NYSE:KRG Kite Realty Group Trust (KRG) Stock Price, News & Analysis $24.07 +0.40 (+1.69%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$23.71▼$24.1250-Day Range$20.86▼$24.1252-Week Range$19.64▼$24.26Volume1.19 million shsAverage Volume1.66 million shsMarket Capitalization$5.29 billionP/E Ratio92.58Dividend Yield4.15%Price Target$26.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Kite Realty Group Trust alerts: Email Address Kite Realty Group Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside8.0% Upside$26.00 Price TargetShort InterestHealthy2.35% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.29Upright™ Environmental ScoreNews Sentiment1.28Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth3.41%From $2.05 to $2.12 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.33 out of 5 starsFinance Sector408th out of 898 stocksReal Estate Investment Trusts Industry77th out of 181 stocks 1.2 Analyst's Opinion Consensus RatingKite Realty Group Trust has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageKite Realty Group Trust has only been the subject of 1 research reports in the past 90 days.Read more about Kite Realty Group Trust's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.35% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kite Realty Group Trust has recently increased by 8.61%, 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 4.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKite Realty Group Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kite Realty Group Trust is 384.63%. 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 47.17% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend.Read more about Kite Realty Group Trust's dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKite Realty Group Trust has received a -21.52% 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 retail stores", "Real estate funds investing in shopping centers", and "Shopping mall space leasing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Kite Realty Group Trust is -2.29. Previous Next 4.0 News and Social Media Coverage News SentimentKite Realty Group Trust has a news sentiment score of 1.28. 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 higher news sentiment than the 0.49 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 Interest2 people have searched for KRG on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Kite Realty Group Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 2.00% of the stock of Kite Realty Group Trust is held by insiders.Percentage Held by Institutions90.81% 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.Read more about Kite Realty Group Trust's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Kite Realty Group Trust are expected to grow by 3.41% in the coming year, from $2.05 to $2.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is 92.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Kite Realty Group Trust is 92.58, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 56.20.Price to Earnings Growth RatioKite Realty Group Trust has a PEG Ratio of 5.95. 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 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Kite Realty Group Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIHow to build the ultimate dividend portfolioThere’s a free dividend workshop that shows how anyone can build the ultimate dividend workshop in 3 basic steps? PLUS: You’ll get the names and tickers of the Best Dividend Stocks for FREE… This way, by the time you finish the workshop you’ll be fully equipped with the knowledge to start unlocking dividend checks for yourself… Over and over again.Click here and I’ll show you how to build the ultimate dividend portfolio. 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 December 31, 2023, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.1 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 HeadlinesJuly 23 at 1:56 AM | americanbankingnews.comKite Realty Group Trust (KRG) to Release Quarterly Earnings on TuesdayJune 28, 2024 | globenewswire.comKite Realty Group Trust Upgraded by S&P to BBB with Stable OutlookJuly 26, 2024 | DTI (Ad)How a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…June 27, 2024 | globenewswire.comKite Realty Group Trust Publishes Annual Corporate Responsibility ReportJune 18, 2024 | globenewswire.comKite Realty Group Trust to Report Second Quarter 2024 Financial Results on July 30, 2024May 30, 2024 | seekingalpha.comKite Realty Group: Prime Point Of Entry To Profit From Potential Multiple ExpansionMay 24, 2024 | finance.yahoo.com2 Top Retail REITs With Yields Over 4% to Buy in MayMay 2, 2024 | finance.yahoo.comKite Realty Group Trust (NYSE:KRG) Q1 2024 Earnings Call TranscriptJuly 26, 2024 | DTI (Ad)How a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…May 2, 2024 | finance.yahoo.comKite Realty Group Trust (KRG) Q1 2024 Earnings Call Transcript Highlights: Strategic Execution ...May 2, 2024 | finance.yahoo.comQ1 2024 Kite Realty Group Trust Earnings CallMay 2, 2024 | gurufocus.comQ1 2024 Kite Realty Group Trust Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comKite Realty Group Trust (KRG) Surpasses Analyst Estimates with Strong Q1 2024 EarningsApril 30, 2024 | globenewswire.comKite Realty Group Trust Reports First Quarter 2024 Operating ResultsApril 18, 2024 | markets.businessinsider.comBuy Rating on Kite Realty Group: Undervalued Stock with Strong Growth PotentialApril 18, 2024 | investorplace.com3 Russell 2000 Stocks to Buy Now: Q2 EditionApril 18, 2024 | msn.comKite Realty raised to Buy as Jefferies calls it 'underappreciated'April 16, 2024 | seekingalpha.comKite Realty: Near 52-Week Low With 5% Yield Makes It A BuySee 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 7/16 Dividend7/09/2024Dividend Payable7/16/2024Today7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:KRG CUSIP49803T10 CIK1286043 Webwww.kiterealty.com Phone(317) 577-5600Fax317-557-5605Employees229Year FoundedN/APrice Target and Rating Average Stock Price Target$26.00 High Stock Price Target$30.00 Low Stock Price Target$23.00 Potential Upside/Downside+8.0%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.26 Trailing P/E Ratio92.58 Forward P/E Ratio11.74 P/E Growth5.95Net Income$47.50 million Net Margins6.83% Pretax Margin6.14% Return on Equity1.56% Return on Assets0.79% Debt Debt-to-Equity Ratio0.90 Current Ratio2.72 Quick Ratio2.72 Sales & Book Value Annual Sales$823 million Price / Sales6.42 Cash Flow$2.10 per share Price / Cash Flow11.45 Book Value$16.27 per share Price / Book1.48Miscellaneous Outstanding Shares219,600,000Free Float215,212,000Market Cap$5.29 billion OptionableOptionable Beta1.31 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. John A. Kite (Age 58)Chairman of the Board of Trustees & CEO Comp: $3.84MMr. Thomas K. McGowan (Age 59)President & COO Comp: $1.68MMr. Heath R. Fear (Age 55)Executive VP & CFO Comp: $1.71MMr. David E. Buell (Age 42)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 CompetitorsKimco RealtyNYSE:KIMFederal Realty Investment TrustNYSE:FRTNNN REITNYSE:NNNAgree RealtyNYSE:ADCMacerichNYSE:MACView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 32,493 shares on 7/26/2024Ownership: 0.996%LDR Capital Management LLCBought 32,912 shares on 7/26/2024Ownership: 0.077%State of Michigan Retirement SystemSold 1,000 shares on 7/26/2024Ownership: 0.024%Bailard Inc.Bought 3,300 shares on 7/26/2024Ownership: 0.017%Louisiana State Employees Retirement SystemSold 1,000 shares on 7/24/2024Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions KRG Stock Analysis - Frequently Asked Questions How have KRG shares performed this year? Kite Realty Group Trust's stock was trading at $22.86 on January 1st, 2024. Since then, KRG stock has increased by 5.3% and is now trading at $24.07. View the best growth stocks for 2024 here. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) posted its earnings results 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 1.56% and a net margin of 6.83%. When did Kite Realty Group Trust's stock split? Kite Realty Group Trust's stock 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 market closes 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 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. Who are Kite Realty Group Trust's major shareholders? Top institutional shareholders of Kite Realty Group Trust include Bank of New York Mellon Corp (1.00%), Sumitomo Mitsui Trust Holdings Inc. (0.20%), Retirement Systems of Alabama (0.12%) and LDR Capital Management LLC (0.08%). Insiders that own company stock include Steven P Grimes, John A Kite, Charles H Wurtzebach and Gerald M Gorski. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Kite Realty Group Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Medical Properties Trust (MPW). This page (NYSE:KRG) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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