Kimco Realty Stock: Is Wall Street Bullish or Bearish?

With a market cap of $16.6 billion, Kimco Realty Corporation (KIM) is a leading real estate investment trust specializing in high-quality, grocery-anchored shopping centers and mixed-use properties across major U.S. metropolitan markets. With a portfolio of 565 properties totaling 100 million square feet as of 2025, the company focuses on necessity-based retail.

Shares of the Maryland, USA-based company have outperformed the broader market over the past 52 weeks. KIM stock has gained 24.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 13.5%. Moreover, shares of the company are up 25.5% on a YTD basis, compared to SPX’s 12.3% rise.

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Zooming in further, shares of the REIT has exceeded the State Street Real Estate Select Sector SPDR ETF’s (XLRE) 8.2% rise over the past 52 weeks.

Kimco Realty shares fell 1.6% on Aug. 4, despite beating Q2 2026 earnings and revenue estimates, as same-property net operating income (NOI) growth of 3.5% to $403.16 million missed analysts’ expectation. Investor sentiment may also have been pressured by the company’s 2026 FFO-per-share guidance of $1.83 – $1.84, whose midpoint of $1.84 was slightly below the analyst consensus.

For the fiscal year that ended in December 2026, analysts expect KIM’s AFFO to rise 5.1% year-over-year to $1.85 per share. The company’s earnings surprise history is promising. It beat or met the consensus estimates in each of the last four quarters.

Among the 24 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on nine “Strong Buy” ratings and 15 “Holds.”

This configuration has remained unchanged over the past three months.

On Nov. 2, Piper Sandler raised the firm’s price target on Kimco Realty to $30 and keeps an “Overweight” rating on the shares.

The mean price target of $26.38 represents a 2.5% premium to KIM’s current price levels. The Street-high price target of $36 implies a potential upside of 39.9% from the current price.

On the date of publication, Sohini Mondal did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com