Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Kennedy-Wilson Holdings (KW) Share Price
News coverage about Kennedy-Wilson Holdings (NYSE:KW) has been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kennedy-Wilson Holdings earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.6373419692028 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- BidaskClub Lowers Kennedy-Wilson Holdings Inc. (KW) to Strong Sell (americanbankingnews.com)
- Kennedy-Wilson Holdings, Inc. breached its 50 day moving average in a Bearish Manner : KW-US : August 18, 2017 (finance.yahoo.com)
- Kennedy-Wilson Holdings Inc. 7. (NYSE:KWN) Sees Heavy Trading Volume with 16K Shares Changing Hands (highlightpress.com)
- See what the IHS Markit Score report has to say about Kennedy-Wilson Holdings Inc. (finance.yahoo.com)
Shares of Kennedy-Wilson Holdings (NYSE:KW) opened at 19.35 on Thursday. The stock has a market cap of $2.21 billion, a P/E ratio of 102.38 and a beta of 1.36. The firm’s 50-day moving average price is $19.55 and its 200 day moving average price is $20.36. Kennedy-Wilson Holdings has a one year low of $17.95 and a one year high of $23.77.
Kennedy-Wilson Holdings (NYSE:KW) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.16. Kennedy-Wilson Holdings had a net margin of 3.13% and a return on equity of 2.28%. The company had revenue of $177.80 million during the quarter, compared to analysts’ expectations of $178.55 million. During the same period in the prior year, the company earned ($0.02) earnings per share. The business’s quarterly revenue was up .7% compared to the same quarter last year. Equities research analysts expect that Kennedy-Wilson Holdings will post ($0.29) EPS for the current fiscal year.
KW has been the topic of several recent research reports. BTIG Research restated a “buy” rating and set a $33.00 price target on shares of Kennedy-Wilson Holdings in a report on Thursday, June 22nd. BidaskClub upgraded Kennedy-Wilson Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Finally, JMP Securities downgraded Kennedy-Wilson Holdings from an “outperform” rating to a “market perform” rating in a report on Monday, May 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Kennedy-Wilson Holdings has an average rating of “Buy” and an average target price of $28.50.
Kennedy-Wilson Holdings Company Profile
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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