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Kimbell Royalty Partners - KRP Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $21.00
  • Forecasted Upside: 38.25%
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 1 Strong Buy Ratings
$15.19 As of 09/6/2024 01:00 AM ET
▼ -0.04 (-0.26%)

This chart shows the closing price for KRP by one month, three months, or twelve months.

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Analyst Price Target for KRP

Analyst Price Target is $21.00
▲ +38.25% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Kimbell Royalty Partners in the last 3 months. The average price target is $21.00, with a high forecast of $25.00 and a low forecast of $16.00. The average price target represents a 38.25% upside from the last price of $15.19.

This chart shows the closing price for KRP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 6 contributing investment analysts is to moderate buy stock in Kimbell Royalty Partners. This rating has held steady since October 2023, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/18/2023
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/16/2023
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/14/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
12/13/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/12/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
6/10/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
8/9/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
9/8/2024

Latest Recommendations

  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/2/2024Truist FinancialBoost TargetBuy ➝ Buy$22.00 ➝ $23.00Low
7/22/2024Truist FinancialBoost TargetBuy ➝ Buy$21.00 ➝ $22.00Low
6/14/2024Bank of AmericaReiterated RatingUnderperform$16.00Low
4/22/2024KeyCorpBoost TargetOverweight ➝ Overweight$20.00 ➝ $21.00Low
4/5/2024Truist FinancialLower TargetBuy ➝ Buy$22.00 ➝ $21.00Low
2/22/2024TD SecuritiesLower TargetBuy$26.00 ➝ $25.00Low
1/30/2024Truist FinancialInitiated CoverageBuy$22.00Low
1/24/2024Raymond JamesLower TargetStrong-Buy ➝ Strong-Buy$22.00 ➝ $20.00Low
1/11/2024KeyCorpLower TargetOverweight ➝ Overweight$21.00 ➝ $20.00Low
11/27/2023Stifel NicolausLower TargetBuy ➝ Buy$22.00 ➝ $21.00Low
10/30/2023Bank of AmericaInitiated CoverageBuy$19.00Low
8/25/2023Stifel NicolausBoost TargetBuy ➝ Buy$19.00 ➝ $22.00Low
8/7/2023Raymond JamesBoost TargetStrong-Buy ➝ Strong-Buy$20.00 ➝ $22.00Low
6/30/2023CitigroupReiterated RatingBuy ➝ Buy$20.00Low
4/14/2023Raymond JamesBoost TargetStrong-Buy$19.00 ➝ $21.00Low
4/12/2023Stifel NicolausLower TargetBuy$22.00 ➝ $18.00Low
1/26/2023Raymond JamesLower TargetStrong-Buy$26.00 ➝ $23.00Low
9/19/2022KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
8/24/2022CitigroupInitiated CoverageBuy$24.00Low
4/25/2022Raymond JamesBoost TargetStrong-Buy$22.00 ➝ $25.00High
4/13/2022StephensInitiated CoverageOverweight$22.00High
4/11/2022KeyCorpBoost TargetOverweight$17.00 ➝ $18.00High
3/28/2022Raymond JamesBoost TargetStrong-Buy$21.00 ➝ $22.00High
1/25/2022Raymond JamesLower TargetStrong-Buy$22.00 ➝ $21.00High
1/21/2022KeyCorpBoost TargetOverweight$16.00 ➝ $17.00Medium
11/30/2021Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$15.00 ➝ $18.00High
10/26/2021Raymond JamesBoost TargetStrong-Buy$20.00 ➝ $22.00High
10/20/2021KeyCorpBoost TargetOverweight$14.00 ➝ $16.00Medium
9/14/2021Raymond JamesBoost TargetStrong-Buy$18.00 ➝ $20.00High
7/27/2021Raymond JamesReiterated RatingStrong-Buy$17.00 ➝ $12.10Low
6/16/2021KeyCorpBoost TargetOverweight$13.00 ➝ $14.00Low
5/14/2021KeyCorpBoost TargetOverweight$12.00 ➝ $13.00Low
5/10/2021Raymond JamesBoost TargetStrong-Buy$14.00 ➝ $17.00Low
3/24/2021Wells Fargo & CompanyReiterated RatingOverweight ➝ Equal Weight$15.00Medium
3/18/2021Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$15.00High
3/4/2021Raymond JamesBoost TargetStrong-Buy$13.00 ➝ $14.00Low
12/8/2020Raymond JamesBoost TargetStrong-Buy$9.00 ➝ $12.00Medium
11/6/2020Credit Suisse GroupLower TargetOutperform$12.00 ➝ $10.00High
11/6/2020TD SecuritiesLower TargetBuy$14.50 ➝ $14.00High
7/26/2020Royal Bank of CanadaReiterated RatingBuy$13.00Medium
7/20/2020Raymond JamesInitiated CoverageStrong-Buy$10.00Low
7/10/2020StephensReiterated RatingOverweight$11.00Low
7/7/2020TD SecuritiesInitiated CoverageBuy$18.50Medium
5/11/2020SunTrust BanksLower TargetHold$10.00 ➝ $9.00Medium
4/22/2020Imperial CapitalLower TargetOutperform$15.00 ➝ $7.00Low
3/30/2020KeyCorpLower TargetOverweight$14.00 ➝ $11.00Low
3/19/2020Credit Suisse GroupReiterated RatingOutperformHigh
3/18/2020Royal Bank of CanadaReiterated RatingBuy$13.00High
2/28/2020Imperial CapitalLower TargetOutperform$19.00 ➝ $15.00High
1/22/2020KeyCorpInitiated CoverageOverweight$18.00Low
1/15/2020Imperial CapitalBoost TargetOutperform$18.00 ➝ $19.00Low
1/14/2020Raymond JamesReiterated RatingStrong-Buy$19.00 ➝ $20.00Low
1/8/2020Stifel NicolausInitiated CoverageBuy$21.00High
12/19/2019UBS GroupBoost TargetBuy$20.00 ➝ $22.00Medium
10/15/2019Wells Fargo & CompanyLower TargetOutperform$20.00 ➝ $19.00Medium
10/4/2019Wells Fargo & CompanyInitiated CoverageOutperformHigh
(Data available from 9/8/2019 forward)

News Sentiment Rating

1.01 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/11/2024
  • 6 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/12/2024
  • 11 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/11/2024
  • 7 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/11/2024
  • 6 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
6/10/2024
  • 6 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/10/2024
  • 4 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/9/2024
  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/8/2024

Current Sentiment

  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Kimbell Royalty Partners logo
Kimbell Royalty Partners, LP, together with its subsidiaries, engages in acquiring and owning mineral and royalty interests in oil and natural gas properties in the United States. It serves as the general partner of the company. The company was incorporated in 2015 and is based in Fort Worth, Texas.
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Today's Range

Now: $15.19
Low: $15.07
High: $15.31

50 Day Range

MA: $16.23
Low: $15.19
High: $17.05

52 Week Range

Now: $15.19
Low: $14.26
High: $17.11

Volume

324,195 shs

Average Volume

362,980 shs

Market Capitalization

$1.45 billion

P/E Ratio

25.32

Dividend Yield

10.96%

Beta

1.13

Frequently Asked Questions

What sell-side analysts currently cover shares of Kimbell Royalty Partners?

The following sell-side analysts have issued reports on Kimbell Royalty Partners in the last twelve months: Bank of America Co., KeyCorp, Raymond James, Stifel Nicolaus, TD Securities, and Truist Financial Co..
View the latest analyst ratings for KRP.

What is the current price target for Kimbell Royalty Partners?

6 Wall Street analysts have set twelve-month price targets for Kimbell Royalty Partners in the last year. Their average twelve-month price target is $21.00, suggesting a possible upside of 38.2%. TD Securities has the highest price target set, predicting KRP will reach $25.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $16.00 for Kimbell Royalty Partners in the next year.
View the latest price targets for KRP.

What is the current consensus analyst rating for Kimbell Royalty Partners?

Kimbell Royalty Partners currently has 1 sell rating, 4 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for KRP.

What other companies compete with Kimbell Royalty Partners?

Other companies that are similar to Kimbell Royalty Partners include Chord Energy, Valvoline, Magnolia Oil & Gas, Vista Energy and Sasol. Learn More about companies similar to Kimbell Royalty Partners.

How do I contact Kimbell Royalty Partners' investor relations team?

Kimbell Royalty Partners' physical mailing address is 777 TAYLOR STREET SUITE 810, FORT WORTH TX, 76102. The energy company's listed phone number is (817) 945-9700 and its investor relations email address is [email protected]. The official website for Kimbell Royalty Partners is www.kimbellrp.com. Learn More about contacing Kimbell Royalty Partners investor relations.