KKR Financial Corporation (KFN): Today's Featured Financial Services Loser
The
industry closed the day up 1.4%.
(
),
Ameritrans Capital Corporation
(
),
(
), and
(
) were all decliners today within the financial services industry with
(
) being today's featured financial services loser. KKR Financial Corporation fell 5 cents (-0.6%) to $7.99 on light volume. Throughout the day, 660,103 shares of KKR Financial Corporation exchanged hands as compared to its average daily volume of 1.4 million shares.
KKR Financial Holdings LLC, together with its subsidiaries, operates as a specialty finance company with expertise in a range of asset classes. KKR Financial Corporation has a market cap of $1.4 billion and is part of the
sector. The company has a P/E ratio of 3.8, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 13.5% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates KKR Financial as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself.
- You can view the full KKR Financial Ratings Report.
On the positive front,
(
),
Global Cash Access Holdings Inc
(
),
Ladenburg Thalman Financial Services Inc
(
), and
(
) were all gainers within the financial services industry with
(
) being today's featured financial services industry winner.
- Use our financial services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
(
) while those bearish on the financial services industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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