Kite Realty Group Trust Stock Price, News & Analysis (NYSE:KRG) $22.75 +0.75 (+3.41%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$21.93▼$22.7650-Day Range$19.80▼$22.7552-Week Range$18.77▼$24.26Volume2.14 million shsAverage Volume1.57 million shsMarket Capitalization$4.99 billionP/E Ratio133.82Dividend Yield4.40%Price Target$25.57 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Kite Realty Group Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside12.4% Upside$25.57 Price TargetShort InterestBearish3.14% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.30Upright™ Environmental ScoreNews Sentiment0.19Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth1.49%From $2.02 to $2.05 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.76 out of 5 starsFinance Sector651st out of 822 stocksReal Estate Investment Trusts Industry127th out of 174 stocks 2.1 Analyst's Opinion Consensus RatingKite Realty Group Trust has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.57, Kite Realty Group Trust has a forecasted upside of 12.4% from its current price of $22.75.Amount of Analyst CoverageKite Realty Group Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.14% of the outstanding shares of Kite Realty Group Trust have been sold short.Short Interest Ratio / Days to CoverKite Realty Group Trust has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Kite Realty Group Trust has recently increased by 31.80%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipKite Realty Group Trust is a leading dividend payer. It pays a dividend yield of 4.36%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKite Realty Group Trust has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Kite Realty Group Trust is 588.24%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 48.78% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKite Realty Group Trust has received a -18.39% net impact score from Upright. The largest negative impact of Kite Realty in category "GHG emissions" seems to be driven mostly by its "Real estate funds investing in shopping centers", "Real estate funds investing in retail stores", and "Shopping mall space leasing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Kite Realty Group Trust is -2.30. Previous Next 2.3 News and Social Media Coverage News SentimentKite Realty Group Trust has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Kite Realty Group Trust this week, compared to 2 articles on an average week.Search Interest3 people have searched for KRG on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Kite Realty Group Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kite Realty Group Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.30% of the stock of Kite Realty Group Trust is held by insiders.Percentage Held by Institutions97.22% of the stock of Kite Realty Group Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Kite Realty Group Trust are expected to grow by 1.49% in the coming year, from $2.02 to $2.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is 133.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 116.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Kite Realty Group Trust is 133.82, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 44.05.Price to Earnings Growth RatioKite Realty Group Trust has a PEG Ratio of 3.97. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKite Realty Group Trust has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kite Realty Group Trust Stock (NYSE:KRG)Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company's primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of September 30, 2023, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.3 million square feet of gross leasable space.Read More KRG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRG Stock News HeadlinesDecember 5, 2023 | americanbankingnews.comBrokers Issue Forecasts for Kite Realty Group Trust's FY2023 Earnings (NYSE:KRG)November 28, 2023 | markets.businessinsider.comWells Fargo Reaffirms Their Sell Rating on Kite Realty Group (KRG)December 5, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 28, 2023 | seekingalpha.comKite Realty's Mark-To-Market Growth Is Not Priced InNovember 15, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: AMERICAN HOTEL (OtherAHOTF), Blackstone Secured Lending Fund (BXSL) and Kite Realty Group (KRG)November 15, 2023 | benzinga.comKite Realty Gr Trust Stock (NYSE:KRG), Analyst Ratings, Price Targets, PredictionsOctober 30, 2023 | finance.yahoo.comKite Realty Group Trust (KRG) Reports Q3 2023 Operating ResultsOctober 27, 2023 | finance.yahoo.comThe 7 Best REITs To Buy Now: October 2023December 5, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.September 20, 2023 | finance.yahoo.comKite Realty Group Trust to Report Third Quarter 2023 Financial Results on October 30, 2023September 11, 2023 | finance.yahoo.comREIT Downgrades Cast Gloomy Note As September BeginsSeptember 7, 2023 | seekingalpha.comKite Realty: Get It While It's HotAugust 10, 2023 | finance.yahoo.comKite Realty Group (KRG) is a Great Momentum Stock: Should You Buy?August 2, 2023 | finance.yahoo.comQ2 2023 Kite Realty Group Trust Earnings CallAugust 1, 2023 | seekingalpha.comKite Realty Group Trust 2023 Q2 - Results - Earnings Call PresentationJuly 26, 2023 | finance.yahoo.comKite Realty Group Trust Publishes Annual Corporate Responsibility ReportJuly 18, 2023 | finance.yahoo.comWhat Makes Kite Realty Group (KRG) a Strong Momentum Stock: Buy Now?July 13, 2023 | finance.yahoo.comKite Realty Group Trust (KRG) Hits Fresh High: Is There Still Room to Run?June 28, 2023 | finance.yahoo.comKite Realty Group Trust to Report Second Quarter 2023 Financial Results on July 31, 2023June 25, 2023 | markets.businessinsider.comKite Realty Group (KRG) Receives a Buy from BarclaysJune 23, 2023 | finance.yahoo.comSynchrony Financial (SYF) Expands Longstanding Ties With CCAJune 23, 2023 | seekingalpha.comKite Realty's 4.6% Dividend Yield Is Safe As Bed Bath & Beyond Ceases TradingJune 23, 2023 | seekingalpha.comKite Realty: Undervalued And UnderappreciatedJune 16, 2023 | markets.businessinsider.comRaymond James Sticks to Its Buy Rating for Kite Realty Group (KRG)May 25, 2023 | bizjournals.comDhanani Private Equity Group acquires shopping center, land for apartment complex in Montgomery CountyMay 24, 2023 | msn.comWells Fargo Initiates Coverage of Kite Realty Group Trust (KRG) with Underweight RecommendationMay 8, 2023 | msn.comPiper Sandler Maintains Kite Realty Group Trust (KRG) Overweight RecommendationSee More Headlines Receive KRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kite Realty Group Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/28/2022Ex-Dividend for 10/13 Dividend10/05/2023Dividend Payable10/13/2023Today12/04/2023Fiscal Year End12/31/2023Ex-Dividend for 1/12 Dividend1/04/2024Dividend Payable1/12/2024Next Earnings (Estimated)2/12/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:KRG CUSIP49803T10 CIK1286043 Webwww.kiterealty.com Phone(317) 577-5600Fax317-557-5605Employees236Year FoundedN/APrice Target and Rating Average Stock Price Target$25.57 High Stock Price Target$28.00 Low Stock Price Target$21.00 Potential Upside/Downside+12.4%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.17 Trailing P/E Ratio133.82 Forward P/E Ratio11.26 P/E Growth3.97Net Income$-12,640,000.00 Net Margins4.64% Pretax Margin4.51% Return on Equity1.04% Return on Assets0.53% Debt Debt-to-Equity Ratio0.79 Current Ratio0.83 Quick Ratio0.83 Sales & Book Value Annual Sales$827.42 million Price / Sales6.03 Cash Flow$2.09 per share Price / Cash Flow10.91 Book Value$17.21 per share Price / Book1.32Miscellaneous Outstanding Shares219,387,000Free Float216,535,000Market Cap$4.99 billion OptionableOptionable Beta1.35 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. John A. Kite (Age 57)Chairman of the Board of Trustees & CEO Comp: $3.83MMr. Thomas K. McGowan (Age 58)President & COO Comp: $1.68MMr. Heath R. Fear (Age 54)Executive VP & CFO Comp: $1.75MMr. David E. Buell (Age 41)Senior VP & Chief Accounting Officer Comp: $331.48kMr. Tyler HenshawSenior Vice President of Capital Markets, Investor Relations & Corporate FinanceMr. Pat CaseySenior VP & CTOMr. Dean PapadakisSenior VP, Chief Legal Officer & Corporate SecretaryMr. Bryan McCarthySenior Vice President of Corporate Marketing & CommunicationsMs. Mellissa M. Boggs SPHRExecutive Vice President of Employee ExperienceMr. Mark JenkinsSenior Vice President of DevelopmentMore ExecutivesKey CompetitorsAgree RealtyNYSE:ADCTanger Factory Outlet CentersNYSE:SKTMacerichNYSE:MACNNN REITNYSE:NNNRetail Opportunity InvestmentsNASDAQ:ROICView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 380,964 shares on 12/1/2023Ownership: 0.174%American Century Companies Inc.Sold 33,128 shares on 11/30/2023Ownership: 2.164%Deutsche Bank AGBought 508,102 shares on 11/24/2023Ownership: 3.439%Walleye Capital LLCBought 413,236 shares on 11/21/2023Ownership: 0.360%Walleye Trading LLCBought 62,961 shares on 11/21/2023Ownership: 0.029%View All Insider TransactionsView All Institutional Transactions KRG Stock Analysis - Frequently Asked Questions Should I buy or sell Kite Realty Group Trust stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 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. What is Kite Realty Group Trust's stock price target for 2024? 6 equities research analysts have issued 12 month target prices for Kite Realty Group Trust's shares. Their KRG share price targets range from $21.00 to $28.00. On average, they anticipate the company's stock price to reach $25.57 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View analysts price targets for KRG or view top-rated stocks among Wall Street analysts. How have KRG shares performed in 2023? Kite Realty Group Trust's stock was trading at $21.05 at the beginning of 2023. Since then, KRG shares have increased by 8.1% and is now trading at $22.75. View the best growth stocks for 2023 here. Are investors shorting Kite Realty Group Trust? Kite Realty Group Trust saw a increase in short interest in November. As of November 15th, there was short interest totaling 6,880,000 shares, an increase of 31.8% from the October 31st total of 5,220,000 shares. Based on an average daily volume of 1,640,000 shares, the short-interest ratio is presently 4.2 days. View Kite Realty Group Trust's Short Interest. When is Kite Realty Group Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024. View our KRG earnings forecast. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) released its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.40 by $0.48. Kite Realty Group Trust had a net margin of 4.64% and a trailing twelve-month return on equity of 1.04%. During the same quarter in the previous year, the business posted $0.34 earnings per share. 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, October 27th. Shareholders of record on Friday, January 5th will be paid a dividend of $0.25 per share on Friday, January 12th. This represents a $1.00 annualized dividend and a dividend yield of 4.40%. The ex-dividend date is Thursday, January 4th. This is a positive change from the stock's previous quarterly dividend of $0.24. Read our dividend analysis for KRG. Is Kite Realty Group Trust a good dividend stock? Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.36%. 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 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 588.24%. 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 48.78% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KRG. What ETFs hold Kite Realty Group Trust's stock? 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). When did Kite Realty Group Trust's stock split? 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 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. What guidance has Kite Realty Group Trust issued on next quarter's earnings? Kite Realty Group Trust updated its FY23 earnings guidance on Monday, October, 30th. The company provided earnings per share (EPS) guidance of $1.99-2.03 for the period, compared to the consensus estimate of $1.97. What is John A. Kite's approval rating as Kite Realty Group Trust's CEO? 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. What other stocks do shareholders of Kite Realty Group Trust own? 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 Who are Kite Realty Group Trust's major shareholders? Kite Realty Group Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (5.72%), Deutsche Bank AG (3.44%), Deutsche Bank AG (3.44%), Fuller & Thaler Asset Management Inc. (2.54%), American Century Companies Inc. (2.16%) and Northern Trust Corp (1.52%). Insiders that own company stock include Charles H Wurtzebach, Gerald M Gorski, John A Kite and Steven P Grimes. View institutional ownership trends. How do I buy shares of Kite Realty Group Trust? 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. This page (NYSE:KRG) was last updated on 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kite Realty Group Trust Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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