Kimco Realty Corporation
- Industria
- REITs
- Bolsa
- EE. UU.
- País / Región
- USA
- Fecha de salida a bolsa
- 22 de noviembre de 1991
- Empleados
- 710
- Sitio web
- www.kimcorealty.com
Rango de valoración compuesto · conservador $19–$21 / razonable $23–$26 / optimista $29–$32. A $26.38, Entre el rango razonable y el optimista.
Al publicar $24.08 (30 de mayo de 2026)
Datos de EODHD, mostrados en la moneda de reporte; solo a título informativo, no constituye asesoramiento de inversión.
Kimco Realty Corporation is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of March 31, 2026, the company owned interests in 565 U.S. shopping centers and mixed-use assets comprising 100 million square feet of gross leasable space. Kimco Realty Corporation was incorporated in 1958 in Maryland and is based in Jericho, New York.
Historia
Kimco Realty Corporation was incorporated in 1958 in Maryland and is headquartered in Jericho, New York. The company has specialized in shopping-center ownership, management, acquisitions and value-enhancing redevelopment for more than 65 years, and has been publicly traded on the NYSE since 1991 (IPO date November 22, 1991) and is included in the S&P 500 Index. By the end of 2025 it owned interests in 565 shopping-center and mixed-use properties totaling roughly 100.2 million square feet of gross leasable area across 29 states, with about 710 employees. Conor Flynn, who joined the company in 2003, has served as CEO since 2016. A defining recent transaction was the 2024 all-stock acquisition of RPT Realty, for which Kimco issued about 53 million new shares; RPT added 56 open-air shopping centers and 13.3 million square feet of GLA, with management initially expecting roughly $34 million of cost synergies (about 85% realized in 2024). In the first quarter of 2024 Kimco sold 10 former RPT properties for about $248 million as part of portfolio optimization. In 2025 the company repurchased 6.1 million shares at an average price of $19.79, and in November 2025 approved a new $750 million buyback program alongside a $750 million ATM program; year-end 2025 consolidated net debt to EBITDA was about 5.4x. In the first quarter of 2026 it re-signed a $2 billion unsecured revolving credit facility with the initial maturity extended to March 2030.
Posición en el sector
Kimco Realty is a leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, with a portfolio concentrated in the first-ring suburbs of major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities. Its competitive segment is open-air, grocery-anchored community shopping centers rather than the broader retail-property market. At year-end 2025 portfolio occupancy was 96.4%, 86% of annual base rent (ABR) came from grocery-anchored centers, 82% of ABR came from its top metropolitan markets, and no single tenant accounted for more than 4% of ABR; the first quarter of 2026 saw a comparable cash leasing spread of 11.3%. The company carries an A-level credit profile from the three major rating agencies and maintained consolidated net debt to EBITDA of about 5.4x at year-end 2025, supporting lower-cost access to capital. Its most comparable publicly traded competitors include Regency Centers, Brixmor and Federal Realty; relative to these peers, Kimco's strengths are balanced across asset quality, scale, development capability and balance-sheet strength, sourced from scarce community-retail locations, national tenant-negotiation reach, regional operating density and redevelopment opportunity.
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