Kimco: Good Market Dynamics But Fairly Valued
Kimco is a REIT that owns and operates retail properties in 30 states. The company has a well-diversified portfolio and the market dynamics are good for retail landlords. Kimco Realty's investment-grade balance sheet and strong liquidity are attractive, but its low dividend yield and fair valuation may not make it appealing to income and value investors.
Kimco Realty: I Bought This 4.2% Dividend Yield
Kimco Realty has rebounded heavily from a low in June, with expectations of Fed rate cuts in September boosting the stock. The retail REIT's quarterly dividend payment is set for future hikes, as FFO currently covers the 4.2% dividend yield by 168%. An investment grade balance sheet and well-staggered maturity ladder reduce the investment risk of the REIT.
Kimco Realty (KIM) Stock Rises 17.2% in 3 Months: Here's How
Kimco Realty's (KIM) focus on grocery-anchored centers, mixed-use assets and a solid balance sheet position is likely to bode well for long-term growth.
Don't Paint All Real Estate By The Same Brush (2 REIT Treats Inside)
Commercial property foreclosures are on the rise, reaching $20.5 billion in the second quarter, the highest since 2015. Despite the challenging market, there are signs of a potential bottoming process, with lenders quick to sell seized properties. REITs like Kimco Realty and NNN REIT offer strong fundamentals, growth potential, and consistent income, making them promising investment opportunities.
Kimco (KIM) Q2 FFO & Revenues Beat Estimates, Outlook Revised
Kimco's (KIM) Q2 results reflect better-than-anticipated revenues. However, a rise in interest expenses acts as a dampener.
Kimco Realty Corporation (KIM) Q2 2024 Earnings Call Transcript
Kimco Realty Corporation (NYSE:KIM ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants David Bujnicki - SVP, IR Conor Flynn - CEO Ross Cooper - President & CIO Glenn Cohen - CFO Conference Call Participants Michael Goldsmith - UBS Samir Khanal - Evercore ISI Dori Kesten - Wells Fargo Juan Sanabria - BMO Capital Markets Greg McGinniss - Deutsche Bank Craig Mailman - Citi Alexander Goldfarb - Piper Sandler Floris van Dijkum - Compass Point Jeff Spector - Bank of America Ronald Kamdem - Morgan Stanley Caitlin Burrows - Goldman Sachs Linda Tsai - Jefferies Wes Golladay - Baird Paulina Rojas - Green Street Capital Haendel St. Juste - Mizuho Mike Mueller - JPMorgan Michael Gorman - BTIG Operator Good day and welcome to the Kimco Realty Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Here's What Key Metrics Tell Us About Kimco Realty (KIM) Q2 Earnings
Although the revenue and EPS for Kimco Realty (KIM) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Kimco Realty (KIM) Q2 FFO and Revenues Beat Estimates
Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.41 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.39 per share a year ago.
Insights Into Kimco Realty (KIM) Q2: Wall Street Projections for Key Metrics
Evaluate the expected performance of Kimco Realty (KIM) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Kimco Realty (KIM)'s Technical Outlook is Bright After Key Golden Cross
After reaching an important support level, Kimco Realty Corporation (KIM) could be a good stock pick from a technical perspective. KIM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Kimco Realty: A Lack Of Positive Catalysts
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.
What's in the Cards for Kimco (KIM) This Earnings Season?
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.
