KIM - Kimco Realty Corporation
| Previous Close | 20.45 |
| Open | 20.46 |
| Bid | 20.34 x 1800 |
| Ask | 20.34 x 800 |
| Day's Range | 20.28 - 20.51 |
| 52 Week Range | 16.56 - 21.86 |
| Volume | 1,907,568 |
| Avg. Volume | 3,551,359 |
| Market Cap | 8.592B |
| Beta (5Y Monthly) | 0.56 |
| PE Ratio (TTM) | 27.24 |
| EPS (TTM) | 0.75 |
| Earnings Date | Jan 29, 2020 |
| Forward Dividend & Yield | 1.12 (5.48%) |
| Ex-Dividend Date | Dec 30, 2019 |
| 1y Target Est | 20.47 |
- Business Wire
Kimco Realty Corporation Announces 2019 Dividend Tax Treatment
Kimco Realty Corp. (NYSE: KIM) announced today the allocations of the company’s 2019 dividend distributions on its common stock and preferred stock. The allocations as they will be reported on Form 1099-DIV are as follows:
- Zacks
Simon Property Extends Online Return Services to 52 Centers
Simon Property (SPG) to enjoy the largest network of Return Bar counters in the shopping-center industry, with the latest expansion of the Happy Returns' service desks to 52 locations.
- Zacks
Realty Income (O) Hikes Monthly Dividend for 105th Time
Realty Income's (O) February dividend payment marks a 3.1% increase as compared to the same month in 2019.
- Zacks
Kimco Realty Issues Q4 Activity Update, Keeps Vending Assets
Advancing with its plan to fine tune portfolio through planned sale of assets, Kimco Realty (KIM) sold 12 properties in Q4.
- Business Wire
Kimco Realty Reports Fourth Quarter and Full Year 2019 Transaction Activity
Kimco Realty Corp. (NYSE:KIM) today announced transaction activity for the fourth quarter and full year 2019.
- GlobeNewswire
Spirit breaks ground on $250 million headquarters near Fort Lauderdale-Hollywood International Airport
Spirit Airlines, Inc. (SAVE), America’s fastest-growing airline, today held a groundbreaking ceremony with Spirit Team Members, local and state officials, and business leaders to celebrate the construction of its new corporate headquarters in Dania Beach, Fla. Spirit is investing up to $250 million for the creation of a corporate campus of up to 500,000 square feet of space, and the airline plans to add 225 additional jobs over the next five years. In 2022, approximately 1,000 employees are planned to move from the company’s current facilities in Miramar to the new Dania Pointe site just minutes away from Spirit’s largest operating base, Fort Lauderdale-Hollywood International Airport (FLL). The development will include corporate offices, a new crew training facility with flight simulators, and a corporate training residence all designed for more streamlined workflow and quick access to the airport.
- Zacks
Kimco Completes Sale & Ground Leasing of Land at Dania Pointe
Kimco's (KIM) sale and agreement to ground lease land to Spirit Airlines solidify Dania Pointe's position in the Greater Fort Lauderdale area.
- Business Wire
Kimco Completes Land Sale and Ground Lease to Spirit Airlines for New $250 Million Global Headquarters at its Dania Pointe® Signature Series® Development
Kimco Realty Corp. (NYSE: KIM) today announced it has completed the sale to Spirit Airlines (NYSE: SAVE) of approximately nine acres of land at its Dania Pointe mixed-use project in Dania Beach, Florida. A leading provider of value air travel, Spirit Airlines previously announced plans to develop a new global headquarters, investing up to $250 million for the creation of a corporate campus that will support more than 1,000 employees in up to 500,000 square feet of space. The airline has also executed a ground lease for an additional land parcel for the construction of a Spirit corporate training residence. Construction of the headquarters is expected to begin in 2021, with an anticipated transfer of employees in mid-2022.
- Business Wire
Kimco Realty Completes Full Redemption of Its 5.500% Class J Cumulative Redeemable Preferred Stock
Kimco Realty Corp. (NYSE: KIM) today announced that in an effort to reduce leverage, it has completed the redemption of all 9,000 shares of its issued and outstanding 5.500% Class J Cumulative Redeemable Preferred Stock (the "Class J Preferred Stock") and all 9,000,000 depositary shares representing the Class J Preferred Stock (the "Class J Depositary Shares" and, together with the Class J Preferred Stock, the "Class J Shares") (NYSE: KIMprJ – CUSIP No. 49446R778), representing an aggregate liquidation preference of $225 million.
- Zacks
Federal Realty Sells Portion of San Antonio Center for $155M
Federal Realty (FRT) will use proceeds from the partial sale of 11.7 acres of its 35-acre San Antonio Center regional shopping center to pay condemnation awards to tenants occupying the sold space.
- Zacks
Will Macerich's (MAC) Efforts Paint a Brighter Picture in 2020?
Though Macerich's (MAC) share-price performance has been disappointing in 2019, it is undertaking all appropriate measures to turn around tables in the upcoming year.
- Zacks
Macerich (MAC) Refinances Kings Plaza With Loan Worth $540M
Macerich (MAC) refinances Kings Plaza shopping center with a 10-year fixed rate loan. The former $427.4 million loan for the property has been repaid in full.
- Insider Monkey
Do Hedge Funds Love Kimco Realty Corporation (KIM)?
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
- Zacks
Realty Income (O) Raises Monthly Dividend for 104th Time
Realty Income's (O) January dividend payment marks the company's 594 successive monthly dividend payments and 89 consecutive quarterly increases through its 50-year operating history.
- Business Wire
Kimco Realty Invites You to Join Its Fourth Quarter Earnings Conference Call
Kimco Realty Corp. (NYSE: KIM) will announce its fourth quarter 2019 earnings on Thursday, January 30, 2020 before market opens. You are invited to listen to our quarterly earnings conference call, which will be broadcast live over the Internet on Thursday, January 30, 2020 at 10:00 AM EDT.
- Zacks
Is it Wise to Hold Kimco Realty Stock in Your Portfolio Now?
While Kimco Realty (KIM) will gain from its ownership of premium assets in key markets amid healthy job market and high consumer spending, e-retail boom and dispositions' dilutive impact are woes.
- GuruFocus.com
Kimco Realty: A Retail Slowdown Might Hit This REIT
This retail-oriented REIT has appreciated greatly due to its diversified portfolio and high occupancy rates Continue reading...
- Zacks
Portfolio Repositioning Amid High Supply to Aid SL Green (SLG)
While SL Green Realty's (SLG) opportunistic investment policy will enhance its overall portfolio, high supply of office assets will impact its ability to backfill near-term tenant move-outs.
- Barrons.com
This Bargain Mall Stock Is Lord of the Exit Ramp — and Has a 9% Yield
Tanger Factory Outlet Centers could deliver a total return of nearly 40% as retail bankruptcies abate.
- Business Wire
Kimco Realty Announces Full Redemption of Its 5.500% Class J Cumulative Redeemable Preferred Stock
Kimco Realty Corp. (KIM), in an effort to further reduce leverage, today announced that it will redeem all 9,000 shares of its issued and outstanding 5.500% Class J Cumulative Redeemable Preferred Stock (the “Class J Preferred Stock”) and all 9,000,000 depositary shares representing the Class J Preferred Stock (the “Class J Depositary Shares” and, together with the Class J Preferred Stock, the “Class J Shares”) (NYSE: KIMprJ – CUSIP No. 49446R778), representing an aggregate liquidation value of $225 million, on December 31, 2019 (the “Redemption Date”). In connection with the redemption of the preferred stock, Kimco will recognize a non-cash charge of approximately $7.2 million or $0.02 cents per common share in the fourth quarter of 2019. The Class J Preferred Stock will be redeemed at the redemption price of $25,000.00 per share, plus $290.278 in accrued and unpaid dividends on each share, and the Class J Depositary Shares will be redeemed at the redemption price of $25.00 per depositary share, plus $0.29028 in accrued and unpaid dividends on each share.
- Zacks
SITE Takes Up Portfolio Overhaul, Divestures to Boost Growth
SITE Centers' (SITC) capital recycling program is likely to boost long-term profitability. However, choppy retail real estate environment is a key concern.
- Business Wire
Kimco Realty Recognized as Nareit’s 2019 Leader in Sustainability for Retail Real Estate
Kimco Realty Corp. NYSE:KIM) has received Nareit’s prestigious 2019 Retail Leader in the Light Award, the organization’s highest sustainability honor for retail REITs. The annual award recognizes the company that has demonstrated consistent, best-in-class sustainability efforts. “Since Kimco launched its Corporate Responsibility Program in 2010, we have made environmental, social, and governance efforts a priority and challenged our team to expand the boundaries for what is possible in the ESG space,” said CEO Conor Flynn.
- Zacks
Acadia Realty Trust Closes Transactions Worth $83M Post Q3
Acadia Realty Trust's (AKR) strategic acquisitions and selective dispositions are in sync with the company's efforts of generating ample dry powder to execute its accretive external growth moves.
- Zacks
Realty Income (O) Tops Q3 FFO Estimates, Misses on Revenues
Decent year-over-year growth in rental revenues and same-store rents aids Realty Income's (O) Q3 results.
- Simply Wall St.
Is Kimco Realty Corporation's (NYSE:KIM) ROE Of 7.8% Impressive?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
