Kimco Realty - KIM Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kimco Realty in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KIM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KIM, but not buy additional shares or sell existing shares.
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11 brokers have issued twelve-month price objectives for Kimco Realty's stock. Their KIM share price forecasts range from $21.00 to $26.00. On average, they expect the company's share price to reach $23.38 in the next year. This suggests a possible upside of 29.8% from the stock's current price.
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Kimco Realty's stock was trading at $21.18 on January 1st, 2023. Since then, KIM shares have decreased by 15.0% and is now trading at $18.01.
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Kimco Realty saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 11,990,000 shares, a decrease of 28.2% from the January 31st total of 16,690,000 shares. Based on an average trading volume of 4,190,000 shares, the days-to-cover ratio is currently 2.9 days.
View Kimco Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our KIM earnings forecast.

Kimco Realty will be holding an earnings conference call on Thursday, April 27th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Kimco Realty Corp (NYSE:KIM) issued its quarterly earnings data on Thursday, February, 10th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.03. The real estate investment trust earned $424.65 million during the quarter, compared to the consensus estimate of $375.81 million. Kimco Realty had a net margin of 7.29% and a trailing twelve-month return on equity of 1.27%. Kimco Realty's revenue was up 57.6% on a year-over-year basis. During the same quarter last year, the business earned $0.31 earnings per share.
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Kimco Realty declared a quarterly dividend on Thursday, February 9th. Stockholders of record on Thursday, March 9th will be paid a dividend of $0.23 per share on Thursday, March 23rd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.11%. The ex-dividend date is Wednesday, March 8th.
Read our dividend analysis for KIM.

ETFs with the largest weight of Kimco Realty (NYSE:KIM) stock in their portfolio include Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), JPMorgan Realty Income ETF (JPRE), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Fidelity Real Estate Investment ETF (FPRO), FlexShares Global Quality Real Estate Index Fund (GQRE), AAM S&P 500 High Dividend Value ETF (SPDV), iShares Cohen & Steers REIT ETF (ICF) and Real Estate Select Sector SPDR Fund (XLRE).

Kimco Realty (NYSE:KIM) pays an annual dividend of $0.92 per share and currently has a dividend yield of 5.05%. 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 613.33%. 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 56.44% 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, February, 9th. The company provided EPS guidance of $1.53-$1.57 for the period, compared to the consensus earnings per share estimate of $1.59. 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 variety of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (4.25%), Resolution Capital Ltd (4.19%), Geode Capital Management LLC (2.27%), Norges Bank (1.83%), Daiwa Securities Group Inc. (1.63%) and Dimensional Fund Advisors LP (1.41%). Insiders that own company stock include David Jamieson, Frank Lourenso, Glenn Gary Cohen, Paul Westbrook and Realty Corp Kimco.
View institutional ownership trends.

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 $18.01.

Kimco Realty (NYSE:KIM) has a market capitalization of $11.16 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 $0.15 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.