The Kimco Realty Corporation (KIM) is set to announce its latest quarterly earnings on Wednesday, April 29th. Analysts estimate an earnings per share of $0.196 for this period.
Kimco Realty Corporation (KIM) is currently priced at $23.95, up by 6.5 cents from the previous close, representing a 0.272% increase. Trading volume stands at $665,416, which is 11.43% higher than the average.
In the last earnings report on Wednesday, February 11th, KIM reported earnings per share of $0.2242, falling short of the consensus estimate of $0.44. Total revenue was $542.46 million, slightly below the expected $544.57 million.
KIM offers a forward dividend yield of 4.34%, with a dividend per share of 26 cents in the most recent quarter. The trailing twelve-month dividend per share is $1.02.
Kimco Realty shows a positive cash flow trend with free cash flow of $142.72 million. Notable cash activities include debt repayment of $-456.32 million and a net increase in cash of $52.31 million.
The company generated revenue of $542.46 million, leading to a gross profit of $61.53 million. Operating income was $179 million, resulting in a net income of $151.16 million.
Key ratios for KIM show a healthy financial position, with a net profit margin of 27.87%, return on equity of 1.45%, and a price-to-earnings ratio of 22.59.
Kimco Realty Corporation holds total assets of $19.69 billion, with total debt standing at $8.64 billion, resulting in a net debt of $8.43 billion.
This real-time financial report provides insights into KIM's performance and upcoming earnings, giving investors valuable information to consider.
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.