Kimco Realty Corporation (NYSE:KIM) has a beta of 1.52, a 12-month trailing P/E ratio of 8.98, and a growth ratio of 1.95. The stock’s Relative Strength Index (RSI) is 59.84, with weekly volatility at 2.59% and ATR at 0.56. The KIM stock’s 52-week price range has touched low of $8.35 and a $21.86 high. Its shares traded higher over the last trading session, gaining 1.77% on 05/14/21. The shares fell to a low of $20.93 before closing at $21.23. Intraday shares traded counted 3.17 million, which was 39.04% higher than its 30-day average trading volume of 5.20M. KIM’s previous close was $20.86 while the outstanding shares total 430.52M.
Investors have identified the REIT – Retail company Kimco Realty Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $9.04 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 1.34 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on KIM sounds very interesting.
Is the stock of KIM attractive?
In related news, , KIMCO REALTY CORP sold 4,675,726 shares of the company’s stock in a transaction that recorded on Jun 30. The sale was performed at an average price of 15.27, for a total value of 71,405,817. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.80%.
9 out of 21 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Kimco Realty Corporation. 0 analysts has assigned a Sell rating on the KIM stock. The 12-month mean consensus price target for the company’s shares has been set at $20.82.