Kimco Realty Stock (NYSE:KIM), Trade Ideas

Kimco Realty

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 523 shopping centers throughout major markets in the US, representing roughly 77 million square feet.

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4 REITs With Recent Analyst Downgrades

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BofA Securities analyst Jeffrey Spector upgraded AKR, Tanger Inc., and downgraded KIM and ROIC after Retail Executive Summit with 8 REITs.

Analyzing Retail REITs: Upgraded Outlook for Tanger, Downgraded Expectations for Kimco and ROIC

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Kimco Realty Corporation (HC) Common Stock

Kimco Realty Corp

Kimo Inc

Kia Corp

Kimco Realty Corporation Class L Depositary Shares, each of which represents a one-one thousandth fractional interest in a share of 5.125% Class L Cumulative Redeemable Preferred Stock, liquidation preference $25,000.00 per share

Kimco Realty Corporation Class M Depositary Shares, each of which represents a one-one thousandth fractional interest in a share of 5.25% Class M Cumulative Redeemable Preferred Stock, liquidation preference $25,000.00 per share

Kimco Realty Corporation Depositary Shares, each representing 1/1,000th interest in a share of 7.25% Class N Cumulative Convertible Perpetual Preferred Stock

It's always interesting to see the timing of analyst downgrades. The best downgrades usually come after a lengthy price runup that looks unsustainable, but sometimes an analyst will downgrade a stock after a sizeable pullback in price. When that happens, some investors see it as a contrarian indicator, speculating that extreme bearishness is now built into the stock and a reversal could be forthcoming.
Take a look at four real estate investment trusts (REITs) that have received analyst downgrades in the past week. One just ran up over 22% on news that it has been acquired, but the others have all suffered large price declines over the past few months.
Apartment Income REIT Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIRC#NYSE">AIRC</a>) is a Denver-based residential REIT that owns 76 rental housing communities with 26,626 units in 10 states on both U.S. coasts.
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On April 8, Apartment Income REIT announced it's being acquired by Blackstone Real Estate Partners X, a real estate fund of Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), for $10 billion for $39.12 per share. The deal is expected to close in the third quarter of 2024 and the portfolio will be taken private. Apartment Income will cease paying dividends immediately and will no longer be a publicly traded REIT.
On April 8, Janney Montgomery Scott analyst Robert Stevenson downgraded Apartment Income REIT from Buy to Neutral. The downgrade is understandable given that Apartment Income jumped over 22% from a closing price of $31.11 on April 5 to a closing price of $38.38 on April 8.&nbsp;
Broadstone Net Lease Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNL#NYSE">BNL</a>) is a Rochester, New York-based internally managed, diversified net-lease REIT. It was founded in 2007 and had its initial public offering (IPO) in 2020.
At the end of 2023, Broadstone's portfolio included 796 properties, with most across 44 states and a handful of them in four Canadian provinces. Broadstone has 220 tenants in 53 industries and an occupancy rate of 99.4%. Broadstone leases properties with a net-lease strategy and a weighted average lease term (WALT) of 10.5 years. Its leases carry a 2% annual rent escalation.&nbsp;
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On April 8, Wolfe Research analyst Andrew Rosivach downgraded Broadstone Net Lease from Outperform to Peer Perform.
Although its metrics seem to be strong and it pays a 7.5% annual dividend yield, Broadstone is down 11.82% year to date.
Retail Opportunity Investments Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIC#NASDAQ">ROIC</a>) is a San Diego- based retail REIT that acquires, owns, leases and manages shopping centers are anchored by national or regional supermarkets and drugstores. Its properties are located on the U.S. West Coast. At the end of 2023, it owned 94 shopping centers totaling 10.6 million square feet and housing 2,057 tenants. Its portfolio lease rate was 97.7%. Retail Opportunity is a member of the S&amp;P Small Cap 600 Index
On April 5, Bank of America Securities analyst Jeffrey Spector downgraded Retail Opportunity Investments from Neutral to Underperform and cut the price target from $14.50 to $12.&nbsp;
Spector feels that Retail Opportunity will have a smaller opportunity to achieve growth than its peers. He sees full-year funds from operations (FFO) for 2024 as $1.04 per share and $1.06 per share in 2025, whereas the consensus estimate in 2024 is for $1.06 per share and $1.09 per share in 2025.
Like Broadstone, Retail Opportunity is having a tough year and is down 10.45% year to date.
Kimco Realty Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) is a Jericho, New York-based retail REIT that owns and operates 523 open-air, grocery store-anchored and nonanchored properties with 90 million square feet of leasable space as well as ground leases. Its pro-rata occupancy at the end of 2023 was 96.2%, and 94% of its properties are in coastal and Sun Belt markets.&nbsp;
Kimco Realty was founded in 1958, is a member of the S&amp;P 500 and has been publicly traded on the New York Stock Exchange (NYSE) since 1991. Its tenants include Target, Floor &amp; Decor, Chipotle Mexican Grill, Panera Bread, Dollar Tree and Five Below stores.
On April 5, Bank of America Securities analyst Spector also downgraded Kimco Realty, from Buy to Neutral, while slashing the price target from $24 to $20.The analyst noted that Kimco will have less accretion because it acquired RPT Realty.&nbsp;
The analyst sees full-year FFO in 2024 at $1.56 per share and $1.65 per share in 2025. The consensus estimate is for $1.58 in 2024 and $1.66 in 2025.
On Dec. 14, Kimco gapped up from $20.02 to a high of $22.55. But since then, the REIT has lost over 17% and recently closed at $18.66.
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Shares of REITs are trading lower as Treasury yields rise following hotter-than-expected March inflation data.

BofA Securities&nbsp;analyst Jeffrey Spector changed the rating for a few retail REITS following their Retail Executive Summit with 8 REITs.
The analyst upgraded&nbsp;Acadia Realty Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AKR#NYSE">AKR</a>) to Buy from Neutral at an increased&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/AKR/analyst-ratings" rel="noreferrer noopener">price target of $20 (from $18)</a>.
The rating reflects the leading internal growth outlook, near-term&nbsp;
growth opportunities, upside to FY24 guidance from recovering&nbsp;
Street retail assets include lagging markets like Chicago and lower capital expenditure on Street leases.
The analyst estimates an FFO per share of $1.30 in 2024 and $1.35 in 2025.&nbsp;
Spector also increased the rating on&nbsp;Tanger Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKT#NYSE">SKT</a>) to Neutral (from Underperform) and upped&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/SKT/analyst-ratings" rel="noreferrer noopener">the price target to $31 from $24</a>.
The bullish stance reflects the company&#8217;s strong platform and balance sheet, successful efforts to improve assets, and increased earnings visibility.
The analyst estimates the FFO per share to be $2.06 in 2024 and $2.14 in 2025.
Spector downgraded&nbsp;Kimco Realty Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) to Neutral from Buy and cut the&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/KIM/analyst-ratings" rel="noreferrer noopener">price target to $20 (from $24)</a>.
The rating change reflects less accretion from the company&#8217;s acquisition of RPT Realty <a href="https://www.benzinga.com/markets/equities/23/08/34066817/kimco-pens-2b-merger-deal-with-rpt-realty-boosts-coastal-and-sun-belt-markets-footprints" target="_blank" rel="noreferrer noopener">for around $2 billion</a>.
Kimco closed the acquisition of&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/01/b36450624/kimco-realty-closes-acquisition-of-rpt-realty" rel="noreferrer noopener">RPT in January 2024</a>.
The analyst estimates the FFO per share to be $1.56 in 2024 and $1.65 in 2025.
Also, the analyst lowered the rating on&nbsp;Retail Opportunity Investments Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROIC#NYSE">ROIC</a>) to Underperform from Neutral and slashed the&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/ROIC/analyst-ratings" rel="noreferrer noopener">price target to $12 (from $14.5)</a>.
The lowered rating is due to higher risk for the company&#8217;s dilutive acquisitions (vs. better-positioned peers) and smaller opportunity sets for achieving growth.
The analyst estimates the FFO per share to be $1.04 in 2024 and $1.06 in 2025.
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B of A Securities analyst Jeffrey Spector downgrades Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) from Buy to Neutral and lowers the price target from $24 to $20.

News

Analyst Ratings

B of A Securities Downgrades Kimco Realty to Neutral, Lowers Price Target to $20

Throughout the last three months, 6 analysts have evaluated Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>), offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Kimco Realty, presenting an average target of $21.0, a high estimate of $22.00, and a low estimate of $20.00. Observing a downward trend, the current average is 7.37% lower than the prior average price target of $22.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1712239228_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A clear picture of Kimco Realty's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Wesley Golladay</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Michael Bilerman</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$20.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Linda Tsai</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$22.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kimco Realty. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Kimco Realty compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Kimco Realty's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Kimco Realty's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/KIM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kimco Realty analyst ratings.</a>
<h2>About Kimco Realty</h2>
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 523 shopping centers throughout major markets in the US, representing roughly 77 million square feet.
<h3>Breaking Down Kimco Realty's Financial Performance</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Kimco Realty's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 2.68%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: Kimco Realty's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 29.42%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Kimco Realty's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.39%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Kimco Realty's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.73%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Kimco Realty's debt-to-equity ratio is below the industry average at 0.81, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: Kimco Realty In The Eyes Of 6 Experts

Baird analyst Wesley Golladay maintains Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) with a Outperform and lowers the price target from $23 to $21.

Baird Maintains Outperform on Kimco Realty, Lowers Price Target to $21

Kimco Realty shares are trading lower after Citigroup downgraded the stock from Buy to Neutral and lowered its price target from $26 to $20.

Citigroup analyst Michael Bilerman downgrades Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) from Buy to Neutral and lowers the price target from $26 to $20.

Citigroup Downgrades Kimco Realty to Neutral, Lowers Price Target to $20

Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Kimco Realty and provided 12-month price targets. The average target is $22.2, accompanied by a high estimate of $26.00 and a low estimate of $20.00. Staying constant with the previous average price target, the current average remains unchanged. 
<img src="https://www.benzinga.com/files/images/story/2024/1710262826_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The perception of Kimco Realty by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$20.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Linda Tsai</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$22.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$26.00</td>
<td>$24.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Kimco Realty. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kimco Realty compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Kimco Realty's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Kimco Realty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/KIM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kimco Realty analyst ratings.</a>
<h2>Discovering Kimco Realty: A Closer Look</h2>
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.
<h3>Breaking Down Kimco Realty's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Kimco Realty showcased positive performance, achieving a revenue growth rate of 2.68% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Kimco Realty's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 29.42%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Kimco Realty's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.39%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Kimco Realty's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.73%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Kimco Realty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.81.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What 5 Analyst Ratings Have To Say About Kimco Realty

Evercore ISI Group analyst Steve Sakwa maintains Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) with a In-Line and lowers the price target from $21 to $20.

Evercore ISI Group Maintains In-Line on Kimco Realty, Lowers Price Target to $20

Jefferies analyst Linda Tsai maintains Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) with a Buy and lowers the price target from $24 to $22.

Jefferies Maintains Buy on Kimco Realty, Lowers Price Target to $22

Throughout the last three months, 4 analysts have evaluated Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>), offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Kimco Realty, revealing an average target of $22.69, a high estimate of $26.00, and a low estimate of $21.00. Observing a 4.95% increase, the current average has risen from the previous average price target of $21.62. 
<img src="https://www.benzinga.com/files/images/story/2024/1708704029_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Kimco Realty. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$21.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$26.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$21.75</td>
<td>$20.50</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Kimco Realty. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kimco Realty compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Kimco Realty's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Kimco Realty's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/KIM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kimco Realty analyst ratings.</a>
<h2>Discovering Kimco Realty: A Closer Look</h2>
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.
<h3>Financial Milestones: Kimco Realty's Journey</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Kimco Realty's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 1.24%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Kimco Realty's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 29.53%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Kimco Realty's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.4%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Kimco Realty's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.74%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Kimco Realty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.81.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cracking The Code: Understanding Analyst Reviews For Kimco Realty

Earnings

General

Kimco Realty Achieved Q4 Pro-rata Portfolio Occupancy Of 96.2%, Representing A 70-basis-point Sequential Increase, The Largest In Over 15 Years

Guidance

Kimco Realty Forecasts 2024 FFO Guidance Of $1.54-$1.58 Versus Consensus Of $1.62

Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) reported quarterly earnings of $0.39 per share which met the analyst consensus estimate. This is a 2.63 percent increase over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $451.60 million which beat the analyst consensus estimate of $448.36 million by 0.72 percent. This is a 2.68 percent increase over sales of $439.83 million the same period last year.

Kimco Realty Q4 FFO $0.39, Inline, Sales $451.60M Beat $448.36M Estimate

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Earnings Scheduled For February 8, 2024

Kimco Realty Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>), with its appealing 4.8% dividend yield, is poised to capitalize on a unique trend in consumer behavior, especially relevant during the Super Bowl season. As ticket prices for the Super Bowl soar, making attendance a costly affair, fans are increasingly turning to hosting Super Bowl parties to enjoy the game. This year, with the Chiefs and Niners boasting substantial fan bases, Super Bowl LVIII is expected to generate significant retail activity, particularly in the sectors where Kimco&#8217;s properties are concentrated. This shift towards communal viewing experiences presents a lucrative opportunity for Kimco, given its portfolio of open-air, grocery-anchored shopping centers that become essential destinations for party hosts stocking up on supplies.
<h2 class="wp-block-heading">Don't Miss:</h2>
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<li>Investing in real estate just got a whole lot simpler. This<a href="https://www.benzinga.com/money/dara-khosrowshahi-backed-startup-lets-you-become-a-landlord-with-100"> Dara Khosrowshahi-backed startup</a> will allow you to become a landlord in just 10 minutes, and you only need $100.</li>
<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus &amp; Millichap is changing that,<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> allowing individuals to invest in commercial real estate with as little as $5,000.&nbsp;</a></li>
</ul>
The trend of hosting Super Bowl parties, fueled by expensive ticket prices, has turned the event into a retail phenomenon, with spikes in sales of food, beverages, and fan merchandise. Kimco&#8217;s shopping centers, strategically located in key urban and suburban areas, are ideally positioned to benefit from this surge in consumer spending. The presence of grocery stores, beverage outlets, and party supply stores within Kimco&#8217;s properties makes them go-to locations for fans preparing for Super Bowl festivities.
Investing in Kimco offers a two-fold advantage. As a REIT, Kimco provides investors with a steady income through dividends, as mandated by its distribution requirements. Furthermore, the company&#8217;s focus on retail centers, particularly those catering to everyday needs, aligns with consumer trends towards hosting gatherings for major events like the Super Bowl and driving foot traffic and sales at Kimco&#8217;s properties.
The extensive footprint of Kimco&#8217;s properties ensures a diversified risk profile and a robust tenant base, crucial for sustained demand. The fan-driven retail activity surrounding Super Bowl LVIII, especially with the enthusiastic followings of the Chiefs and Niners, underscores the ongoing appeal of Kimco&#8217;s retail spaces. In the third quarter of 2023, Kimco declared a dividend of $0.24 per share, with total dividends paid from January to September 2023 reaching $0.70.
The investment in Kimco transcends traditional real estate; it&#8217;s a strategic play on the popular trend of at-home Super Bowl celebrations, amplified by the prohibitive cost of game-day tickets. As the tradition of Super Bowl parties continues to grow, driven by the passion of the Chiefs and Niners fan base this year, Kimco&#8217;s role in facilitating these community events through its retail offerings becomes ever more vital, potentially enhancing its dividend prospects. This unique position makes Kimco an attractive choice for investors looking to leverage the retail upswing associated with one of America&#8217;s most celebrated sporting events.
<h2 class="wp-block-heading">Read Next:</h2>
<ul>
<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus &amp; Millichap is changing that,<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> allowing individuals to invest in commercial real estate with as little as $5,000.&nbsp;</a></li>
<li>Collecting passive income from real estate just got a whole lot simpler. A new<a href="https://www.benzinga.com/money/dara-khosrowshahi-backed-startup-lets-you-become-a-landlord-with-100"> real estate fund backed by Dara Khosrowshahi</a> gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.</li>
</ul>
Image credit: Shutterstock

Can't Afford Super Bowl Tickets? This Investment Hack Lets You Win Anyway

The office real estate market has entered a challenging year, grappling with significant challenges represented by disruptive industry trends <a href="https://www.benzinga.com/real-estate">and upcoming financial maturities. </a>
As highlighted by recent data from Trepp, an astounding $2.77 trillion of commercial real estate debt, accounting for half of all outstanding commercial real estate debt, is set to mature between 2023 and 2027. Of this, nearly $500 billion is due in 2024 alone. 
This looming maturity cliff, coupled with declining property values and high-for-longer interest rates, presents a daunting challenge for both lenders and borrowers in refinancing this volume of debt.
Commercial Mortgage Maturities by Lender Type
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Year</th>
<th>Total Due ($ Billion)</th>
<th>Banks ($ Billion)</th>
<th>CMBS ($ Billion)</th>
<th>Life Cos ($ Billion)</th>
<th>GSE ($ Billion)</th>
<th>Other ($ Billion)</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023</td>
<td>$541.2</td>
<td>$270.4</td>
<td>$107.7</td>
<td>$42.5</td>
<td>$58.4</td>
<td>$62.2</td>
</tr>
<tr>
<td>2024</td>
<td>$544.3</td>
<td>$277.2</td>
<td>$81.7</td>
<td>$46.7</td>
<td>$68.9</td>
<td>$69.7</td>
</tr>
<tr>
<td>2025</td>
<td>$533.2</td>
<td>$283.1</td>
<td>$53.3</td>
<td>$49.1</td>
<td>$82.3</td>
<td>$65.3</td>
</tr>
<tr>
<td>2026</td>
<td>$561.4</td>
<td>$298.3</td>
<td>$40.7</td>
<td>$52.3</td>
<td>$102.3</td>
<td>$67.9</td>
</tr>
<tr>
<td>2027</td>
<td>$602.0</td>
<td>$313.8</td>
<td>$40.7</td>
<td>$55.9</td>
<td>$120.4</td>
<td>$71.2</td>
</tr>
<tr>
<td>2028</td>
<td>$565.9</td>
<td>$293.3</td>
<td>$35.7</td>
<td>$57.1</td>
<td>$113.3</td>
<td>$66.5</td>
</tr>
<tr>
<td>Total (2024-2028)</td>
<td>$2,806.7</td>
<td>$1,465.8</td>
<td>$252.1</td>
<td>$261.1</td>
<td>$487.2</td>
<td>$340.5</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Trepp Inc., based on Federal Reserve Flow of Funds Data</figcaption></figure>
<h2 class="wp-block-heading">Office Real Estate Industry Confronts Major Hurdles</h2>
Dr. Stephen Buschbom, the research director at Trepp, stated in a recent note that higher interest rates and tighter liquidity created significant challenges for new transactions and refinancing maturing loans. He compared the current situation in the commercial real estate (CRE) and CRE debt markets to past economic cycles. 
&#8220;Maybe the office delinquency rate hits 7%, and I think if you're talking about urban office, non-defeased, that still is a reality,&#8221; he wrote. 
Buschbom noted an increase in loan modifications and creative capital structuring, expressing hope for a potential decrease in rates later in the year.
However, the expert also highlighted additional complications that may arise from banking regulations and geopolitical risks, potentially restricting liquidity further.
&#8220;The fact that you are seeing heavily discounted office transactions in San Francisco at least tells me that — if somebody is willing to start catching what we&#8217;re all calling a falling knife, whether or not you think they&#8217;re going to get cut, still speaks to where we&#8217;re at in the real estate cycle,&#8221; Buschbom stated. 
<h2 class="wp-block-heading">Fed Beige Book&#8217;s Warnings</h2>
The <a href="https://www.benzinga.com/economics/macro-economic-events/24/01/36666684/fed-beige-book-reveals-holiday-cheer-for-us-economy-tourism-spending-runs-hot-but">latest Fed Beige Book</a>, which provides qualitative economic assessments, revealed suppressed commercial real estate transactions in the Kansas City district. Moreover, the report stated that &#8220;CRE loan modification activity was inhibited by lenders&#8217; concerns about credit performance and borrower liquidity.&#8221;
Lauren Hochfelder, co-CEO of Morgan Stanley Real Estate, recently shared in a Bloomberg interview that after two years of sluggishness in the commercial real estate markets, specific factors are bringing back buyers and sellers into the waters, though some are smoother than others.
Amidst the changing landscape of global supply chains, Morgan Stanely noted the resurgence of reshoring to the U.S. and friend-shoring has generated demand for warehouses, particularly along the Mexican border, where construction activity is thriving. Additionally, healthcare is showing promise as people allocate more resources to it, resulting in positive trends in medical and life sciences offices.
However, there are also choppy areas in the commercial real estate market, characterized by an oversupply of properties and excessive debt, as indicated by Hochfelder.
<h2 class="wp-block-heading">CRE Stocks On The Decline</h2>
While last quarter there was initial optimism for rate cuts in 2024 to provide relief to the real estate sector, the year&#8217;s start challenged these expectations.
U.S. economic strength and rising global instability factors led Fed members to reconsider early rate cut hopes. The probability of a March rate cut, as implied by the market, dropped from 73% to 57% in just one week, according to CME Group Fed Watch. 
In response to these challenges, stocks in the office real estate sector, as followed by the VanEck Office and Commercial REIT ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESK#NYSE">DESK</a>), declined by 10% from their late December peak.
The chart presented below shows that this segment of the market has not only underperformed in comparison to the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) but also relative to the broader real estate sector, as indicated by the Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>).
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/18094521/newplot-9.png" alt="" class="wp-image-186294" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/18094521/newplot-9.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/18094521/newplot-9-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
<h2 class="wp-block-heading">Worst-Performing CRE Stocks Year-To-Date</h2>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company Name</th>
<th>Stock price (USD)</th>
<th>Return (%)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Office Properties Income Trust (NYSE: OPI</td>
<td>3.65</td>
<td>-50.14</td>
</tr>
<tr>
<td>Orion Office REIT Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/onl#NYSE">ONL</a>)</td>
<td>5.03</td>
<td>-12.06</td>
</tr>
<tr>
<td>Hudson Pacific Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPP#NYSE">HPP</a>)</td>
<td>8.29</td>
<td>-10.96</td>
</tr>
<tr>
<td>Paramount Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGRE#NYSE">PGRE</a>)</td>
<td>4.69</td>
<td>-9.28</td>
</tr>
<tr>
<td>Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>)</td>
<td>25.89</td>
<td>-8.35</td>
</tr>
<tr>
<td>Kimco Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>)</td>
<td>19.93</td>
<td>-6.50</td>
</tr>
</tbody>
</table>
</figure>
Read Now: <a href="https://www.benzinga.com/money/how-to-invest-in-real-estate-online">How to Invest in Real Estate Online</a>
Photo: Jason Dent on Unsplash

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Half A Trillion Dollars: Office Real Estate Owners Are About To Face Huge Debt Payment, New Data Shows 2024 Is A Critical Year

Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $22.44, with a high estimate of $26.00 and a low estimate of $20.00. This upward trend is apparent, with the current average reflecting a 3.79% increase from the previous average price target of $21.62.
<img src="https://www.benzinga.com/files/images/story/2024/1704909681_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The analysis of recent analyst actions sheds light on the perception of Kimco Realty by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$26.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$21.75</td>
<td>$20.50</td>
</tr>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$22.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kimco Realty. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kimco Realty compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Kimco Realty's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Kimco Realty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/KIM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kimco Realty analyst ratings.</a>
<h2>All You Need to Know About Kimco Realty</h2>
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.
<h3>Kimco Realty: A Financial Overview</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Kimco Realty displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 2.92%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Kimco Realty's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 25.1%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Kimco Realty's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.17%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Kimco Realty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.62%, the company showcases efficient use of assets and strong financial health.
Debt Management: Kimco Realty's debt-to-equity ratio is below the industry average. With a ratio of 0.75, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings For Kimco Realty

Mizuho analyst Vikram Malhorta maintains Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) with a Buy and raises the price target from $20 to $22.

Mizuho Maintains Buy on Kimco Realty, Raises Price Target to $22

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