Kimco Realty Stock News

Kimco Realty Corporation has seen a 23% year-to-date total return, driven by a 4.2% dividend hike and record-high occupancy rates. Kimco's fiscal 2024 third quarter FFO increased by 7.5% year-over-year to $0.43 per share, with free cash flow covering dividends by 174%. KIM's debt maturity is well-laddered, with most debt due post-2030, and a strong balance sheet earning an “A-” investment-grade...

JERICHO, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and a leading owner and operator of high-quality, open-air, grocery-anchored shopping centers, and mixed-use assets in the United States, today announced it has received Nareit's 2024 Leader in the Light Award for Retail for the third consecutive year, marking the fifth time overall...

Blackstone's acquisition of Retail Opportunity Investments Corp. highlights increased M&A activity in the retail real estate sector, raising speculation on future deals. Retail REITs have shown strong returns in 2024, driven by robust leasing, occupancy, and impressive Same Store Net Operating Income growth. Retail REITs now trade at or near Net Asset Value, reflecting improved market sentiment...

Kimco Realty's Q3 funds from operations beat expectations, reaching $0.43 per share, and I anticipate a $0.01 dividend hike next quarter, boosting yield to 4.1%. The trust's diversified portfolio, focused on grocery-anchored shopping centers in major metro markets, ensures steady foot traffic and rental income growth. With a portfolio occupancy of 96.4% and limited new supply in the market, KIM...

Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” —Barron's Weekly. In an interview with Barron's, Steven Wieting, strategist at Citi Wealth, stated a growing dividend is a shareholder benefit ...

Kimco Realty Corporation (NYSE:KIM ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants David Bujnicki - SVP, IR Conor Flynn - CEO Ross Cooper - President & CIO Glenn Cohen - CFO Conference Call Participants Alexander Goldfarb - Piper Sandler Michael Goldsmith - UBS Juan Sanabria - BMO Capital Markets Dori Kesten - Wells Fargo Jeff Spector - Bank of America Samir ...

– Portfolio Occupancy Matches All-Time High – – Board Increases Quarterly Cash Dividend on Common Shares by 4.2% – – Raises 2024 Outlook – JERICHO, N.Y., Oct. 31, 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, today...

There are substantial valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. Hotels and office REITs face significant challenges, including erratic earnings, high costs, and post-COVID demand shifts, making them risky investments despite low multiples. Diversified and retail REITs are ...