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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:KIM

Kimco Realty (KIM) Stock Price, News & Analysis

$19.61
+0.25 (+1.29%)
(As of 03/28/2024 ET)
Today's Range
$19.42
$19.66
50-Day Range
$18.80
$20.89
52-Week Range
$16.34
$22.83
Volume
7.61 million shs
Average Volume
5.77 million shs
Market Capitalization
$13.22 billion
P/E Ratio
19.23
Dividend Yield
4.90%
Price Target
$21.89

Kimco Realty MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
11.6% Upside
$21.89 Price Target
Short Interest
Healthy
2.45% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.28mentions of Kimco Realty in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$172,644 Sold Last Quarter
Proj. Earnings Growth
5.70%
From $1.58 to $1.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Finance Sector

189th out of 850 stocks

Real Estate Investment Trusts Industry

34th out of 179 stocks

KIM stock logo

About Kimco Realty Stock (NYSE:KIM)

Kimco Realty Corp. is a real estate investment trust (REIT) focused on open-air mall-style properties in the US and is among the largest mall REITs on the market. The firm has been in business since the post-war boom of the 1966 and trading on the public markets since 1991. The name is a blend of the founders names, Martin Kimmel and Milton Cooper, who merged their assets in order to form the larger company.

The stock was added to the S&P 500 in 2006 and has held its position ever since. Kimco is also know for being the first vertically integrated REIT meaning it is internally managed and advised, and provides its own asset and property management. The firm raised $120 million with its IPO and was worth $11.4 billion in October 2022.

As of October 2022, the company laid claim to more than 530 properties enclosing 92 million square feet of retail space. The properties are primarily located within grocery-anchored shopping centers and mixed-use assets in suburban areas. The tenant-focus is on a diverse blend of essential and/or necessity-based goods or services that drive multiple consumer trips per week and provide stable income.

Kimco Realty is headquartered in Jerico, N.Y., but does not limit its investments by geography. The company’s properties are located in 1st-ring suburbs surrounding major metropolitan areas from coast to coast. One area of focus is high-barrier-to-entry coastal properties in population-dense vacation zones while another is the rapidly expanding Sun Belt.

The firm offers a variety of services and features apart from property rentals that include curbside pickup zones and many others that enhance the tenant and consumer experience. Other features include digital maintenance requests, Click Pay, and a Discount Program. Some of the markets served by Kimco Realty include New York, Los Angeles, Dallas, Houston, Baltimore, Philadelphia, Miami, and Atlanta.

KIM Stock Price History

KIM Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
KIM Oct 2024 20.000 put
Buy Friday, Sell Monday, No Exceptions
Every week traders grind it out Monday through Friday… But neglect trading Friday to Monday… Or… “over the weekend” As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today. It allows him to sidestep a lot of the midweek volatility. Yet, gives him the opportunity to target some of the markets biggest stock moves. Just recently, he posted a trade on Nordstrom… The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.
Kimco Realty Corp (KIC.DU)
18 Fastest-Declining Cities in the US
Kimco Realty Corp (KIC.BE)
See More Headlines
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Company Calendar

Last Earnings
2/10/2022
Ex-Dividend for 3/21 Dividend
3/06/2024
Dividend Payable
3/21/2024
Today
3/28/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Retail REITs
CUSIP
49446R10
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.89
High Stock Price Target
$26.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+12.1%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$654.27 million
Pretax Margin
36.11%

Debt

Sales & Book Value

Annual Sales
$1.78 billion
Cash Flow
$1.94 per share
Book Value
$15.57 per share

Miscellaneous

Free Float
658,100,000
Market Cap
$13.16 billion
Optionable
Optionable
Beta
1.45
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KIM Stock Analysis - Frequently Asked Questions

Should I buy or sell Kimco Realty stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimco Realty in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KIM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KIM, but not buy additional shares or sell existing shares.
View KIM analyst ratings
or view top-rated stocks.

What is Kimco Realty's stock price target for 2024?

9 Wall Street analysts have issued twelve-month price objectives for Kimco Realty's stock. Their KIM share price targets range from $20.00 to $26.00. On average, they predict the company's share price to reach $21.89 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price.
View analysts price targets for KIM
or view top-rated stocks among Wall Street analysts.

How have KIM shares performed in 2024?

Kimco Realty's stock was trading at $21.31 at the beginning of the year. Since then, KIM shares have decreased by 8.0% and is now trading at $19.61.
View the best growth stocks for 2024 here
.

Are investors shorting Kimco Realty?

Kimco Realty saw a increase in short interest in March. As of March 15th, there was short interest totaling 16,490,000 shares, an increase of 8.0% from the February 29th total of 15,270,000 shares. Based on an average daily volume of 5,960,000 shares, the short-interest ratio is presently 2.8 days.
View Kimco Realty's Short Interest
.

When is Kimco Realty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our KIM earnings forecast
.

How can I listen to Kimco Realty's earnings call?

Kimco Realty will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Kimco Realty's earnings last quarter?

Kimco Realty Corp (NYSE:KIM) issued its earnings results on Thursday, February, 10th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.03. The real estate investment trust had revenue of $424.65 million for the quarter, compared to analyst estimates of $375.81 million. Kimco Realty had a net margin of 36.69% and a trailing twelve-month return on equity of 6.72%. The firm's revenue was up 57.6% compared to the same quarter last year. During the same period last year, the firm posted $0.31 earnings per share.
Read the conference call transcript
.

How often does Kimco Realty pay dividends? What is the dividend yield for Kimco Realty?

Kimco Realty announced a quarterly dividend on Thursday, February 8th. Shareholders of record on Thursday, March 7th will be paid a dividend of $0.24 per share on Thursday, March 21st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend is Wednesday, March 6th.
Read our dividend analysis for KIM
.

Is Kimco Realty a good dividend stock?

Kimco Realty (NYSE:KIM) pays an annual dividend of $0.96 per share and currently has a dividend yield of 5.10%. KIM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 94.12%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KIM will have a dividend payout ratio of 57.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KIM.

What guidance has Kimco Realty issued on next quarter's earnings?

Kimco Realty issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of 1.580-1.620 for the period, compared to the consensus EPS estimate of 1.620. The company issued revenue guidance of -.

What is Conor C. Flynn's approval rating as Kimco Realty's CEO?

12 employees have rated Kimco Realty Chief Executive Officer Conor C. Flynn on Glassdoor.com. Conor C. Flynn has an approval rating of 100% among the company's employees. This puts Conor C. Flynn in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Kimco Realty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kimco Realty investors own include AT&T (T), Altria Group (MO), Coca-Cola (KO), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Enterprise Products Partners (EPD), Simon Property Group (SPG), Exxon Mobil (XOM), General Electric (GE) and Realty Income (O).

Who are Kimco Realty's major shareholders?

Kimco Realty's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.51%), Vanguard Group Inc. (15.21%), Cohen & Steers Inc. (7.13%), Capital Research Global Investors (2.42%), Daiwa Securities Group Inc. (1.86%) and Dimensional Fund Advisors LP (1.48%). Insiders that own company stock include David Jamieson, Frank Lourenso, Glenn Gary Cohen, Paul Westbrook and Realty Corp Kimco.
View institutional ownership trends
.

How do I buy shares of Kimco Realty?

Shares of KIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KIM) was last updated on 3/28/2024 by MarketBeat.com Staff

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