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

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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.

7 equities research analysts have issued 1-year price objectives for Kite Realty Group Trust's shares. Their KRG share price forecasts range from $23.00 to $28.00. On average, they expect the company's stock price to reach $25.86 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price.
View analysts price targets for KRG or view top-rated stocks among Wall Street analysts.

Kite Realty Group Trust's stock was trading at $21.05 at the beginning of 2023. Since then, KRG shares have increased by 1.7% and is now trading at $21.41.
View the best growth stocks for 2023 here.

Kite Realty Group Trust saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 4,760,000 shares, a drop of 10.2% from the August 31st total of 5,300,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 3.7 days.
View Kite Realty Group Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our KRG earnings forecast.

Kite Realty Group Trust will be holding an earnings conference call on Tuesday, October 31st at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Kite Realty Group Trust (NYSE:KRG) issued its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported ($0.08) earnings per share 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 0.76% and a net margin of 3.47%. During the same quarter in the previous year, the company earned $0.34 earnings per share.

Kite Realty Group Trust announced a quarterly dividend on Friday, July 28th. Investors of record on Friday, October 6th will be given a dividend of $0.24 per share on Friday, October 13th. This represents a $0.96 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date is Thursday, October 5th.
Read our dividend analysis for KRG.

ETFs with the largest weight of Kite Realty Group Trust (NYSE:KRG) stock in their portfolio include First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Invesco Dorsey Wright Financial Momentum ETF (PFI), JPMorgan Active Small Cap Value ETF (JPSV), iShares US Credit Bond ETF (CRED), FlexShares Global Quality Real Estate Index Fund (GQRE), SPDR Dow Jones REIT ETF (RWR), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and First Trust S&P REIT Index Fund (FRI).

Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.46%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 800.07%. 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 46.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KRG.

Shares of Kite Realty Group Trust 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.

Kite Realty Group Trust issued an update on its FY 2023 earnings guidance on Monday, July, 31st. The company provided earnings per share (EPS) guidance of $1.96-$2.00 for the period, compared to the consensus estimate of $1.95. The company issued revenue guidance of -.

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.

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

Kite Realty Group Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRG."

Kite Realty Group Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.24%), State Street Corp (6.08%), JPMorgan Chase & Co. (5.98%), Cohen & Steers Inc. (3.16%), Geode Capital Management LLC (2.21%) and Nuveen Asset Management LLC (1.65%). Insiders that own company stock include Charles H Wurtzebach, Gerald M Gorski, John A Kite and Steven P Grimes.
View institutional ownership trends.

Shares of KRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of KRG stock can currently be purchased for approximately $21.41.

Kite Realty Group Trust (NYSE:KRG) has a market capitalization of $4.70 billion and generates $802 million in revenue each year. The real estate investment trust earns $-12,640,000.00 in net income (profit) each year or $0.12 on an earnings per share basis.

The company employs 236 workers across the globe.

Kite Realty Group Trust's mailing address is 30 S MERIDIAN STREET SUITE 1100, INDIANAPOLIS IN, 46204. The official website for the company is www.kiterealty.com. The real estate investment trust can be reached via phone at (317) 577-5600, via email at hfear@kiterealty.com, or via fax at 317-557-5605.