Zacks Research Reduces Earnings Estimates for Kimco Realty

Kimco Realty Corporation (NYSE:KIM) – Investment analysts at Zacks Research cut their FY2027 EPS estimates for shares of Kimco Realty in a report issued on Tuesday, August 25th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings of $1.87 per share for the year, down from their previous estimate 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.

Other research analysts have also recently issued reports about the company. Stifel Nicolaus set a $28.00 price objective on Kimco Realty in a research report on Thursday, June 11th. Jefferies Financial Group raised Kimco Realty to a “hold” rating in a research report on Friday, June 26th. Piper Sandler boosted their target price on Kimco Realty from $28.00 to $31.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Wells Fargo & Company upped their price target on Kimco Realty from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Kimco Realty from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Kimco Realty has an average rating of “Moderate Buy” and an average price target of $26.56.

Kimco Realty Stock Performance

KIM opened at $24.03 on Thursday. The business’s 50-day moving average price is $25.06 and its two-hundred day moving average price is $24.00. Kimco Realty has a 1 year low of $19.76 and a 1 year high of $26.65. The company has a market capitalization of $16.12 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.57 and a beta of 0.95. The company has a debt-to-equity ratio of 0.84, a current ratio of 5.23 and a quick ratio of 5.23.

Kimco Realty (NYSE:KIM) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.26. The firm had revenue of $550.80 million during the quarter, compared to analyst estimates of $543.75 million. Kimco Realty had a net margin of 27.76% and a return on equity of 5.76%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS.

Kimco Realty Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be issued a dividend of $0.28 per share. 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 4.7%. Kimco Realty’s dividend payout ratio is presently 122.35%.

Institutional Trading of Kimco Realty

A number of large investors have recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT increased its stake in shares of Kimco Realty by 270.4% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,049 shares during the last quarter. Root Financial Partners LLC lifted its stake in Kimco Realty by 60.7% in the 1st quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 546 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Kimco Realty in the 2nd quarter valued at about $37,000. MUFG Securities EMEA plc bought a new position in Kimco Realty during the second quarter worth about $42,000. Finally, Clearstead Advisors LLC grew its holdings in Kimco Realty by 92.5% during the fourth quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 1,166 shares during the period. Institutional investors and hedge funds own 89.25% of the company’s stock.

Kimco Realty News Summary

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

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.