In Wednesday’s Wall Street session, Kimco Realty Corporation (NYSE:KIM) shares traded at $19.98, down -0.50% from the previous session.
KIM stock price is now -3.96% away from the 50-day moving average and -11.40% away from the 200-day moving average. The market capitalization of the company currently stands at $13.58B.
With the price target reduced from $28 to $25, Jefferies Downgraded its rating from Buy to Hold for Kimco Realty Corporation (NYSE: KIM). On December 20, 2024, JP Morgan Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock keeping its target price maintained at $26, while ‘Mizuho’ rates the stock as ‘Neutral’
In other news, LOURENSO FRANK, Director sold 8,714 shares of the company’s stock on Feb 14 ’25. The stock was sold for $194,323 at an average price of $22.30. Upon completion of the transaction, the Director now directly owns 203,810 shares in the company, valued at $4.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Director Frank Lourenso bought 8,714 shares of the business’s stock. A total of $194,323 was incurred on buying the stock at an average price of $22.30. A total of 2.24% of the company’s stock is owned by insiders.
During the past 12 months, Kimco Realty Corporation has had a low of $17.78 and a high of $25.75. According to the stock market information, the enterprise value for the company is $21682124800, which is based on a 36.21 price-to-earnings ratio, a 2.45 price-to-earnings-growth ratio, and a beta of 1.28. The fifty day moving average price for KIM is $20.8028 and a two-hundred day moving average price translates $22.60065 for the stock.
The latest earnings results from Kimco Realty Corporation (NYSE: KIM) was released for 2024-12-31. The net profit margin was 18.04% and return on equity was 4.03% for KIM. The company reported revenue of $525.4 million for the quarter, compared to $451.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.34 percent.
