The Kimco Realty Corporation (NYSE:KIM) is going up by 0.02% in today’s trading session, a fall equivalent to 0.0% of the stock’s price from yesterday’s market close. A news came out on 11/13/19 stating that Kimco Realty Recognized as Nareit’s 2019 Leader in Sustainability for Retail Real Estate by WSJ. The lowest point that the shares touched during the trading session was $21.32, while the peak of the day was recorded at a share price of $21.53. KIM finished the previous session at $21.34 according to the data provided by Barchart, while the trading volume was observed to be $1117259.
In the 100 days of trading, KIM managed to top a 19.84% Moving average. Additionally, Kimco Realty Corporation shares have achieved a 52-week range between 14.29 and 21.86 alongside 100 days raw stochastic set at 85.00%.
The number of shares outstanding, according to the fundamentals of the company, is set at 422.82M, equal to the value of $9.02B in market capitalization. In the last 30 days, Kimco Realty Corporation shares went down by -2.81%, adding 21.86 to growth in value, on top of a +2.83% boost since 10/22/19.
Kimco Realty Corporation (NYSE:KIM) Analyst’s Estimates
Kimco Realty Corporation (KIM) could record at least $0.18 per share in quarterly earnings in the upcoming report on 02/07/2020, a number that would actually represent an increase of 0.76 YOY.
According to the average analyst rating, Kimco Realty Corporation would be rated as Hold. Out of 22 different analysts monitoring KIM stock, 4 analysts rate the stock as a BUY, 15 suggest to give the rating of HOLD, 0 indicate that KIM is an OVERWEIGHT, 3 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 23, 2019, the stock earned a Downgrade rating due to a new analyst call from CapitalOne, while analysts from Compass Point believe that the stock is set at Sell from Neutral, as concluded on September 04, 2019. RBC Capital Mkts, is still rather wary about the stock, deciding to keep the rating at Sector Perform as confirmed through a call on August 22, 2019.
Regardless of the rating, Compass Point did increase their price to $19 as they are considering target share price analysis. BofA/Merrill, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on June 11, 2019, giving the stock a Buy from the Neutral rating.
KIM Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +45.72% has been attained, while the operating margin has been recorded at +21.63%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 4.29%. Beta value of the stock is recorded at 0.58. Additionally, Kimco Realty Corporation is recording price volatility of 1.31% for the period of the last seven days and 1.62% in the last 30 days.
Kimco Realty Corporation (NYSE:KIM) Technical Outlook
For the period of the last 50 days, Kimco Realty Corporation had its Raw Stochastic average set at 68.70% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 48.75%. Stochastic %K for Kimco Realty Corporation, with the last 20 days included, was set at 56.81%, having Stochastic %D topping 68.66%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Kimco Realty Corporation stocks with recording 45.67% in metrics.
Kimco Realty Corporation Insider Watch:
Similarly, 92.23% of the company’s float is held by institutions – and there are 661 institutions in total holding shares of this company. The top three institutional holders of KIM stocks are: Vanguard Group, Inc. (The) with ownership of $1.47 billion, which is approximately 70325362 of the company’s shares; Blackrock Inc., holding 38956258 shares of the stock with an approximate value of $813.41 million; and State Street Corporation, currently with more than 33080708 shares of the company valued at $690.73 million. Positions in Kimco Realty Corporation stocks held by institutional investors has been changing actively in the past six months, a period during which there were 4 insider purchases amounting to 108560 shares. Similarly, there were 2 sale transactions amounting to 8380 shares, with the net shares purchased during the last six months reaching 100,180.