Kimco Realty (KIM) to Release Quarterly Earnings on Thursday

Kimco Realty (NYSE:KIM - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.42 per share and revenue of $520.68 million for the quarter. Kimco Realty has set its FY 2025 guidance at 1.700-1.720 EPS.

Kimco Realty (NYSE:KIM - Get Free Report) last issued its quarterly earnings data on Friday, February 7th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.42. Kimco Realty had a net margin of 20.17% and a return on equity of 3.82%. On average, analysts expect Kimco Realty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kimco Realty Stock Performance

NYSE:KIM traded up $0.07 during trading on Monday, reaching $20.42. The company's stock had a trading volume of 1,830,652 shares, compared to its average volume of 4,394,806. The firm has a market cap of $13.87 billion, a price-to-earnings ratio of 36.44, a price-to-earnings-growth ratio of 2.78 and a beta of 1.25. Kimco Realty has a 12 month low of $17.93 and a 12 month high of $25.83. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.59 and a current ratio of 3.65. The firm has a 50 day moving average of $20.78 and a 200-day moving average of $22.64.

Kimco Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, March 7th. This represents a $1.00 dividend on an annualized basis and a yield of 4.90%. Kimco Realty's dividend payout ratio (DPR) is presently 178.57%.

Wall Street Analyst Weigh In

A number of research firms recently commented on KIM. Mizuho lowered their price target on shares of Kimco Realty from $26.00 to $22.00 and set a "neutral" rating on the stock in a report on Tuesday, February 25th. Scotiabank lowered their price target on shares of Kimco Realty from $24.00 to $23.00 and set a "sector perform" rating on the stock in a research report on Wednesday, April 23rd. Jefferies Financial Group cut shares of Kimco Realty from a "buy" rating to a "hold" rating and dropped their price target for the company from $28.00 to $25.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. reduced their price objective on shares of Kimco Realty from $25.00 to $24.00 and set a "neutral" rating for the company in a research note on Tuesday, February 18th. Finally, Citigroup dropped their target price on Kimco Realty from $27.00 to $21.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. Nine research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Kimco Realty has a consensus rating of "Moderate Buy" and a consensus price target of $24.68.

About Kimco Realty

Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America's largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets.