Kimco Realty Corporation (KIM)

NYSE: KIM · IEX Real-Time Price · USD
18.10
+0.43 (2.43%)
At close: Mar 20, 2023, 4:03 PM
18.27
+0.17 (0.94%)
Pre-market: Mar 21, 2023, 7:00 AM EDT
2.43%
Market Cap 11.20B
Revenue (ttm) 1.73B
Net Income (ttm) 100.76M
Shares Out 618.61M
EPS (ttm) 0.16
PE Ratio 113.13
Forward PE 30.58
Dividend $0.88 (4.86%)
Ex-Dividend Date Mar 8, 2023
Volume 5,621,608
Open 17.79
Previous Close 17.67
Day's Range 17.65 - 18.20
52-Week Range 17.61 - 26.57
Beta 1.46
Analysts Buy
Price Target 24.27 (+34.09%)
Earnings Date Apr 27, 2023

About KIM

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the ... [Read more]

Industry REIT - Retail
Sector Real Estate
IPO Date Nov 22, 1991
Employees 606
Stock Exchange NYSE
Ticker Symbol KIM
Full Company Profile

Financial Performance

In 2022, Kimco Realty's revenue was $1.73 billion, an increase of 26.61% compared to the previous year's $1.36 billion. Earnings were $100.76 million, a decrease of -87.69%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for KIM stock is "Buy." The 12-month stock price forecast is $24.27, which is an increase of 34.09% from the latest price.

Price Target
$24.27
(34.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Is it Wise to Retain Kimco (KIM) Stock in Your Portfolio Now?

Kimco's (KIM) focus on its grocery-anchored centers, mixed-use assets and solid balance sheet bode well for its growth. However, the rise in e-commerce adoption and higher interest rates are woes.

1 week ago - Zacks Investment Research

Kimco Realty® Management to Present at the Citi 2023 Global Property CEO Conference

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) announced today that its management will present at the Citi 2023 Global Property CEO Conference on Monday, March 6, 2023. Event: Kimco Realty...

2 weeks ago - Business Wire

Kimco Realty Announces New $2.0 Billion Revolving Credit Facility

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty Corp. (NYSE: KIM) today announced that its subsidiary Kimco Realty OP, LLC (“Kimco OP”) has closed on a new $2.0 billion unsecured revolving credit facilit...

3 weeks ago - Business Wire

The 7 Best Dividend Growth Stocks for Long-Term Investors

When faced with myriad market ambiguities, investors may be well served to target the best dividend growth stocks to buy. In many ways, this investment category represents the best of both worlds.

Other symbols: BDXDVNFANGKOPMSYY
3 weeks ago - InvestorPlace

Kimco Realty (KIM) Misses Q4 FFO Mark Despite Revenue Beat

While Kimco Realty (KIM) reports growth in revenues in the quarter, a rise in interest expenses acts as a dampener.

1 month ago - Zacks Investment Research

The 9 Best Dividend Growth Stocks to Buy

Adding dividend growth stocks to your portfolio can provide both income and capital appreciation over the long haul. That makes these picks worth a closer look.

1 month ago - Kiplinger

Kimco Realty (KIM) Misses Q4 FFO Estimates

Kimco Realty (KIM) delivered FFO and revenue surprises of -2.56% and 1.08%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Kimco Realty® Announces Fourth Quarter and Full Year 2022 Results

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM), North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, and a growing portfolio of mixed-u...

1 month ago - Business Wire

What's in the Cards for Kimco (KIM) This Earnings Season?

Resilient retail demand and focus on its grocery-anchored centers and mixed-use assets amid limited new supply are likely to have benefited Kimco's (KIM) Q4 earnings.

1 month ago - Zacks Investment Research

Kimco Realty Corporation Announces 2022 Dividend Tax Treatment

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM), North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, and a growing portfolio of mixed...

2 months ago - Business Wire

Is It Wise to Retain Kimco (KIM) Stock in Your Portfolio Now?

Kimco's (KIM) focus on its grocery-anchored centers, mixed-use assets and a solid balance sheet bode well for its growth. However, the rise in e-commerce adoption and higher interest rates are woes.

2 months ago - Zacks Investment Research

Net new store openings far outweigh store closures, says Kimco Realty CEO

Conor Flynn, Kimco Realty CEO, joins 'Power Lunch' to discuss what Kimco's tenants are telling Flynn about sales, Flynn's concerns about 2023 and more.

Other symbols: XRT
3 months ago - CNBC Television

Kimco Realty Corporation Announces Holding Company Reorganization

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) (the “Company”) today announced that it intends to complete a holding company reorganization (the “Reorganization”), which would restructure...

3 months ago - Business Wire

Kimco Realty® Invites You to Join Its Fourth Quarter Earnings Conference Call

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) will announce its fourth quarter 2022 earnings on Thursday, February 9, 2023 before market open. You are invited to listen to our quarterly ...

3 months ago - Business Wire

Here's Why Kimco Realty's (KIM) Shares Jumped 22.8% QTD

Robust leasing activity amid growing customers' preference for in-person shopping experience, healthy operating performance and strategic buyouts drive Kimco's (KIM) 22.8% quarter-to-date rise.

3 months ago - Zacks Investment Research

3 Top REITs to Buy From the Rebound in Retail REIT Industry

With shoppers' renewed enthusiasm for in-store shopping experience and retail landlords' focus on omni-channel retailing, adaptive reuse capabilities and essential retail tenants, Zacks REIT and Equit...

Other symbols: SKTSPG
4 months ago - Zacks Investment Research

Kimco Realty® Recognized as Nareit's 2022 Retail Leader in the Light for Outstanding Sustainability Practices

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM), North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, and a growing portfolio of mixed...

4 months ago - Business Wire

Kimco (KIM) Boosts New York Market Presence With $376M Buyout

Kimco's (KIM) latest acquisition of a portfolio of eight shopping centers in Long Island, NY, for $375.8 million, boosts its presence in the high barrier-to-entry market of New York.

4 months ago - Zacks Investment Research

Real estate debate between brick-and-mortar and e-commerce is 'already settled': Kimco Realty CEO

Kimco Realty CEO Conor Flynn joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss the retail real estate outlook, building occupancy rates, and small business rent delinquencies.

4 months ago - Yahoo Finance

Kimco Reality stands to gain from Kroger-Albertsons deal, says Kimco CEO

Conor Flynn, CEO of Kimco Realty, joins 'Power Lunch' to discuss Kimco being well positioned to benefit from the Kroger-Albertsons merger, grocery-anchored locations and grocery stores benefiting from...

Other symbols: ACIKR
5 months ago - CNBC Television

Kimco (KIM) Q3 FFO & Revenues Beat Estimates, '22 View Up

Kimco's (KIM) third-quarter results outshine estimates, with the top line growing year over year. It raises 2022 outlook for FFO.

5 months ago - Zacks Investment Research

Kimco Realty (KIM) Surpasses Q3 FFO and Revenue Estimates

Kimco Realty (KIM) delivered FFO and revenue surprises of 5.13% and 2.35%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Kimco Realty® Announces Third Quarter 2022 Results

JERICHO, N.Y.

5 months ago - Business Wire

Kimco (KIM) to Report Q3 Earnings: Is a Beat in the Cards?

Pent-up consumer demand and focus on its grocery-anchored centers and mixed-use assets are likely to have aided Kimco's (KIM) Q3 earnings.

5 months ago - Zacks Investment Research