Kimco Realty (NYSE: KIM) had its price target upped by RBC Capital from $23.00 to $24.00 in a research report sent to investors on Wednesday morning. The firm currently has an outperform rating on the stock.
KIM has been the subject of a number of other recent research reports. Analysts at Bank of America reiterated a neutral rating on shares of Kimco Realty in a research note to investors on Wednesday, February 6th. They now have a $21.00 price target on the stock. Separately, analysts at JPMorgan Chase downgraded shares of Kimco Realty from an overweight rating to a neutral rating in a research note to investors on Wednesday, January 16th. They now have a $21.00 price target on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of Kimco Realty in a research note to investors on Monday, January 14th. They now have a $21.00 price target on the stock.
Six investment analysts have rated the stock with a buy rating, one has assigned an overweight rating, and ten have given a hold rating to the company. The stock has a consensus rating of overweight and an average target price of $21.54.
Kimco Realty opened at 21.54 on Wednesday. Kimco Realty has a 52-week low of $17.16 and a 52-week high of $21.71. The stock’s 50-day moving average is currently $20.36. The company has a market cap of $8.784 billion and a price-to-earnings ratio of 51.04.
The company also recently announced a quarterly dividend, which is scheduled for Monday, April 15th. Shareholders of record on Wednesday, April 3rd will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Monday, April 1st.
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