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NYSE:KNOP

KNOT Offshore Partners (KNOP) Stock Price, News & Analysis

KNOT Offshore Partners logo
$5.83 -0.13 (-2.18%)
(As of 11/29/2024 ET)

About KNOT Offshore Partners Stock (NYSE:KNOP)

Key Stats

Today's Range
$5.76
$5.98
50-Day Range
$5.83
$6.86
52-Week Range
$4.94
$9.11
Volume
74,039 shs
Average Volume
54,214 shs
Market Capitalization
$199.97 million
P/E Ratio
116.60
Dividend Yield
1.72%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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.

KNOT Offshore Partners Stock Analysis - MarketRank™

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21st Percentile Overall Score

KNOP MarketRank™: 

KNOT Offshore Partners scored higher than 21% of companies evaluated by MarketBeat, and ranked 107th out of 128 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for KNOT Offshore Partners.

  • Earnings Growth

    Earnings for KNOT Offshore Partners are expected to grow by 233.33% in the coming year, from $0.15 to $0.50 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of KNOT Offshore Partners is 116.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 107.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of KNOT Offshore Partners is 116.60, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.73.

  • Price to Book Value per Share Ratio

    KNOT Offshore Partners has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about KNOT Offshore Partners' valuation and earnings.
  • Percentage of Shares Shorted

    1.52% of the float of KNOT Offshore Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    KNOT Offshore Partners has a short interest ratio ("days to cover") of 5.6.
  • Change versus previous month

    Short interest in KNOT Offshore Partners has recently increased by 0.38%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    KNOT Offshore Partners pays a meaningful dividend of 1.78%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    KNOT Offshore Partners does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of KNOT Offshore Partners is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, KNOT Offshore Partners will have a dividend payout ratio of 20.00% next year. This indicates that KNOT Offshore Partners will be able to sustain or increase its dividend.

  • Read more about KNOT Offshore Partners' dividend.
  • Percentage of Shares Shorted

    1.52% of the float of KNOT Offshore Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    KNOT Offshore Partners has a short interest ratio ("days to cover") of 5.6.
  • Change versus previous month

    Short interest in KNOT Offshore Partners has recently increased by 0.38%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for KNOT Offshore Partners this week, compared to 1 article on an average week.
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KNOP Stock News Headlines

KNOT Offshore Partners Elects New Director and Auditor
Urgent: This election is rigged
If you missed it, my emergency election broadcast is now available - but will be removed soon
KNOT Offshore Partners LP Announces 2024 Annual Meeting
See More Headlines

KNOP Stock Analysis - Frequently Asked Questions

KNOT Offshore Partners' stock was trading at $5.76 at the beginning of the year. Since then, KNOP shares have increased by 1.2% and is now trading at $5.83.
View the best growth stocks for 2024 here
.

KNOT Offshore Partners LP (NYSE:KNOP) announced its earnings results on Tuesday, September, 3rd. The shipping company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.13) by $0.25. The shipping company earned $74.42 million during the quarter, compared to analyst estimates of $69.84 million. KNOT Offshore Partners had a net margin of 0.66% and a trailing twelve-month return on equity of 2.84%.

KNOT Offshore Partners' top institutional shareholders include GSA Capital Partners LLP (0.09%).

Shares of KNOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that KNOT Offshore Partners investors own include Energy Transfer (ET), Conatus Pharmaceuticals (CNAT), Enterprise Products Partners (EPD), AT&T (T), Rithm Capital (RITM), ONEOK (OKE) and Realty Income (O).

Company Calendar

Last Earnings
9/03/2024
Ex-Dividend for 11/7 Dividend
10/28/2024
Dividend Payable
11/07/2024
Today
12/01/2024
Next Earnings (Confirmed)
12/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Transportation
Employees
1
Year Founded
N/A

Profitability

Net Income
$-33,570,000.00
Pretax Margin
-0.71%

Debt

Sales & Book Value

Annual Sales
$290.72 million
Cash Flow
$3.71 per share
Book Value
$15.25 per share

Miscellaneous

Free Float
N/A
Market Cap
$199.97 million
Optionable
Optionable
Beta
0.76
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This page (NYSE:KNOP) was last updated on 12/1/2024 by MarketBeat.com Staff
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