Kimco Realty Corporation (KIM) kicked off at the price of $22.39: Venture capitalists have an exciting new opportunity

Kimco Realty Corporation (NYSE: KIM) kicked off on Friday, down -0.09% from the previous trading day, before settling in for the closing price of $22.41. Over the past 52 weeks, KIM has traded in a range of $17.39-$25.75.

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Real Estate Sector giant saw their annual sales surged by 12.73% over the last five years. While this was happening, its average annual earnings per share was recorded -56.45%. With a float of $659.60 million, this company’s outstanding shares have now reached $679.49 million.

The firm has a total of 660 workers. Let’s measure their productivity. In terms of profitability, gross margin is 39.64%, operating margin of 32.34%, and the pretax margin is 13.43%.

Kimco Realty Corporation (KIM) Breakdown of a Key Holders of the stock

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 95.80%. 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) Recent Fiscal highlights

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 -56.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -21.63% during the next five years compared to -7.22% 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 7.36. Likewise, its price to free cash flow for the trailing twelve months is 31.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.55, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.76 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 4.69 million was better than the volume posted last year of 4.62 million. As of the previous 9 days, the stock’s Stochastic %D was 30.77%. Additionally, its Average True Range was 0.52.

During the past 100 days, Kimco Realty Corporation’s (KIM) raw stochastic average was set at 21.01%, which indicates a significant decrease from 30.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.12% in the past 14 days, which was higher than the 19.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $23.43, while its 200-day Moving Average is $22.05. Now, the first resistance to watch is $22.94. This is followed by the second major resistance level at $23.49. The third major resistance level sits at $23.95. If the price goes on to break the first support level at $21.93, it is likely to go to the next support level at $21.47. Now, if the price goes above the second support level, the third support stands at $20.92.

Kimco Realty Corporation (NYSE: KIM) Key Stats

The company with the Market Capitalisation of 15.09 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.