REIT Kennedy Wilson reports Q4 adjusted net income of $68 mln

Kennedy-Wilson Holdings

25/02/2026 21:39

Overview

Real estate investment firm's Q4 adjusted EBITDA beat analyst expectations

Company completed acquisition of Toll Brothers Apartment Living platform , adding $5 bln in AUM

Company reported Q4 adjusted net income of $68 mln

Result Drivers

TOLL BROTHERS ACQUISITION - Acquisition added $5 bln in AUM and increased Fee-Bearing Capital by $1 bln

INVESTMENT MANAGEMENT FEES - Fees grew 16% in FY-25, driven by increased Fee-Bearing Capital and loan originations

BASELINE EBITDA DECLINE - Baseline EBITDA fell due to lower property NOI from non-core asset sales

Company press release: ID:nBw2yxL8wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted Net Income
$68 mln
Q4 Adjusted EBITDA
Beat
$179 mln
$120.20 mln (1 Analyst)

Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the real estate rental, development & operations peer group is "buy."

Wall Street's median 12-month price target for Kennedy-Wilson Holdings Inc is $8.35, about 23.3% below its February 24 closing price of $10.88

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)