Are Wall Street Analysts Predicting Kimco Realty Stock Will Climb or Sink?

Core Viewpoint - Kimco Realty Corporation (KIM) is a leading grocery-anchored shopping center REIT with a market cap of $14 billion, focusing on high-quality properties in major metropolitan areas and rapidly growing Sun Belt cities [1]. Performance Summary - KIM shares have underperformed the broader market, declining 14% over the past year, while the S&P 500 Index increased by nearly 17.7% [2]. - In 2025, KIM's stock fell 11.8%, contrasting with the SPX's 16.3% rise year-to-date [2]. - Compared to the Real Estate Select Sector SPDR Fund (XLRE), which declined about 7% over the past year, KIM's performance remains notably weaker [3]. Financial Results - On October 30, KIM reported Q3 results, with FFO of $0.44 per share, exceeding analyst expectations of $0.43 per share [4]. - The company's revenue reached $535.9 million, surpassing Wall Street forecasts of $524.3 million [4]. - KIM anticipates full-year FFO in the range of $1.75 to $1.76 per share [4]. Analyst Expectations - For the current fiscal year ending in December, analysts project KIM's FFO per share to grow 6.7% to $1.76 on a diluted basis [5]. - KIM has consistently beaten or matched consensus estimates in the last four quarters [5]. - Among 25 analysts covering KIM, the consensus rating is a "Moderate Buy," with nine "Strong Buy" ratings and 16 "Holds" [5]. Price Targets - Scotiabank analyst Greg McGinniss maintained a "Hold" rating on KIM with a price target of $23, indicating a potential upside of 11.3% from current levels [6]. - The mean price target of $24.61 suggests a 19.1% premium to KIM's current price [6]. - The highest price target of $30 implies an ambitious upside potential of 45.2% [6].