Skip to Content

Kimco Realty Corp KIM

Morningstar Rating
$21.57 +0.38 (1.79%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Kimco Has Improved Portfolio Quality Through Combination of Acquisitions and Dispositions

Retail real estate investment trust Kimco Realty owns and operates a geographically diversified portfolio of quality shopping centers. Its retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. The company has transformed dramatically, having sold over 400 properties for more than $6 billion since 2010, which has significantly improved the portfolio's quality. Currently, Kimco derives more than 80% of its annual base rent from major metropolitan markets. Management continues to strategically sell lower-quality assets and reinvest the proceeds in high-yielding development and redevelopment projects.

Price vs Fair Value

KIM is trading at a 184% premium.
Price
$21.19
Fair Value
$15.60
Uncertainty
Medium
1-Star Price
$28.42
5-Star Price
$43.94
Economic Moat
Lktc
Capital Allocation
Lhqlbmr

Bulls Say, Bears Say

Bulls

Many of Kimco’s in-place leases are significantly below current market rents, providing a potential and notable source of organic growth well into the future.

Bears

Many of Kimco’s in-place leases are subject to renewal options that allow tenants to extend the leases without full renegotiation of rent, preventing the company from realizing often higher current market rents.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if KIM is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$21.19
Day Range
$21.1721.64
52-Week Range
$16.3422.84
Bid/Ask
$21.25 / $21.92
Market Cap
$14.54 Bil
Volume/Avg
4.0 Mil / 4.1 Mil

Key Statistics

Price/Earnings (Normalized)
44.72
Price/Sales
7.25
Dividend Yield (Trailing)
4.48%
Dividend Yield (Forward)
4.53%
Total Yield
4.48%

Company Profile

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 569 shopping centers throughout major markets in the US, representing roughly 87 million square feet.
Sector
Real Estate
Industry
REIT - Retail
Stock Style Box
Mid Value
Total Number of Employees
660

Competitors

Valuation

Metric
KIM
O
FRT
Price/Earnings (Normalized)
44.7240.9640.67
Price/Book Value
1.351.263.27
Price/Sales
7.259.457.72
Price/Cash Flow
15.6014.2215.92
Price/Earnings
KIM
O
FRT

Financial Strength

Metric
KIM
O
FRT
Quick Ratio
1.801.491.01
Current Ratio
1.821.551.01
Interest Coverage
2.471.962.40
Quick Ratio
KIM
O
FRT

Profitability

Metric
KIM
O
FRT
Return on Assets (Normalized)
2.26%1.94%3.13%
Return on Equity (Normalized)
4.23%3.39%9.43%
Return on Invested Capital (Normalized)
3.48%3.39%5.04%
Return on Assets
KIM
O
FRT
See how this stock stacks up to its competitors with Morningstar Investor

REIT - Retail Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Simon Property Group Inc
SPG
CwyjvsjrYqph$49.4 Bil
Realty Income Corp
O
KycgslmtJqy$49.1 Bil
Regency Centers Corp
REG
GydkzkggXrvk$12.0 Bil
Unibail-Rodamco-Westfield Act. SIIC ET STES FONC.EUROP.
UNBLF
Hcssg$11.6 Bil
Scentre Group
STGPF
Lhfn$11.5 Bil
Link Real Estate Investment Trust
LKREF
Gnv$10.6 Bil
CapitaLand Integrated Commercial Trust
CPAMF
Gdxlyd$10.5 Bil
Federal Realty Investment Trust
FRT
HnmknjvnyQwgz$9.0 Bil
Macerich Co
MAC
PkxmhhlbCym$3.5 Bil

Sponsor Center