Kimco Realty Corporation (NYSE:KIM – Get Free Report) has been given an average rating of “Hold” by the fourteen ratings firms that are covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $25.00.
Several equities analysts have commented on KIM shares. Wall Street Zen raised shares of Kimco Realty from a “sell” rating to a “hold” rating in a report on Sunday, April 26th. Robert W. Baird set a $25.00 price target on shares of Kimco Realty in a report on Friday, February 13th. Weiss Ratings raised shares of Kimco Realty from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on shares of Kimco Realty from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Finally, Morgan Stanley lifted their price target on shares of Kimco Realty from $23.50 to $24.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th.
View Our Latest Research Report on KIM
Institutional Investors Weigh In On Kimco Realty
Kimco Realty Price Performance
KIM stock opened at $24.15 on Monday. The company has a quick ratio of 3.78, a current ratio of 3.78 and a debt-to-equity ratio of 0.78. Kimco Realty has a 12 month low of $19.76 and a 12 month high of $24.31. The firm has a market cap of $16.29 billion, a P/E ratio of 28.08, a P/E/G ratio of 1.31 and a beta of 0.97. The company’s 50-day moving average price is $23.21 and its two-hundred day moving average price is $21.85.
Kimco Realty (NYSE:KIM – Get Free Report) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. Kimco Realty had a net margin of 28.54% and a return on equity of 5.82%. The firm had revenue of $558.02 million for the quarter, compared to analyst estimates of $542.73 million. During the same period last year, the firm earned $0.44 EPS. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. On average, analysts anticipate that Kimco Realty will post 1.83 earnings per share for the current fiscal year.
Kimco Realty Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.04 annualized dividend and a dividend yield of 4.3%. Kimco Realty’s payout ratio is 120.93%.
Kimco Realty Company Profile
Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.
Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.
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