NYSE:KKR - KKR & Co Inc Stock Price, News, & Analysis

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$20.12 -0.67 (-3.22 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$20.79
Today's Range$20.00 - $20.81
52-Week Range$19.37 - $28.73
Volume3.99 million shs
Average Volume3.73 million shs
Market Capitalization$11.07 billion
P/E Ratio8.45
Dividend Yield2.40%
Beta1.6
KKR & Co. L.P. 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, 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. 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. L.P. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, and Asia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:KKR
Previous Symbol
CUSIPN/A
Phone212-750-8300

Debt

Debt-to-Equity Ratio0.82
Current Ratio1.01
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio8.45
Forward P/E Ratio10.65
P/E Growth0.97

Sales & Book Value

Annual Sales$3.28 billion
Price / Sales3.26
Cash Flow$4.1061 per share
Price / Cash Flow4.90
Book Value$40.98 per share
Price / Book0.49

Profitability

EPS (Most Recent Fiscal Year)$2.38
Net Income$1.02 billion
Net Margins48.08%
Return on Equity6.95%
Return on Assets3.17%

Miscellaneous

Employees1,184
Outstanding Shares532,520,000
Market Cap$11.07 billion
OptionableOptionable

KKR & Co Inc (NYSE:KKR) Frequently Asked Questions

What is KKR & Co Inc's stock symbol?

KKR & Co Inc trades on the New York Stock Exchange (NYSE) under the ticker symbol "KKR."

How often does KKR & Co Inc pay dividends? What is the dividend yield for KKR & Co Inc?

KKR & Co Inc declared a quarterly dividend on Friday, October 26th. Investors of record on Monday, November 5th will be given a dividend of $0.125 per share on Tuesday, November 20th. This represents a $0.50 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Friday, November 2nd. View KKR & Co Inc's Dividend History.

How will KKR & Co Inc's stock buyback program work?

KKR & Co Inc declared that its Board of Directors has authorized a stock buyback program on Tuesday, April 11th 2017, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 35% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

How were KKR & Co Inc's earnings last quarter?

KKR & Co Inc (NYSE:KKR) issued its earnings results on Thursday, October, 25th. The asset manager reported $0.60 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.55 by $0.05. The asset manager had revenue of $491.50 million for the quarter, compared to the consensus estimate of $401.39 million. KKR & Co Inc had a net margin of 48.08% and a return on equity of 6.95%. View KKR & Co Inc's Earnings History.

When is KKR & Co Inc's next earnings date?

KKR & Co Inc is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for KKR & Co Inc.

What price target have analysts set for KKR?

12 equities research analysts have issued 12-month price objectives for KKR & Co Inc's stock. Their predictions range from $22.00 to $35.00. On average, they anticipate KKR & Co Inc's stock price to reach $30.0275 in the next twelve months. This suggests a possible upside of 49.2% from the stock's current price. View Analyst Price Targets for KKR & Co Inc.

What is the consensus analysts' recommendation for KKR & Co Inc?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KKR & Co Inc in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for KKR & Co Inc.

Has KKR & Co Inc been receiving favorable news coverage?

Media coverage about KKR stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KKR & Co Inc earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

Are investors shorting KKR & Co Inc?

KKR & Co Inc saw a decline in short interest in the month of November. As of November 30th, there was short interest totalling 7,109,089 shares, a decline of 29.0% from the November 15th total of 10,011,532 shares. Based on an average daily trading volume, of 4,090,652 shares, the short-interest ratio is currently 1.7 days. Approximately 1.4% of the shares of the company are sold short. View KKR & Co Inc's Current Options Chain.

Who are some of KKR & Co Inc's key competitors?

Who are KKR & Co Inc's key executives?

KKR & Co Inc's management team includes the folowing people:
  • Mr. George R. Roberts J.D., Co-Founder, Co-Chairman and Co-Chief Exec. Officer of KKR Management LLC (Age 75)
  • Mr. Henry Robert Kravis, Co-Founder, Co-Chairman and Co-Chief Exec. Officer of KKR Management LLC (Age 74)
  • Mr. Joseph Y. Bae, Co-Pres, Co-COO & Director of KKR Management LLC (Age 46)
  • Mr. Scott C. Nuttall, Co-Pres, Co-COO & Director of KKR Management LLC (Age 45)
  • Mr. William J. Janetschek CPA, Member & Chief Financial Officer of KKR Management LLC (Age 55)

Who are KKR & Co Inc's major shareholders?

KKR & Co Inc's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (7.07%), FMR LLC (4.34%), Jackson Square Partners LLC (4.34%), BlackRock Inc. (2.10%), Putnam Investments LLC (1.81%) and Pzena Investment Management LLC (1.77%). Company insiders that own KKR & Co Inc stock include Fund Holdings LP Kkr, Holdings LP Valueact, Kkr Credit Advisors (Us) Llc and Robert W Scully. View Institutional Ownership Trends for KKR & Co Inc.

Which institutional investors are selling KKR & Co Inc stock?

KKR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Capital Research Global Investors, JPMorgan Chase & Co., FMR LLC, Iridian Asset Management LLC CT, Alliancebernstein L.P., Man Group plc and Robeco Institutional Asset Management B.V.. Company insiders that have sold KKR & Co Inc company stock in the last year include Fund Holdings LP Kkr and Kkr Credit Advisors (Us) Llc. View Insider Buying and Selling for KKR & Co Inc.

Which institutional investors are buying KKR & Co Inc stock?

KKR stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Jackson Square Partners LLC, BlackRock Inc., Pzena Investment Management LLC, Macquarie Group Ltd., Bank of Montreal Can, Capital International Investors and TD Asset Management Inc.. Company insiders that have bought KKR & Co Inc stock in the last two years include Fund Holdings LP Kkr, Holdings LP Valueact and Robert W Scully. View Insider Buying and Selling for KKR & Co Inc.

How do I buy shares of KKR & Co Inc?

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

What is KKR & Co Inc's stock price today?

One share of KKR stock can currently be purchased for approximately $20.12.

How big of a company is KKR & Co Inc?

KKR & Co Inc has a market capitalization of $11.26 billion and generates $3.28 billion in revenue each year. The asset manager earns $1.02 billion in net income (profit) each year or $2.38 on an earnings per share basis. KKR & Co Inc employs 1,184 workers across the globe.

What is KKR & Co Inc's official website?

The official website for KKR & Co Inc is http://www.kkr.com.

How can I contact KKR & Co Inc?

KKR & Co Inc's mailing address is 9 WEST 57TH STREET SUITE 4200, NEW YORK NY, 10019. The asset manager can be reached via phone at 212-750-8300 or via email at [email protected]


MarketBeat Community Rating for KKR & Co Inc (NYSE KKR)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  520 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  905
MarketBeat's community ratings are surveys of what our community members think about KKR & Co Inc and other stocks. Vote "Outperform" if you believe KKR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KKR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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