Kimco Realty Corporation
KIM-PN
New York Stock Exchange62.79
USD
- -
- -
CIK
0000879101
ISIN
US49446R6870
CUSIP
49446R687
Return %
Stock
S&P500
1Y
3.24
16.30
3Y
9.49
69.14
5Y
9.49
70.28
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Conor C. Flynn
- Full Time Employees
- 710
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- 500 North Broadway Jericho NY United States of America 11753-2128
- IPO Date
- Jan 4, 2024
- CIK
- 0000879101
- Website
- kimcorealty.com
- Similar Companies
- Business
- Kimco Realty Corporation (NYSE: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 primarily concentrated in the first-ring suburbs of top major metropolitan markets across the United States, including high-barrier-to-entry coastal markets and Sun Belt cities. The company owns interests in approximately 564 to 568 U.S. shopping centers and mixed-use assets comprising around 100 to 101 million square feet of gross leasable area, with a tenant mix focused on essential, necessity-based goods and services such as grocery stores, everyday retail, soft lines, entertainment, specialized grocery, food and beverage offerings, and multifamily components; it provides comprehensive services including property management, acquisitions, dispositions, value-enhancing redevelopment, specialty leasing, leasing programs, preferred equity and mezzanine financing, and structured investment programs. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, Kimco Realty was founded in 1966 through its predecessor The Kimco Corporation and is headquartered in Jericho, New York, with operations spanning 30 states and a proven emphasis on corporate responsibility. In recent developments, the company completed the integration of the RPT Realty acquisition, which nearly doubled its portfolio scale while enhancing asset quality; acquired Waterford Lakes Town Center, a 976,000-square-foot grocery-anchored property in Orlando, Florida, for $322 million in October 2024, solidifying its presence in key markets; purchased The Markets at Town Center in Jacksonville, Florida, for $108 million through its Structured Investment Program subsequent to year-end 2024; achieved an A- credit rating upgrade from S&P Global reflecting solid operational performance; executed strong leasing activity exceeding 11 million square feet in 2024, including backfilling former Party City and Joann's locations with anticipated rent increases; and raised its 2025 outlook following robust Q1 results with growth in net income, FFO, and same-property NOI.