(KIM) Kimco Realty - Ratings and Ratios

Kimco Realty Corporation (NYSE: KIM) is a top-tier Real Estate Investment Trust (REIT) specializing in high-quality, open-air shopping centers and mixed-use properties. Strategically focused on the first-ring suburbs of major U.S. metropolitan areas, Kimco concentrates on high-barrier-to-entry coastal markets and rapidly growing Sun Belt cities. This approach ensures stable cash flows and positions the company to capitalize on demographic trends.

Since its founding in 1958 and public listing on the NYSE in 1991, Kimco has established a strong track record in shopping center ownership, management, acquisitions, and value-enhancing redevelopment. Their portfolio emphasizes essential, necessity-based tenants, fostering consistent foot traffic. As of September 30, 2024, Kimco owned interests in 567 properties, encompassing 101 million square feet of gross leasable space.

With a market capitalization of $15.13 billion, Kimco operates with a price-to-earnings (P/E) ratio of 41.57 and a forward P/E of 29.94, reflecting market expectations for future performance. The price-to-book (P/B) ratio of 1.44 indicates a modest premium to book value, while the price-to-sales (P/S) ratio of 7.71 highlights its revenue generation efficiency. Kimco is classified under the GICS Sub Industry of Retail REITs, aligning with its core business focus.

Kimcos commitment to corporate responsibility and environmental, social, and governance (ESG) practices underscores its leadership in sustainable real estate. For more information, visit their website at https://www.kimcorealty.com.