Drilling Down into the numbers for Kimco Realty Corporation (NYSE:KIM)

Drilling Down into the numbers for Kimco Realty Corporation (NYSE:KIM)

They now have a neutral rating on the real estate investment trust's stock. The company's current price-earnings ratio amounts to 38.95 times earnings, above the average P/E ratio of 28.48 times earnings. Robert W. Baird raised Kimco Realty Corp from a "neutral" rating to an "outperform" rating and lowered their price target for the stock from $29.00 to $25.00 in a research report on Monday, March 13th. Argus raised its rating on Kimco Realty Corporation to Buy on 25/11/2016 in a reversal from its prior Hold rating.

Kimco Realty Corp (NYSE:KIM) last released its earnings results on Wednesday, April 26th. According to the most recently released broker notes, 5 analysts have a rating of "strong buy" on the stock, 5 analysts "buy", 10 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell". Price Target plays a critical role when it comes to the analysis of a Stock.

Kimco Realty Corporation (KIM) closed its previous trading session at $18.94 with the gain of 0.11%. KIM reported a change of -5.12% over the last week and performed -15.35% over the last month while its year to date (YTD) performance revealed an activity trend of -23.87%. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 29.94 and a beta of 0.73.

Analyst mean recommendation rating on a stock by the analyst community is at 2.30.

EPS in next five year years is expected to touch 5.91% while EPS growth in past 5 year was 28.20% along with sales growth of 7.50% in the last five years. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.37.

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Kimco Realty Corporation (KIM)'s RSI (Relative Strength Index) is 23.01. The company had revenue of $293.60 million during the quarter, compared to analysts' expectations of $291.46 million.

Last time, the company shocked Wall Street by reporting EPS of $0.37, smashing the consensus of $0.37 per share. Kimco Realty Corp's revenue for the quarter was down 1.2% on a year-over-year basis. Equities analysts predict that Kimco Realty Corp will post $0.59 EPS for the current year.

Analysts on average have given a price target of $25.42 to Kimco Realty Corporation (KIM) stock. If you are accessing this report on another domain, it was illegally copied and republished in violation of USA and global copyright law. The correct version of this story can be accessed at https://www.themarketsdaily.com/2017/05/16/virginia-retirement-systems-et-al-has-6-305-million-stake-in-kimco-realty-corp-kim.html.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Stockholders of record on Thursday, July 6th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, July 3rd. Analyst rating score as published on FINVIZ are rated on a 1 to 5 scale. Zacks Investment Research upgraded shares of Kimco Realty Corp from a "sell" rating to a "hold" rating in a report on Tuesday, May 9th. The stock was bought at an average cost of $24.07 per share, for a total transaction of $120,350.00. Following the acquisition, the chairman now owns 9,431,952 shares in the company, valued at approximately $227,027,084.64. The purchase was disclosed in a filing with the SEC, which is available at this link.

Other hedge funds and other institutional investors have also modified their holdings of the company. The disclosure for this sale can be found here. Chevy Chase Trust Holdings Inc. owned about 0.09% of Kimco Realty Corp worth $8,121,000 at the end of the most recent quarter. Finally, TD Asset Management Inc. boosted its position in shares of Kimco Realty Corp by 1.3% in the first quarter. Commonwealth Equity Services Inc now owns 50,592 shares of the real estate investment trust's stock valued at $1,465,000 after buying an additional 1,793 shares during the period. Global X Management Co. Finally, GSB Wealth Management LLC purchased a new stake in shares of Kimco Realty Corp during the fourth quarter worth $235,000. Kimco Realty Corporation's stock price now sits at $18.50. New Jersey-based Honeywell has invested 0.11% in Kimco Realty Corp (NYSE:KIM). LMR Partners LLP purchased a new position in shares of Kimco Realty Corp during the third quarter valued at approximately $760,000. Ameriprise Financial Inc. now owns 560,739 shares of the real estate investment trust's stock valued at $12,387,000 after buying an additional 18,919 shares during the last quarter. The Return on Invested Capital is a ratio that determines whether a company is profitable or not.

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