Kimco Realty Corporation (KIM)

NYSE: KIM · IEX Real-Time Price · USD
22.53
-0.54 (-2.34%)
Feb 3, 2023, 4:03 PM EST - Market closed
-2.34%
Market Cap 13.93B
Revenue (ttm) 1.71B
Net Income (ttm) 232.17M
Shares Out 618.48M
EPS (ttm) 0.28
PE Ratio 80.46
Forward PE 30.58
Dividend $0.84 (3.73%)
Ex-Dividend Date Dec 8, 2022
Volume 3,602,170
Open 22.75
Previous Close 23.07
Day's Range 22.38 - 22.80
52-Week Range 17.71 - 26.57
Beta 1.46
Analysts Buy
Price Target 24.39 (+8.26%)
Earnings Date Feb 9, 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 2021, Kimco Realty's revenue was $1.36 billion, an increase of 28.99% compared to the previous year's $1.06 billion. Earnings were $818.64 million, a decrease of -16.07%.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for KIM stock is "Buy." The 12-month stock price forecast is $24.39, which is an increase of 8.26% from the latest price.

Price Target
$24.39
(8.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 weeks 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.

3 weeks 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
1 month 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...

1 month 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 ...

1 month 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.

2 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
2 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...

2 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.

3 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.

3 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
3 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.

3 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?

3 months ago - Zacks Investment Research

Kimco Realty® Announces Third Quarter 2022 Results

JERICHO, N.Y.

3 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.

3 months ago - Zacks Investment Research

REIT Kimco Realty sold more than $300 million of Albertsons stock after buyout deal with Kroger was announced

Kimco Realty Corp. said Friday that it sold off more than a quarter of its stake in Alberstons Companies Inc. ACI, -7.74% , after Albertsons announced the deal to be acquired by Kroger Co. KR, -5.89% ...

Other symbols: ACI
4 months ago - Market Watch

Kimco to Realize Meaningful Incremental Value from Kroger-Albertsons Merger

JERICHO, N.Y.

Other symbols: ACI
4 months ago - Business Wire

6 Reasons to Add Kimco (KIM) Stock to Your Portfolio Now

Kimco's (KIM) focus on conveniently located grocery-anchored properties, mixed-use assets and a strong balance sheet position augur well for its growth.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

Will Retail REITs Continue to Rebound in the Holiday Season?

Retail REITs like O, SPG, KIM and FRT are poised to benefit amid pent-up consumer demand with the waning of the pandemic impact and a favorable job-and-wage growth environment, supporting consumer con...

Other symbols: FRTOSPG
4 months ago - Zacks Investment Research

Jim Cramer says these 5 real estate stocks are attractive investment opportunities

"While most retail stocks are horrible right now

Other symbols: FRTOSKTSPG
5 months ago - CNBC

Kimco Realty® Management to Present at the BofA Securities 2022 Global Real Estate Conference

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) announced today that its management will present at the BofA Securities 2022 Global Real Estate Conference on Wednesday, September 14, 2022. E...

5 months ago - Business Wire

Great Place to Work® Names Kimco Realty® One of the 2022 Best Workplaces in Real Estate™

JERICHO, N.Y.--(BUSINESS WIRE)--Great Place to Work® has honored Kimco Realty® as one of the 2022 Best Workplaces in Real Estate™. This is Kimco's first time being named to this prestigious list, maki...

5 months ago - Business Wire

3 Top REITs to Buy From a Prospering Retail REIT Industry

Zacks REIT and Equity Trust - Retail industry stocks KIM, NNN and STOR are in focus amid pent-up consumer demand with waning of the pandemic impact and favorable job-and-wage growth environment, suppo...

Other symbols: NNNSTOR
5 months ago - Zacks Investment Research