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KIM

22.72USD+0.09(+0.40%)Market Closed

Kimco Realty Corp

Market Summary

USD22.72+0.09Market Closed
0.40%

KIM Alerts

KIM Stock Price

RSI Chart

Valuation

Market Cap

13.1B

Price/Earnings

50.71

Price/Sales

7.62

Price/Cashflow

14.39

MarketCap/EBT

145.23

Price/Sales

Profitability

EBT Margin

5.25%

Return on Equity

2.62%

Return on Assets

1.44%

Fundamentals

Revenue

Revenue (TTM)

1.7B

Revenue Y/Y

17.58%

Revenue Q/Q

1.45%

Earnings

Earnings (TTM)

257.4M

Earnings Y/Y

-88.59%

Earnings Q/Q

148.5%

Price Action

52 Week Range

17.7126.33
(Low)(High)

Last 7 days

2.6%

Last 30 days

10.8%

Last 90 days

4.6%

Trailing 12 Months

-4.5%

Financial Health

Debt/Equity

0.72

Debt/Cashflow

0.11

Investor Care

Dividend Yield

3.69%

Dividend/Share (TTM)

0.78

Shares Dilution (1Y)

0.33%

Peers (Alternatives to Kimco Realty)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
4.0B
0.18% -5.58%
24.01
14.3
23.61% 170.44%
36.1B
5.2B
14.38% -25.80%
14.04
7.05
10.93% 41.97%
29.1B
4.6B
10.97% -31.33%
21.77
6.46
4.35% 106.20%
23.9B
2.5B
10.01% -24.70%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
-0.49% -25.34%
20.74
8.86
10.21% 8.14%
13.1B
1.7B
10.83% -4.54%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
15.16% -12.90%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
9.84% -39.00%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
18.80% 3.41%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
5.73% -40.72%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
29.40% -33.33%
63.8
2.74
5.87% 46.68%
2.1B
187.6M
0.33% 22.89%
32.23
11.01
10.33% 2884.17%
SMALL-CAP
1.9B
432.4M
11.69% -7.50%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-4.66% -28.04%
538.82
1.96
2.16% 107.41%
1.2B
-
7.32% 2.24%
5
3.44
120.87% 1462.96%

Financials for Kimco Realty

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.9%1,7131,6481,5101,3651,209
Operating Expenses-0.1%1,1771,1781,071971862
  S&GA Expenses2.9%11311010496
Earnings Before Taxes-83.8%90556831745894
Net Income-63.6%257707943844964
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.5%17,91618,19818,54418,45918,591
    Cash Equivalents-59.1%120294367326474
Liabilities-1.8%8,0628,2138,3158,3368,419
  Long Term Debt-7,027----
Shareholder's Equity0.6%9,8409,78110,0119,8999,914
  Retained Earnings-51.7%79163413299329
  Additional Paid-In Capital0.1%9,6119,6059,5909,5929,580
Shares Outstanding0.0%618618618617616
Minority Interest-28.3%137191204211241
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations18.2%907768665619541
  Share Based Compensation2.0%2525242323
Cashflow From Investing42.3%-338.10-585.51-427.95-476.26-434.42
Cashflow From Financing-706.0%-929.20-115.29-120.64-101.1452
  Dividend Payments11.8%474424380344
  Buy Backs-14

Risks

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

38.5%


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.

Returns

Cumulative Returns on KIM

6.6%


10-Year Cumulative Returns

2.6%


7-Year Cumulative Returns

9%


5-Year Cumulative Returns

5.5%


3-Year Cumulative Returns

What are the long-term rolling returns for KIM?

FIve years rolling returns for Kimco Realty.

Which funds bought or sold KIM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
308
1,000
-%
2022-11-22
CVA Family Office, LLC
REDUCED
-16.55
-6,000
22,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,981,000
2,981,000
0.04%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-24.95
-98,000
228,000
0.23%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
83,000
83,000
-%
2022-11-21
Ninepoint Partners LP
UNCHANGED
-
-14,000
191,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.9
-1,566,000
18,732,000
0.03%
2022-11-18
National Pension Service
REDUCED
-2.68
-1,989,000
16,091,000
0.03%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-1,000
14,000
-%
2022-11-17
M&T Bank Corp
REDUCED
-0.12
117,000
1,770,000
0.01%

1–10 of 44

Latest Funds Activity

Are funds buying KIM calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own KIM

Kimco Realty News

Yahoo Finance

Investors Show Optimism For Retail REITs On Black Friday.34 hours ago

Seeking Alpha

KIM Fair Value

Recent SEC filings of Kimco Realty

View All Filings
Date Filed Form Type Document
Oct 28, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Oct 14, 2022
4
Insider Trading
Aug 24, 2022
8-K
Current Report

Latest Insider Trading transactions for KIM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-05-03
COHEN GLENN GARY
SOLD
-250,700
25.07
-10,000
Exec VP, CFO & Treasurer
2022-02-22
LOURENSO FRANK
SOLD
-192,019
23.4513
-8,188
-
2022-02-17
WESTBROOK PAUL
SOLD (Taxes)
-114,943
24.27
-4,736
VP, Chief Accounting Officer
2022-02-17
Moniz Henry
ACQUIRED
-
-
7,210
-
2022-02-17
LOURENSO FRANK
ACQUIRED
-
-
7,210
-
2022-02-17
Jamieson David
SOLD (Taxes)
-893,864
24.27
-36,830
Chief Operating Officer
2022-02-17
COVIELLO PHILIP E JR
ACQUIRED
-
-
7,210
-
2022-02-17
WESTBROOK PAUL
ACQUIRED
-
-
12,365
VP, Chief Accounting Officer
2022-02-17
Flynn Conor C
SOLD (Taxes)
-2,809,280
24.27
-115,751
Chief Executive Officer
2022-02-17
Jamieson David
ACQUIRED
-
-
138,064
Chief Operating Officer

1–10 of 50

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.

KIM Income Statement

2022-09-30
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Revenues from rental properties, net$ 429,042$ 364,694$ 1,274,969$ 929,297
Management and other fee income4,3613,91312,88110,634
Total revenues433,403368,6071,287,850939,931
Operating expenses    
Rent(3,703)(3,678)(11,854)(9,706)
Real estate taxes(55,578)(50,594)(165,967)(129,124)
Operating and maintenance(71,457)(52,063)(210,466)(145,480)
General and administrative(29,677)(25,904)(87,606)(75,136)
Impairment charges(7,067)(850)(21,758)(954)
Merger charges0(46,998)0(50,191)
Depreciation and amortization(125,419)(114,238)(380,324)(261,687)
Total operating expenses(292,901)(294,325)(877,975)(672,278)
Gain on sale of properties3,8211,97510,95830,841
Operating income144,32376,257420,833298,494
Other income/(expense)    
Other income, net6,2266,69618,85111,834
(Loss)/gain on marketable securities, net(75,491)457,127(215,194)542,510
Interest expense(52,391)(52,126)(165,876)(146,654)
Early extinguishment of debt charges(428)0(7,658)0
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net22,239487,95450,956706,184
Benefit/(provision) for income taxes, net1,039(314)1,096(2,897)
Net income56,371509,204161,603767,747
Net loss/(income) attributable to noncontrolling interests1,583(1,465)14,152(5,369)
Net income attributable to the Company57,954507,739175,755762,378
Preferred dividends, net(6,307)(6,354)(18,911)(19,062)
Net income available to the Company's common shareholders$ 51,647$ 501,385$ 156,844$ 743,316
Per common share:    
-Basic (in dollars per share)$ 0.08$ 0.91$ 0.25$ 1.57
-Diluted (in dollars per share)$ 0.08$ 0.91$ 0.25$ 1.56
Weighted average shares:    
-Basic (in shares)615,832546,842615,417469,885
-Diluted (in shares)[1]618,018548,766617,856474,452
Joint Ventures [Member]    
Other income/(expense)    
Equity in income, net$ 26,360$ 20,025$ 94,060$ 54,095
Other Real Estate Investments [Member]    
Other income/(expense)    
Equity in income, net$ 6,733$ 1,539$ 15,491$ 10,365
[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 and 0.5 million stock options that were not dilutive as of September 30, 2022 and 2021, respectively.

KIM Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets:  
Real estate, net of accumulated depreciation and amortization of $3,336,473 and $3,010,699, respectively$ 14,748,910$ 15,035,900
Cash and cash equivalents123,531334,663
Marketable securities999,0941,211,739
Accounts and notes receivable, net269,887254,677
Operating lease right-of-use assets, net135,429147,458
Other assets434,711340,176
Total assets[1]17,915,56918,459,199
Liabilities:  
Notes payable, net6,909,3827,027,050
Mortgages payable, net300,739448,652
Dividends payable5,3265,366
Operating lease liabilities114,923123,779
Other liabilities732,081730,690
Total liabilities[2]8,062,4518,335,537
Redeemable noncontrolling interests13,27013,480
Commitments and Contingencies (Footnote 18)
Stockholders' equity:  
Preferred stock, $1.00 par value, authorized 7,054,000 shares; Issued and outstanding (in series) 19,435 and 19,580 shares, respectively; Aggregate liquidation preference $485,868 and $489,500, respectively1920
Common stock, $.01 par value, authorized 750,000,000 shares; Issued and outstanding 618,462,620 and 616,658,593 shares, respectively6,1856,167
Paid-in capital9,611,3829,591,871
Retained earnings78,790299,115
Accumulated other comprehensive income6,6882,216
Total stockholders' equity9,703,0649,899,389
Noncontrolling interests136,784210,793
Total equity9,839,84810,110,182
Total liabilities and equity17,915,56918,459,199
Real Estate Under Development [Member]  
Assets:  
Real estate under development5,6725,672
Investments in and Advances to Real Estate Joint Ventures [Member]  
Assets:  
Investments in and advances to real estate joint ventures1,092,3511,006,899
Other Real Estate Investments [Member]  
Assets:  
Other investments$ 105,984$ 122,015
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at September 30, 2022 and December 31, 2021 of $88,949 and $227,858, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements.
[2]Includes non-recourse liabilities of consolidated VIEs at September 30, 2022 and December 31, 2021 of $100,291 and $153,924, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements.