KIM Stock Recent News

Kimco Realty's intermediate-term prospects are on a knife's edge. The REIT's core anchor strategy has delivered robust operating income growth. However, a flimsy retail property market might cause problems. Kimco Realty's occupancy lags those of some of its peers. Moreover, the REIT entered into an accounting loss during Q1.

While a healthy retail real estate market and focus on developing mixed-use assets are likely to have aided Kimco's (KIM) Q2 earnings, higher interest expenses may have hurt it.

Focus on grocery-anchored centers, mixed-use assets and a solid balance sheet position bode well for Kimco Realty's (KIM) long-term growth.

JERICHO, N.Y., July 17, 2024 (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, announced today that it has amended and upsized its unsecured term loan to $500 million from the prior amount of $200 million.

Here are three prominent companies that exemplify the strengths of real estate income stocks: consistent dividends, financial performance and strategic growth potential. The first one on the list stands out, focusing on providing reliable and growing monthly dividends.

Marko Kolanovic predicts a stock market plunge of more than 20% to 4,200 by the end of the year. Historically, positive first-half returns for the S&P 500 lead to positive second-half returns, but election years tend to have worse results. Kimco Realty Corp. and Terreno Realty Corp. are undervalued REITs with growth potential in the strip mall and industrial sectors, offering income and dividend growth opportunities.

JERICHO, N.Y., June 27, 2024 (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-used properties in the United States, has published its 2023 Corporate Responsibility Report. The report highlights the company's progress in addressing environmental, social, and governance (ESG) topics, which have been an area of focus for Kimco and its stakeholders for over a decade.

SEATTLE , June 25, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new  Nordstrom Rack  in Houston in spring 2025.

Kimco's (KIM) focus on grocery-anchored centers, mixed-use assets and a solid balance sheet augur well for long-term growth. However, surging e-commerce adoption and high interest rates are concerns.

JERICHO, N.Y., June 13, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) will announce its second quarter 2024 earnings on Thursday, August 1, 2024, before market open. You are invited to listen to our quarterly earnings conference call. The webcast information is as follows: