Positive News SentimentPositive NewsNYSE:KRG Kite Realty Group Trust (KRG) Stock Price, News & Analysis → It's time to ween off Chinese lithium! (From Smallcaps Daily) (Ad) Free KRG Stock Alerts $22.15 -0.12 (-0.54%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$21.89▼$22.2550-Day Range$19.92▼$22.2752-Week Range$19.64▼$24.26Volume1.44 million shsAverage Volume1.77 million shsMarket Capitalization$4.86 billionP/E Ratio85.20Dividend Yield4.51%Price Target$26.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Kite Realty Group Trust alerts: Email Address Kite Realty Group Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside19.2% Upside$26.40 Price TargetShort InterestHealthy2.65% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.27Upright™ Environmental ScoreNews Sentiment1.62Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth3.90%From $2.05 to $2.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.10 out of 5 starsFinance Sector275th out of 816 stocksReal Estate Investment Trusts Industry46th out of 172 stocks 2.2 Analyst's Opinion Consensus RatingKite Realty Group Trust has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageKite Realty Group Trust has only been the subject of 2 research reports in the past 90 days.Read more about Kite Realty Group Trust's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.65% of the outstanding shares of Kite Realty Group Trust have been sold short.Short Interest Ratio / Days to CoverKite Realty Group Trust has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kite Realty Group Trust has recently decreased by 5.51%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipKite Realty Group Trust is a leading dividend payer. It pays a dividend yield of 4.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKite Realty Group Trust has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Kite Realty Group Trust is 384.63%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 46.95% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend.Read more about Kite Realty Group Trust's dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKite Realty Group Trust has received a -19.87% net impact score from Upright. The largest negative impact of Kite Realty in category "GHG emissions" seems to be driven mostly by its "Real estate funds investing in retail stores", "Real estate funds investing in shopping centers", and "Shopping mall space leasing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Kite Realty Group Trust is -2.27. Previous Next 3.7 News and Social Media Coverage News SentimentKite Realty Group Trust has a news sentiment score of 1.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.04 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Kite Realty Group Trust this week, compared to 2 articles on an average week.Search Interest1 people have searched for KRG on MarketBeat in the last 30 days. MarketBeat FollowsOnly 4 people have added Kite Realty Group Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kite Realty Group Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of Kite Realty Group Trust is held by insiders.Percentage Held by Institutions90.81% of the stock of Kite Realty Group Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Kite Realty Group Trust's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Kite Realty Group Trust are expected to grow by 3.90% in the coming year, from $2.05 to $2.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is 85.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Kite Realty Group Trust is 85.20, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 57.38.Price to Earnings Growth RatioKite Realty Group Trust has a PEG Ratio of 5.59. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKite Realty Group Trust has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Kite Realty Group Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Smallcaps DailyIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promising companies to be watching closelyLearn how this American company is leading the lithium-ion revolution About Kite Realty Group Trust Stock (NYSE:KRG)Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company's primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of December 31, 2023, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.1 million square feet of gross leasable space.Read More KRG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRG Stock News HeadlinesMay 30, 2024 | seekingalpha.comKite Realty Group: Prime Point Of Entry To Profit From Potential Multiple ExpansionMay 24, 2024 | finance.yahoo.com2 Top Retail REITs With Yields Over 4% to Buy in MayMay 2, 2024 | finance.yahoo.comKite Realty Group Trust (NYSE:KRG) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comKite Realty Group Trust (KRG) Q1 2024 Earnings Call Transcript Highlights: Strategic Execution ...May 2, 2024 | finance.yahoo.comQ1 2024 Kite Realty Group Trust Earnings CallMay 2, 2024 | gurufocus.comQ1 2024 Kite Realty Group Trust Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comKite Realty Group Trust (KRG) Surpasses Analyst Estimates with Strong Q1 2024 EarningsApril 30, 2024 | globenewswire.comKite Realty Group Trust Reports First Quarter 2024 Operating ResultsApril 18, 2024 | markets.businessinsider.comBuy Rating on Kite Realty Group: Undervalued Stock with Strong Growth PotentialApril 18, 2024 | investorplace.com3 Russell 2000 Stocks to Buy Now: Q2 EditionApril 18, 2024 | msn.comKite Realty raised to Buy as Jefferies calls it 'underappreciated'April 16, 2024 | seekingalpha.comKite Realty: Near 52-Week Low With 5% Yield Makes It A BuyApril 3, 2024 | finance.yahoo.comKRG: Raising target price to $23.00March 20, 2024 | globenewswire.comKite Realty Group Trust to Report First Quarter 2024 Financial Results on April 30, 2024March 13, 2024 | finance.yahoo.comFitch Upgrades Kite Realty Group Trust’s Rating Outlook to ‘Positive’ from ‘Stable’March 13, 2024 | globenewswire.comFitch Upgrades Kite Realty Group Trust's Rating Outlook to ‘Positive' from ‘Stable'March 1, 2024 | finance.yahoo.comKite Realty Group Trust (KRG)February 29, 2024 | globenewswire.comKite Realty Group Trust to Present at the Citi 2024 Global Property CEO ConferenceFebruary 29, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Real Estate Companies: Kite Realty Group (KRG) and Service Properties (SVC)February 27, 2024 | markets.businessinsider.comAnalysts’ Top Real Estate Picks: Kite Realty Group (KRG), SBA Communications (SBAC)February 26, 2024 | globenewswire.comKite Realty Group Trust Upgraded by Moody's to Baa2 with Stable OutlookFebruary 14, 2024 | seekingalpha.comKite Realty Group Trust 2023 Q4 - Results - Earnings Call PresentationFebruary 13, 2024 | finance.yahoo.comKite Realty Group Trust Reports Fourth Quarter and Full Year 2023 Operating Results and Provides 2024 GuidanceFebruary 13, 2024 | finance.yahoo.comKite Realty Group Trust (KRG) Reports Solid Earnings Growth and Robust Leasing Activity in Q4 ...February 13, 2024 | globenewswire.comKite Realty Group Trust Reports Fourth Quarter and Full Year 2023 Operating Results and Provides 2024 GuidanceSee More Headlines Receive KRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kite Realty Group Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/28/2022Ex-Dividend for 4/12 Dividend4/04/2024Dividend Payable4/12/2024Today6/09/2024Ex-Dividend for 7/16 Dividend7/09/2024Dividend Payable7/16/2024Next Earnings (Estimated)7/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:KRG CUSIP49803T10 CIK1286043 Webwww.kiterealty.com Phone(317) 577-5600Fax317-557-5605Employees229Year FoundedN/APrice Target and Rating Average Stock Price Target$26.40 High Stock Price Target$30.00 Low Stock Price Target$23.00 Potential Upside/Downside+19.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.26 Trailing P/E Ratio85.20 Forward P/E Ratio10.80 P/E Growth5.59Net Income$47.50 million Net Margins6.83% Pretax Margin6.14% Return on Equity1.56% Return on Assets0.79% Debt Debt-to-Equity Ratio0.90 Current Ratio2.72 Quick Ratio2.72 Sales & Book Value Annual Sales$823 million Price / Sales5.91 Cash Flow$2.06 per share Price / Cash Flow10.75 Book Value$16.27 per share Price / Book1.36Miscellaneous Outstanding Shares219,600,000Free Float215,212,000Market Cap$4.86 billion OptionableOptionable Beta1.28 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for June 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. John A. Kite (Age 58)Chairman of the Board of Trustees & CEO Comp: $3.84MMr. Thomas K. McGowan (Age 59)President & COO Comp: $1.68MMr. Heath R. Fear (Age 55)Executive VP & CFO Comp: $1.71MMr. David E. Buell (Age 42)Senior VP & Chief Accounting Officer Comp: $331.48kMr. Tyler HenshawSenior Vice President of Capital Markets, Investor Relations & Corporate FinanceMr. Pat CaseySenior VP & CTOMr. Dean PapadakisSenior VP, Chief Legal Officer & Corporate SecretaryMr. Bryan McCarthySenior Vice President of Corporate Marketing & CommunicationsMs. Mellissa M. Boggs SPHRExecutive Vice President of Employee ExperienceMr. Mark JenkinsSenior Vice President of DevelopmentMore ExecutivesKey CompetitorsKimco RealtyNYSE:KIMFederal Realty Investment TrustNYSE:FRTNNN REITNYSE:NNNAgree RealtyNYSE:ADCMacerichNYSE:MACView All CompetitorsInsiders & InstitutionsDekaBank Deutsche GirozentraleSold 97,791 shares on 6/4/2024Ownership: 0.023%Boston PartnersBought 34,670 shares on 5/28/2024Ownership: 0.016%Bluefin Capital Management LLCBought 62,500 shares on 5/20/2024Ownership: 0.028%EMC Capital ManagementBought 9,600 shares on 5/20/2024Ownership: 0.004%Bayesian Capital Management LPBought 6,700 shares on 5/16/2024Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions KRG Stock Analysis - Frequently Asked Questions Should I buy or sell Kite Realty Group Trust stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KRG, but not buy additional shares or sell existing shares. View KRG analyst ratings or view top-rated stocks. What is Kite Realty Group Trust's stock price target for 2024? 5 brokers have issued 1 year price objectives for Kite Realty Group Trust's stock. Their KRG share price targets range from $23.00 to $30.00. On average, they predict the company's stock price to reach $26.40 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price. View analysts price targets for KRG or view top-rated stocks among Wall Street analysts. How have KRG shares performed in 2024? Kite Realty Group Trust's stock was trading at $22.86 at the start of the year. Since then, KRG shares have decreased by 3.1% and is now trading at $22.15. View the best growth stocks for 2024 here. Are investors shorting Kite Realty Group Trust? Kite Realty Group Trust saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 6,170,000 shares, an increase of 5.5% from the April 15th total of 5,850,000 shares. Based on an average trading volume of 1,970,000 shares, the short-interest ratio is currently 3.1 days. View Kite Realty Group Trust's Short Interest. When is Kite Realty Group Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024. View our KRG earnings forecast. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) released its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.48. Kite Realty Group Trust had a trailing twelve-month return on equity of 1.56% and a net margin of 6.83%. During the same quarter last year, the company posted $0.34 earnings per share. How often does Kite Realty Group Trust pay dividends? What is the dividend yield for Kite Realty Group Trust? Kite Realty Group Trust announced a quarterly dividend on Friday, April 26th. Investors of record on Tuesday, July 9th will be given a dividend of $0.25 per share on Tuesday, July 16th. This represents a $1.00 annualized dividend and a yield of 4.51%. The ex-dividend date of this dividend is Tuesday, July 9th. Read our dividend analysis for KRG. Is Kite Realty Group Trust a good dividend stock? Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.51%. KRG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 384.63%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KRG will have a dividend payout ratio of 46.95% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KRG. What ETFs hold Kite Realty Group Trust's stock? ETFs with the largest weight of Kite Realty Group Trust (NYSE:KRG) stock in their portfolio include JPMorgan Active Small Cap Value ETF (JPSV), iShares US Credit Bond ETF (CRED), U.S. Diversified Real Estate ETF (PPTY), FlexShares Global Quality Real Estate Index Fund (GQRE), SPDR Dow Jones REIT ETF (RWR), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE), Principal U.S. Small-Cap Multi-Factor ETF (PSC) and First Trust S&P REIT Index Fund (FRI). When did Kite Realty Group Trust's stock split? Kite Realty Group Trust's stock reverse split on the morning of Tuesday, August 12th 2014. The 1-4 reverse split was announced on Tuesday, July 22nd 2014. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 11th 2014. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split. What guidance has Kite Realty Group Trust issued on next quarter's earnings? Kite Realty Group Trust issued an update on its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 2.020-2.080 for the period, compared to the consensus earnings per share estimate of 2.020. The company issued revenue guidance of -. What is John A. Kite's approval rating as Kite Realty Group Trust's CEO? 11 employees have rated Kite Realty Group Trust Chief Executive Officer John A. Kite on Glassdoor.com. John A. Kite has an approval rating of 50% among the company's employees. This puts John A. Kite in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Kite Realty Group Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kite Realty Group Trust investors own include New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Innovative Industrial Properties (IIPR), AT&T (T), Brixmor Property Group (BRX), Energy Transfer (ET), Medical Properties Trust (MPW), Ventas (VTR), Simon Property Group (SPG) and Who are Kite Realty Group Trust's major shareholders? Kite Realty Group Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.30%), William Blair Investment Management LLC (0.89%), BROOKFIELD Corp ON (0.51%), Kennedy Capital Management LLC (0.47%), Principal Financial Group Inc. (0.43%) and LSV Asset Management (0.42%). Insiders that own company stock include Charles H Wurtzebach, Gerald M Gorski, John A Kite and Steven P Grimes. View institutional ownership trends. How do I buy shares of Kite Realty Group Trust? Shares of KRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:KRG) was last updated on 6/10/2024 by MarketBeat.com Staff From Our PartnersIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promi...Smallcaps Daily | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredRSVP: Charles Payne’s Cash Flow WorkshopDid you know you could "cash flow" the stocks in your portfolio? Without selling a single share of stock? ...Unstoppable Prosperity | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kite Realty Group Trust Please log in to your account or sign up in order to add this asset to your watchlist. Share Kite Realty Group Trust With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.