Kimbell Royalty Partners, LP (KRP)
NYSE: KRP · IEX Real-Time Price · USD
16.00
+0.14 (0.88%)
At close: Apr 17, 2024, 4:00 PM
15.95
-0.05 (-0.31%)
After-hours: Apr 17, 2024, 5:27 PM EDT

KRP Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for KRP stock have an average target of 20.4, with a low estimate of 20 and a high estimate of 21. The average target predicts an increase of 27.50% from the current stock price of 16.00.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $20 $20.4 $20 $21
Change +25.00% +27.50% +25.00% +31.25%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 334444
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 445555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Strong Buy
Maintains
$22$21
Strong Buy Maintains $22$21 +31.25% Apr 5, 2024
Truist Securities
Truist Securities
Strong Buy
Initiates
$22
Strong Buy Initiates $22 +37.50% Jan 30, 2024
Raymond James
Raymond James
Strong Buy
Maintains
$22$20
Strong Buy Maintains $22$20 +25.00% Jan 24, 2024
Keybanc
Keybanc
Buy
Maintains
$21$20
Buy Maintains $21$20 +25.00% Jan 11, 2024
Stifel
Stifel
Strong Buy
Maintains
$22$21
Strong Buy Maintains $22$21 +31.25% Nov 27, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
337.96M
from 294.07M
Increased by 14.93%
Revenue Next Year
370.86M
from 337.96M
Increased by 9.73%
EPS This Year
0.81
from 0.91
Decreased by -10.62%
EPS Next Year
0.98
from 0.81
Increased by 20.53%
Year 20192020202120222023202420252026
Revenue
108.23M90.48M135.62M248.06M294.07M337.96M370.86M385.27M
Revenue Growth
54.04%-16.39%49.88%82.91%18.55%14.93%9.73%3.89%
EPS
-3.92-4.850.511.720.910.810.981.03
EPS Growth
---237.25%-47.09%-10.62%20.53%5.55%
No. Analysts -----663
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 380.1M 403.2M 437.9M
Avg 338.0M 370.9M 385.3M
Low 307.9M 342.1M 339.0M

Revenue Growth

Revenue Growth 202420252026
High
29.3%
19.3%
18.1%
Avg
14.9%
9.7%
3.9%
Low
4.7%
1.2%
-8.6%

EPS Forecast

EPS 202420252026
High 0.92 1.07 1.31
Avg 0.81 0.98 1.03
Low 0.74 0.89 0.78

EPS Growth

EPS Growth 202420252026
High
1.5%
31.7%
33.9%
Avg
-10.6%
20.5%
5.5%
Low
-18.2%
9.9%
-20.1%
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.