Kimco Realty (NYSE: KIM) reported third-quarter 2026 net income of $272.5 million, or $0.41 per diluted share, compared with $130.2 million, or $0.19 per diluted share, a year earlier. Total revenue was $546.1 million for the quarter ended September 30, 2026.
The REIT reported record portfolio occupancy of 96.6% and raised its 2026 outlook for net income to $1.07 to $1.09 per diluted share.
- FFO was $316.2 million, or $0.47 per diluted share, up from $0.44 per diluted share a year earlier.
- Same-property NOI increased 4.9% year over year.
- Kimco sold The Witmer multifamily building for $211.5 million and repurchased 6.3 million common shares for $150 million.
- The board declared a quarterly common dividend of $0.28 per share, payable December 18, 2026.
- The company reported $2.5 billion of immediate liquidity at quarter-end, including $545 million of cash, cash equivalents and restricted cash.
