Kimco Realty (NYSE:KIM) Issues FY 2025 Earnings Guidance

Kimco Realty (NYSE:KIM - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 1.700-1.720 for the period, compared to the consensus EPS estimate of 1.710. The company issued revenue guidance of -.

Kimco Realty Price Performance

Shares of KIM stock traded up $0.12 during trading on Tuesday, hitting $22.26. The company had a trading volume of 1,248,712 shares, compared to its average volume of 4,489,297. The company has a quick ratio of 3.59, a current ratio of 3.59 and a debt-to-equity ratio of 0.78. The stock's 50-day moving average is $23.22 and its two-hundred day moving average is $23.37. The stock has a market capitalization of $15.00 billion, a price-to-earnings ratio of 40.43, a price-to-earnings-growth ratio of 2.92 and a beta of 1.50. Kimco Realty has a 52 week low of $17.57 and a 52 week high of $25.83.

Kimco Realty (NYSE:KIM - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The real estate investment trust reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42. Kimco Realty had a net margin of 19.58% and a return on equity of 3.68%. As a group, analysts predict that Kimco Realty will post 1.64 EPS for the current fiscal year.

Kimco Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date is Friday, March 7th. Kimco Realty's payout ratio is currently 181.82%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on KIM shares. Wells Fargo & Company reduced their price target on shares of Kimco Realty from $26.00 to $24.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 29th. Scotiabank increased their price target on shares of Kimco Realty from $23.00 to $26.00 and gave the company a "sector perform" rating in a research report on Monday, November 25th. Robert W. Baird increased their price target on shares of Kimco Realty from $23.00 to $26.00 and gave the company an "outperform" rating in a research report on Tuesday, November 12th. Jefferies Financial Group cut shares of Kimco Realty from a "buy" rating to a "hold" rating and reduced their price target for the company from $28.00 to $25.00 in a research report on Thursday, January 2nd. Finally, Evercore ISI cut their target price on shares of Kimco Realty from $24.00 to $23.00 and set an "in-line" rating on the stock in a report on Tuesday, December 24th. Ten equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $24.97.

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.