Kimco Realty Corporation (KIM) Stock Valuation — PE Analysis
REIT - Retail · NYSE
Current Price
$25.91
PE Ratio (TTM)
28.2x
Intrinsic Value
$21.93
-18.2% margin of safety
COMPETITIVE MOAT
↑Prime Suburban Locations
Kimco's portfolio is concentrated in high-quality, densely populated suburban markets. This strategic positioning provides a stable tenant base and consistent demand for retail space.
↑Anchor Tenant Relationships
Strong relationships with national anchor tenants like grocery stores and pharmacies drive foot traffic. This attracts smaller, complementary retailers, creating a synergistic ecosystem.
↑Scale and Diversification
As a large retail REIT, Kimco benefits from economies of scale in property management and leasing. Diversification across numerous properties and tenants mitigates single-asset risk.
INVESTMENT RISKS
↓E-commerce Competition
The ongoing shift to online shopping continues to challenge brick-and-mortar retail. Kimco must adapt by curating tenant mixes that offer experiential value or essential services.
↓Interest Rate Sensitivity
As a real estate investment trust, Kimco's profitability is sensitive to interest rate fluctuations. Rising rates can increase borrowing costs and impact property valuations.
↓Tenant Defaults
Economic downturns or specific tenant financial distress can lead to lease defaults. This directly impacts rental income and occupancy rates for Kimco's properties.
Base case
KIM base case PE valuation
A base case PE valuation for KIM estimates a fair value of about $21.93 per share, against a current price of $25.91. The model assumes 2.6% annual earnings growth, a 28x target PE multiple, and a 10% discount rate.
Intrinsic Value
$21.93
Margin of safety
-18.2%
Expected annual return
-3.3%
Base case assumptions: 2.6% annual earnings growth, 28x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the KIM PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Kimco Realty Corporation respond.
Open PE Calculator for KIMCompany Overview
Kimco Realty Corporation (NYSE:KIM), headquartered in Jericho, N.Y., operates as a real estate investment trust (REIT). It stands as one of North America's preeminent publicly traded entities dedicated to the ownership and operation of open-air, grocery-anchored shopping centers and diverse mixed-use developments. With a substantial portfolio reported as of September 30, 2020, Kimco held interests in 400 properties across the U.S. These holdings collectively encompass 70 million square feet of gross leasable area, predominantly situated within America's top metropolitan markets. Having traded publicly on the New York Stock Exchange since 1991 and recognized as a constituent of the S&P 500 Index, the company boasts over six decades of expertise. This extensive experience spans the acquisition, development, and ongoing management of shopping centers.
Financial Metrics — KIM PE Stock Valuation Data
PE Ratio (TTM)
28.2x
PEG Ratio
1.98
Earnings Yield
3.54%
ROE (TTM)
5.9%
Revenue/Share (TTM)
$3.22
Dividend Yield
3.98%
Debt/Equity
0.80x
Frequently Asked Questions
What is the PE ratio of KIM?
The trailing twelve-month PE ratio of KIM reflects how much investors pay per dollar of Kimco Realty Corporation's earnings. This metric is most useful when compared to REIT - Retail peers and the company's own historical range.
Is KIM overvalued based on PE ratio?
KIM's PE of 28.2x combined with a PEG ratio of 1.98 provides a growth-adjusted perspective. A PEG near 1.0 suggests the PE ratio is reasonably justified by the earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical REIT - Retail, a DCF analysis may be more appropriate.
How do I value KIM stock using PE ratio?
To value Kimco Realty Corporation using PE: (1) Compare the current PE (28.2x) against the REIT - Retail median to assess relative pricing, (2) check the PEG ratio (1.98) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of KIM?
KIM's PEG ratio is 1.98, calculated by dividing the PE ratio (28.2x) by the expected earnings growth rate. A PEG near 1.0 suggests the stock is fairly priced relative to growth. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for KIM stock valuation?
PE ratio gives a quick relative read — how KIM is priced versus REIT - Retail peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See KIM DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Real Estate valuationsP/E and DCF value KIM with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.