Morgan Stanley raises target for Kimco Realty stock from USD 24.00 to USD 25.00

Published on 10/06/2026 at 12:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kimco Realty stock costs EUR 19.70 on October 6, 2026, versus EUR 19.65. Second-quarter revenue rose 4.90 percent to USD 550.80 million year over year.

Detailaufnahme von Beton- und Glasfassade mit Metallrahmen in Nahaufnahme — Makroaufnahme von Fassadenmaterial und Glasdetail, thematisch passend zur Immobilienbranche von Kimco Realty, ISIN US49446R1095, Illustration mit AI erstellt.

Kimco Realty (ISIN US49446R1095) was trading at EUR 19.70 at Lang & Schwarz on October 6, 2026 at 12:03 p.m. CEST, plus 0.25 percent versus the prior close of EUR 19.65. On September 29, 2026, MarketBeat reported that Morgan Stanley raised its price target from USD 24.00 to USD 25.00 while maintaining an equal weight rating. The modest euro gain leaves the analyst revision as the clearer fresh signal for the stock.

Target moves above USD 25

Morgan Stanley's revised target sits above the latest primary-market context. The NYSE-listed REIT had a USD 19.76 to USD 26.65 52-week range and a market capitalization of USD 14.9 billion as of October 5, 2026.

The analyst action follows a second-quarter operating picture that combined higher revenue with lower GAAP profit per share. MarketBeat said revenue reached USD 550.80 million in the second quarter of 2026, up 4.90 percent from the prior-year quarter, while earnings per share were USD 0.46 on an adjusted basis versus a USD 0.20 consensus estimate. GAAP diluted earnings per share were USD 0.22 in the same period.

Occupancy supports the outlook

Kimco's core leasing metrics offer the operating counterweight to the softer GAAP earnings figure. Yahoo Finance reported that portfolio occupancy reached 96.40 percent in the second quarter of 2026, while small-shop occupancy reached 92.90 percent. The company also lifted its quarterly dividend by 12.00 percent to USD 0.28 per share.

MarketBeat said Kimco set fiscal 2026 adjusted earnings-per-share guidance at USD 1.83 to USD 1.84. That range places execution on leasing and same-property income at the center of the valuation debate, because the revised target still depends on the outlook converting into cash-generating property performance.

Next results arrive October 29

GlobeNewswire reported that Kimco will announce third-quarter 2026 earnings on October 29, 2026, before the market opens. The report will test whether the 96.40 percent occupancy level and the fiscal-year guidance range remain supported by operating results.

Stock holds near EUR 20

Kimco Realty was trading at EUR 19.70 at Lang & Schwarz on October 6, 2026 at 12:03 p.m. CEST, up 0.25 percent versus the Lang & Schwarz prior close of EUR 19.65. The further course of trading is shown by the continuously updated real-time quote of Kimco Realty stock.