Kimco Realty Corporation (NYSE: KIM) on Monday, soared 1.40% from the previous trading day, before settling in for the closing price of $23.55. Within the past 52 weeks, KIM’s price has moved between $16.42 and $24.67.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Real Estate Sector giant was 10.08%. The company achieved an average annual earnings per share of -50.21%. With a float of $659.71 million, this company’s outstanding shares have now reached $674.11 million.
Let’s determine the extent of company efficiency that accounts for 660 employees. 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
Observing investor behavior towards REIT – Retail industry stocks is more important than anything else. The insider ownership of Kimco Realty Corporation is 2.14%, while institutional ownership is 94.63%. 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
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.19 earnings per share (EPS) for the period topping the consensus outlook (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
Kimco Realty Corporation (KIM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.40. Likewise, its price to free cash flow for the trailing twelve months is 29.35.
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)
Looking closely at Kimco Realty Corporation (NYSE: KIM), its last 5-days average volume was 2.74 million, which is a drop from its year-to-date volume of 4.59 million. As of the previous 9 days, the stock’s Stochastic %D was 29.34%. Additionally, its Average True Range was 0.42.
During the past 100 days, Kimco Realty Corporation’s (KIM) raw stochastic average was set at 87.85%, which indicates a significant increase from 59.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.09% in the past 14 days, which was higher than the 19.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.37, while its 200-day Moving Average is $20.55. However, in the short run, Kimco Realty Corporation’s stock first resistance to watch stands at $24.05. Second resistance stands at $24.21. The third major resistance level sits at $24.39. If the price goes on to break the first support level at $23.71, it is likely to go to the next support level at $23.53. Should the price break the second support level, the third support level stands at $23.37.
Kimco Realty Corporation (NYSE: KIM) Key Stats
Market capitalization of the company is 16.10 billion based on 674,116K outstanding shares. Right now, sales total 1,783 M and income totals 654,270 K. The company made 500,230 K in profit during its latest quarter, and 119,740 K in sales during its previous quarter.
