NEW YORK (

TheStreet

) --

Kimco Realty Corporation

(NYSE:

KIM

) hit a new 52-week high Friday as it is currently trading at $19.56, above its previous 52-week high of $19.53 with 1.3 million shares traded as of 11:46 a.m. ET. Average volume has been 3.6 million shares over the past 30 days.

Kimco has a market cap of $7.7 billion and is part of the

financial

sector and

real estate

industry. Shares are up 7.8% year to date as of the close of trading on Thursday.

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Kimco Realty Corporation is a publicly owned real estate investment trust. The firm engages in acquisitions, development, and management of neighborhood and community shopping centers. The company has a P/E ratio of 99.9, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.

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TheStreet Ratings rates Kimco as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full

Kimco Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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