Kennedy-Wilson Holdings Hits New 1-Year High at $26.85 (KW)
Kennedy-Wilson Holdings (NYSE:KW) shares hit a new 52-week high during trading on Monday , Analyst Ratings Network reports. The stock traded as high as $26.85 and last traded at $26.82, with a volume of 74,467 shares traded. The stock had previously closed at $26.58.
A number of analysts have recently weighed in on KW shares. Analysts at Deutsche Bank initiated coverage on shares of Kennedy-Wilson Holdings in a research note on Monday, June 23rd. They set a “buy” rating and a $32.00 price target on the stock. Separately, analysts at B. Riley raised their price target on shares of Kennedy-Wilson Holdings from $31.00 to $32.50 in a research note on Friday, May 9th. Finally, analysts at Bank of America reiterated a “buy” rating on shares of Kennedy-Wilson Holdings in a research note on Thursday, April 10th. They now have a $27.00 price target on the stock, up previously from $24.00.
The stock has a 50-day moving average of $25.10 and a 200-day moving average of $23.49. The company’s market cap is $2.459 billion.
Kennedy-Wilson Holdings (NYSE:KW) last announced its earnings results on Wednesday, May 7th. The company reported $0.39 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.11) by $0.50. The company had revenue of $51.50 million for the quarter, compared to the consensus estimate of $34.41 million. During the same quarter last year, the company posted $0.21 earnings per share. Kennedy-Wilson Holdings’s revenue was up 125.9% compared to the same quarter last year. On average, analysts predict that Kennedy-Wilson Holdings will post $-0.31 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 8th. Investors of record on Monday, June 30th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Thursday, June 26th.
Kennedy-Wilson Holdings, Inc (NYSE:KW) is an international real estate investment and services firm.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.