Kimco Realty

KIM

Market cap $14B

Eight of the top fifteen Barron's Better Bets (BBB) 'Safer' dividend stocks, including Conagra, Altria, and Verizon, are currently attractively priced for income investors. Analyst forecasts project net gains of 18.44% to 29.95% for the top ten BBB Dogs by November 2026, with an average estimated gain of 22.01%. Stocks are considered 'dogs' when their reliable dividends and lower prices result in higher yields; eight of the top ten are already at ideal pricing levels.

Kimco Realty Corporation (KIM) is a stable REIT with a $19.8B asset base and a $13.73B market cap, holding 564 properties. KIM maintains investment-grade credit ratings (Moody's: Baa1, S&P: A-, Fitch: A-) due to strong asset coverage, low secured debt, and robust interest coverage. Preferred stocks KIM.PR.L and KIM.PR.M trade below par, offer yields above 6%, and are callable anytime, with investment-grade ratings from major agencies.

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REITs offer compelling value and income, with VNQ yielding 3.8% versus the S&P 500's 1.1%, and trade at historically wide valuation discounts. The current macro environment favors high-quality, undervalued dividend stocks, as falling long-term rates could boost demand for income-generating assets like REITs. REITs demonstrate strong financial health, stable dividends, and sector diversity, making them attractive for both income and potential total return upside.

Shopping center REITs are exploiting a persistent arbitrage between public and private real estate valuations to drive accretion for shareholders. This strategy boosts AFFO per share and unlocks value, as REITs' assets trade at higher private market values than their deeply discounted stock prices imply. Investors can benefit from buying high-quality shopping center REITs at 7.5%-9% implied cap rates, with potential for price appreciation, buyouts, or rising dividends.

JERICHO, N.Y., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Kimco Realty Corp. (NYSE: KIM) (the “Company” or “Kimco”) today announced the establishment of an “at the market” continuous offering program, pursuant to which the Company may offer and sell shares of its common stock, par value $0.01 per share, with an aggregate gross sales price of up to $750,000,000 through BofA Securities, Inc., Barclays Capital Inc., BMO Capital Markets Corp., BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC, BTIG, LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Jefferies LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, Nomura Securities International, Inc., RBC Capital Markets, LLC, Regions Securities LLC, Scotia Capital (USA) Inc., TD Securities (USA) LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC, (except in the case of Nomura Securities International, Inc.) as sales agents (in such capacity, “Sales Agents”) and/or (except in the case of BTIG, LLC) forward sellers acting as sales agents for the respective Forward Purchasers (as defined below) (in such capacity, “Forward Sellers”). Sales of the shares of common stock may be made from time to time, as needed, in negotiated transactions, transactions that are deemed to be “at the market” offerings as defined in Rule 415 under the Securities Act of 1933, as amended (the “Securities Act”), by means of ordinary brokers' transactions at market prices prevailing at the time of sale, including sales made directly on the New York Stock Exchange, or sales made to or through a market maker and sales made through other securities exchanges or electronic communications networks. Substantially concurrent with Kimco's entry into the Agreement, the Company terminated its existing equity sales agreement, dated September 15, 2023, between Kimco Realty Corporation and the agents and forward purchasers party thereto, in accordance with the terms of the previous equity sales agreement.

KIM posts solid Q3 results, with higher FFO per share and revenues, boosted by rising rents and occupancy and lifts its dividend and 2025 FFO per share outlook.

Kimco Realty Corporation ( KIM ) Q3 2025 Earnings Call October 30, 2025 8:30 AM EDT Company Participants David Bujnicki - Senior Vice President of Investor Relations & Strategy Conor Flynn - CEO & Director Ross Cooper - President, Chief Investment Officer & Director Glenn Cohen - Executive VP & CFO Will Teichman - SVP and Chief Innovation & Transformation Officer Conference Call Participants Michael Goldsmith - UBS Investment Bank, Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Samir Khanal - BofA Securities, Research Division Floris Gerbrand Van Dijkum - Ladenburg Thalmann & Co. Inc., Research Division Michael Griffin - Evercore ISI Institutional Equities, Research Division Richard Hightower - Barclays Bank PLC, Research Division Cooper Clark - Wells Fargo Securities, LLC, Research Division Haendel St. Juste - Mizuho Securities USA LLC, Research Division Juan Sanabria - BMO Capital Markets Equity Research Caitlin Burrows - Goldman Sachs Group, Inc., Research Division Craig Mailman - Citigroup Inc., Research Division Michael Mueller - JPMorgan Chase & Co, Research Division Alec Feygin - Robert W. Baird & Co. Incorporated, Research Division Greg McGinniss - Scotiabank Global Banking and Markets, Research Division Linda Yu Tsai - Jefferies LLC, Research Division Presentation Operator Hello, everyone, and thank you for joining the Kimco Realty's Third Quarter 2025 Earnings Conference Call.

While the top- and bottom-line numbers for Kimco Realty (KIM) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.44 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.43 per share a year ago.