Mizuho Maintains Buy on Kimco Realty, Lowers Price Target to $22
Mizuho analyst Haendel St. Juste maintains Kimco Realty (NYSE:KIM) with a Buy and lowers the price target from $25 to $22.
Is Now A Good Time To Buy Kimco Realty?
Kimco Realty Corp. (NYSE: KIM) is a Jericho, New York-based retail real estate investment trust (REIT) that owns and operates 533 open-air, grocery store-anchored properties with 92 million square feet of leasable space.
Kimco Realty Q3 EPS $0.41 Up From $0.32 YoY, Sales $433.40M Beat $418.08M Estimate
Kimco Realty (NYSE:KIM) reported quarterly earnings of $0.41 per share. This is a 28.12 percent increase over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $433.40
Earnings Scheduled For October 27, 2022
Companies Reporting Before The Bell
• Janus Henderson Gr (NYSE:JHG) is expected to report quarterly earnings at $0.48 per share on revenue of $494.27 million.
REITs Continue To Rally On Greater-Than-Expected Inflationary Data
The major real estate investment trusts (REITs) started to rally after the Oct. 13, 2022, consumer price index report from the U. S. Bureau of Labor Statistics, despite the slightly hotter-than-expected September inflation number of 8.2% year-over-year figure versus the expected 8.1% year-over-year. The previous month had come in at 8.3%.
Analyst Ratings for Kimco Realty
Kimco Realty (NYSE:KIM) has observed the following analyst ratings within the last quarter:
Deutsche Bank Maintains Hold on Kimco Realty, Lowers Price Target to $21
Deutsche Bank analyst Derek Johnston maintains Kimco Realty (NYSE:KIM) with a Hold and lowers the price target from $23 to $21.
If You Had Invested $1,000 in Kimco Five Years Ago, Here’s How Much You Would Have Made in Dividends
Have you ever looked at various stocks and wondered how much you would have made if you bought them five years ago? Here’s a look at one income-producing real estate investment trust (REIT) stock and its performance over the past five years:
Where Kimco Realty Stands With Analysts
Within the last quarter, Kimco Realty (NYSE:KIM) has observed the following analyst ratings: