KIMCO REALTY CORP (KIM)
Kimco Realty is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of June 30, 2026, the company owned interests in 564 U.S. shopping centers and mixed-use assets comprising 100 million square feet of gross leasable space. Kimco Realty Corporation was incorporated in 1958 in Maryland and is based in Jericho, New York.
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- KIM
- SEC CIK
- 0000879101
- Sector
- Real Estate
- Industry
- Retail REITs
- Periods
- FY2025 Q1, FY2025 Q4, FY2026, FY2026 Q1, FY2026 Q2, FY2026 Q3, FY2027
- Headquarters
- Jericho, NY
- Employees
- 710
Key figures
- Revenue 558.02M USD
- NetIncome 157.40M USD
- DilutedEPS 0.23 USD/share
Reported figures
- BasicSharesOutstanding 671,826,000.00 shares
- BasicSharesOutstanding 677,074,000.00 shares
- CapitalExpenditure 63.44M USD
- CashAndEquivalents 169.60M USD
- CashAndEquivalents 212.79M USD
- DilutedEPS 0.18 USD/share
- DilutedEPS 0.23 USD/share
- DividendPerShare 0.26 USD/share
- FreeCashFlow 242.99M USD
- GeneralAndAdministrativeExpense 34.39M USD
- GeneralAndAdministrativeExpense 37.19M USD
- GrossProfit 385.80M USD
- InterestExpense -80.38M USD
- InterestExpense -83.12M USD
- NetIncome 125.10M USD
- NetIncome 157.40M USD
- OperatingExpenses 357.03M USD
- OperatingExpenses 365.95M USD
- OperatingIncome 180.48M USD
- OperatingIncome 207.77M USD
- OtherMetric 0.44 USD/share
- OtherMetric 0.46 USD/share
- OtherMetric 301.90M USD
- OtherMetric 311.30M USD
- OtherMetric 395.70M USD
- OtherMetric 402.26M USD
- OtherMetric 531.29M USD
- OtherMetric 552.81M USD
- Revenue 536.62M USD
- Revenue 558.02M USD
- SellingGeneralAndAdministrativeExpense 37.19M USD
- SharesOutstanding 672,771,000.00 shares
- SharesOutstanding 677,299,000.00 shares
Guidance
- DilutedEPS guidance 0.83–0.87 USD/share
- OtherMetric guidance 1.81–1.84 USD/share
Drivers
- $15.3 million increase in gains on sales of operating properties, net of non-cash impairme
- $2.5 million in lower lease termination income compared to the prior year period
- $2.9 million increase in real estate tax expense
- $21.5 million of growth in consolidated revenues from rental properties, net, driven by an
- $5.1 million increase in equity in income from other investments, primarily driven by $4.8
- $5.7 million increase in total operating and maintenance expenses mainly attributable to h
- 1.7% growth in same property net operating income year-over-year, driven by a 2.2% increas
- Blended pro-rata cash rent spreads of 11.3% on comparable leases, with new leases up 23.8%
- Increased pro-rata leased occupancy by 50 basis points year-over-year to 96.3% at quarter
- Pro-rata anchor occupancy of 97.9%, up 50 basis points year-over-year
- Pro-rata small shop occupancy of 92.5%, up 80 basis points year-over-year
- Record leased-to-economic occupancy spread of 410 basis points, representing a $77 million
- Strong leasing activity with 4.4 million square feet signed during the first quarter compr
Corporate events
- Board of directors declared a cash dividend of $0.26 per common share (equivalent to $1.04
- Completed reverse 1031 exchange toward the December 2025 acquisition of the common member
- Repurchased 23,103 shares of common stock during the first quarter of 2026 at a weighted a
- Sold two ground-leased parcels: Lowe's Home Improvement at Mission Bell Shopping Center in