Kimco Realty Corp has displayed sturdy financial performance in its Q4 2024 earnings with a strong leasing momentum targeting a 2025 FFO growth of $1.70-$1.72. The corporation has reported record rent spreads and strategic acquisitions. Investment management firms such as Generate and Lecap Asset Management Ltd have increased their holdings, while others like Murphy Pohlad Asset Management LLC trimmed their shares. Kimco's performance has resonated well with shareholders, beating Q4 estimates with an EPS of $0.23. It also exceeded Wall Street projections for key financial metrics. However, some stakeholders still forecast a cautious outlook for the corporation. Several financial entities such as Exchange Traded Concepts LLC, tru Independence LLC and Vert Asset Management LLC have adjusted their positions in Kimco. The corporation has established a stronger foothold in the Florida property market with new acquisitions including The Markets at Town Center and Waterford Lakes Town Center. Despite these strides, Kimco's stock crashed, earning an average rating of 'Moderate Buy' from analysts.
Kimco Realty Corp KIM News Analytics from Wed, 17 Feb 2021 08:00:00 GMT to Sat, 08 Feb 2025 20:36:09 GMT -
Rating 6
- Innovation -1
- Information 7
- Rumor -1
