Kimco Realty (KIM) Expected to Announce Earnings on Friday

Kimco Realty (NYSE:KIM) is expected to issue its quarterly earnings data before the market opens on Friday, February 7th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $510.83 million for the quarter. Parties that wish to listen to the company’s earnings conference call can do so using this link.

Kimco Realty Price Performance

NYSE KIM opened at $22.41 on Thursday. Kimco Realty has a 12 month low of $17.57 and a 12 month high of $25.83. The firm has a market capitalization of $15.10 billion, a PE ratio of 40.74, a P/E/G ratio of 2.91 and a beta of 1.50. The company’s 50 day simple moving average is $23.41 and its 200 day simple moving average is $23.34. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.59 and a quick ratio of 3.59.

Analyst Ratings Changes

KIM has been the topic of several research analyst reports. Scotiabank lifted their price target on Kimco Realty from $23.00 to $26.00 and gave the company a “sector perform” rating in a research report on Monday, November 25th. Robert W. Baird lifted their target price on Kimco Realty from $23.00 to $26.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. UBS Group upped their price target on shares of Kimco Realty from $25.00 to $30.00 and gave the company a “buy” rating in a report on Friday, November 8th. JPMorgan Chase & Co. cut shares of Kimco Realty from an “overweight” rating to a “neutral” rating and set a $26.00 price objective on the stock. in a research note on Friday, December 20th. Finally, Jefferies Financial Group downgraded shares of Kimco Realty from a “buy” rating to a “hold” rating and dropped their target price for the stock from $28.00 to $25.00 in a report on Thursday, January 2nd. Ten investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $24.97.

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.