NYSE:KKR - KKR & Co Inc Class A Stock Price, News, Headlines & Rumors

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$25.37 +0.27 (+1.08 %)
(As of 08/17/2018 08:59 AM ET)
Previous Close$25.10
Today's Range$25.30 - $25.47
52-Week Range$17.96 - $27.95
Volume1.48 million shs
Average Volume4.08 million shs
Market Capitalization$13.50 billion
P/E Ratio10.66
Dividend Yield2.67%
Beta1.67
KKR & Co Inc Class A logoKKR & 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
SymbolNYSE:KKR
CUSIPN/A
Phone212-750-8300

Debt

Debt-to-Equity Ratio0.87
Current Ratio0.90
Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio10.66
Forward P/E Ratio15.10
P/E Growth1.31

Sales & Book Value

Annual Sales$3.28 billion
Price / Sales4.06
Cash Flow$4.1796 per share
Price / Cash6.07
Book Value$40.98 per share
Price / Book0.62

Profitability

EPS (Most Recent Fiscal Year)$2.38
Net Income$1.02 billion
Net Margins39.10%
Return on Equity7.34%
Return on Assets3.22%

Miscellaneous

Employees1,184
Outstanding Shares524,770,000
Market Cap$13.50 billion

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

What is KKR & Co Inc Class A's stock symbol?

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

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

KKR & Co Inc Class A declared a quarterly dividend on Friday, July 27th. Stockholders of record on Monday, August 6th will be paid a dividend of $0.17 per share on Tuesday, August 21st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date of this dividend is Friday, August 3rd. View KKR & Co Inc Class A's Dividend History.

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

KKR & Co Inc Class A declared that its Board of Directors has approved a stock repurchase plan on Tuesday, April 11th 2017, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 35% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

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

KKR & Co Inc Class A (NYSE:KKR) posted its earnings results on Thursday, July, 26th. The asset manager reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.03. The asset manager earned $398 million during the quarter, compared to analysts' expectations of $391.74 million. KKR & Co Inc Class A had a return on equity of 7.34% and a net margin of 39.10%. The business's revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 EPS. View KKR & Co Inc Class A's Earnings History.

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

KKR & Co Inc Class A is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for KKR & Co Inc Class A.

What price target have analysts set for KKR?

12 brokerages have issued 12 month price objectives for KKR & Co Inc Class A's stock. Their forecasts range from $22.00 to $35.00. On average, they expect KKR & Co Inc Class A's share price to reach $30.5455 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Price Targets for KKR & Co Inc Class A.

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

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KKR & Co Inc Class A in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for KKR & Co Inc Class A.

Are investors shorting KKR & Co Inc Class A?

KKR & Co Inc Class A saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 11,368,303 shares, an increase of 109.4% from the July 13th total of 5,429,955 shares. Based on an average daily trading volume, of 5,282,141 shares, the short-interest ratio is presently 2.2 days. Currently, 2.4% of the shares of the company are sold short. View KKR & Co Inc Class A's Current Options Chain.

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

Who are KKR & Co Inc Class A's key executives?

KKR & Co Inc Class A'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)

Has KKR & Co Inc Class A been receiving favorable news coverage?

News coverage about KKR stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KKR & Co Inc Class A earned a news and rumor sentiment score of 0.00 on Accern's scale. They also gave news articles about the asset manager an impact score of 46.59 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for KKR & Co Inc Class A.

Who are KKR & Co Inc Class A's major shareholders?

KKR & Co Inc Class A's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (5.27%), Morgan Stanley (3.78%), Vulcan Value Partners LLC (2.98%), Akre Capital Management LLC (1.91%), Putnam Investments LLC (1.80%) and Ariel Investments LLC (1.29%). Company insiders that own KKR & Co Inc Class A 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 Class A.

Which institutional investors are selling KKR & Co Inc Class A stock?

KKR stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Morgan Stanley, Ariel Investments LLC, Coronation Fund Managers Ltd., American Financial Group Inc., Beach Investment Counsel Inc. PA, GMT Capital Corp and Royce & Associates LP. Company insiders that have sold KKR & Co Inc Class A 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 Class A.

Which institutional investors are buying KKR & Co Inc Class A stock?

KKR stock was bought by a variety of institutional investors in the last quarter, including Vulcan Value Partners LLC, Akre Capital Management LLC, Iridian Asset Management LLC CT, Putnam Investments LLC, FMR LLC, ING Groep NV, Brown Advisory Inc. and Kavi Asset Management LP. Company insiders that have bought KKR & Co Inc Class A 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 Class A.

How do I buy shares of KKR & Co Inc Class A?

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 Class A's stock price today?

One share of KKR stock can currently be purchased for approximately $25.37.

How big of a company is KKR & Co Inc Class A?

KKR & Co Inc Class A has a market capitalization of $13.50 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 Class A employs 1,184 workers across the globe.

How can I contact KKR & Co Inc Class A?

KKR & Co Inc Class A'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 Class A (NYSE KKR)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  499 (Vote Outperform)
Underperform Votes:  339 (Vote Underperform)
Total Votes:  838
MarketBeat's community ratings are surveys of what our community members think about KKR & Co Inc Class A 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 8/17/2018 by MarketBeat.com Staff

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