On Monday, Kimco Realty Corporation (NYSE: KIM) was -2.27% drop from the session before settling in for the closing price of $24.62. A 52-week range for KIM has been $16.27 – $24.67.
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Real Estate Sector giant saw their annual sales surged by 10.08% over the last five years. When this article was written, the company’s average yearly earnings per share was at -50.21%. With a float of $659.71 million, this company’s outstanding shares have now reached $674.11 million.
The firm has a total of 660 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.49%, operating margin of 31.82%, and the pretax margin is 18.88%.
Kimco Realty Corporation (KIM) Insider Activity
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 2.14%, while institutional ownership is 94.65%. The most recent insider transaction that took place on Aug 02 ’24, was worth 1,096,040. In this transaction Chief Operating Officer of this company sold 50,000 shares at a rate of $21.92, taking the stock ownership to the 337,111 shares. Before that another transaction happened on Aug 02 ’24, when Company’s Officer proposed sale 50,000 for $22.08, making the entire transaction worth $1,104,000.
Kimco Realty Corporation (KIM) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.19 earnings per share (EPS) during the time that was better than consensus figure (set at 0.16) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -50.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.63% 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 8.46. Likewise, its price to free cash flow for the trailing twelve months is 29.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.53, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.68 in one year’s time.
Technical Analysis of Kimco Realty Corporation (KIM)
Analysing the last 5-days average volume posted by the [Kimco Realty Corporation, KIM], we can find that recorded value of 5.01 million was better than the volume posted last year of 4.63 million. As of the previous 9 days, the stock’s Stochastic %D was 87.27%. Additionally, its Average True Range was 0.44.
During the past 100 days, Kimco Realty Corporation’s (KIM) raw stochastic average was set at 90.62%, which indicates a significant increase from 71.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.24% in the past 14 days, which was lower than the 20.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.19, while its 200-day Moving Average is $20.48. Now, the first resistance to watch is $24.44. This is followed by the second major resistance level at $24.81. The third major resistance level sits at $25.03. If the price goes on to break the first support level at $23.85, it is likely to go to the next support level at $23.63. Should the price break the second support level, the third support level stands at $23.26.
Kimco Realty Corporation (NYSE: KIM) Key Stats
There are 674,116K outstanding shares of the company, which has a market capitalization of 16.22 billion. As of now, sales total 1,783 M while income totals 654,270 K. Its latest quarter income was 500,230 K while its last quarter net income were 119,740 K.
