Kennedy-Wilson Holdings Management
Management criteria checks 3/4
Kennedy-Wilson Holdings' CEO is Bill McMorrow, appointed in Jan 1988, has a tenure of 38.33 years. total yearly compensation is $14.57M, comprised of 10.3% salary and 89.7% bonuses, including company stock and options. directly owns 8.39% of the company’s shares, worth $128.94M. The average tenure of the management team and the board of directors is 4.3 years and 7.6 years respectively.
Key information
Bill McMorrow
Chief executive officer
US$14.6m
Total compensation
| CEO salary percentage | 10.30% |
| CEO tenure | 38.3yrs |
| CEO ownership | 8.4% |
| Management average tenure | 4.3yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
Narrative Update • Feb 25
KW: Going Private Cash Deal Will Likely Limit Upside Potential
Analysts have lowered their price target on Kennedy-Wilson Holdings by $2 to $9.00, reflecting updated assumptions for fair value, a slightly higher discount rate, and moderated expectations for revenue growth, profit margin, and future P/E. What's in the News Kennedy-Wilson Holdings agreed to be acquired in an all cash transaction by a consortium led by Chairman and CEO William McMorrow, other senior executives, and Fairfax Financial Holdings Limited under a definitive merger agreement.
Narrative Update • Feb 10
KW: Fair Value View Will Guide Returns As Assumptions Are Refined
Analysts have adjusted their price target on Kennedy-Wilson Holdings slightly, reflecting updated assumptions for a 9.0 fair value estimate, a 12.33% discount rate, revenue growth expectations of 44.52%, a 4.78% profit margin, and a forward P/E of 22.02 based on their latest review of the company’s outlook. Valuation Changes Fair Value: Restated at 9.0, in line with the prior 9 estimate, indicating no material shift in the core valuation anchor used in the model.
Narrative Update • Jan 27
KW: Take Private Bid And Buybacks Will Support Bullish Outlook
Analysts have nudged their price target on Kennedy-Wilson Holdings slightly higher to US$11.00, citing updated forecasts that now reflect a revenue growth assumption of about 44.0%, a modestly lower profit margin near 4.8%, and an unchanged future P/E of roughly 27.3x. What's in the News The existing share repurchase program announced on March 20, 2018 has resulted in the company buying back 18,691,161 shares, or 12.93% of its stock, for a total of US$313.05 million, with no additional shares repurchased between July 1, 2025 and September 30, 2025 (Key Developments).Narrative Update • Jan 12
KW: Take Private Offer And Fair Value View Will Shape Future Returns
Narrative Update on Kennedy-Wilson Holdings Analysts have modestly adjusted their price target on Kennedy-Wilson Holdings, citing updated assumptions for revenue growth near 43.49%, a profit margin around 4.86%, and a forward P/E of roughly 22.23x. Together, these factors support a refined view of fair value at about US$9.00 per share.Narrative Update • Dec 26
KW: Take Private Proposal Will Shape Balanced Outlook On Future Returns
Analysts have raised their average price target on Kennedy-Wilson Holdings by approximately 17 percent to an implied fair value near 9 dollars per share, reflecting slightly stronger revenue growth expectations that more than offset a modestly higher discount rate and a small downgrade to projected profit margins. What's in the News Consortium led by Chairman and CEO William McMorrow and Fairfax Financial Holdings proposes to acquire the remaining 69% of Kennedy-Wilson Holdings for approximately $980 million in cash, valuing the company at $10.25 per share (Key Developments) The buying consortium already owns about 31% of Kennedy-Wilson’s outstanding common stock and would own 100% of the company upon completion of the transaction (Key Developments) Kennedy-Wilson’s Board of Directors has formed a special committee to evaluate and oversee the proposed take private transaction (Key Developments) Valuation Changes The fair value estimate has risen moderately from $7.70 to $9.00 per share, implying a higher long term intrinsic valuation.Narrative Update • Dec 12
KW: Take Private Proposal Will Shape Outlook Amid Mixed Fundamentals
Narrative Update on Kennedy-Wilson Holdings Analysts have reduced their price target on Kennedy-Wilson Holdings from 13 dollars to 11 dollars. This change reflects a slightly higher assumed discount rate, a marginally softer profit margin outlook, and a lower future price to earnings multiple, despite modestly improved revenue growth expectations.Seeking Alpha • Nov 06
Kennedy-Wilson Holdings: An Interesting Catalyst Doesn't Justify Meaningful Upside
Summary Kennedy-Wilson Holdings surged 31% after a $10.25/share buyout offer from its CEO and Fairfax Financial, representing a 38% premium. KW's Q3 results showed improved profitability, but disappointing revenue, with ongoing portfolio transformation and significant growth in assets under management. The proposed buyout would take KW private, allowing management to focus on long-term strategy, amid ongoing revenue and profit volatility and high debt levels. With the buyout premium near historical highs and operational uncertainty, KW is best viewed as a hold, though some may see potential for a higher offer. Read the full article on Seeking AlphaNarrative Update • Nov 05
KW: Going Private Transaction Will Drive Long-Term Rental Property Upside
Analysts have raised their price target for Kennedy-Wilson Holdings from $9.90 to $11.00, citing updated assessments of future valuation and company fundamentals. What's in the News A consortium led by Chairman and CEO William McMorrow, along with Fairfax Financial Holdings Limited, has proposed to acquire the remaining 69% stake in Kennedy-Wilson Holdings for approximately $980 million (Key Developments).Analysis Article • Sep 14
Kennedy-Wilson Holdings (NYSE:KW) Has Announced A Dividend Of $0.12
The board of Kennedy-Wilson Holdings, Inc. ( NYSE:KW ) has announced that it will pay a dividend on the 9th of October...Analysis Article • May 29
We Think Shareholders May Want To Consider A Review Of Kennedy-Wilson Holdings, Inc.'s (NYSE:KW) CEO Compensation Package
Key Insights Kennedy-Wilson Holdings will host its Annual General Meeting on 5th of June Total pay for CEO Bill...New Narrative • May 28
Robust Rental Housing Demand And Deleveraging Will Secure Future Resilience
Strong rental demand and strategic repositioning into high-growth housing sectors are driving occupancy, rent growth, and portfolio income.Analysis Article • Apr 14
Kennedy-Wilson Holdings (NYSE:KW) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Seeking Alpha • Mar 11
Kennedy-Wilson Holdings: Not Bad, But Not Great
Summary Kennedy-Wilson Holdings, a real estate investment firm, is undergoing significant transformation, leading to financial volatility but potential long-term benefits for shareholders. Despite a $2.4 billion acquisition deal in 2023, the stock has dropped 30.6%, contrasting with the S&P 500's 35.9% rise. Kennedy-Wilson has a substantial asset base, including $28 billion in assets under management and a growing investment management revenue stream. Given the stock's current valuation and financial performance, I rate KW as a 'hold' due to an insufficient discount for a value investment. Read the full article on Seeking AlphaAnalysis Article • Feb 28
Is It Too Late To Consider Buying Kennedy-Wilson Holdings, Inc. (NYSE:KW)?
Kennedy-Wilson Holdings, Inc. ( NYSE:KW ), might not be a large cap stock, but it saw a double-digit share price rise...Analysis Article • Jan 21
A Look At The Intrinsic Value Of Kennedy-Wilson Holdings, Inc. (NYSE:KW)
Key Insights Kennedy-Wilson Holdings' estimated fair value is US$10.64 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Dec 15
Kennedy-Wilson Holdings (NYSE:KW) Seems To Be Using A Lot Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jun 27
Kennedy-Wilson Holdings' (NYSE:KW) Dividend Is Being Reduced To $0.12
Kennedy-Wilson Holdings, Inc.'s ( NYSE:KW ) dividend is being reduced from last year's payment covering the same period...Analysis Article • Jun 13
Kennedy-Wilson Holdings' (NYSE:KW) Dividend Will Be Reduced To $0.12
Kennedy-Wilson Holdings, Inc. ( NYSE:KW ) has announced it will be reducing its dividend payable on the 5th of July to...Analysis Article • Jun 11
Estimating The Fair Value Of Kennedy-Wilson Holdings, Inc. (NYSE:KW)
Key Insights The projected fair value for Kennedy-Wilson Holdings is US$8.78 based on Dividend Discount Model With...Seeking Alpha • May 31
Kennedy-Wilson: Business Is Moving In The Right Direction
Summary Kennedy-Wilson Holdings, Inc. posted improved Q1 2024 results, with growth in multifamily investment and investment management fees. The company resized its dividend by 50%, saving $66 million annually. KW completed multiple strategic acquisitions and dispositions of non-core assets. Read the full article on Seeking AlphaSeeking Alpha • Mar 13
Kennedy-Wilson: Attractive Valuation, But The Dividend May Be At Risk
Summary Kennedy-Wilson Holdings' share price has dropped 11% since issuing its full-year earnings report in February 2024. The decline in share price does not reflect the company's fundamentals, but there is a risk of the dividend being eliminated. The company has a strong business model with existing revenue streams and new revenue streams, such as asset disposals and a growing global debt platform. Read the full article on Seeking AlphaAnalysis Article • Feb 13
Kennedy-Wilson Holdings (NYSE:KW) Use Of Debt Could Be Considered Risky
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Dec 13
Kennedy-Wilson Holdings' (NYSE:KW) Dividend Will Be $0.24
The board of Kennedy-Wilson Holdings, Inc. ( NYSE:KW ) has announced that it will pay a dividend on the 4th of January...Analysis Article • Nov 28
Kennedy-Wilson Holdings (NYSE:KW) Is Paying Out A Dividend Of $0.24
Kennedy-Wilson Holdings, Inc.'s ( NYSE:KW ) investors are due to receive a payment of $0.24 per share on 4th of...Seeking Alpha • Nov 26
Kennedy-Wilson's Out Of Favor Stock And Bonds Offer A Compelling Opportunity
Summary Kennedy-Wilson is a real estate development company with a strong track record and $25B in assets under management. The company is focused on increasing cash flow in global credit, growing its stabilized multifamily portfolio, and expanding its industrial assets. Despite a decline in financial results, the stock is undervalued and offers an 8.31% dividend yield, making it an attractive opportunity for long-term investors. Read the full article on Seeking AlphaAnalysis Article • Sep 26
Kennedy-Wilson Holdings (NYSE:KW) Will Pay A Dividend Of $0.24
Kennedy-Wilson Holdings, Inc. ( NYSE:KW ) has announced that it will pay a dividend of $0.24 per share on the 5th of...Analysis Article • Sep 12
Kennedy-Wilson Holdings (NYSE:KW) Is Paying Out A Dividend Of $0.24
Kennedy-Wilson Holdings, Inc. ( NYSE:KW ) has announced that it will pay a dividend of $0.24 per share on the 5th of...Analysis Article • Aug 28
Kennedy-Wilson Holdings (NYSE:KW) Is Paying Out A Dividend Of $0.24
Kennedy-Wilson Holdings, Inc.'s ( NYSE:KW ) investors are due to receive a payment of $0.24 per share on 5th of...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$16m |
| Dec 31 2025 | US$15m | US$2m | -US$39m |
| Sep 30 2025 | n/a | n/a | -US$35m |
| Jun 30 2025 | n/a | n/a | -US$91m |
| Mar 31 2025 | n/a | n/a | -US$144m |
| Dec 31 2024 | US$16m | US$2m | -US$76m |
| Sep 30 2024 | n/a | n/a | -US$357m |
| Jun 30 2024 | n/a | n/a | -US$372m |
| Mar 31 2024 | n/a | n/a | -US$274m |
| Dec 31 2023 | US$14m | US$2m | -US$342m |
| Sep 30 2023 | n/a | n/a | -US$92m |
| Jun 30 2023 | n/a | n/a | US$24m |
| Mar 31 2023 | n/a | n/a | -US$11m |
| Dec 31 2022 | US$17m | US$2m | US$65m |
| Sep 30 2022 | n/a | n/a | US$101m |
| Jun 30 2022 | n/a | n/a | US$142m |
| Mar 31 2022 | n/a | n/a | US$354m |
| Dec 31 2021 | US$16m | US$2m | US$313m |
| Sep 30 2021 | n/a | n/a | US$446m |
| Jun 30 2021 | n/a | n/a | US$355m |
| Mar 31 2021 | n/a | n/a | US$97m |
| Dec 31 2020 | US$16m | US$2m | US$93m |
| Sep 30 2020 | n/a | n/a | US$81m |
| Jun 30 2020 | n/a | n/a | US$127m |
| Mar 31 2020 | n/a | n/a | US$219m |
| Dec 31 2019 | US$16m | US$2m | US$224m |
Compensation vs Market: Bill's total compensation ($USD14.57M) is above average for companies of similar size in the US market ($USD5.53M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill McMorrow (78 yo)
38.3yrs
Tenure
US$14,565,733
Compensation
Mr. William J. McMorrow, also known as Bill, is Chairman & Chief Executive Officer of Kennedy Wilson, Inc. Mr. McMorrow serves as the Chief Executive Officer of Kennedy Wilson Commercial Investment Group....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 38.3yrs | US$14.57m | 8.39% $ 128.9m | |
| President | 2.7yrs | US$8.75m | 1.25% $ 19.2m | |
| Senior EVP & CFO | 14.1yrs | US$4.88m | 0.59% $ 9.0m | |
| Executive VP | 13.3yrs | US$4.48m | 0.19% $ 2.9m | |
| President | 2.7yrs | US$3.67m | 0.047% $ 725.2k | |
| Head of Investor Relations | no data | no data | no data | |
| Managing Director of Communications | 4yrs | no data | no data | |
| Executive VP and Global Director of Risk Management & Human Resources | 9.3yrs | no data | 0.086% $ 1.3m | |
| President of Multifamily Group | no data | no data | no data | |
| Head of U.S. Development & Construction | 4.3yrs | no data | no data | |
| Head of Acquisitions & Commercial for Ireland | no data | no data | no data | |
| Global Sustainability Officer | 2.7yrs | no data | no data |
4.3yrs
Average Tenure
49yo
Average Age
Experienced Management: KW's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 38.3yrs | US$14.57m | 8.39% $ 128.9m | |
| Independent Director | 15.8yrs | US$343.24k | 0.37% $ 5.7m | |
| Independent Director | 1.8yrs | US$338.24k | 0% $ 0 | |
| Independent Director | 6.2yrs | US$323.24k | 0.029% $ 439.4k | |
| Independent Director | 7.6yrs | US$323.24k | 0.065% $ 991.5k | |
| Lead Independent Director | 16.5yrs | US$343.24k | 1.74% $ 26.7m | |
| Independent Director | 3.5yrs | US$323.24k | 0.021% $ 330.4k | |
| Independent Non-Executive Director | 7.6yrs | US$343.24k | 0.057% $ 873.8k | |
| Independent Director | 1.6yrs | US$323.24k | 0% $ 0 | |
| Independent Director | 8.1yrs | US$328.92k | 0.057% $ 877.2k | |
| Independent Director | 1.6yrs | US$338.24k | 0% $ 0 |
7.6yrs
Average Tenure
65yo
Average Age
Experienced Board: KW's board of directors are considered experienced (7.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/19 08:58 |
| End of Day Share Price | 2026/05/19 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Kennedy-Wilson Holdings, Inc. is covered by 12 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Spector | BofA Global Research |
| Jeffrey Spector | BofA Global Research |
| Jana Galan | BofA Global Research |