KNOT Offshore Partners (NYSE:KNOP - Get Free Report) will likely be releasing its earnings data before the market opens on Monday, February 24th. Analysts expect KNOT Offshore Partners to post earnings of $0.04 per share and revenue of $76.50 million for the quarter.
KNOT Offshore Partners (NYSE:KNOP - Get Free Report) last announced its earnings results on Wednesday, December 4th. The shipping company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.07). KNOT Offshore Partners had a negative net margin of 4.82% and a negative return on equity of 0.29%. During the same quarter in the prior year, the firm posted $0.37 EPS. On average, analysts expect KNOT Offshore Partners to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
KNOT Offshore Partners Stock Up 3.2 %
KNOP stock traded up $0.18 on Thursday, reaching $5.58. 39,799 shares of the company traded hands, compared to its average volume of 66,236. KNOT Offshore Partners has a one year low of $4.94 and a one year high of $9.11. The firm has a fifty day simple moving average of $5.70 and a 200-day simple moving average of $6.22. The company has a market cap of $191.22 million, a P/E ratio of -12.96 and a beta of 0.75. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.44 and a quick ratio of 0.42.
KNOT Offshore Partners Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, January 27th were issued a dividend of $0.026 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend was Monday, January 27th. KNOT Offshore Partners's payout ratio is -23.26%.
Analyst Ratings Changes
Separately, StockNews.com upgraded KNOT Offshore Partners from a "hold" rating to a "buy" rating in a report on Friday, December 6th.
Check Out Our Latest Research Report on KNOP
About KNOT Offshore Partners
(
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KNOT Offshore Partners LP acquires, owns, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, and discharge of crude oil under time charters and bareboat charters. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
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