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

KNOT Offshore Partners (NYSE:KNOP) is expected to be announcing its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $76.50 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

KNOT Offshore Partners Trading Up 0.3 %

KNOP stock opened at $5.47 on Thursday. 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 $4.94 and a one year high of $9.11. The company has a market capitalization of $187.43 million, a PE ratio of -12.71 and a beta of 0.70. The company’s 50 day moving average price is $5.71 and its two-hundred day moving average price is $6.08.

KNOT Offshore Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, January 27th were issued a $0.026 dividend. This represents a $0.10 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend was Monday, January 27th. KNOT Offshore Partners’s dividend payout ratio is -23.26%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of KNOT Offshore Partners from a “hold” rating to a “buy” rating in a report on Friday, December 6th.

KNOT Offshore Partners Company Profile

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.