About Kayne Anderson Energy Development (NYSE:KED)
Kayne 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, 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 midstream energy companies, which operates assets used to gather, transport, process, treat, terminal and store natural gas, natural gas liquids, crude oil or refined petroleum products; upstream energy companies, which are engaged in the exploration, extraction and production of natural resources, including natural gas, natural gas liquids and crude oil, from onshore and offshore geological reservoirs, and other energy companies, which are engaged in owning, leasing, managing, producing, processing and selling of coal and coal reserves. KA Fund Advisors, LLC is the advisor of the Fund.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NYSE:KED
- CUSIP: N/A
- Web: www.kaynefunds.com/ked/
- 50 Day Moving Avg: $16.89
- 200 Day Moving Avg: $17.69
- 52 Week Range: $15.71 - $20.46
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -13.41
- P/E Growth: 2.83
- Net Margins: -3,648.20%
- Return on Equity: -38.54%
- Return on Assets: -22.63%
- Average Volume: 41,788 shs.
Frequently Asked Questions for Kayne Anderson Energy Development (NYSE:KED)
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 Monday, October 2nd. Shareholders of record on Monday, October 9th will be paid a dividend of $0.40 per share on Friday, October 13th. This represents a $1.60 annualized dividend and a yield of 9.40%. The ex-dividend date of this dividend is Thursday, October 5th. View Kayne Anderson Energy Development's Dividend History.
Where is Kayne Anderson Energy Development's stock going? Where will Kayne Anderson Energy Development's stock price be in 2017?
1 equities research analysts have issued 12-month price objectives for Kayne Anderson Energy Development's stock. Their predictions range from $20.00 to $20.00. On average, they expect Kayne Anderson Energy Development's share price to reach $20.00 in the next twelve months. View Analyst Ratings for Kayne Anderson Energy Development.
Who are some of Kayne Anderson Energy Development's key competitors?
Some companies that are related to Kayne Anderson Energy Development include Ares Capital Corporation (ARCC), Prospect Capital Corporation (PSEC), 3i Infrastructure PLC (3IN), FS Investment Corporation (FSIC), Tortoise Energy Infrastructure Corporation (TYG), Apollo Investment Corporation (AINV), TPG Specialty Lending (TSLX), Liberty All-Star Equity Fund (USA), Golub Capital BDC (GBDC), New Mountain Finance Corporation (NMFC), Hercules Capital (HTGC), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Invesco California Value Municipal Income Trust (VCV), PennantPark Investment Corporation (PNNT) and BlackRock Capital Investment Corporation (BKCC).
Who are Kayne Anderson Energy Development's key executives?
Kayne Anderson Energy Development's management team includes the folowing people:
- Kevin S. McCarthy, Chairman of the Board, President, Chief Executive Officer
- Terry A. Hart, Chief Financial Officer, Treasurer, Director
- John C. Frey, Executive Vice President, Assistant Treasurer, Assistant Secretary
- James C. Baker, Executive Vice President, Director
- Ron M. Logan Jr., Senior Vice President
- Michael J. O'Neil, Chief Compliance Officer
- Jody C. Meraz, Vice President
- David J. Shladovsky, Secretary
- William R. Cordes, Independent Director
- Barry R. Pearl, Independent Director
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.
What is Kayne Anderson Energy Development's stock price today?
MarketBeat Community Rating for Kayne Anderson Energy Development (NYSE KED)MarketBeat's community ratings are surveys of what our community members think about Kayne Anderson Energy Development and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Kayne Anderson Energy Development stock can currently be purchased for approximately $17.03.
Consensus Ratings for Kayne Anderson Energy Development (NYSE:KED) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$20.00 (17.44% upside)|Consensus Price Target History for Kayne Anderson Energy Development (NYSE:KED)
Analysts' Ratings History for Kayne Anderson Energy Development (NYSE:KED)
(Data available from 10/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/13/2017||Stifel Nicolaus||Reiterated Rating||Buy||$20.00||N/A|
|2/16/2016||Ladenburg Thalmann Financial Services||Downgrade||Buy -> Neutral||N/A|
Earnings History for Kayne Anderson Energy Development (NYSE:KED)Earnings History by Quarter for Kayne Anderson Energy Development (NYSE KED)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/31/2014||Q2 2014||($0.04)||($0.04)||$2.53 million||$2.26 million||View||N/A|
Earnings Estimates for Kayne Anderson Energy Development (NYSE:KED)
Current Year EPS Consensus Estimate: $2.04 EPS
Next Year EPS Consensus Estimate: $-1.27 EPS
Current Dividend Information for Kayne Anderson Energy Development (NYSE:KED)
|Most Recent Dividend:||10/13/2017|
|Dividend Growth:||2.90% (3 Year Average)|
|Payout Ratio:||78.43% (Based on This Year's Estimates)|
-125.98% (Based on Next Year's Estimates)
Dividend History by Quarter for Kayne Anderson Energy Development (NYSE KED)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for Kayne Anderson Energy Development (NYSE:KED)
Latest Headlines for Kayne Anderson Energy Development (NYSE:KED)
Kayne Anderson Energy Development (KED) Chart for Tuesday, October, 17, 2017