Kenon - KEN Stock Forecast, Price & News

Kenon's stock was trading at $52.50 on January 1st, 2022. Since then, KEN shares have decreased by 31.8% and is now trading at $35.83.
View the best growth stocks for 2022 here.

Kenon saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 48,300 shares, a drop of 13.3% from the August 31st total of 55,700 shares. Based on an average daily volume of 40,300 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the company's shares are sold short.
View Kenon's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 29th 2022.
View our KEN earnings forecast.

Kenon Holdings Ltd. (NYSE:KEN) issued its quarterly earnings results on Tuesday, December, 6th. The utilities provider reported ($0.90) earnings per share (EPS) for the quarter. The utilities provider earned $502 million during the quarter, compared to the consensus estimate of $336 million. Kenon had a trailing twelve-month return on equity of 59.94% and a net margin of 277.01%.

Kenon declared a dividend on Thursday, March 31st. Investors of record on Monday, June 27th will be paid a dividend of $10.25 per share on Tuesday, July 5th. The ex-dividend date is Thursday, June 23rd.
Read our dividend analysis for KEN.

Kenon (NYSE:KEN) pays an annual dividend of $3.50 per share and currently has a dividend yield of 10.04%. KEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 12.72%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for KEN.

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).

Kenon trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEN."

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.

One share of KEN stock can currently be purchased for approximately $35.83.

Kenon (NYSE:KEN) has a market capitalization of $1.93 billion and generates $488 million in revenue each year. The utilities provider earns $930.27 million in net income (profit) each year or $27.51 on an earnings per share basis.

The company employs 228 workers across the globe.

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.