The Analyst Verdict: Kimco Realty In The Eyes Of 6 Experts

Throughout the last three months, 6 analysts have evaluated Kimco Realty KIM, offering a diverse set of opinions from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for Kimco Realty, presenting an average target of $21.0, a high estimate of $22.00, and a low estimate of $20.00. Observing a downward trend, the current average is 7.37% lower than the prior average price target of $22.67.

Interpreting Analyst Ratings: A Closer Look

A clear picture of Kimco Realty's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kimco Realty. This information provides a snapshot of how analysts perceive 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: Delving into movements, analysts provide estimates for the future value of Kimco Realty's stock. This analysis reveals shifts in analysts' expectations over time.

To gain a panoramic view of Kimco Realty's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Kimco Realty analyst ratings.

About Kimco Realty

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 523 shopping centers throughout major markets in the US, representing roughly 77 million square feet.

Breaking Down Kimco Realty's Financial Performance

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Revenue Growth: Kimco Realty's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 2.68%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.

Net Margin: Kimco Realty's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 29.42%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Kimco Realty's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.39%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Kimco Realty's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.73%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Kimco Realty's debt-to-equity ratio is below the industry average at 0.81, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: What Are They?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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