KIM Stock Summary and Trading Ideas (Kimco Realty (Hc) | NYSE:KIM)

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 523 shopping centers throughout major markets in the US, representing roughly 77 million square feet.

Kimco Realty (Hc) trades on the NYSE stock market under the symbol KIM.

As of May 9, 2024, KIM stock price climbed to $19.00 with 720,815 million shares trading.

KIM has a beta of 1.20, meaning it tends to be more sensitive to market movements. KIM has a correlation of 0.30 to the broad based SPY ETF.

KIM has a market cap of $12.81 billion. This is considered a Large Cap stock.

Last quarter Kimco Realty (Hc) reported $504 million in Revenue and $.39 earnings per share. This beat revenue expectation by $26 million and exceeded earnings estimates by $.01.

In the last 3 years, KIM stock traded as high as $26.57 and as low as $16.34.

The top ETF exchange traded funds that KIM belongs to (by Net Assets): VNQ, VTI, VB, VOO, VBR.

KIM has underperformed the market in the last year with a price return of +8.3% while the SPY ETF gained +27.5%. KIM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.9% and +2.5%, respectively, while the SPY returned +4.6% and +2.8%, respectively.

KIM support price is $18.64 and resistance is $19.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KIM stock will trade within this expected range on the day.