39,239 Shares in Kimco Realty Corporation $KIM Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new position in Kimco Realty Corporation (NYSE:KIM) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 39,239 shares of the real estate investment trust’s stock, valued at approximately $995,000.

Other large investors have also bought and sold shares of the company. Sanctuary Advisors LLC purchased a new position in shares of Kimco Realty during the 2nd quarter worth approximately $1,636,000. PEAK6 LLC bought a new stake in shares of Kimco Realty during the second quarter valued at approximately $984,000. Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of Kimco Realty during the second quarter valued at approximately $346,000. Twin Tree Management LP bought a new stake in shares of Kimco Realty during the second quarter valued at approximately $2,146,000. Finally, Bank of Nova Scotia purchased a new stake in Kimco Realty in the second quarter worth $3,079,000. 89.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KIM. Weiss Ratings reiterated a “buy (b)” rating on shares of Kimco Realty in a report on Friday, July 31st. Stifel Nicolaus set a $28.00 target price on shares of Kimco Realty in a research report on Thursday, June 11th. Scotiabank increased their price target on shares of Kimco Realty from $24.00 to $25.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 19th. UBS Group lifted their price target on shares of Kimco Realty from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Barclays lifted their price target on shares of Kimco Realty from $25.00 to $28.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Kimco Realty presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.56.

Kimco Realty Stock Performance

Shares of Kimco Realty stock opened at $23.86 on Friday. The stock has a market cap of $16.00 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 2.56 and a beta of 0.95. The firm’s 50-day moving average is $25.05 and its 200 day moving average is $24.01. Kimco Realty Corporation has a 1 year low of $19.76 and a 1 year high of $26.65. The company has a debt-to-equity ratio of 0.84, a current ratio of 5.23 and a quick ratio of 5.23.

Kimco Realty (NYSE:KIM) last announced its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.46 EPS for the quarter, beating the consensus estimate of $0.20 by $0.26. The company had revenue of $550.80 million for the quarter, compared to the consensus estimate of $543.75 million. Kimco Realty had a net margin of 27.76% and a return on equity of 5.76%. Kimco Realty’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. Sell-side analysts anticipate that Kimco Realty Corporation will post 1.84 EPS for the current fiscal year.

Kimco Realty Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 4.7%. This is an increase from Kimco Realty’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 4th. Kimco Realty’s payout ratio is 131.76%.

Key Headlines Impacting Kimco Realty

Here are the key news stories impacting Kimco Realty this week:

• Positive Sentiment: JPMorgan expects upside: A JPMorgan Chase analyst said Kimco Realty’s stock price is expected to rise, adding a bullish signal for the shopping-center REIT. Kimco Realty Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says
• Positive Sentiment: New $26 price target: Kimco shares gained following coverage highlighting a fresh $26 price target and steady second-quarter performance, suggesting analysts see additional value above recent trading levels. Kimco Realty stock gains on fresh $26 price target and steady Q2 performance
• Positive Sentiment: Near-term and longer-term estimates improved: Zacks Research raised its forecasts for third-quarter 2026 EPS to $0.46 from $0.45, fourth-quarter EPS to $0.46 from $0.45, and full-year 2026 EPS to $1.84 from $1.81. It also lifted its Q2 2027 estimate to $0.48, Q2 2028 to $0.49, and FY2028 to $1.94 from $1.93, indicating modestly better expected operating performance.
• Neutral Sentiment: Forecasts remain close to consensus: Zacks’ $1.84 full-year 2026 estimate matches the current consensus, so the upgrades may already be reflected in expectations rather than representing a major earnings surprise.
• Negative Sentiment: Some estimates were trimmed: Zacks reduced its FY2027 EPS forecast to $1.87 from $1.88 and Q1 2028 EPS to $0.48 from $0.49. The small cuts introduce a modest counterpoint to the broader estimate revisions.

Kimco Realty Profile

Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.

Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.