Kennedy-Wilson (NYSE:KW)‘s stock had its “outperform” rating reaffirmed by stock analysts at Evercore ISI in a research report issued to clients and investors on Monday, AnalystRatings.com reports. They currently have a $21.00 target price on the financial services provider’s stock. Evercore ISI’s price target points to a potential upside of 40.28% from the company’s previous close.
Other analysts have also recently issued reports about the company. ValuEngine upgraded Kennedy-Wilson from a “hold” rating to a “buy” rating in a research report on Monday, May 4th. Zacks Investment Research lowered Kennedy-Wilson from a “hold” rating to a “sell” rating in a research note on Saturday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $26.00.
Kennedy-Wilson stock opened at $14.97 on Monday. The stock has a market capitalization of $2.10 billion, a PE ratio of 9.60 and a beta of 1.23. Kennedy-Wilson has a 12 month low of $10.98 and a 12 month high of $23.50. The business has a 50 day simple moving average of $14.92 and a 200-day simple moving average of $17.81. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.44 and a quick ratio of 1.44.
Kennedy-Wilson (NYSE:KW) last posted its quarterly earnings data on Wednesday, May 6th. The financial services provider reported ($0.07) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.03). The business had revenue of $123.30 million during the quarter. Kennedy-Wilson had a net margin of 40.99% and a return on equity of 32.28%. On average, equities research analysts anticipate that Kennedy-Wilson will post 1.15 EPS for the current fiscal year.
Several institutional investors have recently made changes to their positions in KW. Tower Research Capital LLC TRC acquired a new position in shares of Kennedy-Wilson in the 1st quarter valued at $40,000. Point72 Hong Kong Ltd purchased a new stake in shares of Kennedy-Wilson in the 4th quarter valued at $43,000. Fieldpoint Private Securities LLC raised its holdings in shares of Kennedy-Wilson by 75.6% in the 4th quarter. Fieldpoint Private Securities LLC now owns 2,263 shares of the financial services provider’s stock valued at $50,000 after buying an additional 974 shares during the period. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Kennedy-Wilson in the 1st quarter valued at $57,000. Finally, Whittier Trust Co. raised its holdings in shares of Kennedy-Wilson by 11,558.1% in the 1st quarter. Whittier Trust Co. now owns 5,013 shares of the financial services provider’s stock valued at $67,000 after buying an additional 4,970 shares during the period. 79.35% of the stock is currently owned by institutional investors and hedge funds.
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).
Further Reading: Earnings Per Share (EPS)
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