Kimco Realty (KIM) Earns Daily News Sentiment Score of 0.13
Media headlines about Kimco Realty (NYSE:KIM) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kimco Realty earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.7366473735743 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Kimco Realty Corporation: Kimco Realty Invites You to Join Its Fourth Quarter Earnings Conference Call (twst.com)
- Kimco Realty (KIM) Now Covered by Stifel Nicolaus (americanbankingnews.com)
- Top-notch Stocks to Watch: MannKind Corporation (MNKD), Kimco Realty Corporation (KIM) – Market Movers (financialqz.com)
- Peaceable Street Capital Announces Allocation from an Insurance Company with Approximately $23 Billion in Assets (enhancedonlinenews.com)
Kimco Realty (KIM) traded up $0.59 during trading on Monday, reaching $19.09. 7,433,730 shares of the company’s stock traded hands, compared to its average volume of 4,424,814. The firm has a market cap of $7,874.59, a PE ratio of 12.25, a price-to-earnings-growth ratio of 2.15 and a beta of 0.65. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.08 and a current ratio of 0.08. Kimco Realty has a 52-week low of $17.02 and a 52-week high of $26.63.
Kimco Realty (NYSE:KIM) last released its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.13). The company had revenue of $290.92 million for the quarter, compared to analyst estimates of $295.34 million. Kimco Realty had a net margin of 35.51% and a return on equity of 7.73%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.38 EPS. equities research analysts anticipate that Kimco Realty will post 1.55 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd will be paid a dividend of $0.28 per share. This is a boost from Kimco Realty’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, December 29th. This represents a $1.12 annualized dividend and a yield of 5.87%. Kimco Realty’s dividend payout ratio (DPR) is presently 125.58%.
Several analysts recently weighed in on the stock. BidaskClub downgraded shares of Kimco Realty from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Boenning Scattergood reiterated a “hold” rating on shares of Kimco Realty in a research report on Friday, August 18th. Robert W. Baird reiterated a “buy” rating and issued a $23.00 price objective on shares of Kimco Realty in a research report on Friday, November 10th. Stifel Nicolaus assumed coverage on shares of Kimco Realty in a research report on Thursday. They issued a “hold” rating and a $19.50 price objective on the stock. Finally, Argus downgraded shares of Kimco Realty from a “buy” rating to a “hold” rating in a research report on Monday, August 28th. They noted that the move was a valuation call. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company. Kimco Realty has an average rating of “Hold” and a consensus target price of $23.02.
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Kimco Realty 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.
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