Should You Consider Kimco Realty Corporation (NYSE:KIM)?

Kimco Realty Corporation (NYSE:KIM) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of KIM, it is a notable dividend payer with a a great history of performance, trading at a great value. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Kimco Realty here.

Solid track record, good value and pays a dividend

In the previous year, KIM has ramped up its bottom line by 19%, with its latest earnings level surpassing its average level over the last five years. In addition to beating its historical values, KIM also outperformed its industry, which delivered a growth of 14%. This is an optimistic signal for the future. KIM’s share price is trading at below its true value, meaning that the market sentiment for the stock is currently bearish. This mispricing gives investors the opportunity to buy into the stock at a cheap price compared to the value they will be receiving, should analysts’ consensus forecast growth be correct. Also, relative to the rest of its peers with similar levels of earnings, KIM’s share price is trading below the group’s average. This further reaffirms that KIM is potentially undervalued.

NYSE:KIM Income Statement Export January 9th 19
NYSE:KIM Income Statement Export January 9th 19

KIM is considered one of the top dividend payers in the market, and its profitability ensures that dividends are well-covered by its net income.

NYSE:KIM Historical Dividend Yield January 9th 19
NYSE:KIM Historical Dividend Yield January 9th 19

Next Steps:

For Kimco Realty, I’ve compiled three fundamental aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for KIM’s future growth? Take a look at our free research report of analyst consensus for KIM’s outlook.
  2. Financial Health: Are KIM’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of KIM? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.