Critical Comparison: Kimco Realty (NYSE:KIM) vs. Curbline Properties (NYSE:CURB)

Curbline Properties (NYSE:CURB) and Kimco Realty (NYSE:KIM) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, institutional ownership and earnings.

Volatility and Risk

Curbline Properties has a beta of 0.48, suggesting that its share price is 52% less volatile than the S&P 500. Comparatively, Kimco Realty has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500.

Dividends

Curbline Properties pays an annual dividend of $0.64 per share and has a dividend yield of 2.5%. Kimco Realty pays an annual dividend of $1.04 per share and has a dividend yield of 4.8%. Curbline Properties pays out 160.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Kimco Realty pays out 125.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Kimco Realty has increased its dividend for 2 consecutive years. Kimco Realty is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Profitability

This table compares Curbline Properties and Kimco Realty’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Curbline Properties	25.51%	2.19%	1.94%
Kimco Realty	28.24%	5.60%	3.01%

Valuation & Earnings

This table compares Curbline Properties and Kimco Realty”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Curbline Properties	$163.67 million	16.35	$10.26 million	$0.40	63.51
Kimco Realty	$2.04 billion	7.21	$410.79 million	$0.83	26.12

Kimco Realty has higher revenue and earnings than Curbline Properties. Kimco Realty is trading at a lower price-to-earnings ratio than Curbline Properties, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

89.3% of Kimco Realty shares are owned by institutional investors. 8.6% of Curbline Properties shares are owned by insiders. Comparatively, 2.2% of Kimco Realty shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations for Curbline Properties and Kimco Realty, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Curbline Properties	0	3	6	0	2.67
Kimco Realty	0	8	5	1	2.50

Curbline Properties currently has a consensus price target of $27.22, indicating a potential upside of 7.17%. Kimco Realty has a consensus price target of $23.89, indicating a potential upside of 10.23%. Given Kimco Realty’s higher probable upside, analysts plainly believe Kimco Realty is more favorable than Curbline Properties.

Summary

Kimco Realty beats Curbline Properties on 13 of the 18 factors compared between the two stocks.

About Curbline Properties

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.

About Kimco Realty

Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets.