Q4 Earnings Estimate for Kimbell Royalty Issued By KeyCorp

Kimbell Royalty (NYSE:KRP) – Investment analysts at KeyCorp raised their Q4 2026 earnings per share estimates for shares of Kimbell Royalty in a research report issued to clients and investors on Wednesday, April 1st. KeyCorp analyst T. Rezvan now anticipates that the energy company will post earnings per share of $0.26 for the quarter, up from their previous forecast of $0.20. KeyCorp currently has a “Overweight” rating and a $17.00 target price on the stock. The consensus estimate for Kimbell Royalty’s current full-year earnings is $0.65 per share. KeyCorp also issued estimates for Kimbell Royalty’s Q1 2027 earnings at $0.25 EPS, Q2 2027 earnings at $0.21 EPS, Q3 2027 earnings at $0.20 EPS, Q4 2027 earnings at $0.22 EPS and FY2027 earnings at $0.88 EPS.

Kimbell Royalty (NYSE:KRP) last released its earnings results on Thursday, February 26th. The energy company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.07. Kimbell Royalty had a return on equity of 13.73% and a net margin of 26.43%.The firm had revenue of $82.45 million for the quarter, compared to analyst estimates of $76.78 million. During the same quarter in the prior year, the firm posted ($0.48) earnings per share. The company’s quarterly revenue was up 23.7% on a year-over-year basis.

KRP has been the subject of a number of other research reports. Wall Street Zen cut shares of Kimbell Royalty from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Citigroup lifted their price target on shares of Kimbell Royalty from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday. Weiss Ratings raised shares of Kimbell Royalty from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 2nd. Mizuho lowered their price objective on shares of Kimbell Royalty from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Finally, Zacks Research downgraded Kimbell Royalty from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Kimbell Royalty presently has a consensus rating of “Hold” and an average target price of $17.33.

Kimbell Royalty Stock Performance

Shares of KRP stock opened at $14.74 on Friday. The stock has a market cap of $1.59 billion, a PE ratio of 23.77, a price-to-earnings-growth ratio of 3.48 and a beta of 0.29. The stock has a 50-day moving average of $14.20 and a 200-day moving average of $13.26. The company has a debt-to-equity ratio of 0.72, a current ratio of 8.64 and a quick ratio of 8.64. Kimbell Royalty has a one year low of $10.98 and a one year high of $15.12.

Institutional Trading of Kimbell Royalty

Institutional investors have recently made changes to their positions in the business. Nordea Investment Management AB increased its stake in Kimbell Royalty by 18.3% in the 4th quarter. Nordea Investment Management AB now owns 220,716 shares of the energy company’s stock valued at $2,585,000 after buying an additional 34,175 shares during the last quarter. Mirador Capital Partners LP boosted its stake in shares of Kimbell Royalty by 279.5% during the 3rd quarter. Mirador Capital Partners LP now owns 238,266 shares of the energy company’s stock worth $3,214,000 after buying an additional 175,480 shares during the last quarter. Beacon Pointe Advisors LLC grew its holdings in shares of Kimbell Royalty by 200.9% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 129,243 shares of the energy company’s stock valued at $1,804,000 after acquiring an additional 86,291 shares in the last quarter. Corient Private Wealth LLC bought a new position in shares of Kimbell Royalty in the 2nd quarter valued at about $944,000. Finally, American Century Companies Inc. increased its position in shares of Kimbell Royalty by 9.2% in the third quarter. American Century Companies Inc. now owns 3,026,429 shares of the energy company’s stock valued at $40,827,000 after acquiring an additional 255,688 shares during the last quarter. Institutional investors own 25.78% of the company’s stock.

Insider Buying and Selling

In other Kimbell Royalty news, insider Blayne Rhynsburger sold 6,609 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $14.48, for a total transaction of $95,698.32. Following the completion of the transaction, the insider owned 75,163 shares of the company’s stock, valued at $1,088,360.24. This represents a 8.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 5.60% of the company’s stock.

Kimbell Royalty declared that its Board of Directors has approved a stock repurchase plan on Monday, March 9th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the energy company to purchase up to 6.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Kimbell Royalty Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 18th were given a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, March 18th. This represents a $1.48 dividend on an annualized basis and a yield of 10.0%. This is a boost from Kimbell Royalty’s previous quarterly dividend of $0.35. Kimbell Royalty’s payout ratio is 238.71%.

Key Headlines Impacting Kimbell Royalty

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

• Positive Sentiment: KeyCorp/KeyBanc upgraded Kimbell from “sector weight” to “overweight” and set a $17 price target (roughly mid‑teens upside from recent levels), highlighting the company’s yield and total‑return appeal. Read More.
• Positive Sentiment: KeyCorp raised its FY2027 EPS view to $0.88 (from $0.80) and lifted several quarterly forecasts (Q1–Q3/Q4 2026/2027 mostly higher), signaling analyst confidence in stronger cash flow and distribution sustainability — a potential driver for upside if realized.
• Positive Sentiment: Separate coverage notes highlight Kimbell as a compelling yield opportunity amid sector repositioning at KeyBanc, which may draw income‑oriented buyers. Read More.
• Positive Sentiment: Citigroup published a bullish note forecasting strong price appreciation for KRP, adding another institutional vote of confidence that can support demand for the shares. Read More.
• Neutral Sentiment: Analyst estimate changes are mixed at the quarterly level (some small raises and one modest cut for a late‑2027 quarter). While KeyCorp’s net view improved, individual quarter tweaks add noise that may temper near‑term reaction until company results confirm the trajectory.
• Negative Sentiment: KeyCorp slightly cut its Q4 2027 EPS estimate (to $0.22 from $0.23), a minor downward revision that could be cited by short‑term traders as a reason to lock in gains; impact is small but noted by the market.

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.