The upcoming report from Kimco Realty (KIM) is expected to reveal quarterly earnings of $0.41 per share, indicating an increase of 2.5% compared to the year-ago period. Analysts forecast revenues of $500.93 million, representing an increase of 12.3% year over year.Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the cou ...

Kimco Realty Corporation (KIM) is slated to report third-quarter 2024 results on Oct. 31, before the opening bell. The company's quarterly results are likely to display year-over-year growth in revenues and funds from operations (FFO) per share. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the last reported quarter, this Jericho, NY-based retail real estate investment trust (REIT) outpaced the Zacks Consensus Estimate by 2.5% in terms of FFO per share. Though Kimco reported y ...

Falling interest rates could create a tailwind for REITs, and these could be great ways to invest.A falling-rate environment is often good for real estate investment trusts (REITs). In this video, longtime Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe discuss their current favorite real estate stocks.*Stock prices used were the morning prices of Oct. 3, 2024. The video was published on Oct. 7, 2024. ...

Investors might want to bet on Kimco Realty (KIM) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The ...

Core Viewpoint - Kimco Realty has acquired Waterford Lakes Town Center for $322 million, enhancing its presence in the Orlando market and increasing its portfolio to 18 centers with over four million square feet of gross leasable area [1][4]. Acquisition Details - The acquisition includes the assumption of a $164 million mortgage and the property is approximately 99% occupied, featuring a tenant mix that combines lifestyle, entertainment, and essential goods [1][2]. - Waterford Lakes Town Center is located in a high-demand area with a population of over 228,000 and an average household income of $111,000 within a five-mile radius, contributing to 13.6 million annual visits [2]. Financial Guidance - Following the acquisition, Kimco expects total acquisitions and structured investments for 2024 to be between $565 million and $625 million, a significant increase from the previous range of $300 million to $350 million [3]. - Dispositions for 2024 are projected to be between $250 million and $300 million, down from the earlier estimate of $300 million to $350 million [3]. Strategic Positioning - Kimco's portfolio consists of high-quality, grocery-anchored shopping centers in key metropolitan areas, which are expected to provide resilience during economic downturns and stable income [4]. - The acquisition aligns with Kimco's strategy to expand its premium shopping center portfolio focused on essential goods and services, indicating a strong long-term growth potential [4]. Market Performance - Kimco's shares have increased by 23% over the past six months, outperforming the industry growth of 17.1% [4].

– Florida’s Premier Grocery-Anchored Lifestyle Center and Retail Landmark – – One of Florida’s Top Retail Destinations with Nearly 14 Million Annual Visits – JERICHO, New York, Oct. 01, 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, is pleased to announce the acquisition of Waterford Lakes Town Center, a 976,000-square-foot signa ...

Shares of Kimco Realty (KIM) have soared 25.9% in the past three months compared with its industry’s rally of 17.2%.This Jericho, NY-based retail real estate investment trust (REIT) is well-poised to benefit from its portfolio of premium shopping centers, which are 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.Analysts se ...

Melpomenem The yield curve is bouncing around quite rapidly these days, with constantly moving speculation on when and how much more the Fed will cut. The curve has successfully uninverted, making the treasury market start to look somewhat normal/healthy. However, there is still quite a bit of chaos in the rest of fixed income. Spreads are all over the place, with mispricing facilitating the capture of outsized yield along with substantial capital appreciation potential in the move back to par. This article ...

JERICHO, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that its subsidiary, Kimco Realty OP, LLC (“Kimco OP” and, together with the Company, “Kimco”), has priced a public offering of $500 million aggregate principal amount of 4.850% notes due 2035 (the “notes”) with an effective yield of 4.873%, maturing March 1, 2035. The notes will be fully and unconditionally guaranteed by the Company. The offering is expected to settle on September 16, 2024 ...

JERICHO, N.Y., Sept. 12, 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-used properties in the United States, today announced that S&P Global Ratings (“S&P”) revised its rating outlook for KIM to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB+’ Issuer Credit Rating. In its public announcement, S&P noted “The positive outlook reflect ...