Shares of Kimco Realty Corporation Exceed 52-Week High

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The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Kimco Realty Corporation KIM traded today at a new 52-week high of $22.76. This new high was reached on below-average trading volume as 956,000 shares traded hands, while the average 30-day volume is approximately 4.4 million shares.

Kimco Realty Corporation has overhead space with shares priced $22.72, or 59.6% below the average consensus analyst price target of $56.25.

In the past 52 weeks, shares of Kimco Realty Corporation have traded between a low of $10.04 and a high of $22.76 and are now at $22.72, which is 126% above that low price.

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 399 shopping centers throughout major markets in the U.S., representing roughly 56 million square feet.

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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