|Bid||18.09 x 4000|
|Ask||18.20 x 4000|
|Day's Range||17.93 - 18.15|
|52 Week Range||13.96 - 18.64|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||18.94|
|Forward Dividend & Yield||1.12 (6.44%)|
|1y Target Est||N/A|
CBL Properties (CBL) to add Round1 Bowling & Amusement at its Northwoods Mall and South County Center, making both properties premier entertainment destinations.
Given Monday's steep selloff, Tuesday's bounce wasn't a big surprise. It also was anything but convincing. The S&P 500's gain of 0.8% and close of 2,834.41 was well off the day's high of 2,852.42, leaving the matter of more selling in question.Source: Allan Ajifo via Wikimedia (Modified)General Electric (NYSE:GE) set the tone, and pace, gaining 4.6% mostly thanks to word that it had secured some important power plant business. Beyond Meat (NASDAQ:BYND) once again logged one of the day's best gains though, up 14.6% as investors continue to fall in love with the idea of meatless meat.Although they couldn't drag the broad market into the red, there were some losers, led by Nissan Motor (OTCMKTS:NSANY). Shares of the carmaker fell 7.2% in response to another disappointing quarterly report, underscored by a poor outlook for this year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Retirement Stocks That Won't Wilt in a Bear Market Here, at the midpoint of the week, however, it's the stock charts of Take-Two Interactive Software (NASDAQ:TTWO), CenterPoint Energy (NYSE:CNP) and Kimco Realty (NYSE:KIM) that are of the most interest. Here's what to look for. Take-Two Interactive Software (TTWO)Sometimes, context is everything. It certainly has been for Take-Two Interactive Software shares during just the first two trading days of the week, particularly given that last quarter's less-than-thrilling earnings were posted on Monday.The stock fell, with the market, but didn't fall anywhere near as much as it should have given the bearish environment and the fact that earnings fell. That, followed by yesterday's oversized gains implies traders have been waiting for any reason to buy. Having tipped their hand, the breakout effort may be unstoppable now. Click to Enlarge * Notice that the thrust is shaping, and being shaped by, a diverging wedge pattern plotted in white dashed lines. Any defined framework like this is a bullish clue. * Underscoring Tuesday's gain is the volume surge behind it. * Backing out to the weekly chart we can tell this uptrend has actually been developing for a while. The Chaikin line's cross above zero last month and the MACD cross from March has only widened in the meantime. * A cross above the recently developed ceiling of the diverging wedge could readily accelerate the rally effort from here. Kimco Realty (KIM)Kimco Realty actually trailed the broad market's sizeable rally on Tuesday. But, it also sidestepped the even-bigger meltdown on Monday and has found support at key levels of late while the overall market has been hit hard. More than that, it has found support at familiar floors. While there's still one key hurdle left ahead, the undertow has been resiliently bullish. We'll take the hints.Above all else, KIM stock is back above the key level around $18, plotted in yellow on both stock charts. That line has been support and resistance in recent weeks. * 10 'Buy-and-Hold' Stocks to Own Forever Click to Enlarge * Augmenting the support at $18 is more recent support provided by the purple 50-day moving average line and the blue 20-day moving average. That support is highlighted, as is last month's similar support from the gray 100-day moving average line. * It takes the longer-term view of the weekly chart to fully appreciate how well the new uptrend is forming now that the downtrend of 2017 has been snapped and 2018's stagnation is in the rearview mirror. We've now seen a higher high and higher low. * A break above March's high near $18.80 could wind up being a bullish catalyst with lots of room left to recover. CenterPoint Energy (CNP)CenterPoint Energy is a name that has been off and on the radar for several weeks now. It had slipped off in April, when the break above a key ceiling early this year faded into a period of sideways movement. The past few days have been volatile enough to put it back in focus. But this focus comes with no clarity as to which direction it really wants to go next. The good news is, the recent action has defined where the key lines in the sand are. Click to Enlarge * Friday's reversal was prodded by a new encounter with the white 200-day moving average line, though the horizontal line around $29 -- plotted in blue on both stock charts -- had also been a key support and resistance level before being revisited. * Although the reversal was impressive, it was also halted abruptly at the gray 100-day moving average line on Monday. The stock rolled over on Tuesday, falling against a bigger bullish tide. * Notice that the two bearish days sandwiching Friday's and Monday's gains were both higher volume days, suggesting there are more buyers than sellers. * If the floor around $29 snaps, the next most likely floor is around $27, where shares found support several times in the last few months of last year.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 3 Big Stock Charts for Wednesday: Kimco Realty, Take-Two Interactive and CenterPoint Energy appeared first on InvestorPlace.
Realty Income (O) intends to use net proceeds of the share offering to repay balances under its $3-billion unsecured revolving credit facility and fund potential investment opportunities.
Realty Income (O) intends to reduce borrowings with the net proceeds from public offering of 11 million shares of its common stock priced at $69.25 per share.
Kimco Realty Corp NYSE:KIMView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderate for KIM with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.68 billion over the last one-month into ETFs that hold KIM are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. KIM credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Kimco Realty (KIM) delivered FFO and revenue surprises of 2.78% and 4.03%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The real estate investment trust, based in New Hyde Park, New York, said it had funds from operations of $157.4 million, or 37 cents per share, in the period. The average estimate of nine analysts surveyed ...
Simon Property's (SPG) Q1 performance reflects increased occupancy and leasing spread per square foot at the company's U.S. malls and Premium Outlets.
"October lived up to its scary reputation—the S&P 500 falling in the month by the largest amount in the last 40 years, the only worse Octobers being '08 and the Crash of '87\. For perspective, there have been only 5 occasions in those 40 years when the S&P 500 declined by greater than 20% from […]
Kimco Realty Corporation is a US$7.7b mid-cap, real estate investment trust (REIT) based in New Hyde Park, United States. REITs own and operate income-generating property and adhere to a different set of regulations. Th...
In sync with its disposition target for the current year, Kimco Realty (KIM) reports Q1 transaction activities, including disposition of seven properties, for $101.7 million.
Simon Property (SPG) is likely to keep gaining from its portfolio-overhaul efforts, transformative redevelopments and omni-channel strategies, amid shrinking mall traffic and store closures.
Though Taubman Centers' (TCO) cross-sell initiatives and diligent restructuring measures will support its long-term growth, stiff competition from e-commerce platforms continue being growth hurdles.
Amid challenges in the retail real estate market, Federal Realty Investment Trust (FRT) is aiming at long-term value accretion through remerchandising and redevelopment efforts.
To counter mall traffic blues, Simon Property Group (SPG) is extending its tie-ups with retailers and investing billions, aiming at premium buyouts and transformative redevelopments.
Building on Wednesday's intraday bounce out of deep trouble to only modest trouble, the bulls mustered another winning session on Thursday. The S&P 500 gained 0.36% yesterday, not driving a high above Wednesday's peak, but at least keeping the market above its 20-day moving average line.Lululemon Athletica (NASDAQ:LULU) led the way with its 14.1% pop following the release of surprisingly strong fourth-quarter numbers that were underscored by an expansion of its men's lineup. Verint Systems (NASDAQ:VRNT) fared slightly better though, in response a fourth-quarter earnings beat and very encouraging guidance.Nielsen Holdings (NYSE:NLSN) was at the other end of the spectrum, falling 11.2% on reports that Blackstone was no longer bidding on the ratings company that's been "for sale" for some time now.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHeaded into the last trading day of the week, the stock charts of Fidelity National Information Services (NYSE:FIS), Discovery Communications (NASDAQ:DISCA) and Kimco Realty (NYSE:KIM) are worth the closest technical looks. Here's why. Kimco Realty (KIM)Back on Feb. 11, Kimco Realty was featured as a budding breakout candidate. Shares were testing a previous key peak, and that advance was taking shape on above-average volume. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos That hint didn't pan out … at least not initially. Instead, the stock peeled back a bit. The second wind that has materialized this month, however, has gotten KIM past that hurdle. Although it's back to being a little overextended, there's a great deal of room to regain ahead, and good reason to think Kimco shares will do so. Click to Enlarge • The big line in the sand was just below $18, plotted in yellow on both stock charts. It took some time and some work, but shares have pushed through as of last week.• The weekly chart puts matters in perspective. This stock was hammered between 2016 and 2017, but since 2018 has been logging higher highs and higher lows. Yet, most of what was lost has yet to be reclaimed.• The bullish divergence of the moving average lines on the daily chart (highlighted) is compelling, but with shares now 12.6% above the white 200-day moving average line, the divergence may have reached somewhat unhealthy levels. Discovery Communications (DISCA)Early in the year it looked as if Discovery Communications was on the road to recovery. Like most names, it shrugged off the December stumble rather convincingly.That effort petered out in February though, with DISCA stock bumping into a familiar technical ceiling. As of this week we've seen even more bearish clues take shape. One more bad day could push Discovery past the point of no return. Click to Enlarge • As of the past couple of weeks, the purple 50-day moving average line has turned into resistance again.• Also as of this week, the gray 100-day moving average line has broken below the white 200-day moving average line; the 50-day average is already below both levels.• Should Discovery Communications shares break below the technical floor established around $26 since January, the bulls may be unwilling to even try and keep DISCA propped up.• The stock's also on the verge of breaking below a major support line on the weekly chart that's tagged all the major lows since December's bottom. Fidelity National Information Services (FIS)Finally, a week and a half ago Fidelity National Information Services was put under the trading microscope. Shares jumped to new 52-week highs in a big way, but that very same day the bears whittled that gain back down to a loss. The sudden intraday swing suggested a major pivot was taking shape. What wasn't clear was which way that pivot would point once the dust settled.As things have settled down in the meantime, it looks the bulls are taking charge. Though FIS sold off a few more days following that first look, shares have rallied firmly for the past few days, achieving their best close ever on Thursday. Click to Enlarge • The key here is the support found at the gray 100-day moving average line last week. All it took was a kiss of it to inspire the buyers back in.• Those buyers haven't looked back either. As was noted, the bulls carried FIS to a new record close on Thursday, perhaps tipping their hand.• Zooming out to a weekly chart of FIS was can see the setback suffered late last year may serve as a much-needed "reset" that ultimately sets up a prolonged move like the one seen over the better part of 2017 and 2018.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Bond Funds to Buy for a Shift in Interest Rates * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains Compare Brokers The post 3 Big Stock Charts for Friday: Kimco Realty, Discovery and Fidelity National Information Services appeared first on InvestorPlace.
Simon Property Group's (SPG) recent launch of its online retail platform, weaved with the omni-channel strategy, will likely be accretive to the company's long-term growth.
In its latest endeavor to sail through the retail market blues and boost its redevelopment efforts at Woodland Mall, PREIT (PEI) adds The Cheesecake Factory to its fold as a vital dining anchor.
Regency Centers Corporation (REG) benefits from its premium portfolio of grocery-anchored shopping centers. However, choppiness in the retail real estate market remains a concern.
Kimco Realty's (KIM) high quality portfolio with scope for internal growth and improving credit metrics are viewed as positives by Fitch Ratings.