9 stories mentioning KIMUpdated 12d ago
Every FINWIRES story that references KIM, newest first.
Kimco Realty (KIM) has an average rating of overweight and mean price target of $25.54, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $25.76, Change: $+0.38, Percent Change: +1.50%
Kimco Realty (KIM) is being sued by Drip Coffee, which accuses the developer of open-air shopping centers of "systemic fraudulent business practices," the coffee brand said Monday.Drip Coffee alleged Kimco Realty signs multi-year leases with tenants while simultaneously planning to evict those tenants at a later date to make room for larger retailers.The lawsuit alleges Drip Coffee was used as a "pawn" to provide short-term rent to Kimco, while it was planning a redevelopment and demolition project of more than 100,000 square feet of the shopping center. Drip Coffee alleges Kimco committed fraud by soliciting leases they knew they could not fulfill."Kimco business practices have the company enter into agreements the company has no intention of keeping," Drip Coffee president Taylor Schear said. "Their practices are driven by greed despite the businesses and jobs destroyed, and the loss of the revenue and investments for the businesses that enter into contracts with Kimco in good faith."Kimco Realty didn't immediately respond to a request for comment from.Price: $23.41, Change: $+0.41, Percent Change: +1.78%
Kimco Realty (KIM) has an average rating of overweight and mean price target of $25.08, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $23.46, Change: $-0.03, Percent Change: -0.11%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target by $1 to $27, on a forward P/FFO of 14.4x our 2026 FFO estimate, a premium to its 12.6x three-year P/FFO average and in line with the retail peer average (14.8x). We increase our 2026 FFO estimate by $0.02 to $1.87 and increase 2027 by $0.02 to $1.93. New lease rental growth continued to be a strong point at 23.8% in Q1, emphasizing how in-demand KIM's properties currently are. This new lease growth has driven the signed-not-opened pipeline to a record $77M. Management commented that the tenant credit profile is as strong as they can remember, a testament to KIM's work in selecting tenants less exposed to e-commerce competition in recent years. We continue to see KIM recycling low-growth assets and ground leases with proceeds used in 1031 exchange acquisitions. 2026 debt maturities are elevated, with $800M in refinancings expected in 2H 2026 at 100-125 bps higher rates, in our view.
Kimco Realty (KIM) has an average rating of overweight and mean price target of $25.08, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $23.48, Change: $-0.16, Percent Change: -0.70%
Kimco Realty (KIM) has an average rating of overweight and mean price target of $25.08, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $23.48, Change: $-0.16, Percent Change: -0.70%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:KIM reported Q1 revenue of $558M (+4.0% Y/Y), with rental revenue of $553M beating consensus estimates by $11M. Same property revenue increased 2.9% to $569M while same property NOI grew 1.7% to $402M, though operating and maintenance expenses (+6.3%) and general and administrative expenses (+8.1%) created meaningful headwinds to further NOI growth expansion. The company demonstrated strong leasing momentum, signing 576 leases totaling 4.4M square feet (+63% Q/Q from 2.7M), with rent spreads on comparable spaces up 11.3%, including new leases at +23.8% and renewals at +12.0%. Management raised FY 2026 same-property NOI growth guidance to 2.8%-3.5%, representing a 30 basis point increase at the bottom end of the range. The leased-to-economic occupancy spread expanded to 410 basis points, representing $77M of annual base rent from signed leases awaiting commencement, providing strong visibility into near-term rental income growth as these committed leases commence operations over the coming quarters.
Kimco Realty (KIM) has an average rating of overweight and mean price target of $24.99, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $24.06, Change: $+0.17, Percent Change: +0.72%
Kimco Realty (KIM) has an average rating of overweight and mean price target of $24.96, according to analysts polled by FactSet.Price: $23.50, Change: $-0.11, Percent Change: -0.44%
