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Recommendations
Kimco Realty price target lowered to $23 from $24 at Evercore ISI » 08:17
09/27/22
09/27
08:17
09/27/22
08:17
KIM

Kimco Realty

$18.05 /

-0.765 (-4.07%)

Evercore ISI analyst…

Evercore ISI analyst Steve Sakwa lowered the firm's price target on Kimco Realty to $23 from $24 and keeps an Outperform rating on the shares. A third straight 75 point rate hike from the Fed was "expected," but the continued hawkish stance toward inflation spooked the market and REITs fell nearly 6.5% and "the selling continued unabated on Monday across the REIT sector," Sakwa said. In this context, he is making another series of revisions to his interest rate forecasts and in addition to this macro change, which negatively impacts valuation, he has trimmed his "targeted" AFFO multiples across the board in his REITs coverage, the analyst tells investors.

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KIM Kimco Realty
$18.05 /

-0.765 (-4.07%)

KIM Kimco Realty
$18.05 /

-0.765 (-4.07%)

07/21/22 Mizuho
Kimco Realty price target lowered to $23 from $27 at Mizuho
07/15/22 Morgan Stanley
Kimco Realty price target lowered to $22 from $25 at Morgan Stanley
07/15/22 Barclays
Kimco Realty price target lowered to $26 from $30 at Barclays
07/11/22 Deutsche Bank
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank
KIM Kimco Realty
$18.05 /

-0.765 (-4.07%)

Over a month ago
Conference/Events
Kimco Realty management to meet with Mizuho » 04:55
08/11/22
08/11
04:55
08/11/22
04:55
KIM

Kimco Realty

$22.62 /

+0.565 (+2.56%)

Meeting to be held in New…

Meeting to be held in New York on August 11 hosted by Mizuho.

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KIM Kimco Realty
$22.62 /

+0.565 (+2.56%)

KIM Kimco Realty
$22.62 /

+0.565 (+2.56%)

07/21/22 Mizuho
Kimco Realty price target lowered to $23 from $27 at Mizuho
07/15/22 Morgan Stanley
Kimco Realty price target lowered to $22 from $25 at Morgan Stanley
07/15/22 Barclays
Kimco Realty price target lowered to $26 from $30 at Barclays
07/11/22 Deutsche Bank
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank
KIM Kimco Realty
$22.62 /

+0.565 (+2.56%)

KIM Kimco Realty
$22.62 /

+0.565 (+2.56%)

Conference/Events
Kimco Realty management to meet with Mizuho » 14:31
08/03/22
08/03
14:31
08/03/22
14:31
KIM

Kimco Realty

$21.86 /

+0.49 (+2.29%)

Meeting to be held in New…

Meeting to be held in New York on August 11 hosted by Mizuho.

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KIM Kimco Realty
$21.86 /

+0.49 (+2.29%)

KIM Kimco Realty
$21.86 /

+0.49 (+2.29%)

07/21/22 Mizuho
Kimco Realty price target lowered to $23 from $27 at Mizuho
07/15/22 Morgan Stanley
Kimco Realty price target lowered to $22 from $25 at Morgan Stanley
07/15/22 Barclays
Kimco Realty price target lowered to $26 from $30 at Barclays
07/11/22 Deutsche Bank
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank
KIM Kimco Realty
$21.86 /

+0.49 (+2.29%)

KIM Kimco Realty
$21.86 /

+0.49 (+2.29%)

Earnings
Kimco Realty raises 2022 FFO view to $1.54-$1.57 from $1.50-$1.53 » 07:16
07/28/22
07/28
07:16
07/28/22
07:16
KIM

Kimco Realty

$21.47 /

+0.305 (+1.44%)

Consensus for 2022 FFO is…

Consensus for 2022 FFO is $1.54.

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KIM Kimco Realty
$21.47 /

+0.305 (+1.44%)

KIM Kimco Realty
$21.47 /

+0.305 (+1.44%)

07/21/22 Mizuho
Kimco Realty price target lowered to $23 from $27 at Mizuho
07/15/22 Morgan Stanley
Kimco Realty price target lowered to $22 from $25 at Morgan Stanley
07/15/22 Barclays
Kimco Realty price target lowered to $26 from $30 at Barclays
07/11/22 Deutsche Bank
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank
KIM Kimco Realty
$21.47 /

+0.305 (+1.44%)

KIM Kimco Realty
$21.47 /

+0.305 (+1.44%)

Earnings
Kimco Realty reports Q2 FFO 40c, consensus 38c » 07:15
07/28/22
07/28
07:15
07/28/22
07:15
KIM

Kimco Realty

$21.47 /

+0.305 (+1.44%)

Reports Q2 revenue…

Reports Q2 revenue $427.2M, consensus $417.01M. CEO Conor Flynn stated, "Our focus on leasing continues to validate the high quality of our portfolio, with over seven million square feet leased through the end of June. Our last-mile, open-air, grocery-anchored portfolio is facilitating higher retention, driving strong new tenant demand, and maintaining solid pricing power, even in the current inflationary environment, all of which should lead to greater free cashflow and visible earnings growth. With an emphasis on necessity-based goods and services, our portfolio is well-positioned in high-growth and affluent markets to serve the needs of consumers and retailers alike as we work to enhance shareholder value."

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KIM Kimco Realty
$21.47 /

+0.305 (+1.44%)

KIM Kimco Realty
$21.47 /

+0.305 (+1.44%)

07/21/22 Mizuho
Kimco Realty price target lowered to $23 from $27 at Mizuho
07/15/22 Morgan Stanley
Kimco Realty price target lowered to $22 from $25 at Morgan Stanley
07/15/22 Barclays
Kimco Realty price target lowered to $26 from $30 at Barclays
07/11/22 Deutsche Bank
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank
KIM Kimco Realty
$21.47 /

+0.305 (+1.44%)

KIM Kimco Realty
$21.47 /

+0.305 (+1.44%)

Recommendations
Kimco Realty price target lowered to $23 from $27 at Mizuho » 06:54
07/21/22
07/21
06:54
07/21/22
06:54
KIM

Kimco Realty

$21.42 /

+0.4 (+1.90%)

Mizuho analyst Haendel…

Mizuho analyst Haendel St. Juste lowered the firm's price target on Kimco Realty to $23 from $27 and keeps a Buy rating on the shares. Into the Q2 reports, the analyst senses shifting investor sentiment toward the shopping center real estate investment trust sector. Investors are questioning the sustainability of the sector's recent leasing momentum and its near-term earnings growth prospects, given tougher second half of 2022 compares, a slowing economy, higher interest rates, high inflation and an increasingly stretched consumer, St. Juste tells investors in a research note. He believes the sector screens fair value.

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KIM Kimco Realty
$21.42 /

+0.4 (+1.90%)

KIM Kimco Realty
$21.42 /

+0.4 (+1.90%)

07/15/22 Morgan Stanley
Kimco Realty price target lowered to $22 from $25 at Morgan Stanley
07/15/22 Barclays
Kimco Realty price target lowered to $26 from $30 at Barclays
07/11/22 Deutsche Bank
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank
06/30/22 Jefferies
Kimco Realty price target lowered to $23 from $28 at Jefferies
KIM Kimco Realty
$21.42 /

+0.4 (+1.90%)

KIM Kimco Realty
$21.42 /

+0.4 (+1.90%)

Recommendations
Kimco Realty price target lowered to $22 from $25 at Morgan Stanley » 08:43
07/15/22
07/15
08:43
07/15/22
08:43
KIM

Kimco Realty

$19.48 /

-0.395 (-1.99%)

Morgan Stanley analyst…

Morgan Stanley analyst Richard Hill lowered the firm's price target on Kimco Realty to $22 from $25 and keeps an Equal Weight rating on the shares. He has lowered his price target by 11% on average across REIT subsectors, primarily driven by lower multiples, noting that within his coverage he favors Rentership REITs. While his "knee-jerk reaction" is to assume that REIT growth is set to experience a significant slowdown, Hill also notes that there is a scenario where recession risk is still moderate and SS-NOI growth for REITs will slow but not turn negative.

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KIM Kimco Realty
$19.48 /

-0.395 (-1.99%)

KIM Kimco Realty
$19.48 /

-0.395 (-1.99%)

07/15/22 Barclays
Kimco Realty price target lowered to $26 from $30 at Barclays
07/11/22 Deutsche Bank
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank
06/30/22 Jefferies
Kimco Realty price target lowered to $23 from $28 at Jefferies
06/22/22 Credit Suisse
Kimco Realty initiated with an Outperform at Credit Suisse
KIM Kimco Realty
$19.48 /

-0.395 (-1.99%)

KIM Kimco Realty
$19.48 /

-0.395 (-1.99%)

Recommendations
Kimco Realty price target lowered to $26 from $30 at Barclays » 06:26
07/15/22
07/15
06:26
07/15/22
06:26
KIM

Kimco Realty

$19.48 /

-0.395 (-1.99%)

Barclays analyst Anthony…

Barclays analyst Anthony Powell lowered the firm's price target on Kimco Realty to $26 from $30 and keeps an Overweight rating on the shares. The analyst expects shopping center real estate investment trusts to report "solid" Q2 results and indicate that tenants are continuing to prioritize securing space even as the macro backdrop has become choppier. However, investors will focus on the sustainability of strong tenant demand if the consumer and retail sales soften further in the second half of 2022, Powell tells investors in a research note.

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KIM Kimco Realty
$19.48 /

-0.395 (-1.99%)

KIM Kimco Realty
$19.48 /

-0.395 (-1.99%)

07/11/22 Deutsche Bank
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank
06/30/22 Jefferies
Kimco Realty price target lowered to $23 from $28 at Jefferies
06/22/22 Credit Suisse
Kimco Realty initiated with an Outperform at Credit Suisse
06/22/22 Compass Point
Kimco Realty price target lowered to $22 from $27 at Compass Point
KIM Kimco Realty
$19.48 /

-0.395 (-1.99%)

KIM Kimco Realty
$19.48 /

-0.395 (-1.99%)

Recommendations
Kimco Realty price target lowered to $23 from $26 at Deutsche Bank » 07:18
07/11/22
07/11
07:18
07/11/22
07:18
KIM

Kimco Realty

$19.82 /

-0.23 (-1.15%)

Deutsche Bank analyst…

Deutsche Bank analyst Derek Johnston lowered the firm's price target on Kimco Realty to $23 from $26 and keeps a Hold rating on the shares. Retailer leasing demand and volumes likely remained "firm" in Q2, aiding occupancy growth for the retail strip real estate investment trusts, Johnston tells investors in a research note. However, the analyst is more concerned looking through to the second half of 2022, saying a "looming recession and deteriorating retailer health may flip the positive Strip narrative," forcing managements to temper expectations in Q3, while concurrently facing tougher compares.

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KIM Kimco Realty
$19.82 /

-0.23 (-1.15%)

KIM Kimco Realty
$19.82 /

-0.23 (-1.15%)

06/30/22 Jefferies
Kimco Realty price target lowered to $23 from $28 at Jefferies
06/22/22 Credit Suisse
Kimco Realty initiated with an Outperform at Credit Suisse
06/22/22 Compass Point
Kimco Realty price target lowered to $22 from $27 at Compass Point
03/30/22 Morgan Stanley
Kimco Realty downgraded to Equal Weight from Overweight at Morgan Stanley
KIM Kimco Realty
$19.82 /

-0.23 (-1.15%)

KIM Kimco Realty
$19.82 /

-0.23 (-1.15%)

Hot Stocks
Kimco Realty publishes 2021 Corporate Responsibility Report » 06:58
07/05/22
07/05
06:58
07/05/22
06:58
KIM

Kimco Realty

$20.22 /

+0.47 (+2.38%)

Kimco Realty announced…

Kimco Realty announced the release of its 2021 Corporate Responsibility Report. 2021 Report Highlights: Now over a decade since the launch of Kimco's formalized efforts around ESG and the hire of its first Director of Sustainability, the company's focus has expanded and its programs have evolved, but its holistic, stakeholder-driven approach continues to drive industry-leading innovation in the ESG space and is a hallmark of the company's success. The past year saw meaningful progress made towards the 16 public ESG goals announced in early 2021. Highlights from the year include: Formally adjusted the company's executive compensation plan to tie a portion of incentive pay to performance against the company's ESG goals. Hired Tamara Chernomordik as Senior Director of ESG, leading the strategic development and implementation of the company's initiatives and guiding the company towards achieving its publicly stated goals. Received the Best Place to work for LGBTQ+ Equality designation after achieving a perfect score on the Human Rights Campaign Foundation's 2022 Corporate Equality Index, a nationally recognized benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Donated $1.4 million in cash and in-kind contributions to support small businesses and charitable causes in the unique and diverse communities in which the company operates. Launched four unique KIMunity Councils and doubled the membership of the company's existing Diversity, Equity and Inclusion Council. These councils are made up of associates across the organization who directly participate in driving strategy in the areas of DEI, giving, wellness, sustainability, and tenant engagement. Successfully completed the strategic and immediately accretive merger with Weingarten Realty Investors, applying a people-first approach to welcome and onboard approximately 100 new associates to the Kimco family. The team is now focused on applying the company's unique ESG platform and sustainable operational approach to the 150-plus new assets in its portfolio.

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KIM Kimco Realty
$20.22 /

+0.47 (+2.38%)

KIM Kimco Realty
$20.22 /

+0.47 (+2.38%)

06/30/22 Jefferies
Kimco Realty price target lowered to $23 from $28 at Jefferies
06/22/22 Credit Suisse
Kimco Realty initiated with an Outperform at Credit Suisse
06/22/22 Compass Point
Kimco Realty price target lowered to $22 from $27 at Compass Point
03/30/22 Morgan Stanley
Kimco Realty downgraded to Equal Weight from Overweight at Morgan Stanley
KIM Kimco Realty
$20.22 /

+0.47 (+2.38%)

KIM Kimco Realty
$20.22 /

+0.47 (+2.38%)

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