Equities Analysts Issue Forecasts for KNOP Q1 Earnings

KNOT Offshore Partners LP (NYSE:KNOP - Free Report) - Investment analysts at B. Riley issued their Q1 2025 earnings per share estimates for KNOT Offshore Partners in a research note issued on Thursday, March 20th. B. Riley analyst L. Burke expects that the shipping company will earn $0.14 per share for the quarter. The consensus estimate for KNOT Offshore Partners' current full-year earnings is $0.12 per share. B. Riley also issued estimates for KNOT Offshore Partners' Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.11 EPS and FY2026 earnings at $0.66 EPS.

Separately, StockNews.com upgraded KNOT Offshore Partners from a "hold" rating to a "buy" rating in a research note on Wednesday.

KNOT Offshore Partners Stock Up 0.3 %

Shares of NYSE KNOP traded up $0.02 on Monday, reaching $6.76. 45,933 shares of the company's stock traded hands, compared to its average volume of 88,824. The business's 50 day simple moving average is $5.68 and its two-hundred day simple moving average is $5.99. KNOT Offshore Partners has a 12 month low of $4.94 and a 12 month high of $9.11. The company has a market cap of $231.81 million, a price-to-earnings ratio of -15.72 and a beta of 0.70. The company has a quick ratio of 0.42, a current ratio of 0.44 and a debt-to-equity ratio of 1.52.

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KNOT Offshore Partners (NYSE:KNOP - Get Free Report) last issued its quarterly earnings results on Wednesday, March 19th. The shipping company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.51. KNOT Offshore Partners had a negative net margin of 4.82% and a negative return on equity of 0.29%. The company had revenue of $91.26 million during the quarter, compared to analyst estimates of $76.50 million.

KNOT Offshore Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Monday, January 27th were given a dividend of $0.026 per share. This represents a $0.10 annualized dividend and a yield of 1.54%. The ex-dividend date was Monday, January 27th. KNOT Offshore Partners's dividend payout ratio (DPR) is 24.39%.

Institutional Trading of KNOT Offshore Partners

Institutional investors and hedge funds have recently bought and sold shares of the company. Cubist Systematic Strategies LLC grew its holdings in shares of KNOT Offshore Partners by 15.9% during the fourth quarter. Cubist Systematic Strategies LLC now owns 13,589 shares of the shipping company's stock valued at $74,000 after buying an additional 1,865 shares during the last quarter. Transce3nd LLC purchased a new stake in KNOT Offshore Partners during the 4th quarter valued at $77,000. Virtu Financial LLC purchased a new stake in KNOT Offshore Partners during the 4th quarter valued at $135,000. Jane Street Group LLC bought a new stake in shares of KNOT Offshore Partners in the 4th quarter worth $184,000. Finally, Trexquant Investment LP raised its stake in shares of KNOT Offshore Partners by 170.4% in the fourth quarter. Trexquant Investment LP now owns 37,938 shares of the shipping company's stock worth $207,000 after purchasing an additional 23,907 shares during the last quarter. 26.82% of the stock is currently owned by institutional investors.

KNOT Offshore Partners Company Profile

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.