Update shared on10 Sep 2025
Fair value Increased 1.27%Kimco Realty’s consensus price target was modestly raised to $24.53 as analysts point to strong Q2 earnings, upbeat sentiment for retail REITs, and the resilience of its grocery-anchored centers, supporting a slightly higher fair value.
Analyst Commentary
- Bullish analysts cite strong Q2 earnings results and increased estimates for retail REITs as driving price target increases.
- Positive risk/reward profile highlighted, with earnings season providing upside surprises.
- Belief that the defensive nature of Kimco’s grocery-anchored shopping centers may be undervalued by the market relative to peers.
- Emphasis on Kimco's robust balance sheet and improving free cash flow profile supporting higher valuations.
- Resilience in shopping center REITs observed despite macro concerns such as tariffs and a slowing consumer environment.
What's in the News
- Kimco Realty, in partnership with Bozzuto, commenced construction of The Chester at Westlake, a 214-unit mixed-use development in Daly City, advancing its strategy to transform retail centers into vibrant mixed-use destinations.
- The Chester will offer extensive amenities, nearly 10,000 square feet of ground-floor retail, and is expected to open in winter 2027; the project is located at the Westlake Shopping Center, a major Bay Area retail hub owned by Kimco since 2002.
- Kimco completed the repurchase of 8.1 million shares (1.64% of shares outstanding) for $133.71 million under its ongoing buyback program.
- The company raised its full-year 2025 net income guidance to $0.74–$0.76 per share from the prior $0.70–$0.73 range.
Valuation Changes
Summary of Valuation Changes for Kimco Realty
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $24.23 to $24.53.
- The Future P/E for Kimco Realty remained effectively unchanged, moving only marginally from 39.00x to 39.54x.
- The Consensus Revenue Growth forecasts for Kimco Realty remained effectively unchanged, moving only marginally from 3.0% per annum to 2.9% per annum.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.