Analysts Set Kimbell Royalty (NYSE:KRP) Price Target at $17.33

Shares of Kimbell Royalty (NYSE:KRP) have been assigned an average rating of “Hold” from the five brokerages that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $17.3333.

Several research analysts have recently issued reports on the company. Weiss Ratings raised Kimbell Royalty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Wall Street Zen cut Kimbell Royalty from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Zacks Research cut Kimbell Royalty from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 22nd. KeyCorp raised Kimbell Royalty from a “sector weight” rating to an “overweight” rating and set a $17.00 price objective for the company in a research report on Thursday, April 2nd. Finally, Mizuho lowered their price objective on Kimbell Royalty from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Friday, February 27th.

Key Kimbell Royalty News

Here are the key news stories impacting Kimbell Royalty this week:

• Positive Sentiment: The company raised its quarterly dividend to $0.41 per unit from $0.37, a double-digit increase that implies an attractive annualized yield of about 11%+ and signals confidence in cash generation. Kimbell Royalty Partners Announces First Quarter 2026 Results
• Positive Sentiment: Management said activity on its acreage remains strong, with 85 active rigs drilling and first-quarter run-rate production of 25,522 Boe/d, which supports the company’s royalty-volume outlook. Kimbell Royalty Partners Announces First Quarter 2026 Results
• Positive Sentiment: Kimbell also repurchased 500,000 common units, suggesting the board sees value at current levels and adding support for the stock. Kimbell Royalty Partners Announces First Quarter 2026 Results
• Neutral Sentiment: Analyst coverage cited by the media remains generally bullish on Kimbell Royalty Partners, which may help sentiment but does not by itself change fundamentals. Analysts Are Bullish on These Energy Stocks: Permian Resources (PR), Kimbell Royalty Partners (KRP)
• Negative Sentiment: Q1 earnings were a clear miss: $0.04 EPS versus $0.23 expected, with revenue of $65.54 million also below estimates, which likely weighs on the shares. Kimbell Royalty (KRP) Q1 Earnings and Revenues Miss Estimates
• Negative Sentiment: Revenue declined 6.7% year over year, reinforcing concerns that the quarter was softer than expected even though the company remains profitable. Kimbell Royalty stock and earnings summary

Kimbell Royalty Trading Up 0.3%

NYSE:KRP opened at $14.56 on Tuesday. The stock has a 50-day simple moving average of $14.57 and a 200-day simple moving average of $13.45. The stock has a market cap of $1.57 billion, a P/E ratio of 31.64, a P/E/G ratio of 2.50 and a beta of 0.29. Kimbell Royalty has a 1 year low of $11.31 and a 1 year high of $15.65. The company has a debt-to-equity ratio of 0.72, a quick ratio of 8.64 and a current ratio of 8.64.

Kimbell Royalty (NYSE:KRP) last released its quarterly earnings data on Thursday, May 7th. The energy company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.19). The business had revenue of $65.54 million for the quarter, compared to analyst estimates of $90.25 million. Kimbell Royalty had a return on equity of 11.43% and a net margin of 22.76%.The company’s revenue was down 6.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.20 earnings per share. As a group, analysts anticipate that Kimbell Royalty will post 1 earnings per share for the current fiscal year.

Kimbell Royalty announced that its board has authorized a stock buyback plan on Monday, March 9th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the energy company to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Kimbell Royalty Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Tuesday, May 19th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 11.3%. The ex-dividend date of this dividend is Tuesday, May 19th. This is an increase from Kimbell Royalty’s previous quarterly dividend of $0.37. Kimbell Royalty’s dividend payout ratio (DPR) is presently 238.71%.

Insider Buying and Selling at Kimbell Royalty

In other news, insider Blayne Rhynsburger sold 6,609 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $14.48, for a total value of $95,698.32. Following the completion of the sale, the insider directly owned 75,163 shares of the company’s stock, valued at approximately $1,088,360.24. The trade was a 8.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.60% of the company’s stock.

Institutional Trading of Kimbell Royalty

Institutional investors and hedge funds have recently made changes to their positions in the company. Ascentis Independent Advisors purchased a new stake in shares of Kimbell Royalty in the 1st quarter valued at about $60,000. State of Wyoming purchased a new stake in shares of Kimbell Royalty in the 3rd quarter valued at about $62,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Kimbell Royalty by 29.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5,450 shares of the energy company’s stock valued at $64,000 after purchasing an additional 1,250 shares during the last quarter. HB Wealth Management LLC purchased a new stake in shares of Kimbell Royalty in the 1st quarter valued at about $145,000. Finally, Marex Group plc purchased a new stake in shares of Kimbell Royalty in the 4th quarter valued at about $118,000. 25.78% of the stock is owned by hedge funds and other institutional investors.

About Kimbell Royalty

Kimbell Royalty Partners LP (NYSE: KRP) is a mineral and royalty company focused on acquiring and managing oil and natural gas royalty interests in the United States. As a master limited partnership, Kimbell Royalty generates fee-like revenues by collecting royalties and overriding royalty interests on production volumes, without directly bearing the capital or operating costs of drilling and completion activities. The partnership’s business model emphasizes steady cash flows and limited downside exposure to commodity price fluctuations.

The company’s asset portfolio spans multiple onshore basins, with a core concentration in Texas and New Mexico.