Kimco Realty Stock Rises 9.4% in 3 Months: Will the Momentum Last?

Key Takeaways Kimco Realty shares rose 9.4% in three months, driven by grocery-anchored assets and suburban market exposure.KIM derives 86% ABR from grocery tenants and 82% rent from top metro markets with strong demographics.Kimco Realty benefits from mixed-use projects, $2.2B liquidity, and a Moody's credit upgrade to A3.Shares of Kimco Realty (KIM) have gained 9.4% in the past three months compared with the industry’s upside of 10%.This Jericho, NY-based retail REIT is well-positioned to benefit from its ...