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Morningstar

Morningstar

May 01, 2026

Kimco Realty Corporation: Kimco Realty Earnings: Occupancy Rises to 96.3% but Operating Expense Growth Outpaces Revenue Growth

Symbols

KIM

Sector(s)

Real Estate

Rating

Current Price

23.38

Fair Value

Economic Moat

Stewardship

Summary

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 565 shopping centers throughout major markets in the

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Analyst Profile

Kevin Brown

Equity Analyst

Kevin Brown is an equity analyst on the finance team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers apartment, healthcare, and hotel REITs and real estate service companies in the United States.Before joining Morningstar in 2018, Brown worked at an asset-management company focused on global real estate, spending nine years covering healthcare and hotel REITs.Brown holds a bachelor’s degree in economics from Dartmouth College. He also holds the Chartered Financial Analyst® designation.

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