
Kimco Realty (KIM) Stock Forecast & Price Target
Kimco Realty (KIM) Analyst Ratings
Bulls say
Kimco Realty's stock benefits from a favorable outlook due to the anticipated increase in Funds From Operations (FFO), with projections for 2024 being raised to $1.62 and for 2025 to $1.71, reflecting the positive impact of newly effective leases. The company is experiencing a significant rise in net operating income (NOI) as a result of improved occupancy rates, higher rents, and an increase in more profitable small shop leases. Additionally, the strong demand for leasing, underscored by all-time high combined leasing spreads, positions Kimco favorably within a constrained supply environment, further enhancing its growth potential.
Bears say
Kimco Realty faces significant company-specific risks stemming from deteriorating real estate fundamentals and potential balance sheet vulnerabilities. Additionally, the overall economic environment poses threats, including the risk of a recession, fluctuating interest rates, and ongoing instability in the mortgage-backed securities market, which may further weaken commercial real estate performance. The adjustment in the company's capitalization rate from 6.75% to 6.5% indicates a cautious outlook, reflecting concerns about future profitability and asset valuation amid these challenges.
This aggregate rating is based on analysts' research of Kimco Realty and is not a guaranteed prediction by Public.com or investment advice.
Kimco Realty (KIM) Analyst Forecast & Price Prediction
Start investing in Kimco Realty (KIM)
Order type
Buy in
Order amount
Est. shares
0 shares