Are Wall Street Analysts Bullish on Kimco Realty Stock?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2025
0mins
Source: NASDAQ.COM
Company Overview: Kimco Realty Corporation, a REIT based in Jericho, New York, specializes in open-air, grocery-anchored shopping centers and has underperformed the market with an 8.5% stock increase over the past year compared to the S&P 500's 10.2% gains.
Financial Performance: Following strong Q1 results, KIM stock rose 4.9%, with revenues up 6.5% year-over-year and funds from operations (FFO) per share surpassing estimates; analysts maintain a "Moderate Buy" rating with a price target suggesting potential upside.
Analyst Views on KIM
Wall Street analysts forecast KIM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KIM is 23.96 USD with a low forecast of 21.00 USD and a high forecast of 27.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
5 Buy
10 Hold
0 Sell
Moderate Buy
Current: 20.760
Low
21.00
Averages
23.96
High
27.00
Current: 20.760
Low
21.00
Averages
23.96
High
27.00
About KIM
Kimco Realty Corporation is a real estate investment trust (REIT) and owner and operator of open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The Company's portfolio is primarily concentrated in the first-ring suburbs of the major metropolitan markets, including high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. It specializes in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities. Its properties & leasing services include finding available space, signature series, re/development, specialty leasing, leasing programs, acquisitions & dispositions, and preferred equity & mezzanine financing. The Company has interests in approximately 568 United States shopping center properties, aggregating 101 million square feet of gross leasable area, located in 30 states.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
