Kimco Realty
About: One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 567 shopping centers throughout major markets in the US, representing roughly 101 million square feet.
Employees: 660
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 4 (+2) [Q3]
34% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 53
15% more capital invested
Capital invested by funds: $12.3B [Q2] → $14.1B (+$1.85B) [Q3]
3% more funds holding
Funds holding: 521 [Q2] → 539 (+18) [Q3]
3% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 183
3.11% less ownership
Funds ownership: 93.78% [Q2] → 90.67% (-3.11%) [Q3]
19% less call options, than puts
Call options by funds: $6.18M | Put options by funds: $7.63M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
11%
upside
Avg. target
$27
14%
upside
High target
$30
28%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
JP Morgan Anthony Paolone 39% 1-year accuracy 7 / 18 met price target | 11%upside $26 | Neutral Downgraded | 20 Dec 2024 |
Mizuho Vikram Malhorta 64% 1-year accuracy 14 / 22 met price target | 11%upside $26 | Neutral Maintained | 10 Dec 2024 |
Scotiabank Greg McGinniss 17% 1-year accuracy 2 / 12 met price target | 11%upside $26 | Sector Perform Maintained | 25 Nov 2024 |
Baird Wesley Golladay 67% 1-year accuracy 6 / 9 met price target | 11%upside $26 | Outperform Maintained | 12 Nov 2024 |
UBS Michael Goldsmith 29% 1-year accuracy 4 / 14 met price target | 28%upside $30 | Buy Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 8 articles about KIM published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
Kimco Realty® Invites You to Join Its Fourth Quarter Earnings Conference Call
JERICHO, New York, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) will announce its fourth quarter 2024 earnings on Friday, February 7, 2025, before market open. You are invited to listen to our quarterly earnings conference call. The webcast information is as follows:
Neutral
GlobeNewsWire
1 week ago
Kimco Realty® Announces Final Results of Cash Tender Offer to Purchase All of Its Outstanding Depositary Shares Representing 1/1,000 of a Share of 7.25% Class N Cumulative Convertible Perpetual Preferred Stock and Consent Solicitation
JERICHO, N.Y., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced the final results of its tender offer to purchase for cash any and all of its outstanding depositary shares (each, a “Security,” and collectively, the “Securities”) representing 1/1,000 of a share of the Company's 7.25% Class N Cumulative Convertible Perpetual Preferred Stock, par value $1.00 per share (the “Class N Preferred Stock”), at a price per Security of $62.00, plus any accrued and unpaid dividends (the “Offer”), and concurrent consent solicitation (the “Consent Solicitation”) upon the terms and subject to the conditions set forth in the Company's Offer to Purchase and Consent Solicitation, dated November 4, 2024 (as amended or supplemented from time to time, the “Offer to Purchase and Consent Solicitation”). The Offer and Consent Solicitation expired at 5:00 p.m., New York City time, on December 12, 2024.
Positive
Seeking Alpha
1 week ago
Cash COWs And Buried Treasures: 2024 Performance Review
About a year ago, I published two proposed portfolios: Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). The Cash COWs portfolio, selected for high yield and dividend safety, delivered a 6.91% cash yield with no dividend cuts, outperforming the VNQ by 242 bps. Despite not matching the S&P 500 or NASDAQ, Cash COWs performed well against the Dow Jones, S&P 400, and S&P 600 indices.
Positive
CNBC Television
1 week ago
'Omni-channel' shopping is 'winning the day' for consumers, says Kimco CEO Connor Flynn
Connor Flynn, Kimco Realty CEO, joins CNBC's 'Power Lunch' to discuss outlooks on the consumer amidst the holiday shopping season.
Positive
Seeking Alpha
2 weeks ago
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” —Barron's Weekly. In an interview, Steven Wieting, strategist at Citi-Wealth, noted that a growing-dividend is a tangible-benefit for shareholders and a-hallmark-of companies with strong-balance-sheets. “Nobody can fake a dividend,” he said.
Positive
Zacks Investment Research
2 weeks ago
Should Kimco Realty Stock be Retained in Your Portfolio Now?
KIM gains from its strategically located predominant grocery-anchored portfolio, diverse tenant base and strong balance sheet. High e-commerce adoption ails.
Neutral
GlobeNewsWire
2 weeks ago
Kimco Realty® Announces Waiver of Condition for the Receipt of the Requisite Preferred Shareholder Consents and Extension of Cash Tender Offer to Purchase All of Its Outstanding Depositary Shares Representing 1/1,000 of a Share of 7.25% Class N Cumulative Convertible Perpetual Preferred Stock and Consent Solicitation
JERICHO, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that it has waived the condition for the receipt of the Requisite Preferred Shareholder Consents (as defined below), relating to its tender offer to purchase for cash any and all of its outstanding depositary shares (each, a “Security”, and collectively, the “Securities”) representing 1/1,000 of a share of the Company's 7.25% Class N Cumulative Convertible Perpetual Preferred Stock, par value $1.00 per share (the “Class N Preferred Stock”), at a price per Security of $62.00, plus any accrued and unpaid dividends (the “Offer”) and concurrent consent solicitation (the “Consent Solicitation”). Previously, acceptance for payment of any Securities in the Offer was conditioned upon the valid tender (without proper withdrawal) of a minimum of at least two-thirds of the outstanding Securities (which represent two-thirds of the outstanding shares of Class N Preferred Stock) (the “Requisite Preferred Shareholder Consents”). The Offer and Consent Solicitation was scheduled to expire on December 4, 2024, at 5:00 p.m., New York City time, and will now expire on December 12, 2024, at 5:00 p.m., New York City time (unless further extended or earlier terminated). You may withdraw any Securities you have tendered at any time before the new expiration date. As set forth in the Company's Offer to Purchase and Consent Solicitation, dated November 4, 2024, the Company will delay the acceptance for purchase of any and all of your validly tendered and not properly withdrawn Securities until the new expiration date.
Positive
Seeking Alpha
3 weeks ago
Kimco Realty: Still A Buy After Rally?
Kimco Realty Corporation has seen a 23% year-to-date total return, driven by a 4.2% dividend hike and record-high occupancy rates. Kimco's fiscal 2024 third quarter FFO increased by 7.5% year-over-year to $0.43 per share, with free cash flow covering dividends by 174%. KIM's debt maturity is well-laddered, with most debt due post-2030, and a strong balance sheet earning an “A-” investment-grade rating from Fitch.
Neutral
GlobeNewsWire
1 month ago
Kimco Realty® Receives Nareit's 2024 Retail Leader in the Light Award
JERICHO, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and a leading owner and operator of high-quality, open-air, grocery-anchored shopping centers, and mixed-use assets in the United States, today announced it has received Nareit's 2024 Leader in the Light Award for Retail for the third consecutive year, marking the fifth time overall that the company has received this prestigious recognition for its sustainability initiatives.
Positive
Seeking Alpha
1 month ago
Sector Spotlight: Shopping Center REITs
Blackstone's acquisition of Retail Opportunity Investments Corp. highlights increased M&A activity in the retail real estate sector, raising speculation on future deals. Retail REITs have shown strong returns in 2024, driven by robust leasing, occupancy, and impressive Same Store Net Operating Income growth. Retail REITs now trade at or near Net Asset Value, reflecting improved market sentiment and potential for continued share price appreciation.
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