Kimco Realty – Understanding the Basics

By Ken Smith • Saturday, February 15 10:07 • Permanent Link

One of the losers of today's trading session was Kimco Realty. Shares of the Specialty real estate investment trust company plunged -2.9%, and some investors may be wondering if its price of $21.8 would make a good entry point. Here's what you should know if you are considering this investment:

Kimco Realty has moved 11.0% over the last year, and the S&P 500 logged a change of 22.9%
KIM has an average analyst rating of buy and is -15.34% away from its mean target price of $25.75 per share
Its trailing earnings per share (EPS) is $0.55
Kimco Realty has a trailing 12 month Price to Earnings (P/E) ratio of 39.6 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $0.7 and its forward P/E ratio is 31.1
The company has a Price to Book (P/B) ratio of 1.39 in contrast to the S&P 500's average ratio of 4.74
Kimco Realty is part of the Real Estate sector, which has an average P/E ratio of 31.12 and an average P/B of 2.15
KIM has reported YOY quarterly earnings growth of 6.0% and gross profit margins of 0.7%
The company has a free cash flow of $865.84 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Kimco Realty (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of December 31, 2024, the company owned interests in 568 U.S. shopping centers and mixed-use assets comprising 101 million square feet of gross leasable space.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.