Large-cap Real Estate company Kimco Realty has logged a -2.6% change today on a trading volume of 676,570. The average volume for the stock is 4,219,250.
Kimco Realty (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. Based in Jericho, United States the company has 717 full time employees and a market cap of $13,986,553,856. Kimco Realty currently offers its equity investors a dividend that yields 2.3% per year.
The company is now trading -14.99% away from its average analyst target price of $24.32 per share. The 21 analysts following the stock have set target prices ranging from $21.0 to $30.0, and on average give Kimco Realty a rating of buy.
Over the last 12 months KIM shares have declined by -3.2%, which represents a difference of -21.8% when compared to the S&P 500. The stock's 52 week high is $25.83 per share and its 52 week low is $17.93. With its net margins declining an average -8.8% over the last 6 years, Kimco Realty declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 2,037,014 | 410,785 | 20 | -45.95 |
| 2023 | 1,783,400 | 654,273 | 37 | 428.57 |
| 2022 | 1,727,684 | 125,976 | 7 | -88.71 |
| 2021 | 1,364,585 | 844,059 | 62 | -34.74 |
| 2020 | 1,057,893 | 1,000,833 | 95 | 171.43 |
| 2019 | 1,158,884 | 410,605 | 35 |
