Kimco: Good Market Dynamics But Fairly Valued
Kimco Realty(KIM) Seeking Alpha·2024-09-07 16:47
buzbuzzer Kimco Realty Corporation (NYSE:KIM), incorporated in 1958 and headquartered in Jericho, NY, is a self-administered REIT that primarily owns, acquires, redevelops, and manages grocery-anchored shopping centers in markets all over the country. The market dynamics are interesting and provide value investors with a good hunting ground for opportunities, but Kimco Realty doesn't seem like one. Though its investment-grade balance sheet, strong liquidity, and relatively good recent performance are at ...