Kimco Realty (KIM)
NYSEReal EstateReit - RetailSnapshot 2026-07-07
$25.29+0.96%
Close 2026-07-07 · 1-day change
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Track KIM free→Kimco Realty grows FFO per share to about $0.46 next quarter. It leases more space, 4.4 million square feet in Q1. Dividends rose to $0.26 per share, showing steady payouts. The company keeps strong fundamentals and low refinancing risk.
Kimco faces pressure if leasing activity slows or FFO growth stalls. Dividend cuts would hurt income investors. Rising interest rates could increase refinancing costs and reduce cash flow.
The price is about 24% above our fair value near $20. Analysts expect 3.6% revenue growth, which we agree with. Our fair value is below the Street median, so the market is somewhat stretched.
Breaks if: Dividend per share falls below $0.25 next quarter
Commitment to maintaining and slightly increasing the dividend per share to provide shareholder returns.
Stated in 3 of last 3 quarters. Dividend per share increased to $0.26 in 2026-Q1 from $0.25 in 2025-Q3, reflecting a 4.0% increase over the prior year. The company is delivering on its commitment to maintain and slightly increase dividends, providing consistent shareholder returns.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Board declared a cash dividend of $0.26 per common share, a 4.0% increase.”
“Declared a cash dividend of $0.26 per common share.”
“Declared a cash dividend of $0.25 per common share.”
Breaks if: FFO per share falls below $0.44 next quarter
Focus on growing Funds From Operations per diluted share to enhance shareholder value.
Stated in 4 of last 4 quarters. FFO per diluted share increased to $0.46 in 2026-Q1 from $0.44 in 2025-Q4, showing consistent growth. The trajectory is delivering on management's stated priority to enhance shareholder value through increased FFO.
“Produced 4.5% growth in Funds From Operations per diluted share to $0.46.”
“Generated 4.8% growth in funds from operations per diluted share in the fourth quarter.”
“FFO per diluted share increased by 6.7% over the prior year.”
“FFO per diluted share increased by 6.7% over the prior year.”
Breaks if: Leased space falls below 2.7 million square feet next quarter
Focus on increasing leasing activity to drive occupancy and rental income.
Stated in 2 of last 2 quarters. Leased 4.4 million square feet in 2026-Q1, up from 2.7 million in 2025-Q4, with cash rent spreads of 11.3%. The company is delivering on its priority to enhance leasing activity, driving occupancy and rental income growth.
“Signed 4.4 million square feet during the first quarter, generating cash rent spreads of 11.3%.”
“Signed 435 leases totaling 2.7 million square feet during the fourth quarter.”