Kimco Realty FY2025 EPS Forecast Lifted by Zacks Research

Kimco Realty Corp (NYSE:KIM - Free Report) - Investment analysts at Zacks Research boosted their FY2025 earnings per share (EPS) estimates for shares of Kimco Realty in a research report issued on Thursday, May 22nd. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings of $1.72 per share for the year, up from their prior forecast of $1.71. The consensus estimate for Kimco Realty's current full-year earnings is $1.71 per share. Zacks Research also issued estimates for Kimco Realty's Q4 2025 earnings at $0.43 EPS, FY2026 earnings at $1.77 EPS and FY2027 earnings at $1.80 EPS.

Kimco Realty (NYSE:KIM - Get Free Report) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.02. Kimco Realty had a return on equity of 3.82% and a net margin of 20.17%. The firm had revenue of $536.62 million for the quarter, compared to analysts' expectations of $520.68 million. During the same period in the previous year, the firm earned $0.39 earnings per share. The business's revenue was up 965.3% compared to the same quarter last year.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Kimco Realty from $25.00 to $24.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 18th. Piper Sandler reduced their price target on Kimco Realty from $29.00 to $28.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Citigroup reduced their price target on Kimco Realty from $27.00 to $21.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. Wall Street Zen cut Kimco Realty from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. Finally, Mizuho reduced their price target on Kimco Realty from $26.00 to $22.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $24.68.

Kimco Realty Trading Up 1.8%

Shares of KIM traded up $0.38 during mid-day trading on Monday, hitting $21.36. 4,330,575 shares of the company's stock traded hands, compared to its average volume of 5,126,241. The company has a quick ratio of 3.59, a current ratio of 3.65 and a debt-to-equity ratio of 0.78. Kimco Realty has a 1 year low of $17.93 and a 1 year high of $25.83. The firm has a market capitalization of $14.45 billion, a P/E ratio of 38.12, a PEG ratio of 2.78 and a beta of 1.26. The business's 50-day moving average price is $20.60 and its 200-day moving average price is $22.16.

Kimco Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date is Friday, June 6th. Kimco Realty's payout ratio is currently 129.87%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC lifted its holdings in Kimco Realty by 14.3% in the third quarter. Barclays PLC now owns 1,848,159 shares of the real estate investment trust's stock valued at $42,915,000 after acquiring an additional 231,606 shares during the period. Exchange Traded Concepts LLC lifted its holdings in Kimco Realty by 61.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 56,497 shares of the real estate investment trust's stock valued at $1,324,000 after acquiring an additional 21,491 shares during the period. Blue Trust Inc. lifted its holdings in Kimco Realty by 26.8% in the fourth quarter. Blue Trust Inc. now owns 8,013 shares of the real estate investment trust's stock valued at $186,000 after acquiring an additional 1,696 shares during the period. Pacer Advisors Inc. lifted its holdings in Kimco Realty by 12.6% in the fourth quarter. Pacer Advisors Inc. now owns 56,298 shares of the real estate investment trust's stock valued at $1,319,000 after acquiring an additional 6,293 shares during the period. Finally, Nilsine Partners LLC lifted its holdings in Kimco Realty by 13.1% in the fourth quarter. Nilsine Partners LLC now owns 106,767 shares of the real estate investment trust's stock valued at $2,502,000 after acquiring an additional 12,342 shares during the period. 89.25% of the stock is owned by 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.