Kimbell Royalty Partners, LP (KRP)
NYSE: KRP · Real-Time Price · USD
16.05
+0.01 (0.06%)
Oct 31, 2024, 4:00 PM EDT - Market closed
KRP Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for KRP stock have an average target of 19.6, with a low estimate of 16 and a high estimate of 21. The average target predicts an increase of 22.12% from the current stock price of 16.05.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for KRP stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $21 → $20 | Buy | Maintains | $21 → $20 | +24.61% | Oct 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $23 → $21 | Strong Buy | Maintains | $23 → $21 | +30.84% | Sep 30, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $22 → $23 | Strong Buy | Maintains | $22 → $23 | +43.30% | Aug 2, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $21 → $22 | Strong Buy | Maintains | $21 → $22 | +37.07% | Jul 22, 2024 |
| B of A Securities | B of A Securities | Sell Initiates $16 | Sell | Initiates | $16 | -0.31% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
327.78M
from 273.18M
Increased by 19.99%
Revenue Next Year
350.63M
from 327.78M
Increased by 6.97%
EPS This Year
0.52
from 0.91
Decreased by -43.33%
EPS Next Year
0.72
from 0.52
Increased by 39.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 344.4M | 393.8M | 347.8M |
| Avg | 327.8M | 350.6M | 334.6M |
| Low | 313.5M | 323.2M | 324.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.1% | 20.1% | -0.8% |
| Avg | 20.0% | 7.0% | -4.6% |
| Low | 14.7% | -1.4% | -7.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.62 | 0.83 | 0.72 |
| Avg | 0.52 | 0.72 | 0.69 |
| Low | 0.35 | 0.55 | 0.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -31.8% | 61.0% | -0.6% |
| Avg | -43.3% | 39.6% | -4.4% |
| Low | -61.2% | 6.5% | -7.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.