Kimco Realty Corp (KIM): Today's Featured Real Estate Loser

Kimco Realty (KIM) pushed the Real Estate industry lower today making it today's featured Real Estate loser. The industry as a whole closed the day down 0.3%. By the end of trading, Kimco Realty fell 18 cents (-0.9%) to $19.54 on average volume. Throughout the day, 2.8 million shares of Kimco Realty exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in price between $19.29-$19.78 after having opened the day at $19.47 as compared to the previous trading day's close of $19.72. Other company's within the Real Estate industry that declined today were: Income Opportunity Realty Investors (IOT), down 13.3%, ZipRealty (ZIPR), down 8.8%, Supertel Hospitality (SPPR), down 5.7%, and Rait Financial (RAS), down 3.9%.

Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers. Kimco Realty has a market cap of $8.21 billion and is part of the financial sector. The company has a P/E ratio of 63.9, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 22% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Kimco Realty a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Kimco Realty as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

• You can view the full Kimco Ratings Report.

On the positive front, Stratus Properties (STRS), up 9.7%, HMG/Courtland Properties (HMG), up 9.2%, IRSA Investments and Representations (IRS), up 6.8%, and China Housing & Land Development (CHLN), up 6.1%, were all gainers within the real estate industry with American Capital Agency (AGNC) being today's featured real estate industry winner.

• Use our real estate section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate (IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund (REK).

• Find other investment ideas from our top rated ETFs lists.

For more information on Kimco Realty Corp click any of the following:

• Kimco Realty Corp Stock Price

• Kimco Realty Corp Analyst Ratings

• Kimco Realty Corp Key Stats & Profile

• Kimco Realty Corp Earnings

• Kimco Realty Corp Ratio Comparison

• Kimco Realty Corp Growth Rates

• Kimco Realty Corp Balance Sheet

• Kimco Realty Corp Cash Flow

• Kimco Realty Corp Income Statement