
Kimco Realty Corporation (NYSE:KIM – Free Report) – Equities research analysts at Zacks Research cut their FY2027 earnings estimates for shares of Kimco Realty in a note issued to investors on Tuesday, August 25th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings of $1.87 per share for the year, down from their previous forecast of $1.88. The consensus estimate for Kimco Realty’s current full-year earnings is $1.84 per share. Zacks Research also issued estimates for Kimco Realty’s Q1 2028 earnings at $0.48 EPS.
Kimco Realty (NYSE:KIM – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.26. Kimco Realty had a net margin of 27.76% and a return on equity of 5.76%. The business had revenue of $550.80 million for the quarter, compared to analyst estimates of $543.75 million. During the same period in the prior year, the business posted $0.44 earnings per share. Kimco Realty’s revenue was up 4.9% compared to the same quarter last year. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS.
Check Out Our Latest Research Report on KIM
Kimco Realty Price Performance
KIM opened at $24.03 on Thursday. The company has a fifty day moving average price of $25.06 and a two-hundred day moving average price of $24.00. The firm has a market capitalization of $16.12 billion, a PE ratio of 28.27, a P/E/G ratio of 2.57 and a beta of 0.95. Kimco Realty has a 52 week low of $19.76 and a 52 week high of $26.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 5.23 and a current ratio of 5.23.
Kimco Realty Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be issued a $0.28 dividend. This is a positive change from Kimco Realty’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.12 annualized dividend and a dividend yield of 4.7%. Kimco Realty’s dividend payout ratio (DPR) is presently 122.35%.
Institutional Trading of Kimco Realty
Large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Kimco Realty by 59.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 111,247 shares of the real estate investment trust’s stock valued at $2,351,000 after acquiring an additional 41,265 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Kimco Realty by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 639,985 shares of the real estate investment trust’s stock worth $13,593,000 after acquiring an additional 38,554 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of Kimco Realty during the first quarter worth about $61,000. Quantbot Technologies LP acquired a new stake in shares of Kimco Realty during the second quarter worth about $331,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Kimco Realty by 30.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,069 shares of the real estate investment trust’s stock valued at $107,000 after purchasing an additional 1,170 shares in the last quarter. Institutional investors own 89.25% of the company’s stock.
Key Kimco Realty News
Here are the key news stories impacting Kimco Realty this week:
- Positive Sentiment: Zacks Research raised multiple EPS estimates: Forecasts increased for Q3 2026 to $0.46 from $0.45, Q4 2026 to $0.46 from $0.45, and full-year 2026 to $1.84 from $1.81. Zacks also lifted Q2 2027 EPS to $0.48, Q2 2028 EPS to $0.49, and FY2028 EPS to $1.94 from $1.93. These revisions suggest slightly improved expectations for the retail-focused real estate investment trust’s earnings growth.
- Positive Sentiment: JPMorgan raised its price target on Kimco Realty to $26 from $25, implying additional upside from recent trading levels. However, the firm maintained a “neutral” rating, limiting the bullish significance of the target increase. Benzinga report
- Neutral Sentiment: Analyst estimates remain broadly aligned with consensus. Zacks’ revised FY2026 EPS forecast of $1.84 matches the current consensus estimate, while its FY2028 forecast of $1.94 represents only a modest increase. The updates therefore provide incremental support but are unlikely to trigger a major repricing by themselves.
- Neutral Sentiment: Recent coverage characterized Kimco’s second-quarter performance as steady and highlighted the new $26 price target, reinforcing a stable operating outlook rather than signaling a major business inflection. Kimco Realty stock gains on fresh $26 price target and steady Q2 performance
About Kimco Realty
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.
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