Tomorrow Is Not Likely To Be Same For Kimco Realty Corporation (KIM)

Kimco Realty Corporation (KIM) concluded trading on Wednesday at a closing price of $22.04, with 3.89 million shares of worth about $85.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.76% during that period and on January 08, 2025 the price saw a gain of about 0.32%. Currently the company’s common shares owned by public are about 674.08M shares, out of which, 659.56M shares are available for trading.

Stock saw a price change of -5.93% in past 5 days and over the past one month there was a price change of -12.50%. Year-to-date (YTD), KIM shares are showing a performance of -5.93% which increased to 5.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.57 but also hit the highest price of $25.83 during that period. The average intraday trading volume for Kimco Realty Corporation shares is 3.90 million. The stock is currently trading -6.19% below its 20-day simple moving average (SMA20), while that difference is down -9.32% for SMA50 and it goes to 1.75% higher than SMA200.

Kimco Realty Corporation (NYSE: KIM) currently have 674.08M outstanding shares and institutions hold larger chunk of about 95.59% of that.

The stock has a current market capitalization of $14.86B and its 3Y-monthly beta is at 1.50. PE ratio of stock for trailing 12 months is 41.00, while it has posted earnings per share of $0.54 in the same period. Its PEG reads 8.91 while making debt-to-equity ratio of 0.80. 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 2.58% while standing at 2.09% over the month.

Stock’s fiscal year EPS is expected to drop by -47.30% while it is estimated to increase by 35.59% in next year. EPS is likely to grow at an annualized rate of 4.60% for next 5-years, compared to annual growth of -0.05% made by the stock over the past 5-years.

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 Jefferies on January 02, 2025 offering a Hold rating for the stock and assigned a target price range of between $28 and $25 to it. Coverage by JP Morgan stated Kimco Realty Corporation (KIM) stock as a Neutral in their note to investors on December 20, 2024, suggesting a price target of $26 for the stock. On August 19, 2024, Mizuho Downgrade their recommendations, while on August 16, 2024, Raymond James Upgrade their ratings for the stock with a price target of $25. Stock get a Neutral rating from BofA Securities on April 05, 2024.

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