In the last trading session, 3.82 million KKR & Co. Inc (NYSE:KKR) shares changed hands as the company’s beta touched 1.91. With the company’s per share price at $114.35 changed hands at $0.42 or 0.37% during last session, the market valuation stood at $101.57B. KKR’s last price was a discount, traded about -49.02% off its 52-week high of $170.40. The share price had its 52-week low at $86.15, which suggests the last value was 24.66% up since then. When we look at KKR & Co. Inc’s average trading volume, we note the 10-day average is 4.87 million shares, with the 3-month average coming to 6.73 million.
Analysts gave the KKR & Co. Inc (KKR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.41. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended KKR as a Hold, 14 felt it is a Buy and 0 rated the stock as Underweight. KKR & Co. Inc’s EPS for the current quarter is expected to be 1.13.
KKR & Co. Inc (NYSE:KKR) trade information
Instantly KKR was in green as seen at the end of in last trading. With action 11.80%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -22.69%, with the 5-day performance at 11.80% in the green. However, in the 30-day time frame, KKR & Co. Inc (NYSE:KKR) is -0.44% down. Looking at the short shares, we see there were 8.92 million shares sold at short interest cover period of 1.18 days.
The consensus price target for the stock as assigned by Wall Street analysts is 141, meaning bulls need an upside of 18.9% from its current market value. According to analyst projections, KKR’s forecast low is 119 with 185 as the target high. To hit the forecast high, the stock’s price needs a -61.78% plunge from its current level, while the stock would need to soar -4.07% for it to hit the projected low.
KKR & Co. Inc (KKR) estimates and forecasts
Year-over-year growth is forecast to reach 15.20% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 1.71B. 5 analysts are of the opinion that KKR & Co. Inc’s revenue for the current quarter will be 1.9B. The company’s revenue for the corresponding quarters a year ago was 1.39B and 1.73B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 22.79%. The estimates for the next quarter sales put growth at 9.83%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -1.51%. The 2025 estimates are for KKR & Co. Inc earnings to increase by 11.12%, but the outlook for the next 5-year period is at 20.49% per year.
KKR Dividends
KKR & Co. Inc is expected to release its next quarterly earnings report on 2025-Feb-03. The 0.61% annual yield figure for the share gives it an annual dividend of 0.70. It is important to note, however, that the 0.61% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.01 per year.
KKR & Co. Inc (NYSE:KKR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 23.79% of KKR & Co. Inc shares while 61.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 80.44%. There are 61.30% institutions holding the KKR & Co. Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 6.2427% of the shares, roughly 55.4 million KKR shares worth $5.83 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.8893% or 43.39 million shares worth $4.57 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 20.88 shares estimated at $2.39 billion under it, the former controlled 2.35% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.06% of the shares, roughly 18.27 shares worth around $2.09 billion.
