Kimco Realty (KIM) rose 1.1% following several company announcements and analyst actions. The company reported higher revenue and full-year net income for 2025, provided 2026 net income guidance of $0.80 to $0.84 per common share, and raised its common dividend by 4.0%. The company completed a $195.58 million share repurchase program and affirmed quarterly preferred dividends. Kimco also announced plans to dispose of $300 million to $500 million in assets and projected FFO growth of 2.3% to 4.5% for 2026, citing strong leasing activity. Additionally, Zacks upgraded Kimco to a Buy rating based on upward earnings estimate revisions. Citigroup increased its price target to $24 from $21 while maintaining a Neutral rating.
Read full analysisKimco Realty (KIM) rose 1.1% following several company announcements and analyst actions. The company reported higher revenue and full-year net income for 2025, provided 2026 net income guidance of $0.80 to $0.84 per common share, and raised its common dividend by 4.0%. The company completed a $195.58 million share repurchase program and affirmed quarterly preferred dividends. Kimco also announced plans to dispose of $300 million to $500 million in assets and projected FFO growth of 2.3% to 4.5% for 2026, citing strong leasing activity. Additionally, Zacks upgraded Kimco to a Buy rating based on upward earnings estimate revisions. Citigroup increased its price target to $24 from $21 while maintaining a Neutral rating.
Kimco Realty is a real estate investment trust that owns and operates open-air, grocery-anchored shopping centers and mixed-use properties across the United States. The company reported record-high occupancy in Q4 2025, raised its dividend 4%, completed a $195.6 million buyback, and outlined $300M–$500M in asset dispositions for 2026 — a combination that has drawn multiple analyst price target increases and a Zacks upgrade to Buy.