Kimco Realty Corp

Chart & Performance

D1W1MN

Profile

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.

URL

https://www.kimcorealty.com/

IPO date

Nov 22, 1991

Employees

639

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,783,400 3.22%	1,727,684 26.61%	1,364,585 28.99%
Cost of revenue	693,525	653,941	525,132
Unusual Expense (Income)
NOPBT	1,089,875	1,073,743	839,453
NOPBT Margin	61.11%	62.15%	61.52%
Operating Taxes	60,952	56,654	3,380
Tax Rate	5.59%	5.28%	0.40%
NOPAT	1,028,923	1,017,089	836,073
Net income	654,273 -5,397.76%	(12,350) -101.46%	844,059 -15.66%
Dividends	(657,460)	(544,740)	(382,132)
Dividend yield	4.99%	4.16%	3.03%
Proceeds from repurchase of equity	2,236	12,072	62,147
BB yield	-0.02%	-0.09%	-0.49%
Debt
Debt current		23,400	923,900
Long-term debt	7,836,766	7,385,244	7,723,260
Deferred revenue		(6,551)	(8,058)
Other long-term liabilities	563,723	809,389	730,690
Net debt	5,821,116	5,461,951	5,971,844
Cash flow
Cash from operating activities	1,071,607	861,114	618,875
CAPEX			(216,811)
Cash from investing activities	(136,983)	(63,217)	(476,259)
Cash from financing activities	(300,696)	(982,731)	(102,702)
FCF	945,087	2,204,025	(23,445)
Balance
Cash	783,757	747,561	1,546,402
Long term investments	1,231,893	1,199,132	1,128,914
Excess cash	1,926,480	1,860,309	2,607,087
Stockholders' equity	87,241	121,571	531,791
Invested Capital	17,965,236	17,716,074	18,837,884
ROIC	5.77%	5.56%	5.43%
ROCE	6.04%	6.02%	4.33%
EV
Common stock shares outstanding	618,199	617,858	511,385
Price	21.31 0.61%	21.18 -14.08%	24.65 64.22%
Market cap	13,173,821 0.67%	13,086,232 3.81%	12,605,640 94.57%
EV	19,195,226	18,772,536	18,801,777
EBITDA	1,597,140	1,565,152	1,234,773
EV/EBITDA	12.02	11.99	15.23
Interest	250,201	226,823	204,133
Interest/NOPBT	22.96%	21.12%	24.32%