<div id="readability-page-1"><p>Shares of Kimbell Royalty (NYSE:KRP - Get Free Report) have been assigned an average rating of &#34;Reduce&#34; from the seven research firms that are presently  covering the firm, MarketBeat Ratings reports. One equities research analyst  has rated the stock with a sell rating and six have issued  a hold rating on  the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $17.20.</p><div><p><span></span><span>Get <strong>Kimbell Royalty</strong> alerts:</span></p></div><ul><li>5 Top-Rated Dividend Stocks With Double-Digit Upside</li></ul><p>A number of brokerages have weighed in on KRP. KeyCorp  reissued a &#34;sector weight&#34; rating on shares of Kimbell Royalty in a research report on Monday, November 24th. Wall Street Zen upgraded shares of Kimbell Royalty from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Saturday, November 15th. Zacks Research raised shares of Kimbell Royalty from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Tuesday, October 28th. Finally, Weiss Ratings  restated a &#34;hold (c-)&#34; rating on shares of Kimbell Royalty in a report on Wednesday, October 8th.</p><p><b>View Our Latest Stock Analysis on Kimbell Royalty</b></p><h2>Institutional Trading of Kimbell Royalty</h2><ul><li>The 5 top-rated dividend stocks by analysts</li></ul><p>Hedge funds have recently bought and sold shares of the company. Hilltop National Bank bought a new position in  Kimbell Royalty in the second quarter valued at about $42,000.  Legacy Investment Solutions LLC purchased a new stake in shares of  Kimbell Royalty during the 2nd quarter valued at about $56,000.  MAI Capital Management increased its position in shares of  Kimbell Royalty by 4,300.0% during the 1st quarter. MAI Capital Management now owns 4,400 shares of the energy company's stock valued at $62,000 after purchasing an additional 4,300 shares during the last quarter.  State of Wyoming purchased a new stake in  Kimbell Royalty in the third quarter worth about $62,000.  Finally, Westwood Holdings Group Inc. bought a new position in shares of  Kimbell Royalty in the second quarter worth about $140,000. Hedge funds and other institutional investors own  25.78% of the company's stock. </p><h2>Kimbell Royalty Stock Performance</h2><p>KRP stock opened at $12.82 on Friday. The stock has a market capitalization of $1.38 billion, a PE ratio of -183.20 and a beta of 0.33. Kimbell Royalty has a 12-month low of $10.98 and a 12-month high of $16.59. The company has a current ratio of 5.39, a quick ratio of 5.39 and a debt-to-equity ratio of 0.72. The stock's 50 day simple moving average is $13.15 and its 200 day simple moving average is $13.67. </p><p>Kimbell Royalty (NYSE:KRP - Get Free Report) last posted its earnings results on Thursday, November 6th. The energy company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.06. Kimbell Royalty had a return on equity of 12.51% and a net margin of 10.66%.The business had revenue of $80.62 million during the quarter, compared to analyst estimates of $82.68 million. During the same quarter last year, the company earned $0.22 EPS. The company's quarterly revenue was down 3.8% compared to the same quarter last year.  As a group, research analysts forecast that  Kimbell Royalty will post 0.65 earnings per share for the current fiscal year. </p><h2>Kimbell Royalty Cuts Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, November 17th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.9%. The ex-dividend date was Monday, November 17th. Kimbell Royalty's dividend payout ratio (DPR) is -2,000.00%. </p><h2>Kimbell Royalty Company Profile</h2> (Get Free Report)<h2>Featured Articles</h2><ul><li>Five stocks we like better than Kimbell Royalty</li><li>Top Stocks Investing in 5G Technology</li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>Canada Bond Market Holiday: How to Invest and Trade </li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>3 Dividend Kings To Consider</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtSUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtSUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Kimbell Royalty Right Now?</h2><p>Before you consider Kimbell Royalty, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kimbell Royalty wasn't on the list.</p><p>While Kimbell Royalty currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Kimbell Royalty (NYSE:KRP) has been given a consensus rating of "Reduce" by seven research firms. Analysts have set a 12-month target price of $17.20. The stock opened at $12.82 with a market cap of $1.38 billion. Kimbell Royalty reported $0.19 EPS for the quarter, beating estimates. The company declared a quarterly dividend of $0.35, yielding 10.9%. Hedge funds own 25.78% of the stock. Analysts forecast 0.65 EPS for the fiscal year.</p>

Kimbell Royalty (NYSE:KRP) Given Consensus Rating of "Reduce" by Analysts