Kimco Realty Corporation (KIM) has been under a strong bear grip, hence the stock is down -7.75% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.36% in the past 1 week. The 4-week change in the price of the stock is -7.94% and the stock has fallen -0.3% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.55% and the fifty day Moving Average is 3.86%. Kimco Realty Corporation is up 5.98% in the last three month period. Year-to-Date the stock performance stands at 13.6%.
Kimco Realty Corporation (KIM) : Average target price received by Kimco Realty Corporation (KIM) is $31.79 with an expected standard deviation of $2.23. The most aggressive target on the stock is $34, whereas the most downbeat target is $28. 12 financial analysts are currently covering the stock.
Kimco Realty Corporation (NYSE:KIM): On Fridays trading session , Opening price of the stock was $29.96 with an intraday high of $30.15. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $29.35. However, the stock managed to close at $29.55, a loss of 0.94% for the day. On the previous day, the stock had closed at $29.83. The total traded volume of the day was 3,062,568 shares.
Kimco Realty Corporation (Kimco) is a self-administered real estate investment trust (REIT), which owns and operates neighborhood and community shopping centers. The Company had interests in approximately 754 shopping center properties, aggregating 109.5 million square feet of gross leasable area (GLA), and 533 other property interests, primarily through the Companys preferred equity investments and other real estate investments, totaling approximately 11.7 million square feet of GLA, for a total of 1,287 properties aggregating 121.2 million square feet of GLA, located in 41 states in the United States and also in Puerto Rico, Canada, Mexico and Chile. The Companys investment strategy is to be the owner and operator of neighborhood and community shopping centers through investments primarily in the United States. The Companys tenants include TJX Companies, The Home Depot, Wal-Mart, Kohls and Bed Bath.