KIM
Kimco Realty Corporation20.08
-0.42-2.05%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
13.60BP/E (TTM)
24.19Basic EPS (TTM)
0.83Dividend Yield
0.05%Recent Filings
8-K
Kimco boosts FFO, occupancy
Kimco Realty posted Q3 net income of $0.19 per diluted share, matching last year, while FFO climbed to $0.44 per share on robust leasing. Pro-rata occupancy hit 95.7%, with small shops at a record 92.5%, fueling 1.9% same-property NOI growth and a $71 million rent pipeline. They snagged full control of Tanasbourne Village for $65.9 million pro-rata and hiked the common dividend 4% to $0.26. Raised 2025 FFO outlook to $1.75-$1.76. Strong leasing counters retail headwinds.
10-Q
Q3 FY2025 results
Kimco Realty's Q3 FY2025 results showed rental revenues climbing 5.6% y/y to $531.1M, fueled by leasing gains and acquisitions, while operating income rose 9.3% y/y to $187.2M on tighter costs. Yet, net income dipped slightly to $140.1M from $138.4M y/y, with diluted EPS steady at $0.19; YTD, revenues surged 5.7% to $1.6B and EPS jumped 87.5% to $0.60, driven by $43.5M in property sale gains. Cash from operations hit $861.6M YTD, funding $232M in redevelopments and $144M in buys, but debt repayments and $531M dividends drained liquidity, leaving $160.5M cash against $8.2B total debt. Free cash flow stood at $629.7M YTD (derived). Competition from e-commerce squeezes retail tenants.
10-Q
Q2 FY2025 results
Kimco Realty posted solid Q2 FY2025 results, with revenues from rental properties up 5.0% y/y to $520.9M, driven by leasing gains and acquired assets, while total revenues rose 4.9% y/y to $525.2M. Operating income climbed 28.1% y/y to $205.8M, reflecting higher gains on property sales of $38.9M versus $0.1M last year, though impairment charges increased to $7.6M from $0.2M. Diluted EPS held steady at $0.23, reconciling to 675,079 weighted shares with no anti-dilution noted. Cash from operations hit $529.2M YTD, down from $689.7M year-end, while free cash flow (derived) was $391.0M after $138.2M capex; debt fell to $8.2B with $2.0B revolver fully available. The RPT merger from Jan 2024 added 13.3M sq ft, but competition from e-commerce pressures retail tenants.
8-K
Kimco boosts Q2 FFO, raises outlook
Kimco Realty reported Q2 2025 net income of $0.23 per diluted share, up 35% from $0.17 last year, driven by higher rental revenues and $38.4 million gain from selling a Home Depot-anchored property for $49.5 million. FFO rose 7.3% to $0.44 per share, with same-property NOI up 3.1% and small shop occupancy hitting a record 92.2%, despite minor dips from tenant bankruptcies. The company raised its full-year FFO outlook to $1.73-$1.75, signaling sustained growth. Strong leasing momentum offsets retail risks.
8-K
Kimco issues $500M notes
Kimco Realty OP completed a $500 million public offering of 5.300% notes due 2036 on June 26, 2025, fully guaranteed by Kimco Realty Corporation. The notes fall under an existing indenture with The Bank of New York Mellon as trustee. This bolsters the REIT's capital base for potential property investments. No use of proceeds disclosed.
BRX
Brixmor Property Group Inc.
25.57-0.50
FR
First Industrial Realty Trust,
58.02-0.31
FRT
Federal Realty Investment Trust
100.12-0.79
KRG
Kite Realty Group Trust
23.47-0.15
MAC
Macerich Company (The)
18.30-0.29
NNN
NNN REIT, Inc.
40.06-0.38
O
Realty Income Corporation
57.44-0.64
PECO
Phillips Edison & Company, Inc.
35.31-0.26
REG
Regency Centers Corporation
67.16-1.09
SITC
SITE Centers Corp.
6.31-0.06