Kimco Realty Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Kimco Realty stock have an average target of 21.34, with a low estimate of 20 and a high estimate of 26. The average target predicts an increase of 9.94% from the current stock price of 19.41.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$20	$21.34	$21	$26
Change	+3.04%	+9.94%	+8.19%	+33.95%

* Price targets were last updated on May 23, 2024.

Analyst Ratings

The average analyst rating for Kimco Realty stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	6	6	7	7	6	6
Buy	2	2	2	3	2	2
Hold	3	3	5	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	14	16	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vikram Malhorta Mizuho	Mizuho	Strong Buy Maintains $21 → $20	Strong Buy	Maintains	$21 → $20	+3.04%	May 23, 2024
Ki Bin Kim Truist Securities	Truist Securities	Hold Maintains $23 → $22	Hold	Maintains	$23 → $22	+13.34%	May 20, 2024
Jeffrey Spector B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $24 → $20	Strong Buy → Hold	Downgrades	$24 → $20	+3.04%	Apr 5, 2024
Wesley Golladay Baird	Baird	Buy Maintains $23 → $21	Buy	Maintains	$23 → $21	+8.19%	Apr 4, 2024
Michael Bilerman Citigroup	Citigroup	Strong Buy → Hold Downgrades $26 → $20	Strong Buy → Hold	Downgrades	$26 → $20	+3.04%	Mar 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.03B

from 1.78B

13.83%

from 1.78B

Revenue Next Year

1.82B

from 2.03B

-10.30%

from 2.03B

EPS This Year

0.43

from 1.02

-58.08%

from 1.02

EPS Next Year

0.76

from 0.43

77.17%

from 0.43

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2027	2028	2028
Revenue	1.16B	1.06B	1.36B	1.73B	1.78B	2.03B	1.82B	2.10B	1.88B	2.01B	2.18B	2.17B	2.17B	2.22B	2.22B
Revenue Growth	-0.50%	-8.71%	28.99%	26.61%	3.22%	13.83%	-10.30%	15.16%	-10.54%	7.36%	8.14%	-0.41%	-	2.40%	-
EPS	0.80	2.25	1.60	0.16	1.02	0.43	0.76	0.67	0.71	0.77	0.79	0.70	0.70	0.74	0.74
EPS Growth	-21.57%	181.25%	-28.89%	-90.00%	537.50%	-58.08%	77.17%	-11.81%	5.83%	8.57%	3.07%	-11.28%	-	5.04%	-
Forward PE	-	-	-	-	-	45.40	25.62	29.05	27.45	25.29	24.53	27.65	27.65	26.33	26.33
No. Analysts	-	-	-	-	-	12	8	12	3	3	7	3	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.0B	2.0B	2.3B	2.3B	2.3B
Avg	1.8B	1.9B	2.2B	2.2B	2.2B
Low	1.7B	1.8B	2.1B	2.1B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	12.4%	11.1%	23.5%	3.5%	6.5%
Avg	2.1%	3.0%	16.1%	-0.4%	2.4%
Low	-4.0%	-3.8%	11.2%	-3.4%	-0.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.83	0.83	0.96	0.79	0.82
Avg	0.76	0.71	0.79	0.70	0.74
Low	0.68	0.60	0.71	0.63	0.67

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-18.7%	9.5%	35.1%	-0.5%	16.7%
Avg	-25.7%	-6.7%	11.9%	-11.3%	5.0%
Low	-33.7%	-21.1%	-0.2%	-20.7%	-5.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.