KNOT Offshore Partners (KNOP) Projected to Post Quarterly Earnings on Wednesday

KNOT Offshore Partners (NYSE:KNOP) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.14 per share and revenue of $79.74 million for the quarter.

KNOT Offshore Partners (NYSE:KNOP) last announced its earnings results on Wednesday, March 19th. The shipping company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.04 by $0.51. The business had revenue of $91.26 million for the quarter, compared to the consensus estimate of $76.50 million. KNOT Offshore Partners had a negative return on equity of 0.29% and a negative net margin of 4.82%. On average, analysts expect KNOT Offshore Partners to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

KNOT Offshore Partners Stock Performance

Shares of NYSE:KNOP opened at $6.55 on Monday. The company has a market cap of $224.65 million, a P/E ratio of -15.23 and a beta of -0.08. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.42 and a current ratio of 0.44. KNOT Offshore Partners has a one year low of $5.28 and a one year high of $9.11. The business’s 50-day simple moving average is $6.41 and its 200 day simple moving average is $5.99.

KNOT Offshore Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 8th. Investors of record on Monday, April 28th were issued a dividend of $0.026 per share. The ex-dividend date was Monday, April 28th. This represents a $0.10 annualized dividend and a dividend yield of 1.59%. KNOT Offshore Partners’s payout ratio is currently 24.39%.

Analysts Set New Price Targets

KNOP has been the topic of several analyst reports. StockNews.com upgraded KNOT Offshore Partners from a “hold” rating to a “buy” rating in a report on Wednesday, March 26th. Fearnley Fonds upgraded KNOT Offshore Partners to a “strong-buy” rating in a report on Tuesday, April 1st.

About KNOT Offshore Partners

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.