Kimco Realty Corporation (KIM)

In the past six months, Kimco Realty exceeded market expectations for second-quarter revenue and raised its forecast for annual funds from operations, driven by steady leasing demand. Kimco reported its third-quarter 2025 results, producing FFO of $0.44 per diluted share and growing pro-rata portfolio occupancy to 95.7%. The company also announced a 4% increase to its quarterly cash dividend on common shares and raised its 2025 outlook range. Mizuho lowered Kimco Realty's price target to $21 from $23, while UBS Group decreased its target price to $26 from $30. Morgan Stanley raised its price target to $23.50 from $22. As of January 13, 2026, Kimco Realty had a consensus rating of "Moderate Buy" from thirteen analysts, with an average 12-month price target of $24.19. The stock price as of January 2, 2026, was $20.06 per share, representing a decline of 10.21% from January 6, 2025.

Demand for Kimco Realty's products and services is generally stable due to its strategic focus on necessity-based retail. The tenant mix drives multiple shopping trips per week, suggesting less susceptibility to significant seasonal fluctuations. The company benefits from favorable supply-demand dynamics in the commercial real estate sector, characterized by low new supply in shopping centers and strong retailer demand. Kimco's occupancy rates consistently outperform the industry average, indicating sustained demand for its properties throughout the year.

Kimco Realty Corporation is a real estate investment trust specializing in the ownership, management, and operation of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties across the United States. The company operates within the real estate sector, specifically the retail REIT industry, focusing on providing essential goods and services to local communities. As of September 30, 2025, Kimco owned interests in 564 U.S. shopping centers and mixed-use assets, encompassing approximately 100 million square feet of gross leasable space.

Kimco Realty's portfolio is strategically concentrated in high-barrier-to-entry, high-growth coastal and Sun Belt metropolitan markets within the contiguous United States and Puerto Rico. Key metropolitan areas where Kimco has a significant presence include Los Angeles, New York, Seattle, and Miami. This geographic strategy aims to provide resilience against broader economic volatility.

Kimco Realty has a strong brand reputation, recognized as an industry leader in corporate responsibility and ESG issues. The company has received an 'A-' credit rating from S&P Global Ratings and an 'A3' credit rating from Moody's, indicating strong financial health and resilience. Kimco has also been recognized as a "Best Workplace" in Real Estate, New York, and for Millennials. Its consistent outperformance of the industry average in occupancy rates, standing above 95.8%, further contributes to its strong reputation.

Kimco Realty's stock ownership is a mix of institutional, retail, and individual investors. Approximately 60.39% of the company's stock is owned by Institutional Investors, 2.26% by Insiders, and 37.34% by Public Companies and Individual Investors. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., State Street Corp, Cohen & Steers, Inc., Fmr Llc, Jpmorgan Chase & Co, and Geode Capital Management, Llc. Significant individual owners (insiders) include Milton Cooper and Martin S. Kimmel.