Kimco Realty Corporation Company Profile (NYSE:KIM)

About Kimco Realty Corporation (NYSE:KIM)

Kimco Realty Corporation logoKimco Realty Corporation is a self-administered real estate investment trust. The Company is engaged in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. As of December 31, 2016, the Company had interests in 525 shopping center properties, aggregating 85.4 million square feet of gross leasable area (GLA), located in 34 states, Puerto Rico and Canada. As of December 31, 2016, the Company had 384 other property interests, primarily through the Company's preferred equity investments and other real estate investments, totaling 6.3 million square feet of GLA. The Company's open-air shopping center properties had an average size of 162,618 square feet as of December 31, 2016. The Company's open-air shopping center properties had various national and regional companies as competitors, such as TJX Companies, The Home Depot, Ahold Delhaize, Albertsons and Ross Stores.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail REITs
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:KIM
  • CUSIP: 49446R10
  • Web:
  • Market Cap: $8.04063 billion
  • Outstanding Shares: 425,655,000
Average Prices:
  • 50 Day Moving Avg: $18.45
  • 200 Day Moving Avg: $21.50
  • 52 Week Range: $17.02 - $32.24
  • Trailing P/E Ratio: 29.89
  • Foreward P/E Ratio: 11.73
  • P/E Growth: 5.46
Sales & Book Value:
  • Annual Revenue: $1.17 billion
  • Price / Sales: 6.87
  • Book Value: $12.24 per share
  • Price / Book: 1.54
  • Annual Dividend: $1.08
  • Dividend Yield: 5.7%
  • EBIDTA: $762.52 million
  • Net Margins: 27.02%
  • Return on Equity: 5.78%
  • Return on Assets: 2.78%
  • Debt-to-Equity Ratio: 0.20%
  • Current Ratio: 0.09%
  • Quick Ratio: 0.09%
  • Average Volume: 6.19 million shs.
  • Beta: 0.65
  • Short Ratio: 2.05
Frequently Asked Questions for Kimco Realty Corporation (NYSE:KIM)

What is Kimco Realty Corporation's stock symbol?

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

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

Kimco Realty Corporation announced a quarterly dividend on Thursday, April 27th. Investors of record on Thursday, July 6th will be paid a dividend of $0.27 per share on Monday, July 17th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.72%. The ex-dividend date is Monday, July 3rd. View Kimco Realty Corporation's Dividend History.

How were Kimco Realty Corporation's earnings last quarter?

Kimco Realty Corporation (NYSE:KIM) announced its quarterly earnings data on Wednesday, April, 26th. The company reported $0.37 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.37. The business earned $293.60 million during the quarter, compared to analyst estimates of $291.46 million. Kimco Realty Corporation had a net margin of 27.02% and a return on equity of 5.78%. The company's revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.37 EPS. View Kimco Realty Corporation's Earnings History.

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

Kimco Realty Corporation updated its FY17 earnings guidance on Wednesday, April, 26th. The company provided earnings per share guidance of $1.50-$1.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.53.

Where is Kimco Realty Corporation's stock going? Where will Kimco Realty Corporation's stock price be in 2017?

14 analysts have issued 1 year price objectives for Kimco Realty Corporation's shares. Their predictions range from $18.70 to $34.00. On average, they anticipate Kimco Realty Corporation's share price to reach $27.43 in the next twelve months. View Analyst Ratings for Kimco Realty Corporation.

What are analysts saying about Kimco Realty Corporation stock?

Here are some recent quotes from research analysts about Kimco Realty Corporation stock:

  • 1. According to Zacks Investment Research, "Shares of Kimco underperformed the Zacks classified REIT and Equity Trust – Retail industry over the past three months. Notably, in recent times, mall traffic has continued to suffer amid a rapid shift in customers’ shopping preferences and patterns with online purchases growing by leaps and bounds, leading retailers to reconsider their footprint and eventually opt for store closures. Further, retailers that are not being able to cope with competition are filing bankruptcies. This has emerged as a pressing concern for retail REIT like Kimco. Rate hike has further added to the company’s woes. Moreover, though the company remains on track with the strategic 2020 Vision, which envisages the ownership of premium assets in major metro markets in the U.S., as well as a reduction in the joint-venture portfolio, earnings dilution led by high disposition activity cannot be bypassed." (7/5/2017)
  • 2. Canaccord Genuity analysts commented, "We view Kimco’s stock as oversold amid the negative sector headwinds and reiterate our BUY rating." (4/27/2017)

Are investors shorting Kimco Realty Corporation?

Kimco Realty Corporation saw a increase in short interest in June. As of June 30th, there was short interest totalling 16,328,947 shares, an increase of 29.2% from the June 15th total of 12,635,758 shares. Based on an average daily volume of 8,162,944 shares, the short-interest ratio is presently 2.0 days. Currently, 4.0% of the company's shares are sold short.

Who are some of Kimco Realty Corporation's key competitors?

Who are Kimco Realty Corporation's key executives?

Kimco Realty Corporation's management team includes the folowing people:

  • Milton Cooper, Executive Chairman of the Board, Co-Founder
  • Ross Cooper, President, Chief Investment Officer
  • Conor C. Flynn, Chief Executive Officer, Director
  • Glenn G. Cohen, Chief Financial Officer, Executive Vice President, Treasurer
  • David Jamieson, Chief Operating Officer, Executive Vice President
  • Richard G. Dooley, Lead Independent Director
  • Philip E. Coviello Jr., Independent Director
  • Joe Grills, Independent Director
  • Mary Hogan Preusse, Independent Director
  • Frank Lourenso, Independent Director

Who owns Kimco Realty Corporation stock?

Kimco Realty Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include APG Asset Management US Inc. (1.98%), Chevy Chase Trust Holdings Inc. (0.09%), APG Asset Management N.V. (0.05%), Xact Kapitalforvaltning AB (0.05%), Aperio Group LLC (0.04%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own Kimco Realty Corporation stock include Conor C Flynn, Frank Lourenso, Glenn Gary Cohen, Milton Cooper, Paul Westbrook and Philip E Coviello Jr. View Institutional Ownership Trends for Kimco Realty Corporation.

Who sold Kimco Realty Corporation stock? Who is selling Kimco Realty Corporation stock?

Kimco Realty Corporation's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Exxonmobil Investment Management Inc. TX, NN Investment Partners Holdings N.V., DnB Asset Management AS, Oakbrook Investments LLC and Capstone Asset Management Co.. View Insider Buying and Selling for Kimco Realty Corporation.

Who bought Kimco Realty Corporation stock? Who is buying Kimco Realty Corporation stock?

Kimco Realty Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Forsta AP Fonden, Mn Services Vermogensbeheer B.V., Aperio Group LLC, Xact Kapitalforvaltning AB, Independence Advisors LLC, US Bancorp DE, LS Investment Advisors LLC and Creative Planning. Company insiders that have bought Kimco Realty Corporation stock in the last two years include Milton Cooper and Philip E Coviello Jr. View Insider Buying and Selling for Kimco Realty Corporation.

How do I buy Kimco Realty Corporation stock?

Shares of Kimco Realty Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Kimco Realty Corporation's stock price today?

One share of Kimco Realty Corporation stock can currently be purchased for approximately $18.89.

MarketBeat Community Rating for Kimco Realty Corporation (NYSE KIM)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  447
MarketBeat's community ratings are surveys of what our community members think about Kimco Realty Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Kimco Realty Corporation (NYSE:KIM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $27.43 (45.19% upside)

Analysts' Ratings History for Kimco Realty Corporation (NYSE:KIM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/10/2017Barclays PLCReiterated RatingOverweight$22.00 -> $23.00LowView Rating Details
7/10/2017Citigroup Inc.Reiterated RatingNeutral$21.00 -> $19.50LowView Rating Details
6/20/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$18.70MediumView Rating Details
4/27/2017Canaccord GenuityReiterated RatingBuy$34.00MediumView Rating Details
3/13/2017Robert W. BairdUpgradeNeutral -> Outperform$29.00 -> $25.00MediumView Rating Details
3/3/2017Evercore ISIUpgradeHold -> OutperformN/AView Rating Details
1/9/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$28.00N/AView Rating Details
12/16/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$30.00 -> $27.50N/AView Rating Details
11/30/2016Wells Fargo & CompanyReiterated RatingHoldN/AView Rating Details
11/25/2016ArgusUpgradeHold -> Buy$30.00N/AView Rating Details
10/3/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$34.00N/AView Rating Details
8/17/2016Deutsche Bank AGBoost Price TargetHold$27.00 -> $28.00N/AView Rating Details
8/1/2016Royal Bank Of CanadaReiterated RatingOutperform$31.00 -> $34.00N/AView Rating Details
6/28/2016Boenning ScattergoodInitiated CoverageNeutralN/AView Rating Details
4/13/2016MizuhoInitiated CoverageNeutral$28.50N/AView Rating Details
10/9/2015Cowen and CompanyReiterated RatingOutperform$24.50 -> $28.00N/AView Rating Details
9/8/2015Evercore Partners IncLower Price TargetHold$26.00 -> $25.00N/AView Rating Details
(Data available from 7/24/2015 forward)


Earnings History for Kimco Realty Corporation (NYSE:KIM)
Earnings by Quarter for Kimco Realty Corporation (NYSE:KIM)
Earnings History by Quarter for Kimco Realty Corporation (NYSE KIM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017Q1 2017$0.37$0.37$291.46 million$293.60 millionViewN/AView Earnings Details
2/2/2017Q416$0.38$0.16$288.40 million$297.00 millionViewListenView Earnings Details
10/27/2016Q316$0.17$0.18$288.31 million$285.08 millionViewN/AView Earnings Details
4/27/2016Q116$0.37$0.38$292.80 million$297.20 millionViewN/AView Earnings Details
2/2/2016Q415$0.35$0.37$286.57 million$300.90 millionViewN/AView Earnings Details
11/4/2015Q315$0.37$0.36$286.40 million$288.32 millionViewN/AView Earnings Details
7/28/2015Q215$0.42$0.44$281.89 million$289.10 millionViewListenView Earnings Details
5/6/2015Q115$0.35$0.36$262.00 million$283.50 millionViewN/AView Earnings Details
2/5/2015Q414$0.35$0.35$256.60 million$264.51 millionViewN/AView Earnings Details
7/29/2014Q214$0.34$0.35$240.85 million$260.24 millionViewN/AView Earnings Details
5/7/2014Q114$0.34$0.34$237.42 million$246.90 millionViewN/AView Earnings Details
2/4/2014Q413$0.33$0.33$238.02 million$247.62 millionViewN/AView Earnings Details
10/29/2013Q313$0.33$0.33$236.90 million$241.50 millionViewN/AView Earnings Details
7/30/2013Q213$0.33$0.35$240.37 million$246.12 millionViewN/AView Earnings Details
5/1/2013Q113$0.32$0.33$225.61 million$241.20 millionViewN/AView Earnings Details
2/5/2013Q412$0.32$0.33$227.24 million$239.50 millionViewN/AView Earnings Details
10/30/2012Q312$0.31$0.31$227.10 million$231.88 millionViewN/AView Earnings Details
7/31/2012$0.31$0.34ViewN/AView Earnings Details
5/2/2012$0.30$0.31ViewN/AView Earnings Details
11/2/2011$0.30$0.30ViewN/AView Earnings Details
5/5/2011$0.30$0.28ViewN/AView Earnings Details
2/9/2011$0.28$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Kimco Realty Corporation (NYSE:KIM)
2017 EPS Consensus Estimate: $1.52
2018 EPS Consensus Estimate: $1.59
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.37$0.38$0.38
Q2 20173$0.37$0.38$0.37
Q3 20173$0.38$0.39$0.38
Q4 20173$0.38$0.39$0.39
Q1 20182$0.38$0.38$0.38
Q2 20182$0.38$0.41$0.40
Q3 20182$0.40$0.41$0.41
Q4 20182$0.41$0.41$0.41
(Data provided by Zacks Investment Research)


Current Dividend Information for Kimco Realty Corporation (NYSE:KIM)
Most Recent Dividend:7/17/2017
Annual Dividend:$1.08
Dividend Yield:5.72%
Dividend Growth:6.70% (3 Year Average)
Payout Ratio:168.75% (Trailing 12 Months of Earnings)
71.05% (Based on This Year's Estimates)
67.08% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Kimco Realty Corporation (NYSE:KIM)

Dividend History by Quarter for Kimco Realty Corporation (NYSE KIM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Kimco Realty Corporation (NYSE:KIM)
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 90.60%
Insider Trades by Quarter for Kimco Realty Corporation (NYSE:KIM)
Institutional Ownership by Quarter for Kimco Realty Corporation (NYSE:KIM)
Insider Trades by Quarter for Kimco Realty Corporation (NYSE:KIM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/5/2017Philip E Coviello JrDirectorBuy20,000$17.37$347,400.00View SEC Filing  
5/9/2017Philip E Coviello JrDirectorBuy7,500$19.44$145,800.00View SEC Filing  
2/15/2017Milton CooperChairmanBuy5,000$24.07$120,350.00View SEC Filing  
2/13/2017Frank LourensoDirectorSell6,389$25.06$160,108.34View SEC Filing  
8/8/2016Philip E Coviello JrDirectorBuy1,000$31.17$31,170.00View SEC Filing  
5/9/2016Conor C FlynnCEOSell58,300$29.72$1,732,676.00View SEC Filing  
3/29/2016Paul WestbrookVPSell7,429$28.48$211,577.92View SEC Filing  
3/17/2016Glenn Gary CohenCFOSell23,300$28.42$662,186.00View SEC Filing  
2/16/2016Frank LourensoDirectorSell6,099$26.49$161,562.51View SEC Filing  
3/16/2015Paul WestbrookCAOSell7,571$26.50$200,631.50View SEC Filing  
2/18/2015Frank LourensoDirectorSell5,843$26.60$155,423.80View SEC Filing  
11/4/2014F Patrick HughesDirectorSell21,500$25.13$540,295.00View SEC Filing  
10/24/2014David HenryCEOSell43,600$24.00$1,046,400.00View SEC Filing  
8/18/2014Glenn Gary CohenCFOSell10,900$23.08$251,572.00View SEC Filing  
8/8/2014Milton CooperChairmanBuy50,000$22.22$1,111,000.00View SEC Filing  
5/12/2014Paul WestbrookCAOSell3,750$22.77$85,387.50View SEC Filing  
3/19/2014Frank LourensoDirectorSell1,250$21.97$27,462.50View SEC Filing  
3/11/2014Frank LourensoDirectorSell4,125$21.92$90,420.00View SEC Filing  
6/28/2013Conor C FlynnCOOSell2,000$21.53$43,060.00View SEC Filing  
5/17/2013Michael V PappagalloCOOSell217,525$24.32$5,290,208.00View SEC Filing  
8/10/2012Frank LourensoDirectorSell1,375$19.40$26,675.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Kimco Realty Corporation (NYSE:KIM)
Latest Headlines for Kimco Realty Corporation (NYSE:KIM)
DateHeadline logoKimco Brings Cinépolis USA to Kentlands Market Square | Business ... - Business Wire (press release) - July 19 at 11:29 PM logoKimco Brings Cinépolis USA to Kentlands Market Square - July 19 at 11:29 PM logoKimco Realty Corporation (KIM) Given Consensus Recommendation of "Hold" by Analysts - July 19 at 11:34 AM logoKimco Realty Corporation (KIM) Short Interest Update - July 18 at 7:10 AM logoETFs with exposure to Kimco Realty Corp. : July 14, 2017 - July 15 at 4:31 AM logoKimco Realty Signs Target at Westmont Plaza - Business Wire (press release) - July 13 at 6:07 AM logoKimco Realty Signs Target at Westmont Plaza - July 13 at 6:07 AM logoFor $131M, a classic Portland shopping destination gets a new owner - July 13 at 6:07 AM logoKimco Realty Acquires Jantzen Beach Center, a Rare Opportunity in ... - Business Wire (press release) - July 11 at 1:17 AM logoKimco Or Brixmor: Grocery-Anchored Cage Match - Seeking Alpha - July 11 at 1:17 AM logoBRIEF-Kimco Realty acquires Jantzen Beach Center for $131.8 mln - July 10 at 8:17 PM logoKimco Realty Acquires Jantzen Beach Center, a Rare Opportunity in a High-Barrier-to-Entry Market - July 10 at 8:16 PM logoBarclays PLC Reaffirms Overweight Rating for Kimco Realty Corporation (NYSE:KIM) - July 10 at 4:52 PM logoKimco Realty Corporation (NYSE:KIM) Rating Reiterated by Citigroup Inc. - July 10 at 4:52 PM logo3 Most Unbelievably Undervalued High-Yield Dividend Stocks - July 7 at 6:46 AM logoKimco Realty Corporation (KIM) Downgraded by Zacks Investment Research - July 5 at 12:38 PM logoKimco Realty Corp. breached its 50 day moving average in a Bullish Manner : KIM-US : July 4, 2017 - July 4 at 5:48 PM logo$292.39 Million in Sales Expected for Kimco Realty Corporation (KIM) This Quarter - July 2 at 9:46 AM logoREITs: Some Scattered Opportunities in a Fairly Valued Sector - June 30 at 11:14 PM logoKimco Realty Corporation (KIM) Expected to Announce Earnings of $0.38 Per Share - June 30 at 10:09 AM logoKimco Realty Corporation (KIM) PT Lowered to $22.00 at Barclays PLC - June 26 at 2:41 PM logoKimco Realty Corporation (KIM) Given Average Recommendation of "Hold" by Brokerages - June 24 at 12:50 AM logoKimco Realty Corporation (KIM) Stock Rating Upgraded by Goldman Sachs Group, Inc. (The) - June 20 at 8:10 AM logoKimco Realty Corporation To Present at Jefferies Global Consumer Conference - Business Wire (press release) - June 17 at 11:41 PM logoKimco Realty Releases 2016 Corporate Responsibility Report - Business Wire (press release) - June 17 at 11:41 PM logoKimco Realty Corporation To Present at Jefferies Global Consumer Conference - June 16 at 7:05 PM logoKimco Realty Releases 2016 Corporate Responsibility Report - June 16 at 7:04 AM logoWeekly Top Insider Buys Highlight for the Week of June 9 - June 14 at 8:14 PM logoBidaskClub Upgrades Kimco Realty Corporation (KIM) to "Sell" - June 14 at 7:48 PM logoContrasting National Retail Properties (NNN) & Kimco Realty Corporation (KIM) - June 14 at 6:46 PM logoKimco Realty Named Top Dividend Stock With Insider Buying and 5.83% Yield (KIM) - June 12 at 3:20 PM logoKIM Crosses Above 6% Yield Territory - June 9 at 6:22 PM logoIs Retail in Trouble? Here Are 2 Companies That Don't Think So - June 9 at 6:22 PM logoKimco Realty Corp (KIM) vs. CBL & Associates Properties (CBL) Head to Head Comparison - June 9 at 10:46 AM logoKimco Realty Corp (KIM) Expected to Announce Quarterly Sales of $291.49 Million - June 8 at 1:08 PM logoWednesday Sector Leaders: Financial, Utilities - June 7 at 5:46 PM logoHome is increasingly where the shopping cart is, as big retail property owners retool [] - June 7 at 9:41 AM logoREITs Deserve Cornerstone Status - June 7 at 9:41 AM logoKimco Realty Corp (KIM) Director Philip E. Coviello, Jr. Acquires 20,000 Shares - June 6 at 7:50 PM logo Brokerages Anticipate Kimco Realty Corp (KIM) Will Announce Earnings of $0.38 Per Share - June 6 at 8:26 AM logoKimco Realty Corp (KIM) Downgraded to Hold at ValuEngine - June 2 at 3:08 PM logoFY2021 EPS Estimates for Kimco Realty Corp (KIM) Decreased by Analyst - June 2 at 11:46 AM logoKimco Realty Corporation To Present at REITWeek 2017 NAREIT's Investor Forum - Business Wire (press release) - June 2 at 5:00 AM logoKimco Realty Corporation To Present at REITWeek 2017 NAREIT’s Investor Forum - June 1 at 6:58 PM logoSunTrust Banks Comments on Kimco Realty Corp's Q2 2017 Earnings (KIM) - June 1 at 7:52 AM logoHow Wall Street Analysts View GGP - June 1 at 7:41 AM logoREIT Income Stock Yields 6.0%, Strong Portfolio Stats And Dividend Coverage, Attractive Valuation - Seeking Alpha - May 31 at 6:32 PM logoKimco Realty Corp (KIM) Given Consensus Recommendation of "Buy" by Analysts - May 30 at 12:38 AM logoKimco Realty : A Good Dividend Buy From A Disfavored Sector - Seeking Alpha - May 19 at 10:41 AM logoEtsy, Sina gain; Virtusa, Dick's Sporting Goods fall - May 16 at 4:57 PM



Kimco Realty Corporation (KIM) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by Staff