Core Viewpoint - Kimco Realty (KIM) has outperformed its industry with a stock price increase of 12.3% over the past three months, compared to the industry's 7.4% gain [1][9]. Group 1: Company Overview - Kimco Realty is a retail real estate investment trust (REIT) based in Jericho, NY, focusing on premium shopping centers that are primarily grocery-anchored in first-ring suburbs of major metropolitan areas in the Sunbelt and coastal markets [2][4]. - The company benefits from a diversified tenant base, which ensures stable cash flows, with 82% of its annual base rent (ABR) coming from national and regional tenants [5][6]. Group 2: Financial Performance and Projections - The Zacks Consensus Estimate for Kimco's 2025 funds from operations (FFO) per share has increased by 2 cents to $1.73 over the past two months, indicating positive analyst sentiment [3]. - Kimco achieved its target of 85% ABR for its grocery-anchored portfolio in Q1 2025, up from 78% in 2020, reflecting strong demand for its properties [6][9]. Group 3: Strategic Focus - The company emphasizes the development of mixed-use assets in economically strong metropolitan areas, which are benefiting from the recovery in both the apartment and retail sectors [7][10]. - Kimco maintains a solid balance sheet with $2 billion in immediate liquidity and investment-grade ratings, positioning it well for long-term growth opportunities [10].

Core Insights - Kimco Realty will announce its second quarter 2025 earnings on July 31, 2025, before market open [1] - The company is a leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the U.S. [2] - As of March 31, 2025, Kimco Realty owned interests in 567 U.S. shopping centers and mixed-use assets, totaling 101 million square feet of gross leasable space [2] Company Overview - Kimco Realty is publicly traded on the NYSE since 1991 and is included in the S&P 500 Index [2] - The company's portfolio is concentrated in first-ring suburbs of major metropolitan markets, including high-barrier coastal markets and Sun Belt cities [2] - The tenant mix focuses on essential, necessity-based goods and services that drive multiple shopping trips per week [2] Communication Strategy - The company announces material information through its investor relations website, SEC filings, press releases, public conference calls, and webcasts [3] - Kimco Realty also utilizes social media to communicate with investors and the public, encouraging stakeholders to review posted information [3]

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yie ...

JERICHO, N.Y., June 16, 2025 (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 5.300% notes due 2036 (the “notes”) with an effective yield of 5.354%, maturing February 1, 2036. The notes will be fully and unconditionally guaranteed by the Company. The offering is expected to settle on June 26, 2025, s ...

In a recent article, Dane Bowler described the persistent incongruity of shopping center operating performance and market share pricing of retail REITs. In almost every company’s recent earnings conference call, management bemoaned that their shares were trading at undeservedly steep discounts to intrinsic values. Since we are long a number of the issues, we sympathize with that sentiment, but the flip side perspective indicates the presence of opportunity. In this article, we present a few metrics that mig ...

Core Insights - The Zacks REIT and Equity Trust - Retail industry is benefiting from strong consumer spending, limited new supply, and the importance of physical stores, particularly in top-tier locations [1][3] - The industry is experiencing a rebound due to renewed consumer interest in in-store shopping, despite challenges from e-commerce and high interest rates [2][6] Industry Overview - The industry includes REITs that manage various retail properties, with performance influenced by economic conditions, employment levels, and consumer spending trends [2] - The shift towards experiential retail and mixed-use developments is revitalizing urban areas and enhancing customer engagement [3] Market Dynamics - Resilient consumer spending and limited new construction are key drivers for retail REITs, with a focus on prime locations and experiential retail [3][4] - High construction costs and labor constraints are limiting new development, leading to increased competition for well-located properties [5] E-commerce Impact - E-commerce growth is pressuring brick-and-mortar retailers, reducing the need for physical store expansion and impacting retail space demand [6] - Macroeconomic policies, including tariffs and inflation, are straining retailers' margins and increasing the risk of store closures [6] Industry Performance - The Zacks REIT and Equity Trust - Retail industry has underperformed the broader Zacks Finance sector and the S&P 500 over the past year, with a 6.5% increase compared to 11.4% for the S&P 500 [11] - The industry is currently trading at a forward price-to-FFO ratio of 15.25X, below the S&P 500's P/E of 21.83X and the Finance sector's P/E of 16.21X [14] Company Highlights - Realty Income Corporation focuses on acquiring and managing freestanding commercial properties, with a stable cash flow supported by a diversified tenant base [19] - Kimco Realty is well-positioned with a portfolio of grocery-anchored shopping centers in prime locations, benefiting from high employment and spending power [21] - Essential Properties Realty Trust specializes in single-tenant properties leased to service-oriented businesses, providing stable rental cash flows [25]

JERICHO, N.Y., May 29, 2025 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) announced today that members of its management team will present at the Nareit REITweek Investor Conference on Wednesday, June 4, 2025. The webcast information is as follows: When: Wednesday, June 4, 2025 from 9:30 AM – 10:00 AM, ET Live Webcast: Kimco Realty Presentation Link, or enter https://vimeo.com/event/5090222/ into your browser. Audio from the conference will be available on Kimco Realty’s investor relations website until Jul ...

Investors might want to bet on Kimco Realty (KIM) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.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 power of ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yie ...

Kimco Realty ((KIM) ) is well-positioned to gain from its grocery-anchored portfolio of premium retail properties in high-growth areas, a diversified tenant base and balance sheet-strengthening efforts. However, higher e-commerce adoption is a key concern for Kimco. High-interest expenses add to its woes.Last month, Kimco reported first-quarter 2025 funds from operations (FFO) per share of 44 cents, which outpaced the Zacks Consensus Estimate of 42 cents. The metric grew 12.8% from the year-ago quarter. Res ...