Kimco Realty Corporation (KIM)

Over the past six months, several events have impacted Kimco Realty Corp.'s stock. In June 2025, Kimco Realty announced its Second Quarter Earnings Conference Call for July 31, 2025, and priced $500 million in 5.300% Notes due 2036. In May 2025, Kimco Realty management presented at Nareit's REITweek: 2025 Investor Conference and announced strong First Quarter 2025 results, raising its 2025 outlook. In April 2025, the company held its Annual Shareholder Meeting. In March 2025, Kimco Realty invited investors to its First Quarter Earnings Conference Call. In February 2025, Kimco Realty management presented at the Citi 2025 Global Property CEO Conference, and insider selling activity by Frank Lourenso was reported. In January 2025, Kimco Realty announced a board leadership transition. The share price increased by 11.51% between June 17, 2024, and June 13, 2025, but has seen a -4.20% change in the last six months.

Demand for Kimco Realty's products and services is characterized by stability due to its focus on essential, necessity-based goods and services. This tenant mix drives consistent foot traffic and revenue throughout the year, making the company resilient to economic fluctuations and shifts in consumer preferences. Overall fundamentals remain healthy with low vacancy rates and increasing asking rents, indicating a consistent demand for high-quality retail locations. There is no indication of significant seasonal variations in demand for Kimco's properties beyond the general stability provided by its tenant strategy.

Kimco Realty Corporation is a prominent real estate investment trust and one of the largest owners and operators of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company operates within the Real Estate sector, specifically in the REIT - Retail industry. Kimco's business model focuses on providing essential, necessity-based goods and services, which drives consistent consumer traffic to its properties. Its core activities include shopping center ownership, management, acquisitions, and value-enhancing redevelopment. The company also offers property management services, including acquisition and disposition, specialty leasing, and operational support for its real estate properties.

As of March 31, 2025, Kimco Realty owned interests in 567 U.S. shopping centers and mixed-use assets, encompassing 101 million square feet of gross leasable space. The company's portfolio is strategically concentrated in the first-ring suburbs of major metropolitan markets, including high-barrier-to-entry coastal areas and rapidly expanding Sun Belt cities across 30 states. Historically, as of February 6, 2006, Kimco had interests in properties located in 44 states, Canada, and Mexico.

Kimco Realty maintains a strong brand reputation through its commitment to corporate responsibility and leadership in ESG initiatives. The company's culture is built on integrity, creativity, and stability, fostering an entrepreneurial spirit, empowerment, accountability, and team collaboration. Kimco published its 2020 Corporate Responsibility Report in July 2021, detailing its performance in ESG areas and announcing the hiring of an ESG Director to further its strategic development and implementation of ESG programs. There have been no specific events reported in the past year that have negatively impacted Kimco Realty Corp.'s brand reputation.

Kimco Realty is primarily owned by institutional shareholders (92.85%), with 6.13% owned by Kimco Realty insiders and 1.02% by retail investors. Major institutional owners include Vanguard Group Inc., Blackrock Inc., State Street Corp, Cohen & Steers Inc., Fmr LLC, Invesco Ltd., Geode Capital Management LLC, Resolution Capital Ltd, and Jpmorgan Chase Co. The largest individual shareholder is Milton Cooper, who owns 21.96 million shares, representing 3.25% of the company.