Kennedy-Wilson (NYSE:KW) is scheduled to be announcing its earnings results after the market closes on Wednesday, October 30th. Investors that are interested in registering for the company’s conference call can do so using this link.
Kennedy-Wilson (NYSE:KW) last posted its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.08. The firm had revenue of $143.70 million during the quarter, compared to analysts’ expectations of $160.05 million. Kennedy-Wilson had a net margin of 13.61% and a return on equity of 13.49%. The company’s quarterly revenue was down 34.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.77 EPS.
KW opened at $22.57 on Tuesday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 4.02. The stock has a market capitalization of $3.19 billion, a PE ratio of 17.22 and a beta of 1.11. Kennedy-Wilson has a 1-year low of $17.25 and a 1-year high of $23.29. The firm has a 50-day moving average price of $22.05 and a two-hundred day moving average price of $21.37.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Monday, September 30th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.72%. The ex-dividend date was Friday, September 27th.
Several equities research analysts have weighed in on KW shares. BTIG Research restated a “buy” rating and issued a $33.00 price objective on shares of Kennedy-Wilson in a research report on Thursday, August 8th. ValuEngine cut shares of Kennedy-Wilson from a “buy” rating to a “hold” rating in a research report on Wednesday, September 11th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $26.51.
Kennedy-Wilson Company Profile
Kennedy-Wilson Holdings, Inc is a global real estate investment company, which engages in the ownership, operation, and investment in real estate through its investment platform. It operates through the following business segments: KW Investments, and KW Investment Management and Real Estate Services (IMRES).
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