Analysts on Wall Street project that Kimco Realty (KIM) will announce quarterly earnings of $0.38 per share in its forthcoming report, representing a decline of 2.6% year over year. Revenues are projected to reach $468.82 million, increasing 5.9% from the same quarter last year.Over the last 30 days, there has been an upward 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 ...

hapabapa/iStock Editorial via Getty Images Introduction Earlier this year, Kimco Realty (NYSE:KIM) completed the acquisition of RPT Realty in an all-stock transaction, creating a much larger commercial REIT with a focus on grocery-related anchor tenants. One of the interesting elements was that the "busted" preferred share issue of RPT Realty is now backed by Kimco Realty. As part of the acquisition, Kimco issued 53 million common shares of Kimco to RPT shareholders while it issued just under 1 million ...

arcady_31/iStock Editorial via Getty ImagesKimco Realty Corporation (NYSE:KIM) is a well-managed real estate investment trust that is profiting from robust growth in rental rates in its metropolitan area-focused real estate portfolio. The REIT also has growing portfolio occupancy and in 4Q hiked its quarterly dividend pay-out to $0.24 per share. The shopping center trust’s yield, potential for dividend growth, a low pay-out ratio based on FFO and a compelling valuation all culminate in a Buy stock class ...

gopixa Financial theory suggests that there is a limit to how high passive investing can get as a percentage of total investing before it breaks the market, but no one knows exactly where that threshold is. Meanwhile, passive share (the percentage of assets invested passively) continues to set all-time highs, inching ever closer to that dangerous point. This article will discuss the extent of passive investing, how it could break the market, and some early warning signs that it is starting to strain the mar ...

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) announced today that its management will present at the Citi 2024 Global Property CEO Conference on Tuesday, March 5, 2024. Event: Kimco Realty® Management Presentation When: Tuesday, March 5, 2024, from 7:30 AM – 8:05 AM, ET Live Webcast: Kimco Realty Management to Present at Citi Conference A replay of the webcast will be available 12 hours after the conclusion of the live event until March 4, 2025, at the above link. About Kimco Realty® Kimc ...

alacatrShopping center fundamentals have improved materially, setting Kimco (NYSE:KIM) up for secular net operating income growth. As expenses normalize, it should translate into accelerating AFFO/share growth. Current valuation does not price in long-term growth which makes KIM opportunistic. I believe three aspects make KIM significantly more valuable than its price: Long-term undersupply of shopping centers Implied stabilized cap rate of KIM vs where its properties should trade Factors masking curre ...

MarsBars Many investors know that commercial real estate has been pressured over the past 12 months. However, ‘Commercial RE’ is a blanket term that covers all property types, not just the pressured office segment, with some property types doing just fine and in some cases even thriving. That’s why it pays to look beyond the headlines and instead look for value where credit is due. Such I find the case to be with Kimco Realty (NYSE:KIM) which I last covered in May of last year, noting its high exposure ...

Kimco Realty Corp. (KIM) reported fourth-quarter 2023 funds from operations (FFO) per share of 39 cents, in line with the Zacks Consensus Estimate. The figure was only a cent higher than the year-ago quarter’s tally.Though Kimco reported growth in revenues, a rise in interest expenses acted as a dampener. This retail REIT provided an initial outlook for 2024 FFO per share, which is below the consensus mark. Probably because of these negatives, shares of the company lost nearly 2% so far today despite better ...

Kimco Realty Corporation (NYSE:KIM) Q4 2023 Earnings Conference Call February 8, 2024 8:30 AM ET Company Participants David Bujnicki - Senior Vice President of Investor Relations & Strategy Conor Flynn - Chief Executive Officer Ross Cooper - President & Chief Investment Officer Glenn Cohen - Chief Financial Officer Dave Jamieson - Chief Operating Officer Conference Call Participants Michael Goldsmith - UBS Jeff Spector - Bank of America Dori Kesten - Wells Fargo Floris van Dijkum - Compass Point Alexander G ...

Kimco Realty (KIM) reported $451.6 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.7%. EPS of $0.39 for the same period compares to -$0.09 a year ago.The reported revenue represents a surprise of +0.42% over the Zacks Consensus Estimate of $449.71 million. With the consensus EPS estimate being $0.39, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...