Why KKR & Co Inc’s (KKR) Stock Is Up 4.98%

By AAII Staff
November 07, 2023
Featured Tickers:
KKR

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate KKR & Co Inc before investing.

In this article, we go over a few key elements for understanding KKR & Co Inc’s stock price such as:

  • KKR & Co Inc’s current stock price and volume
  • Why KKR & Co Inc’s stock price changed recently
  • Upgrades and downgrades for KKR from analysts
  • KKR’s stock price momentum as measured by its relative strength

About KKR & Co Inc (KKR)

Before we jump into KKR & Co Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

KKR & Co. Inc. is an investment company, which offers alternative asset management as well as capital markets and insurance solutions. Its asset management business offers a range of investment management services to fund investors around the world. It operates in two segments: Asset Management and Insurance. The Asset Management business offers a range of investment management services to investment funds, vehicles, and accounts (including Global Atlantic) and provides capital markets services to portfolio companies and third parties. The Insurance business is operated by Global Atlantic, which is a United States retirement and life insurance company that provides a broad suite of protection, legacy and savings products and reinsurance solutions to clients across individual and institutional markets. It offers individuals fixed-rate annuities, fixed-indexed annuities, and targeted life products through a network of banks, broker-dealers and independent marketing organizations.

Want to learn more about KKR & Co Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about KKR & Co Inc.

Learn More About A+ Investor

KKR & Co Inc’s Stock Price as of Market Close

As of November 07, 2023, 4:00 PM, CST, KKR & Co Inc’s stock price was $62.34.

KKR & Co Inc is up 4.98% from its previous closing price of $59.38.

During the last market session, KKR & Co Inc’s stock traded between $58.94 and $61.59. Currently, there are 861.55 million shares of KKR & Co Inc stock available for purchase.

KKR & Co Inc’s price-earnings (P/E) ratio is currently at 46.4, which is high compared to the Investment Management & Fund Operators industry median of 12.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

KKR & Co Inc Stock Price History

KKR & Co Inc’s (KKR) price is currently up 12.53% so far this month.

During the month of November, KKR & Co Inc’s stock price has reached a high of $63.40 and a low of $55.78.

Over the last year, KKR & Co Inc has hit prices as high as $64.77 and as low as $45.03. Year to date, KKR & Co Inc’s stock is down 16.32%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused KKR & Co Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 06, 2023, there were 5 analysts who downgraded KKR & Co Inc’s stock and 7 analysts who upgraded over the last month.

Additionally, you'll want to evaluate KKR & Co Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on KKR & Co Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

KKR & Co Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about KKR & Co Inc (KKR) by visiting AAII Stock Evaluator.

Relative Price Strength of KKR & Co Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 06, 2023, KKR & Co Inc has a weighted four-quarter relative price strength of 0.25%, which translates to a Momentum Score of 72 and is considered to be Strong.

Want to learn more about how KKR & Co Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

KKR & Co Inc Stock Price: Bottom Line

As of November 7, 2023, KKR & Co Inc’s stock price is $62.34, which is up 4.98% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like KKR & Co Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
O'Neil CAN SLIM Screen: 38.3% Compared to S&P 500
at only 23.3%

Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.