Kimco Realty (NYSE:KIM) Updates FY 2026 Earnings Guidance

Kimco Realty (NYSE:KIM) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.830-1.840 for the period, compared to the consensus estimate of 1.830. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

KIM has been the topic of a number of analyst reports. UBS Group upped their price target on Kimco Realty from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Morgan Stanley increased their price objective on Kimco Realty from $23.50 to $24.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. Stifel Nicolaus set a $28.00 price objective on shares of Kimco Realty in a report on Thursday, June 11th. Raymond James Financial restated a “strong-buy” rating and set a $29.00 price target on shares of Kimco Realty in a research note on Monday, June 29th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Kimco Realty in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.12.

Kimco Realty Stock Performance

Shares of NYSE KIM traded down $0.17 during midday trading on Wednesday, hitting $24.84. 1,165,572 shares of the stock traded hands, compared to its average volume of 5,249,577. The firm has a market capitalization of $16.75 billion, a P/E ratio of 28.88, a PEG ratio of 2.79 and a beta of 0.95. Kimco Realty has a one year low of $19.76 and a one year high of $26.65. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.78 and a current ratio of 3.78. The firm has a 50-day moving average of $25.18 and a two-hundred day moving average of $23.63.

Kimco Realty Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a $0.28 dividend. The ex-dividend date is Friday, September 4th. This is a positive change from Kimco Realty’s previous quarterly dividend of $0.26. This represents a $1.12 dividend on an annualized basis and a yield of 4.5%. Kimco Realty’s dividend payout ratio (DPR) is currently 120.93%.

Kimco Realty News Summary

Here are the key news stories impacting Kimco Realty this week:

• Positive Sentiment: Improved operating performance: Second-quarter FFO rose to $0.46 per diluted share from $0.44 a year earlier, while revenue increased 4.9% to $550.8 million. Leasing activity helped push portfolio occupancy to a record 96.4%, with 461 leases covering 2.5 million square feet. Kimco Realty Announces Second Quarter 2026 Results
• Positive Sentiment: 2026 outlook raised: Kimco increased its full-year earnings guidance, including EPS of $1.830 to $1.840, at or slightly above the $1.830 consensus estimate. Asset sales and higher rents also supported the improved outlook. Kimco Q2 FFO Meet Estimates
• Positive Sentiment: Dividend increased: The quarterly common dividend was raised to $0.28 per share, an increase from $0.26 and an annualized yield of approximately 4.5%. The increase reinforces Kimco’s appeal to income-oriented investors. Kimco Realty dividend announcement
• Neutral Sentiment: Liquidity and portfolio activity: Kimco ended the quarter with $2.7 billion of immediate liquidity and completed property sales totaling about $150 million. These transactions provide financial flexibility but may also reduce future income from sold assets. Kimco Realty Q2 Net Income Falls
• Negative Sentiment: Mixed earnings quality: Net income available to common shareholders declined to $145.8 million, or $0.22 per share, from $155.4 million, or $0.23, a year earlier. Same-property NOI growth was 3.5%, described as modest, which likely contributed to the muted market reaction despite the FFO and guidance improvements. Kimco Realty Slips Despite Strong Q2

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KIM. State Street Corp boosted its stake in Kimco Realty by 2.2% during the third quarter. State Street Corp now owns 47,382,410 shares of the real estate investment trust’s stock worth $1,035,306,000 after buying an additional 1,034,573 shares during the period. Invesco Ltd. lifted its holdings in Kimco Realty by 34.9% during the fourth quarter. Invesco Ltd. now owns 17,016,898 shares of the real estate investment trust’s stock valued at $344,933,000 after purchasing an additional 4,399,959 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Kimco Realty by 0.5% during the third quarter. Daiwa Securities Group Inc. now owns 12,195,113 shares of the real estate investment trust’s stock worth $266,463,000 after purchasing an additional 63,054 shares in the last quarter. Federated Hermes Inc. boosted its holdings in Kimco Realty by 6.1% in the 4th quarter. Federated Hermes Inc. now owns 11,300,478 shares of the real estate investment trust’s stock worth $229,061,000 after buying an additional 650,614 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Kimco Realty by 4.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,634,676 shares of the real estate investment trust’s stock worth $215,565,000 after buying an additional 458,841 shares in the last quarter. Hedge funds and other institutional investors own 89.25% of the company’s stock.

Kimco Realty Company Profile

Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.

Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.