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KIM / RPT Realty rallies on all-stock merger deal with RP Kimco Realty

RPT Realty rallies on all-stock merger deal with RP Kimco Realty
RPT Realty RPT, -0.31% stock was up 11.8% in premarket trading on Monday after it said it agreed to be acquired by Kimco Realty Corp. KIM, +0.16% in an all-stock deal that values the New York-based shopping center owner at $2 billion including debt. RPT shareholders will receive 0.6049 of a newly-issued Kimco share for each RPT share they own. Read More
Posted: Aug 28 2023, 07:10
Author Name: Market Watch
Views: 122445

KIM News  

Kimco Is Attractive For Income Seeking Investors

By Seeking Alpha
October 30, 2023

Kimco Is Attractive For Income Seeking Investors

Kimco's stock has lost 18% of its value in the past year, but the company has been raising its dividend. The increase in interest rates has negatively more_horizontal

Kimco's (KIM) Q3 FFO & Revenues Beat Estimates, '23 View Raised

By Zacks Investment Research
October 26, 2023

Kimco's (KIM) Q3 FFO & Revenues Beat Estimates, '23 View Raised

Kimco's (KIM) Q3 results reflect better-than-anticipated revenues, aided by rental rate growth. The company raises its 2023 FFO per share outlook and more_horizontal

Kimco Realty (KIM) Beats Q3 FFO and Revenue Estimates

By Zacks Investment Research
October 26, 2023

Kimco Realty (KIM) Beats Q3 FFO and Revenue Estimates

Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.40 per share, beating the Zacks Consensus Estimate of $0.39 per share. Th more_horizontal

Kimco Realty: Evaluating After RPT Acquisition Announcement

By Seeking Alpha
October 8, 2023

Kimco Realty: Evaluating After RPT Acquisition Announcement

Kimco's acquisition of RPT Realty is seen as a good deal, with the purchase of high-quality assets at discounted prices expected to create shareholder more_horizontal

Is it Wise to Retain Kimco (KIM) Stock in Your Portfolio Now?

By Zacks Investment Research
September 22, 2023

Is it Wise to Retain Kimco (KIM) Stock in Your Portfolio Now?

Focus on grocery-anchored centers, mixed-use assets and a solid balance sheet are likely to support Kimco (KIM). However, a rise in e-commerce adoptio more_horizontal

Kimco Realty: 4.8% Yield, Strong Dividend Coverage, And A Catalyst

By Seeking Alpha
September 19, 2023

Kimco Realty: 4.8% Yield, Strong Dividend Coverage, And A Catalyst

Kimco Realty announced the acquisition of RPT Realty, which is expected to boost funds from operations growth. The transaction will add to Kimco Realt more_horizontal

Kimco Realty® Invites You to Join Its Third Quarter Earnings Conference Call

By Business Wire
September 12, 2023

Kimco Realty® Invites You to Join Its Third Quarter Earnings Conference Call

JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) will announce its third quarter 2023 earnings on Thursday, October 26, 2023, before market more_horizontal

Retail M&A Heats Up With Kimco/RPT Merger

By Seeking Alpha
August 31, 2023

Retail M&A Heats Up With Kimco/RPT Merger

M&A activity in the shopping center space is increasing due to the mispricing of the market, creating opportunities for stock-for-stock transactions. more_horizontal


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