Kayne Anderson Energy Development Company Profile (NYSE:KED)

About Kayne Anderson Energy Development

Kayne Anderson Energy Development logoKayne Anderson Energy Development Company is a non-diversified, closed-end fund. The Fund's investment objective is to generate both current income and capital appreciation primarily through equity and debt investments. It seeks to achieve this objective by investing approximately 80% of its total assets in securities of companies that derive their revenue from activities in the energy industry, including Upstream Energy Companies, which are engaged in the exploration, extraction and production of natural resources, including natural gas and gas liquids and crude oil, from geological reservoirs; Midstream Energy Companies, which are businesses that operate assets used to gather, transport, process, treat, terminal and store natural gas, natural gas liquids, propane, crude oil or refined petroleum products, and Other Energy Companies, which are businesses engaged in owning, producing, processing and selling of coal and coal reserves. KA Fund Advisors, LLC is the advisor of the Fund.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: KED
  • CUSIP:
Key Metrics:
  • Previous Close: $20.15
  • 50 Day Moving Average: $19.66
  • 200 Day Moving Average: $18.99
  • 52-Week Range: $12.87 - $20.47
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.71
  • P/E Growth: 2.88
  • Market Cap: $N/A
Additional Links:
Companies Related to Kayne Anderson Energy Development:

Analyst Ratings

Consensus Ratings for Kayne Anderson Energy Development (NYSE:KED) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $21.00 (4.37% upside)

Analysts' Ratings History for Kayne Anderson Energy Development (NYSE:KED)
Show:
DateFirmActionRatingPrice TargetDetails
11/18/2016Stifel NicolausUpgradeHold -> Buy$21.00View Rating Details
2/16/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Kayne Anderson Energy Development (NYSE:KED)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/2014($0.04)($0.04)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Kayne Anderson Energy Development (NYSE:KED)
Current Year EPS Consensus Estimate: $2.31 EPS
Next Year EPS Consensus Estimate: $2.31 EPS

Dividends

Current Dividend Information for Kayne Anderson Energy Development (NYSE:KED)
Annual Dividend:$1.92
Dividend Yield:9.54%
Dividend Growth:2.90% (3 Year Average)
Payout Ratio:83.12% (Based on Current Year Consensus EPS Estimate)
83.12% (Based on Next Year Consensus EPS Estimate)

Dividend History for Kayne Anderson Energy Development (NYSE:KED)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/16/2016quarterly$0.4810.18%1/4/20171/6/20171/13/2017
9/30/2016Quarterly$0.4810/5/201610/7/201610/14/2016
6/24/2016Quarterly$0.487/6/20167/8/20167/15/2016
3/31/2016Quarterly$0.484/13/20164/15/20164/22/2016
12/18/2015Quarterly$0.481/6/20161/8/20161/15/2016
6/26/2015quarterly$0.538.3%7/8/20157/10/20157/17/2015
4/3/2015quarterly$0.537.29%4/15/20154/17/20154/24/2015
1/20/2015quarterly$0.536.43%1/22/20151/26/20151/30/2015
10/2/2014quarterly$0.525.85%10/15/201410/17/201410/24/2014
6/26/2014quarterly$0.525.96%7/9/20147/11/20147/18/2014
3/28/2014quarterly$0.516.53%4/15/20144/17/20144/25/2014
1/21/2014quarterly$0.507.07%1/23/20141/27/20141/31/2014
9/26/2013quarterly$0.466.16%10/9/201310/11/201310/18/2013
6/27/2013quarterly$0.446.87%7/10/20137/12/20137/19/2013
3/29/2013quarterly$0.446.64%4/17/20134/19/20134/26/2013
1/22/2013quarterly$0.436.43%1/24/20131/28/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Kayne Anderson Energy Development (NYSE:KED)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/2/2015Terry A HartCFOBuy5,000$21.77$108,850.00View SEC Filing  
1/24/2014James BakerEVPBuy20,000$27.61$552,200.00View SEC Filing  
6/28/2013James C BakerEVPBuy10,000$25.68$256,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Kayne Anderson Energy Development (NYSE:KED)
DateHeadline
finance.yahoo.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at January 31, 2017 (NYSE:KED)
finance.yahoo.com - February 2 at 6:49 PM
marketwatch.com logoKayne Anderson Announces Agreement to Sell Silver Hill Midstream Assets (NYSE:KED)
www.marketwatch.com - January 28 at 1:17 AM
finance.yahoo.com logoKayne Anderson Announces Tax Characterization of 2016 Distributions for KYN, KYE, KMF and KED (NYSE:KED)
finance.yahoo.com - January 27 at 8:14 PM
finance.yahoo.com logoKayne Anderson Files 2016 Annual Reports for KYN, KYE, KMF and KED (NYSE:KED)
finance.yahoo.com - January 27 at 8:14 PM
finance.yahoo.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at December 31, 2016 (NYSE:KED)
finance.yahoo.com - January 4 at 7:00 PM
finance.yahoo.com logoKayne Anderson Energy Development Company Announces Distribution of $0.48 per Share for Q4 2016 and Provides Guidance for Q1 2017 (NYSE:KED)
finance.yahoo.com - December 15 at 6:46 PM
zacks.com logoTop Ranked Momentum Stocks to Buy for December 5th (NYSE:KED)
www.zacks.com - December 5 at 10:45 AM
finance.yahoo.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at November 30, 2016 (NYSE:KED)
finance.yahoo.com - December 3 at 11:41 AM
publicnow.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at October 31, 2016 (NYSE:KED)
www.publicnow.com - November 2 at 9:20 AM
benzinga.com logoKayne Anderson Energy Development Company... (NYSE:KED)
www.benzinga.com - October 4 at 10:34 AM
publicnow.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at September 30, 2016 (NYSE:KED)
www.publicnow.com - October 4 at 10:34 AM
publicnow.com logoKayne Anderson Energy Development Company Announces Distribution of $0.48 per Share for Q3 2016 (NYSE:KED)
www.publicnow.com - September 29 at 5:46 PM
News IconKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information & Announces its Net Asset Value & Asse... (NYSE:KED)
ih.advfn.com - September 3 at 10:18 AM
publicnow.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2016 (NYSE:KED)
www.publicnow.com - September 3 at 10:18 AM
News IconGoldberg Law PC (the “Firm”) announces that a class action lawsuit has been filed against Keryx Biopharmaceuticals Inc (NYSE:KED)
www.ad-hoc-news.de - August 3 at 9:03 AM
publicnow.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at July 31, 2016 (NYSE:KED)
www.publicnow.com - August 3 at 9:03 AM
finance.yahoo.com logoKayne Anderson (KED): An Off-the-Radar Potential Winner (NYSE:KED)
finance.yahoo.com - July 28 at 8:32 AM
publicnow.com logoKayne Anderson Announces Webcast to Provide Market Update (NYSE:KED)
www.publicnow.com - July 15 at 4:48 PM
zacks.com logoIs Kayne Anderson Energy (KED) Stock a Solid Choice Right Now? (NYSE:KED)
www.zacks.com - July 8 at 8:43 AM
finance.yahoo.com logoKayne Anderson Energy (KED): An Off-the-Radar Potential Winner (NYSE:KED)
finance.yahoo.com - July 7 at 8:41 AM
publicnow.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at June 30, 2016 (NYSE:KED)
www.publicnow.com - July 1 at 5:21 PM
marketwatch.com logoKayne Anderson Energy Total Return Fund Announces Distribution of $0.25 per Share for Q2 2016 (NYSE:KED)
www.marketwatch.com - June 24 at 8:25 AM
seekingalpha.com logoKayne Anderson Energy Development declares $0.48 dividend (NYSE:KED)
seekingalpha.com - June 24 at 8:25 AM
publicnow.com logoKayne Anderson Energy Development Company Announces Distribution of $0.48 per Share for Q2 2016 (NYSE:KED)
www.publicnow.com - June 23 at 8:29 PM
businesswire.com logoKayne Anderson Energy Development Company (NYSE:KED)
www.businesswire.com - June 3 at 8:33 AM
publicnow.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at May 31, 2016 (NYSE:KED)
www.publicnow.com - June 2 at 8:15 PM
publicnow.com logoKayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at April 30, 2016 (NYSE:KED)
www.publicnow.com - May 2 at 9:50 PM
finance.yahoo.com logoKayne Anderson Energy downgraded by Ladenburg Thalmann (NYSE:KED)
finance.yahoo.com - February 16 at 7:09 AM
benzinga.com logoMid-Afternoon Market Update: Crude Oil Down 3%; Biocryst Pharmaceuticals Shares Drop Following Announcement of ... - Benzinga (NYSE:KED)
www.benzinga.com - February 8 at 2:49 PM
nasdaq.com logoMid-Day Market Update: Dow Tumbles Over 350 Points; Apollo Education Shares Spike Higher - Nasdaq (NYSE:KED)
www.nasdaq.com - February 8 at 2:49 PM
fortune.com logoTerm Sheet -- Thursday, January 4 - Fortune (NYSE:KED)
fortune.com - February 4 at 2:21 PM
stocksdaily.net logoCan Kayne Anderson Energy Development Company (NYSE:KED) Stock hit $36? - Stocks Daily (NYSE:KED)
www.stocksdaily.net - February 3 at 1:51 PM
noodls.com logoKayne Anderson Energy Development Company Announces Distribution of $0.48 per Share for Q4 2015; Announces Investment in Closed-End Funds by Kayne Anderson (NYSE:KED)
www.noodls.com - December 17 at 6:52 PM
noodls.com logoKayne Anderson Announces Adjournment of Special Meetings of Stockholders of KYN, KYE, KMF and KED (NYSE:KED)
www.noodls.com - October 27 at 9:57 AM
noodls.com logoAres and Kayne Mutually Agree To Terminate Merger Agreement (NYSE:KED)
www.noodls.com - October 27 at 9:57 AM
noodls.com logoKayne Anderson Announces the Cancellation of Adjourned KYN, KYE, KMF and KED Stockholder Meetings (NYSE:KED)
www.noodls.com - October 27 at 8:25 AM

Social

What is Kayne Anderson Energy Development's stock symbol?

Kayne Anderson Energy Development trades on the New York Stock Exchange (NYSE) under the ticker symbol "KED."

How often does Kayne Anderson Energy Development pay dividends? What is the dividend yield for Kayne Anderson Energy Development?

Kayne Anderson Energy Development announced a quarterly dividend on Friday, December 16th. Investors of record on Friday, January 6th will be given a dividend of $0.48 per share on Friday, January 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.54%. The ex-dividend date is Wednesday, January 4th.

Where is Kayne Anderson Energy Development's stock going? Where will Kayne Anderson Energy Development's stock price be in 2017?

1 brokers have issued 1 year target prices for Kayne Anderson Energy Development's stock. Their forecasts range from $21.00 to $21.00. On average, they anticipate Kayne Anderson Energy Development's share price to reach $21.00 in the next twelve months.

Who owns Kayne Anderson Energy Development stock?

Kayne Anderson Energy Development's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Burgundy Asset Management Ltd. (0.00%), Cedar Hill Associates LLC (0.00%), Horizon Kinetics LLC (0.00%), Two Sigma Investments LP (0.00%), Ladenburg Thalmann Financial Services Inc. (0.00%) and Envestnet Asset Management Inc. (0.00%).

Who sold Kayne Anderson Energy Development stock? Who is selling Kayne Anderson Energy Development stock?

Kayne Anderson Energy Development's stock was sold by a variety of institutional investors in the last quarter, including Burgundy Asset Management Ltd. and Cedar Hill Associates LLC.

Who bought Kayne Anderson Energy Development stock? Who is buying Kayne Anderson Energy Development stock?

Kayne Anderson Energy Development's stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Horizon Kinetics LLC, Ladenburg Thalmann Financial Services Inc. and Envestnet Asset Management Inc..

How do I buy Kayne Anderson Energy Development stock?

Shares of Kayne Anderson Energy Development can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Kayne Anderson Energy Development stock cost?

One share of Kayne Anderson Energy Development stock can currently be purchased for approximately $20.12.

Kayne Anderson Energy Development (NYSE:KED) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Kayne Anderson Energy Development (NYSE:KED)

Earnings History Chart

Earnings by Quarter for Kayne Anderson Energy Development (NYSE:KED)

Dividend History Chart

Dividend Payments by Quarter for Kayne Anderson Energy Development (NYSE:KED)

Last Updated on 2/24/2017 by MarketBeat.com Staff