Kimco Realty Corporation (NYSE: KIM) kicked off on Friday, up 0.36% from the previous trading day, before settling in for the closing price of $25.10. Over the past 52 weeks, KIM has traded in a range of $17.57-$25.83.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 10.08%. While this was happening, its average annual earnings per share was recorded -46.72%. With a float of $659.70 million, this company’s outstanding shares have now reached $674.08 million.
Let’s determine the extent of company efficiency that accounts for 660 employees. In terms of profitability, gross margin is 39.82%, operating margin of 32.39%, and the pretax margin is 19.09%.
Kimco Realty Corporation (KIM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the REIT – Retail Industry. The insider ownership of Kimco Realty Corporation is 2.13%, while institutional ownership is 95.39%. 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
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 -46.72% 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
Take a look at Kimco Realty Corporation’s (KIM) current performance indicators. 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 35.62.
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 0.74 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 2.97 million, which is a drop from its year-to-date volume of 4.53 million. As of the previous 9 days, the stock’s Stochastic %D was 27.45%. Additionally, its Average True Range was 0.35.
During the past 100 days, Kimco Realty Corporation’s (KIM) raw stochastic average was set at 87.55%, which indicates a significant increase from 44.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.25% in the past 14 days, which was lower than the 18.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.28, while its 200-day Moving Average is $21.22. However, in the short run, Kimco Realty Corporation’s stock first resistance to watch stands at $25.27. Second resistance stands at $25.36. The third major resistance level sits at $25.45. If the price goes on to break the first support level at $25.09, it is likely to go to the next support level at $25.00. Should the price break the second support level, the third support level stands at $24.91.
Kimco Realty Corporation (NYSE: KIM) Key Stats
The company with the Market Capitalisation of 17.04 billion has total of 674,081K Shares Outstanding. Its annual sales at the moment are 1,783 M in contrast with the sum of 654,270 K annual income. Company’s last quarter sales were recorded 507,630 K and last quarter income was 135,980 K.