A look at Kimco Realty Corporation’s (KIM) recent performance gives investors their first glimpse of hope.

A new trading day began on Friday, with Kimco Realty Corporation (NYSE: KIM) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $22.29. KIM’s price has ranged from $17.57 to $25.83 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 12.73%. Meanwhile, its annual earnings per share averaged -47.24%. With a float of $659.70 million, this company’s outstanding shares have now reached $674.08 million.

Considering the fact that the conglomerate employs 660 people, you should pay attention to its efficiency factor. 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

As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Retail Industry. The insider ownership of Kimco Realty Corporation is 2.13%, while institutional ownership is 95.59%. 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 0.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -47.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.54% 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

Here are Kimco Realty Corporation’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.58. Likewise, its price to free cash flow for the trailing twelve months is 31.40.

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 0.73 in one year’s time.

Technical Analysis of Kimco Realty Corporation (KIM)

Compared to the last year’s volume of 4.33 million, its volume of 4.29 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.51%. Additionally, its Average True Range was 0.45.

During the past 100 days, Kimco Realty Corporation’s (KIM) raw stochastic average was set at 18.71%, which indicates a significant decrease from 36.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.56% in the past 14 days, which was higher than the 18.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.09, while its 200-day Moving Average is $21.75. Nevertheless, the first resistance level for the watch stands at $22.43 in the near term. At $22.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.66. If the price goes on to break the first support level at $22.20, it is likely to go to the next support level at $22.12. Should the price break the second support level, the third support level stands at $21.97.

Kimco Realty Corporation (NYSE: KIM) Key Stats

With a market capitalization of 15.03 billion, the company has a total of 674,081K Shares Outstanding. Currently, annual sales are 1,783 M while annual income is 654,270 K. The company’s previous quarter sales were 507,630 K while its latest quarter income was 135,980 K.