NYSE:KENKenon Stock Price, Forecast & News

$22.00

+0.10 (+0.46 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$21.86

Now: $22.00▼

$22.08

50-Day Range

$15.18

MA: $19.26▼

$21.90

52-Week Range

$10.56

Now: $22.00▼

$23.05

Volume1,100 shs

Average Volume1,946 shs

Market Capitalization$1.19 billion

P/E RatioN/A

Dividend Yield5.50%

Beta1.69

Kenon Holdings Ltd., through its subsidiaries, owns, develops, and operates power generation facilities in Israel. It operates through OPC, Qoros, and Other segments. The company's power generation plants operate on natural gas and diesel. It also designs, manufactures, sells, and services passenger vehicles, parts, and accessories through a network of independent authorized retail dealers in China. As of December 31, 2017, the company's Qoros' dealerships included 113 point of sales facilities. In addition, Kenon Holdings Ltd., through its 32% equity interest in ZIM Integrated Shipping Services, Ltd., owned and chartered vessels with a total container capacity of 385,974 TEUs. Further, it develops and owns a proprietary natural gas-to-liquid technology process. The company was incorporated in 2014 and is based in Singapore.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Kenon.

2.4 Community Rank

Outperform Votes
Kenon has received 97 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kenon has received 105 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kenon has received 51.98% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Kenon and other stocks. Vote “Outperform” if you believe KEN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KEN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Kenon is a leading dividend payer. It pays a dividend yield of 5.50%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Kenon does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kenon insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 1.09% of the stock of Kenon is held by institutions.

0.0 Earnings and Valuation

Price to Book Value per Share Ratio
Kenon has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.81 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electric services

Sub-IndustryN/A

SectorUtilities

Current SymbolNYSE:KEN

Previous Symbol

CUSIPN/A

CIK1611005

Webwww.kenon-holdings.com

Phone65-6351-1780

Debt

Debt-to-Equity Ratio0.79

Current Ratio1.79

Quick Ratio3.14

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$373 million

Price / Sales3.18

Cash FlowN/A

Price / Cash FlowN/A

Book Value$13.22 per share

Price / Book1.66

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-13,360,000.00

Net Margins3.73%

Return on Equity-1.10%

Return on Assets-0.53%

Miscellaneous

Employees108

Outstanding Shares53,871,000

Market Cap$1.19 billion

Next Earnings Date9/1/2020 (Estimated)

OptionableNot Optionable

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Kenon (NYSE:KEN) Frequently Asked Questions

How has Kenon's stock been impacted by COVID-19 (Coronavirus)?

Kenon's stock was trading at $13.31 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KEN shares have increased by 65.3% and is now trading at $22.00. View which stocks have been most impacted by Coronavirus.

When is Kenon's next earnings date?

Kenon is scheduled to release its next quarterly earnings announcement on Tuesday, September 1st 2020. View our earnings forecast for Kenon.

How were Kenon's earnings last quarter?

Kenon Holdings Ltd (NYSE:KEN) released 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 analysts' expectations of $336 million. Kenon had a net margin of 3.73% and a negative return on equity of 1.10%. View Kenon's earnings history.

How often does Kenon pay dividends? What is the dividend yield for Kenon?

Kenon declared an annual dividend on Monday, November 4th. Shareholders of record on Monday, November 18th will be given a dividend of $1.21 per share on Tuesday, November 26th. This represents a dividend yield of 5.53%. The ex-dividend date is Friday, November 15th. View Kenon's dividend history.

Has Kenon been receiving favorable news coverage?

News headlines about KEN stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kenon earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutKenon.

Are investors shorting Kenon?

Kenon saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,100 shares, an increase of 720.0% from the April 15th total of 500 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is presently 1.9 days. Approximately 0.0% of the shares of the company are short sold. View Kenon's Current Options Chain.

Who are some of Kenon's key competitors?

Some companies that are related to Kenon include Enel Generacion Chile (EOCC), Clearway Energy (CWEN), Portland General Electric (POR), Hawaiian Electric Industries (HE), TerraForm Power (TERP), Enel Chile (ENIC), Black Hills (BKH), Ormat Technologies (ORA), Companhia Paranaense de Energia (ELP), Nextera Energy Partners (NEP), PNM Resources (PNM), CEMIG (CIG), CENTRICA PLC/S (CPYYY), Atlantica Yield (AY) and El Paso Electric (EE). View all competitors.

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), CBL & Associates Properties (CBL), Verizon Communications (VZ), AbbVie (ABBV), British American Tobacco (BTI), Comcast (CMCSA), Walt Disney (DIS) and Consolidated Edison (ED).

Who are Kenon's key executives?

Kenon's management team includes the following people:

Mr. Robert L. Rosen, Chief Exec. Officer (Age 46)
Mr. Mark Hasson, Chief Financial Officer (Age 43)
Jonathan Fisch, Director of Bus. Devel. & Investor Relations

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 variety of retail and institutional investors. Top institutional shareholders include Meitav Dash Investments Ltd. (0.17%), Swiss National Bank (0.08%), Jane Street Group LLC (0.03%) and Morgan Stanley (0.00%). View institutional ownership trends for Kenon.

Which institutional investors are selling Kenon stock?

KEN stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, and Swiss National Bank. View insider buying and selling activity for Kenon.

Which institutional investors are buying Kenon stock?

KEN stock was purchased by a variety of institutional investors in the last quarter, including Meitav Dash Investments Ltd., and Jane Street Group LLC. View insider buying and selling activity for Kenon.

How do I buy shares of Kenon?

Shares of KEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Kenon's stock price today?

One share of KEN stock can currently be purchased for approximately $22.00.

How big of a company is Kenon?

Kenon has a market capitalization of $1.19 billion and generates $373 million in revenue each year. Kenon employs 108 workers across the globe.

What is Kenon's official website?

The official website for Kenon is www.kenon-holdings.com.

How can I contact Kenon?

Kenon's mailing address is 1 TEMASEK AVENUE 36-01, SINGAPORE U0, 039192. The utilities provider can be reached via phone at 65-6351-1780 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff