Kimco Realty Corporation Company Profile (NYSE:KIM)

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

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.

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.

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.

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.

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)

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.

Some companies that are related to Kimco Realty Corporation include Regency Centers Corporation (REG), Macerich Company (The) (MAC), National Retail Properties (NNN), Brixmor Property Group (BRX), Weingarten Realty Investors (WRI), Taubman Centers (TCO), CoreSite Realty Corporation (COR), DDR Corp. (DDR), Retail Properties of America (RPAI), Tanger Factory Outlet Centers (SKT), Urban Edge Properties (UE), Acadia Realty Trust (AKR), Retail Opportunity Investments Corp. (ROIC), American Assets Trust (AAT), Washington Prime Group (WPG), Kite Realty Group Trust (KRG), Four Corners Property Trust (FCPT) and Agree Realty Corporation (ADC).

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

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.

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.

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.

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.

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