Kimbell Royalty Partners, LP (KRP)
NYSE: KRP · Real-Time Price · USD
16.04
0.00 (0.00%)
Nov 22, 2024, 4:00 PM EST - 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 22.19% from the current stock price of 16.04.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 16, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 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 | +24.69% | Oct 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $23 → $21 | Strong Buy | Maintains | $23 → $21 | +30.92% | Sep 30, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $22 → $23 | Strong Buy | Maintains | $22 → $23 | +43.39% | Aug 2, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $21 → $22 | Strong Buy | Maintains | $21 → $22 | +37.16% | Jul 22, 2024 |
| B of A Securities | B of A Securities | Sell Initiates $16 | Sell | Initiates | $16 | -0.25% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
326.28M
from 273.18M
Increased by 19.44%
Revenue Next Year
343.43M
from 326.28M
Increased by 5.26%
EPS This Year
0.56
from 0.91
Decreased by -38.30%
EPS Next Year
0.84
from 0.56
Increased by 49.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 344.4M | 393.8M | 390.6M |
| Avg | 326.3M | 343.4M | 353.6M |
| Low | 313.8M | 319.5M | 331.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.1% | 20.7% | 13.7% |
| Avg | 19.4% | 5.3% | 2.9% |
| Low | 14.9% | -2.1% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.67 | 1.23 | 1.27 |
| Avg | 0.56 | 0.84 | 0.91 |
| Low | 0.35 | 0.55 | 0.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -26.1% | 119.1% | 51.1% |
| Avg | -38.3% | 50.0% | 8.3% |
| Low | -61.2% | -2.1% | -14.9% |
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.