Kimco Realty (KIM) to Release Earnings on Thursday

Kimco Realty (NYSE:KIM) will likely be releasing its Q1 2025 earnings data 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) last released its earnings results 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 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 Trading Up 0.7 %

NYSE:KIM opened at $20.50 on Tuesday. The company has a market cap of $13.93 billion, a PE ratio of 36.61, a P/E/G ratio of 2.78 and a beta of 1.25. The business’s 50 day moving average is $20.76 and its two-hundred day moving average is $22.62. The company has a quick ratio of 3.59, a current ratio of 3.65 and a debt-to-equity ratio of 0.78. Kimco Realty has a 52 week low of $17.93 and a 52 week high of $25.83.

Kimco Realty Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.88%. The ex-dividend date of this dividend was Friday, March 7th. Kimco Realty’s dividend payout ratio is presently 178.57%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on KIM shares. Jefferies Financial Group cut shares of Kimco Realty from a “buy” rating to a “hold” rating and decreased their target price for the stock from $28.00 to $25.00 in a research report on Thursday, January 2nd. Citigroup cut their target price on shares of Kimco Realty from $27.00 to $21.00 and set a “neutral” rating for the company in a research note on Monday, March 17th. Mizuho cut their target price on shares of Kimco Realty from $26.00 to $22.00 and set a “neutral” rating for the company in a research note on Tuesday, February 25th. Scotiabank reduced their price target on shares of Kimco Realty from $24.00 to $23.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 23rd. Finally, Wells Fargo & Company reduced their price target on shares of Kimco Realty from $24.00 to $23.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 26th. Nine 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’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.