Kimco Realty (KIM) to Release Quarterly Earnings on Thursday

Kimco Realty (NYSE:KIM - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.42 per share and revenue of $520.68 million for the quarter. Kimco Realty has set its FY 2025 guidance at 1.700-1.720 EPS.

Kimco Realty (NYSE:KIM - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.42. Kimco Realty had a return on equity of 3.82% and a net margin of 20.17%. On average, analysts expect Kimco Realty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kimco Realty Trading Down 2.0 %

NYSE KIM traded down $0.40 on Tuesday, hitting $20.09. 7,075,968 shares of the company were exchanged, compared to its average volume of 4,414,522. The company's 50 day moving average price is $20.73 and its 200-day moving average price is $22.61. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.65 and a quick ratio of 3.59. The firm has a market capitalization of $13.65 billion, a P/E ratio of 35.88, a price-to-earnings-growth ratio of 2.78 and a beta of 1.25. Kimco Realty has a twelve month low of $17.93 and a twelve month high of $25.83.

Kimco Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date was Friday, March 7th. Kimco Realty's dividend payout ratio (DPR) is 178.57%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on KIM shares. Scotiabank dropped their price objective on shares of Kimco Realty from $24.00 to $23.00 and set a "sector perform" rating on the stock in a research note on Wednesday, April 23rd. Jefferies Financial Group lowered Kimco Realty from a "buy" rating to a "hold" rating and cut their price objective for the stock from $28.00 to $25.00 in a report on Thursday, January 2nd. Mizuho dropped their target price on Kimco Realty from $26.00 to $22.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 25th. JPMorgan Chase & Co. cut their price target on Kimco Realty from $25.00 to $24.00 and set a "neutral" rating for the company in a research note on Tuesday, February 18th. Finally, Wells Fargo & Company cut their price target on Kimco Realty from $24.00 to $23.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 26th. Nine analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Kimco Realty presently has an average rating of "Moderate Buy" and an average target price of $24.68.

About Kimco Realty

Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America's largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets.