Taking a Look at the Data Behind Kimco Realty Corporation (KIM)

Kimco Realty Corporation (KIM) is an interesting player in the Financial space, with a focus on REIT – Retail. The stock has been active on the tape, currently trading at $16.73, up from yesterday’s close by 1.39%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Kimco Realty Corporation (KIM) currently trades with a market capitalization of $7.03 Billion. That value represents a market adjusting for revenues that have been growing by 3.57 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $261.52 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.18 on a per share basis this quarter. Perhaps, that suggests something about why 4.92% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Kimco Realty Corporation recorded a 52-week high of $21.24. It is now trading 4.51% off that level. The stock is trading $14.64 its 50-day moving average by -2.09%. The stock carved out a 52-week low down at $13.16.

In recent action, Kimco Realty Corporation (KIM) has made a move of +17.16% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 4.65% with $413.15 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of KIM.

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