If You Invested $10K In Kimco Realty Stock 10 Years Ago, How Much Would You Have Now?

Kimco Realty Corporation KIM is a real estate investment trust and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the U.S.

If You Bought Kimco Realty Stock 10 Years Ago

The company's stock traded at approximately $25.60 per share 10 years ago. If you had invested $10,000, you could have bought roughly 391 shares. Currently, shares trade at $21.43, meaning your investment's value could have declined to $8,371 from stock price depreciation. However, Kimco Realty also paid dividends during these 10 years.

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Kimco Realty's dividend yield is currently 4.67%. Over the last 10 years, it has paid about $9.41 in dividends per share, which means you could have made $3,676 from dividends alone. 

Summing up $8,371 and $3,676, we end up with the final value of your investment, which is $12,047. This is how much you could have made if you had invested $10,000 in Kimco Realty stock 10 years ago. This means a total return of 20.47%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 220.72%.

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What Could The Next 10 Years Bring? 

Kimco Realty has a consensus rating of "Buy" and a price target of $23.55 based on the ratings of 24 analysts. The price target implies a nearly 10% potential upside from the current stock price.

On Feb. 7, the company announced its Q4 2024 earnings, posting FFO of $0.42, in line with expectations, and revenues of $525.40 million, above the consensus estimate of $511.30 million, as reported by Benzinga.

“Our fourth quarter and full-year results capped another remarkable year for Kimco, as we reached the high end of our 2024 outlook, driven by the successful integration of the RPT acquisition and strong leasing results that led to significant growth in net operating income and FFO,” said CEO Conor Flynn.

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For full-year 2025, the company expects FFO in the range of $1.70 to $1.72.

Check out this article by Benzinga for six analysts' insights on Kimco Realty.

Given the expected upside potential of 10%, growth-focused investors may find Kimco Realty stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 4.67%.

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