NYSE:KIM - Kimco Realty Stock Price, Price Target & More

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$16.84 +0.26 (+1.57 %)
(As of 07/20/2018 02:33 AM ET)
Previous Close$16.58
Today's Range$16.33 - $16.89
52-Week Range$13.16 - $21.24
Volume2.56 million shs
Average Volume4.85 million shs
Market Capitalization$7.06 billion
P/E Ratio10.70
Dividend Yield6.74%
Beta0.5
Kimco Realty logoKimco Realty Corp. (NYSE: KIM) 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, 2017, the company owned interests in 492 U.S. shopping centers comprising 83 million square feet of leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for 60 years. For further information, please visit www.kimcorealty.com, the company's blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:KIM
CUSIP49446R10
Phone516-869-9000

Debt

Debt-to-Equity Ratio0.09
Current Ratio0.09
Quick Ratio0.09

Price-To-Earnings

Trailing P/E Ratio10.70
Forward P/E Ratio11.53
P/E Growth3.43

Sales & Book Value

Annual Sales$1.20 billion
Price / Sales5.96
Cash Flow$1.8753 per share
Price / Cash8.98
Book Value$12.97 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$1.55
Net Income$426.07 million
Net Margins40.74%
Return on Equity9.03%
Return on Assets4.25%

Miscellaneous

Employees546
Outstanding Shares424,900,000
Market Cap$7,057.54

Kimco Realty (NYSE:KIM) Frequently Asked Questions

What is Kimco Realty's stock symbol?

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

How often does Kimco Realty pay dividends? What is the dividend yield for Kimco Realty?

Kimco Realty announced a quarterly dividend on Friday, April 27th. Investors of record on Tuesday, July 3rd will be paid a dividend of $0.28 per share on Monday, July 16th. This represents a $1.12 annualized dividend and a yield of 6.65%. The ex-dividend date of this dividend is Monday, July 2nd. View Kimco Realty's Dividend History.

How will Kimco Realty's stock buyback program work?

Kimco Realty announced that its board has initiated a share buyback plan on Friday, February 16th 2018, which authorizes the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were Kimco Realty's earnings last quarter?

Kimco Realty Corp (NYSE:KIM) posted its quarterly earnings results on Thursday, April, 26th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.06. The real estate investment trust had revenue of $304.08 million for the quarter, compared to analyst estimates of $298.97 million. Kimco Realty had a net margin of 40.74% and a return on equity of 9.03%. Kimco Realty's revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.37 earnings per share. View Kimco Realty's Earnings History.

When is Kimco Realty's next earnings date?

Kimco Realty is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Kimco Realty.

What guidance has Kimco Realty issued on next quarter's earnings?

Kimco Realty updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $1.42-1.46 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.44.

What price target have analysts set for KIM?

14 brokerages have issued 1-year price targets for Kimco Realty's stock. Their predictions range from $15.50 to $20.00. On average, they expect Kimco Realty's stock price to reach $18.2727 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Ratings for Kimco Realty.

What is the consensus analysts' recommendation for Kimco Realty?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kimco Realty in the last year. There are currently 1 sell rating, 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Kimco Realty stock?

Here are some recent quotes from research analysts about Kimco Realty stock:
  • 1. According to Zacks Investment Research, "Shares of Kimco have outperformed the industry it belongs to, in the past three months. Recently, the company delivered funds from operations (FFO) as adjusted of 37 cents per share for first-quarter 2018, surpassing the Zacks Consensus Estimate by a cent. An uptick in occupancy and lease spreads favored the results. Notably, Kimco’s portfolio of high-quality assets in premium locations will drive demand for its mall space. In line with its 2020 vision, the company disposed 21 shopping centers for $219.5 million in first-quarter and expects to be a net seller in 2018. While such efforts are encouraging for the long term, the dilutive effect on earnings from high disposition activity cannot be averted in near term. Further, decreasing footfall at malls amid shift of consumers toward online channels, store closures and bankruptcy of retailers are likely to hurt the performance of the company." (5/7/2018)
  • 2. Boenning Scattergood analysts commented, "We are tweaking our KIM 2018 operating FFO per share estimate to adjust for anticipated recurring income from other real estate investments, assuming the company receives no distributions from its investment in grocer Albertsons in 2018." (8/18/2017)

Who are some of Kimco Realty's key competitors?

Who are Kimco Realty's key executives?

Kimco Realty's management team includes the folowing people:
  • Mr. Milton Cooper, Exec. Chairman (Age 89)
  • Mr. Conor C. Flynn, CEO & Director (Age 37)
  • Mr. Glenn Gary Cohen CPA, Exec. VP, CFO & Treasurer (Age 54)
  • Mr. Ross Cooper, Pres & Chief Investment Officer (Age 35)
  • Mr. David Jamieson, Exec. VP & COO (Age 37)

Has Kimco Realty been receiving favorable news coverage?

News stories about KIM stock have been trending positive this week, according to Accern. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kimco Realty earned a coverage optimism score of 0.26 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 46.64 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are Kimco Realty's major shareholders?

Kimco Realty's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.18%), Foundry Partners LLC (0.09%), Financial & Investment Management Group Ltd. (0.08%), Thompson Investment Management Inc. (0.05%), State of Alaska Department of Revenue (0.05%) and Retirement Systems of Alabama (0.05%). Company insiders that own Kimco Realty stock include Frank Lourenso, Milton Cooper and Philip E Coviello Jr. View Institutional Ownership Trends for Kimco Realty.

Which institutional investors are selling Kimco Realty stock?

KIM stock was sold by a variety of institutional investors in the last quarter, including Hartford Investment Management Co., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Bank of Montreal Can, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Financial & Investment Management Group Ltd., Retirement Systems of Alabama and Spirit of America Management Corp NY. View Insider Buying and Selling for Kimco Realty.

Which institutional investors are buying Kimco Realty stock?

KIM stock was acquired by a variety of institutional investors in the last quarter, including Bristol Advisors LLC, Amalgamated Bank, Municipal Employees Retirement System of Michigan, Fjarde AP Fonden Fourth Swedish National Pension Fund, Thompson Investment Management Inc., Campbell & CO Investment Adviser LLC, Foundry Partners LLC and IFM Investors Pty Ltd. Company insiders that have bought Kimco Realty stock in the last two years include Milton Cooper and Philip E Coviello Jr. View Insider Buying and Selling for Kimco Realty.

How do I buy shares of Kimco Realty?

Shares of KIM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Kimco Realty's stock price today?

One share of KIM stock can currently be purchased for approximately $16.84.

How big of a company is Kimco Realty?

Kimco Realty has a market capitalization of $7.06 billion and generates $1.20 billion in revenue each year. The real estate investment trust earns $426.07 million in net income (profit) each year or $1.55 on an earnings per share basis. Kimco Realty employs 546 workers across the globe.

How can I contact Kimco Realty?

Kimco Realty's mailing address is 3333 NEW HYDE PARK RD, NEW HYDE PARK NY, 11042. The real estate investment trust can be reached via phone at 516-869-9000 or via email at [email protected]


MarketBeat Community Rating for Kimco Realty (NYSE KIM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  357 (Vote Outperform)
Underperform Votes:  378 (Vote Underperform)
Total Votes:  735
MarketBeat's community ratings are surveys of what our community members think about Kimco Realty and other stocks. Vote "Outperform" if you believe KIM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KIM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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