KIM Stock Analysis: Kimco Realty | NYSE
REIT - Retail | NYSE, USA | Market Cap: 17.143m USD | 12M Return: 26.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 138M
EPS Trend: 2.0%
Qual. Beats: 0
Rev. Trend: 98.1%
Qual. Beats: 3
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
Kimco Realty Corporation (NYSE: KIM) is a publicly traded real estate investment trust (REIT) that specializes in owning and operating open-air, grocery-anchored shopping centers and mixed-use properties across the United States. The company concentrates its portfolio in first-ring suburbs of major metropolitan markets, including high-barrier-to-entry coastal areas and Sun Belt cities, with a tenant mix centered on essential, necessity-based goods and services. Listed on the NYSE since 1991 and included in the S&P 500, Kimco has been active in shopping center ownership, management, acquisitions, and redevelopment for over 65 years. As of March 31, 2026, the company owned interests in 565 U.S. shopping centers and mixed-use assets totaling 100 million square feet of gross leasable space. Headquartered in Jericho, New York, Kimco was incorporated in 1958 in Maryland.
As a retail REIT, Kimco is required by U.S. tax law to distribute at least 90% of its taxable income annually to shareholders as dividends, a structural feature common to the REIT sector that generally results in higher payout yields compared to non-REIT equities. The grocery-anchored shopping center model has historically been considered one of the more defensive subsectors within retail REITs, as anchor tenants like supermarkets tend to generate steady foot traffic and demonstrate resilience during economic downturns.
- Grocery-anchored occupancy and rent growth drive FFO
- Interest rate cuts boost REIT valuations and lower borrowing costs
- Sun Belt population migration lifts tenant sales and leasing demand
| Net Income: 616.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.65 > 1.0 |
| NWC/Revenue: 15.53% < 20% (prev 30.42%; Δ -14.89% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.14b > Net Income 616.2m |
| Net Debt (8.26b) to EBITDA (1.55b): 5.32 < 3 |
| Current Ratio: 2.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (672.8m) vs 12m ago -0.67% < -2% |
| Gross Margin: 54.71% > 18% (prev 68.70%; Δ -13.99% > 0.5%) |
| Asset Turnover: 11.00% > 50% (prev 10.49%; Δ 0.50% > 0%) |
| Interest Coverage Ratio: 2.28 > 6 (EBIT TTM 934.4m / Interest Expense TTM 410.3m) |
| A: 0.02 (Total Current Assets 590.1m - Total Current Liabilities 254.3m) / Total Assets 19.6b |
| B: -0.03 (Retained Earnings -546.7m / Total Assets 19.6b) |
| C: 0.05 (EBIT TTM 934.4m / Avg Total Assets 19.7b) |
| D: 1.15 (Book Value of Equity 10.4b / Total Liabilities 9.04b) |
| Altman-Z'' = 1.55 = BB |
| DSRI: 1.18 (Receivables 420.4m/340.5m, Revenue 2.16b/2.07b) |
| GMI: 1.26 (GM 68.70% / 54.71%) |
| AQI: 1.02 (AQ_t 0.96 / AQ_t-1 0.95) |
| SGI: 1.04 (Revenue 2.16b / 2.07b) |
| TATA: -0.03 (NI 616.2m - CFO 1.14b) / TA 19.6b) |
| Beneish M = -2.61 (Cap -4..+1) = A |
As of July 01, 2026, the stock is trading at USD 25.35 with a total of 2,820,305 shares traded. Over the past week, the price has changed by +0.64%, over one month by +8.41%, over three months by +14.05% and over the past year by +26.26%.
Current recommended Stop Loss: 24.70 (which is 2.6% or 1.4 ATR below the current price).
Kimco Realty has received a consensus analysts rating of 3.68. Therefore, it is recommended to hold KIM.
- StrongBuy: 7
- Buy: 3
- Hold: 15
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 25.9 | 2.2% |
P/E Trailing = 29.2184
P/E Forward = 34.6021
P/S = 7.931
P/B = 1.6501
P/EG = 3.3685
Revenue TTM = 2.16b USD
EBIT TTM = 934.4m USD
EBITDA TTM = 1.55b USD
Long Term Debt = 8.18b USD (from longTermDebt, last quarter)
Short Term Debt = 855.5m USD (from shortTermDebt, last quarter)
Debt = 8.43b USD (from shortLongTermDebtTotal, last quarter) + Leases 120.3m
Net Debt = 8.26b USD (calculated: Debt 8.43b - CCE 169.6m)
Enterprise Value = 25.4b USD (17.1b + Debt 8.43b - CCE 169.6m)
Interest Coverage Ratio = 2.28 (Ebit TTM 934.4m / Interest Expense TTM 410.3m)
EV/FCF = 30.10x (Enterprise Value 25.4b / FCF TTM 843.7m)
FCF Yield = 3.32% (FCF TTM 843.7m / Enterprise Value 25.4b)
FCF Margin = 39.03% (FCF TTM 843.7m / Revenue TTM 2.16b)
Net Margin = 28.51% (Net Income TTM 616.2m / Revenue TTM 2.16b)
Gross Margin = 54.71% ((Revenue TTM 2.16b - Cost of Revenue TTM 979.0m) / Revenue TTM)
Gross Margin QoQ = 69.14% (prev 11.34%)
Tobins Q-Ratio = 1.30 (Enterprise Value 25.4b / Total Assets 19.6b)
Interest Expense / Debt = 4.87% (Interest Expense 410.3m / Debt 8.43b)
Taxrate = 0.35% (2.09m / 596.1m)
NOPAT = 931.1m (EBIT 934.4m * (1 - 0.35%))
Current Ratio = 2.32 (Total Current Assets 590.1m / Total Current Liabilities 254.3m)
Debt / Equity = 0.81 (Debt 8.43b / totalStockholderEquity, last quarter 10.4b)
Debt / EBITDA = 5.32 (Net Debt 8.26b / EBITDA 1.55b)
Debt / FCF = 9.79 (Net Debt 8.26b / FCF TTM 843.7m)
Total Stockholder Equity = 10.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.13% (Net Income 616.2m / Total Assets 19.6b)
RoE = 5.90% (Net Income TTM 616.2m / Total Stockholder Equity 10.4b)
RoCE = 5.02% (EBIT 934.4m / Capital Employed (Equity 10.4b + L.T.Debt 8.18b))
RoIC = 4.64% (NOPAT 931.1m / Invested Capital 20.1b)
WACC = 6.10% (E(17.1b)/V(25.6b) * Re(6.72%) + D(8.43b)/V(25.6b) * Rd(4.87%) * (1-Tc(0.00)))
Discount Rate = 6.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 49.44 | Cagr: 3.84%
[DCF] Terminal Value 77.97% ; FCFF base≈794.6m ; Y1≈910.8m ; Y5≈1.34b
[DCF] Fair Price = 17.67 (EV 20.2b - Net Debt 8.26b = Equity 11.9b / Shares 674.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 2.05 | EPS CAGR: 0.38% | SUE: 0.21 | # QB: 0
Revenue Correlation: 98.10 | Revenue CAGR: 8.93% | SUE: 1.45 | # QB: 3
EPS next Quarter (2026-09-30): EPS=0.20 | Chg30d=+0.74% | Revisions=+20% | Analysts=5
EPS current Year (2026-12-31): EPS=0.81 | Chg30d=+1.57% | Revisions=+33% | GrowthEPS=+9.1% | GrowthRev=+3.4%
EPS next Year (2027-12-31): EPS=0.87 | Chg30d=+0.93% | Revisions=+20% | GrowthEPS=+6.9% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: +33%