Kimco Realty (KIM) Expected to Announce Earnings on Thursday

Kimco Realty (NYSE:KIM) is expected 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) last posted its earnings results on Friday, February 7th. The real estate investment trust reported $0.42 EPS for the quarter, meeting analysts’ consensus estimates of $0.42. Kimco Realty had a return on equity of 3.82% and a net margin of 20.17%. 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 Price Performance

Kimco Realty stock opened at $20.09 on Wednesday. Kimco Realty has a 52-week low of $17.93 and a 52-week high of $25.83. The company has a market cap of $13.65 billion, a price-to-earnings ratio of 35.88, a PEG ratio of 2.78 and a beta of 1.25. The firm’s fifty day moving average is $20.73 and its 200 day moving average is $22.61. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date of this dividend was Friday, March 7th. Kimco Realty’s payout ratio is 178.57%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on KIM. Mizuho decreased their price objective on Kimco Realty from $26.00 to $22.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 25th. Jefferies Financial Group downgraded Kimco Realty from a “buy” rating to a “hold” rating and lowered their price target for the stock from $28.00 to $25.00 in a research report on Thursday, January 2nd. Citigroup cut their price objective on shares of Kimco Realty from $27.00 to $21.00 and set a “neutral” rating on the stock in a research report on Monday, March 17th. Wells Fargo & Company lowered their target price on shares of Kimco Realty from $24.00 to $23.00 and set an “equal weight” rating for the company in a report on Wednesday, March 26th. Finally, JPMorgan Chase & Co. cut their price target on shares of Kimco Realty from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Tuesday, February 18th. 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’s stock. According to data from MarketBeat, Kimco Realty presently has a consensus 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.