Kimco Realty raises 2026 outlook as Q3 net income rises to $0.41 per share

Kimco Realty reported third-quarter 2026 net income of $0.41 per diluted share, up from $0.19 a year earlier, and FFO of $0.47 per diluted share, up from $0.44. The company raised its full-year 2026 outlook for net income to $1.07 to $1.09 per share and for FFO to $1.84 to $1.86 per share, and the board declared a $0.28 quarterly common dividend, up 7.7% from the prior year.

Key points

• Q3 2026 net income attributable to common shareholders was $272.5 million, or $0.41 per diluted share, versus $130.2 million, or $0.19, in Q3 2025, driven mainly by $122.4 million more in gains on property sales.
• FFO was $316.2 million, or $0.47 per diluted share, up from $0.44 a year earlier, a 6.8% increase in FFO per diluted share.
• 2026 net income outlook raised to $1.07 to $1.09 per share from $1.00 to $1.03; FFO outlook raised to $1.84 to $1.86 from $1.83 to $1.84.
• Repurchased 6.3 million common shares for $150 million during the quarter; common dividend of $0.28 per share is payable December 18, 2026.

The filing

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.