21-May-2024
KKR Invests in Leading Filipino Higher Education Group PHINMA Education
Business Wire (Tue, 21-May 8:37 PM ET)
KKR invests in healthcare revenue solutions provider Infinx
Seeking Alpha News (Tue, 21-May 4:21 AM ET)
KKR Invests in Healthcare Revenue Solutions Provider Infinx
Business Wire (Tue, 21-May 1:30 AM ET)
KKR to Present at the TD Financial Services & Fintech Summit
Business Wire (Mon, 20-May 4:15 PM ET)
KKR gives $300M corporate credit facility to Origis Energy
Seeking Alpha News (Mon, 20-May 7:35 AM ET)
KKR Provides $300 Million Corporate Credit Facility to Origis Energy
Business Wire (Mon, 20-May 7:00 AM ET)
mdf commerce Announces Completion of Acquisition by KKR
Globe Newswire (Fri, 17-May 2:51 PM ET)
KKR to Present at the Bernstein 40th Annual Strategic Decisions Conference 2024
Business Wire (Mon, 13-May 4:15 PM ET)
KKR Income Opportunities Fund Declares Monthly Distributions of $0.1215 Per Share
Business Wire (Mon, 13-May 11:06 AM ET)
KKR Acquires Nashville Logistics Property
Business Wire (Mon, 13-May 7:00 AM ET)
KKR & Co Inc is one of the world's largest alternative asset managers, with $552.8 billion in total managed assets, including $446.4 billion in fee-earning AUM, at the end of 2023. The company has two core segments: asset management (which includes private markets—private equity, credit, infrastructure, energy, and real estate—and public markets—primarily credit and hedge/investment fund platforms) and insurance (following the firm's initial investment in, and then ultimate purchase of, Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance). On the asset management side, private markets account for 50% of fee-earning AUM and 70% of base management fees, while public markets account for 50% and 30%, respectively.
KKR & Co. trades on the NYSE stock market under the symbol KKR.
As of May 21, 2024, KKR stock price climbed to $106.49 with 1,994,463 million shares trading.
KKR has a beta of 1.85, meaning it tends to be more sensitive to market movements. KKR has a correlation of 0.60 to the broad based SPY ETF.
KKR has a market cap of $94.50 billion. This is considered a Large Cap stock.
Last quarter KKR & Co. reported $1 billion in Revenue and $.97 earnings per share. This fell short of revenue expectation by $-107 million and exceeded earnings estimates by $.01.
In the last 3 years, KKR stock traded as high as $107.94 and as low as $41.77.
The top ETF exchange traded funds that KKR belongs to (by Net Assets): VTI, VXF, VTV, IWR, IWD.
KKR has outperformed the market in the last year with a price return of +114.2% while the SPY ETF gained +28.5%. KKR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +14.5% and +8.6%, respectively, while the SPY returned +7.3% and +2.9%, respectively.
KKR support price is $102.40 and resistance is $107.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KKR stock will trade within this expected range on the day.