Kimco Realty Corporation (KIM)
| Market Cap | 15.05B |
| Revenue (ttm) | 1.96B |
| Net Income (ttm) | 354.14M |
| Shares Out | 675.16M |
| EPS (ttm) | 0.53 |
| PE Ratio | 42.11 |
| Forward PE | 31.64 |
| Dividend | $1.00 (4.49%) |
| Ex-Dividend Date | Dec 5, 2024 |
| Volume | 2,827,676 |
| Open | 22.38 |
| Previous Close | 22.29 |
| Day's Range | 22.26 - 22.48 |
| 52-Week Range | 17.57 - 25.83 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 24.66 (+10.63%) |
| Earnings Date | Feb 7, 2025 |
About KIM
Kimco Realty (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company’s portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on ... [Read more]
Financial Performance
In 2023, Kimco Realty's revenue was $1.78 billion, an increase of 3.22% compared to the previous year's $1.73 billion. Earnings were $628.76 million, an increase of 537.84%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for KIM stock is "Buy." The 12-month stock price forecast is $24.66, which is an increase of 10.63% from the latest price.
News
Buy 6 'Safer' Dividend Dogs Of 23 January Barron's Better Bets Than T-Bills
Seven of the ten lowest-priced BBB Dogs, including Altria, Pfizer, and Verizon, are ready to buy, with dividends from $1K invested exceeding single share prices. Analysts project 16.27% to 32.98% net ...
Kimco Realty® Expands Florida Presence with Acquisition of The Markets at Town Center
– Grocery-Anchored Center in Core Market Acquired through the Company's Structured Investment Program –
Kimco Realty Corporation Announces 2024 Dividend Tax Treatment for RPT Realty Convertible Preferred Investors
JERICHO, N.Y., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping cen...
Dirt Cheap And Up To 6% Yield - 3 Dividend Picks You Can't Miss
I am increasingly focusing on higher-yielding dividend stocks due to the need for income, especially for older and retired investors. With the market's high valuation, future returns will likely rely ...
Kimco Realty: Too Expensive For What It Offers, I'd Rotate
Kimco Realty is no longer a bargain; the current valuation doesn't offer good value, and rotation to other investments like FRT is recommended. Despite strong fundamentals, including high occupancy an...
Kimco Realty® Invites You to Join Its Fourth Quarter Earnings Conference Call
JERICHO, New York, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) will announce its fourth quarter 2024 earnings on Friday, February 7, 2025, before market open. You are invited to listen...
Kimco Realty® Announces Final Results of Cash Tender Offer to Purchase All of Its Outstanding Depositary Shares Representing 1/1,000 of a Share of 7.25% Class N Cumulative Convertible Perpetual Preferred Stock and Consent Solicitation
JERICHO, N.Y., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced the final results of its tender offer to purchase for cash any and all of its outs...
Cash COWs And Buried Treasures: 2024 Performance Review
About a year ago, I published two proposed portfolios: Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). T...
'Omni-channel' shopping is 'winning the day' for consumers, says Kimco CEO Connor Flynn
Connor Flynn, Kimco Realty CEO, joins CNBC's 'Power Lunch' to discuss outlooks on the consumer amidst the holiday shopping season.
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Kimco Realty® Announces Waiver of Condition for the Receipt of the Requisite Preferred Shareholder Consents and Extension of Cash Tender Offer to Purchase All of Its Outstanding Depositary Shares Representing 1/1,000 of a Share of 7.25% Class N Cumulative Convertible Perpetual Preferred Stock and Consent Solicitation
JERICHO, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that it has waived the condition for the receipt of the Requisite Preferred Shareh...
Kimco Realty: Still A Buy After Rally?
Kimco Realty Corporation has seen a 23% year-to-date total return, driven by a 4.2% dividend hike and record-high occupancy rates. Kimco's fiscal 2024 third quarter FFO increased by 7.5% year-over-yea...
Kimco Realty® Receives Nareit's 2024 Retail Leader in the Light Award
JERICHO, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and a leading owner and operator of high-quality, open-air, grocery-anchored shopping ...
Sector Spotlight: Shopping Center REITs
Blackstone's acquisition of Retail Opportunity Investments Corp. highlights increased M&A activity in the retail real estate sector, raising speculation on future deals. Retail REITs have shown strong...
Kimco: 4% Yield And A Dividend Hike Is On The Cards
Kimco Realty's Q3 funds from operations beat expectations, reaching $0.43 per share, and I anticipate a $0.01 dividend hike next quarter, boosting yield to 4.1%. The trust's diversified portfolio, foc...
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Kimco Realty Corporation (KIM) Q3 2024 Earnings Call Transcript
Kimco Realty Corporation (NYSE:KIM) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants David Bujnicki - SVP, IR Conor Flynn - CEO Ross Cooper - President & CIO Glenn Co...
Kimco Realty® Announces Third Quarter 2024 Results
– Portfolio Occupancy Matches All-Time High – – Board Increases Quarterly Cash Dividend on Common Shares by 4.2% – – Raises 2024 Outlook – JERICHO, N.Y., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Kimco Realty...
These REITs Trade At Discounts, But Should They?
There are substantial valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. Hotels and o...
Kimco Realty® Acquires Waterford Lakes Town Center
– Florida's Premier Grocery-Anchored Lifestyle Center and Retail Landmark – – One of Florida's Top Retail Destinations with Nearly 14 Million Annual Visits – JERICHO, New York, Oct. 01, 2024 (GLOBE NE...
Yield Spreads Are Out Of Whack - How To Take Advantage
The Fed's anticipated rate cuts will likely shift $3 trillion from money market funds to longer-duration fixed-income assets, including RMBS, corporate bonds, and REIT preferreds. Mispricing in the hi...
Buried Treasures: 11 Dramatically Undervalued REITs
REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and a...
Kimco Realty® Announces Pricing of $500 Million Aggregate Principal Amount of 4.850% Notes due 2035
JERICHO, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that its subsidiary, Kimco Realty OP, LLC (“Kimco OP” and, together with the Comp...
S&P Upgrades Kimco Realty® Rating Outlook to ‘Positive'
JERICHO, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping c...