Kimbell Royalty Partners, LP (KRP) Stock Forecast, Price Target & Predictions
KRP Stock Forecast
Kimbell Royalty Partners, LP stock forecast is as follows: an average price target of $22.25 (represents a 40.03% upside from KRP’s last price of $15.89) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
KRP Price Target
The average price target for Kimbell Royalty Partners, LP (KRP) is $22.25 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $20.00. This represents a potential 40.03% upside from KRP's last price of $15.89.
KRP Analyst Ratings
According to 4 Wall Street analysts, Kimbell Royalty Partners, LP's rating consensus is 'Buy'. The analyst rating breakdown for KRP stock is 1 'Strong Buy' (25.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Kimbell Royalty Partners, LP Price Target by Analyst
| 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% | 25.87% |
| Jul 22, 2024 | Neal Dingmann | Truist Financial | $22.00 | $16.78 | 31.11% | 38.45% |
| Apr 05, 2024 | Neal Dingmann | Truist Financial | $21.00 | $16.09 | 30.52% | 32.16% |
| Jul 26, 2022 | - | Raymond James | $26.00 | $16.93 | 53.57% | 63.62% |
| May 02, 2022 | - | Wells Fargo | $21.00 | $16.83 | 24.78% | 32.16% |
| Apr 25, 2022 | - | Raymond James | $25.00 | $16.92 | 47.75% | 57.33% |
The latest Kimbell Royalty Partners, LP stock forecast, released on Oct 16, 2024 by Tim Rezvan from KeyBanc, set a price target of $20.00, which represents a 25.23% increase from the stock price at the time of the forecast ($15.97), and a 25.87% increase from KRP last price ($15.89).
Kimbell Royalty Partners, LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $20.00 | $21.00 |
| Last Closing Price | $15.89 | $15.89 | $15.89 |
| Upside/Downside | -100.00% | 25.87% | 32.16% |
In the current month, the average price target of Kimbell Royalty Partners, LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Kimbell Royalty Partners, LP's last price of $15.89. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| 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 |
Kimbell Royalty Partners, LP's last stock rating was published by KeyBanc on Oct 16, 2024. The company gave KRP a "Overweight" rating, the same as its previous rate.
Kimbell Royalty Partners, LP Financial Forecast
Kimbell Royalty Partners, LP Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $67.20M | $60.75M | $57.85M | $65.45M | $74.04M | $79.80M | $65.74M | $52.55M | $49.36M | $39.94M | $36.55M | $25.93M | $24.34M | $16.84M | $35.95M | $25.36M | $32.98M |
| Avg Forecast | $79.39M | $83.13M | $79.96M | $79.41M | $83.78M | $81.96M | $79.30M | $79.58M | $77.90M | $80.03M | $81.19M | $79.42M | $83.89M | $70.79M | $53.71M | $52.11M | $54.70M | $54.18M | $55.96M | $47.24M | $45.04M | $39.44M | $34.14M | $31.82M | $27.02M | $25.73M | $18.75M | $26.70M | $29.01M | $27.58M |
| High Forecast | $82.97M | $86.89M | $83.57M | $83.00M | $87.56M | $85.66M | $82.88M | $81.76M | $80.24M | $81.13M | $81.19M | $79.42M | $86.87M | $82.26M | $56.13M | $54.46M | $57.17M | $54.18M | $55.96M | $47.24M | $45.04M | $39.44M | $34.14M | $31.82M | $27.02M | $25.73M | $18.75M | $26.70M | $29.01M | $27.58M |
| Low Forecast | $75.23M | $78.78M | $75.77M | $75.25M | $79.39M | $77.66M | $75.15M | $76.31M | $75.23M | $78.93M | $81.19M | $79.42M | $82.02M | $65.24M | $50.89M | $49.38M | $51.83M | $54.18M | $55.96M | $47.24M | $45.04M | $39.44M | $34.14M | $31.82M | $27.02M | $25.73M | $18.75M | $26.70M | $29.01M | $27.58M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.13% | 1.11% | 1.20% | 1.37% | 1.43% | 1.39% | 1.17% | 1.25% | 1.17% | 1.15% | 0.96% | 0.95% | 0.90% | 1.35% | 0.87% | 1.20% |
Kimbell Royalty Partners, LP's average Quarter revenue forecast for Dec 23 based on 4 analysts is $83.89M, with a low forecast of $82.02M, and a high forecast of $86.87M. KRP's average Quarter revenue forecast represents a 24.83% increase compared to the company's last Quarter revenue of $67.20M (Sep 23).
Kimbell Royalty Partners, LP EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.29M | $24.64M | $26.70M | $36.87M | $59.81M | $66.87M | $43.54M | $37.61M | $18.10M | $13.60M | $10.97M | $-47.02M | $-4.51M | $-32.67M | $1.40B | $-31.57M | $3.97M |
| Avg Forecast | $891.19K | $933.24K | $897.62K | $891.50K | $940.48K | $920.03K | $890.21K | $893.31K | $874.54K | $898.45K | $911.47K | $6.76M | $941.80K | $794.69K | $602.92K | $6.15M | $16.86M | $23.34M | $24.11M | $6.58M | $19.41M | $16.99M | $14.71M | $22.57M | $11.64M | $11.08M | $8.08M | $11.50M | $12.50M | $11.88M |
| High Forecast | $931.48K | $975.43K | $938.20K | $931.80K | $982.99K | $961.62K | $930.45K | $917.82K | $900.75K | $910.82K | $911.47K | $8.12M | $975.26K | $923.49K | $630.17K | $7.38M | $20.23M | $23.34M | $24.11M | $7.89M | $19.41M | $16.99M | $14.71M | $27.09M | $11.64M | $11.08M | $8.08M | $11.50M | $12.50M | $11.88M |
| Low Forecast | $844.51K | $884.36K | $850.61K | $844.80K | $891.22K | $871.84K | $843.58K | $856.66K | $844.49K | $886.08K | $911.47K | $5.41M | $920.77K | $732.41K | $571.34K | $4.92M | $13.49M | $23.34M | $24.11M | $5.26M | $19.41M | $16.99M | $14.71M | $18.06M | $11.64M | $11.08M | $8.08M | $11.50M | $12.50M | $11.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 31.82% | 40.86% | 4.34% | 2.19% | 2.56% | 2.77% | 6.62% | 1.94% | 1.07% | 0.92% | 0.49% | -4.04% | -0.41% | -4.04% | 121.56% | -2.53% | 0.33% |
4 analysts predict KRP's average Quarter EBITDA for Dec 23 to be $941.80K, with a high of $975.26K and a low of $920.77K. This is -96.28% lower than Kimbell Royalty Partners, LP's previous annual EBITDA (Sep 23) of $25.29M.
Kimbell Royalty Partners, LP Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.58M | $13.47M | $23.32M | $28.39M | $38.35M | $37.87M | $7.33M | $30.72M | $6.71M | $3.09M | $894.37K | $-60.63M | $-16.19M | $-46.43M | $-36.20M | $-47.83M | $-12.77M |
| Avg Forecast | $20.95M | $23.86M | $23.86M | $23.28M | $24.45M | $24.60M | $23.38M | $25.46M | $22.00M | $23.73M | $24.89M | $-12.12M | $31.42M | $33.30M | $18.32M | $-11.02M | $10.42M | $39.69M | $49.00M | $-11.78M | $30.58M | $22.28M | $15.11M | $1.84M | $1.04M | $-4.40M | $-13.53M | $-4.27B | $3.61M | $1.74M |
| High Forecast | $22.19M | $25.27M | $25.27M | $24.65M | $25.88M | $26.05M | $24.75M | $33.95M | $27.80M | $25.12M | $24.90M | $-9.69M | $34.37M | $52.64M | $19.40M | $-8.81M | $12.50M | $39.69M | $49.00M | $-9.43M | $30.58M | $22.28M | $15.11M | $2.21M | $1.04M | $-4.40M | $-13.53M | $-3.41B | $3.61M | $1.74M |
| Low Forecast | $19.53M | $22.24M | $22.24M | $21.70M | $22.78M | $22.93M | $21.79M | $20.61M | $17.37M | $22.11M | $24.88M | $-14.54M | $28.48M | $22.56M | $17.07M | $-13.22M | $8.34M | $39.69M | $49.00M | $-14.14M | $30.58M | $22.28M | $15.11M | $1.47M | $1.04M | $-4.40M | $-13.53M | $-5.12B | $3.61M | $1.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.41% | 0.74% | -2.12% | 2.72% | 0.97% | 0.77% | -0.62% | 1.00% | 0.30% | 0.20% | 0.49% | -58.27% | 3.68% | 3.43% | 0.01% | -13.24% | -7.32% |
Kimbell Royalty Partners, LP's average Quarter net income forecast for Dec 23 is $31.42M, with a range of $28.48M to $34.37M. KRP's average Quarter net income forecast represents a 131.38% increase compared to the company's last Quarter net income of $13.58M (Sep 23).
Kimbell Royalty Partners, LP SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.87M | $10.83M | $11.75M | $10.38M | $11.08M | $12.52M | $10.84M | $9.94M | $9.76M | $9.24M | $10.09M | $9.09M | $8.62M | $8.91M | $2.14B | $7.63M | $8.03M |
| Avg Forecast | $19.30M | $20.21M | $19.44M | $19.31M | $20.37M | $19.93M | $19.28M | $19.35M | $18.94M | $19.46M | $19.74M | $14.63M | $20.40M | $17.21M | $13.06M | $13.30M | $4.45M | $13.17M | $13.61M | $14.22M | $10.95M | $9.59M | $8.30M | $20.76M | $6.57M | $6.26M | $4.56M | $6.49M | $7.05M | $6.71M |
| High Forecast | $20.18M | $21.13M | $20.32M | $20.18M | $21.29M | $20.83M | $20.15M | $19.88M | $19.51M | $19.73M | $19.74M | $17.55M | $21.12M | $20.00M | $13.65M | $15.96M | $5.34M | $13.17M | $13.61M | $17.07M | $10.95M | $9.59M | $8.30M | $24.91M | $6.57M | $6.26M | $4.56M | $6.49M | $7.05M | $6.71M |
| Low Forecast | $18.29M | $19.16M | $18.42M | $18.30M | $19.30M | $18.88M | $18.27M | $18.56M | $18.29M | $19.19M | $19.74M | $11.70M | $19.94M | $15.86M | $12.38M | $10.64M | $3.56M | $13.17M | $13.61M | $11.38M | $10.95M | $9.59M | $8.30M | $16.61M | $6.57M | $6.26M | $4.56M | $6.49M | $7.05M | $6.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.83% | 0.88% | 2.33% | 0.84% | 0.92% | 0.76% | 0.91% | 1.02% | 1.11% | 0.49% | 1.38% | 1.38% | 1.95% | 329.26% | 1.08% | 1.20% |
Kimbell Royalty Partners, LP's average Quarter SG&A projection for Dec 23 is $20.40M, based on 4 Wall Street analysts, with a range of $19.94M to $21.12M. The forecast indicates a 47.11% rise compared to KRP last annual SG&A of $13.87M (Sep 23).
Kimbell Royalty Partners, LP EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.20 | - | $0.37 | $0.48 | $0.69 | $0.66 | $-0.20 | $0.71 | $0.04 | $0.04 | $0.02 | $-1.66 | $-0.50 | $-1.39 | $-1.29 | $-2.27 | $-0.73 |
| Avg Forecast | $0.18 | $0.20 | $0.20 | $0.20 | $0.21 | $0.21 | $0.20 | $0.22 | $0.19 | $0.20 | $0.21 | $0.20 | $0.27 | $0.29 | $0.16 | $0.20 | $0.30 | $0.34 | $0.42 | $0.25 | $0.26 | $0.19 | $0.13 | $0.07 | $0.01 | $-0.04 | $-0.12 | $0.04 | $0.03 | $0.01 |
| High Forecast | $0.19 | $0.22 | $0.22 | $0.21 | $0.22 | $0.22 | $0.21 | $0.29 | $0.24 | $0.22 | $0.21 | $0.20 | $0.30 | $0.45 | $0.17 | $0.21 | $0.32 | $0.34 | $0.42 | $0.25 | $0.26 | $0.19 | $0.13 | $0.07 | $0.01 | $-0.04 | $-0.12 | $0.04 | $0.03 | $0.01 |
| Low Forecast | $0.17 | $0.19 | $0.19 | $0.19 | $0.20 | $0.20 | $0.19 | $0.18 | $0.15 | $0.19 | $0.21 | $0.20 | $0.24 | $0.19 | $0.15 | $0.18 | $0.28 | $0.34 | $0.42 | $0.25 | $0.26 | $0.19 | $0.13 | $0.07 | $0.01 | $-0.04 | $-0.12 | $0.04 | $0.03 | $0.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 0.00% | 1.89% | 1.59% | 2.03% | 1.57% | -0.80% | 2.71% | 0.21% | 0.31% | 0.32% | -186.02% | 13.25% | 11.98% | -35.37% | -73.24% | -48.80% |
According to 4 Wall Street analysts, Kimbell Royalty Partners, LP's projected average Quarter EPS for Dec 23 is $0.27, with a low estimate of $0.24 and a high estimate of $0.30. This represents a 34.96% increase compared to KRP previous annual EPS of $0.20 (Sep 23).