Assessing Kimco Realty: Insights From 7 Financial Analysts

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In the last three months, 7 analysts have published ratings on Kimco Realty KIM, offering a diverse range of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 5 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 3 0 0
3M Ago 1 1 1 0 0

In the assessment of 12-month price targets, analysts unveil insights for Kimco Realty, presenting an average target of $25.86, a high estimate of $30.00, and a low estimate of $23.00. Observing a 6.99% increase, the current average has risen from the previous average price target of $24.17.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive Kimco Realty. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Dori Kesten Wells Fargo Lowers Equal-Weight $24.00 $26.00
Steve Sakwa Evercore ISI Group Lowers In-Line $23.00 $24.00
Anthony Paolone JP Morgan Announces Neutral $26.00 -
Vikram Malhorta Mizuho Raises Neutral $26.00 $24.00
Greg McGinniss Scotiabank Raises Sector Perform $26.00 $23.00
Wesley Golladay Baird Raises Outperform $26.00 $23.00
Michael Goldsmith UBS Raises Buy $30.00 $25.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Kimco Realty. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Kimco Realty compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Kimco Realty's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Kimco Realty's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Kimco Realty analyst ratings.

Delving into Kimco Realty's Background

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 567 shopping centers throughout major markets in the US, representing roughly 101 million square feet.

Financial Insights: Kimco Realty

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Kimco Realty's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 13.8%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.

Net Margin: Kimco Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 25.22% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Kimco Realty's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.21%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.65%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Kimco Realty's debt-to-equity ratio is below the industry average at 0.8, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: Simplified

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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