2024-03-13 08:25:29 ET
Summary
- KKR & Co. Inc.'s stock has surged since the beginning of the year, but there are concerns about whether it is overvalued.
- The company's insurance business is growing rapidly as its Global Atlantic acquisition phased in growth, while private credit is well-placed.
- However, headwinds may impact KKR's core private equity and real estate segments.
- Key metrics suggest that KKR's price-to-book multiple is slightly elevated, and its dividend yield is subdued. In essence, we think the stock is priced in.
Today's article dials in on American alternative investment firm KKR & Co. Inc. ( KKR ) ....
Read the full article on Seeking Alpha
For further details see:
KKR: Hold Your Horses