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Kimco Realty Corporation (KIM)

NYSE - Nasdaq Real-time price. Currency in USD
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18.25+0.17 (+0.97%)
As of 10:06AM EDT. Market open.

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  • C
  • B
    Kimco should buy rpt realty at current bargain price since their earning report shows they are going up
  • n
    inflation ? more like super inflation ! headline from crain's

    Manhattan rents soar for third straight month—hitting $5,113 on average
  • L
    KIMCO should liquidate some properties.
  • J
    Kimco boosts term loan by $215M
    Apr. 24, 2020 4:09 PM ET|About: Kimco Realty Corporation (KIM)|By: Liz Kiesche, SA News Editor
    Kimco Realty (NYSE:KIM) exercises the accordion feature on its previously announced $375M unsecured term loan facility, bringing total borrowings under the facility to $590M.
    The company can boost the amount again, by as much as $535M to more than $1.1B.
    The term loan is scheduled to mature April 2021, extendable at Kimco’s option for one year until April 2022.
    With more than $900M of cash on the balance sheet and $1.3B available under its unsecured revolving credit facility, Kimco has more than $2.2B of immediate liquidity.
    Interest on the term loan borrowings accrues at a spread (currently 1.400%) to LIBOR or, at the company’s option, a spread (currently 0.400%) to the base rate defined in the Credit Agreement, that in each case fluctuates in accordance with changes in Kimco’s senior debt ratings.
  • J
    J Estrada
    I have a quick question for long time Kim holders. When you ;look at the max chart here on yahoo something happend around August 2008 that cause the stock price to dive to around 7.90. The dive was dramatic even when compare to Market performance that year. I cannot find any explanation as to what drove this event. Does anyone have any information . Thanks in advance
  • A
    Crossing below $9 is another add. People today Kimco is trading around 75% of Book.
    That is a REIT, we are talking Depreciated Book. Do you guys understand that the current
    price represents not only zero appreciation for the past decades, but also a steep discount
    to the actual cost. All the depreciation taken on these properties has been deducted from
    Book. You are pricing Kimco at Land Value or less, when you factor in their Alberstons Stake.
    This is an easy buy and wait until senses come back.
  • D
    Why does this stock and other REITs trade with such volatility. Who are these short term traders? The underlying business of REITs moves at the speed of a turtle, yet the stock trades around like the business is very dynamic and changes from day to day. First the traders sold it because brick and mortar was going to die. Then they sold it because interest rates were going to rise. It is becoming clear that real estate that is in great locations will survive and thrive and you need to look no further than the demand that will be created from Amazon's new HQs. In addition, interest rates have moderated and it is pretty clear that the Fed will slow down if not pause on the its interest rate increases. In addition, Kimco has done a great job selling locations that aren't going to be premium properties and reinvesting in premium properties that have a lot of upside with new entitlements, mixed use development and opportunities to bring below market leases up to market rates. This doesn't have to be so hard. For those who look deeper than an inch and have a forward looking investment approach this is a great asset to accumulate.
  • b
    Any news?
  • D
    Albertson's filing for IPO @ $19 billion valuation. Anybody know how much Kimco owns and what value would go to Kimco?
  • d
    Earnings were suppose to indicate a downward trend just like the share price over the last 6 months.

    But instead of lowering guidance for 2018 they actually raised it.

    Management is sticking to their game plan of re-positioning their
    assets and it appears to be right on track.

    Other than the share price...what's not to like?
  • J
    Best day to buy. Day it goes X always down 3 percent or so on X day. This is a 20 stock all day
  • K
    ??? Down ???
  • D
    Kimco has a portfolio of high quality real estate. The dividend is safe and the rents will rise especially in an economic boom. New supply is constrained. The new tax law should increase demand for REITs. The fundamentals are just better than the stock price is reflecting. So, it will be really interesting to see what this stock price will be in a year, in 2 years and in 5 years? Buying now is going against the crowd, but buying low provides high future returns.
  • k
    This is such a great play. KIM went down 60% which is in-line with EAT and other restaurant REITs. The difference is KIM is grocery store anchored in prime locations. Way undervalued.....taking a conservative 25% haircut for lost small business rent, getting to $15 per share is an easy call. Buy Buy Buy!!!
  • T
    Moody's report and technicals help explain today's action - closing in 10.30-s important as it would push KIM up into next trading range.
    Kimco Realty Corporations (NYSE- KIM, Kimco) Baa1 senior unsecured debt rating reflects the solid and steady performance of its shopping center portfolio and strong liquidity position. The challenging retail environment and the REIT's elevated net debt + preferred to EBITDA ratio are some other important considerations. Its modest fixed charge coverage reflects the meaningful proportion of long-dated debt and perpetual preferred securities in the capital structure and pending income realization related to ongoing development/redevelopment projects. Some Kimco tenants will be meaningfully affected by the social distancing and store closure guidelines such that their ability to pay rent will be compromised. The REIT is well-equipped to work with its tenants due to its liquidity position and the meaningful proportion of rent-paying tenants who provide essential goods and services such as grocers and drug stores.