Taking the lead: Kimco Realty Corporation (KIM)

With 2.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.16 million shares. During the session, the REIT – Retail company that operates in wider Real Estate sector, reached to the highest price of $23.203 whereas the lowest price it dropped to was $22.965. The 52-week range on KIM shows that it touched its highest point at $23.53 and its lowest point at $16.27 during that stretch. It currently has a 1-year price target of $23.47. With its current market cap of 15.51 billion, KIM has annualized dividend of $0.95 while the current yield stands at 4.13%. Beta for the stock currently stands at 1.49.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KIM was up-trending over the past week, with a rise of 0.83%, but this was up by 5.89% over a month. Three-month performance surged to 22.07% while six-month performance rose 16.45%. The stock gained 22.61% in the past year, while it has gained 7.98% so far this year. A look at the trailing 12-month EPS for KIM yields 0.53 with Next year EPS estimates of 0.69. For the next quarter, that number is 0.17. This implies an EPS growth rate of -50.37% for this year and 36.01% for next year. EPS is expected to decline by -11.06% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.05%.

Float and Shares Shorts:

At present, 674.11 million KIM shares are outstanding with a float of 659.71 million shares on hand for trading. On 2024-08-15, short shares totaled 16.55 million, which was 246.00000999999997 higher than short shares on 1721001600. In addition to Mr. Milton Cooper as the firm’s Co-Founder & Executive Chairman, Mr. Conor C. Flynn serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.94728994 of KIM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, KIM reported revenue of $500231000.0 and operating income of $160836000.0. The EBITDA in the recently reported quarter was $314645000.0 and diluted EPS was $0.17.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KIM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.