Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-0.24%
$24.94
0% positive prob.
5-Day Prediction
-1.63%
$24.59
0% positive prob.
20-Day Prediction
-1.69%
$24.58
0% positive prob.
SEC 8-K filings with transcript text
Aug 4, 2026 · 100% conf.
1D
-0.24%
$24.94
Act: -0.52%
5D
-1.63%
$24.59
Act: -3.48%
20D
-1.69%
$24.58
2 kim-ex99_1.htm
Exhibit 99.1
Kimco Realty® Announces Second Quarter 2026 Results
– Strong Leasing Gains Drove Occupancy to All-time Highs –
– Increases Common Dividend 12% Year-over-Year –
– Raises 2026 Outlook –
JERICHO, New York, August 4, 2026 - Kimco Realty® (NYSE: KIM), a real estate investment trust (“REIT”) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today reported results for the second quarter ended June 30, 2026. For the three months ended June 30, 2026 and 2025, Net income available to the company’s common shareholders (“Net income”) per diluted share was $0.22 and $0.23, respectively.
Second Quarter Highlights
• Delivered 4.5% growth in Funds From Operations* ("FFO") per diluted share to $0.46.
• Achieved pro-rata cash rent spreads of 40.4% on comparable new leases.
• Matched all-time high portfolio occupancy of 96.4% and achieved a record small-shop occupancy level of 92.9%.
• Grew same property net operating income* ("NOI") 3.5% year-over-year.
• Completed the sale of The Milton, a 253-unit multifamily building at Pentagon Centre, for $142.3 million.
• Issued $600.0 million 3.50% exchangeable senior notes due 2031.
• Raised the quarterly cash dividend on common shares by 12.0% to $0.28 per share.
"Our operating and financial performance reflect the strength of our platform and the team's disciplined execution throughout the quarter," stated Kimco CEO Conor Flynn. "The combination of limited new shopping center supply, continued consumer demand for the everyday essentials, and strong shopper traffic across our open-air portfolio supported robust leasing activity. Together with our strategic capital allocation activities, we further enhanced our financial flexibility and strengthened our balance sheet. Given our strong cash flow growth this year from the strength of operations, we're raising our common cash dividend by 12%, a quarter ahead of our typical schedule, a reflection of both our higher operating income and confidence in Kimco's long-term outlook. We remain committed to executing our strategy and creating long-term value for our shareholders.”
Financial Results
Net income for the second quarter of 2026 was $145.8 million, or $0.22 per diluted share, compared to $155.4 million, or $0.23 per diluted share, for the second quarter of 2025. The year-over-year change reflects growth in consolidated revenues from rental properties, net, of $25.5 million and increased equity in income of joint ventures, net, of $8.5 million, offset by lower gains on sales of properties of $37.6 million.
FFO was $309.2 million, or $0.46 per diluted share, for the second quarter of 2026, compared to $297.6 million, or $0.44 per diluted share, for the second quarter of 2025. Gains on sales of properties, net of impairments, is excluded from the company's calculation of FFO.
Operating Results
• Executed 461 leases totaling 2.5 million square feet during the second quarter, generating blended pro-rata cash rent spreads of 13.1% on comparable spaces, including 40.4% on new leases, 6.1% on renewals and 8.0% on options.
• Pro-rata leased occupancy increased 10 basis points sequentially and 100 basis points year-over-year to 96.4%.
• Small shop occupancy increased 40 basis points sequentially and 70 basis points year-over-year to a record 92.9%.
* Reconciliations of non-GAAP measures to the most directly comparable GAAP measure are provided in the tables accompanying this press release.
i
500 North Broadway, Suite 201 | Jericho, NY 11753 | (833) 800-4343 kimcorealty.com
• Maintained strong pro-rata anchor occupancy, which increased 110 basis points year-over-year to 97.8%.
• Generated 3.5% growth in same property NOI during the second quarter compared to the same period a year ago, driven by a 2.6% increase in minimum rents. Credit loss, as a percentage of total pro-rata rental revenues, was 57 basis points during the second quarter.
• The spread between the company's pro-rata leased versus economic occupancy rates was 400 basis points, a 10 basis point sequential compression, representing $75 million in future rents from signed leases that have not yet commenced.
Transactional Activities
• Sold The Milton, a 253-unit multifamily building at the company's Pentagon Centre mixed-use property in Pentagon City, Virginia, for $142.3 million, marking Kimco's first multifamily asset disposition. The cap rate on this transaction was approximately 4.9%, and the company's pro-rata share of the sales price was $78.2 million.
• Sold Shoppes at Bears Path, a shopping center totaling 44,000 square feet in Tucson, Arizona, for $7.8 million. The proceeds are intended to be utilized in a future 1031 exchange.
Subsequent to quarter end:
• Completed the sale of four Costco-anchored assets comprising two entire shopping center prope
Apr 30, 2026
2 kim-ex99_1.htm
Exhibit 99.1
Kimco Realty® Announces First Quarter 2026 Results
– Leased 4.4 Million Square Feet with New Lease Spreads of 24% –
– Record $77 Million in Future ABR from Leased-to-Economic Occupancy Spread –
– Updates 2026 Outlook –
JERICHO, New York, April 30, 2026 - Kimco Realty® (NYSE: KIM), a real estate investment trust (“REIT”) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today reported results for the first quarter ended March 31, 2026. For the three months ended March 31, 2026 and 2025, Net income available to the company’s common shareholders (“Net income”) per diluted share was $0.23 and $0.18, respectively.
First Quarter Highlights
• Produced 4.5% growth in Funds From Operations* (“FFO”) per diluted share to $0.46.
• Generated blended pro-rata cash rent spreads of 11.3% on comparable leases.
• Achieved record leased-to-economic occupancy spread of 410 basis points, representing a $77 million, or a 28%, year-over-year increase in future Annual Base Rent (“ABR”).
• Completed the sale of two ground‑leased parcels totaling $47.1 million and deployed $37.9 million into new structured investments, net of repayments.
• Completed $106 million preferred equity mixed-use development at Coulter Place, a 131-unit multifamily project complementing 400,000-square-foot premier lifestyle center at Suburban Square in Ardmore, Pennsylvania.
"Our solid first quarter results, highlighted by strong leasing activity, rent commencements, and tenant credit profiles, continue to validate our strategy and underscore the power of the Kimco platform, the quality of our portfolio, the resilient demand for our product and the ability to generate durable cash flow,” said Kimco CEO Conor Flynn. “With a significant signed-not-opened pipeline set to come online over the coming quarters, we have a clear line of sight to meaningful organic growth. Combining our strong balance sheet with a disciplined approach to capital allocation, we remain confident that we will meet our external growth targets and deliver sustained long-term value for our shareholders.”
Financial Results
Net income for the first quarter of 2026 was $157.4 million, or $0.23 per diluted share, compared to $125.1 million, or $0.18 per diluted share, for the first quarter of 2025. This 28% per diluted share increase is primarily attributable to:
• $21.5 million of growth in consolidated revenues from rental properties, net, driven by an increase of $8.3 million in minimum rents and a $6.5 million increase in reimbursement income compared to the prior year period.
• This growth was partially offset by a $5.7 million increase in total operating and maintenance expenses mainly attributable to higher snow removal and landscaping-related services, a $2.9 million increase in real estate tax expense, and $2.5 million in lower lease termination income compared to the prior year period.
• A $15.3 million increase in gains on sales of operating properties, net of non-cash impairments, compared to the first quarter of 2025, primarily due to the sale of a ground leased parcel at Mission Bell shopping center. Gains on sales of operating properties, net of impairments, is excluded from the company’s calculation of FFO.
• A $5.1 million increase in equity in income from other investments, primarily driven by $4.8 million of higher profit participation income, which is excluded from the company’s calculation of FFO.
FFO was $311.3 million, or $0.46 per diluted share, for the first quarter of 2026, compared to $301.9 million, or $0.44 per diluted share, for the first quarter of 2025.
* Reconciliations of non-GAAP measures to the most directly comparable GAAP measure are provided in the tables accompanying this press release.
i
500 North Broadway, Suite 201 | Jericho, NY 11753 | (833) 800-4343 kimcorealty.com
Operating Results
• Signed 4.4 million square feet during the first quarter comprising 576 leases, generating blended pro-rata cash rent spreads on comparable spaces of 11.3%, with new leases up 23.8% and renewals and options growing 12.0% and 7.9%, respectively.
• Increased pro-rata leased occupancy by 50 basis points year-over-year to 96.3% at quarter end.
• Reported pro-rata anchor occupancy of 97.9%, up 50 basis points year-over-year, with pro-rata small shop occupancy of 92.5%, up 80 basis points year-over-year.
• Generated 1.7% growth in same property net operating income* (“NOI”) year-over-year, driven by a 2.2% increase in minimum rents. Credit loss, as a percentage of total pro-rata rental revenues, was 52 basis points during the first quarter.
Transactional Activities
• Sold two ground-leased parcels: Lowe's Home Improvement at Mission Bell Shopping Center in Tampa, Florida for $22.8 million and the Walmart and Sam's Club at Dulles Town Crossing in
Feb 12, 2026
2 kim-ex99_1.htm
Exhibit 99.1
Kimco Realty® Announces Fourth Quarter and Full Year 2025 Results
– Net Income and Funds From Operations Achieve High End of Full Year Outlook –
– Strong Leasing Gains Drive Occupancy to All-time Highs –
– Provides Initial 2026 Outlook –
JERICHO, New York, February 12, 2026 - Kimco Realty® (NYSE: KIM), a real estate investment trust (“REIT”) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today reported results for the fourth quarter and full year ended December 31, 2025. For the three months ended December 31, 2025 and 2024, Net income available to the company’s common shareholders (“Net income”) per diluted share was $0.21 and $0.23, respectively. For the full year 2025 and 2024, Net income per diluted share was $0.82 and $0.55, respectively.
Fourth Quarter & Full Year 2025 Highlights
• Generated 4.8% growth in funds from operations(1) (“FFO”) per diluted share in the fourth quarter of 2025 compared to the prior year period, increasing to $0.44 per diluted share. For the full year, FFO per diluted share increased by 6.7% over the prior year.
• Produced a 3.0% year-over-year increase in same property net operating income(1) (“NOI”) for both the fourth quarter and full year.
• Reported pro-rata portfolio occupancy of 96.4%, matching the company’s all-time high, with pro-rata small shop occupancy reaching a new record level of 92.7%.
• Expanded leased-to-economic occupancy spread to 390 basis points, representing $73 million of Annual Base Rent (“ABR”) for near-term rent commencements from signed leases, each representing new highs.
• Acquired the common member interests in The Shoppes at 82nd Street, a Target-anchored center, through the company’s Structured Investments Program, for $74.0 million.
• Repurchased 3.1 million shares of common stock during the fourth quarter of 2025 at a weighted average price of $19.96 per share, net of fees and commissions.
• Achieved an ‘A3’ unsecured debt rating from Moody’s Ratings, as previously announced, placing Kimco among a select group of REITs with A-level ratings from the three largest ratings agencies.
"Kimco's fourth quarter and full-year results, highlighted by FFO per diluted share growth of 6.7% for the full year 2025, and exceeding 5% for the second consecutive year, validate the quality of our portfolio and platform, demand for our product, and our overall strategy and commitment to generating durable long-term value in any environment,” said Kimco CEO Conor Flynn. “This outperformance, together with our 2026 outlook, strong balance sheet and disciplined capital allocation, positions Kimco to drive further growth and value for our shareholders.”
Financial Results
Fourth Quarter 2025
Net income for the fourth quarter of 2025 was $143.6 million, or $0.21 per diluted share, compared to $154.8 million, or $0.23 per diluted share, for the fourth quarter of 2024. Net income for the fourth quarter of 2025 reflected:
• $17.0 million of higher consolidated revenues from rental properties, net, driven primarily by $8.9 million of higher minimum rent and $4.7 million of increased benefit from non-cash rent adjustments compared to the prior-year period.
• $18.1 million of higher gains on sales of properties, net of non-cash impairments, compared to the fourth quarter of 2024.
• $46.9 million benefit for income taxes related to the sale of Albertsons Companies Inc. common stock in the fourth quarter of 2024.
(1) Reconciliations of non-GAAP measures to the most directly comparable GAAP measure are provided in the tables accompanying this press release.
i
500 North Broadway, Suite 201 | Jericho, NY 11753 | (833) 800-4343 kimcorealty.com
FFO grew to $294.3 million, or $0.44 per diluted share, for the fourth quarter of 2025, compared to $286.9 million, or $0.42 per diluted share, for the fourth quarter of 2024. The company excludes from FFO all realized or unrealized derivative/marketable securities gains, losses and applicable taxes, as well as gains and losses from the sales of properties, depreciation and amortization related to real estate, profit participation from other investments, and other items considered incidental to the company’s business.
Full Year 2025
Net income grew to $554.4 million, or $0.82 per diluted share, compared to $375.7 million, or $0.55 per diluted share, for the full year 2024.
FFO grew to $1.2 billion, or $1.76 per diluted share, compared to $1.1 billion, or $1.65 per diluted share, for the full year 2024, representing a 6.7% per share increase over the prior year.
Operating Results
• Signed 435 leases totaling 2.7 million square feet during the fourth quarter, generating blended pro-rata cash rent spreads on comparable spaces of 13.8%, with new leases up 29.0% and renewals and options growing 5.9% and 9.2%, respect
This page provides Kimco Realty Corporation (HC) (KIM) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on KIM's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.