About Kimco Realty (NYSE:KIM)
Kimco 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 June 30, 2017, the Company had interests in 510 shopping center properties, including 84 million square feet of gross leasable area (GLA), located in 32 states, Puerto Rico and Canada. As of March 31, 2017, the Company had 380 other property interests, primarily through the Company's preferred equity investments and other real estate investments, totaling 5.8 million square feet of GLA.
Industry, Sector and Symbol
Industry Retail REITs
Trailing P/E Ratio19.0813953488372
Forward P/E Ratio10.59
Sales & Book Value
Annual Sales$1.17 billion
Price / Sales5.97
Cash Flow$1.73 per share
Price / Cash9.50
Book Value$12.71 per share
Price / Book1.29
Net Income$378.85 million
Return on Equity7.73%
Return on Assets3.65%
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 Thursday, October 26th. Investors of record on Tuesday, January 2nd will be paid a dividend of $0.28 per share on Tuesday, January 16th. This represents a $1.12 annualized dividend and a yield of 6.83%. The ex-dividend date is Friday, December 29th. This is an increase from Kimco Realty's previous quarterly dividend of $0.27. View Kimco Realty's Dividend History.
How were Kimco Realty's earnings last quarter?
Kimco Realty Corp (NYSE:KIM) released its quarterly earnings results on Wednesday, October, 25th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.13. The real estate investment trust had revenue of $290.92 million for the quarter, compared to analyst estimates of $295.34 million. Kimco Realty had a return on equity of 7.73% and a net margin of 35.51%. Kimco Realty's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.38 EPS. View Kimco Realty's Earnings History.
When will Kimco Realty make its next earnings announcement?
What guidance has Kimco Realty issued on next quarter's earnings?
Kimco Realty issued an update on its FY17 earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of $1.51-1.52 for the period, compared to the Thomson Reuters consensus estimate of $1.52.
Where is Kimco Realty's stock going? Where will Kimco Realty's stock price be in 2018?
14 equities research analysts have issued 1-year target prices for Kimco Realty's stock. Their forecasts range from $18.00 to $34.00. On average, they anticipate Kimco Realty's share price to reach $21.84 in the next year. View Analyst Ratings for Kimco Realty.
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 Realty have underperformed the industry it belongs to, in the past three months. Moreover, the stock has seen the Zacks Consensus Estimate for full-year 2017 funds from operations (FFO) per share being revised downward in a month’s time. Notably, decreasing footfall at malls amid shift of consumers toward online channels, store closures and bankruptcy of retailers are likely to hurt the performance of this retail REIT. Also, the dilutive impact on earnings from sale of assets cannot be bypassed in the near term. However, its redevelopment and development efforts, non-core asset dispositions and measures to enhance small shops portfolio have capacity to drive long-term growth." (1/2/2018)
- 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)
- 3. Canaccord Genuity analysts commented, "We view Kimco’s stock as oversold amid the negative sector headwinds and reiterate our BUY rating." (4/27/2017)
Who are some of Kimco Realty's key competitors?
Some companies that are related to Kimco Realty include Regency Centers (REG), Macerich (MAC), National Retail Properties (NNN), Brixmor Property Group (BRX), CoreSite Realty (COR), Weingarten Realty Investors (WRI), Taubman Centers (TCO), DDR (DDR), Retail Properties of America (RPAI), Urban Edge Properties (UE), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), Kite Realty Group Trust (KRG), Four Corners Property Trust (FCPT), Agree Realty (ADC), Washington Prime Group (WPG) and Saul Centers (BFS).
Who are Kimco Realty's key executives?
Kimco Realty's management team includes the folowing people:
- Milton Cooper, Executive Chairman of the Board, Co-Founder (Age 88)
- Ross Cooper, President, Chief Investment Officer (Age 34)
- Conor C. Flynn, Chief Executive Officer, Director (Age 36)
- Glenn G. Cohen, Chief Financial Officer, Executive Vice President, Treasurer (Age 53)
- David Jamieson, Chief Operating Officer, Executive Vice President (Age 36)
- Richard G. Dooley, Lead Independent Director (Age 87)
- Philip E. Coviello Jr., Independent Director (Age 74)
- Joe Grills, Independent Director (Age 81)
- Mary Hogan Preusse, Independent Director (Age 48)
- Frank Lourenso, Independent Director (Age 76)
Who owns Kimco Realty stock?
Kimco Realty's stock is owned by many different of retail and institutional investors. Top institutional shareholders include
JPMORGAN CHASE & COMPANY
(3.90%), Schwab Charles Investment Management Inc. (1.08%), Bank of Montreal Can (0.09%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.02%) and Exxonmobil Investment Management Inc. TX (0.02%). Company insiders that own Kimco Realty 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.
Who sold Kimco Realty stock? Who is selling Kimco Realty stock?
Kimco Realty's stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, Nisa Investment Advisors LLC, Community Bank & Trust Waco Texas and Exxonmobil Investment Management Inc. TX. View Insider Buying and Selling for Kimco Realty.
Who bought Kimco Realty stock? Who is buying Kimco Realty stock?
Kimco Realty's stock was acquired by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Bank of Montreal Can, State of Alaska Department of Revenue and Cascade Investment Advisors Inc.. 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 Kimco Realty stock?
Shares of Kimco Realty 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 Kimco Realty stock can currently be purchased for approximately $16.41.
How big of a company is Kimco Realty?
Kimco Realty has a market capitalization of $6.98 billion and generates $1.17 billion in revenue each year. The real estate investment trust earns $378.85 million in net income (profit) each year or $0.86 on an earnings per share basis. Kimco Realty employs 551 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 (KIM)MarketBeat's community ratings are surveys of what our community members think about Kimco Realty 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.
Kimco Realty (NYSE:KIM) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Buy||Buy|
|Consensus Rating Score: ||2.29||2.36||2.50||2.57|
|Ratings Breakdown: ||0 Sell Rating(s)|
10 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$21.84||$22.75||$24.43||$27.43|
|Price Target Upside: ||33.07% upside||20.67% upside||27.82% upside||50.45% upside|
Kimco Realty (NYSE:KIM) Consensus Price Target History
Kimco Realty (NYSE:KIM) Analyst Ratings History
(Data available from 1/22/2016 forward)
Kimco Realty (NYSE:KIM) Earnings History and Estimates Chart
Kimco Realty (NYSE KIM) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/25/2017||Q3 2017||$0.37||$0.24||$295.34 million||$290.92 million||View||N/A|
|7/26/2017||Q2 2017||$0.38||$0.31||$290.95 million||$292.84 million||View||N/A|
|4/26/2017||Q1 2017||$0.37||$0.37||$291.46 million||$293.60 million||View||N/A|
|2/2/2017||Q416||$0.38||$0.16||$288.40 million||$297.00 million||View||Listen|
|10/27/2016||Q316||$0.17||$0.18||$288.31 million||$285.08 million||View||N/A|
|4/27/2016||Q116||$0.37||$0.38||$292.80 million||$297.20 million||View||N/A|
|2/2/2016||Q415||$0.35||$0.37||$286.57 million||$300.90 million||View||N/A|
|11/4/2015||Q315||$0.37||$0.36||$286.40 million||$288.32 million||View||N/A|
|7/28/2015||Q215||$0.42||$0.44||$281.89 million||$289.10 million||View||Listen|
|5/6/2015||Q115||$0.35||$0.36||$262.00 million||$283.50 million||View||N/A|
|2/5/2015||Q414||$0.35||$0.35||$256.60 million||$264.51 million||View||N/A|
|7/29/2014||Q214||$0.34||$0.35||$240.85 million||$260.24 million||View||N/A|
|5/7/2014||Q114||$0.34||$0.34||$237.42 million||$246.90 million||View||N/A|
|2/4/2014||Q413||$0.33||$0.33||$238.02 million||$247.62 million||View||N/A|
|10/29/2013||Q313||$0.33||$0.33||$236.90 million||$241.50 million||View||N/A|
|7/30/2013||Q213||$0.33||$0.35||$240.37 million||$246.12 million||View||N/A|
|5/1/2013||Q113||$0.32||$0.33||$225.61 million||$241.20 million||View||N/A|
|2/5/2013||Q412||$0.32||$0.33||$227.24 million||$239.50 million||View||N/A|
|10/30/2012||Q312||$0.31||$0.31||$227.10 million||$231.88 million||View||N/A|
Kimco Realty (NYSE:KIM) Earnings Estimates
2018 EPS Consensus Estimate: $1.56
2019 EPS Consensus Estimate: $1.56
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Kimco Realty (NYSE:KIM) Dividend Information
|Most Recent Dividend:||1/16/2018|
|Dividend Growth:||6.30% (3 Year Average)|
|Payout Ratio:||130.23% (Trailing 12 Months of Earnings) |
72.26% (Based on This Year's Estimates)
72.73% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Kimco Realty (NYSE:KIM) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Kimco Realty (NYSE KIM) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 91.62%
Kimco Realty (NYSE KIM) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/4/2017||Milton Cooper||Insider||Buy||50,000||$19.20||$960,000.00|| |
|6/5/2017||Philip E Coviello Jr||Director||Buy||20,000||$17.37||$347,400.00||41,045|| |
|5/9/2017||Philip E Coviello Jr||Director||Buy||7,500||$19.44||$145,800.00||41,045|| |
|2/15/2017||Milton Cooper||Chairman||Buy||5,000||$24.07||$120,350.00||9,431,952|| |
|2/13/2017||Frank Lourenso||Director||Sell||6,389||$25.06||$160,108.34|| |
|8/8/2016||Philip E Coviello Jr||Director||Buy||1,000||$31.17||$31,170.00|| |
|5/9/2016||Conor C Flynn||CEO||Sell||58,300||$29.72||$1,732,676.00||447,826|| |
|3/29/2016||Paul Westbrook||VP||Sell||7,429||$28.48||$211,577.92||67,671|| |
|3/17/2016||Glenn Gary Cohen||CFO||Sell||23,300||$28.42||$662,186.00||222,742|| |
|2/16/2016||Frank Lourenso||Director||Sell||6,099||$26.49||$161,562.51||166,687|| |
|3/16/2015||Paul Westbrook||CAO||Sell||7,571||$26.50||$200,631.50|| |
|2/18/2015||Frank Lourenso||Director||Sell||5,843||$26.60||$155,423.80|| |
|11/4/2014||F Patrick Hughes||Director||Sell||21,500||$25.13||$540,295.00|| |
|10/24/2014||David Henry||CEO||Sell||43,600||$24.00||$1,046,400.00|| |
|8/18/2014||Glenn Gary Cohen||CFO||Sell||10,900||$23.08||$251,572.00|| |
|8/8/2014||Milton Cooper||Chairman||Buy||50,000||$22.22||$1,111,000.00|| |
|5/12/2014||Paul Westbrook||CAO||Sell||3,750||$22.77||$85,387.50||53,550|| |
|3/19/2014||Frank Lourenso||Director||Sell||1,250||$21.97||$27,462.50||190,842|| |
|3/11/2014||Frank Lourenso||Director||Sell||4,125||$21.92||$90,420.00||192,092|| |
|6/28/2013||Conor C Flynn||COO||Sell||2,000||$21.53||$43,060.00|| |
|5/17/2013||Michael V Pappagallo||COO||Sell||217,525||$24.32||$5,290,208.00|| |
|8/10/2012||Frank Lourenso||Director||Sell||1,375||$19.40||$26,675.00|| |
Kimco Realty (NYSE KIM) News Headlines
|Kimco Realty's Class J Preferred Stock Shares Cross 5.5% Yield Mark|
www.nasdaq.com - January 18 at 7:20 PM
|Relative Strength Alert For Kimco Realty|
www.nasdaq.com - January 17 at 11:12 AM
|Stock Traders Buy Large Volume of Call Options on Kimco Realty (KIM)|
www.americanbankingnews.com - January 12 at 2:00 AM
|Kimco Realty Corp (KIM) Expected to Post Quarterly Sales of $300.44 Million|
www.americanbankingnews.com - January 10 at 5:00 PM
|Kimco Realty Corp (KIM) to Post Q1 2018 Earnings of $0.37 Per Share, Boenning Scattergood Forecasts|
www.americanbankingnews.com - January 10 at 9:04 AM
|Kimco Realty Corp (KIM) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - January 10 at 5:38 AM
|Kimco Realty Corp (KIM) Expected to Announce Earnings of $0.38 Per Share|
www.americanbankingnews.com - January 8 at 9:36 AM
|Greater Baltimore real estate projects to watch in 2018|
www.bizjournals.com - January 5 at 12:45 PM
|Regency (REG) Buys Whole Food-Anchored Roosevelt Square|
finance.yahoo.com - January 4 at 11:07 AM
|Kimco Realty Corp. : KIM-US: Dividend Analysis : January 02nd, 2018 (record date) : By the numbers : January 2, 2018|
finance.yahoo.com - January 2 at 11:01 AM
|Kimco Realty (KIM) Downgraded by ValuEngine to Hold|
www.americanbankingnews.com - January 1 at 7:28 PM
|Weingarten Realty Investors (WRI)|
finance.yahoo.com - December 30 at 10:49 AM
|Kimco Realty Corp's 6.00% Class I Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon|
www.nasdaq.com - December 27 at 3:36 PM
|Technical Perspectives on GGP Inc., DDR Corp., Kimco Realty, and Weingarten Realty Investors|
www.bizjournals.com - December 27 at 11:23 AM
| Analysts Expect Kimco Realty Corp (KIM) Will Post Quarterly Sales of $300.44 Million|
www.americanbankingnews.com - December 25 at 8:32 PM
|High-Yield REIT Showdown: WP Carey Vs. Kimco Realty - Seeking Alpha|
seekingalpha.com - December 24 at 9:45 PM
|Reviewing AmREIT (AMRE) and Kimco Realty (KIM)|
www.americanbankingnews.com - December 24 at 1:32 AM
|First Week of KIM February 2018 Options Trading|
www.nasdaq.com - December 23 at 4:30 PM
|Zacks: Analysts Expect Kimco Realty Corp (KIM) to Post $0.38 Earnings Per Share|
www.americanbankingnews.com - December 23 at 3:07 AM
|Kimco Realty Corp: This 5.25% Preferred Stock Started Trading On The NYSE - Seeking Alpha|
seekingalpha.com - December 22 at 5:01 PM
|Sum Up The Parts: ICF Could Be Worth $110|
www.nasdaq.com - December 21 at 11:16 AM
|Kimco Realty Corp. breached its 50 day moving average in a Bearish Manner : KIM-US : December 20, 2017|
finance.yahoo.com - December 20 at 11:21 AM
|Mizuho Reiterates "Hold" Rating for Kimco Realty (KIM)|
www.americanbankingnews.com - December 19 at 12:38 AM
|Kimco Realty Corp (KIM) Short Interest Down 15.7% in November|
www.americanbankingnews.com - December 18 at 5:12 AM
|Kimco Realty Corp (KIM) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - December 16 at 6:02 AM
|Kimco Realty (KIM) Lowered to Neutral at J P Morgan Chase & Co|
www.americanbankingnews.com - December 15 at 5:50 PM
|Getting Under The Hood Of The Newest Kimco Preferred - Seeking Alpha|
seekingalpha.com - December 14 at 4:06 PM
|BRIEF-Kimco Realty Says Agreed To Sell To Underwriters 9.2 Mln Depositary Shares|
www.reuters.com - December 13 at 11:38 AM
|Kimco's (KIM) JV Sells Part of Mixed-Use Project for $24.8M|
finance.yahoo.com - December 11 at 11:56 AM
|$300.68 Million in Sales Expected for Kimco Realty Corp (KIM) This Quarter|
www.americanbankingnews.com - December 7 at 6:24 PM
|Milton Cooper Buys 50,000 Shares of Kimco Realty Corporation (KIM) Stock|
www.americanbankingnews.com - December 5 at 8:58 PM
|Kimco Realty Corp. breached its 50 day moving average in a Bullish Manner : KIM-US : December 5, 2017|
finance.yahoo.com - December 5 at 12:56 PM
|Kimco Realty Corporation (KIM) Expected to Post Earnings of $0.39 Per Share|
www.americanbankingnews.com - December 5 at 9:34 AM
|Kimco Realty Invites You to Join Its Fourth Quarter Earnings Conference Call|
finance.yahoo.com - December 4 at 11:43 AM
|Kimco Realty (KIM) Now Covered by Stifel Nicolaus|
www.americanbankingnews.com - November 30 at 8:22 PM
|Stock Traders Purchase High Volume of Put Options on Kimco Realty (KIM)|
www.americanbankingnews.com - November 30 at 5:16 AM
|Kimco Realty Bears: Beware The Potential For M&A - Benzinga|
www.benzinga.com - November 29 at 11:19 AM
|Kimco Realty Bears: Beware The Potential For M&A|
www.msn.com - November 27 at 5:13 PM
|Kimco Realty Corporation (KIM) Stock Rating Lowered by Robert W. Baird|
www.americanbankingnews.com - November 27 at 4:44 PM
|Rockefeller, Kimco sell Broward town center to IMC for $25M - South Florida Business Journal|
www.bizjournals.com - November 24 at 9:51 AM
|Rockefeller, Kimco sell Broward town center to IMC for $25M|
finance.yahoo.com - November 24 at 9:51 AM
|Kimco Realty Introduces Mill Station – A New, Open-Air Shopping and Dining Experience at Former Owings Mills Mall ... - Business Wire (press release)|
www.businesswire.com - November 22 at 1:35 AM
|Kimco Realty CEO: Retail is clearly out of favor and gett...|
finance.yahoo.com - November 22 at 1:35 AM
|Kimco Realty Introduces Mill Station – A New, Open-Air Shopping and Dining Experience at Former Owings Mills Mall Site|
finance.yahoo.com - November 22 at 1:35 AM
|Kimco Realty Corporation (KIM) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - November 21 at 5:56 AM
|Kimco Realty Corp. breached its 50 day moving average in a Bullish Manner : KIM-US : November 17, 2017|
finance.yahoo.com - November 17 at 10:43 AM
| Analysts Anticipate Kimco Realty Corporation (KIM) to Announce $0.39 EPS|
www.americanbankingnews.com - November 16 at 7:08 PM
|Robert W. Baird Reiterates "Buy" Rating for Kimco Realty Corporation (KIM)|
www.americanbankingnews.com - November 11 at 11:12 AM
|Private Management Group Inc Buys Discovery Communications Inc, Kimco Realty Corp, Green Plains ... - Nasdaq|
www.nasdaq.com - November 8 at 12:08 PM
|Kimco Begins Construction on The Boulevard, the Company’s $186 Million Signature Series Redevelopment on Staten Island|
finance.yahoo.com - November 7 at 6:15 AM
Kimco Realty (NYSE:KIM) SEC Filings
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Kimco Realty (NYSE:KIM) Income Statement, Balance Sheet and Cash Flow Statement
Kimco Realty (NYSE KIM) Stock Chart for Monday, January, 22, 2018