How to Buy Kkr & Co Stock
Kkr & Co Inc
Kkr & Co is a asset management company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker KKR on the NYSE exchange.
Kkr & Co stock last closed at $133.28, up 1.82% from the previous day, and has increased 122.99% in one year. It has overperformed other stocks in the Asset Management industry by 0.93 percentage points. Kkr & Co stock is currently +148.12% from its 52-week low of $53.72, and -1.16% from its 52-week high of $134.85.
There are currently 887.44M shares of KKR outstanding. The market value of KKR is $118.28B. In the past 24 hours, 2.02M KKR shares were traded.
How to Buy Kkr & Co Stock
Not sure how to invest in Kkr & Co stock? Here's how.
- Figure out where to buy Kkr & Co stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Kkr & Co stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate Kkr & Co stock: The Kkr & Co ticker symbol is KKR. Is Kkr & Co stock a good investment? Should you buy shares of KKR? How do KKR's underlying business fundamentals look? Do top analysts think Kkr & Co is a good buy? Why has KKR's stock price moved recently? (Hint: Our stock analysis website can help you figure out if KKR is a good stock to buy).
- Make your KKR buy order: Decide if you will purchase KKR shares at the current market price or use a limit order to purchase KKR shares at a specific price.
- Monitor your KKR position: Create a watchlist to track your position in Kkr & Co stock.
Step 1: Figure out where to buy Kkr & Co stock
You need a brokerage account to access the NYSE market and buy KKR shares.
Our preferred brokerage: eToro
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Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you can buy KKR stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on stock market app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Evaluate Kkr & Co stock
Once you have selected the best place to buy Kkr & Co stock, it's crucial to research their stock before you buy, so you truly understand the risk and upside.
Kkr & Co Metrics
Kkr & Co Due Diligence Checks
WallStreetZen was built to help average investors do better fundamental analysis.
You can view all of the due diligence checks on KKR's stock page.
Is KKR stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge KKR's true value.
Using relative valuations measures:
- KKR may be undervalued based on its P/E ratio of 30.22x, relative to Asset Management industry P/E ratio of 39.14x
- KKR may be overvalued based on its P/B ratio of 5.46x, relative to Asset Management industry P/B ratio of 2.77x
- KKR may be overvalued based on its PEG ratio of 3.34x
You can access additional valuation analysis on KKR's stock here.
KKR Financial Health Overview
Signs that KKR is financially healthy:
- KKR profit margin has gone up from 11.9% to 17.9% in the past year.
Signs that KKR is not financially healthy:
- KKR has a relatively high debt to equity ratio of 13.38.
- KKR's operating cash flow of $7.96B allows it to safely service it's debt of $49.09B.
- KKR earnings of $8.32B is not enough to cover its interest payments.
- Total KKR debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy KKR stock
Out of 13 sell side analysts who give forecasts on KKR, the consensus analyst rating on Kkr & Co is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent KKR Analyst Upgrades/Downgrades
Devin Ryan, a top 1% analyst from JMP Securities maintains KKR with a buy rating and raises their KKR price target from $115.00 to $135.00, on Aug 1, 2024.
Bill Katz, a top 16% analyst from TD Cowen maintains KKR with a strong buy rating and raises their KKR price target from $145.00 to $154.00, on Aug 1, 2024.
Chris Kotowski, a top 1% analyst from Oppenheimer maintains KKR with a buy rating and raises their KKR price target from $121.00 to $128.00, on Aug 1, 2024.
Kyle Voigt, a bottom 10% analyst from Keefe, Bruyette & Woods reiterates KKR with a buy rating and raises their KKR price target from $125.00 to $144.00, on Aug 1, 2024.
Brian Bedell, a top 4% analyst from Deutsche Bank maintains KKR with a strong buy rating and raises their KKR price target from $128.00 to $141.00, on Aug 1, 2024.
Deutsche Bank's Brian Bedell raised their price target on Kkr & Co (NYSE: KKR) by 10.2% from $128 to $141 on 2024/08/01. The analyst maintained their Strong Buy rating on the stock.
Responding to Kkr & Co's 2024/07/31-dated Q2 2024 print, Moore described the report as "strong across the board, with the exception of the insurance division."
Earnings Report
For Q2 2024, Kkr & Co reported:
- EPS of $1.09, which beat the Zacks Consensus Estimate of $1.05 and, by 73%, Q2 2023’s $0.73.
- Revenue of $4.17B, which beat the Zacks Consensus Estimate of $1.07B and, by 15%, Q2 2023’s $3.63B.
Management did not provide financial guidance in its press release.
CEO Joseph Y. Bae commented: “This was a strong quarter for KKR.
“We reported record Fee Related Earnings and are experiencing acceleration across our key operating metrics and financial results.
“We raised $32B of new capital in the quarter, bringing AUM (Assets Under Management) to over $600B.
“Additionally, we deployed $23B in the quarter, up from $10B one year ago, and have a healthy deal pipeline in the 2H 2024 across our businesses and geographies.
“Momentum across the firm remains high, and we remain confident in our team, our model and our growth prospects.”
You can dive deeper into what analysts are saying on the Kkr & Co stock forecast page.
KKR Trading Indicators
KKR Earnings
Last year, KKR earnings were $3.86B. In the past five year, KKR's earnings have increased by 10.56% per year. This was slower than the Asset Management industry average of 13.77%.
Last year, KKR revenue was $21.57B. During the last five year, KKR's revenue has grown by 45.41% per year. This was faster than the Asset Management industry average of 21.6%.
You can research KKR's earnings and revenue performance here.
Who is buying/selling KKR?
Over the last 12 months, insiders at KKR have not bought or sold any shares.
Research more about who owns KKR shares here.
Can I get consistent income from KKR stock?
No, Kkr & Co doesn't provide an income stream by paying out dividends.
What do other traders have to say about KKR?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your KKR buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you need additional help with buying stocks on eToro, click the how to video below:
Step 6: Monitor your KKR position
Now that you own some KKR shares, you'll want to keep up with your new investment.
Put KKR on a watchlist to get the latest updates about your KKR stock.
KKR Feed
How to Buy Stock in Kkr & Co
To summarize, here are the 6 steps to buy Kkr & Co stock:
- Figure out where to buy Kkr & Co stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate Kkr & Co stock
- Make your KKR buy order
- Monitor your KKR position
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Kkr & Co, create a watchlist on WallStreetZen today.
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