|Bid||17.96 x 4000|
|Ask||17.97 x 3100|
|Day's Range||17.93 - 18.31|
|52 Week Range||14.29 - 19.29|
|Beta (3Y Monthly)||0.65|
|PE Ratio (TTM)||18.80|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||1.12 (6.14%)|
|1y Target Est||18.03|
Kimco Realty Corp. (KIM) announced today it has been named a constituent of the FTSE4Good Index Series following its June 2019 index review. Kimco is a first-time member of the Series. Created by the global index provider FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company), the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices.
In sync with its disposition target for the current year, Kimco Realty (KIM) reports Q2 transaction activities, including disposition of three properties and one land parcel, for $103.7 million.
Kimco Realty Corp. (KIM) today announced transaction activity for the second quarter and year to date 2019. The sales included Latham Farms, a 625,000-square-foot shopping center in Latham, New York for $73.7 million, 22nd Street Plaza, a 176,000-square-foot shopping center in Oakbrook Terrace, Illinois for $21.0 million, and a 74,000-square-foot parcel at Green Orchard in Walker, Michigan for $6.5 million. Year to date, the company’s dispositions included 12 properties and one land parcel, totaling 1.9 million square feet, for a gross sales price of $226.1 million.
A Phoenix, Arizona-based niche grocery chain has inked a lease for its third Central Florida location in Dr. Phillips, its first inside Orlando's city limits. Sprouts Farmers Market's newest location will be at 7603 Turkey Lake Road in the Bayhill Plaza shopping center in what was formerly a Orchard Supply Hardware location. Sprouts spokeswoman Kalia Pang confirmed to Orlando Business Journal that the company signed a lease for the space and the store will be similar in size to other locations in the area.
Regency Centers' (REG) acquisition of The Pruneyard's retail space is a strategic fit, given the property's appropriate location, impressive merchandising mix and top-class amenities.
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
This sixth annual report provides a thorough account of Kimco’s performance in the areas of the environment, social impact, and governance (ESG). “When we launched our formal sustainability program eight years ago, we set an ambitious course, seeking to position Kimco as a leader not only in the environmental space but also in the areas of social impact and governance,” said Conor Flynn, Chief Executive Officer at Kimco Realty.
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
Kimco Realty Corp NYSE:KIMView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for KIM with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 7. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding KIM are favorable, with net inflows of $9.82 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. KIM credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The real estate investment trust (REIT) sector rallied again toward a record high in midday trading Monday, boosted by a rally in 10-year Treasurys that pushed the yield down toward a near 2-year low. The SPDR Real Estate Select Sector ETF climbed 0.6%, as 27 of 32 components gained ground, and as 12 components reached 52-week highs, to put it on track for a 4th-straight record close. Among the more-active components, shares of Ventas Inc. climbed 1.8%, Kimco Realty Corp. rose 1.7%, HCP Inc. gained 0.9% and Host Hotels & Resorts Inc. hiked up 0.9%, while Weyerhaeuser Co. fell 0.6%. The REIT sector is often viewed as a defensive bond proxy given its relatively high dividend yield, so disappointing data that pushed Treasury yields lower can attract investors. On Monday, disappointing manufacturing and home builder sentiment data knocked the 10-year Treasury yield down 1.3 basis points to 2.080%, or well below the REIT ETF's dividend yield of 3.14%. The ETF has now rallied 7.0% over the past three months while the Dow Jones Industrial Average , which has an implied dividend yield of 2.07%, has gained 1.1%.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Kimco Realty Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Kimco Realty Corp. announced today that its management will participate in the REITWeek 2019 NAREIT’s Investor Forum on Wednesday, June 5, 2019 in New York. Kimco management will provide a general overview of the company followed by a question and answer session.
Unlike enclosed malls, the convenience, accessibility and visibility of outdoor shopping centers make them a popular destination in the Amazon age, one fo the buyers says.
Simon Property (SPG) is making immense efforts to boost the value of its retail properties. The latest Tom Ford store opening announcement is in sync with its transformational plans.
Simon Property (SPG) is undertaking strategic measures to help online retailers fortify their physical presence, besides taking steps to support omni-channel strategy.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Kimco Realty Corp. (KIM) will announce its second quarter 2019 earnings on Thursday, July 25, 2019 before market opens. If you are unable to participate during the live webcast, audio replay from the conference call will be available on Kimco Realty’s website at investors.kimcorealty.com. Kimco Realty Corp. (KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers.
CBL Properties (CBL) to add Round1 Bowling & Amusement at its Northwoods Mall and South County Center, making both properties premier entertainment destinations.
Given Monday's steep selloff, Tuesday's bounce wasn't a big surprise. It also was anything but convincing. The S&P 500's gain of 0.8% and close of 2,834.41 was well off the day's high of 2,852.42, leaving the matter of more selling in question.Source: Allan Ajifo via Wikimedia (Modified)General Electric (NYSE:GE) set the tone, and pace, gaining 4.6% mostly thanks to word that it had secured some important power plant business. Beyond Meat (NASDAQ:BYND) once again logged one of the day's best gains though, up 14.6% as investors continue to fall in love with the idea of meatless meat.Although they couldn't drag the broad market into the red, there were some losers, led by Nissan Motor (OTCMKTS:NSANY). Shares of the carmaker fell 7.2% in response to another disappointing quarterly report, underscored by a poor outlook for this year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Retirement Stocks That Won't Wilt in a Bear Market Here, at the midpoint of the week, however, it's the stock charts of Take-Two Interactive Software (NASDAQ:TTWO), CenterPoint Energy (NYSE:CNP) and Kimco Realty (NYSE:KIM) that are of the most interest. Here's what to look for. Take-Two Interactive Software (TTWO)Sometimes, context is everything. It certainly has been for Take-Two Interactive Software shares during just the first two trading days of the week, particularly given that last quarter's less-than-thrilling earnings were posted on Monday.The stock fell, with the market, but didn't fall anywhere near as much as it should have given the bearish environment and the fact that earnings fell. That, followed by yesterday's oversized gains implies traders have been waiting for any reason to buy. Having tipped their hand, the breakout effort may be unstoppable now. Click to Enlarge * Notice that the thrust is shaping, and being shaped by, a diverging wedge pattern plotted in white dashed lines. Any defined framework like this is a bullish clue. * Underscoring Tuesday's gain is the volume surge behind it. * Backing out to the weekly chart we can tell this uptrend has actually been developing for a while. The Chaikin line's cross above zero last month and the MACD cross from March has only widened in the meantime. * A cross above the recently developed ceiling of the diverging wedge could readily accelerate the rally effort from here. Kimco Realty (KIM)Kimco Realty actually trailed the broad market's sizeable rally on Tuesday. But, it also sidestepped the even-bigger meltdown on Monday and has found support at key levels of late while the overall market has been hit hard. More than that, it has found support at familiar floors. While there's still one key hurdle left ahead, the undertow has been resiliently bullish. We'll take the hints.Above all else, KIM stock is back above the key level around $18, plotted in yellow on both stock charts. That line has been support and resistance in recent weeks. * 10 'Buy-and-Hold' Stocks to Own Forever Click to Enlarge * Augmenting the support at $18 is more recent support provided by the purple 50-day moving average line and the blue 20-day moving average. That support is highlighted, as is last month's similar support from the gray 100-day moving average line. * It takes the longer-term view of the weekly chart to fully appreciate how well the new uptrend is forming now that the downtrend of 2017 has been snapped and 2018's stagnation is in the rearview mirror. We've now seen a higher high and higher low. * A break above March's high near $18.80 could wind up being a bullish catalyst with lots of room left to recover. CenterPoint Energy (CNP)CenterPoint Energy is a name that has been off and on the radar for several weeks now. It had slipped off in April, when the break above a key ceiling early this year faded into a period of sideways movement. The past few days have been volatile enough to put it back in focus. But this focus comes with no clarity as to which direction it really wants to go next. The good news is, the recent action has defined where the key lines in the sand are. Click to Enlarge * Friday's reversal was prodded by a new encounter with the white 200-day moving average line, though the horizontal line around $29 -- plotted in blue on both stock charts -- had also been a key support and resistance level before being revisited. * Although the reversal was impressive, it was also halted abruptly at the gray 100-day moving average line on Monday. The stock rolled over on Tuesday, falling against a bigger bullish tide. * Notice that the two bearish days sandwiching Friday's and Monday's gains were both higher volume days, suggesting there are more buyers than sellers. * If the floor around $29 snaps, the next most likely floor is around $27, where shares found support several times in the last few months of last year.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 3 Big Stock Charts for Wednesday: Kimco Realty, Take-Two Interactive and CenterPoint Energy appeared first on InvestorPlace.
Realty Income (O) intends to use net proceeds of the share offering to repay balances under its $3-billion unsecured revolving credit facility and fund potential investment opportunities.
Realty Income (O) intends to reduce borrowings with the net proceeds from public offering of 11 million shares of its common stock priced at $69.25 per share.