KKR & Co. Inc. (NYSE:KKR) has a beta value of 1.51 and has seen 3,109,464 shares traded in the recent trading session. The company, currently valued at $31.08 Billion, closed the recent trade at $36.65 per share which meant it gained $1.65 on the day or 4.73% during that session. The KKR stock price is -1.42% off its 52-week high price of $37.17 and 57.57% above the 52-week low of $15.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.77 Million shares traded. The 3-month trading volume is 3.92 Million shares.
KKR & Co. Inc. (NYSE:KKR) trade information
Sporting 4.73% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Aug 10 when the KKR stock price touched $37.17- or saw a rise of 1.84%. Year-to-date, KKR & Co. Inc. shares have moved 25.08%, while the 5-day performance has seen it change 0.48%. Over the past 30 days, the shares of KKR & Co. Inc. (NYSE:KKR) have changed 4.57%. Short interest in the company has seen 17.2 Million shares shorted with days to cover at 4.39.
KKR & Co. Inc. (KKR) estimates and forecasts
Figures show that KKR & Co. Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +3.49% over the past 6 months, with this year growth rate of -7.19%, compared to -7.6% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -23.9% and -9.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be -2.7%.
12 analysts offering their estimates for the company have set an average revenue estimate of $833Million for the current quarter. 12 have an estimated revenue figure of $913.01 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $963.69 Million and $962.07 Million respectively for this quarter and the next, and analysts expect sales will grow by -13.6% for the current quarter and -5.1% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +25% over the past 5 years. Earnings growth for 2020 is a modest +71.9% while over the next 5 years, the company’s earnings are expected to increase by 12.71%.
KKR & Co. Inc. is expected to release its next earnings report between October 27 and November 02 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.54 at a share yield of 1.54%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.24%.
KKR & Co. Inc. (NYSE:KKR)’s Major holders
Insiders own 4.32% of the company shares, while shares held by institutions stand at 81.52% with a share float percentage of 85.2%. Investors are also buoyed by the number of investors in a company, with KKR & Co. Inc. having a total of 665 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 48.96 Million shares worth more than $1.15 Billion. As of March 30, 2020, Vanguard Group, Inc. (The) held 8.76% of shares outstanding.
The other major institutional holder is ValueAct Holdings, L.P., with the holding of over 45Million shares as of March 30, 2020. The firm’s total holdings are worth over $1.06 Billion and represent 8.06% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Professionally Managed Portf-Akre Focus Fund. As of March 30, 2020, the former fund manager holds about 2.75% shares in the company for having 15345225 shares of worth $360.15 Million while later fund manager owns 14.25 Million shares of worth $359.24 Million as of April 29, 2020, which makes it owner of about 2.55% of company’s outstanding stock.