$0.38 EPS Expected for Kimco Realty Corp (KIM)

July 18, 2017 - By Hazel Jackson

 $0.38 EPS Expected for Kimco Realty Corp (KIM)
Investors sentiment is 1.07 in 2016 Q4. Its the same as in 2016Q3. It is flat, as 42 investors sold Kimco Realty Corp shares while 120 reduced holdings. only 48 funds opened positions while 126 raised stakes. 382.87 million shares or 0.42% more from 381.28 million shares in 2016Q3 were reported.
Amer Natl Registered Inv Advisor holds 0.22% or 19,000 shares in its portfolio. The Netherlands-based Delta Lloyd Nv has invested 0.16% in Kimco Realty Corp (NYSE:KIM). Fifth Third State Bank holds 0% in Kimco Realty Corp (NYSE:KIM) or 1,121 shares. Miles stated it has 0.52% of its portfolio in Kimco Realty Corp (NYSE:KIM). State Street, Massachusetts-based fund reported 25.32M shares. Twin Capital Mgmt Inc owns 156,100 shares for 0.25% of their portfolio. Pggm Investments reported 1.35% stake. Alpine Woods Capital Investors Ltd Com invested in 0.07% or 51,500 shares. Moreover, Metropolitan Life Insurance Commerce New York has 0.04% invested in Kimco Realty Corp (NYSE:KIM). Winslow Evans Crocker, a Massachusetts-based fund reported 4,298 shares. Sunbelt Secs has 0% invested in Kimco Realty Corp (NYSE:KIM) for 561 shares. British Columbia – Canada-based Pacad Invest Ltd has invested 0.21% in Kimco Realty Corp (NYSE:KIM). Huntington Bank owns 0% invested in Kimco Realty Corp (NYSE:KIM) for 47 shares. Comerica Financial Bank holds 0.03% or 135,111 shares in its portfolio. Eaton Vance has 0.01% invested in Kimco Realty Corp (NYSE:KIM) for 99,259 shares.

Since February 13, 2017, it had 3 insider purchases, and 1 sale for $453,464 activity. On Monday, February 13 the insider COOPER MILTON bought $120,346. COVIELLO PHILIP E JR also bought $145,812 worth of Kimco Realty Corp (NYSE:KIM) on Monday, May 8. Shares for $160,124 were sold by LOURENSO FRANK.

Investors wait Kimco Realty Corp (NYSE:KIM) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.38 earnings per share, $0.00 or 0.00 % from last year’s $0.38 same quarter earnings. This translates into $163.60 million profit for KIM giving the stock a 12.45 P/E. This is assuming the current $0.38 EPS is accurate. Kimco Realty Corp’s Wall Street analysts see 2.70 % EPS growth, taking into account the $0.37 EPS reproted in the previous quarter, The stock decreased 0.11% or $0.02 during the last trading session, reaching $18.93. About 3.68M shares traded. Kimco Realty Corp (NYSE:KIM) has declined 31.73% since July 18, 2016 and is downtrending. It has underperformed by 48.43% the S&P500.

Kimco Realty Corp (NYSE:KIM) Ratings Coverage

Among 12 analysts covering Kimco Realty (NYSE:KIM), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. Kimco Realty had 27 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, December 15 report. The rating was maintained by Canaccord Genuity on Friday, April 28 with “Buy”. The firm has “Buy” rating given on Wednesday, December 16 by Argus Research. Goldman Sachs downgraded Kimco Realty Corp (NYSE:KIM) on Tuesday, November 29 to “Sell” rating. The stock has “Buy” rating by Zacks on Monday, August 24. The firm has “Outperform” rating given on Monday, March 13 by Robert W. Baird. The stock of Kimco Realty Corp (NYSE:KIM) has “Buy” rating given on Thursday, August 25 by BTIG Research. The stock has “Overweight” rating by JP Morgan on Thursday, August 11. RBC Capital Markets maintained Kimco Realty Corp (NYSE:KIM) on Monday, June 19 with “Buy” rating. The rating was initiated by Canaccord Genuity with “Buy” on Wednesday, July 22.

Kimco Realty Corporation is a self-administered real estate investment trust. The company has market cap of $8.15 billion. The Firm 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. It has a 38.97 P/E ratio. As of June 30, 2017, the Company had interests in 510 shopping center properties, including 84 million square feet of gross leasable area , located in 32 states, Puerto Rico and Canada.

More important recent Kimco Realty Corp (NYSE:KIM) news were published by: Businesswire.com which released: “Kimco Realty Acquires Jantzen Beach Center, a Rare Opportunity in a High …” on July 10, 2017, also Seekingalpha.com published article titled: “Kimco Or Brixmor: Grocery-Anchored Cage Match”, Businesswire.com published: “Kimco Realty Signs Target at Westmont Plaza” on July 12, 2017. More interesting news about Kimco Realty Corp (NYSE:KIM) was released by: Nasdaq.com and their article: “Kimco Realty Corporation (KIM) Ex-Dividend Date Scheduled for July 03, 2017” with publication date: June 30, 2017.

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