Kimco Realty(KIM)
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Kimco Realty: Still A Buy After Rally?
Seeking Alpha· 2024-11-25 21:42
Kimco Realty Corporation (NYSE: KIM ) is up 23% year-to-date on a total return basis with investors also recently treated to a dividend hike. The retail REIT last declared a quarterly cash dividend of $0.25 per shareThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, an ...
Kimco Realty® Receives Nareit's 2024 Retail Leader in the Light Award
GlobeNewswire News Room· 2024-11-20 22:32
JERICHO, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and a leading owner and operator of high-quality, open-air, grocery-anchored shopping centers, and mixed-use assets in the United States, today announced it has received Nareit’s 2024 Leader in the Light Award for Retail for the third consecutive year, marking the fifth time overall that the company has received this prestigious recognition for its sustainability initiatives. The Leader in the ...
Kimco Realty Stock Rises 31% in Six Months: What You Should Know
ZACKS· 2024-11-12 17:51
Shares of Kimco Realty (KIM) have gained 30.9% in the past six months compared with its industry’s rally of 15.6%.This Jericho, NY-based retail real estate investment trust (REIT) is well-poised to benefit from its portfolio of premium shopping centers, predominantly grocery-anchored, in the drivable first-ring suburbs within key major metropolitan Sunbelt and coastal markets. Its focus on developing mixed-use assets and a healthy balance sheet position bode well for long-term growth.Last month, the company ...
Kimco: 4% Yield And A Dividend Hike Is On The Cards
Seeking Alpha· 2024-11-08 10:12
Quarterly results of Kimco Realty Corporation (NYSE: KIM ) were better-than-anticipated last week, with third quarter funds from operations reaching $0.43 per share, beating expectations by two cents per share.A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide rea ...
Are You Looking for a Top Momentum Pick? Why Kimco Realty (KIM) is a Great Choice
ZACKS· 2024-11-06 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Kimco Q3 FFO & Revenues Surpass Estimates, '24 Outlook Raised
ZACKS· 2024-10-31 17:46
Kimco Realty Corp. (KIM) has reported third-quarter 2024 funds from operations (FFO) per share of 41 cents, which beat the Zacks Consensus Estimate of 40 cents. The metric grew 7.5% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.This retail REIT clocked in revenues of $507.6 million, which topped the consensus mark of $500.3 million. The figure improved 13.8% year over year.Although Kimco reported year over year revenue growth, a rise in interest expenses ...
Kimco Realty(KIM) - 2024 Q3 - Quarterly Report
2024-10-31 17:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________to_________ Commission File Number: 1-10899 (Kimco Realty Corporation) Commission File Number: 333-269102-01 (Kimco Realty OP, LLC) KIMCO REALTY CORPORATION ...
Kimco Realty(KIM) - 2024 Q3 - Earnings Call Transcript
2024-10-31 16:07
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 - D ...
Compared to Estimates, Kimco Realty (KIM) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-31 14:36
Kimco Realty (KIM) reported $507.63 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 13.8%. EPS of $0.43 for the same period compares to $0.18 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $500.29 million, representing a surprise of +1.47%. The company delivered an EPS surprise of +4.88%, with the consensus EPS estimate being $0.41.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...
Kimco Realty (KIM) Q3 FFO and Revenues Surpass Estimates
ZACKS· 2024-10-31 13:01
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. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.88%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.40 per share when it actually produced FFO of $0.41, delivering a surprise of 2.50%.Over the last four quarters ...