Added to YB: 2025-07-01
Pitch date: 2025-06-30
KIM [bullish]
Kimco Realty Corporation
+10.02%
current return
Author Info
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Company Info
Kimco Realty is a real estate investment trust and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States.
Market Cap
$15.6B
Pitch Price
$20.51
Price Target
27.20 (+21%)
Dividend
4.49%
EV/EBITDA
16.63
P/E
28.36
EV/Sales
11.16
Sector
Retail REITs
Category
value
A New Top Pick [Revealed] - Kimco Realty Corporation
KIM: Grocery-anchored centers w/ 96% occupancy, 48.7% leasing spreads, 4% SP-NOI growth. Trading at 25% NAV discount, 12x FFO vs peers at 16x due to 2025 bad debt causing temp growth slowdown to 4.5%. A-rated, 5.5x debt/EBITDA. 5% yield, 42% FFO retention. 6-8% FFO growth in 2026+, potential 30% upside.
Read full article (4 min)