Kite Realty Group Trust Company Profile (NYSE:KRG)

About Kite Realty Group Trust

Kite Realty Group Trust logoKite Realty Group Trust is a real estate investment trust. The Company, through its subsidiary Kite Realty Group, L.P., holds interests in various operating subsidiaries and joint ventures engaged in the ownership, operation, acquisition, development and redevelopment of neighborhood and community shopping centers in certain markets in the United States. The Company holds interests in approximately three development projects under construction, and over six redevelopment projects. The Company holds interests in approximately 110 retail operating properties totaling over 20 million square feet of gross leasable area located in approximately 20 states. The Company's properties include Clay Marketplace and Trussville Promenade in Birmingham, Alabama; The Corner in Tucson, Arizona; Rampart Commons in Las Vegas, Nevada; Merrimack Village Center in Merrimack, New Hampshire; Bayonne Crossing in Bayonne, New Jersey, and Memorial Commons in Golsboro, North Carolina.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: KRG
  • CUSIP: 49803T10
Key Metrics:
  • Previous Close: $28.61
  • 50 Day Moving Average: $28.61
  • 200 Day Moving Average: $27.96
  • 52-Week Range: $23.23 - $30.45
  • Trailing P/E Ratio: 572.20
  • Foreward P/E Ratio: 13.25
  • P/E Growth: 3.03
  • Market Cap: $2.39B
  • Outstanding Shares: 83,385,000
  • Beta: 0.91
Profitability:
  • Net Margins: 3.88%
  • Return on Equity: 0.80%
  • Return on Assets: 0.36%
Debt:
  • Debt-to-Equity Ratio: 1.05%
  • Current Ratio: 0.94%
  • Quick Ratio: 0.94%
Additional Links:
Companies Related to Kite Realty Group Trust:

Analyst Ratings

Consensus Ratings for Kite Realty Group Trust (NYSE:KRG) (?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $31.80 (11.15% upside)

Analysts' Ratings History for Kite Realty Group Trust (NYSE:KRG)
Show:
DateFirmActionRatingPrice TargetDetails
8/25/2016BTIG ResearchInitiated CoverageBuy$35.00View Rating Details
8/1/2016Hilliard LyonsDowngradeBuy -> NeutralView Rating Details
7/22/2016Barclays PLCInitiated CoverageOverweight$33.00View Rating Details
5/2/2016Raymond James Financial Inc.DowngradeStrong-Buy -> Outperform$30.00View Rating Details
4/1/2016DA DavidsonInitiated CoverageBuy$33.00View Rating Details
1/7/2016Robert W. BairdDowngradeOutperform -> Neutral$32.00 -> $28.00View Rating Details
4/22/2015Sandler O'NeillInitiated CoverageHoldView Rating Details
3/20/2015Citigroup Inc.Boost Price TargetBuy$30.50 -> $32.00View Rating Details
1/20/2015Cowen and CompanyInitiated CoverageMarket Perform$33.00View Rating Details
1/5/2015Stifel NicolausBoost Price TargetBuy$29.00 -> $31.00View Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for Kite Realty Group Trust (NYSE:KRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
7/28/2016Q216$0.51$0.52$87.30 million$87.58 millionViewN/AView Earnings Details
4/28/2016Q116$0.50$0.52$87.34 million$88.55 millionViewN/AView Earnings Details
2/4/2016Q415$0.50$0.50$87.50 million$89.30 millionViewN/AView Earnings Details
10/29/2015Q3$0.49$0.51$85.91 million$87.40 millionViewListenView Earnings Details
7/29/2015Q2$0.48$0.49$84.62 million$83.70 millionViewListenView Earnings Details
4/30/2015Q115$0.49$0.50$85.94 million$86.80 millionViewN/AView Earnings Details
2/5/2015Q414$0.51$0.50$89.50 million$87.45 millionViewN/AView Earnings Details
11/3/2014Q314$0.45$0.51$87.12 million$88.58 millionViewN/AView Earnings Details
7/31/2014Q214$0.13$0.13$42.25 million$40.84 millionViewListenView Earnings Details
5/1/2014Q413$0.12$0.13$39.20 million$42.60 millionViewListenView Earnings Details
2/21/2014Q4$0.11$0.11$33.38 million$36.00 millionViewListenView Earnings Details
11/1/2013Q313$0.11$0.13$29.66 million$32.67 millionViewListenView Earnings Details
8/2/2013Q213$0.10$0.10$27.83 million$30.90 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.11$0.14$28.37 million$32.10 millionViewListenView Earnings Details
2/7/2013Q4 2012$0.11$0.11$28.82 millionViewListenView Earnings Details
11/1/2012Q312$0.11$0.11$26.26 millionViewN/AView Earnings Details
8/2/2012$0.11$0.11ViewN/AView Earnings Details
5/3/2012$0.11$0.11ViewN/AView Earnings Details
11/2/2011$0.11$0.11ViewN/AView Earnings Details
8/4/2011$0.11$0.12ViewN/AView Earnings Details
5/5/2011$0.10$0.10ViewN/AView Earnings Details
2/16/2011$0.11$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Kite Realty Group Trust (NYSE:KRG)
Current Year EPS Consensus Estimate: $2.05 EPS
Next Year EPS Consensus Estimate: $2.16 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20163$0.50$0.52$0.51
Q3 20162$0.52$0.52$0.52
Q4 20163$0.51$0.52$0.52
Q1 20171$0.52$0.52$0.52
Q2 20171$0.53$0.53$0.53
Q3 20171$0.55$0.55$0.55
Q4 20171$0.55$0.55$0.55
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Kite Realty Group Trust (NYSE:KRG)
Annual Dividend:$1.15
Dividend Yield:4.02%
Dividend Growth:3.90% (3 Year Average)
Payout Ratio:1,916.99% (Based on Trailing 12 Months of Earnings)
56.10% (Based on Current Year Consensus EPS Estimate)
53.24% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Kite Realty Group Trust (NYSE:KRG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/12/2016quarterly$0.293.93%10/4/201610/6/201610/13/2016
6/17/2016quarterly$0.294.25%7/5/20167/7/20167/14/2016
2/5/2016quarterly$0.294.26%4/4/20164/6/20164/13/2016
12/2/2015quarterly$0.274.12%1/4/20161/6/20161/13/2016
9/21/2015quarterly$0.274.49%10/2/201510/6/201510/13/2015
5/13/2015quarterly$0.274.12%7/2/20157/7/20157/14/2015
2/9/2015quarterly$0.273.74%4/1/20154/6/20154/13/2015
12/23/2014quarterly$0.263.62%1/2/20151/6/20151/13/2015
9/19/2014quarterly$0.2610/2/201410/6/201410/13/2014
6/13/2014quarterly$0.074.33%6/20/20146/24/20147/1/2014
3/20/2014quarterly$0.074.28%4/3/20144/7/20144/14/2014
12/24/2013quarterly$0.063.65%1/2/20141/6/20141/13/2014
9/19/2013quarterly$0.064.03%10/2/201310/4/201310/11/2013
6/17/2013quarterly$0.063.99%7/2/20137/5/20137/12/2013
3/18/2013quarterly$0.063.61%4/3/20134/5/20134/12/2013
12/19/2012quarterly$0.064.41%1/2/20131/4/20131/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Kite Realty Group Trust (NYSE:KRG)
Insider Ownership Percentage: 1.19%
Institutional Ownership Percentage: 91.15%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/1/2016Daniel R SinkVPSell16,625$29.95$497,918.75View SEC Filing  
8/1/2016John A KiteCEOSell33,000$30.09$992,970.00View SEC Filing  
8/1/2016Thomas R OlingerCAOSell5,500$30.22$166,210.00View SEC Filing  
2/10/2016Thomas R. OlingerCAOSell2,283$26.36$60,179.88View SEC Filing  
12/1/2015John A. KiteCEOSell10,000$27.11$271,100.00View SEC Filing  
6/22/2015John A KiteCEOSell10,000$27.03$270,300.00View SEC Filing  
12/23/2013John KiteCEOSell50,000$6.55$327,500.00View SEC Filing  
12/23/2013Thomas McgowanCOOSell133,560$6.50$868,140.00View SEC Filing  
8/27/2013John A KiteCEOSell60,000$5.98$358,800.00View SEC Filing  
6/6/2013John A KiteCEOSell29,990$6.00$179,940.00View SEC Filing  
12/3/2012John A KiteCEOSell60,000$5.40$324,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Kite Realty Group Trust (NYSE:KRG)
DateHeadline
stocksdaily.net logoKite Realty Group Trust (NYSE:KRG) EPS Forecast At $0.51? (NYSE:KRG)
www.stocksdaily.net - September 26 at 5:56 PM
News IconInteresting KRG Put And Call Options For May 2017 (NYSE:KRG)
www.stockoptionschannel.com - September 19 at 5:52 PM
publicnow.com logoKite Realty Group Trust Announces Pricing of Inaugural $300 Million Public Offering of Senior Unsecured Notes (NYSE:KRG)
www.publicnow.com - September 15 at 3:47 PM
feeds.reuters.com logoBRIEF-Kite Realty Group Trust announces pricing of $300 mln public offering of senior unsecured notes (NYSE:KRG)
feeds.reuters.com - September 15 at 2:15 PM
nasdaq.com logoRelative Strength Alert For Kite Realty Group Trust (NYSE:KRG)
www.nasdaq.com - September 15 at 9:14 AM
biz.yahoo.com logoKITE REALTY GROUP TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:KRG)
biz.yahoo.com - August 24 at 8:57 AM
publicnow.com logoKite Realty Group Trust to Report Third Quarter 2016 Financial Results on October 27, 2016 (NYSE:KRG)
www.publicnow.com - August 22 at 5:55 PM
stocksdaily.net logoKite Realty Group Trust (NYSE:KRG): The Buzzing Stock (NYSE:KRG)
www.stocksdaily.net - August 20 at 10:00 AM
streetinsider.com logoKite Realty Group Trust (KRG) Declares $0.2875 Quarterly Dividend; 4% Yield (NYSE:KRG)
www.streetinsider.com - August 11 at 6:07 PM
publicnow.com logoKite Realty Group Trust Announces Quarterly Common Dividend (NYSE:KRG)
www.publicnow.com - August 11 at 6:07 PM
finance.yahoo.com logoKITE REALTY GROUP TRUST Financials (NYSE:KRG)
finance.yahoo.com - August 6 at 6:01 PM
biz.yahoo.com logoKITE REALTY GROUP TRUST Files SEC form 10-Q, Quarterly Report (NYSE:KRG)
biz.yahoo.com - August 2 at 10:42 AM
feeds.benzinga.com logoHilliard Lyons Analysts Positive On Kite Realty, Despite Downgrade (NYSE:KRG)
feeds.benzinga.com - August 1 at 4:55 PM
seekingalpha.com logoKite Realty Group's (KRG) CEO John Kite on Q2 2016 Results - Earnings Call Transcript (NYSE:KRG)
seekingalpha.com - July 31 at 10:04 AM
finance.yahoo.com logoEdited Transcript of KRG earnings conference call or presentation 29-Jul-16 2:00pm GMT (NYSE:KRG)
finance.yahoo.com - July 30 at 12:01 AM
feeds.reuters.com logoBRIEF-Kite Realty says entered 5th amended and restated credit agreement (NYSE:KRG)
feeds.reuters.com - July 29 at 5:22 PM
biz.yahoo.com logoKITE REALTY GROUP TRUST Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financia (NYSE:KRG)
biz.yahoo.com - July 29 at 4:20 PM
sg.finance.yahoo.com logoKite Realty Group reports 2Q results (NYSE:KRG)
sg.finance.yahoo.com - July 29 at 6:35 AM
biz.yahoo.com logoQ2 2016 Kite Realty Group Trust Earnings Release - After Market Close (NYSE:KRG)
biz.yahoo.com - July 28 at 7:07 AM
breakingfinancenews.com logoBarclays Capital disclosed (NYSE:KRG) Kite Realty Group Trust, bumping up its stock price target to $33 today (NYSE:KRG)
breakingfinancenews.com - July 23 at 5:33 PM
News IconHow These Retail REIT's Stocks are Performing? - Brixmor Property, Macerich, Tanger Factory Outlet Centers, and Kite Realty (NYSE:KRG)
www.kswo.com - July 7 at 8:49 AM
bizjournals.com logoMichael Glimcher out at WP Glimcher; company name change coming (NYSE:KRG)
www.bizjournals.com - June 21 at 3:22 PM
wsj.com logoWP Glimcher CEO Michael Glimcher Steps Down (NYSE:KRG)
www.wsj.com - June 21 at 10:22 AM
bizjournals.com logoWP Glimcher responds to merger talks report (NYSE:KRG)
www.bizjournals.com - June 14 at 6:20 AM
bizjournals.com logoWP Glimcher responds to report saying it's in merger talks (NYSE:KRG)
www.bizjournals.com - June 13 at 3:56 PM
seekingalpha.com logoKite Realty Could Be Biting Off More Than It Can Chew (NYSE:KRG)
seekingalpha.com - June 11 at 5:59 PM
seekingalpha.com logoReuters: Kite Realty and WP Glimcher in merger talks (NYSE:KRG)
seekingalpha.com - June 9 at 8:48 AM
reuters.com logoExclusive: Kite Realty in bid to merge with WP Glimcher - sources (NYSE:KRG)
in.reuters.com - June 8 at 6:11 PM
sg.finance.yahoo.com logoExclusive - Kite Realty in bid to merge with WP Glimcher: sources (NYSE:KRG)
sg.finance.yahoo.com - June 8 at 5:37 PM
bloomberg.com logoWP Glimcher Jumps After Report of Merger Talks With Kite Realty (NYSE:KRG)
www.bloomberg.com - June 8 at 4:35 PM
publicnow.com logoKite Realty Group Trust to Audio Webcast Presentation at NAREIT’s Investor Forum (NYSE:KRG)
www.publicnow.com - May 31 at 4:33 PM
publicnow.com logoKite Realty Group Trust to Report Second Quarter 2016 Financial Results on July 28, 2016 (NYSE:KRG)
www.publicnow.com - May 20 at 4:33 PM
biz.yahoo.com logoKITE REALTY GROUP TRUST Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:KRG)
biz.yahoo.com - May 16 at 5:08 PM
finance.yahoo.com logoKite Realty downgraded by Raymond James (NYSE:KRG)
finance.yahoo.com - May 2 at 8:14 AM
finance.yahoo.com logoEdited Transcript of KRG earnings conference call or presentation 29-Apr-16 1:00pm GMT (NYSE:KRG)
finance.yahoo.com - April 29 at 1:41 PM
sg.finance.yahoo.com logoKite Realty Group reports 1Q results (NYSE:KRG)
sg.finance.yahoo.com - April 28 at 6:33 PM
publicnow.com logoKite Realty Group Trust Reports First Quarter Results; Grows Same-Property Net Operating Income By 3.4% (NYSE:KRG)
www.publicnow.com - April 28 at 4:26 PM
biz.yahoo.com logoQ1 2016 Kite Realty Group Trust Earnings Release - After Market Close (NYSE:KRG)
biz.yahoo.com - April 28 at 7:07 AM
bizjournals.com logoGuitar Center signs deal to open third Triangle store (NYSE:KRG)
www.bizjournals.com - April 11 at 11:55 AM
forbes.com logoEx-Dividend Reminder: Quest Diagnostics, Kite Realty Group Trust and Erie Indemnity (NYSE:KRG)
www.forbes.com - March 31 at 11:05 AM
finance.yahoo.com logoKite Realty Group Trust to Report First Quarter 2016 Financial Results on April 28, 2016 (NYSE:KRG)
finance.yahoo.com - March 10 at 4:17 PM
finance.yahoo.com logoKite Realty Group Trust to Present at the Citi 2016 Global Property CEO Conference (NYSE:KRG)
finance.yahoo.com - March 8 at 4:17 PM
biz.yahoo.com logoKITE REALTY GROUP TRUST Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:KRG)
biz.yahoo.com - March 4 at 5:20 PM
biz.yahoo.com logoKITE REALTY GROUP TRUST Files SEC form 10-K, Annual Report (NYSE:KRG)
biz.yahoo.com - February 26 at 8:29 PM
businesswire.com logoKite Realty Group Trust Announces Annual Shareholder Meeting - Business Wire (press release) (NYSE:KRG)
www.businesswire.com - February 18 at 3:00 PM
finance.yahoo.com logoKite Realty Group Trust Announces Annual Shareholder Meeting (NYSE:KRG)
finance.yahoo.com - February 17 at 4:17 PM
stocksdaily.net logoKite Realty Group Trust (NYSE:KRG) Turns Into Buzzing Stock - Stocks Daily (NYSE:KRG)
www.stocksdaily.net - February 14 at 1:09 PM
News IconStock Price Target Estimate For Kite Realty Group Trust (NYSE:KRG) (NYSE:KRG)
investmentunderground.com - February 12 at 2:20 PM
News IconRevenue Update on Kite Realty Group Trust(NYSE:KRG) - Street Edition (NYSE:KRG)
www.streetedition.net - February 10 at 2:12 PM
investornewswire.com logoRatings and Sentiment Alert: Kite Realty Group Trust (NYSE:KRG) - Investor Newswire (NYSE:KRG)
www.investornewswire.com - February 9 at 1:39 PM

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Kite Realty Group Trust (NYSE:KRG) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff