Positive News SentimentPositive NewsNYSE:KRG Kite Realty Group Trust (KRG) Stock Forecast, Price & News $21.47 -0.35 (-1.60%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$21.46▼$21.9950-Day Range$21.47▼$23.9952-Week Range$16.42▼$24.26Volume887,827 shsAverage Volume1.17 million shsMarket Capitalization$4.71 billionP/E Ratio178.93Dividend Yield4.47%Price Target$25.86 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Kite Realty Group Trust MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside20.4% Upside$25.86 Price TargetShort InterestHealthy2.42% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.69Upright™ Environmental ScoreNews Sentiment1.71Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth3.52%From $1.99 to $2.06 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.2.14 out of 5 starsFinance Sector570th out of 842 stocksReal Estate Investment Trusts Industry119th out of 182 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 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.86, Kite Realty Group Trust has a forecasted upside of 20.4% from its current price of $21.47.Amount of Analyst CoverageKite Realty Group Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.42% 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 3.9, 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 decreased by 4.16%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipKite Realty Group Trust is a leading dividend payer. It pays a dividend yield of 4.47%, 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 800.07%. 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 46.60% 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 -35.20% 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 -2.69. Previous Next 4.3 News and Social Media Coverage News SentimentKite Realty Group Trust has a news sentiment score of 1.71. 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 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Kite Realty Group Trust this week, compared to 2 articles on an average week.Search Interest1 people have searched for KRG on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Kite Realty Group Trust to their MarketBeat watchlist in the last 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 1.70% 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 3.52% in the coming year, from $1.99 to $2.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is 178.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Kite Realty Group Trust is 178.93, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 66.69.Price to Earnings Growth RatioKite Realty Group Trust has a PEG Ratio of 2.17. 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 1.25. 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 (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 June 30, 2023, the Company owned interests in 181 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.6 million square feet of gross leasable space.Read More KRG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRG Stock News HeadlinesSeptember 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 24, 2023 | Chaikin Analytics (Ad)Get Your Cash Out of U.S. Banks ImmediatelyMan who predicted 2023 bank run warns a historic financial reset is coming. Get out of cash and into a new vehicle 50 years in the making. Click here to learn more.September 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 ReportSeptember 24, 2023 | Chaikin Analytics (Ad)Get Your Cash Out of U.S. Banks ImmediatelyMan who predicted 2023 bank run warns a historic financial reset is coming. Get out of cash and into a new vehicle 50 years in the making. Click here to learn more.July 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 RecommendationMay 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 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 12, 2023 | seekingalpha.comKite Realty: Fly High With This Undervalued Retail REITSee 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 KRG Company Calendar Last Earnings4/28/2022Ex-Dividend for 7/14 Dividend7/06/2023Dividend Payable7/14/2023Today9/24/2023Ex-Dividend for 10/13 Dividend10/05/2023Dividend Payable10/13/2023Next Earnings (Confirmed)10/30/2023Fiscal 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) 577-5600Fax317-557-5605Employees236Year FoundedN/APrice Target and Rating Average Stock Price Forecast$25.86 High Stock Price Forecast$28.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+20.4%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.12 Trailing P/E Ratio178.93 Forward P/E Ratio10.79 P/E Growth2.17Net Income$-12,640,000.00 Net Margins3.47% Pretax Margin3.42% Return on Equity0.76% Return on Assets0.39% Debt Debt-to-Equity Ratio0.79 Current Ratio1.34 Quick Ratio1.34 Sales & Book Value Annual Sales$802 million Price / Sales5.87 Cash Flow$2.02 per share Price / Cash Flow10.65 Book Value$17.21 per share Price / Book1.25Miscellaneous Outstanding Shares219,370,000Free Float215,644,000Market Cap$4.71 billion OptionableOptionable Beta1.40 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. John A. Kite (Age 57)Chairman of Trustees & CEO Comp: $3.83MMr. Thomas K. McGowan (Age 58)Pres & COO Comp: $1.68MMr. Heath R. Fear (Age 54)Exec. VP & CFO Comp: $1.75MMr. David E. Buell (Age 41)Sr. VP & Chief Accounting Officer Mr. Tyler HenshawSr. VP of Capital Markets, Investor Relations & Corp. Fin.Mr. Pat CaseySr. VP & CTOMr. Dean PapadakisSr. VP, Chief Legal Officer & Corp. Sec.Mr. Bryan McCarthySr. VP of Corp. Marketing & CommunicationsMs. Mellissa M. Boggs SPHRExec. VP of Employee ExperienceMr. Mark JenkinsSr. VP of Devel.More ExecutivesKey CompetitorsAgree RealtyNYSE:ADCNNN REITNYSE:NNNTanger Factory Outlet CentersNYSE:SKTFederal Realty Investment TrustNYSE:FRTRetail Opportunity InvestmentsNASDAQ:ROICView All CompetitorsInsiders & InstitutionsPortside Wealth Group LLCBought 10,590 shares on 9/1/2023Ownership: 0.005%Virginia Retirement Systems ET ALBought 223,620 shares on 8/22/2023Ownership: 0.102%California State Teachers Retirement SystemSold 8,078 shares on 8/21/2023Ownership: 0.121%Osaic Holdings Inc.Bought 4,967 shares on 8/21/2023Ownership: 0.062%Teachers Retirement System of The State of KentuckyBought 3,610 shares on 8/21/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions KRG Stock - Frequently Asked Questions Should I buy or sell Kite Realty Group Trust stock right now? 7 Wall Street equities 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 and 3 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 forecast for 2023? 7 analysts have issued 12 month target prices for Kite Realty Group Trust's shares. Their KRG share price forecasts range from $23.00 to $28.00. On average, they predict the company's stock price to reach $25.86 in the next twelve months. This suggests a possible upside of 20.4% 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 start of the year. Since then, KRG stock has increased by 2.0% and is now trading at $21.47. 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 Monday, October 30th 2023. View our KRG earnings forecast. How can I listen to Kite Realty Group Trust's earnings call? Kite Realty Group Trust will be holding an earnings conference call on Tuesday, October 31st at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) announced its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.48. Kite Realty Group Trust had a trailing twelve-month return on equity of 0.76% and a net margin of 3.47%. During the same quarter in the prior year, the firm 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 declared a quarterly dividend on Friday, July 28th. Shareholders of record on Friday, October 6th will be given a dividend of $0.24 per share on Friday, October 13th. This represents a $0.96 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date is Thursday, October 5th. 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). 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 4.47%. 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 800.07%. 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 46.60% 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 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 guidance has Kite Realty Group Trust issued on next quarter's earnings? Kite Realty Group Trust issued an update on its FY 2023 earnings guidance on Monday, July, 31st. The company provided EPS guidance of $1.96-$2.00 for the period, compared to the consensus EPS estimate of $1.95. 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.24%), State Street Corp (6.08%), JPMorgan Chase & Co. (5.98%), Cohen & Steers Inc. (3.16%), Geode Capital Management LLC (2.21%) and Nuveen Asset Management LLC (1.65%). 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. What is Kite Realty Group Trust's stock price today? One share of KRG stock can currently be purchased for approximately $21.47. How much money does Kite Realty Group Trust make? Kite Realty Group Trust (NYSE:KRG) has a market capitalization of $4.71 billion and generates $802 million in revenue each year. The real estate investment trust earns $-12,640,000.00 in net income (profit) each year or $0.12 on an earnings per share basis. How many employees does Kite Realty Group Trust have? The company employs 236 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 9/24/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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