Bullish On KKR? You Might Want To Consider This Credit Put Spread Expiring in 15 Days
Market Chameleon (Fri, 8-Nov 6:08 AM ET)
KKR Acquires Over a Third of FUJI SOFT With Completion of First Stage of Tender Offer
Business Wire (Thu, 7-Nov 8:17 PM ET)
FS KKR Capital Corp. Announces Third Quarter 2024 Results
PRNewswire (Wed, 6-Nov 4:15 PM ET)
Integral Ad Science surges on report KKR is in talks to acquire
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Biosynth Names Matt Gunnison as CEO, Kieran Murphy Appointed as Chairman
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NielsenIQ evaluating IPO at valuation close to $10B - Bloomberg
Seeking Alpha News (Tue, 5-Nov 2:54 PM ET)
Business Wire (Tue, 5-Nov 1:15 PM ET)
eRESI Secures Additional Investment from KKR
Business Wire (Mon, 4-Nov 7:00 AM ET)
Business Wire (Wed, 30-Oct 7:00 AM ET)
Capital Group and KKR Advance Public-Private Investment Solutions for Individual Investors
PRNewswire (Tue, 29-Oct 9:18 AM ET)
KKR is one of the world's largest alternative asset managers, with $601.3 billion in total managed assets, including $487.3 billion in fee-earning AUM, at the end of June 2024. 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).
KKR & Co. trades on the NYSE stock market under the symbol KKR.
As of November 8, 2024, KKR stock price climbed to $152.20 with 2,808,618 million shares trading.
KKR has a beta of 1.72, meaning it tends to be more sensitive to market movements. KKR has a correlation of 0.47 to the broad based SPY ETF.
KKR has a market cap of $135.06 billion. This is considered a Large Cap stock.
Last quarter KKR & Co. reported $2 billion in Revenue and $1.38 earnings per share. This beat revenue expectation by $170 million and exceeded earnings estimates by $.17.
In the last 3 years, KKR traded as high as $153.51 and as low as $41.77.
The top ETF exchange traded funds that KKR belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
KKR has outperformed the market in the last year with a price return of +145.5% while the SPY ETF gained +38.5%. KKR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +40.2% and +6.3%, respectively, while the SPY returned +15.7% and +3.3%, respectively.
KKR support price is $148.34 and resistance is $153.08 (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 shares will trade within this expected range on the day.