KKR & Co. Inc. (NYSE:KKR) Releases Quarterly Earnings Results, Misses Estimates By $0.18 EPS

KKR & Co. Inc. (NYSE:KKR) issued its quarterly earnings data on Tuesday. The asset manager reported $1.12 earnings per share for the quarter, missing analysts’ consensus estimates 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 Performance

Shares of KKR & Co. Inc. stock opened at $163.00 on Tuesday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a 52 week low of $87.28 and a 52 week high of $170.40. The firm’s 50 day moving average is $154.57 and its two-hundred day moving average is $138.45. The firm has a market capitalization of $144.78 billion, a P/E ratio of 49.54, a P/E/G ratio of 0.96 and a beta of 1.67.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. JMP Securities raised their target price on KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a report on Tuesday, October 29th. HSBC lowered shares of 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 research note on Thursday, January 30th. Deutsche Bank Aktiengesellschaft upped their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Oppenheimer boosted their price target on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Finally, Keefe, Bruyette & Woods reduced their price objective on 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, KKR & Co. Inc. presently has an average 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.