The key reasons why Kimco Realty Corporation (KIM) is -18.85% away from 52-week high?

Kimco Realty Corporation (NYSE: KIM) started the day on Wednesday, with a price decrease of -0.54% at $18.53, before settling in for the price of $18.63 at the close. Taking a more long-term approach, KIM posted a 52-week range of $16.27-$22.83.

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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 10.08%. Meanwhile, its Annual Earning per share during the time was -0.05%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -28.38%. This publicly-traded company’s shares outstanding now amounts to $674.14 million, simultaneously with a float of $659.64 million. The organization now has a market capitalization sitting at $12.49 billion. At the time of writing, stock’s 50-day Moving Average stood at $19.04, while the 200-day Moving Average is $19.28.

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 2.15%, in contrast to 101.45% institutional ownership. According to the most recent insider trade that took place on Feb 13 ’24, this organization’s Director sold 8,890 shares at the rate of 19.42, making the entire transaction reach 172,653 in total value, affecting insider ownership by 203,534.

Kimco Realty Corporation (KIM) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/31/2023, the organization reported 0.46 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at 0.2) by 0.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.

Kimco Realty Corporation’s EPS decrease for this current 12-month fiscal period is -28.38% and is forecasted to reach 0.77 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 0.38. Alongside those numbers, its PE Ratio stands at $18.32, 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 6.95. Similarly, its price to free cash flow for trailing twelve months is now 15.48.

In the same vein, KIM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.01, a figure that is expected to reach 0.18 in the next quarter, and analysts are predicting that it will be 0.77 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 5.18 million that shows plunge from its year to date volume of 5.57 million. During the previous 9 days, stock’s Stochastic %D was recorded 89.28% While, its Average True Range was 0.37.

Raw Stochastic average of Kimco Realty Corporation (KIM) in the period of the previous 100 days is set at 18.23%, which indicates a major fall in contrast to 69.06% 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 30.13% that was higher than 26.24% volatility it exhibited in the past 100-days period.