Kimbell Royalty (NYSE:KRP) Hits New 12-Month High – Time to Buy?

Posted by George Bondi on Jun 10th, 2026

Kimbell Royalty (NYSE:KRP – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $15.67 and last traded at $15.6950, with a volume of 190800 shares trading hands. The stock had previously closed at $15.31.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on KRP. Citigroup increased their price target on Kimbell Royalty from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, March 31st. Royal Bank Of Canada began coverage on Kimbell Royalty in a research report on Friday, May 29th. They set an “outperform” rating and a $20.00 price objective for the company. Wall Street Zen lowered Kimbell Royalty from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Mizuho decreased their price objective on Kimbell Royalty from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Finally, KeyCorp upgraded Kimbell Royalty from a “sector weight” rating to an “overweight” rating and set a $17.00 price objective for the company in a research report on Thursday, April 2nd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Check Out Our Latest Stock Analysis on KRP

Kimbell Royalty Price Performance

The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 34.05 and a beta of 0.29. The company has a quick ratio of 5.12, a current ratio of 5.12 and a debt-to-equity ratio of 0.77. The stock’s 50 day moving average price is $14.87 and its two-hundred day moving average price is $13.75.

Kimbell Royalty (NYSE:KRP – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The energy company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.19). The firm had revenue of $65.54 million for the quarter, compared to analyst estimates of $90.25 million. Kimbell Royalty had a net margin of 22.76% and a return on equity of 11.70%. Kimbell Royalty’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 EPS. Analysts anticipate that Kimbell Royalty will post 0.97 EPS for the current fiscal year.

Kimbell Royalty Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.41 per share. This is a boost from Kimbell Royalty’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 10.5%. Kimbell Royalty’s dividend payout ratio (DPR) is 356.52%.

Kimbell Royalty announced that its board has authorized a share buyback program on Monday, March 9th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the energy company to repurchase up to 6.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

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 stock was sold at an average price of $14.48, for a total transaction of $95,698.32. Following the completion of the sale, the insider directly owned 75,163 shares of the company’s stock, valued at $1,088,360.24. This trade represents a 8.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 5.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Kimbell Royalty

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Van ECK Associates Corp bought a new position in shares of Kimbell Royalty in the 4th quarter valued at approximately $6,604,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Kimbell Royalty in the first quarter worth about $7,405,000. Cubist Systematic Strategies LLC bought a new position in Kimbell Royalty in the 2nd quarter worth approximately $5,445,000. Adage Capital Partners GP L.L.C. increased its position in 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 worth $14,241,000 after buying an additional 294,482 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new position in Kimbell Royalty in the 3rd quarter worth approximately $3,472,000. 25.78% of the stock is owned by hedge funds and other institutional investors.

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.