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

Kennedy-Wilson (NYSE:KW) will announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.42) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Kennedy-Wilson (NYSE:KW) last announced its quarterly earnings results on Wednesday, February 21st. The financial services provider reported ($1.41) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($1.44). The company had revenue of $140.10 million for the quarter. Kennedy-Wilson had a negative return on equity of 16.94% and a negative net margin of 55.65%. 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 0.1 %

Shares of Kennedy-Wilson stock opened at $8.75 on Monday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 5.25. The business’s 50 day simple moving average is $8.44 and its 200-day simple moving average is $10.47. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of -3.56 and a beta of 1.04. Kennedy-Wilson has a twelve month low of $7.85 and a twelve month high of $17.43.

Kennedy-Wilson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 28th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 10.97%. The ex-dividend date of this dividend was Wednesday, March 27th. Kennedy-Wilson’s dividend payout ratio is currently -39.02%.

Analysts Set New Price Targets

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

About Kennedy-Wilson

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.