Kimbell Royalty Partners, LP (KRP)
NYSE: KRP · Real-Time Price · USD
15.94
-0.01 (-0.06%)
Jan 21, 2025, 4:00 PM EST - Market closed

KRP Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for KRP stock have an average target of 19.5, with a low estimate of 16 and a high estimate of 22. The average target predicts an increase of 22.33% from the current stock price of 15.94.

Analyst Consensus: Buy
Target Low Average Median High
Price $16 $19.5 $20 $22
Change +0.38% +22.33% +25.47% +38.02%

Analyst Ratings

The average analyst rating for KRP stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 333332
Buy 111111
Hold 000000
Sell 111111
Strong Sell 000000
Total 555554

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Strong Buy
Maintains
$21$22
Strong Buy Maintains $21$22 +38.02% Jan 13, 2025
Keybanc
Keybanc
Buy
Maintains
$21$20
Buy Maintains $21$20 +25.47% Oct 16, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$23$21
Strong Buy Maintains $23$21 +31.74% Sep 30, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$22$23
Strong Buy Maintains $22$23 +44.29% Aug 2, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$21$22
Strong Buy Maintains $21$22 +38.02% Jul 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
321.98M
from 273.18M
Increased by 17.86%
Revenue Next Year
349.72M
from 321.98M
Increased by 8.62%
EPS This Year
0.60
from 0.91
Decreased by -33.71%
EPS Next Year
0.82
from 0.60
Increased by 35.67%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
109.96M92.93M178.41M285.04M273.18M321.98M349.72M363.95M
Revenue Growth
64.30%-15.48%91.98%59.77%-4.16%17.86%8.62%4.07%
EPS
-3.92-4.850.511.720.910.600.820.85
EPS Growth
---237.43%-47.22%-33.71%35.67%3.40%
Forward PE
-----26.4619.5018.86
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 341.0M 406.4M 425.3M
Avg 322.0M 349.7M 364.0M
Low 305.8M 288.5M 311.8M

Revenue Growth

Revenue Growth 202420252026
High
24.8%
26.2%
21.6%
Avg
17.9%
8.6%
4.1%
Low
11.9%
-10.4%
-10.8%

EPS Forecast

EPS 202420252026
High 0.70 1.18 1.12
Avg 0.60 0.82 0.85
Low 0.51 0.57 0.49

EPS Growth

EPS Growth 202420252026
High
-22.6%
95.2%
37.5%
Avg
-33.7%
35.7%
3.4%
Low
-43.9%
-5.7%
-40.0%
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.