Kimco Realty Corporation (KIM) Analysis & Opinions from Experts

Kimco Realty Corporation (NYSE: KIM) is 3.66% higher on its value in year-to-date trading and has touched a low of $16.27 and a high of $23.17 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KIM stock was last observed hovering at around $21.76 in the last trading session, with the day’s gains setting it 0.1% off its average median price target of $22.38 for the next 12 months. It is also 15.92% off the consensus price target high of $26.00 offered by 21 analysts, but current levels are -9.3% lower than the price target low of $20.00 for the same period.

Currently trading at $21.86, the stock is 5.70% and 15.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.8 million and changing 0.46% at the moment leaves the stock 15.89% off its SMA200. KIM registered 5.05% gain for a year compared to 6-month loss of 13.29%. The firm has a 50-day simple moving average (SMA 50) of $11.28 and a 200-day simple moving average (SMA200) of $15.82.

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The stock witnessed a 17.35% gain in the last 1 month and extending the period to 3 months gives it a 25.90%, and is -0.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.76% over the week and 2.39% over the month.

Kimco Realty Corporation (KIM) has around 639 employees, a market worth around $13.55B and $1.78B in sales. Current P/E ratio is 31.02 and Fwd P/E is 35.83. Profit margin for the company is 24.50%. Distance from 52-week low is 34.37% and -5.65% from its 52-week high. The company has generated returns on investments over the last 12 months (2.59%).

Kimco Realty Corporation (KIM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Kimco Realty Corporation (KIM) is a “Overweight”. 21 analysts offering their recommendations for the stock have an average rating of 2.00, where 10 rate it as a Hold and 1 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Kimco Realty Corporation is expected to release its quarterly report on 02/08/2024.The EPS is expected to grow by 422.18% this year.

Kimco Realty Corporation (KIM) Top Institutional Holders

The shares outstanding are 618.48M, and float is at 606.06M with Short Float at 3.51%.

Kimco Realty Corporation (KIM) Insider Activity

A total of 0 insider transactions have happened at Kimco Realty Corporation (KIM) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by LOURENSO FRANK,the company’sDirector. SEC filings show that LOURENSO FRANK sold 9,630 shares of the company’s common stock on Feb 28 at a price of $20.70 per share for a total of $0.2 million. Following the sale, the insider now owns 0.21 million shares.

Kimco Realty Corporation (KIM): Who are the competitors?

The company’s main competitors (and peers) include Realty Income Corp. (O) that is trading -10.42% down over the past 12 months. Regency Centers Corp. (REG) that is 7.30% higher over the same period.