Skip to main content

Kimco Realty Corporation

Exchange: NYSESector: Real EstateIndustry: REIT - Retail

Kimco Realty® is 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. The company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of June 30, 2025, the company owned interests in 566 U.S. shopping centers and mixed-use assets comprising 101 million square feet of gross leasable space. SOURCE Bozzuto

Did you know?

Pays a 4.53% dividend yield.

Current Price

$23.38

-1.10%

GoodMoat Value

$18.10

22.6% overvalued
Profile
Valuation (TTM)
Market Cap$15.76B
P/E26.86
EV$23.47B
P/B1.52
Shares Out674.07M
P/Sales7.29
Revenue$2.16B
EV/EBITDA15.17

Kimco Realty Corporation (KIM) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Kimco Realty is a retail-focused REIT owning and operating open-air shopping centers. While it generates stable cash flow and pays a 4.71% dividend, its low Moat Score and modest growth present challenges for a classic value investor seeking durable competitive advantages and high returns on capital.

Read full analysis
Kimco Realty Corporation (KIM) is a Real Estate Investment Trust (REIT) that owns, develops, and manages a portfolio of open-air, grocery-anchored shopping centers. Its primary customers are retail tenants, ranging from large national chains like grocery stores to local businesses, who pay rent to occupy space in its properties. The company's business model is to generate rental income, manage property expenses, and use the resulting cash flow to pay dividends to shareholders, fund new acquisitions, and redevelop existing properties. From a moat perspective, using the GoodMoat framework, Kimco likely scores low. It may demonstrate some 'Scale Privilege' through its large portfolio, and its properties in prime locations could offer a form of 'Niche Dominance' for essential retail. However, it lacks the high-switching costs, proprietary technology, or powerful network effects that create durable competitive advantages. The retail real estate sector is highly competitive with many players. Key risks, aligned with Section 5 (Red Flags), include 'Macro Sensitivity' as retail spending is cyclical, and 'Execution Risk' in managing redevelopments and tenant vacancies. The provided data shows modest revenue growth of 3.2% YoY and a Return on Equity (ROE) of 5.6%, which is below the high-return threshold sought in the framework. A value investor might be interested in the 4.71% dividend yield and the potential for asset value realization. However, caution is warranted given the GoodMoat Target price of $18.10, which is below the current $22.41, suggesting the valuation may be unfavourable when assessed through a value lens focused on margin of safety. Analysis based on data as of 2024-05-15.

KIM Company Information

Kimco Realty® is 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.

The company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities.

Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week.

Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years.

With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of June 30, 2025, the company owned interests in 566 U. S.

shopping centers and mixed-use assets comprising 101 million square feet of gross leasable space.

Sector

Real Estate

Industry

REIT - Retail

Exchange

NYSE

Country

New York, USA

KIM Key Officers

Key officers data coming soon

KIM Company Profile

Kimco Realty Corporation (KIM) is a Real Estate company in the REIT - Retail industry. It trades on NYSE. The company is based in New York, USA.

Kimco Realty® is 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. The company's portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of June 30, 2025, the company owned interests in 566 U.S. shopping centers and mixed-use assets comprising 101 million square feet of gross leasable space. SOURCE Bozzuto

Market cap is $15.76B. There are 674.1M shares outstanding. Dividend yield is 4.53%.

See the full Kimco Realty Corporation profile on GoodMoat. It covers key officers, financial metrics, and sector details. You can also use GoodMoat's DCF calculator, fair value models, and quality score to help decide if KIM is a good investment.