NYSE:KRG Kite Realty Group Trust (KRG) Stock Forecast, Price & News $20.12 +0.07 (+0.35%) (As of 11:33 AM ET) Add Compare Share Share Today's Range$19.60▼$20.3350-Day Range$19.31▼$21.1652-Week Range$16.42▼$23.10Volume711,844 shsAverage Volume1.57 million shsMarket Capitalization$4.41 billionP/E Ratio670.89Dividend Yield4.77%Price Target$24.78 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Kite Realty Group Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside23.1% Upside$24.78 Price TargetShort InterestHealthy3.40% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.77Upright™ Environmental ScoreNews Sentiment1.48Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth4.62%From $1.95 to $2.04 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.2.07 out of 5 starsFinance Sector637th out of 871 stocksReal Estate Investment Trusts Industry135th out of 192 stocks 2.3 Analyst's Opinion Consensus RatingKite Realty Group Trust has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.78, Kite Realty Group Trust has a forecasted upside of 23.1% from its current price of $20.12.Amount of Analyst CoverageKite Realty Group Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.40% 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 5.3.Change versus previous monthShort interest in Kite Realty Group Trust has recently decreased by 5.22%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipKite Realty Group Trust is a leading dividend payer. It pays a dividend yield of 4.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKite Realty Group Trust has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Kite Realty Group Trust is 3,201.07%. 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 47.06% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKite Realty Group Trust has received a -33.49% 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 -2.77. Previous Next 3.0 News and Social Media Coverage News SentimentKite Realty Group Trust has a news sentiment score of 1.48. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Kite Realty Group Trust this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 2 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 Institutions96.84% 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 4.62% in the coming year, from $1.95 to $2.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is 670.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Kite Realty Group Trust is 670.89, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 154.90.Price to Earnings Growth RatioKite Realty Group Trust has a PEG Ratio of 1.96. 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 1.17. 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 (NYSE:KRG) StockKite Realty Group Trust operates as a real estate investment trust. It engages in the ownership, operation, acquisition, development, and redevelopment of neighborhood and community shopping centers in selected markets in the United States. The company was founded on August 16, 2004 and is headquartered in Indianapolis, IN.Read More 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 KRG Stock News HeadlinesMay 30, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Receives Consensus Recommendation of "Hold" from AnalystsMay 26, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Now Covered by Wells Fargo & CompanyJune 5, 2023 | Edge On The Street (Ad)AI industry Is Exploding! New Breakthrough Expected this SummerBill Gates says the AI Era has begun. Every tech company is looking to integrate artificial intelligence. A young company holds the secret to the next biggest AI advancement.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 18, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Research Coverage Started at StockNews.comMay 9, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Price Target Raised to $28.00 at Piper SandlerMay 8, 2023 | msn.comPiper Sandler Maintains Kite Realty Group Trust (KRG) Overweight RecommendationJune 5, 2023 | Edge On The Street (Ad)AI industry Is Exploding! New Breakthrough Expected this SummerBill Gates says the AI Era has begun. Every tech company is looking to integrate artificial intelligence. A young company holds the secret to the next biggest AI advancement.May 8, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Receives $25.00 Average PT from AnalystsMay 5, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Stock Rating Lowered by StockNews.comMay 3, 2023 | msn.comKite Realty Group Trust (KRG) Declares $0.24 DividendMay 3, 2023 | finance.yahoo.comQ1 2023 Kite Realty Group Trust Earnings CallMay 2, 2023 | seekingalpha.comKite Realty Group Trust 2023 Q1 - Results - Earnings Call PresentationMay 1, 2023 | finance.yahoo.comKite Realty Group Trust Reports First Quarter 2023 Operating ResultsApril 30, 2023 | americanbankingnews.comKite Realty Group Trust (KRG) Set to Announce Quarterly Earnings on MondayApril 26, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Coverage Initiated at JPMorgan Chase & Co.April 25, 2023 | finance.yahoo.comRetail Opportunity Investments (ROIC) Misses Q1 FFO and Revenue EstimatesApril 14, 2023 | finance.yahoo.comUpdate -- Kite Realty Group Trust to Report First Quarter 2023 Financial Results on May 1, 2023April 13, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Receives $25.29 Average Target Price from AnalystsApril 12, 2023 | seekingalpha.comKite Realty: Fly High With This Undervalued Retail REITApril 3, 2023 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) to Issue $0.24 Quarterly DividendMarch 30, 2023 | finance.yahoo.comKite Realty Group Trust to Report First Quarter 2023 Financial Results on May 2, 2023March 24, 2023 | americanbankingnews.comEquities Analysts Issue Forecasts for Kite Realty Group Trust's Q1 2023 Earnings (NYSE:KRG)March 19, 2023 | nasdaq.comKite Realty Group Trust is OversoldMarch 19, 2023 | nasdaq.comKite Realty Group Trust (KRG) Passes Through 5% Yield MarkMarch 3, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: Kite Realty Group (KRG) and Xenia Hotels & Resorts (XHR)See More Headlines KRG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRG Company Calendar Last Earnings4/28/2022Ex-Dividend for 4/14 Dividend4/05/2023Dividend Payable4/14/2023Today6/05/2023Ex-Dividend for 7/14 Dividend7/06/2023Dividend Payable7/14/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get 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) 577-5600Fax317-557-5605Employees241Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.78 High Stock Price Forecast$28.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+23.3%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.03 Trailing P/E Ratio669.89 Forward P/E Ratio10.30 P/E Growth1.96Net Income$-12,640,000.00 Net Margins1.17% Pretax Margin1.14% Return on Equity0.25% Return on Assets0.13% Debt Debt-to-Equity Ratio0.80 Current Ratio0.92 Quick Ratio0.92 Sales & Book Value Annual Sales$802 million Price / Sales5.49 Cash Flow$2.02 per share Price / Cash Flow9.94 Book Value$17.21 per share Price / Book1.17Miscellaneous Outstanding Shares219,330,000Free Float216,475,000Market Cap$4.41 billion OptionableOptionable Beta1.37 Key ExecutivesJohn A. KiteChairman & Chief Executive OfficerThomas K. McGowanPresident & Chief Operating OfficerHeath R. FearChief Financial Officer & Executive Vice PresidentPat CaseyChief Technology Officer & Senior Vice PresidentDavid E. BuellChief Accounting Officer & Senior Vice PresidentKey CompetitorsAgree RealtyNYSE:ADCTanger Factory Outlet CentersNYSE:SKTMacerichNYSE:MACRetail Opportunity InvestmentsNASDAQ:ROICFederal Realty Investment TrustNYSE:FRTView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardBought 116,335 shares on 6/1/2023Ownership: 0.053%ProShare Advisors LLCSold 2,851 shares on 5/26/2023Ownership: 0.018%Ameriprise Financial Inc.Bought 194,380 shares on 5/22/2023Ownership: 1.026%Arete Wealth Advisors LLCBought 15,172 shares on 5/22/2023Ownership: 0.007%New York State Common Retirement FundSold 41,800 shares on 5/18/2023Ownership: 0.052%View All Insider TransactionsView All Institutional Transactions KRG Stock - Frequently Asked Questions Should I buy or sell Kite Realty Group Trust stock right now? 10 Wall Street 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, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" KRG shares. View KRG analyst ratings or view top-rated stocks. What is Kite Realty Group Trust's stock price forecast for 2023? 10 brokers have issued 12-month price objectives for Kite Realty Group Trust's shares. Their KRG share price forecasts range from $20.00 to $28.00. On average, they expect the company's stock price to reach $24.78 in the next twelve months. This suggests a possible upside of 23.6% 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 the year. Since then, KRG stock has decreased by 4.8% and is now trading at $20.05. View the best growth stocks for 2023 here. When is Kite Realty Group Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our KRG earnings forecast. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) announced its earnings results on Thursday, April, 28th. The real estate investment trust reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.48. Kite Realty Group Trust had a net margin of 1.17% and a trailing twelve-month return on equity of 0.25%. During the same quarter in the previous year, the business posted $0.34 EPS. 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, April 28th. Investors of record on Friday, July 7th will be given a dividend of $0.24 per share on Friday, July 14th. This represents a $0.96 annualized dividend and a yield of 4.79%. The ex-dividend date is Thursday, July 6th. 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 Invesco DWA Financial Momentum ETF (PFI), JPMorgan Realty Income ETF (JPRE), Invesco Zacks Multi-Asset Income ETF (CVY), iShares US Credit Bond ETF (CRED), U.S. Diversified Real Estate ETF (PPTY), Invesco Raymond James SB-1 Equity ETF (RYJ), SPDR Dow Jones REIT ETF (RWR) and First Trust S&P REIT Index Fund (FRI). Is Kite Realty Group Trust a good dividend stock? Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.97%. 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 3,200.00%. 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 47.06% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KRG. When did Kite Realty Group Trust's stock split? Shares of Kite Realty Group Trust 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 FY 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of $1.92-$1.98 for the period, compared to the consensus estimate of $1.93. The company issued revenue guidance of -. 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 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." Who are Kite Realty Group Trust's major shareholders? Kite Realty Group Trust's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.74%), State Street Corp (6.13%), Macquarie Group Ltd. (4.22%), JPMorgan Chase & Co. (4.07%), Deutsche Bank AG (2.88%) and Geode Capital Management LLC (2.13%). Insiders that own company stock include 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. What is Kite Realty Group Trust's stock price today? One share of KRG stock can currently be purchased for approximately $20.05. How much money does Kite Realty Group Trust make? Kite Realty Group Trust (NYSE:KRG) has a market capitalization of $4.40 billion and generates $814.36 million in revenue each year. The real estate investment trust earns $-12,640,000.00 in net income (profit) each year or $0.03 on an earnings per share basis. How many employees does Kite Realty Group Trust have? The company employs 241 workers across the globe. 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 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. This page (NYSE:KRG) was last updated on 6/5/2023 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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