Kimco Realty rises on upbeat annual forecasts

Kimco Realty

12/02/2026 17:42

** Shares of grocery-anchored real estate investment trust Kimco Realty KIM.N rise as much as 3.9% to $22.85

** Co forecast fiscal 2026 funds from operations and net income above expectations on resilient leasing demand for its grocery-anchored shopping centers

** Sees annual FFO per share of $1.80 to $1.84, vs. analysts' estimates of $1.80, and net income per share between 80 cents and 84 cents, vs. estimates of 75 cents — data compiled by LSEG

** Q4 revenue of $542.5 million beat estimates of $536.7 million, while FFO of 44 cents per share met estimates

** Shares fell 13.5% in 2025

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com))