The performance of
Kimco Realty Corporation (KIM) is seen variably across different market actions. The company experienced decreases on certain days but still outperformed competitors despite losses. Additionally, various banks and asset management firms have reduced their holdings in the firm. Notably, Kimco Realty enlarged its term loan facility to
$500 Million. Despite some shares being sold, new capital investments were made in the firm. Kimco also exhibited growth, with a 18.5% rise in stock over 3 months, and analyst average target prices reached
$21.52. Engagement with
strategic acquisitions was reported in their Q1 2024 earnings. Following RPT Realty's acquisition, the firm sold ten former RPT properties, garnering
$248 Million. Kimco Realty continues to offer a strong return, with a 5.1% yield presented to investors. The company has further expanded its commitment to ESG and established a partnership with Blackstone Real Estate. The corporation also launched a curbside pickup program helping tenants adapt to shifting shopping habits amidst the COVID-19 pandemic.
Kimco Realty Corp KIM News Analytics from Wed, 19 Jun 2013 07:00:00 GMT to Sun, 21 Jul 2024 15:43:55 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -3
