KIM Stock Recent News

JERICHO, N.Y., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) announced today that its management will present at the Citi 2025 Global Property CEO Conference on Monday, March 3, 2025.

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Kimco Realty Corporation (NYSE:KIM ) Q4 2024 Earnings Conference Call February 7, 2025 8:30 AM ET Company Participants David Bujnicki - SVP, IR Conor Flynn - CEO Ross Cooper - President & CIO Glenn Cohen - CFO David Jamieson - EVP & COO Conference Call Participants Michael Goldsmith - UBS Craig Mailman - Citi Alexander Goldfarb - Piper Sandler Dori Kesten - Wells Fargo Haendel St. Juste - Mizuho Greg McGinniss - Scotiabank Andrew Reale - Bank of America Juan Sanabria - BMO Capital Markets Caitlin Burrows - Goldman Sachs Ki Bin Kim - Truist Floris van Dijkum - Compass Point Steve Sakwa - Evercore ISI Wes Golladay - Baird Paulina Rojas - Green Street Capital Michael Mueller - JP Morgan Michael Gorman - BTIG Linda Tsai - Jefferies Ronald Kamdem - Morgan Stanley Omotayo Okusanya - Deutsche Bank Operator Good day, and welcome to the Kimco Realty Fourth Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

KIM's Q4 results reflect better-than-anticipated revenues. However, a rise in interest expenses acts as a dampener.

While the top- and bottom-line numbers for Kimco Realty (KIM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.42 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.39 per share a year ago.

– Achieves High End of Full Year Outlook with Strong Fourth Quarter Growth in Net Income and FFO – – Leased Over 11 Million Square Feet in 2024 – – Company Provides Initial 2025 Outlook – JERICHO, N.Y., Feb. 07, 2025 (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, today reported results for the fourth quarter and full year ended December 31, 2024.

WOODBRIDGE, VA — Revitalization of the Gordon Plaza shopping center in Woodbridge is taking a new step after action by the Prince William County Board of Supervisors Tuesday. The board approved rezoning and a special use permit to allow a Home Depot store to anchor Kimco Realty's intended redevelopment of the shopping center. Gordon Plaza was developed in 1973 and is largely vacant, with the exception of the Aldi grocery store. The Home Depot Store will include a garden center with a nursery, motor vehicle rentals and curbside pickup. Woodbridge District Supervisor Margaret Franklin said the new use for Gordon Plaza will serve the North Woodbridge community well. "If you're familiar with the shopping center, it is in great need of repairs," said Franklin. "I just want to thank Kimco for stepping up and saying that they want to help revitalize this area and really beautify it. It's going to go really beautifully with the rest of the work we're doing in North Woodbridge to revitalize o

With the REIT industry offering a real estate structure for several economic activities, real or virtual, there are pockets of strength. This is likely to be reflected in the earnings releases of KIM, AMH and VNO.

While a healthy retail real estate market and focus on developing mixed-use assets are likely to aid KIM's Q4 earnings, high interest expenses may have hurt it.