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Real Estate - REIT - Retail - NYSE - US
$ 24.89
0.688 %
$ 16.8 B
Market Cap
46.09
P/E
1. INTRINSIC VALUE

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross 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 more than 60 years.[ Read More ]

The intrinsic value of one KIM stock under the base case scenario is HIDDEN Compared to the current market price of 24.9 USD, Kimco Realty Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart KIM

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FINANCIALS
1.78 B REVENUE
3.22%
639 M OPERATING INCOME
12.97%
666 M NET INCOME
481.44%
1.07 B OPERATING CASH FLOW
24.44%
-137 M INVESTING CASH FLOW
-116.69%
-301 M FINANCING CASH FLOW
69.40%
503 M REVENUE
-0.44%
171 M OPERATING INCOME
6.50%
144 M NET INCOME
21.02%
296 M OPERATING CASH FLOW
0.64%
-82.6 M INVESTING CASH FLOW
60.87%
449 M FINANCING CASH FLOW
586.95%
Balance Sheet Decomposition Kimco Realty Corporation
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Current Assets 1.42 B
Cash & Short-Term Investments 784 M
Receivables 308 M
Other Current Assets 330 M
Non-Current Assets 16.9 B
Long-Term Investments 1.23 B
PP&E 128 M
Other Non-Current Assets 15.5 B
Current Liabilities 222 M
Accounts Payable 216 M
Short-Term Debt 0
Other Current Liabilities 5.31 M
Non-Current Liabilities 8.29 B
Long-Term Debt 7.71 B
Other Non-Current Liabilities 576 M
EFFICIENCY
Earnings Waterfall Kimco Realty Corporation
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Revenue 1.78 B
Cost Of Revenue 557 M
Gross Profit 1.23 B
Operating Expenses 588 M
Operating Income 639 M
Other Expenses -27.2 M
Net Income 666 M
RATIOS
68.78% GROSS MARGIN
68.78%
35.82% OPERATING MARGIN
35.82%
36.69% NET MARGIN
36.69%
6.87% ROE
6.87%
3.58% ROA
3.58%
3.37% ROIC
3.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Kimco Realty Corporation
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Net Income 666 M
Depreciation & Amortization 507 M
Capital Expenditures 0
Stock-Based Compensation 33.1 M
Change in Working Capital 4.39 M
Others -159 M
Free Cash Flow 1.07 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Kimco Realty Corporation
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Wall Street analysts predict an average 1-year price target for KIM of $23.2 , with forecasts ranging from a low of $20 to a high of $28 .
KIM Lowest Price Target Wall Street Target
20 USD -19.65%
KIM Average Price Target Wall Street Target
23.2 USD -6.70%
KIM Highest Price Target Wall Street Target
28 USD 12.49%
4. DIVIDEND ANALYSIS
1.09% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Kimco Realty Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.1 M USD 1
6-9 MONTHS
173 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 02, 2024
Sell 1.1 M USD
Jamieson David
Chief Operating Officer
- 50000
21.9208 USD
9 months ago
Feb 13, 2024
Sell 173 K USD
LOURENSO FRANK
Director
- 8890
19.421 USD
1 year ago
Feb 28, 2023
Sell 199 K USD
LOURENSO FRANK
Director
- 9630
20.701 USD
2 years ago
Oct 14, 2022
Sell 301 M USD
KIMSOUTH REALTY INC
Director
- 11500000
26.18 USD
2 years ago
May 03, 2022
Sell 251 K USD
COHEN GLENN GARY
Exec VP, CFO & Treasurer
- 10000
25.07 USD
2 years ago
Feb 22, 2022
Sell 192 K USD
LOURENSO FRANK
Director
- 8188
23.4513 USD
2 years ago
Dec 21, 2021
Sell 129 K USD
LOURENSO FRANK
Director
- 5500
23.3869 USD
2 years ago
Nov 19, 2021
Sell 95.2 K USD
WESTBROOK PAUL
VP, Chief Accounting Officer
- 4000
23.8121 USD
3 years ago
Nov 12, 2021
Sell 130 K USD
SALTZMAN RICHARD B
Director
- 5500
23.6019 USD
3 years ago
Jun 02, 2021
Sell 1.98 M USD
Jamieson David
Chief Operating Officer
- 89102
22.25 USD
4 years ago
Mar 16, 2020
Bought 214 K USD
COVIELLO PHILIP E JR
Director
+ 20000
10.7043 USD
4 years ago
Mar 09, 2020
Sell 123 K USD
LOURENSO FRANK
Director
- 7770
15.8411 USD
4 years ago
Feb 18, 2020
Sell 95.3 K USD
LOURENSO FRANK
Director
- 5000
19.0689 USD
5 years ago
Sep 13, 2019
Sell 100 K USD
SALTZMAN RICHARD B
Director
- 5000
20.0566 USD
5 years ago
Jun 21, 2019
Sell 63.7 K USD
LOURENSO FRANK
Director
- 3380
18.8424 USD
5 years ago
Mar 26, 2019
Sell 301 K USD
Jamieson David
Chief Operating Officer
- 16435
18.3323 USD
5 years ago
Mar 22, 2019
Sell 55 K USD
GRILLS JOE
Director
- 3000
18.3304 USD
5 years ago
Mar 22, 2019
Sell 67.8 K USD
LOURENSO FRANK
Director
- 3713
18.2725 USD
5 years ago
Mar 22, 2019
Sell 101 K USD
SALTZMAN RICHARD B
Director
- 5500
18.3906 USD
5 years ago
Dec 20, 2018
Bought 74.5 K USD
COVIELLO PHILIP E JR
Director
+ 5000
14.9088 USD
6 years ago
Aug 01, 2018
Bought 90.5 K USD
COVIELLO PHILIP E JR
Director
+ 5500
16.46 USD
6 years ago
Feb 28, 2018
Bought 151 K USD
COVIELLO PHILIP E JR
Director
+ 10000
15.0946 USD
6 years ago
Feb 27, 2018
Bought 82.7 K USD
COVIELLO PHILIP E JR
Director
+ 5500
15.0294 USD
6 years ago
Feb 27, 2018
Sell 51.7 K USD
LOURENSO FRANK
Director
- 3380
15.2922 USD
6 years ago
Dec 04, 2017
Bought 960 K USD
COOPER MILTON
Executive Chairman
+ 50000
19.2 USD
7 years ago
Jun 05, 2017
Bought 347 K USD
COVIELLO PHILIP E JR
Director
+ 20000
17.3715 USD
7 years ago
May 08, 2017
Bought 97.2 K USD
COVIELLO PHILIP E JR
Director
+ 5000
19.4315 USD
7 years ago
May 09, 2017
Bought 48.7 K USD
COVIELLO PHILIP E JR
Director
+ 2500
19.4618 USD
7 years ago
Feb 13, 2017
Sell 160 K USD
LOURENSO FRANK
Director
- 6389
25.0624 USD
7 years ago
Feb 15, 2017
Bought 120 K USD
COOPER MILTON
Executive Chairman
+ 5000
24.0691 USD
8 years ago
Aug 08, 2016
Bought 31.2 K USD
COVIELLO PHILIP E JR
Director
+ 1000
31.167 USD
8 years ago
May 09, 2016
Sell 1.73 M USD
Flynn Conor C
President and CEO
- 58300
29.7206 USD
8 years ago
Mar 29, 2016
Sell 212 K USD
WESTBROOK PAUL
VP - Cheif Accounting Officer
- 7429
28.483 USD
8 years ago
Mar 15, 2016
Sell 238 K USD
COHEN GLENN GARY
EVP - CFO and Treasurer
- 8500
27.98 USD
8 years ago
Mar 17, 2016
Sell 424 K USD
COHEN GLENN GARY
EVP - CFO and Treasurer
- 14800
28.67 USD
8 years ago
Feb 16, 2016
Sell 162 K USD
LOURENSO FRANK
Director
- 6099
26.49 USD
9 years ago
Mar 16, 2015
Sell 201 K USD
WESTBROOK PAUL
VP - Chief Accounting Officer
- 7571
26.5 USD
9 years ago
Feb 18, 2015
Sell 155 K USD
LOURENSO FRANK
Director
- 5843
26.6032 USD
10 years ago
Nov 04, 2014
Sell 540 K USD
HUGHES F PATRICK
Director
- 21500
25.1329 USD
10 years ago
Oct 24, 2014
Sell 1.05 M USD
HENRY DAVID
CEO
- 43600
24 USD
10 years ago
Aug 18, 2014
Sell 252 K USD
COHEN GLENN GARY
EVP - CFO & Treasurer
- 10900
23.08 USD
10 years ago
Aug 08, 2014
Bought 1.11 M USD
COOPER MILTON
Executive Chairman
+ 50000
22.22 USD
10 years ago
Jul 15, 2014
Bought 6.65 K USD
LOURENSO FRANK
Director
+ 286.1743
23.23 USD
10 years ago
Jul 15, 2014
Bought 6.65 K USD
LOURENSO FRANK
Director
+ 286.1743
23.23 USD
10 years ago
May 12, 2014
Sell 85.4 K USD
WESTBROOK PAUL
VP - Chief Accounting Officer
- 3750
22.7708 USD
10 years ago
Mar 19, 2014
Sell 27.5 K USD
LOURENSO FRANK
Director
- 1250
21.9656 USD
10 years ago
Mar 11, 2014
Sell 90.4 K USD
LOURENSO FRANK
Director
- 4125
21.917 USD
10 years ago
Mar 11, 2014
Sell 90.4 K USD
LOURENSO FRANK
Director
- 4125
21.917 USD
7. News
Sector Spotlight: Shopping Center REITs Blackstone's acquisition of Retail Opportunity Investments Corp. highlights increased M&A activity in the retail real estate sector, raising speculation on future deals. Retail REITs have shown strong returns in 2024, driven by robust leasing, occupancy, and impressive Same Store Net Operating Income growth. Retail REITs now trade at or near Net Asset Value, reflecting improved market sentiment and potential for continued share price appreciation. seekingalpha.com - 4 days ago
Kimco Realty Stock Rises 31% in Six Months: What You Should Know KIM's focus on grocery-anchored centers, mixed-use assets and a solid balance sheet position is likely to bode well for long-term growth. zacks.com - 4 days ago
Kimco: 4% Yield And A Dividend Hike Is On The Cards Kimco Realty's Q3 funds from operations beat expectations, reaching $0.43 per share, and I anticipate a $0.01 dividend hike next quarter, boosting yield to 4.1%. The trust's diversified portfolio, focused on grocery-anchored shopping centers in major metro markets, ensures steady foot traffic and rental income growth. With a portfolio occupancy of 96.4% and limited new supply in the market, KIM is well-positioned for continued rental income growth. seekingalpha.com - 1 week ago
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer' Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” —Barron's Weekly. In an interview with Barron's, Steven Wieting, strategist at Citi Wealth, stated a growing dividend is a shareholder benefit and a hallmark of strong balance-sheets. “Nobody can fake a dividend,” he-said. seekingalpha.com - 1 week ago
Are You Looking for a Top Momentum Pick? Why Kimco Realty (KIM) is a Great Choice Does Kimco Realty (KIM) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 1 week ago
Kimco Q3 FFO & Revenues Surpass Estimates, '24 Outlook Raised KIM's Q3 results reflect better-than-anticipated revenues. However, a rise in interest expenses acts as a dampener. zacks.com - 2 weeks ago
Kimco Realty Corporation (KIM) Q3 2024 Earnings Call Transcript Kimco Realty Corporation (NYSE:KIM ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants David Bujnicki - SVP, IR Conor Flynn - CEO Ross Cooper - President & CIO Glenn Cohen - CFO Conference Call Participants Alexander Goldfarb - Piper Sandler Michael Goldsmith - UBS Juan Sanabria - BMO Capital Markets Dori Kesten - Wells Fargo Jeff Spector - Bank of America Samir Khanal - Evercore ISI Floris van Dijkum - Compass Point Craig Mailman - Citi Ravi Vaidya - Mizuho Greg McGinniss - Deutsche Bank Caitlin Burrows - Goldman Sachs Linda Tsai - Jefferies Wes Golladay - Baird Paulina Rojas - Green Street Capital Michael Mueller - JP Morgan Ronald Kamdem - Morgan Stanley Operator Hello and welcome to the Kimco Realty Third Quarter 2024 Earnings Conference Call. All participants will be in listen only mode. seekingalpha.com - 2 weeks ago
Compared to Estimates, Kimco Realty (KIM) Q3 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Kimco Realty (KIM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 2 weeks ago
Kimco Realty (KIM) Q3 FFO and Revenues Surpass Estimates Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to FFO of $0.40 per share a year ago. zacks.com - 2 weeks ago
Kimco Realty® Announces Third Quarter 2024 Results – Portfolio Occupancy Matches All-Time High – – Board Increases Quarterly Cash Dividend on Common Shares by 4.2% – – Raises 2024 Outlook – JERICHO, N.Y., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today reported results for the third quarter ended September 30, 2024. globenewswire.com - 2 weeks ago
Seeking Clues to Kimco Realty (KIM) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics Evaluate the expected performance of Kimco Realty (KIM) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. zacks.com - 2 weeks ago
What's in the Cards for Kimco Realty Stock in Q3 Earnings? While a healthy retail real estate market and focus on developing mixed-use assets are likely to aid KIM's Q3 earnings, high interest expenses may have hurt it. zacks.com - 2 weeks ago
8. Profile Summary

Kimco Realty Corporation KIM

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COUNTRY US
INDUSTRY REIT - Retail
MARKET CAP $ 16.8 B
Dividend Yield 1.09%
Description Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross 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 more than 60 years.
Contact 500 North Broadway, Jericho, NY, 11753 https://www.kimcorealty.com
IPO Date Nov. 22, 1991
Employees 660
Officers Mr. David F. Bujnicki Senior Vice President of Investor Relations & Strategy Mr. Bruce M. Rubenstein Executive Vice President, General Counsel & Secretary Mr. Conor C. Flynn Chief Executive Officer & Director Mr. Milton Cooper Co-Founder & Executive Chairman Mr. Ross Cooper President & Chief Investment Officer Mr. Glenn Gary Cohen CPA Executive Vice President & Chief Financial Officer Mr. David Jamieson Executive Vice President & Chief Operating Officer Mr. Paul Westbrook Vice President & Chief Accounting Officer Mr. Kenneth Fisher Vice President & Chief Technology Officer Mr. Thomas R. Taddeo Executive Vice President & Chief Information Officer