Kimco Realty (KIM) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimco Realty in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KIM shares.
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10 analysts have issued 1 year price objectives for Kimco Realty's stock. Their KIM share price forecasts range from $20.00 to $26.00. On average, they predict the company's stock price to reach $22.19 in the next year. This suggests a possible upside of 26.8% from the stock's current price.
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Kimco Realty's stock was trading at $21.18 at the beginning of the year. Since then, KIM stock has decreased by 17.4% and is now trading at $17.50.
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Kimco Realty saw a increase in short interest in September. As of September 15th, there was short interest totaling 22,410,000 shares, an increase of 32.1% from the August 31st total of 16,970,000 shares. Based on an average trading volume of 4,410,000 shares, the days-to-cover ratio is currently 5.1 days.
View Kimco Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our KIM earnings forecast.

Kimco Realty will be holding an earnings conference call on Thursday, October 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Kimco Realty Corp (NYSE:KIM) released its quarterly earnings results on Thursday, February, 10th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.03. The real estate investment trust earned $424.65 million during the quarter, compared to analysts' expectations of $375.81 million. Kimco Realty had a trailing twelve-month return on equity of 4.15% and a net margin of 23.00%. The firm's revenue for the quarter was up 57.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 EPS.
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Kimco Realty announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Thursday, September 7th will be paid a dividend of $0.23 per share on Thursday, September 21st. This represents a $0.92 annualized dividend and a dividend yield of 5.26%. The ex-dividend date is Wednesday, September 6th.
Read our dividend analysis for KIM.

ETFs with the largest weight of Kimco Realty (NYSE:KIM) stock in their portfolio include JPMorgan Realty Income ETF (JPRE), Invesco S&P 500 Equal Weight Real Estate ETF (RSPR), Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), BTD Capital Fund (DIP), Fidelity Real Estate Investment ETF (FPRO), FlexShares Global Quality Real Estate Index Fund (GQRE), Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) and AAM S&P 500 High Dividend Value ETF (SPDV).

Kimco Realty (NYSE:KIM) pays an annual dividend of $0.92 per share and currently has a dividend yield of 5.20%. KIM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 150.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KIM will have a dividend payout ratio of 56.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KIM.

Kimco Realty updated its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $1.55-$1.57 for the period, compared to the consensus earnings per share estimate of $1.56. The company issued revenue guidance of -.

12 employees have rated Kimco Realty Chief Executive Officer Conor C. Flynn on Glassdoor.com. Conor C. Flynn has an approval rating of 100% among the company's employees. This puts Conor C. Flynn in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kimco Realty investors own include AT&T (T), Altria Group (MO), Coca-Cola (KO), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Enterprise Products Partners (EPD), Simon Property Group (SPG), Exxon Mobil (XOM), General Electric (GE) and Realty Income (O).

Kimco Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "KIM."

Kimco Realty's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.83%), Cohen & Steers Inc. (7.34%), State Street Corp (7.11%), JPMorgan Chase & Co. (4.07%), Capital Research Global Investors (3.23%) and Geode Capital Management LLC (2.35%). Insiders that own company stock include David Jamieson, Frank Lourenso, Glenn Gary Cohen, Paul Westbrook and Realty Corp Kimco.
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Shares of KIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KIM stock can currently be purchased for approximately $17.50.

Kimco Realty (NYSE:KIM) has a market capitalization of $10.85 billion and generates $1.73 billion in revenue each year. The real estate investment trust earns $125.98 million in net income (profit) each year or $0.61 on an earnings per share basis.

Kimco Realty's mailing address is 500 NORTH BROADWAY SUITE 201, JERICHO NY, 11753. The official website for the company is www.kimcorealty.com. The real estate investment trust can be reached via phone at 516-869-9000, via email at dbujnicki@kimcorealty.com, or via fax at 516-869-9001.