Kimco Raises FY26 Outlook After Q2 FFO Beats, Revenue Climbs
KIM sits 29% above its 52-week low of $19.76.
Summary
Kimco Realty reported Q2 FFO of $0.46 per share, up from $0.44 a year ago, on revenue of $550.8M, beating the prior year's $525.2M. Net income dipped slightly to $145.8M from $155.4M, but the company raised its full-year 2026 net income guidance to $1.00-$1.03 per share from $0.83-$0.87, and tightened FFO guidance to $1.83-$1.84 from $1.81-$1.84. The raised outlook signals management confidence in sustained property-level performance and leasing demand. The stock is trading near its 52-week high, reflecting strong operational momentum.
At the time of this announcement, KIM was trading at $25.42 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $17.1B. The 52-week trading range was $19.76 to $26.65. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.