Kennedy-Wilson (KW) AI Stock Analysis

• Market Cap: $1.17B
• Dividend Yield: 5.53%
• Average Volume (3M): 816.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: -4.15%
• EPS Growth: 75.18%
• Country: US
• Employees: 244
• Sector: Real Estate
• Sector Strength: 48
• Industry: Real Estate - Services
• EPS (TTM): -0.05
• Shares Outstanding: 137,899,800
• 10 Day Avg. Volume: 751,820
• 30 Day Avg. Volume: 816,598
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 5.22
• Enterprise Value/Revenue: 11.55
• Enterprise Value/Gross Profit: 20.22
• Enterprise Value/Ebitda: 30.88
• 1Y Price Target: $7.70
• Price Target Upside: -8.88% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: $8.50 ▲(0.59% Upside)

Kennedy-Wilson's overall stock score reflects a mixed financial performance with high leverage and declining profitability, offset by strong cash flow improvements. Positive technical indicators and strategic achievements in the earnings call contribute to a moderately favorable outlook, despite valuation challenges.

Kennedy-Wilson Business Overview & Revenue Model

Company Description

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. As of December 31, 2021, the company had ownership interests in 10,460 multifamily units, 4.9 million square feet of office space, 3.4 million square feet of retail and industrial space, and one hotel. It is also involved in the development, redevelopment, and entitlement of real estate properties. The company was founded in 1977 and is headquartered in Beverly Hills, California.

How the Company Makes Money

Kennedy-Wilson generates revenue primarily through its real estate investment activities, which include the acquisition and management of properties. The company earns income from rental payments from tenants in its managed properties, as well as through property sales and capital appreciation. Additionally, KW provides real estate services, which contribute to its revenue stream by charging fees for property management, leasing, and advisory services. Significant partnerships with institutional investors and private equity firms also enhance its investment capabilities, allowing KW to leverage additional capital for its projects and further diversify its income sources.

Kennedy-Wilson Financial Statement Overview

Summary

Kennedy-Wilson faces a tough financial landscape, marked by declining revenues and profitability pressures reflected in negative net income and high leverage. While the company showcases strong gross and EBITDA margins, the negative net profit and high debt levels present significant risks. Improvements in free cash flow provide some optimism, but the overall financial health requires careful management to navigate future challenges.

Income Statement

Kennedy-Wilson's recent TTM (Trailing-Twelve-Months) results show a challenging financial environment. The gross profit margin remains strong at 63.0%, and the EBITDA margin is healthy at 37.4%. However, the net profit margin is negative (-19.2%), indicating losses. Revenue has declined from 2023 to the TTM period, showing a negative growth trajectory. The EBIT margin is moderate at 24.1%, but overall profitability remains a concern.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 3.21, indicating significant leverage, which poses a risk in a volatile market. The equity ratio stands at 21.8%, which shows moderate financial stability. ROE is negative due to net losses, reflecting challenges in generating returns for shareholders. The company's high debt levels are a potential risk, although it maintains a reasonable equity ratio.

Cash Flow

Kennedy-Wilson's cash flow statement shows mixed results. The operating cash flow to net income ratio is low, reflecting inefficiencies in cash generation. However, free cash flow has improved in the TTM period, turning positive, which is a positive sign. The free cash flow to net income ratio also indicates some improvement, but overall cash flow stability remains a challenge.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	527.00M	531.40M	562.60M	540.00M	453.60M	454.00M
Gross Profit	300.90M	373.80M	214.30M	359.30M	308.20M	304.50M
EBITDA	197.10M	385.90M	212.10M	228.50M	70.30M	125.50M
Net Income	-48.00M	-33.00M	-303.80M	93.70M	330.40M	110.10M
Balance Sheet
Total Assets	6.80B	6.96B	7.71B	8.27B	7.88B	7.33B
Cash, Cash Equivalents and Short-Term Investments	309.10M	217.50M	313.70M	439.30M	524.80M	965.10M
Total Debt	4.62B	4.78B	5.30B	5.59B	5.43B	5.09B
Total Liabilities	5.20B	5.33B	5.91B	6.26B	6.07B	5.66B
Stockholders Equity	1.56B	1.60B	1.76B	1.96B	1.78B	1.64B
Cash Flow
Free Cash Flow	56.80M	-76.50M	-168.30M	-128.00M	-169.50M	-206.70M
Operating Cash Flow	9.30M	55.10M	48.90M	32.90M	-30.30M	-12.60M
Investing Cash Flow	707.40M	414.20M	-11.70M	-361.60M	-1.04B	590.80M
Financing Cash Flow	-777.90M	-565.50M	-164.80M	264.20M	632.00M	-206.60M

Kennedy-Wilson Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KW, the sentiment is Positive. The current price of 8.45 is above the 20-day moving average (MA) of 7.83, above the 50-day MA of 7.44, and above the 200-day MA of 8.20, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 66.20 is Neutral, neither overbought nor oversold. The STOCH value of 87.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KW.

Kennedy-Wilson Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CWK	75 Outperform	$3.67B	18.00	11.62%	―	4.63%	887.64%
RMR	71 Outperform	$526.17M	14.55	8.12%	10.90%	-16.99%	-24.57%
REAX	70 Outperform	$1.07B	―	-31.81%	―	72.57%	65.15%
NMRK	66 Neutral	$3.24B	43.12	6.00%	0.66%	16.29%	69.89%
Sector *	63 Neutral	$7.00B	13.54	-0.52%	7.07%	3.61%	-22.78%
KW	57 Neutral	$1.17B	―	-2.97%	5.53%	-4.15%	75.18%
MMI	55 Neutral	$1.27B	―	-1.99%	1.54%	17.89%	65.32%

Kennedy-Wilson Corporate Events

Kennedy-Wilson Releases Interim Financial Statements

On August 20, 2025, Kennedy Wilson Europe Real Estate Limited released its interim IFRS financial statements for the six-month period ending June 30, 2025. The financial report, which complies with covenants under its unsecured bonds, shows a decrease in rental income and hotel revenue compared to the same period in 2024. Despite this, the review by KPMG Chartered Accountants found no material misstatements in the financial statements, and the company continues to operate under the going concern basis of accounting.

Kennedy-Wilson Announces Redemption of Euro Notes

On August 7, 2025, Kennedy Wilson Europe Real Estate Limited announced its decision to redeem all of its outstanding 3.250% euro-denominated Notes due 2025 on October 3, 2025. The redemption will involve the principal amount of €300,000,000 along with accrued interest totaling €8,681,520, after which no Notes will remain outstanding. This move signifies a strategic financial decision by the company, potentially impacting its financial structure and signaling a shift in its debt management strategy.

Kennedy-Wilson Surpasses Asset Sales Target, Reduces Debt

During the quarter ended June 30, 2025, Kennedy-Wilson Holdings, Inc. completed significant asset sales and recapitalizations, generating approximately $250 million in cash, surpassing their $200 million target. The proceeds were primarily used to reduce unsecured debt, including a $170 million reduction in the corporate line of credit. The company also expanded its investment portfolio by acquiring multifamily properties in the Mountain West and Pacific Northwest for $387 million and investing in UK single-family rental housing development sites. Additionally, Kennedy-Wilson originated $1.2 billion in real estate construction loans, enhancing its role as an asset manager.

Kennedy-Wilson Shareholders Approve Equity Plan Amendment

On June 5, 2025, Kennedy-Wilson Holdings, Inc. shareholders approved an amendment to the company’s 2009 Equity Participation Plan, increasing the total shares available for awards by 3,400,000 to 24,645,000 shares. This amendment, effective upon approval, reflects the company’s strategic move to enhance its equity compensation offerings, potentially impacting employee retention and attraction, and aligning with broader industry trends of incentivizing through equity. Additionally, the annual stockholder meeting saw the election of directors and approval of executive compensation and the appointment of KPMG LLP as the independent auditor for the fiscal year ending December 31, 2025.