Kimco Realty Corporation (NYSE: KIM) started the day on May 24, 2023, with a price decrease of -2.12% at $18.03. During the day, the stock rose to $18.18 and sunk to $17.955 before settling in for the price of $18.42 at the close. Taking a more long-term approach, KIM posted a 52-week range of $17.34-$23.80.
It was noted that the giant of the Real Estate sector posted annual sales growth of 7.50% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -28.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -90.00%. This publicly-traded company’s shares outstanding now amounts to $615.86 million, simultaneously with a float of $605.44 million. The organization now has a market capitalization sitting at $11.21 billion. At the time of writing, stock’s 50-day Moving Average stood at $18.62, while the 200-day Moving Average is $20.50.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 639 workers. It has generated 2,703,731 per worker during the last fiscal year. Meanwhile, its income per employee was 193,731. The stock had 6.18 Receivables turnover and 0.10 Total Asset turnover. For the Profitability, stocks gross margin was +40.04, operating margin was +33.12 and Pretax Margin of +2.56.
Kimco Realty Corporation (KIM) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Retail Industry. Kimco Realty Corporation’s current insider ownership accounts for 2.24%, in contrast to 96.00% institutional ownership. According to the most recent insider trade that took place on Feb 28, this organization’s Director sold 9,630 shares at the rate of 20.70, making the entire transaction reach 199,351 in total value, affecting insider ownership by 212,424. Preceding that transaction, on Oct 14, Company’s sold 11,500,000 for 26.18, making the whole transaction’s value amount to 301,070,000. This particular insider is now the holder of 28,338,105 in total.
Kimco Realty Corporation (KIM) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2023, the organization reported $0.46 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.2) by $0.26. This company achieved a net margin of +7.17 while generating a return on equity of 1.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
Kimco Realty Corporation’s EPS decrease for this current 12-month fiscal period is -90.00% and is forecasted to reach 0.65 in the upcoming year.
Kimco Realty Corporation (NYSE: KIM) Trading Performance Indicators
Let’s observe the current performance indicators for Kimco Realty Corporation (KIM). The Stock has managed to achieve an average true range (ATR) of 0.46. Alongside those numbers, its PE Ratio stands at $75.13, and its Beta score is 1.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.43.
In the same vein, KIM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.24, a figure that is expected to reach 0.14 in the next quarter, and analysts are predicting that it will be 0.65 at the market close of one year from today.
Technical Analysis of Kimco Realty Corporation (KIM)
If we take a close look at the recent performances of Kimco Realty Corporation (NYSE: KIM), its last 5-days Average volume was 3.92 million that shows plunge from its year to date volume of 4.56 million. During the previous 9 days, stock’s Stochastic %D was recorded 53.95% While, its Average True Range was 0.47.
Raw Stochastic average of Kimco Realty Corporation (KIM) in the period of the previous 100 days is set at 11.64%, which indicates a major fall in contrast to 18.75% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.71% that was higher than 29.03% volatility it exhibited in the past 100-days period.