Kimco Realty Corporation (KIM) Outlook Starting To Look Brighter?

Kimco Realty Corporation (KIM) concluded trading on Thursday at a closing price of $22.68, with 3.55 million shares of worth about $80.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.95% during that period and on January 30, 2025 the price saw a gain of about 1.16%. Currently the company’s common shares owned by public are about 674.08M shares, out of which, 659.70M shares are available for trading.

Stock saw a price change of -0.04% in past 5 days and over the past one month there was a price change of -2.95%. Year-to-date (YTD), KIM shares are showing a performance of -3.20% which increased to 10.47% 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 4.08 million. The stock is currently trading 0.79% above its 20-day simple moving average (SMA20), while that difference is down -4.57% for SMA50 and it goes to 3.46% higher than SMA200.

Kimco Realty Corporation (NYSE: KIM) currently have 674.08M outstanding shares and institutions hold larger chunk of about 95.55% of that.

The stock has a current market capitalization of $15.29B and its 3Y-monthly beta is at 1.49. PE ratio of stock for trailing 12 months is 42.19, while it has posted earnings per share of $0.54 in the same period. It has a 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 2.42% while standing at 2.11% over the month.

Stock’s fiscal year EPS is expected to drop by -47.24% while it is estimated to increase by 35.37% in next year. EPS is likely to shrink at an annualized rate of -9.30% 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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