---
title: Kimco Realty (KIM) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/kim
ticker: KIM
as_of: 2026-10-17
sector: Real Estate
industry: REIT - Retail
---
# Kimco Realty (KIM)

Kimco Realty (KIM) closed at $22.91 on Oct 16, 2026, undervalued by 6% vs its model value of $24.24 (from its own five-year median price to Cash FFO).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $22.91 (Oct 16, 2026) |
| Model value (from its own five-year median price to Cash FFO) | $24.24 |
| Price vs model | undervalued by 6% vs model |
| Range of that model | $21.88 – $27.70 |
| Market value | $15.4B |
| P/E (fiscal 2025) | — |
| Net margin (fiscal 2025) | 27.3% |
| Free cash flow (fiscal 2025) | $1.1B |
| Dividend yield (trailing twelve months) | 4.63% |
| Beta | 0.96 |
| Cost of capital (WACC) | 7.70% |
| Business classification | Dividend Payer (Low/slowing growth (~10% recent), High profitability (27% net margin), Strong dividend yield, Highly cyclical earnings, Strong FCF yield (7.2%)) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Highest dividend yield | #38 | 4.63% | https://sweetvaluelab.com/lists/highest-dividend-yield |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 4.63% |
| Dividends per share, last 12 months | $1.06 |
| Dividends / FFO (fiscal 2025) | 58.7% |
| Raised | 5 years in a row |
| Growth over 5 years | 9.6% a year |
| Latest payment | $0.28, ex-date Sep 4, 2026, paid Sep 17, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Sep 8, 2021 | $0.67 |
| To Sep 8, 2022 | $0.78 |
| To Sep 6, 2023 | $0.92 |
| To Sep 5, 2024 | $1.05 |
| To Sep 5, 2025 | $1.00 |
| Trailing twelve months (to Sep 4, 2026) | $1.06 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| P/Cash FFO · own history | primary | $24.24 | $21.88 | $27.70 |
| P/E · peers | cross check | $17.59 | $16.58 | $18.02 |
| P/E · own history | cross check | $22.69 | $14.77 | $30.57 |
| PEG | sanity check | $6.76 | $6.76 | $6.76 |
| EV/EBITDA · peers | cross check | $16.84 | $16.20 | $18.35 |
| EV/Revenue · peers | cross check | $9.53 | $7.49 | $14.32 |
| Dividend discount | cross check | $20.62 | $14.48 | $32.42 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Feb 19, 2026 | SALTZMAN RICHARD B | Director | Grant / award | 7,720 | $0 |
| Feb 19, 2026 | COVIELLO PHILIP E JR | Director | Grant / award | 7,720 | $0 |
| Feb 19, 2026 | Moniz Henry | Director | Grant / award | 7,720 | $0 |
| Feb 19, 2026 | Preusse Mary Hogan | Director | Grant / award | 7,720 | $0 |
| Feb 19, 2026 | Richardson Valerie | Director | Grant / award | 7,720 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Aug 4, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/879101/000119312526331817/kim-20260630.htm |
| Aug 4, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/879101/000119312526331498/kim-20260804.htm |
| Jun 15, 2026 | 8-K | 1.01 Entry into a Material Agreement; 2.03 Creation of a Direct Financial Obligation; 3.02 Unregistered Sale of Equity; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/879101/000114036126025223/ef20076176_8k.htm |
| Jun 11, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/879101/000114036126024883/ef20076085_8k.htm |
| May 22, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/879101/000114036126022535/ef20074193_8k.htm |

## About

Kimco Realty Corporation (NYSE:KIM), headquartered in Jericho, N.Y., operates as a real estate investment trust (REIT). It stands as one of North America's preeminent publicly traded entities dedicated to the ownership and operation of open-air, grocery-anchored shopping centers and diverse mixed-use developments. With a substantial portfolio reported as of September 30, 2020, Kimco held interests in 400 properties across the U.S. These holdings collectively encompass 70 million square feet of gross leasable area, predominantly situated within America's top metropolitan markets. Having traded publicly on the New York Stock Exchange since 1991 and recognized as a constituent of the S&P 500 Index, the company boasts over six decades of expertise. This extensive experience spans the acquisition, development, and ongoing management of shopping centers.

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Source: https://sweetvaluelab.com/stocks/kim (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.