Kimco Realty Corporation (HC) with ticker code (KIM) now have 18 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 21 and has a mean target at $23.68. Given that the stocks previous close was at $19.20 this would indicate that there is a potential upside of 23.3%. It’s also worth noting that there is a 50 day moving average of $21.14 and the 200 moving average now moves to $21.06. The total market capitalization for the company now stands at $11,549m. Find out more information at: https://www.kimcorealty.com
The potential market cap would be $14,244m 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 116.69, revenue per share of 2.81 and a 1.97% return on assets.
