Philip Coviello - Kimco Realty Independent Director

KIM Stock  USD 25.31  0.22  0.88%   

Director

Mr. Philip E. Coviello Jr. is an Independent Director of the Kimco Realty Corporationrationration. Philip E. Coviello was a Director of the Company since May 2008, is the Chair of the Audit Committee and a member of the Executive Compensation and Nominating and Corporationrationrate Governance Committees. Mr. Coviello was a partner at Latham Watkins LLP, an international law firm, until his retirement from that firm in 2003. In addition, since 1996, Mr. Coviello was a Director of Getty Realty Corporationrationration, where he serves as Chair of the Audit Committee and is a member of its Compensation and NominatingCorporationrate Governance Committees since 2008.
Age 77
Tenure 16 years
Professional MarksMBA
Address 500 North Broadway, Jericho, NY, United States, 11753-2128
Phone516 869 9000
Webhttps://www.kimcorealty.com
Coviello holds an A.B. from Princeton University, an L.L.B. from the Columbia University School of Law and an M.B.A. from the Columbia University School of Business. Decades of experience as both issuers’ and underwriters’ counsel in capital markets transactions and heavy involvement in the presentation and analysis of hundreds of audited financial statements, pro forma financial statements and SEC filings, including representing the Company in its initial public offering.

Philip Coviello Latest Insider Activity

Tracking and analyzing the buying and selling activities of Philip Coviello against Kimco Realty stock is an integral part of due diligence when investing in Kimco Realty. Philip Coviello insider activity provides valuable insight into whether Kimco Realty is net buyers or sellers over its current business cycle. Note, Kimco Realty insiders must abide by specific rules, including filing SEC forms every time they buy or sell Kimco Realty'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Kimco Realty Management Efficiency

The company has Return on Asset of 0.0213 % which means that on every $100 spent on assets, it made $0.0213 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0383 %, implying that it generated $0.0383 on every 100 dollars invested. Kimco Realty's management efficiency ratios could be used to measure how well Kimco Realty manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Kimco Realty's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Assets is likely to grow to 0.05, while Return On Capital Employed is likely to drop 0.03. At this time, Kimco Realty's Intangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.05, while Net Tangible Assets are likely to drop about 6.4 B.
Kimco Realty has 7.73 B in debt with debt to equity (D/E) ratio of 0.74, which is OK given its current industry classification. Kimco Realty has a current ratio of 74.68, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Kimco to invest in growth at high rates of return.

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is a real estate investment trust headquartered in Jericho, N.Y. that is one of North Americas largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. Publicly traded on the NYSE since 1991, and included in the SP 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years. Kimco Realty operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 606 people. Kimco Realty (KIM) is traded on New York Stock Exchange in USA. It is located in 500 North Broadway, Jericho, NY, United States, 11753-2128 and employs 660 people. Kimco Realty is listed under Retail REITs category by Fama And French industry classification.

Management Performance

Kimco Realty Leadership Team

Elected by the shareholders, the Kimco Realty's board of directors comprises two types of representatives: Kimco Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kimco. The board's role is to monitor Kimco Realty's management team and ensure that shareholders' interests are well served. Kimco Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kimco Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Colombe Nicholas, Independent Director
Leah Landro, Chief Human Resource Officer, Executive Vice President
Bruce Rubenstein, General VP
Henry Moniz, Independent Director
Thomas Taddeo, Executive Officer
Mary Preusse, Lead Independent Director
Jennifer Maisch, Vice Communications
Valerie Richardson, Independent Director
Philip Coviello, Independent Director
David Jamieson, Executive Vice President - Asset Management and Operations
Tom Taddeo, Executive Vice President, Chief Information Officer
Frank Lourenso, Independent Director
Glenn Cohen, Chief Financial Officer, Executive Vice President, Treasurer
Conor Flynn, Chief Executive Officer, Director
Paul Westbrook, VP Officer
Milton Cooper, Co-Founder, Executive Chairman and Chairman of Executive Committee
Glenn CPA, Executive CFO
Kenneth Fisher, VP CTO
Ross Cooper, Chief Investment Officer and Executive VP
Will Teichman, Senior Vice President Strategic Operations
Kathleen Thayer, Senior Vice President Corporate Accounting and Assistant Treasurer
Richard Saltzman, Independent Director
David Bujnicki, Vice President - Investor Relations and Corporate Communications

Kimco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Kimco Realty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Kimco Realty is a strong investment it is important to analyze Kimco Realty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kimco Realty's future performance. For an informed investment choice regarding Kimco Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimco Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Kimco Stock, please use our How to Invest in Kimco Realty guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kimco Realty. If investors know Kimco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kimco Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.054
Dividend Share
0.96
Earnings Share
0.54
Revenue Per Share
2.986
Quarterly Revenue Growth
0.138
The market value of Kimco Realty is measured differently than its book value, which is the value of Kimco that is recorded on the company's balance sheet. Investors also form their own opinion of Kimco Realty's value that differs from its market value or its book value, called intrinsic value, which is Kimco Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kimco Realty's market value can be influenced by many factors that don't directly affect Kimco Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kimco Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimco Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimco Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.