Kite Realty Group Trust (KRG) Expected to Announce Quarterly Earnings on Wednesday

Kite Realty Group Trust (NYSE:KRG - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $211.74 million for the quarter. Kite Realty Group Trust has set its FY 2025 guidance at 2.040-2.100 EPS.

Kite Realty Group Trust (NYSE:KRG - Get Free Report) last announced its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.02. The company had revenue of $221.76 million during the quarter, compared to analyst estimates of $211.07 million. Kite Realty Group Trust had a net margin of 1.59% and a return on equity of 0.41%. On average, analysts expect Kite Realty Group Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kite Realty Group Trust Trading Down 0.6%

Shares of Kite Realty Group Trust stock traded down $0.14 on Friday, reaching $22.66. The company had a trading volume of 1,372,368 shares, compared to its average volume of 1,449,528. The firm's 50 day moving average price is $22.45 and its two-hundred day moving average price is $22.37. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.07 and a current ratio of 1.07. Kite Realty Group Trust has a 52-week low of $18.51 and a 52-week high of $28.24. The firm has a market cap of $4.98 billion, a PE ratio of 323.64, a PEG ratio of 6.90 and a beta of 1.09.

Kite Realty Group Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 16th. Shareholders of record on Wednesday, July 9th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 4.77%. The ex-dividend date was Wednesday, July 9th. Kite Realty Group Trust's payout ratio is 1,542.86%.

Institutional Investors Weigh In On Kite Realty Group Trust

A hedge fund recently raised its stake in Kite Realty Group Trust stock. AQR Capital Management LLC lifted its stake in shares of Kite Realty Group Trust (NYSE:KRG - Free Report) by 32.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 80,984 shares of the real estate investment trust's stock after buying an additional 19,731 shares during the quarter. AQR Capital Management LLC's holdings in Kite Realty Group Trust were worth $1,797,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 90.81% of the company's stock.

Analyst Ratings Changes

KRG has been the subject of several research analyst reports. Raymond James Financial lowered their price target on Kite Realty Group Trust from $28.00 to $26.00 and set a "strong-buy" rating for the company in a research report on Friday, May 23rd. UBS Group began coverage on Kite Realty Group Trust in a report on Tuesday, July 1st. They set a "neutral" rating and a $24.00 target price for the company. Finally, Wall Street Zen lowered shares of Kite Realty Group Trust from a "buy" rating to a "hold" rating in a research note on Friday, June 27th. Seven investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Kite Realty Group Trust currently has a consensus rating of "Hold" and an average target price of $27.22.

Kite Realty Group Trust Company Profile

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.