KeyCorp Has Bullish Estimate for Kimbell Royalty Q4 Earnings

Kimbell Royalty (NYSE:KRP) – KeyCorp lifted their Q4 2026 EPS estimates for 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 earn $0.26 per share for the quarter, up from their previous estimate of $0.20. KeyCorp has a “Overweight” rating and a $17.00 price objective 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.

Several other research firms have also weighed in on KRP. Mizuho lowered their target price on 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 upgraded shares of Kimbell Royalty from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 2nd. Zacks Research cut Kimbell Royalty from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 22nd. Wall Street Zen lowered shares of Kimbell Royalty from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, 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 note on Tuesday. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $17.33.

Kimbell Royalty Stock Performance

NYSE KRP opened at $14.74 on Friday. Kimbell Royalty has a 1-year low of $10.98 and a 1-year high of $15.12. The company has a market capitalization of $1.59 billion, a P/E ratio of 23.77, a PEG ratio of 3.33 and a beta of 0.29. The business has a 50 day moving average price of $14.17 and a 200 day moving average price of $13.25. 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 (NYSE:KRP) last posted its quarterly earnings results on Thursday, February 26th. The energy company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 26.43% and a return on equity of 13.73%. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same period last year, the firm earned ($0.48) EPS.

Institutional Trading of Kimbell Royalty

A number of institutional investors and hedge funds have recently made changes to their positions in KRP. American Century Companies Inc. raised its stake in Kimbell Royalty by 9.2% during the 3rd 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 in the last quarter. Adage Capital Partners GP L.L.C. lifted its position in shares of Kimbell Royalty by 32.1% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,210,948 shares of the energy company’s stock valued at $14,241,000 after acquiring an additional 294,482 shares in the last quarter. UBS Group AG boosted its position in shares of Kimbell Royalty by 9.4% in the fourth quarter. UBS Group AG now owns 1,009,057 shares of the energy company’s stock worth $11,867,000 after buying an additional 86,957 shares during the period. Energy Income Partners LLC grew its stake in Kimbell Royalty by 12.3% during the 3rd quarter. Energy Income Partners LLC now owns 647,396 shares of the energy company’s stock valued at $8,733,000 after acquiring an additional 70,783 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. increased its holdings in shares of Kimbell Royalty by 0.9% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 618,128 shares of the energy company’s stock valued at $8,339,000 after purchasing an additional 5,213 shares during the period. 25.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Kimbell Royalty

In other news, insider Blayne Rhynsburger sold 6,609 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $14.48, for a total value of $95,698.32. Following the transaction, the insider directly owned 75,163 shares in the company, valued at approximately $1,088,360.24. This trade represents a 8.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 5.60% of the company’s stock.

Kimbell Royalty Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders 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 10.0%. This is a positive change 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 currently 238.71%.

Kimbell Royalty announced that its board has approved a stock repurchase program on Monday, March 9th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the energy company to repurchase up to 6.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its stock is undervalued.

Trending Headlines about Kimbell Royalty

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

• Positive Sentiment: KeyCorp upgraded Kimbell Royalty from “sector weight” to “Overweight” and set a $17 price target (roughly a mid-teens upside vs. the recent price). This upgrade is a direct buy-side signal that tends to lift sentiment and buying interest.
• Positive Sentiment: KeyCorp raised its FY2027 EPS view to $0.88 (from $0.80) and increased several quarterly estimates — notably Q1 2027 to $0.25 (from $0.21), Q2 2027 to $0.21 (from $0.18), Q3 2027 to $0.20 (from $0.19) and Q4 2026 to $0.26 (from $0.20). The upward revisions support a stronger earnings trajectory for the coming year, which underpins the higher price target.
• Positive Sentiment: Citigroup published a bullish note forecasting strong price appreciation for KRP, adding another buy-side endorsement that can attract momentum buying. Article Title
• Positive Sentiment: Coverage noted Kimbell as an attractive yield opportunity (MSN report referencing buy-side interest and comparisons to peers), which can draw income-focused investors. Article Title
• Negative Sentiment: KeyCorp trimmed its Q4 2027 EPS estimate slightly (from $0.23 to $0.22). It’s a modest downgrade relative to the broader set of upward revisions, but it introduces a small element of mixed guidance to monitor.

Kimbell Royalty Company Profile

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.