What Analysts Have to Say About Kimco Realty Corp (NYSE:KIM)?
- Author: Eleanor Harrison May 18, 2017,
May 18, 2017, 16:37
Tiaa Cref Investment Mngmt Limited Liability Corporation invested 0.02% of its portfolio in Duke Realty Corp (NYSE:DRE). The Stock has P/B of 1.47. For the most recent quarter, quick ratio was 0, current ratio was 0, LT Debt/Equity ratio was 0.98 and Total Debt/Equity ratio was 0.98. Hedge funds and other institutional investors own 92.17% of the company's stock. Following the transaction, the director now owns 4,949 shares in the company, valued at approximately $126,298.48.
The number of shares now held by investors is 425.66 Million. Russell Investments Group Ltd. acquired a new position in shares of Duke Realty Corp during the fourth quarter worth $15,472,000.
Previously Kimco Realty Corp (NYSE:KIM) reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01.
Kimco Realty Corporation (KIM) closed its previous trading session at $18.94 with the gain of 0.11%. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods.
Duke Realty Corp (NYSE:DRE) last issued its earnings results on Wednesday, April 26th.
Stock of Kimco Realty Corporation (NYSE:KIM) now have an ABR of 2.07.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, KIM earned gross profit of 735.28 Million, in 2015 862.29 Million gross profit, while in 2016 Kimco Realty Corporation (KIM) produced 872.27 Million profit.
Debt to Equity ratio stands at 0.98 while Long Term Debt To Equity Ratio flashes the value of 0.98. The company's monthly performance stands at -1.30%. The company is estimating to achieve earnings per share (EPS) growth of 12.00% in this year and the earnings per share (EPS) growth expected to be 5.78% in the next year.
Kimco Realty Corporation (KIM) has been given an average price target of $25.42 from analysts, according to data collected by Finviz.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.67%. Wright Ser reported 0.34% in Duke Realty Corp (NYSE:DRE). If you are accessing this article on another site, it was stolen and republished in violation of U.S. and global trademark & copyright laws. The original version of this article can be accessed at https://www.com-unik.info/2017/05/15/citigroup-inc-trims-kimco-realty-corp-kim-target-price-to-21-00.html.
KIM has been the topic of several other research reports. Canaccord Genuity reaffirmed a buy rating and issued a $34.00 target price on shares of Kimco Realty Corp in a report on Thursday, April 27th.
Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock.
Kimco Realty Corporation (KIM) has a market capitalization of 7.85 Billion while its Major Index membership is at S&P 500. The 52-week range of the share price is from $9.83 - $12.06. They now have a neutral rating on the real estate investment trust's stock. Zacks Investment Research cut shares of Duke Realty Corp from a hold rating to a sell rating in a report on Thursday, May 4th.
5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Kimco Realty Corporation (KIM) stands at 7.53 while the industry's and the sector's growth for next 5 years ticked at 8.13 and 14.53 respectively. They now have a Dollars 25 price target on the stock. Moreover the Company's Year To Date performance was -38.57%. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Virginia Retirement Systems ET AL increased its position in Kimco Realty Corp by 10.4% in the third quarter. The overall volume in the last trading session was 3.13 million shares, versus the average volume of 4.08 million shares. The disclosure for this purchase can be found here. For trailing twelve months, EPS value for the stock is $2.58. Sit Investment Associates Inc. now owns 464,450 shares of the real estate investment trust's stock valued at $12,693,000 after buying an additional 11,825 shares during the period.