Kimco Realty (KIM) Expected to Announce Quarterly Earnings on Thursday

Kimco Realty (NYSE:KIM - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 31st. Analysts expect Kimco Realty to post earnings of $0.17 per share and revenue of $524.75 million for the quarter. Kimco Realty has set its FY 2025 guidance at 1.710-1.740 EPS.

Kimco Realty (NYSE:KIM - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.02. The company had revenue of $536.62 million during the quarter, compared to analyst estimates of $520.68 million. Kimco Realty had a net margin of 26.79% and a return on equity of 5.17%. Kimco Realty's revenue for the quarter was up 965.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 EPS. 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 0.9%

Shares of NYSE:KIM traded down $0.19 during mid-day trading on Friday, hitting $21.79. The company had a trading volume of 4,191,053 shares, compared to its average volume of 3,810,711. The firm has a fifty day moving average price of $21.20 and a 200 day moving average price of $21.25. The company has a market capitalization of $14.74 billion, a PE ratio of 28.30, a price-to-earnings-growth ratio of 1.60 and a beta of 1.24. The company has a debt-to-equity ratio of 0.75, a current ratio of 3.47 and a quick ratio of 3.47. Kimco Realty has a one year low of $17.93 and a one year high of $25.83.

Kimco Realty Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 6th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, June 6th. This represents a $1.00 dividend on an annualized basis and a yield of 4.59%. Kimco Realty's dividend payout ratio (DPR) is presently 129.87%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on KIM. Scotiabank decreased their price target on shares of Kimco Realty from $24.00 to $23.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 23rd. Barclays started coverage on shares of Kimco Realty in a research note on Wednesday, July 2nd. They issued an "overweight" rating and a $25.00 target price for the company. Wall Street Zen lowered shares of Kimco Realty from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th. Raymond James Financial reduced their target price on shares of Kimco Realty from $28.00 to $26.00 and set a "strong-buy" rating for the company in a research note on Monday, May 5th. Finally, Piper Sandler reduced their target price on shares of Kimco Realty from $29.00 to $28.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Kimco Realty has an average rating of "Hold" and an average price target of $24.70.

Institutional Investors Weigh In On Kimco Realty

Institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. purchased a new stake in Kimco Realty during the first quarter valued at about $61,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Kimco Realty by 59.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 111,247 shares of the real estate investment trust's stock valued at $2,351,000 after purchasing an additional 41,265 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Kimco Realty by 6.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 639,985 shares of the real estate investment trust's stock valued at $13,593,000 after purchasing an additional 38,554 shares during the last quarter. 89.25% of the stock is owned by hedge funds and other institutional investors.

Kimco Realty Company Profile

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.