Kimco Realty (KIM) Stock Rises 17.2% in 3 Months: Here's How
KIMKimco Realty(KIM) ZACKS·2024-08-21 01:56

Shares of Kimco Realty (KIM) have gained 17.2% in the past three months compared with its industry’s rally of 13.3%.This Jericho, NY-based retail real estate investment trust (REIT) is well-poised to benefit from its portfolio of premium shopping centers, which are predominantly grocery-anchored, in the drivable first-ring suburbs within key major metropolitan Sunbelt and coastal markets. Its focus on developing mixed-use assets and a healthy balance sheet position bode well for long-term growth.This month, ...