Kimco Realty Corporation (KIM)
| Market Cap | 15.81B |
| Revenue (ttm) | 1.96B |
| Net Income (ttm) | 354.14M |
| Shares Out | 675.16M |
| EPS (ttm) | 0.53 |
| PE Ratio | 44.25 |
| Forward PE | 33.19 |
| Dividend | $1.00 (4.27%) |
| Ex-Dividend Date | Dec 5, 2024 |
| Volume | 4,255,488 |
| Open | 23.04 |
| Previous Close | 23.01 |
| Day's Range | 23.01 - 23.61 |
| 52-Week Range | 17.57 - 25.83 |
| Beta | 1.50 |
| Analysts | Buy |
| Price Target | 24.66 (+5.3%) |
| 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 5.30% from the latest price.
News
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...
Kimco Realty® Invites You to Join Its Third Quarter Earnings Conference Call
JERICHO, N.Y., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) will announce its third quarter 2024 earnings on Thursday, October 31, 2024, before market open. You are invited to listen t...
Kimco: 4.2% Yield, Strong Coverage, Dividend Growth Potential
Kimco Realty offers a high-quality 4.2% dividend yield with a low 60% pay-out ratio, indicating strong potential for future dividend growth. The trust's portfolio has strong lease metrics, with 96.2% ...
Kimco Realty® Achieves ‘A-' Credit Rating from Fitch
JERICHO, N.Y., Sept. 09, 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...
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...
10 SWANs For The Next Black Swan
I focus on bottom-up analysis, identifying companies with strong operational performance and balance sheets that can weather Black Swan events, regardless of stock market fluctuations. Realty Income, ...
Kimco: Good Market Dynamics But Fairly Valued
Kimco is a REIT that owns and operates retail properties in 30 states. The company has a well-diversified portfolio and the market dynamics are good for retail landlords. Kimco Realty's investment-gra...