Kenon - KEN Stock Forecast, Price & News

Kenon's stock was trading at $52.50 at the beginning of 2022. Since then, KEN shares have decreased by 9.0% and is now trading at $47.76.
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Kenon saw a decrease in short interest in July. As of July 31st, there was short interest totaling 56,800 shares, a decrease of 25.0% from the July 15th total of 75,700 shares. Based on an average trading volume of 53,500 shares, the short-interest ratio is currently 1.1 days. Currently, 0.3% 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 Thursday, August 25th 2022.
View our KEN earnings forecast.

Kenon Holdings Ltd. (NYSE:KEN) posted its quarterly earnings data on Wednesday, June, 1st. The utilities provider reported $11.86 earnings per share (EPS) for the quarter. The utilities provider had revenue of $146 million for the quarter. Kenon had a trailing twelve-month return on equity of 61.18% and a net margin of 267.63%.

Kenon announced a dividend on Thursday, March 31st. Stockholders of record on Monday, June 27th will be given 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 7.35%. KEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 13.57%. 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."

Kenon's stock is owned by many different institutional and retail investors. Top institutional shareholders include Clal Insurance Enterprises Holdings Ltd (3.19%), Meitav Dash Investments Ltd. (0.86%), UBS Group AG (0.20%), JPMorgan Chase & Co. (0.11%), Swiss National Bank (0.08%) and Eqis Capital Management Inc. (0.07%).
View institutional ownership trends.

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.
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One share of KEN stock can currently be purchased for approximately $47.76.

Kenon (NYSE:KEN) has a market capitalization of $2.57 billion and generates $488 million in revenue each year. The utilities provider earns $930.27 million in net income (profit) each year or $25.79 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.