1. Kimco Realty secured an ‘A3’ credit rating with stable outlook from Moody's. 2. This rating places Kimco among top REITs monitored by major agencies. 3. Strong performance attributed to grocery-anchored center portfolio and financial management. 4. Kimco continues to focus on growth amid operational excellence and market access. 5. Company's strategic positioning targets high-barrier coastal and Sun Belt markets.
FAQ
Why Bullish?
The upgrade in credit rating enhances investor confidence and indicates financial stability. REITs with higher ratings often enjoy lower borrowing costs and can attract more investment.
How important is it?
The article highlights a significant credit upgrade, which can boost investor perception and stock value. Given Kimco's solid operational and financial metrics, this news is influential for stock performance.
Why Long Term?
The credit rating upgrade positions Kimco well for future growth, improving stability over time. Historically, companies with better credit ratings experience prolonged positive market responses.
Kimco Realty Achieves ‘A3’ Credit Rating from Moody's
JERICHO, New York, Dec. 03, 2025 (GLOBE NEWSWIRE) – Kimco Realty® (NYSE: KIM), a prominent real estate investment trust (REIT) specializing in high-quality, grocery-anchored shopping centers and mixed-use properties across the United States, has announced that it has attained an ‘A3’ credit rating with a stable outlook from Moody's Investors Service. This designation places Kimco among an exclusive group of REITs recognized with A-level ratings from the leading national credit rating agencies.
Factors Contributing to the Credit Rating Upgrade
Moody’s attributed the upgrade to Kimco’s strong portfolio of predominantly grocery-anchored shopping centers, which have shown impressive operational performance. Key highlights include:
- Strong same-property net operating income growth
- Double-digit leasing spreads
- Prudent financial structure characterized by moderate leverage, robust interest coverage, and ample liquidity
Leadership Insights
Glenn Cohen, Executive Vice President and Chief Financial Officer of Kimco Realty (NYSE: KIM), expressed optimism regarding the credit upgrade. He stated, “Receiving our third A-level rating strongly affirms our operational excellence, robust access to financial markets, and disciplined capital allocation, all of which have enabled us to deliver consistent earnings growth. We are eager to continue building on this momentum.”
About Kimco Realty
Founded in 1991, Kimco Realty (NYSE: KIM) is a leader in the ownership and operation of open-air shopping centers and mixed-use properties. The company’s portfolio strategically targets first-ring suburbs in key metropolitan markets, including:
- High-barrier coastal markets
- Sun Belt cities
Kimco Realty focuses on necessity-based goods and services that encourage frequent customer visits. As of September 30, 2025, the company owns interests in 564 shopping centers and mixed-use assets, totaling approximately 100 million square feet of gross leasable space.
Investor Communications
Kimco Realty emphasizes transparency in its operations, announcing significant information to investors via:
- Company's investor relations website: investors.kimcorealty.com
- SEC filings
- Press releases
- Public conference calls and webcasts
The company also engages with its stakeholders through social media platforms such as Facebook and LinkedIn.
Safe Harbor Statement
This announcement may contain certain forward-looking statements as defined by the Securities Act of 1933 and the Securities Exchange Act of 1934. Such statements are identifiable by terms like “expect,” “anticipate,” and “plan.” Interested parties should be cautious, as these statements involve risks and uncertainties that may affect actual results.