Kimco Realty KIM · USD
Real Estate · Equity Real Estate Investment Trusts (REITs) · US listing · 🇺🇸 United States
S&P 500
25.78
+1.02%
Close of 9 Nov 2026, in USD
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About Kimco Realty
From its filings with the US Securities and Exchange Commission
Kimco Realty is based in Jericho, New York and is incorporated in Maryland. Its shares trade on NYSE under the ticker KIM. It is a member of the S&P 500. The SEC classifies its business as real estate investment trusts. In the fiscal year to 31 December 2025, it reported revenue of $2.14bn and net income of $584.7m. At that date it held total assets of $19.69bn and shareholders' equity of $10.39bn.
The Company is the leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The executive officers are engaged in the day-to-day management and operation of real estate exclusively with the Company, with nearly all operating functions, including leasing, asset management, maintenance, construction, legal, finance and accounting, administered by the Company. The Company’s mission is to create destinations for everyday living that inspire a sense of community and deliver value to our many stakeholders.
The Company began operations through its predecessor, The Kimco Corporation, which was organized in 1966 upon the contribution of several shopping center properties owned by its principal stockholders. In 1973, these principals formed the Company as a Delaware corporation, and, in 1985, the operations of The Kimco Corporation were merged into the Company. The Company completed its initial public stock offering (the “IPO”) in November 1991, and, commencing with its taxable year which began January 1, 1992, elected to qualify as a REIT in accordance with Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). To qualify as a REIT, the Company must meet several organizational and operational requirements and is required to distribute annually at least 90% of its REIT taxable income, determined without regard to the dividends paid deduction and excluding any net capital gain.
Quoted from its 10-K, filed 20 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Real Estate
- Industry
- Equity Real Estate Investment Trusts (REITs)
- Listed since
- 22 Nov 1991
- Employees
- 710
- Website
- kimcorealty.com ↗
- Head office
- 500 NORTH BROADWAY, JERICHO, NY, 11753
- Incorporated in
- MD
- Classification
- Real Estate Investment Trusts
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Milton CooperExecutive Chairman of the Board, Co-Founder$4.2m
- Mr. Ross CooperPresident, Chief Investment Officer$3.9m
- Mr. Conor FlynnChief Executive Officer, Director, since 2013$10.5m
- Mr. Glenn CohenChief Financial Officer, Executive Vice President, Treasurer$3.8m
- Mr. David JamiesonChief Operating Officer, Executive Vice President$3.8m
- Ms. Leah LandroChief Human Resource Officer, Executive Vice President
- Mr. Tom TaddeoExecutive Vice President, Chief Information Officer
- Ms. Kathleen ThayerSenior Vice President, Corporate Accounting and Assistant Treasurer
- Mr. Will TeichmanSenior Vice President, Strategic Operations
- Ms. Mary Hogan PreusseLead Independent Director$296,072
- Mr. Philip CovielloIndependent Director$296,072
- Mr. Frank LourensoIndependent Director$296,072
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 97
- Environment
- 98
- Social
- 99
- Governance
- 93
- Direct emissions (scope 1)
- 4,165 t
- Energy emissions (scope 2)
- 37,132 t
- Value chain emissions (scope 3)
- 388,180 t
- Women in the workforce
- 65%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong market presence: Kimco Realty Corp is a leading real estate investment trust (REIT) with a substantial portfolio of retail properties across North America.
- Diversified tenant base: The company boasts a diverse tenant mix, including popular retail chains, which reduces the risk associated with relying on a single industry.
- Financial stability: Kimco Realty Corp has a solid financial position, with consistent revenue growth and a strong balance sheet.
Weaknesses
- Exposure to retail industry challenges: The company's reliance on the retail sector leaves it vulnerable to the ongoing shift towards e-commerce and potential economic downturns.
- Geographical concentration: A significant portion of Kimco's properties are located in certain regions, making it susceptible to local market conditions and regulatory changes.
- Potential vacancies: The company may face challenges in re-leasing or finding new tenants for vacant properties, particularly in areas experiencing a decline in retail demand.
Opportunities
- Acquisition potential: Kimco Realty Corp could leverage its financial strength to acquire additional properties or portfolios, expanding its market share and diversifying its holdings.
- Development and redevelopment projects: The company can capitalize on opportunities to develop new properties or renovate existing ones, focusing on high-demand areas or repurposing underperforming assets.
- Growing sectors: Exploring investments in emerging sectors such as healthcare facilities, mixed-use developments, or experiential retail could enhance the company's revenue streams.
Threats
- Economic downturns: A weakening economy or recession could impact consumer spending and result in reduced demand for retail space, potentially leading to higher vacancies and lower rental income.
- Competitive landscape: Kimco Realty Corp faces competition from other REITs, property developers, and online retailers, requiring continuous efforts to differentiate and attract tenants.
- Regulatory changes: Changes in zoning regulations, tax laws, or environmental policies may affect the development, operation, or profitability of Kimco's properties.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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