KKR & Co. Inc (NYSE:KKR) shares, rose in value on Wednesday, January 22, with the stock price up by 0.50% to the previous day’s close as strong demand from buyers drove the stock to $161.51.
Actively observing the price movement in the last trading, the stock closed the session at $160.71, falling within a range of $158.88 and $162.0. The value of beta (5-year monthly) was 1.606 whereas the PE ratio was 49.97 over 12-month period. Referring to stock’s 52-week performance, its high was $163.68, and the low was $83.01. On the whole, KKR has fluctuated by 12.98% over the past month.
With the market capitalization of KKR & Co. Inc currently standing at about $143.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.69, with its dividend yield at 0.43%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.12B, with a low estimate of 1.85B and a high estimate of 2.1B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.99B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KKR’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.91, with the price of KKR currently trading nearly 7.53% and 5.69% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.19, while the 7-day volatility ratio is showing 2.24% which for the 30-day chart, stands at 2.67%. Furthermore, KKR & Co. Inc (KKR)’s beta value is 1.66, and its average true range (ATR) is 4.34.
A comparison of KKR & Co. Inc (KKR) with its peers suggests the former has fared considerably weaker in the market. KKR showed an intraday change of 0.50% in last session, and over the past year, it grew by 91.84%%.
Data on historical trading for KKR & Co. Inc (NYSE:KKR) indicates that the trading volumes over the past 10 days have averaged 3.98 and over the past 3 months, they’ve averaged 3.35 million. According to company’s latest data on outstanding shares, there are 887.45 million shares outstanding.
Nearly 23.88% of KKR & Co. Inc’s shares belong to company insiders and institutional investors own 60.73% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.76 million shares as on 2024-12-31, resulting in a short ratio of 3.45. According to the data, the short interest in KKR & Co. Inc (KKR) stood at 174.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 11.14 million. The stock has risen by 9.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KKR stock heading into the next quarter.
