Kite Realty Group Trust (KRG) Stock Price, News & Analysis

Company Overview

Kite Realty Group Trust (NYSE: KRG) is a publicly traded real estate investment trust focused on the ownership, development and management of open-air shopping centers and mixed-use retail properties. The company’s portfolio spans neighborhood and community shopping centers, power centers and lifestyle centers, anchored by grocery stores, discount retailers and dining and entertainment tenants. Kite Realty’s integrated platform offers property management, leasing, development and redevelopment services aimed at enhancing asset value and generating long-term income streams.

Headquartered in Indianapolis, Indiana, Kite Realty traces its roots to the mid-1990s and has expanded through a combination of strategic acquisitions and ground-up developments. Over time, the trust has redeployed capital into high-growth submarkets, focusing on major population centers across the United States, including regions in the Sun Belt, Southwest and Midwest. This geographic diversification allows Kite Realty to capture demographic trends and cater to evolving consumer preferences in both dense urban corridors and growing suburban markets.

In addition to managing a core portfolio of existing assets, Kite Realty maintains an active development pipeline. The company partners with national and regional tenants to deliver tailored retail solutions, ranging from lifestyle centers featuring restaurants and entertainment venues to omnichannel fulfillment centers that support e-commerce operations. Through disciplined capital allocation and a commitment to sustainable design, Kite Realty integrates environmentally conscious building practices and technology-driven amenities to meet the needs of tenants and shoppers alike.

Leadership at Kite Realty Group Trust includes Barry T. Eagle, President and Chief Executive Officer, and Thomas A. August, Executive Vice President and Chief Investment Officer. Together with a seasoned executive team and an independent board of trustees, the company emphasizes corporate governance, risk management and community engagement. By combining local market expertise with institutional resources, Kite Realty continues to evolve its portfolio and deliver value to shareholders, tenants and communities.

Key Stats

• Today's Range: $22.10 to $22.70
• 50-Day Range: $21.41 to $23.30
• 52-Week Range: $18.52 to $28.24
• Volume: 1.72 million shs
• Average Volume: 1.72 million shs
• Market Capitalization: $4.88 billion
• P/E Ratio: 316.86
• Dividend Yield: 4.87%
• Price Target: $27.22
• Consensus Rating: Hold

Kite Realty Group Trust Stock Analysis - MarketRank™

Kite Realty Group Trust scored higher than 75% of companies evaluated by MarketBeat, and ranked 372nd out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Kite Realty Group Trust has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Kite Realty Group Trust has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 5.85%

Earnings Growth

Earnings for Kite Realty Group Trust are expected to grow by 5.85% in the coming year, from $2.05 to $2.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kite Realty Group Trust is 316.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kite Realty Group Trust is 316.86, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.99.

Price to Earnings Growth Ratio

Kite Realty Group Trust has a PEG Ratio of 6.90. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Kite Realty Group Trust has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.47% of the float of Kite Realty Group Trust has been sold short.

Short Interest Ratio / Days to Cover

Kite Realty Group Trust has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Kite Realty Group Trust has recently decreased by 7.54%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Kite Realty Group Trust is a leading dividend payer. It pays a dividend yield of 4.77%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Kite Realty Group Trust has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Kite Realty Group Trust is 1,542.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 49.77% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.7 / 5
• Environmental Score: -2.32

Percentage of Shares Shorted

4.47% of the float of Kite Realty Group Trust has been sold short.

Short Interest Ratio / Days to Cover

Kite Realty Group Trust has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Kite Realty Group Trust has recently decreased by 7.54%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.67

News Sentiment

Kite Realty Group Trust has a news sentiment score of 1.67. 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 0.93 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Kite Realty Group Trust this week, compared to 6 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kite Realty Group Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.00% of the stock of Kite Realty Group Trust is held by insiders.

Percentage Held by Institutions

90.81% 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.

KRG Stock Analysis - Frequently Asked Questions

How have KRG shares performed this year?

Kite Realty Group Trust's stock was trading at $25.24 on January 1st, 2025. Since then, KRG shares have decreased by 12.1% and is now trading at $22.18.

How were Kite Realty Group Trust's earnings last quarter?

Kite Realty Group Trust (NYSE:KRG) announced its quarterly earnings data on Tuesday, April, 29th. The real estate investment trust reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.02. The real estate investment trust had revenue of $221.76 million for the quarter, compared to the consensus estimate of $211.07 million. Kite Realty Group Trust had a net margin of 1.59% and a trailing twelve-month return on equity of 0.41%.
Read the conference call transcript.

When did Kite Realty Group Trust's stock split?

Shares of Kite Realty Group Trust reverse split on 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.

Who are Kite Realty Group Trust's major shareholders?

Kite Realty Group Trust's top institutional shareholders include Public Employees Retirement System of Ohio (0.14%), Wealth Enhancement Advisory Services LLC (0.03%), Sumitomo Mitsui DS Asset Management Company Ltd (0.02%) and IFM Investors Pty Ltd (0.02%). Insiders that own company stock include Steven P Grimes, John A Kite, Charles H Wurtzebach and Gerald M Gorski.
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.

What other stocks do shareholders of Kite Realty Group Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kite Realty Group Trust investors own include JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Home Depot (HD), Walmart (WMT) and Chevron (CVX).

Company Calendar

• Record date for 4/16 Dividend: 4/09/2025
• Ex-Dividend for 4/16 Dividend: 4/09/2025
• Dividend Payable: 4/16/2025
• Last Earnings: 4/29/2025
• Record date for 7/16 Dividend: 7/09/2025
• Ex-Dividend for 7/16 Dividend: 7/09/2025
• Today: 7/15/2025
• Dividend Payable: 7/16/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - RETAIL
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:KRG
• CIK: 1286043
• Web: www.kiterealty.com
• Phone: (317) 577-5600
• Fax: 317-557-5605
• Employees: 240
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Kite Realty Group Trust: $27.22
• High Price Target: $32.00
• Low Price Target: $24.00
• Potential Upside/Downside: +22.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.44
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.07
• Trailing P/E Ratio: 316.86
• Forward P/E Ratio: 10.82
• P/E Growth: 6.9
• Net Income: $4.07 million
• Net Margins: 1.59%
• Pretax Margin: -0.30%
• Return on Equity: 0.41%
• Return on Assets: 0.20%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 1.07
• Quick Ratio: 1.07

Sales & Book Value

• Annual Sales: $841.84 million
• Price / Sales: 5.79
• Cash Flow: $1.69 per share
• Price / Cash Flow: 13.10
• Book Value: $15.09 per share
• Price / Book: 1.47

Miscellaneous

• Outstanding Shares: 219,810,000
• Free Float: 215,416,000
• Market Cap: $4.88 billion
• Optionable: Optionable
• Beta: 1.09