← Back|KIMKimco Realty Corporation (HC)
26.10 USD+1.4%Real Estate
About the company

Kimco Realty Corporation owns and operates open-air shopping centers across the United States, typically anchored by grocery stores or other necessity-based retail tenants that drive consistent customer traffic. As a real estate investment trust, the company distributes most of its taxable income to shareholders as dividends, generating revenue from retail tenant rental income across its portfolio of owned shopping centers. Kimco's focus on grocery-anchored and necessity-based retail centers differs from mall REITs or shopping centers anchored by department stores, since grocery and necessity retail tend to be more resistant to e-commerce disruption and provide consistent recurring customer visits. The company's rental income and property values are relatively less exposed to e-commerce-driven retail disruption than some other retail property types, given the necessity-based, grocery-anchored nature of its shopping center portfolio.

Overall
4.1
Market Cap
P/E (ttm)
29.7
Analyst Target
26.70 USD
+2.3%
Data as of 04:26 ·