Core Viewpoint - Kimco's performance in 2025 was highlighted as a breakout year, validating its strategic approach and showcasing record operating results despite market volatility [3]. Group 1: Financial Performance - The company achieved record operating performance, supported by a durable earnings profile and strong financial flexibility [3]. - Leasing demand remained robust throughout the year, with over 12 million square feet leased, indicating strong fundamentals [4]. - The fourth quarter recorded the highest new leasing volume in over a decade, reflecting exceptional portfolio performance [4]. Group 2: Strategic Positioning - Kimco's portfolio is strategically located for long-term growth, which has contributed to its strong performance [4]. - The company emphasized disciplined capital allocation as a key factor in its success [4].

Kimco Realty (NYSE: KIM) 2026 Conference Summary Company Overview - **Company**: Kimco Realty - **Event**: 2026 Global Property CEO Conference - **Date**: March 3, 2026 - **Speakers**: Conor Flynn (CEO), Glenn Cohen (CFO), David Bujnicki (Head of IR and Strategy) [1] Key Points Industry and Market Position - **Industry**: Real Estate Investment Trusts (REITs), specifically focused on retail properties - **Market Sentiment**: Despite fluctuating public market sentiment around REITs, Kimco's underlying business fundamentals remain strong [4][6] Financial Performance - **2025 Performance**: - Record operating performance with strong fundamentals and disciplined capital allocation - FFO (Funds From Operations) per share increased nearly 7%, marking the second consecutive year of growth exceeding 5% [4] - Same-store NOI (Net Operating Income) grew 3% due to strong tenant demand and limited new supply [4] - Portfolio occupancy reached an all-time high of 96.4% [3] Leasing and Growth Opportunities - **Leasing Activity**: - Over 12 million sq ft leased in 2025, with the fourth quarter seeing the highest new leasing volume in over 10 years [2][3] - Small shop occupancy reached a record of 92.7%, while anchor occupancy finished at 97.9%, up 90 basis points [3] - The signed but not open pipeline expanded to approximately $73 million of future annual base rent, providing visibility into future NOI and earnings growth [3] Capital Allocation Strategy - **Share Repurchase**: Actively repurchased shares during market dislocations, reflecting confidence in cash flows [4] - **Capital Recycling**: Monetized low-growth assets and redeployed capital into higher growth opportunities, particularly grocery-anchored centers [5] - **Structured Investment Program**: Generated an average unlevered IRR of nearly 12% through mezzanine capital investments [5] Balance Sheet Strength - **Credit Rating**: Achieved A-level credit rating upgrades from S&P and Moody's, placing Kimco among a select group of REITs with high ratings [6] - **Liquidity**: Ended 2025 with over $2 billion in immediate liquidity and a net debt to EBITDA ratio of approximately 5.4% [6] Technological Integration - **AI Deployment**: Transitioned to an asset-centric operating model to enhance efficiency and decision-making, leveraging AI for marketing, leasing, and operational efficiencies [7][11] - **Operational Efficiencies**: Implemented tools to automate lease processing and improve data visibility, significantly reducing manual labor [14] Future Outlook - **Growth Drivers**: - Multiple internal and external growth levers identified, including a strong SNO pipeline and limited new supply in core markets [8] - Anticipated continued earnings growth with a focus on grocery-anchored retail and suburban locations [8] - **Valuation**: Positioned at the bottom of the sector in terms of multiples, presenting a compelling investment opportunity [9] Disposition Program - **2026 Guidance**: Planned disposition of $300 million to $500 million, focusing on low-growth flat ground leases to recycle capital into higher-yielding investments [48] - **Market Trends**: Noted strong buyer appetite for non-income producing assets, with cap rates trending favorably for Kimco's sales [48] Market Dynamics - **Competitive Landscape**: Increased competition in the shopping center space from private equity and institutional investors, but Kimco remains selective in acquisitions [56][57] - **Future Projections**: Anticipated same-store NOI growth for the shopping center sector overall in 2027 is projected at 3.5% [59] Conclusion Kimco Realty is well-positioned for continued growth in the retail REIT sector, supported by strong financial performance, strategic capital allocation, and innovative use of technology. The company’s focus on grocery-anchored properties and disciplined management of its portfolio enhances its resilience and potential for value creation in the coming years.

PresentationAnd so with that, I'll turn it over to Ross. Thanks.Good morning, everybody. Thank you for coming. We're very happy to have Kimco here. We're going to start with Ross Cooper, President and CIO. We're going to do a quick overview, maybe not so quick, about 10 minutes. And then we're going to open it up to Q&A. I've got a list of questions as well. So I want to make this as interactive as possible.Ross CooperPresident, Chief Investment Officer & Director Thanks, R.J. Good morning, and thank you to ...

After reaching an important support level, Kimco Realty Corporation (KIM) could be a good stock pick from a technical perspective. KIM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common m ...

Kimco Realty (NYSE: KIM) FY Conference Summary Company Overview - Kimco Realty is one of the largest owners and operators of grocery-anchored, open-air shopping centers in the United States, focusing on dense suburban and infill markets [2][3] Core Industry Insights - The retail real estate segment, particularly grocery-anchored centers, has seen limited new supply over the past decade, leading to high occupancy rates and durable rent growth [3][4] - In 2025, Kimco's portfolio occupancy reached an all-time high of 96.4%, with small shop occupancy at a record 92.7% [3] - The company ended the year with over $2.2 billion in liquidity and an A-rated balance sheet, providing flexibility in various market conditions [4] Financial Performance - NAREIT funds from operations (FFO) increased by 6.7% year-over-year in 2025, making Kimco one of the few shopping center REITs to achieve over 5% FFO growth in 2024 and over 6% in 2025 [4] - Same property net operating income (NOI) grew by 3% in 2025, indicating strong underlying fundamentals [4] Growth Strategies - Kimco has a signed-not-opened pipeline with $73 million in annual base rent from stores currently in build-out, which will contribute to future earnings [5] - The company signed 1.2 million square feet of new leases in Q4 2025, including record anchor volume, while experiencing historically low levels of anchor vacates [5] - Kimco plans to dispose of $300 million to $500 million in lower growth assets in 2026, reinvesting the capital into higher yielding opportunities [6] Capital Allocation - The company actively recycles capital by selling lower growth assets and reinvesting in higher growth opportunities, with a focus on grocery-anchored centers [6][30] - Kimco's structured investment platform allows for investments in preferred equity and loans tied to grocery-anchored real estate at yields around 9% [6] Tenant Health and Demand - Retailers are increasingly prioritizing well-located grocery-anchored centers, with a focus on necessity-based shopping [10][12] - The company has seen high retention rates, with 90% of tenants renewing their leases or exercising options [18] - Demand for grocery retailers remains strong, with various categories such as discount grocers, organics, and ethnic grocers expanding significantly [20][21] Market Dynamics - The pandemic shifted consumer behavior, highlighting the value of physical retail locations and the omni-channel approach [14][16] - Limited new supply and increased construction costs have created favorable conditions for landlords, enhancing Kimco's market position [16] Dividend and Payout Strategy - Kimco maintains a well-protected dividend, distributing close to 100% of taxable income to investors, with expectations for continued growth in line with taxable income [35][36] Geographic Diversification - Kimco's portfolio is geographically diversified across major metropolitan areas, allowing for strategic investments based on market conditions [44][46] - The company has successfully acquired assets in both high-growth areas like the Sun Belt and undervalued markets in the Midwest [46][49] Conclusion - Kimco Realty's combination of necessity-based cash flows, limited new supply, visible embedded growth, and disciplined capital allocation positions the company for steady, durable earnings growth across economic environments [8][9]

JERICHO, N.Y., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) announced today that its management will present at the Citi 2026 Global Property CEO Conference on Tuesday, March 3, 2026. Event: Kimco Realty® Management Presentation When: Tuesday, March 3, 2026, from 2:10 PM – 2:45 PM, ET Live Webcast: Kimco Realty Management to Present at Citi Conference Audio from the webcast will be available on Kimco Realty’s investor relations website until June 2, 2026. About Kimco Realty® Kimco Realty® (NY ...

JERICHO, N.Y., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) announced today that its management will present at the Raymond James Institutional Investors Conference on Monday, March 2, 2026. Event: Kimco Realty® Management Presentation When: Monday, March 2, 2026, from 8:40 AM – 9:10 AM, ET Live Webcast: Kimco Realty Management to Present at Raymond James Conference Audio from the conference will be available on Kimco Realty’s investor relations website until May, 31, 2026. About Kimco Realty ...

Green Financing and Sustainability - The Company issued $500.0 million in 2.70% notes due 2030 in its first green bond offering, with full allocation reached by June 30, 2024[68] - The Company's $2.0 billion Credit Facility includes rate adjustments tied to Scope 1 and 2 greenhouse gas emissions reductions, achieving maximum interest rate adjustment in 2025[68] - The Company has a credit agreement with $310.0 million in term loans that also have rate adjustments tied to GHG emissions[68] Employee Satisfaction and Work Environment - As of December 31, 2025, the Company employed 710 individuals, with an average tenure of 10.1 years[62] - The Company has been certified as a Great Place to Work for eight consecutive years, indicating strong employee satisfaction[57] - The Company operates under a hybrid work model, enhancing communication and collaboration among associates[58] - The Company has a robust benefits program, including a Safe Harbor 401(k) with fully vested matching contributions[56] Corporate Responsibility and Community Engagement - The Company is committed to corporate responsibility, aligning its programs with its core business strategy to deliver long-term stakeholder value[63] - The Company promotes community engagement by providing two volunteer days off per year and a matching program for charitable contributions[61] REIT Compliance and Tax Implications - To qualify as a REIT, the company must distribute at least 90% of its REIT taxable income annually, excluding net capital gains[141] - If the company loses its REIT status, it would face significant tax consequences, including being subject to regular U.S. federal corporate income tax[142] - The company may incur a 4% nondeductible excise tax if distributions are less than 100% of its REIT taxable income[145] - The company must ensure that its subsidiary REITs independently satisfy all REIT qualification requirements to maintain its own REIT status[141] - Tax liabilities from acquisitions could adversely impact the company's business and cash available for distributions[147] - The company may need to borrow funds during unfavorable market conditions to meet REIT distribution requirements[145] - Dividends paid by REITs do not qualify for reduced tax rates available for some dividends, making them less attractive to certain investors[150] - The company could face a 100% penalty tax on net income from prohibited transactions, limiting its ability to engage in certain sales[149] - If the company fails to qualify as a REIT, it would not be required to make distributions to stockholders[148] - The IRS may challenge the partnership status of Kimco OP, which could adversely affect the company's REIT qualification and stock value[146] Financial Risks - The Company is exposed to interest rate risk through its unsecured revolving credit facility, which may increase interest expenses if rates rise[72]

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