KKR & Co. Inc. (NYSE:KKR) Issues Earnings Results

KKR & Co. Inc. (NYSE:KKR) posted its quarterly earnings data on Tuesday. The asset manager reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by ($0.18), Zacks reports. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%.

KKR & Co. Inc. Stock Down 2.4 %

Shares of KKR opened at $163.00 on Tuesday. The company’s 50-day moving average price is $154.57 and its 200 day moving average price is $138.45. KKR & Co. Inc. has a 12-month low of $87.28 and a 12-month high of $170.40. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The firm has a market cap of $144.78 billion, a P/E ratio of 49.54, a price-to-earnings-growth ratio of 0.96 and a beta of 1.67.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KKR. HSBC lowered KKR & Co. Inc. from a “buy” rating to a “hold” rating and raised their price objective for the company from $153.00 to $173.00 in a report on Thursday, January 30th. Barclays raised their price target on shares of KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Keefe, Bruyette & Woods decreased their target price on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Finally, Oppenheimer upped their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $160.86.

About KKR & Co. Inc.

KKR & Co, Inc operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm’s business segments include Asset Management and Insurance Business. The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities.