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

Kennedy-Wilson (NYSE:KW) is set to release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Kennedy-Wilson to post earnings of ($0.42) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

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

Shares of NYSE:KW opened at $8.75 on Monday. The company has a 50-day simple moving average of $8.44 and a 200 day simple moving average of $10.47. The company has a debt-to-equity ratio of 5.25, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $1.21 billion, a P/E ratio of -3.56 and a beta of 1.04. Kennedy-Wilson has a 52-week low of $7.85 and a 52-week high of $17.43.

Kennedy-Wilson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 28th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.96 annualized dividend and a yield of 10.97%. Kennedy-Wilson’s dividend payout ratio (DPR) is presently -39.02%.

Wall Street Analysts Forecast Growth

Separately, TheStreet downgraded shares of 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.