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

$118.51
+1.80 (+1.54%)
(As of 07/26/2024 ET)
Today's Range
$118.04
$120.14
50-Day Range
$97.99
$118.51
52-Week Range
$53.72
$120.14
Volume
3.46 million shs
Average Volume
4.94 million shs
Market Capitalization
$105.17 billion
P/E Ratio
26.57
Dividend Yield
0.59%
Price Target
$101.20

KKR & Co. Inc. MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.93 Rating Score
Upside/​Downside
14.6% Downside
$101.20 Price Target
Short Interest
Healthy
1.91% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.67
Upright™ Environmental Score
News Sentiment
0.46mentions of KKR & Co. Inc. in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$1.68 B Sold Last Quarter
Proj. Earnings Growth
33.59%
From $3.96 to $5.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.97 out of 5 stars

Finance Sector

9th out of 898 stocks

Investment Advice Industry

2nd out of 49 stocks

KKR stock logo

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

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 Stock Price History

KKR Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
7 Explosive Growth Stocks Set to Soar in 2024
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Instructure to be Acquired by KKR for $4.8 Billion
Belk Deleverages as KKR, Hein Park Take Control
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 5/28 Dividend
5/10/2024
Dividend Payable
5/28/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
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
$101.20
High Stock Price Target
$145.00
Low Stock Price Target
$70.00
Potential Upside/Downside
-14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
14 Analysts

Profitability

Net Income
$3.73 billion
Pretax Margin
35.71%

Debt

Sales & Book Value

Annual Sales
$14.50 billion
Cash Flow
$2.93 per share
Book Value
$65.27 per share

Miscellaneous

Free Float
538,298,000
Market Cap
$105.17 billion
Optionable
Optionable
Beta
1.62
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Should I Buy KKR & Co. Inc. Stock? KKR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Kohlberg Kravis Roberts & Co. L.P.:

  • The recent increase in dividend payout from $0.17 to $0.175 per share indicates a positive financial outlook and potential for higher returns for investors.
  • KKR & Co. Inc. has shown consistent revenue generation, with reported revenue of $986.51 million for the last quarter, surpassing analyst estimates.
  • Strong institutional investor confidence, with major players like Wellington Management Group LLP significantly increasing their stake in the company, signaling long-term growth potential.
  • The company's market capitalization of $98.27 billion reflects its strong position in the market and stability as an investment option.
  • Recent trading performance showing an upward trend, with the stock trading at $110.74, indicating positive market sentiment and potential for capital appreciation.

Cons

Investors should be bearish about investing in Kohlberg Kravis Roberts & Co. L.P. for these reasons:

  • The company's debt-to-equity ratio of 0.86 may pose a risk in terms of financial leverage and potential vulnerability to economic downturns.
  • While the company's PEG ratio of 0.94 is favorable, indicating potential growth at a reasonable price, investors should be cautious of market volatility affecting valuation.
  • KKR & Co. Inc.'s beta of 1.62 suggests higher volatility compared to the market average, which may not be suitable for risk-averse investors.
  • With a dividend payout ratio (DPR) of 15.70%, investors should consider the sustainability of dividend payments in relation to the company's earnings and cash flow.
  • Although the stock has shown positive performance, the 1-year high of $113.91 may indicate a potential near-term resistance level for further price appreciation.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these KKR & Co. Inc. pros and cons to contact@marketbeat.com.

KKR Stock Analysis - Frequently Asked Questions

How have KKR shares performed this year?

KKR & Co. Inc.'s stock was trading at $82.85 at the start of the year. Since then, KKR shares have increased by 43.0% and is now trading at $118.51.
View the best growth stocks for 2024 here
.

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

KKR & Co. Inc. (NYSE:KKR) announced its quarterly earnings results on Wednesday, May, 1st. The asset manager reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.80 by $0.02. The asset manager earned $986.51 million during the quarter, compared to analysts' expectations of $989.14 million. KKR & Co. Inc. had a net margin of 19.38% and a trailing twelve-month return on equity of 4.52%.

What is Henry R. Kravis' approval rating as KKR & Co. Inc.'s CEO?

80 employees have rated KKR & Co. Inc. Chief Executive Officer Henry R. Kravis on Glassdoor.com. Henry R. Kravis has an approval rating of 99% among the company's employees. This puts Henry R. Kravis in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are KKR & Co. Inc.'s major shareholders?

KKR & Co. Inc.'s top institutional investors include Bank of New York Mellon Corp (0.45%), Van Lanschot Kempen Investment Management N.V. (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.15%) and Raymond James & Associates (0.11%). Insiders that own company stock include Kkr Group Partnership LP, Phorm Investors LP Kkr, Kkr Alternative Assets Llc, David Sorkin, Matt Cohler and George R Roberts.
View institutional ownership trends
.

How do I buy shares of KKR & Co. Inc.?

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.

What other stocks do shareholders of KKR & Co. Inc. own?

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).

This page (NYSE:KKR) was last updated on 7/26/2024 by MarketBeat.com Staff

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