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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Kimco Realty ( KIM) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole was unchanged today. By the end of trading, Kimco Realty rose 20 cents (1%) to $19.48 on average volume. Throughout the day, 3.4 million shares of Kimco Realty exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in a price between $19.24-$19.56 after having opened the day at $19.24 as compared to the previous trading day's close of $19.28. Other companies within the Real Estate industry that increased today were: IFM Investments ( CTC), up 11.9%, Marlin Business Services ( MRLN), up 6.6%, Caplease ( LSE), up 5.2%, and Intergroup Corporation ( INTG), up 3.5%.
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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 $7.85 billion and is part of the financial sector. The company has a P/E ratio of 56.6, above the S&P 500 P/E ratio of 17.7. Shares are up 18.7% year to date as of the close of trading on Monday. 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 revenue growth, reasonable valuation levels, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, China Housing & Land Development ( CHLN), down 10.9%, HMG/Courtland Properties ( HMG), down 10.1%, Amrep Corporation ( AXR), down 9.4%, and Income Opportunity Realty Investors ( IOT), down 4.2%, were all laggards within the real estate industry with Annaly Capital Management ( NLY) being today's real estate industry laggard.

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).

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