Earnings Releases·Oct 29, 2026, 6:54 AM ET

Kimco Realty — Third Quarter 2026 Earnings Summary

Net income available to common shareholders rose to $272.5 million ($0.41/share) from $130.2 million ($0.19/share) year-over-year, driven by a $122.4 million increase in property sale gains; FFO increased 6.8% to $316.2 million ($0.47/share).
Management raised full-year 2026 guidance for Net income ($1.07–$1.09), FFO ($1.84–$1.86), and Same property NOI growth (+3.5% to +3.8%), citing strong execution and record occupancy of 96.6%.
Capital allocation included $150 million in common stock repurchases, $74 million in preferred stock repurchases, and the repayment of $766 million in unsecured notes; the company also acquired two Florida grocery-anchored centers for $109 million and sold multifamily and retail assets totaling $390.3 million.
The Board declared a 7.7% year-over-year increase in the common quarterly dividend to $0.28 per share, while the company maintains over $2.5 billion in immediate liquidity.