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XStocksXray
Research report · 16 October 2026

Kimco Realty Corp (KIM)

Real Estate · Retail REITs · US stock · price as of 16 Oct 2026

Key indicators

Price$22.91
52-week range$18.96 – $26.34
Market cap$15.4B
P/E (trailing)26.8×
EV / EBITDA10.4×
Free-cash-flow yield7.7%
Dividend yield4.6%
Revenue (last 12 months)$2.2B
Revenue growth (3y a year)7.4%
Operating margin36.0%
Return on invested capital7.3%
Net debt / EBITDA–

Fair value

Fair value is not shown for this company.

X-Ray Score

64/ 100 · Low confidence · ahead of 86% of sector peers
Valuation85
Growth57
Profitability54
Financial health64
Dividends53

Five-year price chart navy: price · brown: 200-day average · blue band: fair value range

13.4916.8120.1323.4626.782021-102023-012024-042025-072026-10

Executive summary

Kimco Realty is a real estate investment trust that owns and manages open-air shopping centers and mixed-use properties, many of them anchored by grocery stores, in major metropolitan areas of the United States. Its tenants include supermarkets, off-price retailers, restaurants and service businesses. The company earns revenue mainly from rent and recoveries of property costs, and it also develops and redevelops sites to add residential or retail space.

Revenue of $2.2 billion was recorded for the latest twelve months; sales grew 7.4% a year over the past three years. Kimco Realty Corp converts that into an operating margin of 36.0%. Return on invested capital comes to 7%.

StocksXray gives Kimco Realty Corp an X-Ray Score of 64 out of 100 (low confidence), ahead of 86% of the S&P 500 stocks in its sector. Its strongest lens is valuation (85) and its weakest is dividends (53).

stocksxray.com · page 1
XStocksXray
Kimco Realty Corp (KIM)

Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months

FY2021FY2022FY2023FY2024FY2025Now
Price$19.85$17.71$18.78$21.60$19.60$22.91
Market cap$10.2B$10.9B$11.6B$14.5B$13.2B$15.4B
P/E–––––26.8×
EV / revenue12.5×10.2×10.2×10.8×9.8×6.8×
EV / EBITDA20.8×16.5×15.9×17.8×14.9×10.6×
Price / free cash flow16.4×12.7×10.8×14.4×12.0×13.1×
Free-cash-flow yield6.1%7.9%9.2%6.9%8.3%7.7%
Price / book1.0×1.1×1.2×1.4×1.3×1.5×
Dividend yield3.43%4.74%5.43%4.49%5.15%4.63%

Fundamentals checklist ● 3 Good · ● 4 Average · ● 1 Bad · each check graded against the sector

Cash quality

Earnings backed by cash−3.0%Average

Risk models

Piotroski F-Score8 of 9Good

Growth

Revenue growth (3y)7.4%Average
Growth consistency100%Good

Balance sheet

Interest cover2.3×Bad

Valuation

EBIT / EV yield5.3%Good

Profitability

Return on invested capital7.3%Average
Operating margin36.0%Average
stocksxray.com · page 2
XStocksXray
Kimco Realty Corp (KIM)

Financials US$ millions, from SEC filings; last column is the last twelve months

Income statementFY21FY22FY23FY24FY25LTM
Revenue1,3651,7281,7832,0372,1402,187
Gross profit––––––
Operating income424565639629771788
Net income819101629376554577
Diluted EPS ($)–––––0.86
Free cash flow6198611,0721,0061,1021,179
Gross margin––––––
Operating margin31.1%32.7%35.8%30.9%36.0%36.0%
Net margin60.0%5.8%35.3%18.4%25.9%26.4%
Balance sheetFY21FY22FY23FY24FY25LTM
Total assets18,45917,82618,27420,31019,68820,031
Cash326147781689212699
Total debt7,0276,7817,2637,9657,719–
Equity9,8999,5169,52510,65310,39210,266
Dividend per share ($)0.680.841.020.971.011.03

Revenue and net income US$ billions: navy revenue, teal net income

FY21FY22FY23FY24FY25

Margins blue gross, teal operating, brown net

0%20%40%60%FY21FY22FY23FY24FY25

Latest quarters

Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ($M)537525536542558551
Growth vs a year earlier+6.5%+5.0%+5.6%+3.2%+4.0%+4.9%
Net income ($M)133163138121165153
Diluted EPS ($)––––––
stocksxray.com · page 3
XStocksXray
Kimco Realty Corp (KIM)

Peers in Retail REITs

CompanyX-Ray
KIM · Kimco Realty Corp64
FRT · Federal Realty Investment...65
O · Realty Income Corp49
SPG · Simon Property Group Inc.47

Market Compass outlook for Real Estate: Unfavourable (20/100). It blends regime history, macro sensitivity, momentum and valuation.

Returns

1 week+3.4%
1 month+1.5%
3 months−11.0%
6 months−3.1%
1 year+10.6%
3 years+51.8%
5 years+32.0%

Technical summary

DailyBearish6 bullish · 1 neutral · 9 bearish
WeeklyNeutral5 bullish · 1 neutral · 6 bearish
MonthlyStrongly bullish6 bullish · 1 neutral · 1 bearish
50-day / 200-day average$23.09 / $22.96
52-week low / high$18.96 / $26.34
Classic pivot, support and resistanceS2 22.51 · S1 22.71 · P – · R1 23.09 · R2 23.27

Recent dividends

Ex-dividend dateAmount per share
4 Sep 2026$0.2800
5 Jun 2026$0.2600
6 Mar 2026$0.2600
5 Dec 2025$0.2600
5 Sep 2025$0.2500
6 Jun 2025$0.2500
stocksxray.com · page 4
XStocksXray
Kimco Realty Corp (KIM)

Strengths

  • Piotroski F-Score of 8 out of 9: most of the nine accounting health tests pass.
  • Has raised its dividend for 5 years in a row.

Risks and weak spots

  • Interest cover is weak against Real Estate peers (2.3×).

Latest SEC filings

DateFormItems
4 Aug 202610-Q
4 Aug 20268-K2.02,9.01
15 Jun 20268-K1.01,2.03,3.02,9.01
11 Jun 20268-K8.01,9.01
22 May 20268-K5.07
30 Apr 202610-Q
30 Apr 20268-K2.02,9.01
8 Apr 2026DEF 14A

How to read this report

Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.

stocksxray.com · page 5 · generated 19 Oct 2026