Kimco Realty
KIM
Market cap $16.5B

24.47 USD

+0.12

0.49%

At close Oct 17, 4:00 PM EDT

After hours

24.47

+0.00

0.00%

1 day

0.49%

5 days

6.62%

1 month

3.77%

3 months

13.44%

6 months

39.03%

Year to date

14.99%

1 year

38.88%

5 years

18.84%

About: One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 569 shopping centers throughout major markets in the US, representing roughly 87 million square feet.

Employees: 660

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 12 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

69% more call options, than puts

Call options by funds: $4.32M | Put options by funds: $2.55M

8% more repeat investments, than reductions

Existing positions increased: 197 | Existing positions reduced: 183

0.62% more ownership

Funds ownership: 92.22% [Q1] → 92.84% (+0.62%) [Q2]

0% more capital invested

Capital invested by funds: $12.2B [Q1] → $12.2B (+$12.1M) [Q2]

1% less funds holding

Funds holding: 526 [Q1] → 521 (-5) [Q2]

8% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 62

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]

See Fund Rankings

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$22

10%

downside

Avg. target

$24

1%

downside

High target

$29

19%

upside

12 analyst ratings

5 positive

42%

7 neutral

58%

0 negative

0%

Evercore ISI Group Steve Sakwa 54% 1-year accuracy 30 / 56 met price target	6%downside $23	In-Line Maintained	16 Sept 2024
Goldman Sachs Caitlin Burrows 46% 1-year accuracy 13 / 28 met price target	8%downside $23	Neutral Maintained	12 Sept 2024
Compass Point Floris Van Dijkum 73% 1-year accuracy 11 / 15 met price target	14%upside $28	Buy Maintained	10 Sept 2024
Truist Securities Ki Bin Kim 75% 1-year accuracy 30 / 40 met price target	2%downside $24	Hold Maintained	28 Aug 2024
Evercore ISI Group Steve Sakwa 54% 1-year accuracy 30 / 56 met price target	10%downside $22	In-Line Maintained	28 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about KIM published over the past 30 days

The Motley Fool

Real Estate Could Soar in 2025. Here Are 2 Great Stocks You Can Buy Right Now

Falling interest rates could create a tailwind for REITs, and these could be great ways to invest.

Real Estate Could Soar in 2025. Here Are 2 Great Stocks You Can Buy Right Now

Zacks Investment Research

What Makes Kimco Realty (KIM) a New Buy Stock

Kimco Realty (KIM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Kimco Realty (KIM) a New Buy Stock

Zacks Investment Research

Kimco Announces Buyout of Waterford Lakes Town Center for $322M

Strengthening its position in the Orlando market, KIM acquires Waterford Lakes Town Center for $322 million in Orlando, FL.

Kimco Announces Buyout of Waterford Lakes Town Center for $322M

Kimco Realty® Acquires Waterford Lakes Town Center

– Florida's Premier Grocery-Anchored Lifestyle Center and Retail Landmark – – One of Florida's Top Retail Destinations with Nearly 14 Million Annual Visits – JERICHO, New York, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) 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, is pleased to announce the acquisition of Waterford Lakes Town Center, a 976,000-square-foot signature asset spanning 79 acres in Orlando, Florida for $322 million, including the assumption of a $164 million mortgage. The property, which is approximately 99% occupied, features a high-quality tenant mix that combines lifestyle and entertainment uses with essential goods and services.

Kimco Realty® Acquires Waterford Lakes Town Center

Zacks Investment Research

Kimco Realty Stock Rises 25.9% in Three Months: Here's How

KIM's focus on grocery-anchored centers, mixed-use assets and a solid balance sheet position is likely to bode well for long-term growth.

Kimco Realty Stock Rises 25.9% in Three Months: Here's How

Yield Spreads Are Out Of Whack - How To Take Advantage

The Fed's anticipated rate cuts will likely shift $3 trillion from money market funds to longer-duration fixed-income assets, including RMBS, corporate bonds, and REIT preferreds. Mispricing in the high yield space, particularly REIT preferreds, presents substantial capital appreciation potential due to wide spreads and significant discounts to par value. Preferreds with sound fundamentals, large discounts to par, and high current spreads are poised for 15%+ capital appreciation and double-digit total returns.

Yield Spreads Are Out Of Whack - How To Take Advantage

Buried Treasures: 11 Dramatically Undervalued REITs

REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and at least 20% undervalued, narrowing down to 11 based on dividend safety, balance sheet quality, and growth projections. Avoid high-yield "sucker" stocks and companies with declining revenues or weak balance sheets to minimize risk and ensure stable returns.

Buried Treasures: 11 Dramatically Undervalued REITs

Following their worst week since mid-2023, U.S. equity markets rebounded this week while benchmark interest rates dipped to two-year lows as investors parsed a relatively encouraging slate of inflation data. The critical CPI and PPI reports showed that - excluding the dubious shelter component - consumer and producer price pressures now appear well-contained, following the painful pandemic-era inflation surge. The S&P 500 rallied 4.0%, lifting the major equity benchmark to within 0.5% of fresh record highs. The policy-sensitive 2-Year Treasury Yield dipped to the lowest level in two years.

Fed Ahead

Zacks Investment Research

Kimco Realty's Rating Outlook Upgraded to Positive by S&P Global

KIM's rating outlook is revised upward by S&P Global Ratings to 'Positive' from 'Stable' on expectations of solid operating performance.

Kimco Realty's Rating Outlook Upgraded to Positive by S&P Global

Kimco Realty® Announces Pricing of $500 Million Aggregate Principal Amount of 4.850% Notes due 2035

JERICHO, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) -- 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 priced a public offering of $500 million aggregate principal amount of 4.850% notes due 2035 (the “notes”) with an effective yield of 4.873%, maturing March 1, 2035. The notes will be fully and unconditionally guaranteed by the Company. The offering is expected to settle on September 16, 2024, subject to the satisfaction of customary closing conditions.

Kimco Realty® Announces Pricing of $500 Million Aggregate Principal Amount of 4.850% Notes due 2035

See News Rankings

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