The Company is the leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The executive officers are engaged in the day-to-day management and operation of real estate exclusively with the Company, with nearly all operating functions, including leasing, asset management, maintenance, construction, legal, finance and accounting, administered by the Company. The Company’s mission is to create destinations for everyday living that inspire a sense of community and deliver value to our many stakeholders. The Company began operations through its predecessor, The Kimco Corporation, which was organized in 1966 upon the contribution of several shopping center properties owned by its principal stockholders. In 1973, these principals formed the Company as a Delaware corporation, and, in 1985, the operations of The Kimco Corporation were merged into the Company.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.1B | 2.1B | 2.0B | 1.8B | 1.7B | 1.4B |
| Net Income | 554M | 554M | 376M | 629M | 101M | 819M |
| EPS | $0.82 | $0.82 | $0.55 | $1.02 | $0.16 | $1.60 |
| Free Cash Flow | 1.1B | 1.1B | 729M | 795M | 561M | 261M |
| ROIC | 4.3% | 4.3% | 3.3% | 3.7% | 2.2% | 2.7% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.74 | 0.74 | 0.75 | 0.76 | 0.71 | 0.71 |
| Dividends/Share | $1.06 | $1.01 | $0.97 | $1.02 | $0.84 | $0.68 |
| Operating Income | 771M | 771M | 629M | 639M | 565M | 424M |
| Operating Margin | 36.0% | 36.0% | 30.9% | 35.8% | 32.7% | 31.1% |
| ROE | 5.3% | 5.3% | 3.5% | 6.6% | 1.1% | 8.3% |
| Shares Outstanding | 676M | 676M | 683M | 617M | 630M | 512M |
KIMCO REALTY CORP passes 2 of 9 quality checks, indicating weak fundamentals.
KIMCO REALTY CORP trades at 28.3x trailing earnings, compared to its 15-year median P/E of 19.5x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 14.0x vs a median of 14.0x. The company's 5-year average ROIC is 3.2%. Total shareholder yield (dividends + buybacks) is 5.3%. At current prices, the estimated annualized return to fair value is +3.2%.
KIMCO REALTY CORP (KIM) has a current P/E ratio of 28.3, compared to its historical median P/E of 19.5. The stock is currently considered Fair based on its historical valuation range.
KIMCO REALTY CORP (KIM) has a 5-year average return on invested capital (ROIC) of 3.2%. This is below average and may indicate limited pricing power.
KIMCO REALTY CORP (KIM) has a market capitalization of $15.7B. It is classified as a large-cap stock.
Yes, KIMCO REALTY CORP (KIM) pays a dividend with a trailing twelve-month yield of 4.56%. The company also returns capital through share buybacks, with a buyback yield of 0.77%.
Based on historical P/E analysis, KIMCO REALTY CORP (KIM) appears fair. The current P/E of 28.3 is 45% above its historical median of 19.5. The estimated fair value CAGR (P/E method) is -9.4%.
KIMCO REALTY CORP (KIM) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
KIMCO REALTY CORP (KIM) reported annual revenue of $2.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
KIMCO REALTY CORP (KIM) has a net profit margin of 25.9%. This is a strong margin indicating high profitability.
KIMCO REALTY CORP (KIM) generated $1.1 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
KIMCO REALTY CORP (KIM) has a debt-to-equity ratio of 0.74. This indicates moderate leverage.
KIMCO REALTY CORP (KIM) reported earnings per share (EPS) of $0.82 in its most recent fiscal year.
KIMCO REALTY CORP (KIM) has a return on equity (ROE) of 5.3%. This indicates moderate shareholder returns.
The Ledger Terminal provides 19 years of financial data for KIMCO REALTY CORP (KIM), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
KIMCO REALTY CORP (KIM) has a book value per share of $15.37, based on its most recent annual SEC filing.