Brokerages Set Kimco Realty Corporation (NYSE:KIM) Price Target at $26.12

Shares of Kimco Realty Corporation (NYSE:KIM) have earned a consensus recommendation of “Moderate Buy” from the seventeen analysts that are currently covering the firm, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $26.1176.

A number of brokerages have commented on KIM. Raymond James Financial reiterated a “strong-buy” rating and issued a $29.00 price objective on shares of Kimco Realty in a report on Monday, June 29th. Morgan Stanley raised their target price on Kimco Realty from $23.50 to $24.00 and gave the company an “equal weight” rating in a research note on Thursday, April 16th. Scotiabank lifted their target price on Kimco Realty from $24.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Truist Financial boosted their price target on Kimco Realty from $23.00 to $25.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Finally, Barclays lifted their price objective on Kimco Realty from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th.

More Kimco Realty News

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

• Positive Sentiment: Kimco reported second-quarter revenue of $550.8 million, up 4.9% year over year and above analyst estimates. Funds from operations (FFO) increased to $0.46 per share from $0.44, matching consensus expectations. Kimco Realty Announces Second Quarter 2026 Results
• Positive Sentiment: Strong leasing activity lifted portfolio occupancy to a record 96.4%. Kimco executed 461 leases covering 2.5 million square feet, supporting rent growth and future operating performance. Kimco Q2 FFO Meet Estimates as Leasing Gains Lift Occupancy
• Positive Sentiment: Management raised its 2026 outlook for net income and FFO and provided EPS guidance of $1.83 to $1.84, with $2.7 billion of immediate liquidity. The board also increased the quarterly dividend to $0.28 per share, representing an approximately 4.5% annualized yield. Kimco Realty Q2 2026 Earnings Conference Call
• Neutral Sentiment: Kimco generated $309.2 million in quarterly FFO and sold two properties for proceeds totaling about $150 million, actions that support liquidity but do not materially change the near-term operating outlook. Kimco Realty Q2 Net Income Falls
• Negative Sentiment: Despite the earnings and guidance improvements, same-property net operating income grew only 3.5%, which investors viewed as mediocre for a REIT with strong occupancy. Net income available to common shareholders also declined to $145.8 million, or $0.22 per share, from $155.4 million, or $0.23, a year earlier. This muted the positive earnings impact and contributed to the stock’s decline. Kimco Realty Slips Despite Strong Q2

Kimco Realty Trading Down 0.9%

NYSE KIM opened at $24.77 on Friday. The stock has a market cap of $16.71 billion, a P/E ratio of 29.15, a PEG ratio of 2.75 and a beta of 0.95. The company’s fifty day simple moving average is $25.18 and its 200-day simple moving average is $23.65. The company has a current ratio of 5.23, a quick ratio of 3.78 and a debt-to-equity ratio of 0.84. Kimco Realty has a 52 week low of $19.76 and a 52 week high of $26.65.

Kimco Realty Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be issued a $0.28 dividend. This is a boost from Kimco Realty’s previous quarterly dividend of $0.26. This represents a $1.12 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, September 4th. Kimco Realty’s dividend payout ratio is currently 120.93%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. M&T Bank Corp grew its position in shares of Kimco Realty by 4,368.2% during the 4th quarter. M&T Bank Corp now owns 791,494 shares of the real estate investment trust’s stock valued at $16,044,000 after buying an additional 773,780 shares during the last quarter. Runnymede Capital Advisors Inc. bought a new position in Kimco Realty in the fourth quarter worth about $900,000. Geode Capital Management LLC boosted its stake in Kimco Realty by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 19,141,842 shares of the real estate investment trust’s stock valued at $386,617,000 after acquiring an additional 223,936 shares during the period. Legal & General Group Plc boosted its stake in Kimco Realty by 7.5% in the fourth quarter. Legal & General Group Plc now owns 6,323,989 shares of the real estate investment trust’s stock valued at $128,187,000 after acquiring an additional 443,046 shares during the period. Finally, Strs Ohio grew its holdings in shares of Kimco Realty by 566.3% during the first quarter. Strs Ohio now owns 722,282 shares of the real estate investment trust’s stock valued at $16,230,000 after purchasing an additional 613,876 shares during the last quarter. 89.25% of the stock is owned by institutional investors and hedge funds.

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.