Kimbell Royalty Partners, LP (KRP)
NYSE: KRP · IEX Real-Time Price · USD
16.09
+0.13 (0.81%)
Apr 19, 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 20.4, with a low estimate of 20 and a high estimate of 21. The average target predicts an increase of 26.79% from the current stock price of 16.09.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
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 | +30.52% | Apr 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy Initiates $22 | Strong Buy | Initiates | $22 | +36.73% | Jan 30, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $22 → $20 | Strong Buy | Maintains | $22 → $20 | +24.30% | Jan 24, 2024 |
| Keybanc | Keybanc | Buy Maintains $21 → $20 | Buy | Maintains | $21 → $20 | +24.30% | Jan 11, 2024 |
| Stifel | Stifel | Strong Buy Maintains $22 → $21 | Strong Buy | Maintains | $22 → $21 | +30.52% | Nov 27, 2023 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.3% | 19.3% | 18.1% |
| Avg | 14.9% | 9.7% | 3.9% |
| Low | 4.7% | 1.2% | -8.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.