Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to tenants in desirable markets through our portfolio of open-air shopping centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:KRG
CUSIP49803T10
Phone317-577-5600
Debt
Debt-to-Equity Ratio1.04
Current Ratio0.84
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio7.68
Forward P/E Ratio7.84
P/E Growth1.93
Sales & Book Value
Annual Sales$358.82 million
Price / Sales3.65
Cash Flow$2.0245 per share
Price / Cash7.74
Book Value$18.74 per share
Price / Book0.84
Profitability
EPS (Most Recent Fiscal Year)$2.04
Net Income$11.87 million
Net Margins-4.92%
Return on Equity-1.14%
Return on Assets-0.51%
Miscellaneous
Employees147
Outstanding Shares83,670,000
Market Cap$1.39 billion
Kite Realty Group Trust (NYSE:KRG) Frequently Asked Questions
What is Kite Realty Group Trust's stock symbol?
Kite Realty Group Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRG."
How often does Kite Realty Group Trust pay dividends? What is the dividend yield for Kite Realty Group Trust?
Kite Realty Group Trust announced a quarterly dividend on Friday, August 31st. Investors of record on Friday, October 5th will be paid a dividend of $0.3175 per share on Friday, October 12th. This represents a $1.27 annualized dividend and a yield of 8.10%. The ex-dividend date is Thursday, October 4th. This is a positive change from Kite Realty Group Trust's previous quarterly dividend of $0.32. View Kite Realty Group Trust's Dividend History.
When did Kite Realty Group Trust's stock split? How did Kite Realty Group Trust's stock split work?
Kite Realty Group Trust's stock reverse split before market open 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 market closes on Monday, August 11th 2014. An investor that had 100 shares of Kite Realty Group Trust stock prior to the reverse split would have 25 shares after the split.
How were Kite Realty Group Trust's earnings last quarter?
Kite Realty Group Trust (NYSE:KRG) announced its quarterly earnings data on Wednesday, August, 1st. The real estate investment trust reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.03. The real estate investment trust earned $91.70 million during the quarter, compared to analysts' expectations of $88.08 million. Kite Realty Group Trust had a negative net margin of 4.92% and a negative return on equity of 1.14%. The business's revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.54 EPS. View Kite Realty Group Trust's Earnings History.
When is Kite Realty Group Trust's next earnings date?
How can I listen to Kite Realty Group Trust's earnings call?
Kite Realty Group Trust will be holding an earnings conference call on Thursday, November 1st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8443090605.
What guidance has Kite Realty Group Trust issued on next quarter's earnings?
Kite Realty Group Trust updated its FY18 earnings guidance on Wednesday, August, 1st. The company provided EPS guidance of $1.98-$2.01 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.00.
What price target have analysts set for KRG?
8 brokerages have issued twelve-month target prices for Kite Realty Group Trust's stock. Their forecasts range from $15.00 to $23.00. On average, they expect Kite Realty Group Trust's share price to reach $18.1667 in the next year. This suggests a possible upside of 15.9% from the stock's current price. View Analyst Price Targets for Kite Realty Group Trust.
What is the consensus analysts' recommendation for Kite Realty Group Trust?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kite Realty Group Trust.
Who are some of Kite Realty Group Trust's key competitors?
Some companies that are related to Kite Realty Group Trust include Healthcare Trust Of America (HTA), Medical Properties Trust (MPW), Howard Hughes (HHC), CubeSmart (CUBE), Brixmor Property Group (BRX), EPR Properties (EPR), Highwoods Properties (HIW), Hospitality Properties Trust (HPT), Hammerson (HMSNF), Life Storage (LSI), JBG SMITH Properties (JBGS), Ryman Hospitality Properties (RHP), Gramercy Property Trust (GPT), Rayonier (RYN) and Senior Housing Properties Trust (SNH).
Who are Kite Realty Group Trust's key executives?
Kite Realty Group Trust's management team includes the folowing people:
- Mr. John A. Kite, Chairman & CEO (Age 52)
- Mr. Thomas K. McGowan, Pres and Chief Operating Officer (Age 53)
- Mr. Scott E. Murray, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)
- Mr. David E. Buell, Sr. VP & Chief Accounting Officer (Age 36)
- Mr. Wade Achenbach, Sr. VP, Capital Markets & Corp. Treasurer
Who are Kite Realty Group Trust's major shareholders?
Kite Realty Group Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.88%), Timbercreek Investment Management Inc. (0.39%), State of Alaska Department of Revenue (0.06%), Goodwin Daniel L (0.05%), Bank of Montreal Can (0.03%) and Ramsey Quantitative Systems (0.03%). Company insiders that own Kite Realty Group Trust stock include Charles H Wurtzebach, John A Kite, Thomas K Mcgowan, Thomas R Olinger and William E Bindley. View Institutional Ownership Trends for Kite Realty Group Trust.
Which institutional investors are selling Kite Realty Group Trust stock?
KRG stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., State of Alaska Department of Revenue and Gofen & Glossberg LLC IL. Company insiders that have sold Kite Realty Group Trust company stock in the last year include John A Kite, Thomas K Mcgowan and Thomas R Olinger. View Insider Buying and Selling for Kite Realty Group Trust.
Which institutional investors are buying Kite Realty Group Trust stock?
KRG stock was purchased by a variety of institutional investors in the last quarter, including Ramsey Quantitative Systems, Timbercreek Investment Management Inc., Bank of Montreal Can and Goodwin Daniel L. Company insiders that have bought Kite Realty Group Trust stock in the last two years include Charles H Wurtzebach and William E Bindley. View Insider Buying and Selling for Kite Realty Group Trust.
How do I buy shares of Kite Realty Group Trust?
Shares of KRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Kite Realty Group Trust's stock price today?
One share of KRG stock can currently be purchased for approximately $15.67.
How big of a company is Kite Realty Group Trust?
Kite Realty Group Trust has a market capitalization of $1.39 billion and generates $358.82 million in revenue each year. The real estate investment trust earns $11.87 million in net income (profit) each year or $2.04 on an earnings per share basis. Kite Realty Group Trust employs 147 workers across the globe.
What is Kite Realty Group Trust's official website?
How can I contact Kite Realty Group Trust?
Kite Realty Group Trust's mailing address is 30 S MERIDIAN STREET SUITE 1100, INDIANAPOLIS IN, 46204. The real estate investment trust can be reached via phone at 317-577-5600 or via email at [email protected]
MarketBeat Community Rating for Kite Realty Group Trust (NYSE KRG)
MarketBeat's community ratings are surveys of what our community members think about Kite Realty Group Trust and other stocks. Vote "Outperform" if you believe KRG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KRG will underperform the S&P 500 over the long term. You may vote once every thirty days.
