The stock price of FS KKR Capital Corp (NYSE: FSK ) is approaching 52-week highs again as investors are regaining confidence in the business development company’s investment performance. While a high non-accrual ratio was an anchor to FS KKRA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the indu ...

Earnings Growth and Revenue Strength - KKR witnessed earnings growth of 15.1% over the past three to five years, driven by organic growth and rising AUM balances [3] - The Zacks Consensus Estimate for earnings indicates a 37.7% year-over-year increase for 2024 and 30% growth for 2025 [4] - KKR's net revenues saw a CAGR of 43.3% in the last five years (ended 2023) with some volatility, and the trend persisted in the first nine months of 2024 [4] - The Zacks Consensus Estimate for revenues indicates a 24% year-over-year increase for 2024 and 18.6% growth for 2025 [5] AUM Growth and Ambitious Targets - KKR's total AUM saw a five-year (2018-2023) CAGR of 23.2%, with the trend continuing in the first nine months of 2024 [6] - KKR aims to reach at least $1 trillion in AUM in five years by scaling its core businesses [7] - The company expects to raise more than $300 billion of capital by 2026 across 30 investment solutions and three flagship strategies [11] - KKR projects fee-related earnings per share to be more than $4.50 (implying a 2023-2026 CAGR of 20%) and total operating earnings to exceed $7 per share [12] - Adjusted net income per share is anticipated to be $7-$8 (implying a 2023-2026 CAGR of 30%) [12] Liquidity and Shareholder Rewards - As of Sept. 30, KKR had an outstanding debt of $8.8 million, lower than the cash and investments of $16.3 million, indicating a solid liquidity position [8] - KKR hiked its dividend 6% to 18 cents per share in March 2024 and has raised dividends five times in the last five years with an annualized growth rate of 7.1% [9] - The company has a share repurchase plan in place, with approximately $69 million of authorization remaining under the program as of October 2024 [10] Price Performance and Industry Comparison - KKR shares have skyrocketed 86.3% in the past year compared with the industry's rise of 42.2% [13] - The company currently carries a Zacks Rank 2 (Buy) [15] Other Key Picks in Asset Management - Victory Capital Holdings, Inc. (VCTR) sports a Zacks Rank 1 (Strong Buy) and its shares have gained 20.2% in the past three months [17] - Federated Hermes Inc. (FHI) carries a Zacks Rank 2 and its shares have rallied 14.5% in the past three months [18]

KKR & Co. (KKR) shares have witnessed a stellar performance in the past year. The stock has skyrocketed 83.6% compared with the industry’s rise of 39.9%. KKR’s peers Apollo Global Management (APO) and Janus Henderson Group plc (JHG) have gained 87.9% and 47.7% over the same time frame, respectively.Price Performance Image Source: Zacks Investment Research The KKR stock is trading above its 50-day moving average, indicating bullish sentiments among the investors.50-Day Moving Average Image Source: Zacks Inve ...

KKR & Co. Inc. (KKR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The p ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’s one of the most accessible paths to achieving financial freedom, and I’m excited to share my insights with you. I’m a finance professional with deep experience in M&A and business valuation. What does that mean in practice? I’ve evaluated coun ...

FS KKR Capital (NYSE: FSK ) has seen a consistent narrowing of the gap between share price and net asset value in the second half of 2024 which is a result of the BDC improving its balance sheet qualityI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, Amazon and Nvidia.Analyst’s Disclosure: I/we have a beneficial long pos ...

The equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.Analyst’s Disclosure: I/we have a beneficial long position in the shares of KREF.PR.A either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses ...

Investment to support newly private company's plans for product innovation and worldwide growthSALT LAKE CITY, Nov. 13, 2024 /PRNewswire/ -- Instructure Holdings, Inc. ("Instructure"), a leading learning ecosystem, today announced the close of its acquisition by investment funds managed by KKR, a leading global investment firm, and Dragoneer, a growth-oriented investor, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion. With the completion of the tra ...

Shares of KKR (NYSE: KKR ) have been a tremendous performer over the past year, more than doubling, as its business continues to generate strong inflows and cash flow. The stock has surged even more over the past week in hopes of Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know! Analys ...