Kimbell Royalty Partners, LP (KRP) Stock Forecast, Price Target & Predictions
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.
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
KRP Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Kimbell Royalty Partners, LP | 27.88% |
Sector | Energy Stocks | 25.44% |
Industry | Oil & Gas Exploration & Production Stocks | 27.32% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $21.00 |
Last Closing Price | $15.64 | $15.64 | $15.64 |
Upside/Downside | - | - | 34.27% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | - | 5 | - | - | 1 | 6 |
Dec, 24 | - | 5 | - | - | 1 | 6 |
Nov, 24 | 2 | 5 | - | - | 1 | 8 |
Oct, 24 | 2 | 5 | - | 1 | 1 | 9 |
Sep, 24 | 2 | 5 | - | 1 | 1 | 9 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 16, 2024 | Tim Rezvan | KeyBanc | $20.00 | $15.97 | 25.23% | 27.88% |
Jul 22, 2024 | Neal Dingmann | Truist Financial | $22.00 | $16.78 | 31.11% | 40.66% |
Apr 05, 2024 | Neal Dingmann | Truist Financial | $21.00 | $16.09 | 30.52% | 34.27% |
Jul 26, 2022 | Raymond James | $26.00 | $16.93 | 53.57% | 66.24% | |
May 02, 2022 | Wells Fargo | $21.00 | $16.83 | 24.78% | 34.27% | |
Apr 25, 2022 | Raymond James | $25.00 | $16.92 | 47.75% | 59.85% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 16, 2024 | KeyBanc | Overweight | Overweight | hold |
Mar 25, 2024 | B. Riley Securities | Buy | Buy | hold |
Apr 17, 2023 | Raymond James | Strong Buy | Strong Buy | hold |
Mar 07, 2023 | KeyBanc | Overweight | upgrade | |
Jul 26, 2022 | Raymond James | Strong Buy | Strong Buy | hold |
May 02, 2022 | Wells Fargo | Overweight | Overweight | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 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
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 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
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 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% | - | - | - |