Kimco Realty Corporation (HC)NYSE: KIM
Real Estate · Retail REITs
$23.41
-0.97%
Vol: 3.9M
Research Digest
Friday, May 1, 2026
Q1 FFO up 4.5% to $0.46; record SNO pipeline of $77M; guidance tightened and raised
Kimco Realty reported Q1 2026 FFO per share of $0.46 (+4.5% YoY) on strong minimum rents and tenant retention, with occupancy reaching 96.3%. The company achieved record signed but not open (SNO) pipeline of $77M annual base rent (+28% YoY) and blended pro-rata cash rent spreads of 11.3%, indicating strong future cash flow. Management tightened and raised full-year 2026 FFO guidance to $1.81-$1.84 and boosted dividend to $0.26. Morgan Stanley raised PT to $24 from $23.50; Barclays reaffirmed Buy. Strong necessity-driven retail portfolio with 86% grocery-anchored centers.
Previous Market Intelligence
13 daysApr 30Kimco Realty Q1 earnings beat, raises FY26 guidance, dividend raised to $0.26Positive▶
Kimco Realty reported Q1 2026 FFO of $0.46, up 4.5% per diluted share, with net income of $157.4M. The company signed 4.4M sq ft with blended new-lease spreads of 23.8%, recording 410 basis point leased-to-economic occupancy spread worth $77M in future ABR. Board raised quarterly dividend to $0.26. Company updated 2026 guidance: Net income $0.83-$0.87, FFO $1.81-$1.84. Net Debt-to-EBITDA reached 5.2x consolidated levels, best since tracking began. Morgan Stanley raised price target to $24 from $23.50. $2.2B liquidity available.
Apr 16Kimco Realty announced $750M ATM equity offering and $750M share repurchase programPositive▶
Kimco Realty announced dual capital programs: a $750M ATM equity offering and a $750M share repurchase program. The company owns interests in 565 shopping centers and mixed-use assets. Q1 2026 earnings are scheduled for April 30 announcement. Analyst consensus is Buy with a 12-month price target of $25.08 (8.24% upside). The REIT is generating strong 4.51% dividend yield and shows 13.81% year-to-date gains.
Apr 15Kimco Realty maintains strong REIT fundamentals with 96.4% portfolio occupancy; Q1 earnings announced for April 30.Positive▶
Kimco Realty announced Q1 2026 earnings release for April 30, 2026 at 8:30 AM ET. The company maintains strong portfolio occupancy metrics with 96.4% overall occupancy, 97.9% anchor occupancy, and 92.7% small-shop occupancy (record level). Kathleen Thayer was appointed as EVP and Chief Accounting Officer effective April 1, 2026. The stock is up 13.81% year-to-date with a 4.51% dividend yield.
Apr 14Kimco Realty announces Q1 2026 earnings April 30 with 4.51% dividend yield and strong year-to-date performance.Positive▶
Kimco Realty will announce Q1 2026 earnings April 30 before market open. Portfolio comprises 565 U.S. shopping centers with 100 million square feet of gross leasable space. Stock up 27.0% over past year and 12.9% year-to-date with 4.51% dividend yield. Analyst consensus Buy with $25.08 PT.
Apr 13No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Apr 10Kimco Realty announced Q1 2026 earnings call for April 30; analysts remain bullish on grocery-anchored portfolio.Positive▶
Kimco Realty announced its Q1 2026 earnings release for April 30 with conference call at 8:30 a.m. ET. The company owns 565 U.S. shopping centers with 100 million square feet. Management presented at Citi 2026 Global Property CEO Conference. 14 analysts rate as Buy with $24.93 target (10.26% upside). Latest price near $22.61.
Apr 9Kimco Realty announces Q1 2026 earnings April 30 with stable 96.4% occupancyNeutral▶
Kimco Realty will announce Q1 2026 earnings on April 30, 2026 with live call at 8:30 AM ET. As of December 31, 2025, company owns interests in 565 U.S. shopping centers with 100 million SF of leasable space and 96.4% occupancy rate. Dividend of $1.01 per share reflects stable cash generation from grocery-anchored portfolio. Management presented at Citi 2026 Global Property CEO Conference. Annual meeting scheduled for proxy voting on directors and auditor ratification. Analysts rate KIM as Buy with $24.93 price target (+10.26% upside) from 14 analysts, optimistic on grocery anchors despite e-commerce headwinds.
Apr 8Kimco Realty Maintains Strong Dividend; $750M ATM Offering Program AnnouncedPositive▶
Kimco Realty declared a quarterly common dividend and recently announced a $750 million ATM equity offering program and $750 million stock repurchase program. The company maintains interests in 565 U.S. shopping centers with 100 million square feet of gross leasable space. Achieved A3 credit rating from Moody's in November 2025.
Apr 7No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Apr 6Kimco Realty Q4 2025 strong revenue growth; David Jamieson appointed to Board.Positive▶
Kimco Realty reported Q4 2025 revenue $1.61B (+7.17% YoY) and earnings $513.81M (+32.86%). Portfolio: 565 US shopping centers. 80% of new deal flow from services tenants. David Jamieson appointed to Board January 2026. Avg Buy rating PT $24.93.
Apr 3Kimco Realty achieved Buy consensus rating with $25.08 price target from 13 analysts; Kathleen Thayer assumes Treasurer role.Positive▶
Kimco Realty has a Buy consensus rating from 13 analysts with an average price target of $25.08. Truist raised the price target to $23 from $22 on March 23. Kathleen Thayer will assume the role of Executive Vice President, Treasurer, and Chief Accounting Officer effective April 1, 2026.
Apr 2Kimco Realty maintaining grocery-anchored focus with 565 U.S. shopping centers; Scotiabank raises PT to $24 from $22.Positive▶
Kimco Realty maintains leadership in grocery-anchored open-air retail with 100M sq ft across 565 centers. Scotiabank lifted PT to $24 (from $22) on March 24 with Sector Perform rating. Argus reaffirmed Buy with $27 PT based on projected growth from portfolio acquisitions. Company presents at Raymond James and Citi CEO conferences. 14 analysts rating Buy with 12-month PT $24.93 (+10.26%).
Apr 1Kimco Realty reported strong Q4 2025 with record pro-rata occupancy of 96.4%; FFO guidance of $1.80-$1.84 for 2026.Positive▶
Kimco reported full-year 2025 FFO of $1.76 per share with 2026 FFO guidance of $1.80-$1.84. Pro-rata occupancy reached all-time high of 96.4%. Moody upgraded company to A3 rating.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| SPGSIMON | $202.41 | -0.64% | +7.1% | 29.5x | 1.40 | $77.5B |
| OREALTY | $63.97 | -0.42% | +3.9% | 35.3x | 0.80 | $59.9B |
| KIMKIMCO | $23.41 | -0.97% | +5.3% | 27.6x | 1.05 | $15.9B |
| REGREGENCY | $78.60 | +0.96% | +1.6% | 30.7x | 0.92 | $14.6B |
| FRTFEDERAL | $114.77 | +3.49% | +3.9% | 34.9x | 0.99 | $9.6B |
| WELLWELLTOWER | $217.35 | +0.00% | +8.2% | 66.1x | — | $153.2B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.