New insider activity at Kimco Realty ( (KIM) ) has taken place on February 19, 2025.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Director Frank Lourenso has recently sold 8,714 shares of Kimco Realty stock, totaling a transaction value of $194,322.
Recent Updates on KIM stock
In the last 24 hours, Kimco Realty Corp reported strong financial results for Q4 and the full year 2024, achieving the high end of its outlook. The company saw a 7.7% increase in Funds From Operations (FFO) per share and maintained a high portfolio occupancy rate of 96.3%. Significant strategic moves included the successful acquisition of RPT Realty, which contributed to revenue growth but also increased operating expenses. The company highlighted robust same-site Net Operating Income (NOI) growth and record leasing activity. Despite these successes, Kimco faces challenges from tenant bankruptcies and increased interest expenses due to higher debt levels. Looking forward, Kimco projects further growth in net income and FFO for 2025, supported by strategic acquisitions and a strong balance sheet. Deutsche Bank raised the firm’s price target for Kimco, reflecting confidence in the company’s strategic direction and financial stability.
More about Kimco Realty
YTD Price Performance: -5.09%
Average Trading Volume: 4,201,814
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $14.69B