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Kimco Realty Corp Stock Research

KIM

17.44USD-0.25(-1.41%)Market Closed
Watchlist

Market Summary

USD17.44-0.25
Market Closed
-1.41%

KIM Alerts

  • Big jump in Earnings (Y/Y)

KIM Stock Price

KIM RSI Chart

KIM Valuation

Market Cap

10.8B

Price/Earnings (Trailing)

26.72

Price/Sales (Trailing)

6.15

EV/EBITDA

8.76

Price/Free Cashflow

10.61

KIM Price/Sales (Trailing)

KIM Profitability

EBT Margin

7.79%

Return on Equity

1.85%

Return on Assets

0.99%

Free Cashflow Yield

9.43%

KIM Fundamentals

KIM Revenue

Revenue (TTM)

1.8B

Revenue Y/Y

3.66%

Revenue Q/Q

-0.01%

KIM Earnings

Earnings (TTM)

404.6M

Earnings Y/Y

189.23%

Earnings Q/Q

-63.2%

Price Action

52 Week Range

17.3123.18
(Low)(High)

Last 7 days

-5.7%

Last 30 days

-7.0%

Last 90 days

-17.0%

Trailing 12 Months

-3.3%

KIM Financial Health

KIM Investor Care

Shares Dilution (1Y)

0.69%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for KIM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-28
LOURENSO FRANK
sold
-199,351
20.701
-9,630
-
2023-02-16
COVIELLO PHILIP E JR
acquired
-
-
8,220
-
2023-02-16
SALTZMAN RICHARD B
acquired
-
-
8,220
-
2023-02-16
Cooper Ross
acquired
-
-
194,057
president
2023-02-16
Jamieson David
acquired
-
-
194,057
chief operating officer
2023-02-16
COHEN GLENN GARY
sold (taxes)
-1,293,310
21.3
-60,719
exec vp, cfo & treasurer
2023-02-16
COHEN GLENN GARY
acquired
-
-
147,107
exec vp, cfo & treasurer
2023-02-16
Flynn Conor C
acquired
-
-
477,587
chief executive officer
2023-02-16
Moniz Henry
acquired
-
-
8,220
-
2023-02-16
COOPER MILTON
acquired
-
-
223,070
executive chairman

1–10 of 50

Which funds bought or sold KIM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
added
48.7
8,423,000
25,217,000
0.02%
2023-09-12
Farther Finance Advisors, LLC
added
2.82
530
14,396
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
219
3,349
-%
2023-08-23
WOLVERINE TRADING, LLC
added
19.58
148,883
737,883
-%
2023-08-23
CTC Alternative Strategies, Ltd.
new
-
236,344
236,344
0.29%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
248
25,715
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
-
-
-%
2023-08-22
US Asset Management LLC
sold off
-100
-31,000
-
-%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
reduced
-10.41
-51,893
492,408
-%

1–10 of 48

Latest Funds Activity

Are funds buying KIM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own KIM
No. of Funds

Schedule 13G FIlings of Kimco Realty

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 06, 2023
blackrock inc.
10.2%
63,148,797
SC 13G/A
Feb 14, 2023
cohen & steers, inc.
5.50%
34,003,126
SC 13G/A
Feb 09, 2023
vanguard group inc
16.50%
102,073,750
SC 13G/A
Feb 06, 2023
state street corp
7.32%
45,291,716
SC 13G/A
Jan 24, 2023
blackrock inc.
9.8%
60,684,989
SC 13G/A
Feb 14, 2022
cohen & steers, inc.
7.37%
45,452,882
SC 13G
Feb 11, 2022
state street corp
6.02%
37,097,499
SC 13G/A
Feb 10, 2022
vanguard group inc
15.81%
97,456,430
SC 13G/A
Feb 01, 2022
blackrock inc.
8.9%
55,140,654
SC 13G/A
Jan 19, 2022
apg asset management us inc.
2.6%
16,174,700
SC 13G/A

Recent SEC filings of Kimco Realty

View All Filings
Date Filed Form Type Document
Sep 15, 2023
8-K/A
Current Report
Sep 15, 2023
8-K
Current Report
Sep 15, 2023
424B5
Prospectus Filed
Aug 28, 2023
8-K
Current Report
Aug 28, 2023
425
Prospectus Filed
Aug 28, 2023
425
Prospectus Filed
Jul 28, 2023
10-Q
Quarterly Report
Jul 27, 2023
8-K
Current Report
Jun 28, 2023
11-K
Employee Benefit Details

KIM Fair Value

Loading...

Peers (Alternatives to Kimco Realty)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
48.1B
4.4B
-0.64% -17.74%
11.24
10.95
14.80% 87.79%
35.9B
5.1B
-4.87% 20.41%
83.79
6.99
13.73% -68.04%
22.2B
2.0B
-8.85% -11.54%
26.67
11.02
-22.97% -33.54%
20.0B
2.7B
-14.60% -28.78%
26.64
7.46
15.16% 88.51%
10.8B
1.8B
-6.99% -3.33%
26.72
6.15
6.75% -42.80%
MID-CAP
7.4B
1.1B
-7.33% 2.70%
19.01
6.66
8.31% 38.10%
4.6B
820.5M
-2.66% 26.63%
165.56
5.67
29.95% 125.56%
4.1B
1.8B
-1.86% -5.15%
-11.07
2.26
5.60% -286.96%
2.4B
866.2M
-0.63% 43.93%
-27.13
2.73
0.51% -335.26%
SMALL-CAP
2.4B
426.3M
-0.58% 66.41%
24.86
5.52
1.38% 137.97%
2.3B
882.0M
-0.74% -1.41%
-5.19
2.6
11.76% -239.94%
988.7M
732.3M
-5.41% -26.08%
-11.6
1.35
-0.03% -4012.90%
971.6M
339.3M
-13.11% -8.40%
-5.5
2.86
88.48% -168.70%

Kimco Realty News

Best Stocks
KIM Stock Hits Record Low Investors Analyze Potential Price ....
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15 hours ago
Yahoo Entertainment
3 REITs With Upgrades Before The Fed Meeting.
Yahoo Entertainment,
6 days ago
InvestorsObserver
Boston Real Estate Times
InvestorsObserver

Returns for KIM

Cumulative Returns on KIM

2.7%


10-Year Cumulative Returns

-3.3%


7-Year Cumulative Returns

5.1%


5-Year Cumulative Returns

18.1%


3-Year Cumulative Returns

Risks for KIM

What is the probability of a big loss on KIM?

55%


Probability that Kimco Realty stock will be more than 20% underwater in next one year

33.5%


Probability that Kimco Realty stock will be more than 30% underwater in next one year.

19.2%


Probability that Kimco Realty stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does KIM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Kimco Realty was unfortunately bought at previous high price.

Drawdowns

Financials for Kimco Realty

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue0.9%1,7591,7431,7281,7131,6481,5101,3651,2091,1011,0501,0581,0851,1081,1541,1591,1471,1471,1561,1651,1961,208
Operating Expenses0.2%1,2011,1991,1771,1771,1781,071971862755741732733739754761791780797812826840
  S&GA Expenses3.8%12912412011711311010496.0099.0097.0093.0097.0092.0092.0097.0092.0090.0091.0088.0096.0096.00
EBITDA-100.0%-8687768271,2811,4951,3451,4238281,4661,4041,3031,417740767743769----
EBITDA Margin-100.0%-0.50*0.45*0.48*0.78*0.99*0.99*1.18*0.75*1.40*1.33*1.20*1.28*0.64*0.66*0.65*0.67*----
Interest Expenses1.8%235231227223223213204193187189187187183179177175175178183193196
Earnings Before Taxes218.7%43313644.0090.00556831745894347983928833953286312285303375399452425
EBT Margin-100.0%-0.08*0.03*0.05*0.34*0.55*0.55*0.74*0.32*0.94*0.88*0.77*0.86*0.25*0.27*0.25*0.26*----
Net Income126.7%4051781262577079438449644171,0491,0019091,031385411389406470498495515
Net Income Margin-100.0%-0.10*0.07*0.15*0.43*0.62*0.62*0.80*0.38*1.00*0.95*0.84*0.93*0.33*0.35*0.34*0.35*----
Free Cashflow-100.0%-1,012861907768665619541646332339316256332332353348----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.2%17,92817,96117,82617,91618,19818,54418,45918,59111,55911,70011,61411,52411,56011,30510,99811,08511,04111,07010,99911,11011,292
    Cash Equivalents63.0%536329150124297150335483230254293325202452124141114144144146306
Liabilities0.0%8,0798,0828,0868,0628,2138,3158,3368,4195,7715,9535,9285,9695,9246,4156,0516,0875,6505,6505,5645,6335,787
Shareholder's Equity-1.7%9,6239,7869,5169,7039,97210,21510,11010,1555,7725,7285,6705,5375,6184,8724,9294,9745,3675,3975,4115,4565,489
  Retained Earnings-197.0%-20.7521.00-11979.00163413299329-------------
  Additional Paid-In Capital0.1%9,6229,6159,6189,6119,6059,5909,5929,5805,7715,7645,7675,7595,7535,7475,7655,7816,1266,1206,1176,1176,118
Shares Outstanding0.0%620620618618616615617547431431433430430430432420420419421419421
Minority Interest-0.4%13213313113719120421124165.0065.0062.0062.0062.0063.0064.0073.0074.0077.0077.0078.0078.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations0.7%1,0191,012861907768665619541646583590567508584584604599601638637666
  Share Based Compensation5.8%30.0028.0027.0025.0025.0024.0023.0023.0024.0024.0024.0023.0021.0021.0020.0019.0018.0019.0018.0018.0018.00
Cashflow From Investing1497.0%25516.00-63.22-338-585-427-476-434-175-50.64-33.2784.0077.00-171-120-138-75.0315925421581.00
Cashflow From Financing3.2%-1,034-1,068-982-929-115-120-10152.00-442-730-387-467-496-104-482-470-716-834-986-861-584
  Dividend Payments3.3%589570545507476426382347285333380435521526532534530532530522518
  Buy Backs-----14.00-------------75.00100150

KIM Income Statement

2023-06-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Revenues from rental properties, net$ 439,008$ 423,273$ 877,346$ 845,927
Management and other fee income3,8323,9258,3868,520
Total revenues442,840427,198885,732854,447
Operating expenses    
Rent(4,145)(4,070)(8,158)(8,151)
Real estate taxes(57,621)(56,075)(115,127)(110,389)
Operating and maintenance(75,073)(69,784)(150,315)(139,009)
General and administrative(32,734)(27,981)(67,483)(57,929)
Impairment charges0(14,419)(11,806)(14,691)
Depreciation and amortization(129,245)(124,611)(255,546)(254,905)
Total operating expenses(298,818)(296,940)(608,435)(585,074)
Gain on sale of properties13,1702,94452,3767,137
Operating income157,192133,202329,673276,510
Other income/(expense)    
Special dividend income00194,1160
Other income, net7,5716,64210,70312,625
Gain/(loss) on marketable securities, net14,561(261,467)4,417(139,703)
Interest expense(60,674)(56,466)(121,980)(113,485)
Early extinguishment of debt charges0(57)0(7,230)
Income/(loss) before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net118,650(178,146)416,92928,717
(Provision)/benefit for income taxes, net(31,027)(96)(61,856)57
Net income/(loss)109,270(130,727)403,046105,232
Net (income)/loss attributable to noncontrolling interests(2,644)11,226(6,657)12,569
Net income/(loss) attributable to the Company106,626(119,501)396,389117,801
Preferred dividends, net(6,200)(6,250)(12,451)(12,604)
Net income/(loss) available to the Company's common shareholders$ 100,426$ (125,751)$ 383,938$ 105,197
Per common share:    
-Basic (in dollars per share)$ 0.16$ (0.21)$ 0.62$ 0.17
-Diluted (in dollars per share)$ 0.16$ (0.21)$ 0.62$ 0.17
Weighted average shares:    
-Basic (in shares)617,077615,642616,785615,207
-Diluted (in shares)[1]617,257615,642619,749616,943
Joint Ventures [Member]    
Other income/(expense)    
Equity in income, net$ 17,128$ 44,130$ 41,332$ 67,700
Other Real Estate Investments [Member]    
Other income/(expense)    
Equity in income, net4,5193,3856,6418,758
Kimco Realty OP, LLC [Member]    
Revenues    
Revenues from rental properties, net439,008423,273877,346845,927
Management and other fee income3,8323,9258,3868,520
Total revenues442,840427,198885,732854,447
Operating expenses    
Rent(4,145)(4,070)(8,158)(8,151)
Real estate taxes(57,621)(56,075)(115,127)(110,389)
Operating and maintenance(75,073)(69,784)(150,315)(139,009)
General and administrative(32,734)(27,981)(67,483)(57,929)
Impairment charges0(14,419)(11,806)(14,691)
Depreciation and amortization(129,245)(124,611)(255,546)(254,905)
Total operating expenses(298,818)(296,940)(608,435)(585,074)
Gain on sale of properties13,1702,94452,3767,137
Operating income157,192133,202329,673276,510
Other income/(expense)    
Special dividend income00194,1160
Other income, net7,5716,64210,70312,625
Gain/(loss) on marketable securities, net14,561(261,467)4,417(139,703)
Interest expense(60,674)(56,466)(121,980)(113,485)
Early extinguishment of debt charges0(57)0(7,230)
Income/(loss) before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net118,650(178,146)416,92928,717
(Provision)/benefit for income taxes, net(31,027)(96)(61,856)57
Net income/(loss)109,270(130,727)403,046105,232
Net (income)/loss attributable to noncontrolling interests(2,644)11,226(6,657)12,569
Net income/(loss) attributable to the Company106,626(119,501)396,389117,801
Preferred dividends, net(6,200)(6,250)(12,451)(12,604)
Net income/(loss) available to the Company's common shareholders$ 100,426$ (125,751)$ 383,938$ 105,197
Per common share:    
-Basic (in dollars per share)$ 0.16$ (0.21)$ 0.62$ 0.17
-Diluted (in dollars per share)$ 0.16$ (0.21)$ 0.62$ 0.17
Weighted average shares:    
-Basic (in shares)617,077615,642616,785615,207
-Diluted (in shares)617,257615,642619,749616,943
Kimco Realty OP, LLC [Member] | Joint Ventures [Member]    
Other income/(expense)    
Equity in income, net$ 17,128$ 44,130$ 41,332$ 67,700
Kimco Realty OP, LLC [Member] | Other Real Estate Investments [Member]    
Other income/(expense)    
Equity in income, net$ 4,519$ 3,385$ 6,641$ 8,758
[1]The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Net income available to the Company's common shareholders per share. Accordingly, the impact of such conversions has not been included in the determination of diluted earnings per share calculations. Additionally, there were 0.3 million, 0 million and 1.2 million stock options that were not dilutive as of December 31, 2022, 2021 and 2020, respectively.

KIM Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets:  
Real estate, net of accumulated depreciation and amortization of $3,631,686 and $3,417,414, respectively$ 15,019,986$ 15,039,828
Other investments136,600 
Cash and cash equivalents536,477149,829
Marketable securities314,826597,732
Accounts and notes receivable, net294,608304,226
Operating lease right-of-use assets, net130,287133,733
Other assets396,643401,642
Total assets[1]17,927,71817,826,122
Liabilities:  
Notes payable, net6,775,0806,780,969
Mortgages payable, net359,609376,917
Accounts payable and accrued expenses207,545207,815
Dividends payable5,3085,326
Operating lease liabilities111,129113,679
Other liabilities620,706601,574
Total liabilities[1]8,079,3778,086,280
Redeemable noncontrolling interests92,93392,933
Commitments and Contingencies (Footnote 17)
Stockholders' equity:  
Preferred stock, $1.00 par value, authorized 7,054,000 shares; Issued and outstanding (in series) 19,367 and 19,435 shares, respectively; Aggregate liquidation preference $484,179 and $485,868, respectively1919
Common stock, $.01 par value, authorized 750,000,000 shares; Issued and outstanding 619,888,890 and 618,483,565 shares, respectively6,1996,185
Paid-in capital9,621,6869,618,271
Cumulative distributions in excess of net income(20,748)(119,548)
Accumulated other comprehensive income15,94210,581
Total stockholders' equity9,623,0989,515,508
Noncontrolling interests132,310131,401
Total equity9,755,4089,646,909
Total liabilities and equity17,927,71817,826,122
Members' capital:  
Accumulated other comprehensive income15,94210,581
Noncontrolling interests132,310131,401
Total equity9,755,4089,646,909
Total liabilities and equity17,927,71817,826,122
Investments in and Advances to Real Estate Joint Ventures [Member]  
Assets:  
Investments in and advances to real estate joint ventures1,098,3361,091,551
Other Real Estate Investments [Member]  
Assets:  
Other investments136,555107,581
Kimco Realty OP, LLC [Member]  
Assets:  
Real estate, net of accumulated depreciation and amortization of $3,631,686 and $3,417,414, respectively15,019,98615,039,828
Cash and cash equivalents536,477149,829
Marketable securities314,826597,732
Accounts and notes receivable, net294,608304,226
Operating lease right-of-use assets, net130,287133,733
Other assets396,643401,642
Total assets[1]17,927,71817,826,122
Liabilities:  
Notes payable, net6,775,0806,780,969
Mortgages payable, net359,609376,917
Accounts payable and accrued expenses207,545207,815
Dividends payable5,3085,326
Operating lease liabilities111,129113,679
Other liabilities620,706601,574
Total liabilities[1]8,079,3778,086,280
Redeemable noncontrolling interests92,93392,933
Commitments and Contingencies (Footnote 17)
Stockholders' equity:  
Accumulated other comprehensive income15,94210,581
Noncontrolling interests132,310131,401
Total equity9,755,4089,646,909
Total liabilities and equity17,927,71817,826,122
Members' capital:  
Preferred units; Issued and outstanding 19,367 and 19,435 units, respectively467,396469,027
Common units; Issued and outstanding 619,888,890 and 618,483,565 units, respectively9,139,7609,035,900
Accumulated other comprehensive income15,94210,581
Total members' capital9,623,0989,515,508
Noncontrolling interests132,310131,401
Total equity9,755,4089,646,909
Total liabilities and equity17,927,71817,826,122
Kimco Realty OP, LLC [Member] | Investments in and Advances to Real Estate Joint Ventures [Member]  
Assets:  
Investments in and advances to real estate joint ventures1,098,3361,091,551
Kimco Realty OP, LLC [Member] | Other Real Estate Investments [Member]  
Assets:  
Other investments$ 136,555$ 107,581
[1]Total assets include restricted assets of consolidated variable interest entities (“VIEs”) at June 30, 2023 and December 31, 2022 of $396,352 and $436,605, respectively. Total liabilities include non-recourse liabilities of consolidated VIEs at June 30, 2023 and December 31, 2022 of $186,157 and $199,132, respectively. See Footnote 12 of the Notes to Condensed Consolidated Financial Statements.
Conor C. Flynn
610
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.