KKR & Co. Inc. (NYSE: KKR) Anticipated to Report Quarterly Gross sales of $ 594.30 Million
Inventory analysts count on KKR & Co. Inc. (NYSE: KKR) to report income of $ 594.30 million for the present fiscal quarter, in keeping with Zacks. Two analysts have made revenue estimates for KKR & Co. Inc. The decrease gross sales estimate is $ 584.10 million and the upper is $ 604.50 million. KKR & Co. Inc. recorded gross sales of $ 380.57 million in the identical quarter of final 12 months, suggesting a optimistic year-over-year development charge of 56.2%. The corporate is because of launch its subsequent earnings report on Wednesday, Could 5.
On common, analysts count on KKR & Co. Inc. to report annual income of $ 2.49 billion for the present 12 months, with estimates starting from $ 2.41 billion to $ 2.56 billion. For subsequent 12 months, analysts predict the corporate will report gross sales of $ 2.87 billion, with estimates starting from $ 2.76 billion to $ 2.98 billion. Zacks gross sales averages are a mean primarily based on a survey of sales-side analysis companies that cowl KKR & Co. Inc.
KKR & Co. Inc. (NYSE: KKR) final launched its quarterly outcomes on Sunday, February 7. The asset supervisor reported earnings per share (EPS) of $ 0.49 for the quarter, beating the consensus estimate of $ 0.41 by $ 0.08. In the identical quarter of final 12 months, the corporate made earnings per share of $ 0.44.
KKR has been the topic of a number of current analysis experiences. Morgan Stanley raised its value goal on KKR & Co. Inc. shares from $ 39.00 to $ 43.00 and gave the corporate an “equal weight” ranking in a analysis be aware on Tuesday, January 26 . Wells Fargo & Firm raised its value goal for KKR & Co. Inc. shares from $ 46.00 to $ 54.00 in a analysis be aware on Wednesday, February 10. Credit score Suisse Group raised its value goal on KKR & Co. Inc. shares from $ 45.00 to $ 47.00 and assigned the corporate a “impartial” ranking in a analysis be aware on Wednesday, February 10 . Citigroup raised its value goal on KKR & Co. Inc. shares from $ 52.50 to $ 62.50 in a analysis be aware on Wednesday, February 10. To complete, Zacks funding analysis upgraded KKR & Co. Inc. shares from a “maintain” ranking to a “robust purchase” ranking and set a value goal of $ 55.00 on the inventory in a analysis be aware on Friday 12 February. Three analysts rated the inventory with a upkeep ranking, seven gave the corporate’s inventory a purchase ranking, and two gave the corporate’s inventory a excessive purchase ranking. KKR & Co. Inc. has a “Purchase” consensus ranking and a mean value goal of $ 44.29.
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Shares of KKR inventory opened at $ 48.43 on Monday. The corporate has a present ratio of 1.29, a fast ratio of 1.29, and a debt ratio of 0.97. KKR & Co. Inc. has a one-year low of $ 15.55 and a one-year excessive of $ 49.29. The corporate’s fifty-day cellular common value is $ 44.71 and its two-hundred-day cellular common value is $ 39.30. The corporate has a market cap of $ 27.93 billion, a P / E ratio of 29.71, a PEG ratio of 1.61 and a beta of 1.42.
The corporate additionally lately introduced a quarterly dividend, which was paid on Tuesday, March 9. Buyers of report on Monday, February 22, obtained a dividend of $ 0.135 per share. This represents an annualized dividend of $ 0.54 and a dividend yield of 1.12%. The ex-dividend date was Friday February 19. The payout ratio of KKR & Co. Inc. is 32.34%.
As well as, Basic Counsel David Sorkin offered 30,000 shares of KKR & Co. Inc. in a transaction dated Thursday, February 25. The shares had been offered for a mean value of $ 45.06, for a complete transaction of $ 1,351,800.00. Following the closing of the sale, the Basic Counsel now owns 30,000 shares of the corporate, valued at roughly $ 1,351,800. The sale was disclosed in a authorized file with the Securities & Alternate Fee, which may be accessed through this hyperlink. As well as, Director Robert W. Scully bought 26,000 shares of KKR & Co. Inc. in a transaction that befell on Friday, February 12. The shares had been bought at a mean value of $ 48.13 per share, for a complete worth of $ 1,251,380.00. Following the acquisition, the director now straight owns 82,979 shares of the corporate, valued at roughly $ 3,993,779.27. Disclosure of this buy may be discovered right here. Insiders personal 39.34% of the shares of the corporate.
Various hedge funds and different institutional traders have lately purchased and offered KKR shares. Norges Financial institution bought a brand new stake in KKR & Co. Inc. within the 4th quarter valued at roughly $ 201,787,000. Morgan Stanley elevated its holdings in KKR & Co. Inc. by 104.7% within the 4th quarter. Morgan Stanley now owns 4,509,086 shares of the asset supervisor’s inventory valued at $ 182,574,000 after buying a further 2,306,814 shares through the interval. BlackRock Inc. elevated its holdings in KKR & Co. Inc. by 4.7% within the 4th quarter. BlackRock Inc. now owns 32,224,080 shares of the asset supervisor’s inventory valued at $ 1,304,755,000 after buying a further 1,454,932 shares through the interval. Value T Rowe Associates Inc. MD elevated its holdings in KKR & Co. Inc. by 7.2% within the 4th quarter. Value T Rowe Associates Inc. MD now owns 19,445,849 shares of the Asset Supervisor valued at $ 787,362,000 after buying a further 1,307,316 shares through the interval. Lastly, Alkeon Capital Administration LLC elevated its holdings in KKR & Co. Inc. by 26.0% within the third quarter. Alkeon Capital Administration LLC now owns 5,420,000 shares of the asset supervisor’s inventory valued at $ 186,123,000 after buying a further 1,120,000 shares through the interval. 77.96% of the shares are held by hedge funds and different institutional traders.
KKR & Co. Inc. Firm Profile
KKR & Co Inc is a personal fairness and actual property funding firm specializing in direct investments and funds of funds. He makes a speciality of acquisitions, leveraged buyouts, administration buyouts, particular credit score conditions, development shares, mature, mezzanine, distressed, turnaround, center and decrease market investments.
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7 Penny Shares That Do not Care About Robinhood
As you learn this, Vladimir Tenev, the CEO of the Robinhood buying and selling app, can be testifying earlier than Congress. The corporate’s function within the GameStop (NYSE: GME) brief squeeze can be known as into query.
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See the “7 Penny Shares That Do not Care About Robinhood”.
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