Kimbell Royalty Partners (KRP) Projected to Post Earnings on Thursday

Kimbell Royalty Partners (NYSE:KRP) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect Kimbell Royalty Partners to post earnings of $0.14 per share and revenue of $84.05 million for the quarter.

Kimbell Royalty Partners Stock Performance

NYSE:KRP opened at $12.03 on Wednesday. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 4.25 and a beta of 0.44. The business has a 50 day moving average of $13.10 and a 200 day moving average of $14.91. The company has a debt-to-equity ratio of 0.40, a current ratio of 5.20 and a quick ratio of 5.20. Kimbell Royalty Partners has a 1-year low of $10.98 and a 1-year high of $17.07.

Kimbell Royalty Partners Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 18th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 13.30%. The ex-dividend date was Tuesday, March 18th. Kimbell Royalty Partners’s dividend payout ratio (DPR) is presently -1,454.55%.

Insider Activity at Kimbell Royalty Partners

In other Kimbell Royalty Partners news, insider Blayne Rhynsburger sold 7,851 shares of the company’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $13.86, for a total value of $108,814.86. Following the completion of the transaction, the insider now directly owns 49,263 shares in the company, valued at approximately $682,785.18. This represents a 13.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on KRP shares. KeyCorp reduced their target price on shares of Kimbell Royalty Partners from $20.00 to $18.00 and set an “overweight” rating on the stock in a report on Monday, April 21st. Mizuho began coverage on Kimbell Royalty Partners in a research note on Monday, March 31st. They set a “neutral” rating and a $16.00 price objective on the stock. Raymond James reissued a “market perform” rating on shares of Kimbell Royalty Partners in a research note on Monday, March 3rd. Bank of America reduced their price target on Kimbell Royalty Partners from $16.00 to $14.00 and set an “underperform” rating on the stock in a research report on Tuesday, March 4th. Finally, Royal Bank of Canada raised Kimbell Royalty Partners to a “moderate buy” rating in a research note on Friday, March 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $17.40.

About Kimbell Royalty Partners