On Monday, Kimco Realty Corporation (NYSE: KIM) opened higher 0.84% from the last session, before settling in for the closing price of $24.89. Price fluctuations for KIM have ranged from $17.57 to $25.19 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 10.08% over the past five years. Company’s average yearly earnings per share was noted -47.37% at the time writing. With a float of $659.70 million, this company’s outstanding shares have now reached $674.08 million.
Let’s look at the performance matrix of the company that is accounted for 660 employees. In terms of profitability, gross margin is 39.68%, operating margin of 32.47%, and the pretax margin is 19.13%.
Kimco Realty Corporation (KIM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the REIT – Retail industry is another important factor to consider. The insider ownership of Kimco Realty Corporation is 2.13%, while institutional ownership is 95.88%. 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) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.17 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.17) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -47.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.60% 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
Check out the current performance indicators for Kimco Realty Corporation (KIM). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.59. Likewise, its price to free cash flow for the trailing twelve months is 35.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.54, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.72 in one year’s time.
Technical Analysis of Kimco Realty Corporation (KIM)
Kimco Realty Corporation (NYSE: KIM) saw its 5-day average volume 3.82 million, a negative change from its year-to-date volume of 4.57 million. As of the previous 9 days, the stock’s Stochastic %D was 75.49%. Additionally, its Average True Range was 0.45.
During the past 100 days, Kimco Realty Corporation’s (KIM) raw stochastic average was set at 98.55%, which indicates a significant increase from 94.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.98% in the past 14 days, which was lower than the 19.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.81, while its 200-day Moving Average is $20.87. Nevertheless, the first resistance level for the watch stands at $25.26 in the near term. At $25.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.71. If the price goes on to break the first support level at $24.81, it is likely to go to the next support level at $24.51. The third support level lies at $24.36 if the price breaches the second support level.
Kimco Realty Corporation (NYSE: KIM) Key Stats
There are currently 674,081K shares outstanding in the company with a market cap of 17.04 billion. Presently, the company’s annual sales total 1,783 M according to its annual income of 654,270 K. Last quarter, the company’s sales amounted to 507,630 K and its income totaled 135,980 K.
