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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
New CBOE “special perk” helps traders target income every weekend (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
New CBOE “special perk” helps traders target income every weekend (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
New CBOE “special perk” helps traders target income every weekend (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
New CBOE “special perk” helps traders target income every weekend (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
New CBOE “special perk” helps traders target income every weekend (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
New CBOE “special perk” helps traders target income every weekend (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind

Kite Realty Group Trust Stock Price, News & Analysis (NYSE:KRG)

$22.75
+0.75 (+3.41%)
(As of 12/4/2023 ET)
Compare
Today's Range
$21.93
$22.76
50-Day Range
$19.80
$22.75
52-Week Range
$18.77
$24.26
Volume
2.14 million shs
Average Volume
1.57 million shs
Market Capitalization
$4.99 billion
P/E Ratio
133.82
Dividend Yield
4.40%
Price Target
$25.57

Kite Realty Group Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
12.4% Upside
$25.57 Price Target
Short Interest
Bearish
3.14% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.30
Upright™ Environmental Score
News Sentiment
0.19mentions of Kite Realty Group Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.49%
From $2.02 to $2.05 Per Share

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 stars

Finance Sector

651st out of 822 stocks

Real Estate Investment Trusts Industry

127th out of 174 stocks


KRG stock logo

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.

KRG Stock Price History

KRG Stock News Headlines

Wells Fargo Reaffirms Their Sell Rating on Kite Realty Group (KRG)
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.
Kite Realty's Mark-To-Market Growth Is Not Priced In
The 7 Best REITs To Buy Now: October 2023
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.
REIT Downgrades Cast Gloomy Note As September Begins
Kite Realty: Get It While It's Hot
Q2 2023 Kite Realty Group Trust Earnings Call
Kite Realty Group (KRG) Receives a Buy from Barclays
Kite Realty: Undervalued And Underappreciated
Raymond James Sticks to Its Buy Rating for Kite Realty Group (KRG)
See More Headlines
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Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 10/13 Dividend
10/05/2023
Dividend Payable
10/13/2023
Today
12/04/2023
Fiscal Year End
12/31/2023
Ex-Dividend for 1/12 Dividend
1/04/2024
Dividend Payable
1/12/2024
Next Earnings (Estimated)
2/12/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
49803T10
Employees
236
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$-12,640,000.00
Pretax Margin
4.51%

Debt

Sales & Book Value

Annual Sales
$827.42 million
Cash Flow
$2.09 per share
Book Value
$17.21 per share

Miscellaneous

Free Float
216,535,000
Market Cap
$4.99 billion
Optionable
Optionable
Beta
1.35
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Key Executives

  • Mr. John A. KiteMr. John A. Kite (Age 57)
    Chairman of the Board of Trustees & CEO
    Comp: $3.83M
  • Mr. Thomas K. McGowan (Age 58)
    President & COO
    Comp: $1.68M
  • Mr. Heath R. Fear (Age 54)
    Executive VP & CFO
    Comp: $1.75M
  • Mr. David E. Buell (Age 41)
    Senior VP & Chief Accounting Officer
    Comp: $331.48k
  • Mr. Tyler Henshaw
    Senior Vice President of Capital Markets, Investor Relations & Corporate Finance
  • Mr. Pat Casey
    Senior VP & CTO
  • Mr. Dean Papadakis
    Senior VP, Chief Legal Officer & Corporate Secretary
  • Mr. Bryan McCarthy
    Senior Vice President of Corporate Marketing & Communications
  • Ms. Mellissa M. Boggs SPHR
    Executive Vice President of Employee Experience
  • Mr. Mark Jenkins
    Senior Vice President of Development














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.

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

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