Kimco Realty (NYSE:KIM) is set to release its earnings data before the market opens on Thursday, February 15th. Analysts expect Kimco Realty to post earnings of $0.39 per share for the quarter.
Kimco Realty (KIM) opened at $14.52 on Thursday. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.16. Kimco Realty has a 1-year low of $14.33 and a 1-year high of $25.15. The company has a market capitalization of $6,180.00, a P/E ratio of 21.35, a price-to-earnings-growth ratio of 1.81 and a beta of 0.46.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Tuesday, April 3rd will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 7.71%. The ex-dividend date is Monday, April 2nd. Kimco Realty’s dividend payout ratio (DPR) is 164.71%.
Several analysts recently issued reports on KIM shares. Barclays cut their price target on Kimco Realty from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, January 30th. Stifel Nicolaus started coverage on Kimco Realty in a report on Thursday, November 30th. They issued a “hold” rating and a $19.50 price target on the stock. Robert W. Baird downgraded Kimco Realty from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $23.00 to $20.00 in a report on Monday, November 27th. Mizuho set a $20.00 price target on Kimco Realty and gave the stock a “hold” rating in a report on Monday, December 18th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Kimco Realty in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $21.34.
About Kimco Realty
Kimco Realty Corporation is a self-administered real estate investment trust. The Company is engaged in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. As of June 30, 2017, the Company had interests in 510 shopping center properties, including 84 million square feet of gross leasable area (GLA), located in 32 states, Puerto Rico and Canada.
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