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Kimco Realty Corp Stock Research

KIM

Market Closed

KIM Alerts

KIM Stock Price

KIM RSI Chart

KIM Valuation

Market Cap

13.2B

Price/Earnings (Trailing)

104.43

Price/Sales (Trailing)

7.61

EV/EBITDA

16.76

Price/Free Cashflow

15.28

KIM Price/Sales (Trailing)

KIM Profitability

EBT Margin

2.56%

Return on Equity

1.32%

Return on Assets

0.71%

Free Cashflow Yield

6.55%

KIM Fundamentals

KIM Revenue

Revenue (TTM)

1.7B

Revenue Y/Y

3.57%

Revenue Q/Q

1.48%

KIM Earnings

Earnings (TTM)

126.0M

Earnings Y/Y

-160.94%

Earnings Q/Q

-185.89%

Price Action

Last 7 days

-0.9%

Last 30 days

-4.1%

Last 90 days

-17.0%

Trailing 12 Months

-25.8%

KIM Financial Health

Debt/Equity

0.72

Debt/Cashflow

0.11

KIM Investor Care

Dividend Yield

3.69%

Dividend/Share (TTM)

0.78

Shares Dilution (1Y)

0.30%

Peers (Alternatives to Kimco Realty)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
50.2B
4.2B
-1.95% -19.53%
11.55
12.01
22.43% 122.66%
27.5B
4.7B
-11.51% -30.78%
72.75
5.86
5.96% -77.90%
21.2B
2.7B
-12.90% -34.85%
27.27
7.81
11.91% -41.71%
20.5B
2.6B
-23.09% -36.12%
39.23
7.91
22.46% -8.68%
13.2B
1.7B
-4.07% -25.83%
104.43
7.61
26.61% -85.07%
MID-CAP
7.5B
1.1B
-12.78% -19.56%
19.52
7
12.95% 47.42%
4.3B
802.0M
-9.18% -8.49%
-338.08
5.33
114.83% 84.36%
2.6B
1.8B
-34.87% -68.35%
-7.52
1.45
13.26% -296.88%
2.0B
859.2M
-22.66% -32.73%
-30.92
2.38
1.38% -563.21%
SMALL-CAP
2.0B
421.4M
1.35% 15.46%
23.02
4.64
3.35% 1705.32%
1.3B
826.7M
-42.91% -73.34%
-17.18
1.62
-2.04% -117.36%
1.0B
190.3M
-3.26% -2.73%
11.34
5.49
12.08% 1950.56%
909.5M
740.4M
-23.50% -61.25%
-24.99
1.23
1.87% -78.85%

Financials for Kimco Realty

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.9%1,7281,7131,6481,5101,365
Operating Expenses0.0%1,1771,1771,1781,071971
  S&GA Expenses2.5%120117113110104
EBITDA-6.2%7768271,2811,495-
EBITDA Margin-7.0%0.45*0.48*0.78*0.99*-
Earnings Before Taxes-50.7%44.0090.00556831745
EBT Margin-51.1%0.03*0.05*0.34*0.55*-
Interest Expenses1.6%227223223213204
Net Income-51.1%126257707943844
Net Income Margin-51.5%0.07*0.15*0.43*0.62*-
Free Cahsflow-5.1%861907768665-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.5%17,82617,91618,19818,54418,459
    Cash Equivalents21.3%150124297370335
Liabilities0.3%8,0868,0628,2138,3158,336
  Long Term Debt-7,027----
Shareholder's Equity-1.9%9,5169,7039,97210,2159,899
  Retained Earnings-251.7%-11979.00163413299
  Additional Paid-In Capital0.1%9,6189,6119,6059,5909,592
Shares Outstanding0.0%618618618618617
Minority Interest-3.9%131137191204211
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-5.1%861907768665619
  Share Based Compensation5.0%27.0025.0025.0024.0023.00
Cashflow From Investing81.3%-63.22-338-585-427-476
Cashflow From Financing-5.8%-982-929-115-120-101
  Dividend Payments7.4%545507476426382
  Buy Backs-14.00----

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

37.3%


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

Returns for KIM

Cumulative Returns on KIM

2.1%


10-Year Cumulative Returns

-1.9%


7-Year Cumulative Returns

9.6%


5-Year Cumulative Returns

27.4%


3-Year Cumulative Returns

What are the long-term rolling returns for KIM?

FIve years rolling returns for Kimco Realty.

Annualized Returns

Which funds bought or sold KIM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
new
-
207,282
207,282
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
38.57
2,528,840
6,785,840
0.01%
2023-03-10
MATHER GROUP, LLC.
sold off
-100
-239,000
-
-%
2023-03-07
Great Lakes Retirement, Inc.
new
-
504,493
504,493
0.13%
2023-03-06
Rockefeller Capital Management L.P.
added
0.5
10,000
76,000
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
48,736
48,736
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
572
1,572
-%
2023-02-28
Voya Investment Management LLC
added
2.79
712,257
4,618,260
0.01%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-79.45
-63,345
19,655
-%
2023-02-24
NATIXIS
added
90.04
832,072
1,533,070
0.01%

1–10 of 47

Latest Funds Activity

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

Kimco Realty News

Best Stocks

Tru Independence LLC Increases Stake in Kimco Realty Corp, as ....

Best Stocks,
91 minutes ago

InvestorsObserver

Nasdaq

InvestorsObserver

Schedule 13G FIlings of Kimco Realty

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jan 12, 2022
jpmorgan chase & co
6.0%
37,266,738
SC 13G/A

KIM Fair Value

Kimco Realty fair value in different scenarios

The table shows the Fair Value estimates for Kimco Realty for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

13.15

-

14.95

-

17.46

-

27.56

-

36.10

-
Current Inflation

12.61

-

14.25

-

16.52

-

24.83

-

32.07

-
Very High Inflation

11.91

-

13.36

-

15.33

-

21.61

-

27.39

-

Historical Kimco Realty Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Kimco Realty

View All Filings
Date Filed Form Type Document
Mar 15, 2023
ARS
ARS
Mar 15, 2023
DEF 14A
DEF 14A
Mar 15, 2023
DEFA14A
DEFA14A
Mar 01, 2023
4
Insider Trading
Feb 24, 2023
10-K
Annual Report
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading

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

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

2022-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues   
Revenues from rental properties, net$ 1,710,848$ 1,349,702$ 1,044,888
Management and other fee income16,83614,88313,005
Total revenues1,727,6841,364,5851,057,893
Operating expenses   
Rent(15,811)(13,773)(11,270)
Real estate taxes(224,729)(181,256)(157,661)
Operating and maintenance(290,367)(222,882)(174,038)
General and administrative(119,534)(104,121)(93,217)
Impairment charges(21,958)(3,597)(6,624)
Merger charges0(50,191)0
Depreciation and amortization(505,000)(395,320)(288,955)
Total operating expenses(1,177,399)(971,140)(731,765)
Gain on sale of properties15,17930,8416,484
Operating income565,464424,286332,612
Other income/(expense)   
Other income, net28,82919,8104,119
(Loss)/gain on marketable securities, net(315,508)505,163594,753
Gain on sale of cost method investment00190,832
Interest expense(226,823)(204,133)(186,904)
Early extinguishment of debt charges(7,658)0(7,538)
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net44,304745,126927,874
Provision for income taxes, net(56,654)(3,380)(978)
Net income114,534849,6961,002,877
Net loss/(income) attributable to noncontrolling interests11,442(5,637)(2,044)
Net income attributable to the Company125,976844,0591,000,833
Preferred dividends(25,218)(25,416)(25,416)
Net income available to the Company's common shareholders$ 100,758$ 818,643$ 975,417
Per common share:   
-Basic (in dollars per share)$ 0.16$ 1.61$ 2.26
-Diluted (in dollars per share)$ 0.16$ 1.60$ 2.25
Weighted average shares:   
-Basic (in shares)615,528506,248429,950
-Diluted (in shares)[1]617,858511,385431,633
Joint Ventures [Member]   
Other income/(expense)   
Equity in income, net$ 109,481$ 84,778$ 47,353
Other Real Estate Investments [Member]   
Other income/(expense)   
Equity in income, net$ 17,403$ 23,172$ 28,628
[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

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets:  
Land$ 4,124,542$ 3,984,447
Building and improvements14,332,70014,067,824
Real estate18,457,24218,052,271
Less: accumulated depreciation and amortization[1](3,417,414)(3,010,699)
Total real estate, net15,039,82815,041,572
Investments in and advances to real estate joint ventures1,100,0001,000,000
Cash and cash equivalents149,829334,663
Marketable securities597,7321,211,739
Accounts and notes receivable, net304,226254,677
Deferred charges and prepaid expenses147,863144,461
Operating lease right-of-use assets, net133,733147,458
Other assets253,779195,715
Total assets[2]17,826,12218,459,199
Liabilities:  
Notes payable, net6,780,9697,027,050
Mortgages payable, net376,917448,652
Accounts payable and accrued expenses207,815220,308
Dividends payable5,3265,366
Operating lease liabilities113,679[3]123,779
Other liabilities601,574510,382
Total liabilities[4]8,086,2808,335,537
Redeemable noncontrolling interests92,93313,480
Commitments and contingencies (Footnote 22)
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, $.01 par value, authorized 750,000,000 shares; issued and outstanding 618,483,565 and 616,658,593 shares, respectively6,1856,167
Paid-in capital9,618,2719,591,871
Retained earnings(119,548)299,115
Accumulated other comprehensive income10,5812,216
Total stockholders' equity9,515,5089,899,389
Noncontrolling interests131,401210,793
Total equity9,646,90910,110,182
Total liabilities and equity17,826,12218,459,199
Investments in and Advances to Real Estate Joint Ventures [Member]  
Assets:  
Investments in and advances to real estate joint ventures1,091,5511,006,899
Other Real Estate Investments [Member]  
Assets:  
Other investments$ 107,581$ 122,015
[1]At December 31, 2022 and 2021, the Company had accumulated amortization relating to in-place leases and above-market leases aggregating $671,794 and $569,648, respectively.
[2]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.
[3]Operating lease liabilities are included in Operating lease liabilities and financing lease liabilities are included in Other liabilities on the Company's Consolidated Balance Sheets.
[4]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.