Kimco Realty Surges to Top 436 Most Actively Traded Stocks with $222 Million in Shares Traded
On May 1, 2025, kimco realty (KIM) saw a significant increase in trading volume, with a total of $222 million in shares traded, marking a 46.51% rise from the previous day. This surge placed Kimco among the top 436 most actively traded stocks for the day, with the stock price rising by 4.85%.
Kimco Realty reported a notable increase in mortgage and other financing income, net, amounting to $8.8 million. This rise is attributed to the growth in Kimco's Structured Investment Program year over year.
In the first quarter of 2025, Kimco Realty's revenue from rental properties increased by 6.5% to $531.3 million, surpassing the estimated $522.21 million. This strong performance indicates a robust growth in the company's rental income.
Kimco Realty reported its first-quarter funds from operations (FFO) at $0.44 per share, up from $0.39 per share a year earlier. This figure exceeded analysts' expectations of $0.42 per share, demonstrating the company's strong financial performance.
In response to these positive developments, Kimco Realty has raised its 2025 outlook, reflecting the robust growth in net income and overall financial health of the company. This upward revision in outlook is a testament to the company's strong performance and optimistic future prospects.
