Kimco Realty Corp (KIM) is overvalued and Regency Centers Corp (REG) is overvalued.
Both trade above our estimate of their intrinsic value. KIM is the closer of the two: -53%, against -100% for REG.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $14.78; the price of $22.55 is 53% above that value, and 80% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $36.76; the price of $73.53 is 100% above that value, and 79% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | KIM | REG |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $22.55 | $73.53 |
| Intrinsic value | $14.78 | $36.76 |
| Margin of safety | -53% | -100% |
| Leak Score | 0/100 (2/12) | 0/100 (2/12) |
| Market cap | $15.1B | $13.5B |
| Revenue growth, 5 years | 15.3% | 7.5% |
| Operating margin | 34.5% | 37.3% |
| Net margin | 26.1% | 33.5% |
| Return on equity | 5.8% | 8.2% |
| Debt to equity | 0.89 | 0.80 |
| P/E | 26.4x | 24.8x |
| Forward P/E | 25.5x | 28.9x |
| P/B | 1.5x | 2.0x |
| Dividend yield | 4.8% | 4.1% |