In today’s recent session, 1.08 million shares of the KKR & Co. Inc (NYSE:KKR) have been traded, and its beta is 1.92. Most recently the company’s share price was $102.32, and it changed around -$1.91 or -1.84% from the last close, which brings the market valuation of the company to $90.88B. KKR at last check was trading at a discount to its 52-week high of $170.40, offering almost -66.54% off that amount. The share price’s 52-week low was $86.15, which indicates that the recent value has risen by an impressive 15.8% since then. We note from KKR & Co. Inc’s average daily trading volume that its 10-day average is 10.88 million shares, with the 3-month average coming to 6.56 million.
KKR & Co. Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.41. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 3 recommended KKR as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight. KKR & Co. Inc is expected to report earnings per share of 1.14 for the current quarter.
KKR & Co. Inc (NYSE:KKR) trade information
Instantly KKR has been showing red trend so far today with a performance of -1.84% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 106.82 on recent trading dayincreased the stock’s daily price by 4.21%. The company’s shares are currently down -30.82% year-to-date, but still down -7.37% over the last five days. On the other hand, KKR & Co. Inc (NYSE:KKR) is -10.26% down in the 30-day period. We can see from the shorts that 10.24 million shares have been sold at a short interest cover period of 1.45 day(s).
The consensus price target as assigned by Wall Street analysts is $163, which translates to bulls needing to increase their stock price by 37.23% from its current value. Analyst projections state that KKR is forecast to be at a low of $141 and a high of $185.
KKR & Co. Inc (KKR) estimates and forecasts
The year-over-year growth rate is expected to be 18.90%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 1.71B in revenue for the current quarter. 5 analysts expect KKR & Co. Inc to make 1.96B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.39B and 1.73B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 22.82%. Forecasts for the next quarter put sales growth at 13.13%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -1.51%. KKR & Co. Inc earnings are expected to increase by 12.30% in 2025, but the outlook is positive 20.73% per year for the next five years.
KKR Dividends
KKR & Co. Inc’s next quarterly earnings report is expected to be released on 2025-Feb-03. The annual dividend yield of the stock is 0.68 percent and its annual dividend per share was 0.70. It is important to note, however, that the 0.68% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.01 per year.
KKR & Co. Inc (NYSE:KKR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 23.79% of KKR & Co. Inc shares, and 61.38% of them are in the hands of institutional investors. The stock currently has a share float of 80.53%. KKR & Co. Inc stock is held by 1688.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.2595% of the shares, which is about 55.4 million shares worth $5.83 billion.
BLACKROCK INC., with 4.8893% or 43.39 million shares worth $4.57 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 20.88 shares worth $2.14 billion, making up 2.35% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 18.27 shares worth around $1.87 billion, which represents about 2.06% of the total shares outstanding.
