amriphoto The stock price of Kimco Realty Corporation (NYSE:KIM) has surged since July, indicating that passive income investors have warm up again to shopping center-focused real estate investment trusts. Kimco Realty is growing its net operating income and funds from operations, and the portfolio has strong lease metrics as well, particularly with respect to occupancy and rents. I think that Kimco Realty offers passive income investors a very high quality 4.2% dividend yield that has a high margin of ...

JERICHO, N.Y., Sept. 09, 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 the company achieved an ‘A-’ credit rating with a stable outlook from Fitch Ratings (“Fitch”), making it one of just 12 publicly-listed U.S. REITs with a credit rating of ‘A-’ equivalent or better. In its public announcement, Fitch noted “Ki ...

buzbuzzer Kimco Realty Corporation (NYSE:KIM), incorporated in 1958 and headquartered in Jericho, NY, is a self-administered REIT that primarily owns, acquires, redevelops, and manages grocery-anchored shopping centers in markets all over the country. The market dynamics are interesting and provide value investors with a good hunting ground for opportunities, but Kimco Realty doesn't seem like one. Though its investment-grade balance sheet, strong liquidity, and relatively good recent performance are at ...

JERICHO, N.Y., Sept. 04, 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, announced today that it has amended and upsized its unsecured term loan to $550 million from the prior amount of $500 million. The amendment added one bank with the terms, applicable spread, maturity date and credit covenants unchanged from the term loan agr ...

SweetBabeeJayKimco Realty (NYSE:KIM) has been on a sustained rally since mid-June, when it hit a low due to a market comedown from previously buoyant expectations that the Fed would be extremely aggressive with rate cuts in 2024. This was a period when the probability that the Fed would keep rates unchanged for much of 2024, represented by grey, ramped up exponentially. It's now August and expectations have reverted with the Fed likely to begin rate cuts at its September 18th FOMC meeting. The CME FedWa ...

Shares of Kimco Realty (KIM) have gained 17.2% in the past three months compared with its industry’s rally of 13.3%.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.This month, ...

JERICHO, N.Y., Aug. 13, 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 the publication of its fourth Green Bond Report, outlining the use of the net proceeds and the associated estimated environmental impact of the company’s inaugural green bond, issued in July of 2020. The $493.7 million in net proceeds from th ...

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 June 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 KIMC ...

Kimco Realty Corp. (KIM) reported second-quarter 2024 funds from operations (FFO) per share of 41 cents, which beat the Zacks Consensus Estimate of 40 cents. The reported figure grew 5.1% from the year-ago quarter’s tally.Though Kimco reported growth in revenues, a rise in interest expenses acted as a dampener.This retail REIT clocked in revenues of $500.2 million, which topped the consensus mark of $496.9 million. Moreover, the figure improved 13% year over year.According to Conor Flynn, CEO of Kimco, "Our ...

Kimco Realty Corporation (NYSE:KIM) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants David Bujnicki - SVP, IR Conor Flynn - CEO Ross Cooper - President & CIO Glenn Cohen - CFO Conference Call Participants Michael Goldsmith - UBS Samir Khanal - Evercore ISI Dori Kesten - Wells Fargo Juan Sanabria - BMO Capital Markets Greg McGinniss - Deutsche Bank Craig Mailman - Citi Alexander Goldfarb - Piper Sandler Floris van Dijkum - Compass Point Jeff Spector - Bank of America Ronald Kam ...