Kimco Realty Corporation (HC) with ticker code (KIM) have now 19 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 26 and 20 suggesting an average Analsyt target price of $23.43. Given that the stocks previous close was at $18.23 this would imply there is now a potential upside of 28.5%. The 50 day MA is $20.49 while the 200 day moving average is $20.83. The total market capitalization for the company now stands at $11,764m. Visit the company website at: https://www.kimcorealty.com
The potential market cap would be $15,120m 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 4.95% with the ex dividend date set at 8-3-2023 (DMY).
Other points of data to note are a P/E ratio of 116.25, revenue per share of 2.81 and a 1.97% return on assets.
