KIM · 8-K · 20260804PR331498

Guidance / Outlook

KIMCO REALTY CORP · 2026-08-04 · Importance 61 · Surprise 76 · In source text

Kimco raised its 2026 net income outlook to $1.00–$1.03 per diluted share from $0.83–$0.87 and its FFO outlook to $1.83–$1.84 from $1.81–$1.84. The revised outlook assumes 2026 same-property NOI growth of 3.0%–3.5%, credit loss of 55–75 basis points, consolidated interest expense and preferred dividends of $368–$372 million, and mortgage and other financing income of $45–$50 million. Planned redevelopment capex is $125–$150 million, while leasing and maintenance capex remains $275–$300 million. Property acquisitions net of dispositions are expected to be net neutral, with transaction volume of $300–$500 million, while structured investments net of repayments are projected at $75–$125 million at an 8.0%–10.0% weighted-average yield.

Key facts

• The company raised its 2026 full year Net income outlook to $1.00 to $1.03 per diluted share (previously $0.83 to $0.87). source
• The company’s 2026 full year FFO per diluted share outlook was raised to $1.83 to $1.84 (previously $1.81 to $1.84). source

Impact estimates