Kimco Realty stock holds after August 4 earnings beat
Published on 08/24/2026 at 20:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Kimco Realty (US49446R1095) stock held around $24.03 on August 21, 2026, after the retail REIT posted second-quarter 2026 earnings of $0.46 per share and revenue of $550.8 million on August 4, 2026. The quarter beat the $0.20 EPS consensus by $0.26 and revenue topped the $543.75 million forecast.
Earnings still shape the tape
The latest reported quarter also showed revenue up 4.9% from the same period a year earlier, when Kimco earned $0.44 per share. Net margin was 27.76% and return on equity was 5.76%, giving investors a clean read on a still-profitable landlord with a large grocery-anchored portfolio.
FY 2026 guidance now stands at $1.83 to $1.84 per share, while research analysts expect $1.84 for the year. That leaves the company right on top of the Street's current view, which is a useful contrast for a stock that already trades at a 28.27 P/E and a $16.12 billion market value.
Dividend and valuation
The dividend was also lifted to $0.28 a quarter, equal to $1.12 annualized and a 4.7% yield. MarketBeat's consensus target sits at $26.50, which is 10.3% above the August 21 price snapshot of $24.03.
For investors, the combination of a higher dividend, a modest earnings beat and a market cap above $16 billion keeps the valuation debate centered on execution rather than size. The shares are also only 9.9% below the 52-week high of $26.65, which shows how much of the 2026 rerating is already reflected.
Open-air centers
Kimco's business still revolves around open-air shopping centers, with a portfolio of roughly 400 properties across the United States and selective holdings in Canada and Mexico. Grocery-anchored centers remain the core model, and the company says its tenant mix is built around daily-need traffic.
Shares and income
Kimco Realty stock closed at $24.03 on August 21, 2026, within a 52-week range of $19.76 to $26.65. The stock had risen 18.5% from $20.28 at the start of 2026, making the latest earnings beat more important as a test of whether that move can hold.
Fact box
Company: Kimco Realty Corporation
ISIN: US49446R1095
Ticker: KIM
Exchange: NYSE
Price (as of August 21, 2026, 3:58 p.m. ET): $24.03 USD
Market cap: $16.12 billion (as of August 24, 2026)
Sector / Industry: Real Estate / Retail REITs
Index membership: Russell 1000
Next earnings date: October 29, 2026
