These two real estate stocks have high yields and surprisingly strong businesses.Many investors are hesitant to get involved with any type of retail stock, but real estate investment trusts Simon Property Group (SPG 0.57%) and Kimco Realty (KIM -1.28%) are worth a closer look. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss why brick-and-mortar retail is more resilient than you might think and why these two companies, in particular, could be excellent dividend stocks to buy now.*St ...

JERICHO, N.Y., May 30, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE:KIM) announced today that members of its management team will present at the Nareit REITweek Investor Conference on Tuesday, June 4, 2024. The webcast information is as follows: When: Tuesday, June 4, 2024 from 11:00 AM – 11:30 AM, ET Live Webcast: Kimco Realty Presentation Link, or enter https://vimeo.com/event/4280086/ into your browser. Audio from the conference will be available on Kimco Realty's investor relations website until July 5, ...

JERICHO, N.Y., May 30, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) announced today that members of its management team will present at the Nareit REITweek Investor Conference on Tuesday, June 4, 2024. The webcast information is as follows: When: Tuesday, June 4, 2024 from 11:00 AM – 11:30 AM, ET Live Webcast: Kimco Realty Presentation Link, or enter https://vimeo.com/event/4280086/ into your browser. Audio from the conference will be available on Kimco Realty’s investor relations website until July 5 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10899 (Kimco Realty Corporation) Commission File Number: 333-269102-01 (Kimco Realty OP, LLC) KIMCO REALTY CORPORATION KIM ...

Kimco Realty Corp. (KIM) reported first-quarter 2024 funds from operations (FFO) per share of 39 cents, which beat the Zacks Consensus Estimate of 38 cents. The figure was in line with the year-ago quarter’s tally.Though Kimco reported growth in revenues, a rise in interest expenses acted as a dampener.This retail REIT clocked in revenues of $503.8 million, which topped the consensus mark of $468.8 million. Moreover, the figure improved 13.7% year over year.According to Conor Flynn, the CEO of Kimco, "Our f ...

Investor Presentation First Quarter 2024 Tradewinds Shopping Center Key Largo, Florida Safe Harbor ...

财务数据和关键指标变化 - 第一季度FFO为2.618亿美元,每股0.39美元,其中包括2,520万美元的并购费用。剔除并购费用,FFO为每股0.43美元,同比增长10.3% [29] - 第一季度NOI增加5,370万美元,其中RPT资产贡献3,800万美元 [29] - NOI增长主要来自最低租金上涨、信用损失下降以及净回收费用下降 [29] - 第一季度信用损失率为0.62%,去年同期为0.92% [29] - 利息收入增加740万美元,主要来自现金余额增加 [31] - 利息费用增加1,460万美元,主要由于债券再融资利率上升、Weingarten债券公允价值摊销减少以及浮动利率债务利率上升 [32] 各条业务线数据和关键指标变化 - 第一季度同店NOI增长3.9%,其中最低租金增长2.8%,其他因素如较低的业主费用、信用损失和更高的净回收费用带来0.9%的增长 [15] - 第一季度租赁了400多万平方英尺,新租赁租金上涨35.5%,续租和选择权租金上涨7.8%,综合租金上涨10.2% [16] - 租赁经济占用率与实际占用率的差距为330个基点,较上季度压缩20个基点,代表年度基础租金6,340万美元,其中1,800万美元将在2024年剩余时间内实现 [17] 各个市场数据和关键指标变化 - 公司在佛罗里达州、马萨诸塞州、佐治亚州、德克萨斯州和田纳西州等市场拥有优质资产 [21] - 公司在新的市场如圣安东尼奥和纳什维尔也有收购 [156] - 公司正在关注中西部等新市场,因为这些市场的定价相对较低,但需求正在增加 [156] 公司战略和发展方向及行业竞争 - 公司专注于高壁垒进入的郊区主要大都市地区的开放式购物中心和综合体项目 [19] - 公司通过整合RPT资产、提高运营效率、优化资产组合等方式提升业绩 [12][13][14] - 公司在高通胀环境下专注于削减非关键性支出 [19] - 公司在交易市场保持谨慎,关注结构性投资和联合投资等机会 [21][23][24] - 公司看好开放式购物中心的长期前景,认为新供给有限且优质租户需求强劲 [19] 管理层对经营环境和未来前景的评论 - 管理层对公司的整体表现和前景表示乐观,并提高了全年FFO和同店NOI的指引 [18] - 管理层认为,在高通胀环境下,公司专注于削减非关键性支出,并将资产集中在优质的郊区大都市市场,有利于公司的长期发展 [19] - 管理层表示,公司在交易市场保持谨慎,关注结构性投资和联合投资等机会,以应对当前的市场环境 [21][23][24] - 管理层认为,开放式购物中心的长期前景良好,新供给有限且优质租户需求强劲 [19] 问答环节重要的提问和回答 问题1 **Dori Kesten提问** 询问公司信用损失率指引未变的原因 [46] **Conor Flynn回答** 公司整体看待信用损失率,保持谨慎的指引,尽管第一季度实际损失率较低 [47] 问题2 **Michael Goldsmith提问** 询问RPT并购的G&A协同效应超预期的原因 [49] **Will Teichman回答** 主要得益于更快的整合速度、提前完成资产出售、以及借鉴Weingarten交易的经验 [50][51][52][53][54][55][60] 问题3 **Alexander Goldfarb提问** 询问RPT资产的NOI表现是否超预期 [62] **Conor Flynn和Ross Cooper回答** RPT资产的租赁、运营和资产出售表现均超出预期,公司能够更快完成整合并释放协同效应 [63][64][65][66][67]

For the quarter ended March 2024, Kimco Realty (KIM) reported revenue of $503.75 million, up 13.7% over the same period last year. EPS came in at $0.39, compared to $0.46 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $468.82 million, representing a surprise of +7.45%. The company delivered an EPS surprise of +2.63%, with the consensus EPS estimate being $0.38.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to FFO of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.63%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.39 per share when it actually produced FFO of $0.39, delivering no surprise.Over the last four quarters, the co ...

Exhibit 99.1 News Release Kimco Realty® Announces First Quarter 2024 Results – Strong Growth and Leasing Activity – – Successful Execution on RPT Realty Acquisition – – Board Declares Quarterly Dividend – – Updates 2024 Outlook – JERICHO, New York, May 2, 2024 - Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today reported results for the first quarter ...