Kimco Realty Corporation (KIM)

NYSE: KIM · IEX Real-Time Price · USD
17.60
-0.01 (-0.06%)
Apr 17, 2024, 4:00 PM EDT - Market closed
-0.06%
Market Cap 11.86B
Revenue (ttm) 1.78B
Net Income (ttm) 629.25M
Shares Out 674.14M
EPS (ttm) 1.02
PE Ratio 17.25
Forward PE 24.15
Dividend $1.03 (5.84%)
Ex-Dividend Date Mar 6, 2024
Volume 4,040,968
Open 17.65
Previous Close 17.61
Day's Range 17.59 - 17.84
52-Week Range 16.34 - 22.84
Beta 1.45
Analysts Buy
Price Target 21.48 (+22.05%)
Earnings Date May 2, 2024

About KIM

Kimco Realty (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets. The company's portfolio is primarily concentrated in the first-ring suburbs of the top major metropolitan markets, including those in high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities, with a tenant mix focused on essential, necessity-based goods and services that driv... [Read more]

Industry REIT - Retail
Sector Real Estate
IPO Date Nov 22, 1991
Employees 660
Stock Exchange NYSE
Ticker Symbol KIM
Full Company Profile

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 $629.25 million, an increase of 524.52%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for KIM stock is "Buy." The 12-month stock price forecast is $21.48, which is an increase of 22.05% from the latest price.

Price Target
$21.48
(22.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Kimco Realty® Announces First Quarter Transaction Activity Highlighted by the Sale of Ten Former RPT Properties for $248 Million

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) today announced the disposition of ten former RPT Realty (RPT) properties for an aggregate price of $248 million. These centers did not fully ...

22 days ago - Business Wire

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

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) will announce its first quarter 2024 earnings on Thursday, May 2, 2024, before market open. You are invited to listen to our quarterly earning...

27 days ago - Business Wire

Kimco Realty® Management to Present at the Citi 2024 Global Property CEO Conference

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) announced today that its management will present at the Citi 2024 Global Property CEO Conference on Tuesday, March 5, 2024. Event: Kimco Realt...

6 weeks ago - Business Wire

Kimco Realty CEO: A lot of deferred services during Covid are coming back strong

Kimco Realty CEO Conor Flynn joins 'Money Movers' to discuss the company's quarterly earnings results, the different tenets Kimco has, and more.

2 months ago - CNBC Television

Kimco Realty® Announces Fourth Quarter and Full Year 2023 Results

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

2 months ago - Business Wire

Kimco Realty Corporation Announces 2023 Dividend Tax Treatment for RPT Realty Investors

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (“Kimco” or the “Company”) (NYSE: KIM), North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a gr...

2 months ago - Business Wire

Kimco Realty Corporation Announces 2023 Dividend Tax Treatment

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (“Kimco” or the “Company”) (NYSE: KIM), North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a gr...

3 months ago - Business Wire

Top Wall Street analysts recommend these stocks for dividend-oriented investors

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Civitas Resources and Williams Companies.

Other symbols: CIVIWMB
3 months ago - CNBC

Kimco Realty® Closes Acquisition of RPT Realty

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (“Kimco” or the “Company”) (NYSE: KIM), North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a gr...

3 months ago - Business Wire

Livent Set to Join S&P MidCap 400; NCR Voyix and Rush Enterprises to Join S&P SmallCap 600

NEW YORK , Dec. 19, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Tuesday, January 2: ...

Other symbols: VYX
4 months ago - PRNewsWire

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 2023 earnings on Thursday, February 8, 2024, before market open. You are invited to listen to our quarterly e...

4 months ago - Business Wire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

4 months ago - GlobeNewsWire

Kimco Realty® Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

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...

4 months ago - Business Wire

Kimco Realty CEO Conor Flynn: Shopping centers are steady defensive plays

Conor Flynn, Kimco Realty CEO, joins 'Power Lunch' to discuss commercial real estate in shopping centers.

5 months ago - CNBC Television

RPT REALTY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of RPT Realty - RPT

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of RPT Realty (NYSE...

5 months ago - Business Wire

Kimco Realty® Recognized as Nareit's 2023 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-u...

5 months ago - Business Wire

Kimco Realty® Declares Special Cash Dividend of $0.09 Per Share of Common Stock

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) announced today that its Board of Directors has declared a one-time, special dividend of $0.09 per share of common stock to satisfy its distri...

Other symbols: ACI
5 months ago - Business Wire

Kimco Realty® Announces Third Quarter 2023 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-us...

6 months ago - Business Wire

Kimco Realty® Announces Pricing of $500 Million Aggregate Principal Amount of 6.400% Notes due 2034

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that its subsidiary, Kimco Realty OP, LLC (“Kimco OP” and, together with the Company, “Kimco”), has...

7 months ago - Business Wire

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

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) will announce its third quarter 2023 earnings on Thursday, October 26, 2023, before market open. You are invited to listen to our quarterly ea...

7 months ago - Business Wire

Kimco Realty® Management to Present at the BofA Securities 2023 Global Real Estate Conference

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) announced today that its management will present at the BofA Securities 2023 Global Real Estate Conference on Tuesday, September 12, 2023. Eve...

7 months ago - Business Wire

RPT REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of RPT Realty - RPT

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of RPT Realty (NYSE...

8 months ago - Business Wire

After Kimco buys RPT, further tie-ups await in the world of real estate investment trusts: analyst

Real-estate investment trusts remain under pressure to build scale in the face of more difficult borrowing conditions nowadays, KeyBanc analyst Todd Thomas says.

8 months ago - Market Watch

Kimco Deal The Latest Sign That Investors Like Retail Again

In the world of real estate investment, retailing has been pretty much a no-go for quite a few years, but Kimco's $2 billion property deal suggests retail is back on sale.

8 months ago - Forbes

What made real estate investment trust RPT stock jump 20% on Monday?

Kimco Realty Corp (NYSE: KIM) says it will buy peer RPT Realty (NYSE: RPT) for $2.0 billion including debt. Shares of the latter are up 20% at writing.

8 months ago - Invezz