Kimco Realty Corporation (KIM) concluded trading on Wednesday at a closing price of $17.97, with 5.06 million shares of worth about $90.87 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.95% during that period and on April 10, 2024 the price saw a loss of about -5.17%. Currently the company’s common shares owned by public are about 674.14M shares, out of which, 659.64M shares are available for trading.
Stock saw a price change of -4.21% in past 5 days and over the past one month there was a price change of -7.42%. Year-to-date (YTD), KIM shares are showing a performance of -15.67% which decreased to -5.95% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.27 but also hit the highest price of $22.83 during that period. The average intraday trading volume for Kimco Realty Corporation shares is 5.52 million. The stock is currently trading -5.66% below its 20-day simple moving average (SMA20), while that difference is down -7.83% for SMA50 and it goes to -6.96% lower than SMA200.
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Kimco Realty Corporation (NYSE: KIM) currently have 674.14M outstanding shares and institutions hold larger chunk of about 101.75% of that.
The stock has a current market capitalization of $12.11B and its 3Y-monthly beta is at 1.45. PE ratio of stock for trailing 12 months is 17.77, while it has posted earnings per share of $1.01 in the same period. It has a debt-to-equity ratio of 0.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KIM, volatility over the week remained 1.96% while standing at 2.00% over the month.
Analysts are in expectations that Kimco Realty Corporation (KIM) stock would likely to be making an EPS of $0.18 in the current quarter, while forecast for next quarter EPS is $0.18 and it is $0.75 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.16 which is $0.19 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.46 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -28.38% while it is estimated to increase by 5.94% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on April 05, 2024 offering a Neutral rating for the stock and assigned a target price range of between $24 and $20 to it. Coverage by Citigroup stated Kimco Realty Corporation (KIM) stock as a Neutral in their note to investors on March 22, 2024, suggesting a price target of $20 for the stock. On January 30, 2024, Deutsche Bank Initiated their recommendations, while on September 20, 2023, Wells Fargo Upgrade their ratings for the stock with a price target of $20. Stock get a Buy rating from Mizuho on September 18, 2023.
