In Friday’s Wall Street session, Kimbell Royalty Partners LP (NYSE:KRP) shares traded at $13.08, up 0.62% from the previous session.
KRP stock price is now 0.42% away from the 50-day moving average and -13.19% away from the 200-day moving average. The market capitalization of the company currently stands at $1.41B.
With the price target of $16, Mizuho recently initiated with Neutral rating for Kimbell Royalty Partners LP (NYSE: KRP). On March 04, 2025, Truist Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $22 to quote $16, while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, Rhynsburger Blayne, Controller sold 7,851 shares of the company’s stock on Mar 18 ’25. The stock was sold for $108,815 at an average price of $13.86. Upon completion of the transaction, the Controller now directly owns 49,263 shares in the company, valued at $0.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Director Wynne Mitch S. sold 22,000 shares of the business’s stock. A total of $302,940 was realized by selling the stock at an average price of $13.77. This leaves the insider owning 268,463 shares of the company worth $3.51 million. A total of 5.10% of the company’s stock is owned by insiders.
During the past 12 months, Kimbell Royalty Partners LP has had a low of $10.98 and a high of $17.07. As of last week, the company has a debt-to-equity ratio of 0.51, a current ratio of 6.00, and a quick ratio of 6.00. The fifty day moving average price for KRP is $13.0254 and a two-hundred day moving average price translates $15.0668 for the stock.
The latest earnings results from Kimbell Royalty Partners LP (NYSE: KRP) was released for 2025-03-31. The net profit margin was 8.60% and return on equity was 4.40% for KRP. The company reported revenue of $84.21 million for the quarter, compared to $82.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.4 percent. For the current quarter, analysts expect KRP to generate $79.55M in revenue.
