Latest news with #KIM
Yahoo
2 days ago
- Business
- Yahoo
What to Expect From Kimco Realty's Next Quarterly Earnings Report
Jericho, New York-based Kimco Realty Corporation (KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the U.S. Valued at $14.7 billion by market cap, the company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities. The leading grocery-anchored shopping centers REIT is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Thursday, Jul. 31. Ahead of the event, analysts expect KIM to report an FFO of $0.42 per share on a diluted basis, up 2.4% from $0.41 per share in the year-ago quarter. The company beat or surpassed Wall Street's FFO estimates in its last four quarterly reports. More News from Barchart Opendoor Stock Is Surging Higher in a Frenzied Retail Rally. How Should You Play OPEN Shares Here? This Penny Stock Wants to Become the MicroStrategy of Dogecoin Robinhood Stock Stumbles as S&P 500 Inclusion Is Once Again Off the Table for HOOD Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full year, analysts expect KIM to report FFO of $1.73 per share, up 4.9% from $1.65 per share in fiscal 2024. Its FFO is expected to rise 2.9% year over year to $1.78 per share in fiscal 2026. KIM stock has underperformed the S&P 500 Index's ($SPX) 14.5% gains over the past 52 weeks, with shares up 1.8% during this period. Similarly, it underperformed the Real Estate Select Sector SPDR Fund's (XLRE) 3.7% gains over the same time frame. On May 1, KIM shares closed up by 4.9% after reporting its Q1 results. Its FFO per share of $0.44 surpassed Wall Street expectations of $0.42. The company's revenue was $536.6 million, beating Wall Street forecasts of $525.1 million. KIM expects full-year FFO in the range of $1.71 to $1.74 per share. Analysts' consensus opinion on KIM stock is reasonably bullish, with an overall 'Moderate Buy' rating. Out of 23 analysts covering the stock, eight advise a 'Strong Buy' rating, and 15 give a 'Hold.' KIM's average analyst price target is $24.39, indicating a potential upside of 12.8% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
05-07-2025
- Politics
- Time of India
Kuki MLAs to boycott Manipur's new govt post President's rule
IMPHAL: Manipur's Kuki-Zo community has resolved that its 10 MLAs, including seven from BJP, will not participate in any govt formation if President's rule ends in the state. The move marks a sharp escalation in the state's ethnic and political divide. The decision came at a joint meeting of key Kuki-Zo civil society organisations and community bodies held Friday at Kuki Inpi Manipur (KIM) secretariat. Representatives from KIM and its units attended alongside district units and department heads. Manipur has been under President's Rule since Feb amid continuing ethnic unrest between Meitei and Kuki-Zo communities, which erupted in May 2023. The joint meeting has adopted a resolution asserting that the community would never compromise on its ancestral land, culture, identity, and its political, social, and economic rights. While the statement stopped short of making any demand for statehood or administrative separation, the unified declaration is seen as a direct challenge to any attempt at political normalisation in Manipur without addressing Kuki-Zo grievances in Manipur.
India Today
05-07-2025
- Politics
- India Today
Manipur's Kuki body bars MLAs from forming new state government
In a major political statement, several influential Kuki-Zo civil and community organisations have passed a resolution barring all Kuki-Zo Members of the Legislative Assembly (MLAs) from participating in the formation of any new government in Manipur, whenever it is comes amid tensions in the northeastern state. The state has been under President's Rule since February 13 this year, with the Centre setting a target of December 2025 for the complete resettlement of Internally Displaced Persons (IDPs).advertisementThe resolution was adopted at a joint meeting held on Thursday at the Kuki Inpi Manipur (KIM) Secretariat in Bijang, Churachandpur. The session was attended by top representatives from Kuki Inpi Manipur (KIM), its federating bodies such as the Kuki Students' Organisation-General Headquarters (KSO-GHQ), Kuki Khanglai Lawmpi-GHQ, Kuki Christian Leaders' Forum (KCLF), Kuki Women's Union-GHQ, Kuki Women Organisation for Human Rights-GHQ, Kuki Chiefs' Association-Manipur (KCA-M), along with heads of departments and district detailed deliberations, the gathering unanimously decided that no Kuki-Zo MLA shall "participate or take part in any manner in the formation of a new popular government in the state of Manipur".The resolution declared that the Kuki-Zo people would not compromise on their ancestral land, identity, culture, or political and economic joint statement described the decision as reflective of the "collective political will and aspiration of the Kuki-Zo people" and stated that it is binding on all representatives and community organisations. It also urged strict adherence to the resolution "in letter and spirit".The announcement comes at a time when ten Kuki-Zo MLAs, including seven from the BJP, have been advocating for a separate administration, calling for Union Territory status amid the ethnic violence that broke out on May 3, 2023. The conflict has led to over 250 deaths and the displacement of more than 60,000 the state has witnessed repeated incidents of arms looting. Over 6,000 weapons were reportedly stolen from government armories since the unrest have launched a series of crackdowns to recover illegal weapons. On February 27, 307 weapons were recovered, including 246 deposited by the Meitei group Arambai Tengol. Another operation on June 14 led to the seizure of 328 weapons and 10,600 rounds of ammunition. The most recent crackdown occurred on July 4, when 203 firearms were recovered across multiple districts in one of the largest single-day recoveries in Manipur's history.- EndsMust Watch
Time of India
05-07-2025
- Politics
- Time of India
Kuki-Zos resolve not to take part in govt formation
Imphal: Manipur's Kuki-Zo community has taken a unanimous political resolution that its MLAs will not participate in the event of a govt formation ending the current President's rule. Tired of too many ads? go ad free now There are 10 Kuki-Zo MLAs in the state of which seven belong to BJP. The meeting also resolved that the Kuki-Zos will not compromise their 'ancestral land, culture, identity, and political, social and economic rights under no circumstances'. The decisions were taken during a joint meeting of the Kuki Inpi Manipur (KIM) along with its federating units — Kuki Students' Organisation-General Headquarters (KSO-GHQ), Kuki Khanglai Lawmpi-General Headquarters (KKL-GHQ), Kuki Christian Leaders' Forum (KCLF), Kuki Women's Union-General Headquarters (KWU-GHQ), Kuki Women Organisation for Human Rights-General Headquarters (KWOHR-GHQ), Kuki Chiefs' Association-Manipur (KCA-M) — and all district units of Kuki Inpi and heads of departments at the conference hall of KIM secretariat in Bijang on Friday.
NDTV
05-07-2025
- Politics
- NDTV
Manipur's Kuki Body Asks Their MLAs Not To Be Part Of New Government
Guwahati/Imphal: An influential body of Manipur's Kuki tribes has asked MLAs from their community not to be a part of the next state government whenever it is formed. The state bordering Myanmar where Meitei-Kuki ethnic violence broke out over two years ago is under the President's rule, after N Biren Singh resigned as chief minister of the BJP-led government in February. In recent days, some BJP leaders have spoken about forming a popular government soon. The Kuki Inpi Manipur in a statement on Saturday, however, asked their MLAs not to participate in the formation of a new government in Manipur. There are 10 MLAs from the community. Days after violence began on May 3, 2023, the 10 MLAs issued a statement demanding what they called a "separate administration". "No Kuki-Zo Member of Legislative (MLA) shall participate or take part in any manner in the formation of a new popular government in the state of Manipur," the KIM said in the statement signed by its general secretary Khaikhohauh Gangte. "Under no circumstances shall the Kuki-Zo people compromise our ancestral land, culture, identity, and political, social and economic rights," the KIM said. The KIM marked a copy of the statement to other allied organisations of the Kuki tribes and also the two umbrella groups, Kuki National Organisation and United People's Front, which represent 25 insurgent groups that signed the suspension of operations (SoO) agreement with the Centre and the state government. Meitei leaders have alleged Kuki insurgent groups that signed the SoO agreement have been working to strengthen themselves over the years by taking advantage of the ceasefire, until a time came to engineer a violent attack for a separate land. While Kuki groups pointed at the ethnic clashes that began in May 2023 as the reason why they escalated their demand from an autonomous council to a separate administration, or a Union Territory with an assembly, Meitei leaders have pointed at decades-old evidence of Kuki groups working to form 'Kukiland' carved out of Manipur. The World Kuki-Zo Intellectual Council (WKZIC) in a memorandum to Manipur's new Governor on January 15 said the Kuki tribes have been demanding a state "since 1946-47." In the years before May 2023, Kuki protests, gatherings and panel discussions have mentioned the demand for a separate area carved out of Manipur.
