KNOT Offshore Partners LP (NYSE:KNOP – Free Report) – Research analysts at B. Riley issued their Q1 2025 earnings per share estimates for shares of KNOT Offshore Partners in a report released on Thursday, March 20th. B. Riley analyst L. Burke anticipates that the shipping company will post earnings of $0.14 per share for the quarter. The consensus estimate for KNOT Offshore Partners’ current full-year earnings is $0.12 per share. B. Riley also issued estimates for KNOT Offshore Partners’ Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.11 EPS and FY2026 earnings at $0.66 EPS.
KNOT Offshore Partners (NYSE:KNOP – Get Free Report) last issued its earnings results on Wednesday, March 19th. The shipping company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.51. KNOT Offshore Partners had a negative return on equity of 0.29% and a negative net margin of 4.82%. The company had revenue of $91.26 million during the quarter, compared to analysts’ expectations of $76.50 million.
Get Our Latest Analysis on KNOT Offshore Partners
KNOT Offshore Partners Trading Up 2.2 %
Shares of KNOP opened at $6.38 on Monday. KNOT Offshore Partners has a 12-month low of $4.94 and a 12-month high of $9.11. The firm has a market capitalization of $218.81 million, a P/E ratio of -14.84 and a beta of 0.70. The firm has a 50-day moving average price of $5.66 and a 200 day moving average price of $5.99. The company has a current ratio of 0.44, a quick ratio of 0.42 and a debt-to-equity ratio of 1.52.
Hedge Funds Weigh In On KNOT Offshore Partners
Several large investors have recently modified their holdings of KNOP. JPMorgan Chase & Co. raised its holdings in KNOT Offshore Partners by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 442,332 shares of the shipping company’s stock valued at $3,030,000 after buying an additional 31,792 shares during the period. FNY Investment Advisers LLC increased its position in shares of KNOT Offshore Partners by 8.8% during the fourth quarter. FNY Investment Advisers LLC now owns 138,890 shares of the shipping company’s stock valued at $756,000 after acquiring an additional 11,200 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of KNOT Offshore Partners in the 4th quarter valued at approximately $135,000. Trexquant Investment LP raised its stake in shares of KNOT Offshore Partners by 170.4% in the 4th quarter. Trexquant Investment LP now owns 37,938 shares of the shipping company’s stock valued at $207,000 after acquiring an additional 23,907 shares during the period. Finally, Marshall Wace LLP lifted its holdings in shares of KNOT Offshore Partners by 19.0% in the 4th quarter. Marshall Wace LLP now owns 203,999 shares of the shipping company’s stock worth $1,112,000 after acquiring an additional 32,616 shares during the last quarter. Institutional investors and hedge funds own 26.82% of the company’s stock.
KNOT Offshore Partners Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, January 27th were paid a dividend of $0.026 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.10 annualized dividend and a yield of 1.63%. KNOT Offshore Partners’s dividend payout ratio (DPR) is 24.39%.
KNOT Offshore Partners Company Profile
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.
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