KNOP Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding KNOT Offshore Partners LP, the DDM model, as implemented by StockNews, implies a positive return of 259.01% relative to its current price. Digging deeper, the aspects of KNOT Offshore Partners LP's dividend discount model that we found most interesting were:

• Compared to other US stocks that pay a dividend, KNOP offers a dividend yield in the top 1.89% of stocks in our set.
• In comparison to other US listed dividend yielding stocks in the Industrials sector, the expected return of 259.01%, based on the stock's current share price and target price based on a dividend discount model, is greater than 95.41% of the DDM-forecasted return of its its sector peers.
• Out of all stocks in our universe of US-listed dividend-issuing stocks, KNOP has a discount rate lower than 95.41% of them (a lower discount rate is associated with lower risk).
• KNOT Offshore Partners LP's dividend growth rate is higher than 73.15% of stocks in its sector (Industrials).

KNOP Dividends vs. Peers