It’s Not Over Yet For KKR & Co. Inc (NYSE: KKR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that KKR & Co. Inc. to Announce Fourth Quarter 2023 Results.

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Stocks Info

KKR & Co. Inc is listed on the NYSE as a member of the Financial sector and is a part of the Asset Management industry. At the end of the last regular session, the stock closed at $81.56 and fluctuated between $82.38 as its day high and $80.89 as its day low. The current market capitalization of KKR & Co. Inc is $72.18B. A total of 1.5 million shares were traded on the day, compared to an average of 3.40M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, KKR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 10 BUYs and 2 SELLs from insiders. Insiders purchased 30,290 shares during that period but sold 40,000.

In the most recent transaction, KKR Group Partnership L.P. sold 3,000,000 shares of KKR for 10.90 per share on Nov 15. After the transaction, the 10% Owner now owns 0 company shares. In a previous transaction on Aug 21, KKR Group Partnership L.P. sold 15,000,000 shares at 36.85 per share. KKR shares that 10% Owner owns now total 4,570,327.

Among the insiders who sold shares, KKR Group Partnership L.P. disposed of 10,000,000 shares on Aug 14 at a per-share price of $37.00. This resulted in the 10% Owner holding 19,644,896 shares of KKR after the transaction. In another insider transaction, KKR Phorm Investors L.P. bought 1,735,988 shares at $3.30 per share on Jul 21. Company shares held by the 10% Owner now total 24,411,968.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. KKR & Co. Inc pays an annual dividend of $0.66, resulting in a dividend yield of 0.81%, and it has a price to earnings (P/E) ratio of 26.81. KKR’s most recent ex-dividend date was 11/16/2023 when it declared a $0.1650 quarterly dividend that was paid in cash on 12/1/2023. Previously, the company paid the dividend on 8/31/2023 with an ex-dividend date of 8/16/2023. The KKR stock dividend was $0.1650 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for KKR in the last 3 months, the mean price target is $93.88 with high estimates of $115.00 and low estimates of $75.00. In terms of 52-week highs and lows, KKR has a high of $85.66 and a low of $47.46.

As of this writing, KKR has an earnings estimate of $0.93 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.13 per share and a lower estimate of $0.83. The company reported an EPS of $0.73 in the last quarter, which was 2.80% higher than expectations of $0.71.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. KKR’s latest balance sheet shows that the firm has $10.09B in Cash & Short Term Investments as of fiscal 2021. There were $39.29B in debt and $30.83B in liabilities at the time. Its Book Value Per Share was $23.07, while its Total Shareholder’s Equity was $58.14B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KKR is Buy with a score of 4.81.

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