On Friday, Kimco Realty Corporation (NYSE: KIM) was 0.48% up from the session before settling in for the closing price of $18.89. A 52-week range for KIM has been $16.27 – $22.83.
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Annual sales at Real Estate sector company grew by 10.08% over the past five years. When this article was written, the company’s average yearly earnings per share was at -51.11%. With a float of $659.64 million, this company’s outstanding shares have now reached $674.12 million.
Let’s look at the performance matrix of the company that is accounted for 660 employees.
Kimco Realty Corporation (KIM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Kimco Realty Corporation stocks. The insider ownership of Kimco Realty Corporation is 2.15%, while institutional ownership is 93.97%. The most recent insider transaction that took place on Feb 13 ’24, was worth 172,653. In this transaction Director of this company sold 8,890 shares at a rate of $19.42, taking the stock ownership to the 203,534 shares.
Kimco Realty Corporation (KIM) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 0.16 earnings per share (EPS) during the time that was less than consensus figure (set at 0.17) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -51.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.06% during the next five years compared to -0.05% drop over the previous five years of trading.
Kimco Realty Corporation (NYSE: KIM) Trading Performance Indicators
You can see what Kimco Realty Corporation (KIM) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.89. Likewise, its price to free cash flow for the trailing twelve months is 20.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.53, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.68 in one year’s time.
Technical Analysis of Kimco Realty Corporation (KIM)
Kimco Realty Corporation (NYSE: KIM) saw its 5-day average volume 4.24 million, a negative change from its year-to-date volume of 5.02 million. As of the previous 9 days, the stock’s Stochastic %D was 80.20%. Additionally, its Average True Range was 0.35.
During the past 100 days, Kimco Realty Corporation’s (KIM) raw stochastic average was set at 44.83%, which indicates a significant decrease from 53.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.13% in the past 14 days, which was lower than the 22.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.71, while its 200-day Moving Average is $19.08. Nevertheless, the first resistance level for the watch stands at $19.13 in the near term. At $19.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.46. If the price goes on to break the first support level at $18.80, it is likely to go to the next support level at $18.61. The third support level lies at $18.47 if the price breaches the second support level.
Kimco Realty Corporation (NYSE: KIM) Key Stats
There are 674,116K outstanding shares of the company, which has a market capitalization of 12.79 billion. As of now, sales total 1,783 M while income totals 654,270 K. Its latest quarter income was 503,750 K while its last quarter net income were -10,970 K.
