Kimco Realty Corporation earnings overview

KIM FY2026 Q1 · Calendar Q2 2026

Kimco Realty Corporation

Kimco Realty's Q1 2026 results reinforced the company's narrative of durable, supply-constrained open-air retail strength. FFO per diluted share grew 4.5% year over year to $0.46, supported by robust leasing activity, minimal credit loss, and a record signed-but-not-open (SNO) pipeline of $77 million in annual base rent. Management raised same-site NOI growth guidance and tightened the full-year FFO range, signaling confidence in near-term cash-flow visibility. The stock's modest post-earnings underperformance relative to the benchmark (approximately 1% abnormal move) contrasts with the subsequent 1.9% drift higher, suggesting the market gradually warmed to the improved outlook. The company continues to execute a disciplined capital-recycling strategy, selling lower-growth ground leases and reinvesting into higher-yielding acquisitions and structured investments, while maintaining a…