Kennedy-Wilson (NYSE:KW) Announces Quarterly Earnings Results

Kennedy-Wilson (NYSE:KW) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.21), Zacks reports. Kennedy-Wilson had a negative return on equity of 14.09% and a negative net margin of 58.56%.

Kennedy-Wilson Stock Down 1.1 %

Shares of NYSE KW traded down $0.10 during mid-day trading on Wednesday, hitting $9.19. 662,177 shares of the stock traded hands, compared to its average volume of 523,248. The stock has a fifty day moving average price of $9.33 and a 200-day moving average price of $10.41. The company has a debt-to-equity ratio of 6.06, a quick ratio of 1.18 and a current ratio of 1.18. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -3.56, a PEG ratio of 0.54 and a beta of 1.13. Kennedy-Wilson has a 52 week low of $7.85 and a 52 week high of $11.88.

Analyst Ratings Changes

A number of analysts recently commented on KW shares. StockNews.com raised Kennedy-Wilson from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft started coverage on shares of Kennedy-Wilson in a research note on Monday. They set a “hold” rating and a $9.00 target price on the stock.

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.