Kimco Realty (NYSE:KIM) Announces Quarterly Earnings Results

Posted by Brenda Bartman on Oct 30th, 2026

Kimco Realty (NYSE:KIM – Get Free Report) posted its quarterly earnings data on Thursday. The real estate investment trust reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01, Zacks reports. Kimco Realty had a return on equity of 7.16% and a net margin of 34.06%. The firm had revenue of $546.15 million during the quarter, compared to analysts’ expectations of $549.06 million. During the same quarter last year, the firm earned $0.44 EPS. The business’s quarterly revenue was up 3.9% on a year-over-year basis.

Here are the key takeaways from Kimco Realty’s conference call:

Kimco raised its full-year outlook, increasing FFO guidance to $1.84–$1.86 per diluted share and same-property NOI growth guidance to 3.5%–3.8%, while lowering its credit-loss assumption to 50–60 basis points.
Operating momentum strengthened, with same-property NOI growth accelerating to 4.9%, portfolio occupancy reaching a record 96.6%, and small-shop occupancy holding at a record 92.9%. New lease spreads remained strong at 31.5%, marking the 20th consecutive quarter of double-digit growth.
Management said the One Kimco platform is improving execution and efficiency, including faster rent commencements, better recoveries, lower G&A relative to revenue, and more than 5,000 hours of annual automation savings. Approximately $76 million of signed but not yet commenced annual rent remains embedded in the pipeline.
Kimco continued recycling capital from lower-growth assets into grocery-anchored centers with higher yields and stronger growth prospects, raising expected 2026 transaction volume to $400 million–$500 million. The company also repurchased $150 million of common shares and reported strong liquidity, leverage, and limited 2027 debt maturities.
Executives acknowledged macroeconomic and interest-rate volatility but said demand for high-quality grocery-anchored retail remains strong, with limited new supply and substantial institutional capital competing for available properties. Management expects to provide its full 2027 outlook with fourth-quarter results.

Kimco Realty Price Performance

Shares of KIM traded up $0.09 during mid-day trading on Friday, reaching $24.51. 10,550,252 shares of the stock traded hands, compared to its average volume of 5,499,326. The company has a market cap of $16.29 billion, a price-to-earnings ratio of 22.91, a price-to-earnings-growth ratio of 2.78 and a beta of 0.91. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.82. The firm has a fifty day moving average price of $23.06 and a 200 day moving average price of $23.50. Kimco Realty has a 1 year low of $19.76 and a 1 year high of $26.65.

Kimco Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Friday, December 4th. Kimco Realty’s dividend payout ratio (DPR) is presently 104.67%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. UBS Group lowered their price objective on shares of Kimco Realty from $29.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, October 9th. JPMorgan Chase & Co. upped their price target on shares of Kimco Realty from $25.00 to $26.00 and gave the company a “neutral” rating in a research note on Tuesday, August 25th. Weiss Ratings lowered shares of Kimco Realty from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Truist Financial initiated coverage on shares of Kimco Realty in a report on Thursday, October 1st. They issued a “hold” rating and a $24.00 price objective on the stock. Finally, The Goldman Sachs Group set a $24.00 price objective on shares of Kimco Realty in a research report on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Kimco Realty has an average rating of “Moderate Buy” and an average price target of $25.71.

View Our Latest Analysis on KIM

Kimco Realty News Roundup

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

Positive Sentiment: FFO beat estimates: Third-quarter funds from operations increased 6.8% year over year to $0.47 per share, exceeding the $0.46 analyst consensus and last year’s $0.44. Net income also more than doubled to $272.5 million, or $0.41 per diluted share. Kimco Realty Surpasses Q3 FFO Estimates
Positive Sentiment: Portfolio fundamentals improved: Occupancy reached a record 96.6%, while same-property net operating income rose 4.9% year over year, indicating continued leasing momentum and pricing strength in Kimco’s grocery-anchored shopping-center portfolio. Kimco Realty Announces Third Quarter 2026 Results
Positive Sentiment: Full-year outlook raised: Management increased its 2026 net-income outlook to $1.07-$1.09 per share and lifted its FFO outlook, reflecting confidence in leasing gains and operating performance. Kimco Realty Reports Third Quarter Results and Raises Outlook
Positive Sentiment: Shareholder returns remain attractive: Kimco declared a quarterly dividend of $0.28 per share, equivalent to $1.12 annually and a yield of approximately 4.6%. The company also repurchased 6.3 million shares for $150 million. Kimco Realty Earnings Report
Neutral Sentiment: Revenue slightly missed expectations: Quarterly revenue rose 3.9% to $546.1 million but fell short of the $549.1 million consensus estimate, creating a modest counterweight to the FFO and guidance beats. KIM Q3 FFO Beats on Strong Leasing

Kimco Realty Company Profile

(Get Free Report)

Kimco Realty Corporation is a real estate investment trust that owns, operates and develops open-air, grocery-anchored shopping centers and mixed-use properties in the United States. Its properties are designed to serve everyday consumer needs and typically include grocery stores, restaurants, service businesses, retailers and other essential tenants.

The company’s portfolio is concentrated in major metropolitan areas and high-density communities, with a focus on locations that offer convenient access, strong surrounding demographics and complementary tenant mixes.