Jericho, New York-based Kimco Realty Corporation (KIM) is a real estate investment trust (REIT). With a market cap of $15.1 billion, it specializes in owning and operating open-air, grocery-anchored shopping centers across North America alongside a growing portfolio of mixed-use assets.
The real estate major has substantially underperformed the broader market over the past year. KIM is up 10.1% over the past 52-week period and down 5.2% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 20.9% returns over the past year and 1.9% gains in 2025.
