Kimco Realty Future Growth

Future criteria checks 1/6

Kimco Realty is forecast to grow earnings and revenue by 12.3% and 4% per annum respectively. EPS is expected to grow by 11.3% per annum. Return on equity is forecast to be 5.6% in 3 years.

Key information

12.3%

Earnings growth rate

11.3%

EPS growth rate

Retail REITs earnings growth	4.4%
Revenue growth rate	4.0%
Future return on equity	5.6%
Analyst coverage	Good
Last updated	28 May 2024

Recent future growth updates

Recent updates

Kimco Realty to redeem in full 3.50% notes due 2023 and 3.125% senior notes due 2023

Aug 10

Kimco Realty FFO of $0.40 beats by $0.02, revenue of $427.2M beats by $7.35M

Jul 28

Kimco Realty: Secure A Safe And Growing 4% Dividend Check

Jul 04

Why Kimco Realty Is A 'No-Brainer' Bear Market Buy

Jun 14

Kimco Realty: 3.1% Yield And Potential For Dividend Growth

Apr 03

Revisiting Kimco Realty Thesis - And Why It's A 'Hold'

Mar 26

Earnings and Revenue Growth Forecasts

NYSE:KIM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,128	490	645	1,100	6
12/31/2025	2,060	448	694	1,080	7
12/31/2024	2,008	312	738	1,059	5
3/31/2024	1,844	327	902	902	N/A
12/31/2023	1,783	629	1,072	1,072	N/A
9/30/2023	1,772	437	1,037	1,037	N/A
6/30/2023	1,759	376	1,019	1,019	N/A
3/31/2023	1,743	151	1,012	1,012	N/A
12/31/2022	1,728	99	861	861	N/A
9/30/2022	1,713	233	907	907	N/A
6/30/2022	1,648	679	768	768	N/A
3/31/2022	1,510	914	665	665	N/A
12/31/2021	1,365	816	619	619	N/A
9/30/2021	1,209	934	541	541	N/A
6/30/2021	1,101	392	646	646	N/A
3/31/2021	1,050	1,019	583	583	N/A
12/31/2020	1,058	971	590	590	N/A
9/30/2020	1,085	867	567	567	N/A
6/30/2020	1,108	970	508	508	N/A
3/31/2020	1,154	319	584	584	N/A
12/31/2019	1,159	337	584	584	N/A
9/30/2019	1,147	315	604	604	N/A
6/30/2019	1,147	338	599	599	N/A
3/31/2019	1,156	402	601	601	N/A
12/31/2018	1,165	430	638	638	N/A
9/30/2018	1,196	433	637	637	N/A
6/30/2018	1,208	453	666	666	N/A
3/31/2018	1,211	435	649	649	N/A
12/31/2017	1,201	370	N/A	614	N/A
9/30/2017	1,183	364	N/A	641	N/A
6/30/2017	1,173	207	N/A	676	N/A
3/31/2017	1,167	267	N/A	612	N/A
12/31/2016	1,171	331	N/A	592	N/A
9/30/2016	1,175	622	N/A	476	N/A
6/30/2016	1,179	740	N/A	424	N/A
3/31/2016	1,182	661	N/A	468	N/A
12/31/2015	1,167	827	N/A	494	N/A
9/30/2015	1,133	531	N/A	582	N/A
6/30/2015	1,100	556	N/A	589	N/A
3/31/2015	1,052	556	N/A	611	N/A
12/31/2014	997	313	N/A	629	N/A
9/30/2014	938	339	N/A	546	N/A
6/30/2014	905	286	N/A	631	N/A
3/31/2014	872	232	N/A	602	N/A
12/31/2013	866	225	N/A	570	N/A
9/30/2013	871	145	N/A	605	N/A
6/30/2013	874	123	N/A	469	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KIM's forecast earnings growth (12.3% per year) is above the savings rate (2.4%).

Earnings vs Market: KIM's earnings (12.3% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: KIM's earnings are forecast to grow, but not significantly.

Revenue vs Market: KIM's revenue (4% per year) is forecast to grow slower than the US market (8.4% per year).

High Growth Revenue: KIM's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KIM's Return on Equity is forecast to be low in 3 years time (5.6%).

Kimco Realty Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 10%, revenue upgraded

Consensus EPS estimates fall by 15%, revenue upgraded

Kimco Realty Corporation Revises Earning Guidance for the Full Year 2023

Kimco Realty Corporation Revises Earning Guidance for the Full Year 2023

Kimco Realty Corporation Provides Earning Guidance for the Full Year 2023

Consensus forecasts updated

Recent updates

Upcoming dividend of US$0.24 per share

Consensus EPS estimates fall by 10%, revenue upgraded

Consensus EPS estimates fall by 15%, revenue upgraded

First quarter dividend of US$0.24 announced

Kimco Realty Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on June 20, 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Kimco Realty: The 6.45% Preferred Shares Remain Attractive

Kimco Realty Corporation, Annual General Meeting, May 07, 2024

Kimco Realty Corporation to Report Q1, 2024 Results on May 02, 2024

Kimco Realty: A Reliable Shopping-Center REIT Providing A 5.1% Yield

Kimco Realty: Solid Fundamentals And Potential Double-Digit Upside

Upcoming dividend of US$0.24 per share

Kimco Is Benefitting From Favorable Shopping Center Supply/Demand

Fourth quarter dividend of US$0.24 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Kimco Realty Corporation Declares Quarterly Cash Dividend, Payable on March 21, 2024

Kimco Realty Corporation (NYSE:KIM) completed the acquisition of RPT Realty (NYSE:RPT) from a group of shareholders.

Brixton Capital, LP acquired Monterey Plaza from a joint venture between Kimco Realty Corporation (NYSE:KIM) and Prudential Global Investment Management.

Kimco Realty: Not Shopping Here

Kimco Realty Corporation to Report Q4, 2023 Results on Feb 08, 2024

Upcoming dividend of US$0.33 per share at 5.1% yield

Kimco: RPT Realty's Preferreds To Get Credit Quality Boost After Acquisition

Kimco Realty® Declares Special Cash Dividend of Common Stock, Payable on December 21, 2023

Kimco Realty® Declares Special Cash Dividend of Common Stock, Payable on December 21, 2023

Kimco Realty: 5.1% Yield, 58% Payout Ratio, 12x FFO Multiple

Kimco Is Attractive For Income Seeking Investors

Kimco Realty Corporation Revises Earning Guidance for the Full Year 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

New major risk - Revenue and earnings growth

Kimco Realty: Evaluating After RPT Acquisition Announcement

Kimco Realty: 4.8% Yield, Strong Dividend Coverage, And A Catalyst

Kimco Realty Corporation to Report Q3, 2023 Results on Oct 26, 2023

Retail M&A Heats Up With Kimco/RPT Merger

Upcoming dividend of US$0.23 per share at 4.9% yield

Kimco Realty Corporation (NYSE:KIM) entered into a definitive merger agreement to acquire RPT Realty (NYSE:RPT) for $1 billion.

Kimco Realty Corporation (NYSE:KIM) acquired Stonebridge at Potomac Town Center in Woodbridgefor approximately $170 million.

Kimco Realty: A Solid Buy In Shopping Center REITs

Second quarter 2023 earnings: EPS exceeds analyst expectations

Kimco Realty Corporation Revises Earning Guidance for the Full Year 2023

Kimco Realty Corporation to Report Q2, 2023 Results on Jul 27, 2023

Kimco Realty Corporation: Small Shop Risk Appears Manageable

Upcoming dividend of US$0.23 per share at 5.1% yield

Kimco Realty Stock: Redeveloping A Core REIT Position

Now 20% undervalued after recent price drop

First quarter 2023 earnings: EPS exceeds analyst expectations

Insufficient new directors

Kimco Realty Corporation Provides Earning Guidance for the Full Year 2023

Kimco Realty Q4 2022 Earnings Preview

Kimco Realty: UPREIT And Away

Kimco Realty Corporation Announces Holding Company Reorganization

Kimco Realty announces reorganization into UPREIT structure

Kimco Realty Corporation to Report Q4, 2022 Results on Feb 09, 2023

Upcoming dividend of US$0.23 per share

Consensus forecasts updated

Insufficient new directors

Kimco Realty Corporation (NYSE:KIM) acquired a multi-generationally-owned portfolio of eight Long Island, New York shopping centers for approximately $380 million.

Kimco Realty Corporation Raises Earnings Guidance for the Full-Year of 2022

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Kimco Realty Q3 2022 Earnings Preview

Kimco raises $300M in partial sale of its Albertsons stake

Kimco Realty goes ex-dividend today

Upcoming dividend of US$0.22 per share

Consensus forecasts updated

Consensus forecasts updated

Kimco Realty Corporation to Report Q3, 2022 Results on Oct 27, 2022

Kimco Realty to redeem in full 3.50% notes due 2023 and 3.125% senior notes due 2023

Consensus forecasts updated

Kimco Realty Corporation (NYSE:KIM) acquired an additional 3.58% ownership interest in Kimco Income REIT for $55.1 million.

Second quarter 2022 earnings: EPS misses analyst expectations