Market Analysts see Kimco Realty Corporation [KIM] gaining to $26. Time to buy?

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Kimco Realty Corporation [NYSE: KIM] price plunged by -1.86 percent to reach at -$0.41. The company report on August 13, 2021 that Kimco Realty Declares Common Stock Cash Dividend for Third Quarter of 2021.

Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and mixed-use assets, announced that its Board of Directors declared a quarterly cash dividend of $0.17 per common share, payable on September 23, 2021 to shareholders of record on September 9, 2021.

About Kimco.

A sum of 4606849 shares traded at recent session while its average daily volume was at 5.41M shares. Kimco Realty Corporation shares reached a high of $21.965 and dropped to a low of $21.53 until finishing in the latest session at $21.63.

The one-year KIM stock forecast points to a potential upside of 6.36. The average equity rating for KIM stock is currently 2.30, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Kimco Realty Corporation [KIM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KIM shares is $23.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KIM stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

CapitalOne have made an estimate for Kimco Realty Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 02, 2021. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on June 04, 2021, representing the official price target for Kimco Realty Corporation stock.

The Average True Range (ATR) for Kimco Realty Corporation is set at 0.64, with the Price to Sales ratio for KIM stock in the period of the last 12 months amounting to 12.02. The Price to Book ratio for the last quarter was 1.63, with the Price to Cash per share for the same quarter was set at 0.38. Price to Free Cash Flow for KIM in the course of the last twelve months was 42.07.

KIM Stock Performance Analysis:

Kimco Realty Corporation [KIM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.55. With this latest performance, KIM shares gained by 2.41% in over the last four-week period, additionally plugging by 22.69% over the last 6 months – not to mention a rise of 80.55% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KIM stock in for the last two-week period is set at 53.37, with the RSI for the last a single of trading hit 52.75, and the three-weeks RSI is set at 53.21 for Kimco Realty Corporation [KIM]. The present Moving Average for the last 50 days of trading for this stock 21.18, while it was recorded at 21.93 for the last single week of trading, and 18.40 for the last 200 days.

Insight into Kimco Realty Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Kimco Realty Corporation [KIM] shares currently have an operating margin of +31.30 and a Gross Margin at +40.27. Kimco Realty Corporation’s Net Margin is presently recorded at +94.40.

Return on Total Capital for KIM is now 3.01, given the latest momentum, and Return on Invested Capital for the company is 9.29. Return on Equity for this stock inclined to 19.07, with Return on Assets sitting at 8.83. When it comes to the capital structure of this company, Kimco Realty Corporation [KIM] has a Total Debt to Total Equity ratio set at 101.34. Additionally, KIM Total Debt to Total Capital is recorded at 50.33, with Total Debt to Total Assets ending up at 48.93. Long-Term Debt to Equity for the company is recorded at 98.76, with the Long-Term Debt to Total Capital now at 49.05.

Reflecting on the efficiency of the workforce at the company, Kimco Realty Corporation [KIM] managed to generate an average of $2,063,409 per employee. Receivables Turnover for the company is 4.83 with a Total Asset Turnover recorded at a value of 0.09.

KIM Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KIM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kimco Realty Corporation go to 4.60%.

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