Shares of Kimco Realty Corporation (NYSE:KIM – Get Free Report) have earned an average rating of “Moderate Buy” from the seventeen brokerages that are presently covering the company, MarketBeat.com reports. Nine research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $25.8824.
Several research firms have commented on KIM. Raymond James Financial reaffirmed a “strong-buy” rating and set a $29.00 price objective on shares of Kimco Realty in a research note on Monday, June 29th. Jefferies Financial Group upgraded Kimco Realty to a “hold” rating in a research note on Friday, June 26th. Stifel Nicolaus set a $28.00 target price on Kimco Realty in a report on Thursday, June 11th. UBS Group upped their price target on Kimco Realty from $26.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Evercore set a $25.00 price target on Kimco Realty in a research note on Friday, May 1st.
Check Out Our Latest Research Report on Kimco Realty
Institutional Trading of Kimco Realty
Kimco Realty Trading Up 0.9%
NYSE KIM opened at $25.09 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.78 and a current ratio of 3.78. The firm has a market cap of $16.92 billion, a PE ratio of 29.18, a P/E/G ratio of 2.74 and a beta of 0.95. Kimco Realty has a one year low of $19.76 and a one year high of $26.08. The firm’s fifty day moving average is $24.49 and its two-hundred day moving average is $23.02.
Kimco Realty (NYSE:KIM – Get Free Report) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. Kimco Realty had a net margin of 28.54% and a return on equity of 5.82%. The business had revenue of $558.02 million during the quarter, compared to analysts’ expectations of $542.73 million. During the same period in the prior year, the company earned $0.44 earnings per share. The business’s 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. Analysts expect that Kimco Realty will post 1.83 earnings per share for the current year.
Kimco Realty Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, June 5th. Kimco Realty’s payout ratio is currently 120.93%.
About Kimco Realty
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.
Featured Articles
- Five stocks we like better than Kimco Realty
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
Receive News & Ratings for Kimco Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimco Realty and related companies with MarketBeat.com's FREE daily email newsletter.
