KKR & Co. L.P. (NYSE:KKR) Given Price Target Of $17.571


As per KKR & Co. L.P. (NYSE:KKR)’s news release on 2016-07-26, its shareholders will get cash dividend of $0.16 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-05 and 2016-08-19, respectively.

The stock will commence trading ex-dividend from 2016-08-03, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year KKR & Co. L.P. (NYSE:KKR) disbursed $0.16 in dividend compared to distribution of $0.16, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -22.1675%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated KKR & Co. L.P. (NYSE:KKR) to attain a price target of $17.571. It is an average estimate figure given by 7 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $23. The low price range is set at $14 for next year while the arithmetic mean is seen at 1.75.

Eyeing Earnings KKR & Co. L.P. (NYSE:KKR) is likely to post quarterly numbers around 2016-10-25 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.46 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, KKR & Co. L.P. (NYSE:KKR) earnings came at $0.23 suggesting a deviation of $0.13. The brokerages targeted EPS of $0.1 for the quarter.

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