KIM Stock Recent News

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 Realt.

Shopping center fundamentals have improved, setting Kimco up for net operating income growth. Long-term undersupply of shopping centers and strong leasing fundamentals support Kimco's value.

Despite headline risks around commercial real estate, Kimco Realty is performing quite well with strong execution in leasing. The company has a strong portfolio of grocery-anchored properties and has improved its operating fundamentals every year since 2020. Kimco Realty has potential for growth in mixed-use developments and offers a 4.8% dividend yield that's well-covered by AFFO.

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

Kimco Realty Corporation (KIM) Q4 2023 Earnings Call Transcript

Kimco Realty CEO Conor Flynn joins 'Money Movers' to discuss the company's quarterly earnings results, the different tenets Kimco has, and more.

Although the revenue and EPS for Kimco Realty (KIM) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.39 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.38 per share a year ago.

The resilient demand for Kimco's (KIM) grocery-anchored centers, a diverse tenant base and a focus on mixed-use assets are likely to have aided its Q4 earnings despite higher interest expenses.

Technical analysis may still be a controversial idea to some of the old guard but it's the only methodology I'm aware of that will give you stocks flashing buy signals. Sure, it's more “factual” for lack of a better word to rely on corporate earnings reports.