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

$94.48
+1.86 (+2.01%)
(As of 04/22/2024 ET)
Today's Range
$92.75
$95.20
50-Day Range
$92.64
$101.66
52-Week Range
$47.79
$103.48
Volume
3.08 million shs
Average Volume
3.46 million shs
Market Capitalization
$83.62 billion
P/E Ratio
23.16
Dividend Yield
0.70%
Price Target
$90.64

KKR & Co. Inc. MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
4.1% Downside
$90.64 Price Target
Short Interest
Healthy
0.78% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.67
Upright™ Environmental Score
News Sentiment
0.55mentions of KKR & Co. Inc. in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$136.21 M Sold Last Quarter
Proj. Earnings Growth
27.92%
From $4.19 to $5.36 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.

4.99 out of 5 stars

Finance Sector

3rd out of 852 stocks

Investment Advice Industry

1st out of 45 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

Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
KKR & Co. Follows Berkshire Hathaway
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Here’s Why KKR & Co. (KKR) Outperformed in Q1
DOJ Scrutinizing Private Equity Merger Disclosures
Accel-KKR Welcomes Tim Sherwin to Entersekt Board
See More Headlines
Receive KKR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for KKR & Co. Inc. and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/06/2024
Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Employees
4,490
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$90.64
High Stock Price Target
$144.00
Low Stock Price Target
$64.00
Potential Upside/Downside
-4.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
13 Analysts

Profitability

Net Income
$3.73 billion
Pretax Margin
45.21%

Debt

Sales & Book Value

Annual Sales
$14.50 billion
Cash Flow
$2.92 per share
Book Value
$65.27 per share

Miscellaneous

Free Float
536,845,000
Market Cap
$83.62 billion
Optionable
Optionable
Beta
1.61
5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

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.:

  • KKR has shown consistent growth in its private equity and real estate investments, providing potential for high returns.
  • The company's expertise in acquisitions, leveraged buyouts, and credit special situations can lead to profitable opportunities.
  • Recent market trends indicate a positive outlook for KKR's investment strategies, attracting investor interest.
  • KKR's diversified portfolio across different investment types offers a balanced approach to risk management.
  • Current stock price of KKR is favorable for entry, presenting a potential value opportunity for investors.

Cons

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

  • Market volatility and economic uncertainties could impact the performance of KKR's investments.
  • The private equity industry is subject to regulatory changes that may affect KKR's operations and profitability.
  • Competitive landscape in the private equity sector may pose challenges for KKR in identifying lucrative investment opportunities.
  • Fluctuations in interest rates and global economic conditions could influence the success of KKR's investment strategies.
  • Investing in private equity and real estate involves inherent risks that may not be suitable for all types of investors.
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 Saturday, April 13, 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

Should I buy or sell KKR & Co. Inc. stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KKR & Co. Inc. in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KKR shares.
View KKR analyst ratings
or view top-rated stocks.

What is KKR & Co. Inc.'s stock price target for 2024?

13 Wall Street research analysts have issued twelve-month target prices for KKR & Co. Inc.'s stock. Their KKR share price targets range from $64.00 to $144.00. On average, they predict the company's stock price to reach $90.64 in the next year. This suggests that the stock has a possible downside of 4.1%.
View analysts price targets for KKR
or view top-rated stocks among Wall Street analysts.

How have KKR shares performed in 2024?

KKR & Co. Inc.'s stock was trading at $82.85 on January 1st, 2024. Since then, KKR stock has increased by 14.0% and is now trading at $94.48.
View the best growth stocks for 2024 here
.

Are investors shorting KKR & Co. Inc.?

KKR & Co. Inc. saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 6,860,000 shares, a decrease of 11.6% from the March 15th total of 7,760,000 shares. Based on an average daily trading volume, of 3,430,000 shares, the short-interest ratio is currently 2.0 days.
View KKR & Co. Inc.'s Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our KKR earnings forecast
.

How can I listen to KKR & Co. Inc.'s earnings call?

KKR & Co. Inc. will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

KKR & Co. Inc. (NYSE:KKR) posted its quarterly earnings data on Tuesday, February, 6th. The asset manager reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.03. The asset manager earned $1.07 billion during the quarter, compared to analyst estimates of $995.64 million. KKR & Co. Inc. had a net margin of 25.74% and a trailing twelve-month return on equity of 4.21%.

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

KKR & Co. Inc. announced a quarterly dividend on Tuesday, February 6th. Shareholders of record on Friday, February 16th will be given a dividend of $0.165 per share on Friday, March 1st. This represents a $0.66 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Thursday, February 15th.
Read our dividend analysis for KKR
.

Is KKR & Co. Inc. a good dividend stock?

KKR & Co. Inc. (NYSE:KKR) pays an annual dividend of $0.66 per share and currently has a dividend yield of 0.71%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KKR will have a dividend payout ratio of 12.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KKR.

What guidance has KKR & Co. Inc. issued on next quarter's earnings?

KKR & Co. Inc. issued an update on its FY 2026 earnings guidance on Wednesday, April, 10th. The company provided EPS guidance of 7.000-8.000 for the period. The company issued revenue guidance of -.

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.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Bank of America (BAC), General Electric (GE), AT&T (T) and Intel (INTC).

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

KKR & Co. Inc.'s stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.15%), Wealth Enhancement Advisory Services LLC (0.02%), Perennial Advisors LLC (0.01%), IFM Investors Pty Ltd (0.01%) and Chickasaw Capital Management LLC (0.01%). Insiders that own company stock include David Sorkin, George R Roberts, Kkr Alternative Assets Llc, Kkr Group Partnership LP, Matt Cohler and Phorm Investors LP Kkr.
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.

This page (NYSE:KKR) was last updated on 4/22/2024 by MarketBeat.com Staff

From Our Partners