Kenon (KEN) Stock Price, News & Analysis

Company Overview

Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates through OPC Power Plants, CPV Group, and ZIM segments. The company engages in the generation and supply of electricity and energy; development, construction, and management of solar and wind energy, and conventional natural gas-fired power plants; and provision of container liner shipping services. It also operates a fleet of 150 vessels. Kenon Holdings Ltd. was incorporated in 2014 and is based in Singapore. Kenon Holdings Ltd. operates as a subsidiary of Ansonia Holdings Singapore B.V.

Key Stats

• Today's Range: $28.74 to $30.20
• 50-Day Range: $26.25 to $31.00
• 52-Week Range: $19.63 to $31.26
• Volume: 16,861 shs
• Average Volume: 15,007 shs
• Market Capitalization: $1.60 billion
• P/E Ratio: 9.27
• Dividend Yield: 12.81%
• Price Target: N/A
• Consensus Rating: N/A

Kenon Stock Analysis - MarketRank™

Kenon scored higher than 35% of companies evaluated by MarketBeat, and ranked 78th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Kenon.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Kenon is 9.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kenon is 9.27, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.36.

Price to Book Value per Share Ratio

Kenon has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.08% of the float of Kenon has been sold short.

Short Interest Ratio / Days to Cover

Kenon has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kenon has recently increased by 4.94%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Kenon is a leading dividend payer. It pays a dividend yield of 12.75%, 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.

Dividend Coverage

The dividend payout ratio of Kenon is 118.75%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.08% of the float of Kenon has been sold short.

Short Interest Ratio / Days to Cover

Kenon has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kenon has recently increased by 4.94%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Kenon has a news sentiment score of 1.05. 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 0.67 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Kenon this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for KEN on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Kenon to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kenon insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.14% of the stock of Kenon is held by insiders.

Percentage Held by Institutions

Only 13.38% of the stock of Kenon is held by institutions.

KEN Stock Analysis - Frequently Asked Questions

How have KEN shares performed this year?

Kenon's stock was trading at $24.34 at the beginning of 2024. Since then, KEN shares have increased by 21.9% and is now trading at $29.66.
View the best growth stocks for 2024 here.

How were Kenon's earnings last quarter?

Kenon Holdings Ltd. (NYSE:KEN) announced its earnings results on Tuesday, December, 6th. The utilities provider reported ($0.90) earnings per share for the quarter. The utilities provider earned $502 million during the quarter, compared to analyst estimates of $336 million. Kenon had a trailing twelve-month return on equity of 2.93% and a net margin of 22.88%.

Who are Kenon's major shareholders?

Kenon's top institutional shareholders include Clal Insurance Enterprises Holdings Ltd (5.00%), UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.04%), CWA Asset Management Group LLC (0.03%) and Public Employees Retirement System of Ohio (0.02%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kenon own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kenon investors own include Verizon Communications (VZ), Altria Group (MO), Meta Platforms (META), AT&T (T), Energy Transfer (ET), British American Tobacco (BTI) and Cisco Systems (CSCO).

Company Calendar

• Last Earnings: 12/06/2016
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: N/A
• Current Symbol: NYSE:KEN
• CUSIP: N/A
• CIK: 1611005
• Web: www.kenon-holdings.com
• Phone: (656) 351-1780
• Fax: 65-6351-1798
• Employees: 325
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.20
• Trailing P/E Ratio: 9.27
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-235,980,000.00
• Net Margins: 22.88%
• Pretax Margin: 27.09%
• Return on Equity: 2.93%
• Return on Assets: 1.45%

Debt

• Debt-to-Equity Ratio: 0.64
• Current Ratio: 3.78
• Quick Ratio: 3.78

Sales & Book Value

• Annual Sales: $742.80 million
• Price / Sales: 2.15
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $38.42 per share
• Price / Book: 0.77

Miscellaneous

• Outstanding Shares: 53,887,000
• Free Float: 53,812,000
• Market Cap: $1.60 billion
• Optionable: Optionable
• Beta: 1.44