Kennedy-Wilson (KW) Scheduled to Post Earnings on Wednesday

Posted by ABMN Staff on May 1st, 2024

Kennedy-Wilson (NYSE:KW – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect Kennedy-Wilson to post earnings of ($0.42) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Kennedy-Wilson (NYSE:KW – Get Free Report) last posted its quarterly earnings results on Wednesday, February 21st. The financial services provider reported ($1.41) EPS for the quarter, missing the consensus estimate of $0.03 by ($1.44). Kennedy-Wilson had a negative return on equity of 16.94% and a negative net margin of 55.65%. The company had revenue of $140.10 million for the quarter. On average, analysts expect Kennedy-Wilson to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kennedy-Wilson Stock Down 0.5 %

NYSE KW opened at $8.60 on Wednesday. Kennedy-Wilson has a 52 week low of $7.85 and a 52 week high of $17.43. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 5.25. The business’s fifty day simple moving average is $8.50 and its 200-day simple moving average is $10.58. The firm has a market cap of $1.19 billion, a PE ratio of -3.49 and a beta of 1.06.

Kennedy-Wilson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.24 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.96 annualized dividend and a dividend yield of 11.17%. Kennedy-Wilson’s dividend payout ratio is presently -39.02%.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered shares of Kennedy-Wilson from a “c-” rating to a “d+” rating in a report on Thursday, February 22nd.

Read Our Latest Report on Kennedy-Wilson

About Kennedy-Wilson

(Get Free Report)

Kennedy-Wilson Holdings, Inc, together with its subsidiaries, operates as a real estate investment company. The company owns, operates, and invests in real estate both on its own and through its investment management platform. It focuses on multifamily and office properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy, and Japan.