Kimbell Royalty Partners, LP (KRP) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

KRP Stock Forecast


Kimbell Royalty Partners, LP (KRP) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $20.00, with a high of $20.00 and a low of $20.00. This represents a 27.88% increase from the last price of $15.64.

$15 $16 $17 $18 $19 $20 High: $20 Avg: $20 Low: $20 Last Closed Price: $15.64

KRP Stock Rating


Kimbell Royalty Partners, LP stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 1 Strong Buy (25.00%), 3 Buy (75.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 3 1 Strong Sell Sell Hold Buy Strong Buy

KRP Forecast vs Benchmarks


TypeNameUpside
StockKimbell Royalty Partners, LP27.88%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Exploration & Production Stocks27.32%

Price Target Trends


1M3M12M
# Anlaysts--3
Avg Price Target--$21.00
Last Closing Price$15.64$15.64$15.64
Upside/Downside--34.27%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-5--16
Dec, 24-5--16
Nov, 2425--18
Oct, 2425-119
Sep, 2425-119
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Tim RezvanKeyBanc$20.00$15.9725.23%27.88%
Jul 22, 2024Neal DingmannTruist Financial$22.00$16.7831.11%40.66%
Apr 05, 2024Neal DingmannTruist Financial$21.00$16.0930.52%34.27%
Jul 26, 2022Raymond James$26.00$16.9353.57%66.24%
May 02, 2022Wells Fargo$21.00$16.8324.78%34.27%
Apr 25, 2022Raymond James$25.00$16.9247.75%59.85%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024KeyBancOverweightOverweighthold
Mar 25, 2024B. Riley SecuritiesBuyBuyhold
Apr 17, 2023Raymond JamesStrong BuyStrong Buyhold
Mar 07, 2023KeyBancOverweightupgrade
Jul 26, 2022Raymond JamesStrong BuyStrong Buyhold
May 02, 2022Wells FargoOverweightOverweighthold

Financial Forecast


EPS Forecast

$-8 $-6 $-4 $-2 $0 $2 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-7.42$0.56$1.75$0.93---
Avg Forecast$1.36$0.64$1.75$0.90$0.62$0.90$0.93
High Forecast$1.32$0.62$1.67$0.85$0.53$0.66$0.55
Low Forecast$1.43$0.68$1.81$0.95$0.69$1.21$1.23
Surprise %-645.59%-12.50%-3.33%---

Revenue Forecast

$50M $120M $190M $260M $330M $400M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$92.93M$178.41M$285.04M$273.18M---
Avg Forecast$94.71M$123.65M$235.72M$277.69M$318.29M$359.97M$375.44M
High Forecast$92.35M$120.57M$227.90M$273.00M$317.30M$332.44M$373.04M
Low Forecast$98.38M$128.45M$242.29M$281.75M$319.00M$385.79M$377.85M
Surprise %-1.87%44.28%20.92%-1.62%---

Net Income Forecast

$-300M $-210M $-120M $-30M $60M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-256.09M$33.86M$94.52M$68.02M---
Avg Forecast$126.53M$25.70M$37.50M$61.71M$57.11M$89.36M$102.98M
High Forecast$122.43M$20.56M$25.29M$43.89M$49.58M$61.25M$50.99M
Low Forecast$132.92M$30.84M$49.72M$79.54M$64.64M$112.56M$114.51M
Surprise %-302.39%31.79%152.02%10.22%---

KRP Forecast FAQ


Is Kimbell Royalty Partners, LP stock a buy?

Kimbell Royalty Partners, LP stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 3 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Kimbell Royalty Partners, LP is a favorable investment for most analysts.

What is Kimbell Royalty Partners, LP's price target?

Kimbell Royalty Partners, LP's price target, set by 4 Wall Street analysts, averages $20 over the next 12 months. The price target range spans from $20 at the low end to $20 at the high end, suggesting a potential 27.88% change from the previous close price of $15.64.

How does Kimbell Royalty Partners, LP stock forecast compare to the average forecast of its sector, industry, and investment themes?

Kimbell Royalty Partners, LP stock forecast shows a 27.88% upside, outperforming the average forecast for the energy stocks sector (25.44%) and outperforming the oil & gas exploration & production stocks industry (27.32%).

What is the breakdown of analyst ratings for Kimbell Royalty Partners, LP over the past three months?

  • January 2025: 0% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 16.67% Strong Sell.
  • December 2024: 0% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 16.67% Strong Sell.
  • November 2024: 25.00% Strong Buy, 62.50% Buy, 0% Hold, 0% Sell, 12.50% Strong Sell.

What is Kimbell Royalty Partners, LP’s EPS forecast?

Kimbell Royalty Partners, LP's average annual EPS forecast for its fiscal year ending in December is 0.62 for 2024, a -33.33% decrease from the reported $0.93 in 2023. The prediction for 2025 is $0.9, and $0.93 for 2026.

What is Kimbell Royalty Partners, LP’s revenue forecast?

Kimbell Royalty Partners, LP's average annual revenue forecast for its fiscal year ending in December is $318.29M for 2024, a 16.51% increase from the reported $273.18M in 2023. The forecast for 2025 is $359.97M, and $375.44M for 2026.

What is Kimbell Royalty Partners, LP’s net income forecast?

For its fiscal year ending in December, Kimbell Royalty Partners, LP's average annual net income forecast is $57.11M for 2024, reflecting a -16.04% decrease from the reported $68.02M in 2023. The projection for 2025 is $89.36M, and $102.98M for 2026.