Kennedy-Wilson (KW) to Release Quarterly Earnings on Wednesday

Kennedy-Wilson (NYSE:KW) is scheduled 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 that are interested in registering for the company’s earnings 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) 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 Price Performance

Shares of KW opened at $9.05 on Tuesday. 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 firm has a market cap of $1.25 billion, a PE ratio of -3.68 and a beta of 1.04. The firm’s 50 day moving average price is $8.46 and its 200 day moving average price is $10.45. 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. Shareholders of record on Thursday, March 28th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 10.61%. The ex-dividend date was Wednesday, March 27th. Kennedy-Wilson’s payout ratio is -39.02%.

Wall Street Analysts Forecast Growth

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

Kennedy-Wilson Company Profile

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.