Kimbell Royalty (NYSE:KRP) Hits New 1-Year High – Here’s Why

Posted by Brian Himes on Oct 28th, 2026

Kimbell Royalty (NYSE:KRP – Get Free Report)’s stock price hit a new 52-week high on Monday. The company traded as high as $17.00 and last traded at $16.8720, with a volume of 764,890 shares. The stock had previously closed at $16.96.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on KRP. KeyCorp upped their price target on Kimbell Royalty from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Tuesday, September 15th. Zacks Research upgraded Kimbell Royalty from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 30th. Weiss Ratings raised Kimbell Royalty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, October 13th. Finally, Wall Street Zen raised Kimbell Royalty from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $18.25.

Get Our Latest Research Report on KRP

Kimbell Royalty Stock Down 0.3%

The firm’s fifty day simple moving average is $15.20 and its 200 day simple moving average is $14.65.

Kimbell Royalty (NYSE:KRP – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The energy company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.17. The firm had revenue of $112.48 million for the quarter, compared to analyst estimates of $93.45 million. The firm’s revenue was up 29.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.02 EPS. Sell-side analysts predict that Kimbell Royalty will post 1.10 EPS for the current year.

Kimbell Royalty Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 17th were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $1.88 dividend on an annualized basis and a yield of 11.2%. This is a positive change from Kimbell Royalty’s previous quarterly dividend of $0.41.

Insiders Place Their Bets

In other Kimbell Royalty news, insider Blayne Rhynsburger sold 4,524 shares of Kimbell Royalty stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $15.08, for a total transaction of $68,221.92. Following the transaction, the insider directly owned 70,639 shares in the company, valued at approximately $1,065,236.12. The trade was a 6.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 5.60% of the company’s stock.

Institutional Trading of Kimbell Royalty

Hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC acquired a new stake in shares of Kimbell Royalty in the second quarter worth $37,000. Hilltop National Bank purchased a new position in shares of Kimbell Royalty during the second quarter valued at $44,000. Ascentis Independent Advisors purchased a new position in shares of Kimbell Royalty during the first quarter valued at $60,000. First Bancorp Inc ME acquired a new position in Kimbell Royalty during the second quarter valued at $90,000. Finally, Olistico Wealth LLC acquired a new position in Kimbell Royalty during the third quarter valued at $97,000. Hedge funds and other institutional investors own 25.78% of the company’s stock.

About Kimbell Royalty

(Get Free Report)

Kimbell Royalty Partners, LP (NYSE: KRP) is a publicly traded oil and natural gas mineral and royalty company. It owns mineral, royalty, overriding royalty, and non-operated working interests in producing and undeveloped properties across the onshore United States.

The partnership generates revenue primarily from its share of oil, natural gas, and natural gas liquids produced from properties operated by third-party exploration and production companies. Its asset base is concentrated in major U.S.