The Kimco Realty Corp. (KIM) Receives $31.88 Consensus Worth Goal from Brokerages

Kimco Realty Corp. logoShares of Kimco Realty Corp. (NYSE:KIM) have obtained a consensus advice of “Purchase” from the fifteen brokerages which are at the moment protecting the agency. Seven equities badysis badysts have rated the inventory with a maintain score, six have given a purchase score and one has badigned a robust purchase score to the corporate. The typical 12 month value goal amongst badysts which have issued scores on the inventory within the final 12 months is $31.88.

A number of badysis corporations have lately commented on KIM. JPMorgan Chase & Co. upped their value goal on shares of Kimco Realty Corp. from $30.00 to $32.00 and gave the corporate an “chubby” score in a badysis report on Thursday, August 11th. BTIG Analysis started protection on shares of Kimco Realty Corp. in a report on Thursday, August 25th. They issued a “purchase” score and a $34.00 goal value for the corporate. Vetr raised shares of Kimco Realty Corp. from a “purchase” score to a “strong-buy” score and set a $33.15 goal value for the corporate in a report on Monday, September 12th. RBC Capital Markets reissued an “outperform” score and issued a $34.00 goal value (up from $31.00) on shares of Kimco Realty Corp. in a report on Monday, August 1st. Lastly, Canaccord Genuity elevated their goal value on shares of Kimco Realty Corp. from $31.00 to $34.00 and gave the inventory a “purchase” score in a report on Tuesday, August 16th.

Kimco Realty Corp. (NYSE:KIM) opened at 25.08 on Tuesday. The agency’s 50 day transferring common is $28.08 and its 200 day transferring common is $29.35. The inventory has a market capitalization of $10.66 billion, a P/E ratio of 16.82 and a beta of zero.86. Kimco Realty Corp. has a 1-year low of $24.75 and a 1-year excessive of $32.24.

Kimco Realty Corp. (NYSE:KIM) final launched its quarterly earnings outcomes on Friday, October 28th. The true property funding belief reported $zero.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $zero.17 by $zero.01. Kimco Realty Corp. had a internet margin of 57.87% and a return on fairness of 12.62%. The agency earned $285.08 million through the quarter, in comparison with badyst estimates of $288.31 million. Throughout the identical quarter within the prior 12 months, the agency earned $zero.40 EPS. On common, equities badysis badysts anticipate that Kimco Realty Corp. will submit $1.36 earnings per share for the present 12 months.

The corporate additionally lately introduced a quarterly dividend, which will likely be paid on Tuesday, January 17th. Stockholders of document on Tuesday, January third will likely be given a dividend of $zero.27 per share. This is a rise from Kimco Realty Corp.’s earlier quarterly dividend of $zero.26. This represents a $1.08 dividend on an annualized foundation and a dividend yield of four.31%. The ex-dividend date of this dividend is Thursday, December 29th. Kimco Realty Corp.’s dividend payout ratio is at the moment 67.55%.

In different information, Director Philip E. Coviello, Jr. purchased 1,00zero shares of the inventory in a transaction dated Monday, August eighth. The inventory was bought at a mean value of $31.17 per share, for a complete transaction of $31,170.00. The acquisition was disclosed in a submitting with the SEC, which is accessible by this hyperlink. Insiders personal three.20% of the corporate’s inventory.

Hedge funds and different institutional buyers have lately purchased and bought shares of the inventory. Prudential Monetary Inc. elevated its place in Kimco Realty Corp. by 2.7% within the third quarter. Prudential Monetary Inc. now owns 693,811 shares of the true property funding belief’s inventory price $20,zero86,00zero after shopping for an extra 18,245 shares within the final quarter. International X Administration Co. LLC elevated its stake in shares of Kimco Realty Corp. by 70.eight% within the third quarter. International X Administration Co. LLC now owns 6,320 shares of the true property funding belief’s inventory price $183,00zero after shopping for an extra 2,620 shares within the final quarter. UBS Asset Administration Americas Inc. elevated its stake in shares of Kimco Realty Corp. by 2.2% within the third quarter. UBS Asset Administration Americas Inc. now owns 1,793,815 shares of the true property funding belief’s inventory price $51,930,00zero after shopping for an extra 38,435 shares within the final quarter. Daiwa Securities Group Inc. elevated its stake in shares of Kimco Realty Corp. by 41.5% within the third quarter. Daiwa Securities Group Inc. now owns 39,200 shares of the true property funding belief’s inventory price $1,135,00zero after shopping for an extra 11,500 shares within the final quarter. Lastly, M&T Financial institution Corp elevated its stake in shares of Kimco Realty Corp. by zero.7% within the third quarter. M&T Financial institution Corp now owns 144,396 shares of the true property funding belief’s inventory price $four,180,00zero after shopping for an extra 1,055 shares within the final quarter. Hedge funds and different institutional buyers personal 93.94% of the corporate’s inventory.


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