Kimco Realty Stock Outlook: Is Wall Street Bullish or Bearish?

Jericho, New York-based Kimco Realty Corporation (KIM) is a real estate investment trust and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties. Valued at a market cap of $13.9 billion, the company’s portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets. This retail REIT has lagged behind the broader market over the past 52 weeks. Shares of KIM have declined 7.6% over this time frame, while the ...