KKR Stock Recent News

KKR Real Estate Finance's common shares are trading hands at a 20.28% discount to book value with the preferreds trading for 84.6 cents on the dollar. The mREIT's distributable earnings cover its quarterly dividend payout by 160%. Book value per share saw sequential growth of 6 cents with liquidity also growing versus the prior quarter.

KKR & Co. Inc.'s impressive growth trajectory includes a 400% return over five years and ambitious targets to double its AUM to over $1 trillion in five years. Favorable market conditions and strategic positioning enable KKR to capitalize on opportunities, especially with banks on the sidelines. Despite a high valuation at nearly 30x earnings, KKR's robust business model and tech-like earnings growth make it a solid buy on pullbacks.

U.S. buyout fund Bain Capital has made a counter-offer to take over Japan's Fuji Soft for about 600 billion yen ($4.10 billion), or about 5% higher than U.S. private equity firm KKR's bid, the Nikkei business daily reported on Tuesday.

KKR JV approaching $500 million in value with new asset contributions KKR JV approaching $500 million in value with new asset contributions

DALLAS & NEW YORK--(BUSINESS WIRE)--Varsity Brands (the “Company”), a leader in team sports, athletics and spirit, and KKR, a leading global investment firm, today announced the completion of the acquisition of Varsity Brands by KKR from Bain Capital and Charlesbank. As the new majority owner of Varsity Brands, KKR will support the Company as it continues to grow its business. The Varsity Brands platform offers an extensive range of high-quality, customized solutions, services and experiences t.

The market has been very volatile in recent weeks. Some of my top picks have dropped quite a bit as a result. I give updates on two of my largest investments right now.

DUBLIN, Ohio, Aug. 21, 2024 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the appointment of William Brent Miller as the Company's Chief Financial Officer (“CFO”), effective as of August 19, 2024, replacing Michael J. Logozzo from his role as Interim Chief Financial Officer. Mr. Miller will assume responsibility for all financial and accounting functions of the Company and will report directly to its President and Chief Operating Officer, Mr. Logozzo.

FS KKR Capital's share price declined at the beginning of the month due to economic concerns, but the BDC's Q2 earnings were strong. I maintain a strong buy rating for FSK due to improved asset quality, attractive total return potential, and a discounted share price. FS KKR Capital's non-accrual ratio dropped to 1.8%, showing a 2.4 PP improvement Q/Q.

Many REIT preferred shares remain heavily discounted. 8% yield and 20% upside potential is hard to pass by. Here are two of my favorite picks.

TOKYO--(BUSINESS WIRE)--KKR Announces Tender Offer to Acquire FUJI SOFT.