KeyCorp Has Positive Outlook of Kimbell Royalty Q3 Earnings

Posted by Francis Steltz on Jun 5th, 2026

Kimbell Royalty (NYSE:KRP – Free Report) – Stock analysts at KeyCorp lifted their Q3 2026 earnings estimates for Kimbell Royalty in a report issued on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now anticipates that the energy company will earn $0.30 per share for the quarter, up from their prior forecast of $0.26. KeyCorp currently 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 $1.04 per share. KeyCorp also issued estimates for Kimbell Royalty’s Q4 2026 earnings at $0.29 EPS, Q1 2027 earnings at $0.27 EPS and Q4 2027 earnings at $0.25 EPS.

Kimbell Royalty (NYSE:KRP – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The energy company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.19). The firm had revenue of $65.54 million during the quarter, compared to the consensus estimate of $90.25 million. Kimbell Royalty had a return on equity of 11.70% and a net margin of 22.76%.The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.20 earnings per share.

A number of other equities analysts have also weighed in on the stock. Weiss Ratings lowered shares of Kimbell Royalty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 14th. Royal Bank Of Canada assumed coverage on shares of Kimbell Royalty in a research report on Friday, May 29th. They issued an “outperform” rating and a $20.00 price target for the company. Mizuho dropped their price target 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. Wall Street Zen lowered shares of Kimbell Royalty from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Citigroup upped 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, March 31st. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

Check Out Our Latest Research Report on KRP

Kimbell Royalty Stock Performance

KRP opened at $15.43 on Friday. The firm has a market cap of $1.66 billion, a P/E ratio of 33.53 and a beta of 0.29. Kimbell Royalty has a 1-year low of $11.31 and a 1-year high of $15.65. The company has a 50 day simple moving average of $14.82 and a two-hundred day simple moving average of $13.70. The company has a debt-to-equity ratio of 0.77, a current ratio of 5.12 and a quick ratio of 5.12.

Hedge Funds Weigh In On Kimbell Royalty

A number of hedge funds and other institutional investors have recently modified their holdings of KRP. Royal Bank of Canada boosted its position in shares of Kimbell Royalty by 32.6% during the first quarter. Royal Bank of Canada now owns 371,582 shares of the energy company’s stock worth $5,202,000 after acquiring an additional 91,263 shares during the last quarter. Jane Street Group LLC purchased a new stake in Kimbell Royalty during the first quarter valued at $297,000. Legal & General Group Plc raised its stake in Kimbell Royalty by 17.2% during the second quarter. Legal & General Group Plc now owns 67,890 shares of the energy company’s stock valued at $948,000 after purchasing an additional 9,987 shares in the last quarter. First Trust Advisors LP raised its stake in Kimbell Royalty by 8.6% during the second quarter. First Trust Advisors LP now owns 464,829 shares of the energy company’s stock valued at $6,489,000 after purchasing an additional 36,803 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in Kimbell Royalty during the second quarter valued at $1,220,000. Institutional investors own 25.78% of the company’s stock.

Insider Buying and Selling at Kimbell Royalty

In related news, insider Blayne Rhynsburger sold 6,609 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were 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 in the company, valued at approximately $1,088,360.24. This represents a 8.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 5.60% of the company’s stock.

Kimbell Royalty Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Investors of record on Tuesday, May 19th were given a dividend of $0.41 per share. This is a positive change from Kimbell Royalty’s previous quarterly dividend of $0.37. This represents a $1.64 dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date was Tuesday, May 19th. Kimbell Royalty’s dividend payout ratio (DPR) is currently 356.52%.

Kimbell Royalty announced that its board has initiated a share buyback plan on Monday, March 9th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the energy company to reacquire up to 6.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Kimbell Royalty Company Profile

(Get Free Report)

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.