KeyCorp Has Positive Outlook of Kimbell Royalty Q1 Earnings

Kimbell Royalty (NYSE:KRP) – Equities research analysts at KeyCorp boosted their Q1 2026 earnings per share (EPS) estimates for Kimbell Royalty in a research report issued to clients and investors on Wednesday, April 1st. KeyCorp analyst T. Rezvan now forecasts that the energy company will post earnings per share of $0.24 for the quarter, up from their previous forecast of $0.17. 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 Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.25 EPS and FY2026 earnings at $1.01 EPS.

A number of other equities analysts also recently commented on the company. Citigroup lifted their price target on Kimbell Royalty from $17.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, March 31st. Zacks Research downgraded Kimbell Royalty from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 22nd. Mizuho cut their target price on shares of Kimbell Royalty from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. Weiss Ratings raised shares of Kimbell Royalty from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 2nd. Finally, Wall Street Zen cut shares of Kimbell Royalty from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Kimbell Royalty has an average rating of “Hold” and a consensus price target of $17.33.

Kimbell Royalty Stock Up 0.0%

Shares of Kimbell Royalty stock opened at $14.99 on Tuesday. The business has a 50-day moving average of $14.28 and a 200-day moving average of $13.28. The company has a debt-to-equity ratio of 0.72, a current ratio of 8.64 and a quick ratio of 8.64. The company has a market capitalization of $1.62 billion, a PE ratio of 24.17, a P/E/G ratio of 3.48 and a beta of 0.29. Kimbell Royalty has a 1-year low of $10.98 and a 1-year high of $15.12.

Kimbell Royalty (NYSE:KRP) last announced 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. The company had revenue of $82.45 million during the quarter, compared to the consensus estimate of $76.78 million. Kimbell Royalty had a return on equity of 13.73% and a net margin of 26.43%.The company’s revenue was up 23.7% on a year-over-year basis. During the same period last year, the firm earned ($0.48) earnings per share.

Kimbell Royalty declared that its board has approved a share buyback plan on Monday, March 9th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the energy company to buy up to 6.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Kimbell Royalty Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 18th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 9.9%. This is a boost from Kimbell Royalty’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Wednesday, March 18th. Kimbell Royalty’s dividend payout ratio is presently 238.71%.

Insider Buying and Selling at Kimbell Royalty

In other news, insider Blayne Rhynsburger sold 6,609 shares of Kimbell Royalty 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 sale, the insider 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 5.60% of the company’s stock.

Institutional Investors Weigh In On Kimbell Royalty

Hedge funds have recently made changes to their positions in the business. State of Wyoming bought a new stake in shares of Kimbell Royalty during the third quarter valued at approximately $62,000. EverSource Wealth Advisors LLC increased its stake in shares of Kimbell Royalty by 29.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5,450 shares of the energy company’s stock valued at $64,000 after acquiring an additional 1,250 shares during the period. Marex Group plc acquired a new position in shares of Kimbell Royalty during the fourth quarter valued at approximately $118,000. Sowell Financial Services LLC acquired a new position in shares of Kimbell Royalty during the fourth quarter valued at approximately $120,000. Finally, Tableaux LLC acquired a new position in shares of Kimbell Royalty during the fourth quarter valued at approximately $120,000. Institutional investors own 25.78% of the company’s stock.

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.