News headlines about Kennedy-Wilson Holdings (NYSE:KW) have been trending positive on Friday, according to Alpha One. The research firm, a unit of Accern, scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kennedy-Wilson Holdings earned a daily sentiment score of 0.36 on Alpha One’s scale. Alpha One also gave headlines about the financial services provider an impact score of 84 out of 100, meaning that recent media coverage is very likely to have an effect on the stock’s share price in the next several days.
A number of research analysts have weighed in on the stock. B. Riley reiterated a “buy” rating and issued a $29.00 target price on shares of Kennedy-Wilson Holdings in a research note on Wednesday, March 22nd. Deutsche Bank AG dropped their target price on shares of Kennedy-Wilson Holdings from $29.00 to $27.00 and set a “buy” rating on the stock in a research note on Tuesday, April 18th. JMP Securities cut shares of Kennedy-Wilson Holdings from an “outperform” rating to a “market perform” rating in a research note on Monday. Finally, Zacks Investment Research upgraded shares of Kennedy-Wilson Holdings from a “hold” rating to a “strong-buy” rating and set a $25.00 target price on the stock in a research note on Wednesday, March 1st. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $28.50.
Shares of Kennedy-Wilson Holdings (NYSE:KW) traded up 0.74% during mid-day trading on Friday, hitting $20.45. 715,440 shares of the company were exchanged. The company has a 50 day moving average of $21.16 and a 200 day moving average of $21.19. Kennedy-Wilson Holdings has a 52 week low of $17.29 and a 52 week high of $23.77. The company has a market capitalization of $2.34 billion, a P/E ratio of 243.45 and a beta of 1.27.
Kennedy-Wilson Holdings (NYSE:KW) last announced its quarterly earnings results on Thursday, February 23rd. The financial services provider reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.27. Kennedy-Wilson Holdings had a net margin of 2.51% and a return on equity of 3.65%. The firm had revenue of $180.40 million during the quarter, compared to analyst estimates of $179.47 million. During the same period in the previous year, the business posted $0.62 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. Equities analysts anticipate that Kennedy-Wilson Holdings will post ($0.23) earnings per share for the current year.
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About Kennedy-Wilson Holdings
Kennedy-Wilson Holdings, Inc is a real estate investment company. The Company owns, operates, and invests in real estate both on its own and through its investment management platform. The Company focuses on multifamily and commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy and Japan.
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