Company Overview
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.
Company Information
- CEO
- Conor C. Flynn
- Sector
- Real Estate
- Industry
- REIT - Retail
- Employees
- 717
Contact Information
- Website
- https://www.kimcorealty.com
- Address
- 500 North Broadway
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Real Estate leader with 15.03B market capitalization
- Trading Volume: 2.75M shares traded today
- Price Range: 52-week range of $17.93 - $25.83
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Kimco Realty Corporation
Kimco Realty Corporation (KIM) operates in the REIT - Retail industry within the Real Estate sector. With a current market capitalization of 15.03B, the company represents a significant player in its market. The stock is currently trading at $22.20 with a positivedaily change of 0.00%.
The company's 717 employee base and presence on the New York Stock Exchangeexchange position it as a Real Estate sector leader. Investors should consider the stock's P/E ratio of 27.07, beta of 1.32, and 52-week price range from $17.93 to $25.83when evaluating investment opportunities.
Why Invest in Kimco Realty Corporation?
Strengths
- • Established market presence in Real Estate
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Conor C. Flynn
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Real Estate Sector
The Real Estate sector includes companies that own, develop, and manage real estate properties including commercial, residential, and industrial.