The stock of Kimco Realty Corporation (NYSE:KIM) last traded at $20.68, up 0.15% from the previous session.
KIM stock price is now -0.09% away from the 50-day moving average and -8.25% away from the 200-day moving average. The market capitalization of the company currently stands at $13.99B.
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 $4.21 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 2.15% 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.
The net profit margin was 24.65% and return on equity was 5.19% for KIM. The company reported revenue of $536.62 million for the quarter, compared to $503.75 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.53 percent. For the current quarter, analysts expect KIM to generate $525.57M in revenue.
