Q3 EPS Forecast for Kite Realty Group Trust Cut by Analyst

Key Points

• KeyCorp lowered its Q3 2026 EPS forecast for Kite Realty Group Trust to $0.52 from $0.53, while maintaining a “Sector Weight” rating. The full-year consensus EPS estimate is $2.10.
• KRG’s latest quarterly results exceeded expectations, with EPS of $0.79 versus the $0.11 consensus estimate, although revenue of $196.26 million fell slightly short of forecasts. The company reaffirmed FY 2026 EPS guidance of $2.06–$2.12.
• The REIT will pay a quarterly dividend of $0.29 per share on October 16, representing an annualized $1.16 payout and a 4.4% yield. Analysts collectively rate the stock “Hold,” with an average price target of $30.14 versus its recent $26.46 price.

Kite Realty Group Trust (NYSE:KRG - Free Report) - Equities research analysts at KeyCorp cut their Q3 2026 EPS estimates for Kite Realty Group Trust in a note issued to investors on Monday, August 17th. KeyCorp analyst T. Thomas now anticipates that the real estate investment trust will post earnings per share of $0.52 for the quarter, down from their previous estimate of $0.53. KeyCorp currently has a "Sector Weight" rating on the stock. The consensus estimate for Kite Realty Group Trust's current full-year earnings is $2.10 per share. KeyCorp also issued estimates for Kite Realty Group Trust's Q2 2027 earnings at $0.53 EPS and Q4 2027 earnings at $0.55 EPS.

KRG has been the subject of a number of other research reports. Piper Sandler reissued a "neutral" rating and set a $33.00 price objective (up from $27.00) on shares of Kite Realty Group Trust in a research report on Tuesday, July 21st. Jefferies Financial Group upgraded Kite Realty Group Trust to a "hold" rating in a report on Friday, June 26th. Wall Street Zen upgraded Kite Realty Group Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 1st. Citigroup reiterated a "neutral" rating and issued a $31.00 target price (up from $27.00) on shares of Kite Realty Group Trust in a research note on Monday, August 3rd. Finally, LADENBURG THALM/SH SH increased their price target on shares of Kite Realty Group Trust from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, Kite Realty Group Trust currently has an average rating of "Hold" and an average target price of $30.14.

Kite Realty Group Trust Trading Down 0.1%

Kite Realty Group Trust stock opened at $26.46 on Wednesday. Kite Realty Group Trust has a 12 month low of $21.33 and a 12 month high of $29.92. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. The stock has a market cap of $5.30 billion, a P/E ratio of 16.33, a P/E/G ratio of 3.90 and a beta of 0.86. The company's fifty day simple moving average is $28.30 and its 200-day simple moving average is $26.64.

Kite Realty Group Trust (NYSE:KRG - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.68. Kite Realty Group Trust had a net margin of 41.80% and a return on equity of 11.26%. The firm had revenue of $196.26 million for the quarter, compared to analyst estimates of $197.32 million. Kite Realty Group Trust has set its FY 2026 guidance at 2.060-2.120 EPS.

Institutional Trading of Kite Realty Group Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KRG. Centersquare Investment Management LLC raised its stake in shares of Kite Realty Group Trust by 1.3% in the 4th quarter. Centersquare Investment Management LLC now owns 8,236,790 shares of the real estate investment trust's stock valued at $197,436,000 after buying an additional 105,830 shares in the last quarter. Norges Bank acquired a new stake in shares of Kite Realty Group Trust during the 4th quarter valued at about $61,863,000. UBS Group AG boosted its position in shares of Kite Realty Group Trust by 37.3% during the 4th quarter. UBS Group AG now owns 962,606 shares of the real estate investment trust's stock valued at $23,074,000 after acquiring an additional 261,630 shares in the last quarter. M&T Bank Corp boosted its position in shares of Kite Realty Group Trust by 6,888.0% during the 4th quarter. M&T Bank Corp now owns 971,265 shares of the real estate investment trust's stock valued at $23,281,000 after acquiring an additional 957,366 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its stake in Kite Realty Group Trust by 58.1% in the fourth quarter. Handelsbanken Fonder AB now owns 102,033 shares of the real estate investment trust's stock valued at $2,446,000 after acquiring an additional 37,500 shares during the period. Institutional investors and hedge funds own 90.81% of the company's stock.

Kite Realty Group Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 9th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, October 9th. Kite Realty Group Trust's payout ratio is currently 71.60%.

Kite Realty Group Trust Company Profile

Kite Realty Group Trust NYSE: KRG is a real estate investment trust that specializes in the ownership, development and management of open-air retail real estate. Headquartered in Indianapolis, Indiana, the company focuses on acquiring, developing and operating community and neighborhood shopping centers, as well as mixed-use properties that accommodate national, regional and local retailers.

Established in 1994, Kite Realty has grown its portfolio through strategic development projects, targeted acquisitions and selective dispositions.

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