KIM

Dividend Predictability: Dividend amounts are unpredictable and fluctuate based on a company's profitability, with Kimco Realty Corp's history chart serving as a tool to assess the likelihood of continued dividends and a potential 5% annual yield.

Author's Perspective: The opinions expressed in the article reflect the author's views and do not necessarily represent those of Nasdaq, Inc.

Company Overview: Kimco Realty Corporation, a large-cap REIT valued at $14.3 billion, specializes in grocery-anchored shopping centers and mixed-use properties, with a strong tenant base and proactive leasing strategy, though it has seen recent stock declines.

Financial Performance: Despite reporting positive Q4 results with a 16.3% revenue increase and meeting FFO expectations, KIM's stock underperformed compared to rivals and the Nasdaq, leading to a moderate buy consensus from analysts with a price target suggesting potential growth.

Earnings Announcement: Kimco Realty will announce its first quarter 2025 earnings on May 1, 2025, with a conference call scheduled for 8:30 AM ET, accessible via webcast and phone.

Company Overview: Kimco Realty is a leading real estate investment trust specializing in grocery-anchored shopping centers, owning interests in 568 properties across the U.S., and is committed to corporate responsibility and investor communication through various channels.

Analyst Ratings Changes: Several Wall Street analysts have adjusted their price targets for various companies, including KB Home (cut from $76 to $65), Carnival Corporation (raised from $28 to $32), and WNS Holdings (boosted from $63 to $75).

Stock Performance: Despite the changes in ratings, stock prices varied, with KB Home closing at $58.57, Carnival at $21.26, and WNS at $64.80, reflecting differing market sentiments.

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Analyst Ratings Overview: Seven analysts have provided mixed ratings on Kimco Realty, with no bullish or bearish sentiments noted in the last 30 days, while the average price target has decreased to $23.43 from $25.67 over recent months.

Financial Performance Insights: Kimco Realty shows strong revenue growth of 16.34% and a net margin of 28.62%, although its return on equity is low at 1.42%, indicating challenges in maximizing returns despite effective asset management and prudent debt levels.

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Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, gaining access to exclusive stories and insights from Benzinga reporters.

Citi Analyst's Price Target Adjustment: Citi analyst Craig Mailman has reduced the price target for Kimco Realty (KIM) from $27 to $21, maintaining a Neutral rating due to rising tenant credit concerns in the strip center sector.

Market Insights and Competitor Analysis: The article highlights the importance of understanding stock risks and opportunities, encouraging investors to explore detailed competitor analyses for better market positioning.

Dividend Performance: Kimco Realty Corp's 5.125% Class L Cumulative Redeemable Preferred Stock (KIM.PRL) has shown a slight decline of about 0.5% in trading, while the common shares (KIM) are down approximately 1.8%.

Market Insights: The article includes a reference to a list of the 50 highest yielding preferred stocks, indicating interest in dividend yields among investors.

Analyst Ratings: Truist Financial's Ki Bin Kim maintains a Hold rating on Kimco Realty with a price target of $25.00, while the analyst consensus suggests a Moderate Buy with an average target of $25.36, indicating potential upside from current levels.

Insider Activity: Recent insider sentiment for Kimco Realty is negative, as 15 insiders have sold shares, including a significant sale by Director Frank Lourenso, raising concerns about the stock's future performance.

Stock Performance: Federal Realty Investment Trust (FRT) shares fell 6.07% to $105.03 amid a generally poor trading session for the stock market, with the S&P 500 and Dow Jones also declining.

52-Week High Comparison: The company's stock is currently 11.25% below its 52-week high of $118.34, reached on September 16th.

Federal Realty Investment Trust Performance: Federal Realty Investment Trust forecasts annual funds from operations (FFO) above estimates due to rising rental prices and increased leasing demand, reporting a portfolio that is 96.2% leased as of December 31, 2024.

Market Demand and Revenue Growth: The company experienced a 6.7% increase in quarterly revenue to $311.4 million, driven by strong consumer demand for retailers like Nordstrom and Walmart, while also noting similar positive trends among other real estate investment trusts.

Analyst Ratings on Kimco Realty: Evercore ISI analyst Steve Sakwa has maintained a Hold rating on Kimco Realty with a price target of $23.00, while Scotiabank also issued a Hold rating; however, Robert W. Baird recently maintained a Buy rating for the company.

Financial Performance: Kimco Realty reported a quarterly revenue of $507.63 million and a net profit of $135.98 million for the quarter ending September 30, showing an increase from last year's revenue of $446.07 million and net profit of $118.24 million.

Market Performance: Wall Street experienced a decline due to rising inflation fears and trade tariff announcements, with major indices like the S&P 500 and Nasdaq 100 dropping by 0.6% and 0.9%, respectively.

Stock Movements: Uber's stock surged by 9.5% following a significant investment announcement, while other companies like Amazon and Illumina saw declines of 3.78% and 8.29%, respectively.

Earnings Performance: Kimco Realty reported a fourth-quarter FFO of $286.9 million, up from the previous year, with significant leasing momentum and a focus on high-demand markets, achieving its goal of entitling 12,000 apartment units ahead of schedule.

Outlook and Risks: Management projects FFO per share growth for 2025 and anticipates challenges from tenant bankruptcies impacting occupancy; however, they remain confident in their strategic portfolio positioning and disciplined capital allocation to navigate these risks.

Financial Performance: Kimco Realty reported a strong fourth quarter for 2024, achieving a net income of $154.8 million and Funds From Operations (FFO) growth of 7.7%, while also leasing over 11 million square feet during the year.

2025 Outlook: The company provided an initial outlook for 2025, projecting net income per share between $0.70 to $0.72 and FFO between $1.70 to $1.72, supported by anticipated Same Property NOI growth and disciplined capital allocation strategies.

Earnings Report: Kimco Realty Corp. reported a net income of $154.84 million for Q4, an increase from the previous year's $133.36 million, with total revenues rising to $525.40 million.

Future Projections and Dividend: The company anticipates net income between $0.70 to $0.72 per share for fiscal 2025 and declared a quarterly cash dividend of $0.25 per share, payable on March 21, 2025.

Q4 Earnings Performance: Kimco Realty reported Q4 earnings per share of $0.42, matching analyst expectations, with revenue of $525.4 million exceeding forecasts due to increased rents and strong leasing activity.

2025 Guidance and Outlook: The company provided a 2025 FFO guidance midpoint of $1.71 per share, aligning with analyst estimates, while expecting same-property net operating income to rise at least 2% and planning for acquisitions totaling $100M-$125M.

Kimco Realty Q4 Performance: Kimco reported Q4 revenue of $525.40 million, exceeding the consensus estimate, and highlighted strong leasing results and successful integration of the RPT acquisition as key drivers for growth in net operating income and funds from operations (FFO).

Future Outlook: CEO Conor Flynn emphasized the company's strategic positioning with high-quality, grocery-anchored centers in core markets, indicating confidence in sustaining strong operational performance and value creation for shareholders moving forward.

Financial Projections: The company anticipates a 2.0%+ growth in Same Property NOI for FY25, with expected credit loss as a percentage of total pro-rata rental revenues ranging from 75bps to 100bps, and capital expenditures estimated between $250M and $300M.

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