News stories about KNOT Offshore Partners (NYSE:KNOP) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. KNOT Offshore Partners earned a news impact score of 0.01 on Accern’s scale. Accern also gave media headlines about the shipping company an impact score of 46.5483452953665 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- KNOT Offshore Partners LP (NYSE:KNOP) Upgraded to Hold by BidaskClub (americanbankingnews.com)
- Full Steam Ahead For This 9% Yielding Niche LP In The Second Half Of 2017 (dividends4life.com)
- KNOT Offshore Partners’ (KNOP) CEO John Costain on Q2 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Edited Transcript of KNOP earnings conference call or presentation 10-Aug-17 4:00pm GMT (finance.yahoo.com)
- Knot Offshore Partners LP Earnings … (ih.advfn.com)
Several equities research analysts have issued reports on KNOP shares. Zacks Investment Research downgraded KNOT Offshore Partners from a “hold” rating to a “sell” rating in a report on Thursday, May 18th. TheStreet downgraded KNOT Offshore Partners from a “b-” rating to a “c” rating in a report on Wednesday, April 19th. Finally, BidaskClub upgraded KNOT Offshore Partners from a “sell” rating to a “hold” rating in a report on Friday. One investment analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of $22.50.
Shares of KNOT Offshore Partners (NYSE KNOP) traded down 1.29% during midday trading on Friday, hitting $22.95. The stock had a trading volume of 50,171 shares. KNOT Offshore Partners has a 12-month low of $18.23 and a 12-month high of $24.67. The firm has a market cap of $688.57 million, a PE ratio of 10.50 and a beta of 0.78. The firm has a 50-day moving average of $22.97 and a 200 day moving average of $22.60.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Wednesday, August 2nd will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Monday, July 31st. This represents a $2.08 annualized dividend and a yield of 9.06%. KNOT Offshore Partners’s payout ratio is 87.03%.
About KNOT Offshore Partners
KNOT Offshore Partners LP (KNOT Offshore Partners or the Partnership), owns, operates and acquires shuttle tankers under long-term charters. The Partnership’s vessels in its fleet are chartered to Statoil ASA (Statoil), Petrobras Transporte SA (Transpetro), Repsol Sinopec Brasil, SA (Repsol), Royal Dutch Shell plc, ExxonMobil, and Eni Trading and Shipping S.p.A.
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