The price-to-earnings ratio for Kimco Realty Corporation (NYSE: KIM) is above average at 79.71x, while the 36-month beta value is 1.45.Analysts have differing opinions on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 11 as “hold,” and 1 as “sell.”
The average price point forecasted by analysts for Kimco Realty Corporation (KIM) is $22.49, which is $3.01 above the current market price. The public float for KIM is 605.44M, and currently, short sellers hold a 2.47% ratio of that floaft. The average trading volume of KIM on June 13, 2023 was 4.59M shares.
KIM) stock’s latest price update
Kimco Realty Corporation (NYSE: KIM) has seen a decline in its stock price by -0.15 in relation to its previous close of 19.40. However, the company has experienced a 3.58% gain in its stock price over the last five trading sessions.
KIM’s Market Performance
KIM’s stock has risen by 3.58% in the past week, with a monthly rise of 7.61% and a quarterly rise of 2.16%. The volatility ratio for the week is 2.08% while the volatility levels for the last 30 days are 2.28% for Kimco Realty Corporation The simple moving average for the last 20 days is 4.52% for KIM stock, with a simple moving average of -4.37% for the last 200 days.
Analysts’ Opinion of KIM
Many brokerage firms have already submitted their reports for KIM stocks, with Wells Fargo repeating the rating for KIM by listing it as a “Underweight.” The predicted price for KIM in the upcoming period, according to Wells Fargo is $19 based on the research report published on May 24th of the current year 2023.
KIM Trading at 3.36% from the 50-Day Moving Average
After a stumble in the market that brought KIM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.61% of loss for the given period.
Volatility was left at 2.28%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares surge +6.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.98% upper at present.
During the last 5 trading sessions, KIM rose by +3.58%, which changed the moving average for the period of 200-days by -12.35% in comparison to the 20-day moving average, which settled at $18.59. In addition, Kimco Realty Corporation saw -8.55% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KIM starting from LOURENSO FRANK, who sale 9,630 shares at the price of $20.70 back on Feb 28. After this action, LOURENSO FRANK now owns 212,424 shares of Kimco Realty Corporation, valued at $199,351 using the latest closing price.
KIMCO REALTY CORP, the of Kimco Realty Corporation, sale 11,500,000 shares at $26.18 during a trade that took place back on Oct 14, which means that KIMCO REALTY CORP is holding 28,338,105 shares at $301,070,000 based on the most recent closing price.
Stock Fundamentals for KIM
Current profitability levels for the company are sitting at:
- +33.12 for the present operating margin
- +40.04 for the gross margin
The net margin for Kimco Realty Corporation stands at +7.17. The total capital return value is set at 3.23, while invested capital returns managed to touch 0.73. Equity return is now at value 1.60, with 0.80 for asset returns.
Based on Kimco Realty Corporation (KIM), the company’s capital structure generated 79.90 points at debt to equity in total, while total debt to capital is 44.41. Total debt to assets is 42.65, with long-term debt to equity ratio resting at 79.65. Finally, the long-term debt to capital ratio is 44.28.
When we switch over and look at the enterprise to sales, we see a ratio of 11.15, with the company’s debt to enterprise value settled at 0.37. The receivables turnover for the company is 6.18 and the total asset turnover is 0.10.
Conclusion
In a nutshell, Kimco Realty Corporation (KIM) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.