Kimco Realty - KIM Stock Forecast, Price & News

10 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 4 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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10 analysts have issued 12 month price targets 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 $23.25 in the next year. This suggests a possible upside of 2.3% 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 stock has increased by 7.3% and is now trading at $22.72.
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Kimco Realty saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 17,920,000 shares, an increase of 21.7% from the December 31st total of 14,730,000 shares. Based on an average daily trading volume, of 4,410,000 shares, the short-interest ratio is presently 4.1 days.
View Kimco Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our KIM earnings forecast.

Kimco Realty will be holding an earnings conference call on Thursday, February 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Kimco Realty Corp (NYSE:KIM) announced its quarterly earnings results on Thursday, February, 10th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by $0.03. The real estate investment trust had revenue of $424.65 million for the quarter, compared to the consensus estimate of $375.81 million. Kimco Realty had a trailing twelve-month return on equity of 2.50% and a net margin of 14.66%. The company's revenue for the quarter was up 57.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.31 EPS.
Read the conference call transcript.

Kimco Realty announced a quarterly dividend on Thursday, October 27th. Shareholders of record on Friday, December 9th will be given a dividend of $0.23 per share on Friday, December 23rd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend is Thursday, December 8th. This is a positive change from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for KIM.

Kimco Realty (NYSE:KIM) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.08%. 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 248.65%. 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 57.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KIM.

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 many different institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.39%), Douglas Lane & Associates LLC (0.22%), State of New Jersey Common Pension Fund D (0.20%), Strs Ohio (0.16%), Boston Common Asset Management LLC (0.16%) and New York State Teachers Retirement System (0.12%). Insiders that own company stock include David Jamieson, Frank Lourenso, Glenn Gary Cohen, Paul Westbrook, Philip E Coviello Jr 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 $22.72.

Kimco Realty (NYSE:KIM) has a market capitalization of $14.05 billion and generates $1.36 billion in revenue each year. The real estate investment trust earns $844.06 million in net income (profit) each year or $0.37 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.