With a market cap of $15.1 billion, Kimco Realty Corporation (KIM) is a leading REIT specializing in the ownership, operation, acquisition, and redevelopment of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties across major U.S. metropolitan markets. The company owns interests in 564 shopping centers and mixed-use assets spanning 100 million square feet of gross leasable space as of June 30, 2026, with a strong focus on sustainability and corporate responsibility.
The Jericho, New York-based company is set to release its fiscal Q3 2026 results before the market opens on Thursday, Oct. 29. Ahead of this event, analysts project Kimco Realty to report an FFO of $0.46 per share, up 4.6% from $0.44 per share in the year-ago quarter. It has exceeded or met Wall Street's earnings expectations in the past four quarters.
For fiscal 2026, analysts forecast the REIT to report FFO of $1.84 per share, a rise of 4.6% from $1.76 per share in fiscal 2025.
KIM stock has risen 6.7% over the past 52 weeks, lagging behind the broader S&P 500 Index's ($SPX) 17.3% increase. However, the stock has outpaced the State Street Real Estate Select Sector SPDR ETF's (XLRE) marginal gain over the same time frame.
Kimco Realty shares fell 1.6% on Aug. 4, despite beating Q2 2026 earnings and revenue estimates, as same-property net operating income (NOI) growth of 3.5% to $403.16 million missed analysts’ expectation. Investor sentiment may also have been pressured by the company’s 2026 FFO-per-share guidance of $1.83 - $1.84, whose midpoint of $1.84 was slightly below the analyst consensus.
Analysts' consensus view on KIM stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 24 analysts covering the stock, nine suggest a "Strong Buy" and 15 recommend a "Hold." This configuration is slightly less bullish than three months ago, with 10 analysts suggesting a "Strong Buy."
The average analyst price target for Kimco Realty is $26.42, indicating a potential upside of 17.7% from the current levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.