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

KKR & Co. Inc. (NYSE:KKR) posted its quarterly earnings data on Tuesday. The asset manager reported $1.12 earnings per share 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 %

KKR opened at $163.00 on Tuesday. 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 company has a market capitalization of $144.78 billion, a PE ratio of 49.54, a PEG ratio of 0.96 and a beta of 1.67. KKR & Co. Inc. has a 1-year low of $87.28 and a 1-year high of $170.40. The firm’s 50 day simple moving average is $154.57 and its two-hundred day simple moving average is $138.45.

Analyst Ratings Changes

KKR has been the topic of a number of research reports. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a report on Monday, November 11th. The Goldman Sachs Group upped their price target on KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. TD Cowen raised their price objective on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Citigroup increased their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.