Analysts on Wall Street project that Kimco Realty (KIM) will announce quarterly earnings of $0.38 per share in its forthcoming report, representing a decline of 2.6% year over year. Revenues are projected to reach $468.82 million, increasing 5.9% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ...

hapabapa/iStock Editorial via Getty Images Introduction Earlier this year, Kimco Realty (NYSE:KIM) completed the acquisition of RPT Realty in an all-stock transaction, creating a much larger commercial REIT with a focus on grocery-related anchor tenants. One of the interesting elements was that the "busted" preferred share issue of RPT Realty is now backed by Kimco Realty. As part of the acquisition, Kimco issued 53 million common shares of Kimco to RPT shareholders while it issued just under 1 million ...

arcady_31/iStock Editorial via Getty ImagesKimco Realty Corporation (NYSE:KIM) is a well-managed real estate investment trust that is profiting from robust growth in rental rates in its metropolitan area-focused real estate portfolio. The REIT also has growing portfolio occupancy and in 4Q hiked its quarterly dividend pay-out to $0.24 per share. The shopping center trust’s yield, potential for dividend growth, a low pay-out ratio based on FFO and a compelling valuation all culminate in a Buy stock class ...

gopixa Financial theory suggests that there is a limit to how high passive investing can get as a percentage of total investing before it breaks the market, but no one knows exactly where that threshold is. Meanwhile, passive share (the percentage of assets invested passively) continues to set all-time highs, inching ever closer to that dangerous point. This article will discuss the extent of passive investing, how it could break the market, and some early warning signs that it is starting to strain the mar ...

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) announced today that its management will present at the Citi 2024 Global Property CEO Conference on Tuesday, March 5, 2024. Event: Kimco Realty® Management Presentation When: Tuesday, March 5, 2024, from 7:30 AM – 8:05 AM, ET Live Webcast: Kimco Realty Management to Present at Citi Conference A replay of the webcast will be available 12 hours after the conclusion of the live event until March 4, 2025, at the above link. About Kimco Realty® Kimc ...

购物中心基本面改善 - Kimco的购物中心基本面已经显著改善，为长期净营业收入增长奠定了基础[1] - 零售地产需求增长超过供应增长[2] - 人口和就业增长将为购物中心带来更多消费者[4] - Kimco的市场就业增长速度超过全国平均水平[7] 租金和租赁情况 - 零售地产供应增长几乎为零，导致租金上涨[10] - Kimco的新租约租金比到期租约高出30.5%[14] - Kimco的租赁强度尚未完全转化为底线增长[16] - Kimco的租赁强度将加速AFFO/share增长率[22] - 零售地产租金增长仍处于早期阶段[23] 估值和市场反应 - Kimco的AFFO/share增长速度尚未完全反映在股价中[16] - Kimco的净资产价值估计为22.86美元，目前股价为估值的87%[28] - 市场对Kimco的估值使用的隐含资本化率过高[29] - 零售地产的租金远低于市场租金，应有更低的资本化率[32] - 市场明显低估了Kimco的增长速度和持续时间[33]

MarsBars Many investors know that commercial real estate has been pressured over the past 12 months. However, ‘Commercial RE’ is a blanket term that covers all property types, not just the pressured office segment, with some property types doing just fine and in some cases even thriving. That’s why it pays to look beyond the headlines and instead look for value where credit is due. Such I find the case to be with Kimco Realty (NYSE:KIM) which I last covered in May of last year, noting its high exposure ...

Kimco Realty Corp. (KIM) reported fourth-quarter 2023 funds from operations (FFO) per share of 39 cents, in line with the Zacks Consensus Estimate. The figure was only a cent higher than the year-ago quarter’s tally.Though Kimco reported growth in revenues, a rise in interest expenses acted as a dampener. This retail REIT provided an initial outlook for 2024 FFO per share, which is below the consensus mark. Probably because of these negatives, shares of the company lost nearly 2% so far today despite better ...

财务数据和关键指标变化 - 第四季度FFO为2.394亿美元,每股0.39美元,同比增长 [31] - 全年同店NOI增长2.4%,超出指引上限 [33] - 租赁经济占比与实际占比的差距扩大至350个基点,相当于未来57亿美元的年度基础租金 [33] 各条业务线数据和关键指标变化 - 锚定租户占比达98%,创纪录增长80个基点 [8] - 小铺租户占比达91.7%,创历史新高 [8] - 第四季度签约1百万平方英尺的新租赁面积,创10年来最高 [8] - 新租赁租金溢价达24%,连续9个季度保持两位数 [9] - 续租和选择权租金溢价达7.8%,其中续租8.5%,选择权7% [9] 各个市场数据和关键指标变化 - 公司正在出售位于中西部地区的一些资产,预计总额为2.5亿至3.5亿美元,平均收益率为低至中8厘 [26][25] - 公司正在密切关注佛罗里达州、波士顿等地区的资产,认为存在显著的租赁上升空间 [80] 公司战略和发展方向及行业竞争 - 公司完成了对RPT Realty的收购,预计将为公司带来积极影响 [11][12][13] - 公司计划出售一些增长较慢、资本支出较高的资产,以提高资产质量 [16] - 公司认为自身平台非常适合在市场动荡中获得增长机会 [17] - 公司强调建立抗风险、能够持续稳定增长的投资组合 [18] 管理层对经营环境和未来前景的评论 - 管理层对2024年的租赁需求和定价能力保持乐观 [22][23] - 管理层认为利率稳定和资本市场改善将带来更多收购和再融资机会 [23] - 管理层对公司在2024年的增长前景保持信心,但也警示可能受到通胀、利率、就业等因素的影响 [18] 问答环节重要的提问和回答 问题1 **Michael Goldsmith 提问** 询问公司出售资产的情况和收购资产的收益率 [47][48] **Ross Cooper 回答** 公司出售的主要是一些地理位置较差、增长较慢的资产,收益率在低至中8厘左右。收购资产的收益率是在核心购物中心收购和结构性投资之间的加权平均 [48] 问题2 **Jeff Spector 提问** 询问公司2024年同店NOI增长的构成 [50][51] **Glenn Cohen 回答** 同店NOI增长主要来自最低租金的增长,同时也包括一定的租赁补充和信用损失 [51] 问题3 **Dori Kesten 提问** 询问公司2024年FFO增长的原因 [53][54][55][56] **Conor Flynn和Glenn Cohen回答** 公司2024年FFO增长受到一些一次性因素的拖累,如Weingarten债券摊销、利息收入下降等,但公司相信长期增长潜力仍在 [54][55][56]

营收情况 - Kimco Realty (KIM)在2023年12月结束的季度报告中，营收达到4.516亿美元，同比增长2.7%[1] - 公司的营收超出了Zacks Consensus Estimate的449.71亿美元，增幅为+0.42%[1] 盈利情况 - 每股收益为0.39美元，与去年同期的-0.09美元相比有所改善[1] - 租赁物业净收入为4.479亿美元，略低于六位分析师平均预期的4.4914亿美元，同比增长2.8%；每股稀释净收益为0.22美元，高于五位分析师平均预期的0.16美元[6] 经营表现 - Kimco Realty在最近报告的季度中表现如何，主要监测的指标包括：Pro-rata portfolio occupancy为96.2%，高于三位分析师平均预期的95.7%[4] - 管理和其他费用收入为371万美元，低于六位分析师平均预期的427万美元，同比下降6.3%[5] 股票表现 - Kimco Realty股票在过去一个月中回报率为-3.8%，低于Zacks S&P 500综合指数的+6.5%；目前股票的Zacks排名为2（买入），表明在短期内可能会跑赢整个市场[7]