Kimco Realty traded at $22.08 this Thursday October 1st, decreasing $0.13 or 0.59 percent since the previous trading session. Looking back, over the last four weeks, Kimco Realty lost 8.31 percent. Over the last 12 months, its price rose by 3.37 percent. Looking ahead, we forecast Kimco Realty to be priced at 21.96 by the end of this quarter and at 20.56 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kimco Realty Corporation is a self-administered real estate investment trust. 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 420 United States shopping centers and mixed-use assets comprising of over 73.6 million square feet of gross leasable area (GLA).