Kimco Realty (NYSE:KIM) versus CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Financial Contrast

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) and Kimco Realty (NYSE:KIM) are both real estate companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, profitability, earnings, institutional ownership, valuation and dividends.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for CapitaLand Integrated Commercial Trust and Kimco Realty, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CapitaLand Integrated Commercial Trust	0	0	0	0	0.00
Kimco Realty	0	9	7	1	2.53

Kimco Realty has a consensus price target of $26.56, suggesting a potential upside of 10.19%. Given Kimco Realty’s stronger consensus rating and higher probable upside, analysts plainly believe Kimco Realty is more favorable than CapitaLand Integrated Commercial Trust.

Dividends

CapitaLand Integrated Commercial Trust pays an annual dividend of $0.11 per share and has a dividend yield of 5.7%. Kimco Realty pays an annual dividend of $1.04 per share and has a dividend yield of 4.3%. CapitaLand Integrated Commercial Trust pays out 59.1% of its earnings in the form of a dividend. Kimco Realty pays out 122.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Kimco Realty has raised its dividend for 2 consecutive years. CapitaLand Integrated Commercial Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Earnings & Valuation

This table compares CapitaLand Integrated Commercial Trust and Kimco Realty”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CapitaLand Integrated Commercial Trust	N/A	N/A	N/A	$0.18	10.38
Kimco Realty	$2.14 billion	7.55	$584.74 million	$0.85	28.35

Kimco Realty has higher revenue and earnings than CapitaLand Integrated Commercial Trust. CapitaLand Integrated Commercial Trust is trading at a lower price-to-earnings ratio than Kimco Realty, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

20.1% of CapitaLand Integrated Commercial Trust shares are owned by institutional investors. Comparatively, 89.2% of Kimco Realty shares are owned by institutional investors. 2.2% of Kimco Realty shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares CapitaLand Integrated Commercial Trust and Kimco Realty’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CapitaLand Integrated Commercial Trust	N/A	N/A	N/A
Kimco Realty	27.76%	5.76%	3.07%

Summary

Kimco Realty beats CapitaLand Integrated Commercial Trust on 13 of the 15 factors compared between the two stocks.

About CapitaLand Integrated Commercial Trust

CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.7 billion as at 31 December 2023. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust. CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/or office) purpose, located predominantly in Singapore. As the largest proxy for Singapore commercial real estate, CICT's portfolio comprises 21 properties in Singapore, two properties in Frankfurt, Germany, and three properties in Sydney, Australia with a total property value of S$24.5 billion based on valuations of its proportionate interests in the portfolio as at 31 December 2023. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

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.