NYSE:KEN Kenon (KEN) Stock Forecast, Price & News $25.40 +0.19 (+0.75%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$25.20▼$25.5450-Day Range$25.21▼$31.8452-Week Range$25.00▼$59.75Volume12,551 shsAverage Volume23,764 shsMarket Capitalization$1.37 billionP/E Ratio4.38Dividend Yield10.98%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Kenon MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.21% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.81Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.08 out of 5 starsUtilities Sector64th out of 84 stocksElectric Services Industry32nd out of 41 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Kenon. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.21% of the float of Kenon has been sold short.Short Interest Ratio / Days to CoverKenon has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kenon has recently increased by 26.21%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipKenon is a leading dividend payer. It pays a dividend yield of 10.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKenon does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kenon is 48.10%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KEN. Previous Next 3.2 News and Social Media Coverage News SentimentKenon has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Kenon this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for KEN on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat Follows4 people have added Kenon to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kenon insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.14% of the stock of Kenon is held by insiders.Percentage Held by InstitutionsOnly 6.42% of the stock of Kenon is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Kenon is 4.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Kenon is 4.38, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 86.84.Price to Book Value per Share RatioKenon has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kenon (NYSE:KEN) StockKenon Holdings Ltd. is an investment company, which engages in the operation of growth-oriented businesses. It operates through the following segments: OPC, Quantum and ZIM. The OPC segment include initiation, development, construction and operation of power plants and the sale and supply of electricity under OPC Energy Ltd and its subsidiaries. The Quantum segment comprises interest in Qoros Automotive Co. Ltd., an automotive company. The ZIM segment covers ZIM Integrated Shipping Services, Ltd., an associated company, an Israeli global container shipping company. The company was founded on March 7, 2014 and is headquartered in Singapore.Read More Receive KEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kenon and its competitors with MarketBeat's FREE daily newsletter. Email Address KEN Stock News HeadlinesMay 29, 2023 | msn.comWilly Paul Reveals Plans To Marry Miss PMay 25, 2023 | americanbankingnews.comKenon (NYSE:KEN) Trading Down 3.3%June 3, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 24, 2023 | msn.comRyan Seacrest, Jaren Jackson Jr. help celebrate opening of Seacrest Studios at Le BonheurMay 23, 2023 | seekingalpha.comKeep Your Cool As Everybody Seems To Be Dumping ZIM StockMay 23, 2023 | msn.comIsrael stocks lower at close of trade; TA 35 down 1.15%May 15, 2023 | americanbankingnews.comKenon (NYSE:KEN) Cut to "Sell" at StockNews.comMay 10, 2023 | finance.yahoo.comClear Capital and ValueLink Expand Partnership to Support Recent Appraisal Modernization Policy ChangesJune 3, 2023 | Stansberry Research (Ad)Why 2023 Could Kick Off a "Cash Frenzy" in StocksBut the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.May 10, 2023 | americanbankingnews.comKenon (NYSE:KEN) Shares Gap Up to $27.19May 9, 2023 | msn.comIsrael stocks lower at close of trade; TA 35 down 0.57%May 7, 2023 | latimes.com10 fascinating buildings in L.A. that you can actually tourApril 19, 2023 | msn.comWilly Paul Forgives Miss PApril 18, 2023 | msn.comIsrael stocks higher at close of trade; TA 35 up 0.42%April 17, 2023 | msn.comSBLive Arkansas Super 7 baseball rankings (April 17)April 15, 2023 | americanbankingnews.comKenon (NYSE:KEN) Reaches New 12-Month Low at $26.85April 13, 2023 | americanbankingnews.comKenon (NYSE:KEN) Upgraded to "Hold" by StockNews.comApril 12, 2023 | marketwatch.comPVC Solvent Cement Market Size Dynamics 2023-2029April 6, 2023 | americanbankingnews.comKenon (NYSE:KEN) Sees Large Volume IncreaseApril 5, 2023 | americanbankingnews.comKenon (NYSE:KEN) Downgraded to "Sell" at StockNews.comApril 1, 2023 | americanbankingnews.comKenon Holdings Ltd. (NYSE:KEN) Declares -- Dividend of $2.79March 30, 2023 | finance.yahoo.comKenon Holdings Reports Full Year 2022 Results and Additional UpdatesFebruary 6, 2023 | marketwatch.comFlush Mount Photo Album Market Share Likely to Grow At a Impressive CAGROctober 20, 2022 | news.yahoo.comGlencoe police, fire departments supply schools with devices designed to save choking victimsOctober 19, 2022 | benzinga.comOverview Of Value Stocks In The Utilities Sector - Kenon Hldgs (NYSE:KEN), UGI (NYSE:UGI), Central Puerto - BenzingaOctober 11, 2022 | seekingalpha.comKenon: A Volatile Utility Company Exposed To An Uncertain Shipping Market (NYSE:KEN) - Seeking AlphaOctober 5, 2022 | benzinga.com5 Value Stocks In The Utilities Sector - Central Puerto (NYSE:CEPU), OGE Energy (NYSE:OGE), Kenon Hldgs ( - BenzingaSee More Headlines KEN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KEN Company Calendar Last Earnings3/30/2023Ex-Dividend for 4/19 Dividend4/06/2023Dividend Payable4/19/2023Today6/02/2023Next Earnings (Estimated)6/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorUtilities Current SymbolNYSE:KEN CUSIPN/A CIK1611005 Webwww.kenon-holdings.com Phone(656) 351-1780Fax65-6351-1798Employees228Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$5.80 Trailing P/E Ratio4.38 Forward P/E RatioN/A P/E GrowthN/ANet Income$312.65 million Net Margins54.38% Pretax Margin67.54% Return on Equity11.36% Return on Assets7.14% Debt Debt-to-Equity Ratio0.49 Current Ratio5.50 Quick Ratio5.50 Sales & Book Value Annual Sales$573.96 million Price / Sales2.38 Cash Flow$6.94 per share Price / Cash Flow3.66 Book Value$42.61 per share Price / Book0.60Miscellaneous Outstanding Shares53,890,000Free Float53,812,000Market Cap$1.37 billion OptionableNot Optionable Beta1.43 Key ExecutivesRobert L. RosenChief Executive OfficerMark HassonChief Financial OfficerKey CompetitorsPampa EnergíaNYSE:PAMTransAltaNYSE:TACOtter TailNASDAQ:OTTRHawaiian Electric IndustriesNYSE:HEPNM ResourcesNYSE:PNMView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 41,217 shares on 5/18/2023Ownership: 0.109%Jane Street Group LLCSold 7,829 shares on 5/16/2023Ownership: 0.055%BlackRock Inc.Bought 5,817 shares on 5/12/2023Ownership: 0.159%UBS Group AGSold 36,028 shares on 5/12/2023Ownership: 0.121%Renaissance Technologies LLCSold 3,900 shares on 5/12/2023Ownership: 0.068%View All Institutional Transactions KEN Stock - Frequently Asked Questions How have KEN shares performed in 2023? Kenon's stock was trading at $33.00 at the beginning of 2023. Since then, KEN shares have decreased by 23.0% and is now trading at $25.40. View the best growth stocks for 2023 here. Are investors shorting Kenon? Kenon saw a increase in short interest in May. As of May 15th, there was short interest totaling 44,300 shares, an increase of 26.2% from the April 30th total of 35,100 shares. Based on an average daily volume of 25,900 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.2% of the company's stock are sold short. View Kenon's Short Interest. When is Kenon's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023. View our KEN earnings forecast. How were Kenon's earnings last quarter? Kenon Holdings Ltd. (NYSE:KEN) issued its quarterly earnings data on Thursday, March, 30th. The utilities provider reported ($15.63) EPS for the quarter. The utilities provider earned $144.96 million during the quarter. Kenon had a trailing twelve-month return on equity of 11.36% and a net margin of 54.38%. How often does Kenon pay dividends? What is the dividend yield for Kenon? Kenon declared a -- dividend on Thursday, March 30th. Investors of record on Monday, April 10th will be paid a dividend of $2.79 per share on Wednesday, April 19th. This represents a dividend yield of 11.9%. The ex-dividend date is Thursday, April 6th. Read our dividend analysis for KEN. What ETFs hold Kenon's stock? ETFs with the largest weight of Kenon (NYSE:KEN) stock in their portfolio include VanEck Israel ETF (ISRA) and WisdomTree International Quality Dividend Growth Fund (IQDG).WisdomTree International Hedged Quality Dividend Growth Fund (IHDG). Is Kenon a good dividend stock? Kenon (NYSE:KEN) pays an annual dividend of $2.79 per share and currently has a dividend yield of 10.93%. KEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 48.10%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for KEN. What other stocks do shareholders of Kenon own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kenon investors own include Altria Group (MO), AT&T (T), Odyssey Marine Exploration (OMEX), British American Tobacco (BTI), CBL & Associates Properties (CBL), Gilead Sciences (GILD), NextEra Energy (NEE), Verizon Communications (VZ), AbbVie (ABBV) and Berkshire Hathaway (BRK.B). What is Kenon's stock symbol? Kenon trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEN." Who are Kenon's major shareholders? Kenon's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Altshuler Shaham Ltd (6.64%), Clal Insurance Enterprises Holdings Ltd (3.73%), Meitav Investment House Ltd. (0.66%), Bank of New York Mellon Corp (0.52%), O Shaughnessy Asset Management LLC (0.22%) and BlackRock Inc. (0.16%). View institutional ownership trends. How do I buy shares of Kenon? Shares of KEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Kenon's stock price today? One share of KEN stock can currently be purchased for approximately $25.40. How much money does Kenon make? Kenon (NYSE:KEN) has a market capitalization of $1.37 billion and generates $573.96 million in revenue each year. The utilities provider earns $312.65 million in net income (profit) each year or $5.80 on an earnings per share basis. How many employees does Kenon have? The company employs 228 workers across the globe. How can I contact Kenon? Kenon's mailing address is 1 TEMASEK AVENUE 36-01, SINGAPORE U0, 039192. The official website for the company is www.kenon-holdings.com. The utilities provider can be reached via phone at (656) 351-1780, via email at jonathanf@kenon-holdings.com, or via fax at 65-6351-1798. This page (NYSE:KEN) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kenon Holdings Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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