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KKR & Co. Inc. (KKR) Stock Price, News & Analysis

$129.25
+1.28 (+1.00%)
(As of 09/18/2024 ET)

About KKR & Co. Inc. Stock (NYSE:KKR)

Key Stats

Today's Range
$125.87
$130.93
50-Day Range
$106.20
$129.25
52-Week Range
$53.72
$130.93
Volume
3.67 million shs
Average Volume
4.60 million shs
Market Capitalization
$114.70 billion
P/E Ratio
28.98
Dividend Yield
0.54%
Price Target
$126.86
Consensus Rating
Moderate Buy

Company Overview

KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things (iot), internet, information services, information technology infrastructure, financial technology, network and cyber security architecture, engineering and operations, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy. In energy and infrastructure, it focuses on the upstream oil and gas and equipment, minerals and royalties and services verticals. In real estate, the firm seeks to invest in private and public real estate securities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings, and oil and natural gas properties. The firm also invests in asset services sector that encompasses a broad array of B2B, B2C and B2G services verticals including asset-based, transport, logistics, leisure/hospitality, resource and utility support, infra-like, mission-critical, and environmental services. Within Americas, the firm prefers to invest in consumer products; chemicals, metals and mining; energy and natural resources; financial services; healthcare; industrials; media and communications; retail; and technology. Within Europe, the firm invests in consumer and retail; energy; financial services; health care; industrials and chemicals; media and digital; and telecom and technologies. Within Asia, it invests in consumer products; energy and resources; financial services; healthcare; industrials; logistics; media and telecom; retail; real estate; and technology. It also seeks to make impact investments focused on identifying and investing behind businesses with positive social or environmental impact. The firm seeks to invest in mid to high-end residential developments, but can invest in other projects throughout Mainland China through outright ownership, joint ventures, and merger. It invests globally with a focus on Australia, emerging and developed Asia, Middle East and Africa, Nordic, Southeast Asia, Asia Pacific, Ireland, Hong Kong, Japan, Taiwan, India, Vietnam, Malaysia, Singapore, Indonesia, France, Germany, Netherlands, United Kingdom, Caribbean, Mexico, South America, North America, Brazil, Latin America, Korea with a focus on South Korea, and United States of America. In the United States and Europe, the firm focuses on buyouts of large, publicly traded companies. It seeks to invest $30 million to $717 million in companies with enterprise values between $500 million to $2389 million. The firm prefers to invest in a range of debt and public equity investing and may co-invest. It seeks a board seat in its portfolio companies and a controlling ownership of a company or a strategic minority positions. The firm may acquire majority and minority equity interests, particularly when making private equity investments in Asia or sponsoring investments as part of a large investor consortium. The firm typically holds its investment for a period of five to seven years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. KKR & Co. Inc. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, Sweden and Asia.

KKR & Co. Inc. Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 98th Percentile

KKR & Co. Inc. scored higher than 98% of companies evaluated by MarketBeat, and ranked 21st out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    KKR & Co. Inc. has received a consensus rating of Moderate Buy. The company's average rating score is 2.94, and is based on 13 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    KKR & Co. Inc. has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about KKR & Co. Inc.'s stock forecast and price target.
  • Earnings Growth

    Earnings for KKR & Co. Inc. are expected to grow by 33.42% in the coming year, from $4.01 to $5.35 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of KKR & Co. Inc. is 28.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of KKR & Co. Inc. is 28.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.07.

  • Price to Earnings Growth Ratio

    KKR & Co. Inc. has a PEG Ratio of 0.99. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    KKR & Co. Inc. has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about KKR & Co. Inc.'s valuation and earnings.
  • Percentage of Shares Shorted

    1.46% of the outstanding shares of KKR & Co. Inc. have been sold short.
  • Short Interest Ratio / Days to Cover

    KKR & Co. Inc. has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in KKR & Co. Inc. has recently increased by 1.80%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    KKR & Co. Inc. has a dividend yield of 0.58%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    KKR & Co. Inc. does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of KKR & Co. Inc. is 15.70%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, KKR & Co. Inc. will have a dividend payout ratio of 13.08% next year. This indicates that KKR & Co. Inc. will be able to sustain or increase its dividend.

  • Read more about KKR & Co. Inc.'s dividend.
  • Percentage of Shares Shorted

    1.46% of the outstanding shares of KKR & Co. Inc. have been sold short.
  • Short Interest Ratio / Days to Cover

    KKR & Co. Inc. has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in KKR & Co. Inc. has recently increased by 1.80%, indicating that investor sentiment is decreasing.
  • News Sentiment

    KKR & Co. Inc. has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 33 news articles for KKR & Co. Inc. this week, compared to 16 articles on an average week.
  • Search Interest

    Only 45 people have searched for KKR on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
  • MarketBeat Follows

    Only 9 people have added KKR & Co. Inc. to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, KKR & Co. Inc. insiders have sold 52.71% more of their company's stock than they have bought. Specifically, they have bought $129,330,578.00 in company stock and sold $197,505,039.00 in company stock.

  • Percentage Held by Insiders

    39.34% of the stock of KKR & Co. Inc. is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    76.26% of the stock of KKR & Co. Inc. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about KKR & Co. Inc.'s insider trading history.

KKR Stock News Headlines

Central Bank Abandons USD
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
Opening of safe — Photo
Unlock Private Equity Opportunities for All Investors (KKR)
The Invesco Global Listed Private Equity ETF is a way to indirectly access private equity investments without specialized credentials.
KKR & Co. Inc. Sees Unusually Large Options Volume (NYSE:KKR)
See More Headlines

KKR Stock Analysis - Frequently Asked Questions

KKR & Co. Inc.'s stock was trading at $82.85 at the beginning of 2024. Since then, KKR stock has increased by 56.0% and is now trading at $129.25.
View the best growth stocks for 2024 here
.

KKR & Co. Inc. (NYSE:KKR) announced its earnings results on Wednesday, July, 31st. The asset manager reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.20. The asset manager earned $4.17 billion during the quarter, compared to the consensus estimate of $1.07 billion. KKR & Co. Inc. had a trailing twelve-month return on equity of 5.05% and a net margin of 17.99%.

Top institutional shareholders of KKR & Co. Inc. include Principal Financial Group Inc. (2.45%), Massachusetts Financial Services Co. MA (1.88%), The Manufacturers Life Insurance Company (0.93%) and Lone Pine Capital LLC (0.72%). Insiders that own company stock include Kkr Group Partnership LP, Genetic Disorder LP Kkr, Phorm Investors LP Kkr, Kkr Alternative Assets Llc, David Sorkin, Matt Cohler and George R Roberts.
View institutional ownership trends
.

Shares of KKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that KKR & Co. Inc. investors own include AbbVie (ABBV), Chicago Bridge Iron (CBI), Diebold Nixdorf (DBD), Bristol-Myers Squibb (BMY), Blackstone (BX), Philip Morris International (PM) and Bank of America (BAC).

Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 8/27 Dividend
8/12/2024
Dividend Payable
8/27/2024
Today
9/18/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Trading
Employees
4,490
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$128.27
High Stock Price Target
$154.00
Low Stock Price Target
$75.00
Potential Upside/Downside
-1.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
16 Analysts

Profitability

Net Income
$3.73 billion
Pretax Margin
33.69%

Debt

Sales & Book Value

Annual Sales
$21.35 billion
Cash Flow
$3.13 per share
Book Value
$65.27 per share

Miscellaneous

Free Float
538,298,000
Market Cap
$114.70 billion
Optionable
Optionable
Beta
1.62

This page (NYSE:KKR) was last updated on 9/18/2024 by MarketBeat.com Staff
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