Kite Realty Group Trust Stock Forecast, Price & News

Kite Realty Group Trust's stock was trading at $14.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KRG shares have decreased by 30.7% and is now trading at $10.35.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Kite Realty Group Trust is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Kite Realty Group Trust.

Kite Realty Group Trust (NYSE:KRG) posted its earnings results on Wednesday, October, 28th. The real estate investment trust reported ($0.05) EPS for the quarter, meeting the Zacks' consensus estimate of ($0.05). Kite Realty Group Trust had a negative return on equity of 0.73% and a negative net margin of 3.27%.
View Kite Realty Group Trust's earnings history.

Kite Realty Group Trust declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Friday, October 2nd will be given a dividend of $0.08 per share on Friday, October 9th. This represents a $0.32 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Thursday, October 1st. This is an increase from Kite Realty Group Trust's previous quarterly dividend of $0.05.
View Kite Realty Group Trust's dividend history.

Kite Realty Group Trust shares 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.

9 brokers have issued 12-month target prices for Kite Realty Group Trust's stock. Their forecasts range from $11.00 to $18.00. On average, they anticipate Kite Realty Group Trust's stock price to reach $13.40 in the next twelve months. This suggests a possible upside of 29.5% from the stock's current price.
View analysts' price targets for Kite Realty Group Trust.

Kite Realty Group Trust saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 4,840,000 shares, an increase of 16.3% from the September 30th total of 4,160,000 shares. Based on an average trading volume of 537,500 shares, the days-to-cover ratio is presently 9.0 days. Approximately 5.8% of the company's stock are sold short.
View Kite Realty Group Trust's Short Interest.

Some companies that are related to Kite Realty Group Trust include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Alexander's (ALX), Retail Opportunity Investments (ROIC), Retail Properties of America (RPAI), Getty Realty (GTY), The Macerich (MAC) and Acadia Realty Trust (AKR).
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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 Brookfield Property Partners (BPY).

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 number of institutional and retail investors. Top institutional investors include LSV Asset Management (1.06%), Foundry Partners LLC (0.54%), State of New Jersey Common Pension Fund D (0.23%), Nisa Investment Advisors LLC (0.06%), Dupont Capital Management Corp (0.06%) and Louisiana State Employees Retirement System (0.05%). Company insiders that own Kite Realty Group Trust stock include John A Kite and R Fear Heath.
View institutional ownership trends for Kite Realty Group Trust.

KRG stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, and Foundry Partners LLC.
View insider buying and selling activity for Kite Realty Group Trust.

KRG stock was bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Dupont Capital Management Corp, Emerald Mutual Fund Advisers Trust, Louisiana State Employees Retirement System, Nisa Investment Advisors LLC, Eii Capital Management Inc., Arrow Investment Advisors LLC, and First Midwest Bank Trust Division.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of KRG stock can currently be purchased for approximately $10.35.

Kite Realty Group Trust has a market capitalization of $871.64 million and generates $315.17 million in revenue each year. The real estate investment trust earns $-530,000.00 in net income (profit) each year or $1.66 on an earnings per share basis. Kite Realty Group Trust employs 133 workers across the globe.

The official website for Kite Realty Group Trust is www.kiterealty.com.

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]