Kimco Realty Corporation (NYSE:KIM) currently has a daily average trading volume of 4.09M but it saw 6973880 shares traded in last market. With a market cap of 16.50B USD, the company’s current market price of $24.47 came rising about 0.49 while comparing to the previous closing price of $24.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.38 and as low as $16.27. In the recent trading on the day, stock has struck highest price mark of $24.16 while lowest mark touched by it was $24.555.
Taking a look at 20-day trading activity of Kimco Realty Corporation (KIM) gives us an average price of $23.30, while its current price level is 0.37% below from 52-week high level whereas it is 50.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $23.09 while that of 200 days or SMA-200 reads an average of $20.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.89% during that period while stretching the period over a month that decreases to 1.83%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 69.61 which implies that the stock is in neutral territory.
Raymond James upgraded its recommendation for the stock as a “Strong Buy” from “Mkt Perform” on August 16, 2024 while assigning a price target of $25. BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $24 and $20.
Over the week, KIM’s stock price is moving 7.04% up while it is 3.95% when we observe its performance for the past one month. Year-to-date it is 14.83% up and over the past year, the stock is showing an upside performance of 39.49%.
Currently, Kimco Realty Corporation’s total number of outstanding shares is 674.11M. Company’s return on investment (ROI) stands at 1.82% and return on equity (ROE) at 3.60%. It has a price to earnings ratio (P/E ratio) of 46.10 while having a 35.87 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 1.56 while price to sale or P/S ratio amounts to 8.61. Its return on asset (ROA) is 1.94% on average.
