Kimco Realty Corporation

Kimco Realty Corporation is a real estate investment trust (REIT) that owns and operates high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company's portfolio focuses on necessity-based goods and services, such as grocery stores, which drive frequent shopping trips. As of March 31, 2026, Kimco owned interests in 565 U.S. shopping centers and mixed-use assets totaling 100 million square feet of gross leasable space. The company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment for over 65 years.

Kimco Realty Corporation is publicly traded on the New York Stock Exchange (NYSE) under the symbol KIM-PL. The company's shares are denominated in US dollars (USD). Kimco has been listed on the NYSE since 1991 and is also included in the S&P 500 Index.

Kimco Realty Corporation operates in the Real Estate sector and specifically within the REIT - Retail industry. As a real estate investment trust, Kimco owns and manages income-producing retail properties, primarily grocery-anchored shopping centers. The company's focus on essential, necessity-based retail tenants aligns with the REIT - Retail industry, which involves owning and leasing retail real estate to generate rental income.

Kimco Realty Corporation is based in Jericho, New York, and was incorporated in Maryland in 1958. The company's portfolio is strategically concentrated in the first-ring suburbs of major metropolitan markets across the United States, including high-barrier-to-entry coastal markets and Sun Belt cities. This geographic focus targets densely populated areas with strong demographics, supporting the company's grocery-anchored and necessity-based retail strategy.

Kimco Realty Corporation generates revenue primarily by leasing space in its shopping centers and mixed-use properties to tenants. The company's tenant mix emphasizes essential, necessity-based goods and services, such as grocery stores, which drive frequent shopping trips and stable rental income. Additionally, Kimco engages in value-enhancing redevelopment activities to improve its properties and increase rental yields. As a REIT, Kimco is required to distribute at least 90% of its taxable income to shareholders as dividends, making rental income the core of its business model.