Kimco Realty Corporation (NYSE:KIM) shares, rose in value on Wednesday, January 22, with the stock price down by -1.24% to the previous day’s close as strong demand from buyers drove the stock to $22.22.
Actively observing the price movement in the last trading, the stock closed the session at $22.50, falling within a range of $22.05 and $22.44. The value of beta (5-year monthly) was 1.485 whereas the PE ratio was 41.33 over 12-month period. Referring to stock’s 52-week performance, its high was $25.83, and the low was $17.57. On the whole, KIM has fluctuated by -4.55% over the past month.
With the market capitalization of Kimco Realty Corporation currently standing at about $14.98 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.97, with its dividend yield at 4.37%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KIM’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 9.11, with the price of KIM currently trading nearly -2.04% and -7.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.90, while the 7-day volatility ratio is showing 1.77% which for the 30-day chart, stands at 1.91%. Furthermore, Kimco Realty Corporation (KIM)’s beta value is 1.49, and its average true range (ATR) is 0.44.
A comparison of Kimco Realty Corporation (KIM) with its peers suggests the former has fared considerably weaker in the market. KIM showed an intraday change of -1.24% in last session, and over the past year, it grew by 10.22%%.
Data on historical trading for Kimco Realty Corporation (NYSE:KIM) indicates that the trading volumes over the past 10 days have averaged 4.45 and over the past 3 months, they’ve averaged 4.00 million. According to company’s latest data on outstanding shares, there are 674.08 million shares outstanding.
Nearly 2.13% of Kimco Realty Corporation’s shares belong to company insiders and institutional investors own 95.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 15.67 million shares as on 2024-12-31, resulting in a short ratio of 4.31. According to the data, the short interest in Kimco Realty Corporation (KIM) stood at 320.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 14.56 million. The stock has fallen by -5.16% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KIM stock heading into the next quarter.
