Kimco Realty Corporation · KIM-PL · FY2026 Q1 · Calendar Q2 2026

Kimco’s leasing pipeline supports a tighter 2026 outlook

Kimco’s Q1 results and operating indicators support a constructive outlook: strong leasing, a record signed-but-not-open pipeline and balance-sheet capacity underpin the tighter 2026 guidance. Execution, refinancing and credit-loss assumptions remain important watchpoints.

Reported Session unavailableNYSEReal Estate $13.70B market cap
85quality score

Earnings scorecard

Reported versus consensus
Reported EPS $0.23 Consensus $0.19
EPS surprise +19.4% Reported versus consensus
Reported revenue $552.8M Consensus $542.7M
Revenue surprise +1.9% Reported versus consensus

Market reaction

unavailable
Stock move — Event window
SPY move — Same window
Abnormal move — Stock minus SPY
Volume — Versus trailing sessions
Subsequent drift — Up to 20 sessions
Price and volume data were unavailable at publication time.

Ask FN2 about KIM-PL FY2026 Q1

Transcript, numbers and history already loaded

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

Management tightened 2026 FFO and same-site NOI guidance upward. The quarter also highlighted a record signed-but-not-open pipeline, record new-lease rent levels and continued grocery-anchored redevelopment activity.

Guidance delta

Guidance was tightened upward to $1.81–$1.84 per share of 2026 FFO, with same-site NOI growth also revised upward.

Key takeaways

  • Q1 FFO grew 4.5% year over year, with strong occupancy and lease-spread performance.
  • The signed-but-not-open pipeline reached $77 million of annual base rent, providing a visible source of prospective cash flow.
  • New lease rent averaged $29 per square foot, the highest level reported by Kimco.
  • Capital recycling, redevelopment and multifamily activation remain central to the growth plan.

Management priorities

  • Accelerate the signed-but-not-open pipeline toward commencements.
  • Execute grocery-anchored redevelopment and lifestyle leasing projects.
  • Continue capital recycling, including ground-lease dispositions and 1031 exchanges.
  • Pursue selective acquisitions, structured investments and multifamily activations.

Follow KIM-PL with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
KIM-PL REVENUE earnings history estimate and actual scatter chart 10 reported fiscal quarters and 4 future estimate-only quarters. Q2 '24 actual $505M, None Q3 '24 actual $503M, None Q2 '25 estimate $525M Q2 '25 actual $521M, miss Q3 '25 estimate $523M Q3 '25 actual $531M, beat Q4 '25 estimate $537M Q4 '25 actual $538M, beat Q1 '26 estimate $543M Q1 '26 actual $553M, beat Q2 '26 estimate $544M Q2 '26 actual $546M, beat Q3 '26 estimate $549M Q3 '26 actual $540M, miss Q4 '26 estimate $559M Q1 '27 estimate $571M Q2 '27 estimate $575M Q3 '27 estimate $579M
Show 2 more >

Analyst Consensus ?

ConsensusHold26 ratings
Bullish1246.2%
Neutral1453.8%
Bearish00.0%

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Truist Securities Hold HoldMaintainOct 16, 2023
Stifel Buy BuyMaintainOct 2, 2023
Wells Fargo Equal Weight UnderweightUpgradeSep 19, 2023
Mizuho Buy NeutralUpgradeSep 17, 2023
Compass Point Buy NeutralUpgradeAug 28, 2023
Show 21 more rating actions

Track every rating change on KIM-PL the moment it posts. Free to start.

Start free

Company context

Snapshot as of publication

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.

Historical context

All KIM-PL earnings

Real Estate peers this season

Latest reports in the same sector

Latest beats and misses

Who reports next

Get the KIM-PL recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
  3. Polygon adjusted daily market bars

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-11-01. For educational purposes only; not investment advice.