Kimco Realty Corp (KIM)

NYSE
Currency in USD
22.29
+0.26(+1.16%)
Closed
After Hours
22.18-0.11(-0.49%)
KIM Scorecard
Full Analysis
RSI suggests the stock is in oversold territory
High dividend Yield
Fair Value
Day's Range
22.0322.33
52 wk Range
17.5725.83
Key Statistics
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Prev. Close
22.03
Open
22.07
Day's Range
22.03-22.33
52 wk Range
17.57-25.83
Volume
3.97M
Average Volume (3m)
3.96M
1-Year Change
8.79%
Book Value / Share
15.61
Fair Value
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Fair Value Upside
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KIM Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
25.90
Upside
+16.20%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple
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Kimco Realty Corp Company Profile

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 the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 60 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of September 30, 2024, the company owned interests in 567 U.S. shopping centers and mixed-use assets comprising 101 million square feet of gross leasable space.

Kimco Realty Corp SWOT Analysis


Strategic Positioning
Explore Kimco's focus on grocery-anchored shopping centers, providing stability and consistent foot traffic in a changing retail landscape
Financial Health
Delve into Kimco's robust cash flow metrics and strong financial health score, balanced against projections of slower AFFO growth compared to peers
Market Dynamics
Learn how lower interest rates and institutional capital influx are shaping the shopping center REIT sector, impacting Kimco's valuation and growth potential
Future Outlook
Discover Kimco's challenges and opportunities, with analyst price targets around $23, as it navigates consumer spending trends and evolving retail environments
Read full SWOT analysis

Kimco Realty Corp Earnings Call Summary for Q3/2024

  • Record-high occupancy of 96.4% in Q3; FFO up 7.5% to $287.4M; full-year FFO guidance raised to $1.64-$1.65 per share
  • Acquired Waterford Lakes Town Center for $322M; net debt to EBITDA improved to 5.3x, best since 2009
  • Optimistic about growth into 2025; cautious outlook due to potential lower interest income; detailed 2025 guidance in Q4 report
  • Strong leasing environment; SNOW pipeline indicates future occupancy growth; positive ratings from Fitch and S&P
  • Disposition guidance lowered to $250M-$300M; plans to activate 1-2 projects annually from 3,500-unit portfolio
Last Updated: 11/01/2024, 02:40 AM
Read Full Transcript

Compare KIM to Peers and Sector

Metrics to compare
KIM
Peers
Sector
Relationship
P/E Ratio
42.3x31.3x7.7x
PEG Ratio
−1.650.230.01
Price/Book
1.4x2.2x0.9x
Price / LTM Sales
7.6x7.6x3.8x
Upside (Analyst Target)
18.3%14.7%20.9%
Fair Value Upside
Unlock−10.2%1.6%Unlock

Analyst Ratings

7 Buy
16 Hold
0 Sell
Ratings:
23 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 25.90

(+16.20% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.539
Dividend Yield
4.54%
Industry Median 5.06%
Annualized payout
1
Paid quarterly
5-Years Growth
-3.04%
Growth Streak

Earnings

Latest Release
Oct 31, 2024
EPS / Forecast
0.19 / 0.1689
Revenue / Forecast
502.88M / 502.78M
EPS Revisions
Last 90 days

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FAQ

What Is the Kimco Realty (KIM) Stock Price Today?

The Kimco Realty stock price today is 22.29

What Stock Exchange Does Kimco Realty Trade On?

Kimco Realty is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Kimco Realty?

The stock symbol for Kimco Realty is "KIM."

Does Kimco Realty Pay Dividends? What’s The Current Dividend Yield?

The Kimco Realty dividend yield is 4.54%.

What Is the Kimco Realty Market Cap?

As of today, Kimco Realty market cap is 15.04B.

What is Kimco Realty Earnings Per Share?

The Kimco Realty EPS is 0.539.

What Is the Next Kimco Realty Earnings Date?

Kimco Realty will release its next earnings report on Feb 06, 2025.

From a Technical Analysis Perspective, Is KIM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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