Kennedy-Wilson Holdings

Kennedy-Wilson Holdings, Inc. engages in the ownership, operation, development, and investment in real estate properties. It operates through the Consolidated Portfolio and Co-Investment Portfolio segments. The Consolidated Portfolio segment includes the investments that the company has made in real estate and real estate-related assets. The Co-Investment Portfolio segment consists of co-investments that the company has made in real estate and real estate related assets, including loans secured by real estate, through the co-mingled funds and joint ventures that it manages, as well as the fees that it earns on its fee bearing capital. The company was founded in 1977 and is headquartered in Beverly Hills, CA.

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Earnings data Q4 2024

Kennedy-Wilson Holdings reports robust 2022 performance and eyes growth opportunities

Kennedy-Wilson Holdings delivered a strong performance in 2022 with $592 million adjusted EBITDA and $265 million adjusted net income.
The company's focus on lucrative sectors like apartments, logistics, and hotels, along with growth in the debt platform, positions it well for future success.
Challenges lie in managing debt obligations and market risks, but opportunities in development projects and investment management offer avenues for growth.
Overall, Kennedy-Wilson Holdings' strategic focus on portfolio growth and profitability sets a positive trajectory for the company's future.

Kennedy-Wilson Holdings reports record Q1 performance amidst housing challenges

Kennedy-Wilson Holdings delivered strong financial performance in Q1 2023, driven by record levels of estimated annual NOI and asset growth.
Despite challenges in affordable housing markets, the company showcased strengths in its multifamily and industrial portfolios.
Opportunities for growth and strategic initiatives exist in managing debt effectively and addressing market trends in affordable housing.

Kennedy-Wilson Holdings reports record assets and strategic acquisitions in Q2

Kennedy-Wilson Holdings (KW) showcased strong performance in Q2, bolstered by strategic acquisitions and portfolio growth across key segments.
Despite challenges in managing leverage and integration post-acquisition, the company's focus on financial stability and growth opportunities remains steadfast.
With a resilient portfolio and a clear strategic direction, KW is poised to navigate challenges and capitalize on opportunities for sustained growth and value creation.

Kennedy-Wilson Holdings posts robust Q3 results amidst strategic shifts

Kennedy-Wilson Holdings (KW) demonstrated strong performance in Q3 2023, driven by revenue growth, strategic initiatives, and a focus on operational efficiency.
While facing challenges related to interest rate impacts and portfolio management, KW's proactive approach and strong financial position position it well for future growth and value creation.
By capitalizing on opportunities in credit business expansion, portfolio stabilization, and cost management, KW can navigate challenges and drive sustainable long-term success.

Kennedy-Wilson Holdings reports revenue growth and strategic cost reductions

Kennedy-Wilson Holdings (KW) saw improved revenues and strong growth in fee-bearing capital, but faced challenges with an adjusted EBITDA loss and regional office performance variations. The company's focus on cost reduction, global credit business expansion, and capital deployment offers avenues for future growth and stability.

Kennedy-Wilson Holdings (KW) excels in Q1 2024 earnings, eyes strategic growth

Kennedy-Wilson Holdings (KW) delivered impressive Q1 2024 results, showcasing strong financial performance, operational efficiency, and strategic growth initiatives.
The company's focus on investment management platforms, asset sales targets, and key sectors positions it well for sustained growth and shareholder value creation.
While facing challenges in maintaining growth rates and operational execution, Kennedy-Wilson has opportunities to capitalize on market trends, expand its offerings, and drive long-term success.

Kennedy-Wilson Holdings reports robust Q3 performance and eyes expansion

KW's Q3 2024 performance reflects strong financial metrics, strategic investments, and a positive outlook on real estate investment.
The company's focus on rental housing, diversified portfolio, and efficient capital deployment position them for sustained growth.
While facing challenges in asset sales and market dynamics, KW has opportunities for expansion in new ventures and leveraging their financial strength for continued success.

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Kennedy-Wilson Holdings, Inc. operates as a real estate investment company, which engages in the ownership, operation, development, and investment in real estate properties. It operates through the Consolidated Portfolio and Co-Investment Portfolio segments. The Consolidated Portfolio segment includes the investments that the company has made in real estate and real estate-related assets. The Co-Investment Portfolio segment focuses on co-investments that the company has made in real estate and real estate related assets, including loans secured by real estate, through the co-mingled funds and joint ventures that it manages, as well as the fees that it earns on its fee bearing capital. The company was founded in 1977 and is headquartered in Beverly Hills, CA.

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PacWest Bancorp

Kennedy Wilson KW, +0.82% said Friday it closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank PACW, -0.33%, just days after it said it would sell a 95% stake in the loans to Fairfax Financial holdings Ltd. FFH, -3.00%.

Kennedy Wilson closes first tranche of previously-announced loan purchase from PacWest

BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson (NYSE: KW) has closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank. The first tranche of loans acquired by Kennedy Wilson and certain controlled affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax") (TSX:FFH and FFH.U), a lon.

Kennedy Wilson Acquires First Tranche of $5.7 Billion Loan Portfolio From Pacific Western Bank

Kennedy-Wilson Holdings Inc. KW, +5.33% said it inked an agreement to include Canada's Fairfax Financial Holdings Ltd. FFH, +1.79% in a previously-announced purchase of a portfolio of real estate construction loans from PacWest Bancorp PACW, +14.14%.

Kennedy-Wilson lines up Fairfax Financial as co-buyer of PacWest loan portfolio

(Unless otherwise provided herein, all dollar amounts in this announcement are expressed in U.S. dollars.)

Fairfax Financial Partners With Kennedy Wilson to Acquire Loan Portfolio From Pacific Western Bank, Makes Additional Equity Investment in Kennedy Wilson

Kennedy-Wilson's stock trades near its 52-week low as concerns around commercial real estate have devastated the sector. Currently, the dividend yield is 6.4%, and the stock has meaningful upside based on its net asset value.

Kennedy-Wilson's 6.4% Dividend Yield And Potential Upside Make For A Compelling Buy

Kennedy-Wilson Holdings, Inc. (NYSE:KW ) Q1 2023 Earnings Conference Call May 4, 2023 12:00 PM ET Company Participants Daven Bhavsar - Investor Relations Bill McMorrow - Chairman and Chief Executive Officer Mary Ricks - President Matt Windisch - Executive Vice President Justin Enbody - Chief Financial Officer Conference Call Participants Derek Johnston - Deutsche Bank Anthony Paolone - JPMorgan Josh Dennerlein - Bank of America Operator Good day, and welcome to the Kennedy-Wilson First Quarter 2023 Earnings Conference Call and Webcast. [Operator Instructions] Please note this event is being recorded.

Kennedy-Wilson Holdings, Inc. (KW) Q1 2023 Earnings Call Transcript

Kennedy-Wilson (KW) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of $0.13. This compares to earnings of $0.58 per share a year ago.

Kennedy-Wilson (KW) Reports Q1 Loss, Lags Revenue Estimates

BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Kennedy-Wilson Holdings, Inc. (NYSE: KW), a leading global real estate investment company with $23 billion in AUM that owns, operates, and invests in real estate both on its own and through its investment management platform, today reported results for Q1-2023: “Our Q1 results demonstrated the continued growth in our recurring property NOI, driven from our high-quality multifamily portfolio, as well as further growth in our investment management platform,.

Kennedy Wilson Reports First Quarter 2023 Results

BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.24 per share to common shareholders of record as of June 30, 2023, with a payment date of July 6, 2023. This quarterly dividend equates to an annual dividend of $0.96 per common share. About Kennedy Wilson Kennedy Wilson (NYSE:KW) is a leading global real estate investment company. The company owns, operates, and invests in real estat.

Kennedy Wilson Announces Dividend of $0.24 Per Common Share for Second Quarter 2023

BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Global real estate investment company Kennedy Wilson (NYSE: KW) will release its first quarter 2023 financial results on Wednesday, May 3, 2023 after the market closes. The company will hold a live conference call and webcast to discuss results at 9:00 a.m. PT / 12:00 p.m. ET on Thursday, May 4, 2023. The direct dial-in number for the conference call is (844) 340-4761 for U.S. callers and +1 (412) 717-9616 for international callers.

Kennedy Wilson to Announce First Quarter 2023 Earnings

Kennedy-Wilson is an underfollowed real estate asset management company that has significant growth potential. Their office holdings are misunderstood and may be overshadowing their valuable multifamily portfolio.

Kennedy-Wilson: Office Is Different In Europe

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Take Park Aerospace (NYSE: PKE), which dropped 10% upon news that it'd be removed from the S&P Small-Cap 600 index. Or Kennedy-Wilson (NYSE: KW), which rose 10% on news that it'd be added to the small-cap index.

Here's What Happens When a Stock is Removed from an Index

KW owns a diversified portfolio across multifamily and office properties in the Western U.S. and Europe. Rising rates could continue to be a headwind, but KW appears to be navigating the situation well.

Why Kennedy-Wilson Holdings Was Rising Today

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NEW YORK , March 3, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 20, to coincide with the quarterly rebalance. The changes are being made to ensure each index is more representative of its market capitalization range.

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Kennedy-Wilson Holdings, Inc. (NYSE:KW ) Q4 2022 Earnings Conference Call February 22, 2023 12:00 PM ET Company Participants Daven Bhavsar - Vice President, Investor Relations Bill McMorrow - Chairman and Chief Executive Officer Mary Ricks - President Matt Windisch - Executive Vice President Justin Enbody - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Derek Johnston - Deutsche Bank Operator Good day and welcome to the Kennedy-Wilson Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded today.

Kennedy-Wilson Holdings, Inc. (KW) Q4 2022 Earnings Call Transcript

BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Kennedy-Wilson Holdings, Inc.

Kennedy Wilson Reports Q4 and Full Year 2022 Results

BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.24 per share to common shareholders of record as of March 31, 2023, with a payment date of April 6, 2023. This quarterly dividend equates to an annual dividend of $0.96 per common share. About Kennedy Wilson Kennedy Wilson (NYSE:KW) is a leading global real estate investment company.

Kennedy Wilson Announces Dividend of $0.24 Per Common Share for First Quarter 2023

BEVERLY HILLS, Calif.--( BUSINESS WIRE )--Global real estate investment company Kennedy Wilson (NYSE: KW) will release its fourth quarter 2022 financial results on Tuesday, February 21, 2023 after the market closes. The company will hold a live conference call and webcast to discuss results at 9:00 a.m. PT / 12:00 p.m. ET on Wednesday, February 22, 2023.

Kennedy Wilson to Announce Fourth Quarter 2022 Earnings

Kennedy-Wilson shares have sold off 20% in the past year as investors have fled real estate-related equities as interest rates have increased and the economy has slowed. Relative to REITs, Kennedy-Wilson has greater flexibility to invest across asset classes and geographies.

Kennedy-Wilson: Why I'm Not Buying This 5.8% Yielder

BEVERLY HILLS, Calif.--( BUSINESS WIRE )--Global real estate investment company Kennedy Wilson (NYSE: KW) announces that its real estate debt investment platform surpassed $3 billion in originations in just over two years, with a strong pipeline of new origination opportunities heading into 2023.

Kennedy Wilson's Debt Platform Crosses $3 Billion in Originations

BEVERLY HILLS, Calif.--( BUSINESS WIRE )--Kennedy Wilson Europe Real Estate Limited (“KWE”), a wholly-owned subsidiary of global real estate investment company Kennedy Wilson (NYSE: KW) (the “Company”), announced today the results of its previously announced cash tender offer (the “Tender Offer”) to purchase up to €150 million in aggregate nominal amount of its €550 million outstanding euro-denominated 3.25% Notes due 2025 (the “KWE Notes”). A total of €75,000,000 in aggregate nominal amount of the KWE Notes, or 13.64% of the €550 million aggregate nominal amount of the KWE Notes outstanding prior to the Tender Offer, has been validly tendered for purchase pursuant to the Tender Offer. KWE accepted for purchase all of the KWE Notes validly tendered pursuant to the Tender Offer.

Kennedy Wilson Announces the Final Results of Its Previously Announced Tender Offer

Kennedy-Wilson Holdings, Inc. (NYSE:KW ) Q3 2022 Earnings Conference Call November 3, 2022 12:00 PM ET Company Participants Daven Bhavsar - Vice President of Investor Relations William McMorrow - Chairman and CEO Justin Enbody - CFO Matt Windisch - Executive Vice President Mary Ricks - President Conference Call Participants Anthony Paolone - JPMorgan Wendy Ma - Evercore Operator Good morning, and welcome to the Kennedy-Wilson Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

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