Trade Kimco Realty Corp - KIM CFD

Kimco Company profile

About Kimco Realty Corp

Kimco Realty Corporation is a real estate investment trust (REIT). The Company owns and operates of open-air, grocery-anchored shopping centers and mixed-use assets. The Company is specialized in shopping center acquisitions, development, management, and operation of open-air shopping centers, which are anchored generally by discounters, grocery stores, and service-oriented tenants.The Company has interests in approximately 545 United States shopping center properties comprising 93.7 million square feet of gross leasable area (GLA), located in approximately 29 states. The Company has 58 other property interests, primarily through the company’s preferred equity investments and other investments, comprising 6.3 million square feet of GLA. The Company's properties include 10-Federal S.C, 1934 West Gray, 1935 West Gray, 1939 West Gray, 2200 Westlake Retail, 2424 Hylan Boulevard, 280 Metro Center, 580 Market Place, 8000 Sunset Strip S.C., Accent Plaza and Adams Plaza.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Kimco Realty Corp revenues increased 29% to $1.36B. Net income applicable to common stockholders decreased 16% to $815.6M. Revenues reflect NAREIT FFO - Per Share - Basic - Total increase of 20% to $1.4, NAREIT FFO - Per Share - Diluted - Total increase of 18% to $1.38, Management and other fee income increase of 14% to $14.9M.

Equity composition

Common Stock $.01 Par, 12/11, 750M auth., 406,937,830 issd., Insiders own 2.84%. PO 4/93, 3.42M shs. @ $34.25 by Merrill Lynch. PO 1/95, 1.8M shs @ $36.25 by Merrill Lynch. IPO 1/96, 2.2M shs @ $26.50 by Merrill Lynch. PO 9/97, 4M shs @ $35.50 by ML. Pref. Shs $1 Par, 12/10, Cl F 700K auth., 700,000 issd. Cl G 184K auth., 184,000 issd. Cl H 70K auth.,