Kimco Realty Corporation (HC) which can be found using ticker (KIM) now have 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 26 and 20 with the average target price sitting at $23.38. Given that the stocks previous close was at $19.29 this indicates there is a potential upside of 21.2%. The 50 day MA is $20.02 and the 200 day MA is $20.82. The market cap for the company is $11,759m. You can visit the company’s website by visiting: https://www.kimcorealty.com
The potential market cap would be $14,253m based on the market consensus.
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.
The company has a dividend yield of 4.85% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 118.56, revenue per share of 2.81 and a 1.97% return on assets.
