Latest news with #KIM
Yahoo
01-08-2025
- Business
- Yahoo
Is Wall Street Bullish or Bearish on Kimco Realty Stock?
Valued at a market cap of $14.4 billion, Kimco Realty Corporation (KIM) is a real estate investment trust (REIT) that owns and operates high-quality, open-air, grocery-anchored shopping centers and mixed-use properties. The Jericho, New York-based company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets. This retail REIT has underperformed the broader market over the past 52 weeks. Shares of KIM have dropped 3.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 16.6%. Moreover, on a YTD basis, the stock is down 9.4%, compared to SPX's 7.8% return. More News from Barchart With UnitedHealth Under DOJ Investigation, Should You Buy, Sell, or Hold UNH Stock Now? Trump Won't Take Away Tesla's Subsidies. Does That Make TSLA Stock a Safe Buy Here? Can AMD Stock Hit $210 in 2025? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Narrowing the focus, KIM has also lagged behind the Real Estate Select Sector SPDR Fund's (XLRE) marginal uptick over the past 52 weeks and 1.8% rise on a YTD basis. On Jul. 31, shares of KIM closed down 3.1% after its mixed Q2 earnings release. The company reported revenue of $525.2 million, a 5% increase year-over-year, but marginally below the consensus estimate. This revenue miss might have dampened investor confidence. On the brighter side, its FFO per share of $0.44 climbed 7.3% from the year-ago quarter, topping analyst expectations by a penny. Moreover, noting solid growth in net income and FFO, KIM raised its fiscal 2025 FFO per share guidance in the range of $1.73 to $1.75. For the current fiscal year, ending in December, analysts expect KIM's FFO to grow by almost 4.9% year over year to $1.73 per share. The company's earnings surprise history is promising. It exceeded or met the consensus estimates in each of the last four quarters. Among the 23 analysts covering the stock, the consensus rating is a "Moderate Buy,' which is based on eight 'Strong Buy,' and 15 'Hold' ratings. This configuration is more bullish than a month ago, with seven analysts suggesting a 'Strong Buy' rating. On Jul. 31, Simon Yarmak from Stifel Financial Corp. (SF) maintained a 'Buy' rating on KIM with a price target of $25.25, implying an 18.9% potential upside from the current levels. The mean price target of $24.32 represents a 14.6% premium from KIM's current price levels, while the Street-high price target of $30 suggests an ambitious upside potential of 41.3%. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
25-07-2025
- Business
- Yahoo
Why Kimco Realty (KIM) is a Top Dividend Stock for Your Portfolio
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Based in Jericho, Kimco Realty (KIM) is in the Finance sector, and so far this year, shares have seen a price change of -6.19%. Currently paying a dividend of $0.25 per share, the company has a dividend yield of 4.55%. In comparison, the REIT and Equity Trust - Retail industry's yield is 4.3%, while the S&P 500's yield is 1.46%. Looking at dividend growth, the company's current annualized dividend of $1.00 is up 3.1% from last year. Over the last 5 years, Kimco Realty has increased its dividend 5 times on a year-over-year basis for an average annual increase of 14.37%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Kimco Realty's current payout ratio is 59%, meaning it paid out 59% of its trailing 12-month EPS as dividend. Looking at this fiscal year, KIM expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $1.73 per share, representing a year-over-year earnings growth rate of 4.85%. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, KIM is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kimco Realty Corporation (KIM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-07-2025
- Business
- Yahoo
What to Expect From Kimco Realty's Next Quarterly Earnings Report
Jericho, New York-based Kimco Realty Corporation (KIM) is 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 U.S. Valued at $14.7 billion by market cap, the company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities. The leading grocery-anchored shopping centers REIT is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Thursday, Jul. 31. Ahead of the event, analysts expect KIM to report an FFO of $0.42 per share on a diluted basis, up 2.4% from $0.41 per share in the year-ago quarter. The company beat or surpassed Wall Street's FFO estimates in its last four quarterly reports. More News from Barchart Opendoor Stock Is Surging Higher in a Frenzied Retail Rally. How Should You Play OPEN Shares Here? This Penny Stock Wants to Become the MicroStrategy of Dogecoin Robinhood Stock Stumbles as S&P 500 Inclusion Is Once Again Off the Table for HOOD Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full year, analysts expect KIM to report FFO of $1.73 per share, up 4.9% from $1.65 per share in fiscal 2024. Its FFO is expected to rise 2.9% year over year to $1.78 per share in fiscal 2026. KIM stock has underperformed the S&P 500 Index's ($SPX) 14.5% gains over the past 52 weeks, with shares up 1.8% during this period. Similarly, it underperformed the Real Estate Select Sector SPDR Fund's (XLRE) 3.7% gains over the same time frame. On May 1, KIM shares closed up by 4.9% after reporting its Q1 results. Its FFO per share of $0.44 surpassed Wall Street expectations of $0.42. The company's revenue was $536.6 million, beating Wall Street forecasts of $525.1 million. KIM expects full-year FFO in the range of $1.71 to $1.74 per share. Analysts' consensus opinion on KIM stock is reasonably bullish, with an overall 'Moderate Buy' rating. Out of 23 analysts covering the stock, eight advise a 'Strong Buy' rating, and 15 give a 'Hold.' KIM's average analyst price target is $24.39, indicating a potential upside of 12.8% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
05-07-2025
- Politics
- Time of India
Kuki MLAs to boycott Manipur's new govt post President's rule
IMPHAL: Manipur's Kuki-Zo community has resolved that its 10 MLAs, including seven from BJP, will not participate in any govt formation if President's rule ends in the state. The move marks a sharp escalation in the state's ethnic and political divide. The decision came at a joint meeting of key Kuki-Zo civil society organisations and community bodies held Friday at Kuki Inpi Manipur (KIM) secretariat. Representatives from KIM and its units attended alongside district units and department heads. Manipur has been under President's Rule since Feb amid continuing ethnic unrest between Meitei and Kuki-Zo communities, which erupted in May 2023. The joint meeting has adopted a resolution asserting that the community would never compromise on its ancestral land, culture, identity, and its political, social, and economic rights. While the statement stopped short of making any demand for statehood or administrative separation, the unified declaration is seen as a direct challenge to any attempt at political normalisation in Manipur without addressing Kuki-Zo grievances in Manipur.
India Today
05-07-2025
- Politics
- India Today
Manipur's Kuki body bars MLAs from forming new state government
In a major political statement, several influential Kuki-Zo civil and community organisations have passed a resolution barring all Kuki-Zo Members of the Legislative Assembly (MLAs) from participating in the formation of any new government in Manipur, whenever it is comes amid tensions in the northeastern state. The state has been under President's Rule since February 13 this year, with the Centre setting a target of December 2025 for the complete resettlement of Internally Displaced Persons (IDPs).advertisementThe resolution was adopted at a joint meeting held on Thursday at the Kuki Inpi Manipur (KIM) Secretariat in Bijang, Churachandpur. The session was attended by top representatives from Kuki Inpi Manipur (KIM), its federating bodies such as the Kuki Students' Organisation-General Headquarters (KSO-GHQ), Kuki Khanglai Lawmpi-GHQ, Kuki Christian Leaders' Forum (KCLF), Kuki Women's Union-GHQ, Kuki Women Organisation for Human Rights-GHQ, Kuki Chiefs' Association-Manipur (KCA-M), along with heads of departments and district detailed deliberations, the gathering unanimously decided that no Kuki-Zo MLA shall "participate or take part in any manner in the formation of a new popular government in the state of Manipur".The resolution declared that the Kuki-Zo people would not compromise on their ancestral land, identity, culture, or political and economic joint statement described the decision as reflective of the "collective political will and aspiration of the Kuki-Zo people" and stated that it is binding on all representatives and community organisations. It also urged strict adherence to the resolution "in letter and spirit".The announcement comes at a time when ten Kuki-Zo MLAs, including seven from the BJP, have been advocating for a separate administration, calling for Union Territory status amid the ethnic violence that broke out on May 3, 2023. The conflict has led to over 250 deaths and the displacement of more than 60,000 the state has witnessed repeated incidents of arms looting. Over 6,000 weapons were reportedly stolen from government armories since the unrest have launched a series of crackdowns to recover illegal weapons. On February 27, 307 weapons were recovered, including 246 deposited by the Meitei group Arambai Tengol. Another operation on June 14 led to the seizure of 328 weapons and 10,600 rounds of ammunition. The most recent crackdown occurred on July 4, when 203 firearms were recovered across multiple districts in one of the largest single-day recoveries in Manipur's history.- EndsMust Watch
