Somewhat Positive Media Coverage Somewhat Unlikely to Impact Kimco Realty Corporation (KIM) Stock Price

News coverage about Kimco Realty Corporation (NYSE:KIM) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kimco Realty Corporation earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 46.4121849899929 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media headlines that may have impacted Accern’s analysis:

KIM has been the topic of a number of recent analyst reports. BMO Capital Markets initiated coverage on shares of Kimco Realty Corporation in a report on Monday, September 11th. They issued a “market perform” rating and a $21.00 price target on the stock. Mizuho reaffirmed a “hold” rating and issued a $19.00 target price on shares of Kimco Realty Corporation in a research report on Monday, October 9th. Citigroup Inc. raised their target price on shares of Kimco Realty Corporation from $19.50 to $21.00 and gave the stock a “neutral” rating in a research report on Monday, August 14th. Boenning Scattergood reissued a “hold” rating on shares of Kimco Realty Corporation in a research report on Friday, October 27th. Finally, J P Morgan Chase & Co raised shares of Kimco Realty Corporation from a “neutral” rating to an “overweight” rating and set a $24.00 price target for the company in a research report on Tuesday, September 26th. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $24.25.

Shares of Kimco Realty Corporation (NYSE KIM) traded up $0.20 during trading hours on Friday, reaching $19.30. 2,539,900 shares of the company’s stock traded hands, compared to its average volume of 4,398,866. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.08 and a quick ratio of 0.08. Kimco Realty Corporation has a twelve month low of $17.02 and a twelve month high of $26.63. The stock has a market capitalization of $8,129.98, a P/E ratio of 12.65, a P/E/G ratio of 2.22 and a beta of 0.65.

Kimco Realty Corporation (NYSE:KIM) last issued its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.13). Kimco Realty Corporation had a net margin of 35.51% and a return on equity of 7.73%. The firm had revenue of $290.92 million for the quarter, compared to analysts’ expectations of $295.34 million. During the same period in the prior year, the firm earned $0.38 EPS. Kimco Realty Corporation’s revenue for the quarter was up 4.2% compared to the same quarter last year. research analysts expect that Kimco Realty Corporation will post 1.55 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 5.80%. The ex-dividend date of this dividend is Friday, December 29th. This is an increase from Kimco Realty Corporation’s previous quarterly dividend of $0.27. Kimco Realty Corporation’s payout ratio is 125.58%.

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Kimco Realty Corporation Company Profile

Kimco Realty Corporation is a self-administered real estate investment trust. The Company is engaged in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. As of June 30, 2017, the Company had interests in 510 shopping center properties, including 84 million square feet of gross leasable area (GLA), located in 32 states, Puerto Rico and Canada.

Insider Buying and Selling by Quarter for Kimco Realty Corporation (NYSE:KIM)

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