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Kimco Realty Corporation (KIM)
18.75 +0.01 (0.05%)
After hours: 7:34PM EST
Chart Events
Performance Outlook
| Previous Close | 18.15 |
| Open | 18.23 |
| Bid | 18.67 x 1800 |
| Ask | 19.11 x 900 |
| Day's Range | 18.16 - 19.02 |
| 52 Week Range | 7.45 - 19.44 |
| Volume | 4,742,676 |
| Avg. Volume | 4,749,206 |
| Market Cap | 8.104B |
| Beta (5Y Monthly) | 1.50 |
| PE Ratio (TTM) | 8.33 |
| EPS (TTM) | 2.25 |
| Earnings Date | May 06, 2021 - May 10, 2021 |
| Forward Dividend & Yield | 0.71 (3.91%) |
| Ex-Dividend Date | Mar 09, 2021 |
| 1y Target Est | 18.07 |
Fair Value
Related Research
- SmarterAnalyst
Kimco Realty Shores Up Dividend By 6.3%; Street Is Bullish
Shares of Kimco Realty closed 3% higher on Monday after the real estate investment trust (REIT) announced a 6.3% hike in its quarterly dividend to $0.17 per share. Kimco Realty (KIM) said that the new quarterly dividend will be paid on March 24 to shareholders of record as of March 10. Its annual dividend of $0.68 per share now reflects a dividend yield of 3.7%. On Feb. 11, the company reported better-than-expected 4Q results. Revenues declined 9% year-over-year to $269.4 million but beat the Street’s estimates of $262.9 million. Kimco’s 4Q earnings of $0.45 per share spiked 104.5% year-over-year and topped the consensus forecasts of $0.10 per share. Funds from operations (FFO) of $0.31 per share beat the Street’s estimates by a penny and declined 13.9% year-over-year. (See Kimco Realty stock analysis on TipRanks) Following the earnings, Mizuho Securities analyst Haendel St. Juste raised the stock’s price target to $20 (10% upside potential) from $17 and maintained a Buy rating on Feb. 12. In a note to investors, St. Juste said that the company reported "modest" upside in 4Q. He added that the fiscal 2021 guidance is "better-than-feared though wider-than-expected," and reflects uncertainty around vaccine distribution and "return to normal" timing. The Street has a bullish outlook on the stock, with a Strong Buy consensus rating based on 6 Buys and 2 Holds. The average analyst price target of $17.27 implies downside potential of about 5% from current levels. Furthermore, KIM scores a “Perfect 10” from TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations. Related News:Humana Ramps Up Dividend By 12%; Street Sees 26% UpsideMatador Resources Initiates Quarterly Dividend; Shares Climb 3.5%Foot Locker Boosts 2021 Capital Allocation, Hikes Dividend By 33% More recent articles from Smarter Analyst: Allstate Ramps Up Quarterly Dividend By 50%; Street Sees 20% Upside CVR Energy Tanks 9% On Quarterly Loss; Street Says Hold Cooper Tire Pops 28% On $2.8B Takeover Deal By Goodyear Camping World Inks Deal To Buy Lee’s Family Trailer; Street Sees 23% Upside
- Business Wire
Kimco Realty Declares Common Stock Cash Dividend for First Quarter 2021
Kimco Realty Corp. (NYSE: KIM), one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today announced that its Board of Directors declared a quarterly cash dividend of $0.17 per common share, payable on March 24, 2021 to shareholders of record on March 10, 2021.
- Investopedia
Top REITs for March 2021
Real estate investment trusts (REITs) are publicly traded companies that allow individual investors to buy shares in real estate portfolios that receive income from a variety of properties. A key REIT metric is funds from operations (FFO), a measure of earnings particular to the industry.
