Wednesday. KNOT Offshore Partners LP has a 52 week low of $20.68 and a 52 week high of $29.39. The stock’s 50-day moving average is $26.76 and its 200-day moving average is $25.08. The company has a market cap of $456.9 million and a price-to-earnings ratio of 37.61.

KNOT Offshore Partners LP (NASDAQ:KNOP) last issued its quarterly earnings data on Monday, November 25th. The company reported $0.74 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.28 by $0.46. Analysts expect that KNOT Offshore Partners LP will post $0.89 EPS for the current fiscal year.

KNOT Offshore Partners LP is a limited partnership formed to own, operate and acquire shuttle tankers under long-term charters.

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