Kimco Realty Stock Rises 25.9% in Three Months: Here's How
KIMKimco Realty(KIM) ZACKS·2024-09-25 01:31

Shares of Kimco Realty (KIM) have soared 25.9% in the past three months compared with its industry’s rally of 17.2%.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.Analysts se ...