Kite Realty Group Trust Company Profile (NYSE:KRG)

About Kite Realty Group Trust

Kite Realty Group Trust logoKite Realty Group Trust is a real estate investment trust. The Company, through its subsidiary Kite Realty Group, L.P., holds interests in various operating subsidiaries and joint ventures engaged in the ownership, operation, acquisition, development and redevelopment of neighborhood and community shopping centers in certain markets in the United States. The Company holds interests in approximately three development projects under construction, and over six redevelopment projects. The Company holds interests in approximately 110 retail operating properties totaling over 20 million square feet of gross leasable area located in approximately 20 states. The Company's properties include Clay Marketplace and Trussville Promenade in Birmingham, Alabama; The Corner in Tucson, Arizona; Rampart Commons in Las Vegas, Nevada; Merrimack Village Center in Merrimack, New Hampshire; Bayonne Crossing in Bayonne, New Jersey, and Memorial Commons in Golsboro, North Carolina.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: KRG
  • CUSIP: 49803T10
Key Metrics:
  • Previous Close: $23.14
  • 50 Day Moving Average: $23.67
  • 200 Day Moving Average: $25.94
  • 52-Week Range: $83,545,000.00 - $22.50
  • Trailing P/E Ratio: 2335.00
  • Foreward P/E Ratio: 333.57
  • P/E Growth: -92.56
  • Market Cap: $1.95B
  • Outstanding Shares: 83,545,000
  • Beta: 0.67
Profitability:
  • Net Margins: 0.45%
  • Return on Equity: 0.10%
  • Return on Assets: 0.04%
Debt:
  • Debt-to-Equity Ratio: 1.05%
  • Current Ratio: 0.90%
  • Quick Ratio: 0.85%
Additional Links:
Companies Related to Kite Realty Group Trust:

Analyst Ratings

Consensus Ratings for Kite Realty Group Trust (NYSE:KRG) (?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $29.17 (24.91% upside)

Analysts' Ratings History for Kite Realty Group Trust (NYSE:KRG)
Show:
DateFirmActionRatingPrice TargetDetails
2/6/2017Stifel NicolausLower Price TargetHold$27.00 -> $26.00View Rating Details
1/23/2017Barclays PLCLower Price TargetOverweight$31.00 -> $25.00View Rating Details
1/9/2017Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$29.00View Rating Details
12/13/2016Citigroup Inc.DowngradeBuy -> Neutral$27.00View Rating Details
10/31/2016Hilliard LyonsUpgradeNeutral -> BuyView Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$35.00View Rating Details
4/1/2016DA DavidsonInitiated CoverageBuy$33.00View Rating Details
1/7/2016Robert W. BairdDowngradeOutperform -> Neutral$32.00 -> $28.00View Rating Details
4/22/2015Sandler O'NeillInitiated CoverageHoldView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Kite Realty Group Trust (NYSE:KRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/2/2017Q416$0.50$0.50$89.58 millionViewListenView Earnings Details
10/27/2016Q316$0.52$0.52$88.39 million$89.10 millionViewN/AView Earnings Details
7/28/2016Q216$0.51$0.52$87.30 million$87.58 millionViewN/AView Earnings Details
4/28/2016Q116$0.50$0.52$87.34 million$88.55 millionViewN/AView Earnings Details
2/4/2016Q415$0.50$0.50$87.50 million$89.30 millionViewN/AView Earnings Details
10/29/2015Q3$0.49$0.51$85.91 million$87.40 millionViewListenView Earnings Details
7/29/2015Q2$0.48$0.49$84.62 million$83.70 millionViewListenView Earnings Details
4/30/2015Q115$0.49$0.50$85.94 million$86.80 millionViewN/AView Earnings Details
2/5/2015Q414$0.51$0.50$89.50 million$87.45 millionViewN/AView Earnings Details
11/3/2014Q314$0.45$0.51$87.12 million$88.58 millionViewN/AView Earnings Details
7/31/2014Q214$0.13$0.13$42.25 million$40.84 millionViewListenView Earnings Details
5/1/2014Q413$0.12$0.13$39.20 million$42.60 millionViewListenView Earnings Details
2/21/2014Q4$0.11$0.11$33.38 million$36.00 millionViewListenView Earnings Details
11/1/2013Q313$0.11$0.13$29.66 million$32.67 millionViewListenView Earnings Details
8/2/2013Q213$0.10$0.10$27.83 million$30.90 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.11$0.14$28.37 million$32.10 millionViewListenView Earnings Details
2/7/2013Q4 2012$0.11$0.11$28.82 millionViewListenView Earnings Details
11/1/2012Q312$0.11$0.11$26.26 millionViewN/AView Earnings Details
8/2/2012$0.11$0.11ViewN/AView Earnings Details
5/3/2012$0.11$0.11ViewN/AView Earnings Details
11/2/2011$0.11$0.11ViewN/AView Earnings Details
8/4/2011$0.11$0.12ViewN/AView Earnings Details
5/5/2011$0.10$0.10ViewN/AView Earnings Details
2/16/2011$0.11$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Kite Realty Group Trust (NYSE:KRG)
Current Year EPS Consensus Estimate: $-0.05 EPS
Next Year EPS Consensus Estimate: $0.07 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20163$0.50$0.52$0.51
Q3 20162$0.52$0.53$0.53
Q4 20163$0.50$0.52$0.51
Q1 20173$0.44$0.50$0.48
Q2 20173$0.45$0.51$0.49
Q3 20173$0.45$0.51$0.49
Q4 20173$0.45$0.52$0.50
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Kite Realty Group Trust (NYSE:KRG)
Annual Dividend:$1.21
Dividend Yield:5.18%
Dividend Growth:5.70% (3 Year Average)
Payout Ratio:6,053.03% (Based on Trailing 12 Months of Earnings)
-2,420.00% (Based on Current Year Consensus EPS Estimate)
1,728.57% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Kite Realty Group Trust (NYSE:KRG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/23/2016quarterly$0.304.97%1/4/20171/6/20171/13/2017
8/12/2016quarterly$0.293.93%10/4/201610/6/201610/13/2016
6/17/2016quarterly$0.294.25%7/5/20167/7/20167/14/2016
2/5/2016quarterly$0.294.26%4/4/20164/6/20164/13/2016
12/2/2015quarterly$0.274.12%1/4/20161/6/20161/13/2016
9/21/2015quarterly$0.274.49%10/2/201510/6/201510/13/2015
5/13/2015quarterly$0.274.12%7/2/20157/7/20157/14/2015
2/9/2015quarterly$0.273.74%4/1/20154/6/20154/13/2015
12/23/2014quarterly$0.263.62%1/2/20151/6/20151/13/2015
9/19/2014quarterly$0.2610/2/201410/6/201410/13/2014
6/13/2014quarterly$0.074.33%6/20/20146/24/20147/1/2014
3/20/2014quarterly$0.074.28%4/3/20144/7/20144/14/2014
12/24/2013quarterly$0.063.65%1/2/20141/6/20141/13/2014
9/19/2013quarterly$0.064.03%10/2/201310/4/201310/11/2013
6/17/2013quarterly$0.063.99%7/2/20137/5/20137/12/2013
3/18/2013quarterly$0.063.61%4/3/20134/5/20134/12/2013
12/19/2012quarterly$0.064.41%1/2/20131/4/20131/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Kite Realty Group Trust (NYSE:KRG)
Insider Ownership Percentage: 1.19%
Institutional Ownership Percentage: 93.36%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/1/2016Daniel R SinkVPSell16,625$29.95$497,918.75View SEC Filing  
8/1/2016John A KiteCEOSell33,000$30.09$992,970.00View SEC Filing  
8/1/2016Thomas R OlingerCAOSell5,500$30.22$166,210.00View SEC Filing  
2/10/2016Thomas R. OlingerCAOSell2,283$26.36$60,179.88View SEC Filing  
12/1/2015John A. KiteCEOSell10,000$27.11$271,100.00View SEC Filing  
6/22/2015John A KiteCEOSell10,000$27.03$270,300.00View SEC Filing  
12/23/2013John KiteCEOSell50,000$6.55$327,500.00View SEC Filing  
12/23/2013Thomas McgowanCOOSell133,560$6.50$868,140.00View SEC Filing  
8/27/2013John A KiteCEOSell60,000$5.98$358,800.00View SEC Filing  
6/6/2013John A KiteCEOSell29,990$6.00$179,940.00View SEC Filing  
12/3/2012John A KiteCEOSell60,000$5.40$324,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Kite Realty Group Trust (NYSE:KRG)
DateHeadline
News IconThe Kite Realty Group Trust (KRG) to Release Earnings on Thursday (NYSE:KRG)
ibusinesslines.com - February 18 at 5:32 PM
finance.yahoo.com logoKite Realty Group Trust Announces Annual Shareholder Meeting (NYSE:KRG)
finance.yahoo.com - February 17 at 6:15 PM
finance.yahoo.com logoKite Realty Group Trust Announces New Lease with Kroger Marketplace at Fishers Station (NYSE:KRG)
finance.yahoo.com - February 16 at 5:52 PM
finance.yahoo.com logoKite Realty Group Trust Announces New Lease with Morton’s The Steakhouse at City Center (NYSE:KRG)
finance.yahoo.com - February 14 at 7:41 PM
seekingalpha.com logoKite Realty Group Trust's (KRG) CEO John Kite on Q4 2016 Results - Earnings Call Transcript (NYSE:KRG)
seekingalpha.com - February 4 at 11:14 PM
finance.yahoo.com logoEdited Transcript of KRG earnings conference call or presentation 3-Feb-17 4:00pm GMT (NYSE:KRG)
finance.yahoo.com - February 3 at 11:54 PM
biz.yahoo.com logoQ4 2016 Kite Realty Group Trust Earnings Release - After Market Close (NYSE:KRG)
us.rd.yahoo.com - February 3 at 5:00 AM
us.rd.yahoo.com logo4:20 pm Kite Realty reports FFO in-line; guides FY17 FFO in-line (NYSE:KRG)
us.rd.yahoo.com - February 3 at 5:00 AM
businesswire.com logoKite Realty Group Trust Reports Fourth Quarter and Full Year 2016 Operating Results (NYSE:KRG)
www.businesswire.com - February 2 at 6:55 PM
streetinsider.com logoKite Realty Group Trust (KRG) Reports Q4 EPS of $0.50 (NYSE:KRG)
www.streetinsider.com - February 2 at 6:55 PM
sg.finance.yahoo.com logoKite Realty Group reports 4Q results (NYSE:KRG)
sg.finance.yahoo.com - February 2 at 6:55 PM
News IconPresima INC Holding in Kite Rlty Group Tr (KRG) Has Trimmed as Shares Declined (NYSE:KRG)
randolphguide.com - January 28 at 1:21 AM
News IconKite Realty Group Trust's (KRG) (NYSE:KRG)
myhealthbowl.com - January 19 at 4:43 AM
finance.yahoo.com logoKite Realty Group Trust Announces Tax Reporting Information for 2016 Dividend Distributions (NYSE:KRG)
finance.yahoo.com - January 13 at 7:27 PM
News IconToday’s Rating: Raymond James Gives Kite Realty Group Trust (NYSE:KRG) Higher Rating. Lost Its “Outperform” Rating (NYSE:KRG)
www.whatsonthorold.com - January 9 at 11:59 PM
News IconImportant Rating: Does Kite Realty (NYSE:KRG) Look Good? Raymond James Upgrades It (NYSE:KRG)
www.whatsonthorold.com - January 9 at 6:58 PM
stocksdaily.net logoYearly EPS Estimated Of Kite Realty Group Trust (NYSE:KRG) At $2.06 (NYSE:KRG)
www.stocksdaily.net - January 1 at 11:18 PM
4-traders.com logoKite Realty Trust : South Bend and Mishawaka prepare for building booms (NYSE:KRG)
www.4-traders.com - January 1 at 9:57 AM
News IconLexington Realty Trust (NYSE:LXP) Valuation According To Analysts (NYSE:KRG)
lasignare.com - December 30 at 11:36 PM
stocksdaily.net logoKite Realty Group Trust (NYSE:KRG) Analysts EPS Target At $0.51 (NYSE:KRG)
www.stocksdaily.net - December 30 at 6:36 PM
nasdaq.com logoAugust 2017 Options Now Available For Kite Realty Group Trust (KRG) (NYSE:KRG)
www.nasdaq.com - December 21 at 6:31 AM
stocksdaily.net logoKite Realty Group Trust (NYSE:KRG) Yearly EPS Estimated At $2.09 (NYSE:KRG)
www.stocksdaily.net - December 16 at 6:47 PM
us.rd.yahoo.com logoKite Realty downgraded by Citigroup (NYSE:KRG)
us.rd.yahoo.com - December 13 at 11:40 PM
News IconFCF Score Check on Shares of Vornado Realty Trust (NYSE:VNO) (NYSE:KRG)
diy-home-garden.com - December 12 at 6:21 PM
News IconKite Realty Group Trust (NYSE:KRG) 50-day MA At $24.59 (NYSE:KRG)
mjbstar.com - December 12 at 6:21 PM
marketexclusive.com logoAnalyst Downgrades – Kite Realty Group Trust (NYSE:KRG) Stock Gets Downgraded By Stifel Nicolaus from Buy to Hold (NYSE:KRG)
marketexclusive.com - December 12 at 6:21 PM
finance.yahoo.com logoKite Realty downgraded by Stifel (NYSE:KRG)
finance.yahoo.com - December 12 at 10:39 AM
finance.yahoo.com logoKite Realty Group Trust to Report Fourth Quarter 2016 Financial Results on February 2, 2017 (NYSE:KRG)
finance.yahoo.com - December 2 at 5:56 PM
publicnow.com logoKite Realty Group Trust Declares 5.2% Increase in Quarterly Common Dividend (NYSE:KRG)
www.publicnow.com - November 22 at 5:55 PM
stocksdaily.net logoAnalysts Have EPS Target Of $0.51 For Kite Realty Group Trust (NYSE:KRG) (NYSE:KRG)
www.stocksdaily.net - November 22 at 9:54 AM
News IconKite Realty Group Trust (NYSE:KRG) Dividend At $0.287 Per Share (NYSE:KRG)
itapunta.com - November 14 at 9:55 AM
stocksdaily.net logoKite Realty Group Trust (NYSE:KRG) Yearly EPS Projection At $2.1 (NYSE:KRG)
www.stocksdaily.net - November 9 at 8:00 AM
News IconRating Worth Mentioning Today: Is Hilliard Lyons Very Positive For Kite Realty Group Trust (NYSE:KRG) After Its Upgrade? (NYSE:KRG)
www.whatsonthorold.com - November 3 at 5:49 PM
seekingalpha.com logoKite Realty Group Trust's (KRG) CEO John Kite on Q3 2016 Results - Earnings Call Transcript (NYSE:KRG)
seekingalpha.com - October 29 at 8:49 AM
News IconKite Realty Group Trust (KRG) Releases FY16 Earnings Guidance (NYSE:KRG)
myhealthbowl.com - October 29 at 8:49 AM
finance.yahoo.com logoEdited Transcript of KRG earnings conference call or presentation 28-Oct-16 5:00pm GMT (NYSE:KRG)
finance.yahoo.com - October 29 at 8:49 AM
sg.finance.yahoo.com logoKite Realty Group reports 3Q results (NYSE:KRG)
sg.finance.yahoo.com - October 27 at 5:56 PM
biz.yahoo.com logoQ3 2016 Kite Realty Group Trust Earnings Release - After Market Close (NYSE:KRG)
biz.yahoo.com - October 27 at 10:43 AM
stocksdaily.net logoKite Realty Group Trust (NYSE:KRG) Top Yearly EPS Estimate Of $2.08? (NYSE:KRG)
www.stocksdaily.net - October 16 at 5:40 PM
stocksdaily.net logoEPS Projection For Kite Realty Group Trust (NYSE:KRG) At $0.52? (NYSE:KRG)
www.stocksdaily.net - October 14 at 5:43 PM
News IconUpdate on Kite Realty Group Trust (NYSE:KRG) for the day (NYSE:KRG)
twincountynews.com - October 14 at 5:43 PM
seekingalpha.com logoKite Realty reports no material damage from Matthew (NYSE:KRG)
seekingalpha.com - October 11 at 6:04 PM
finance.yahoo.com logo12:16 pm Kite Realty says initial assessments suggest that the co did not sustain any material damage from Hurricane Matthew (NYSE:KRG)
finance.yahoo.com - October 10 at 5:34 PM
publicnow.com logoKite Realty Group Trust Provides Update on Hurricane Matthew (NYSE:KRG)
www.publicnow.com - October 10 at 5:34 PM
feeds.reuters.com logoBRIEF- Kite Realty Group Trust provides update on Hurricane Matthew (NYSE:KRG)
feeds.reuters.com - October 10 at 12:46 PM
stocksdaily.net logoKite Realty Group Trust (NYSE:KRG) EPS Forecast At $0.51? (NYSE:KRG)
www.stocksdaily.net - September 26 at 5:56 PM
News IconInteresting KRG Put And Call Options For May 2017 (NYSE:KRG)
www.stockoptionschannel.com - September 19 at 5:52 PM
publicnow.com logoKite Realty Group Trust Announces Pricing of Inaugural $300 Million Public Offering of Senior Unsecured Notes (NYSE:KRG)
www.publicnow.com - September 15 at 3:47 PM
feeds.reuters.com logoBRIEF-Kite Realty Group Trust announces pricing of $300 mln public offering of senior unsecured notes (NYSE:KRG)
feeds.reuters.com - September 15 at 2:15 PM
nasdaq.com logoRelative Strength Alert For Kite Realty Group Trust (NYSE:KRG)
www.nasdaq.com - September 15 at 9:14 AM

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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."

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 Wednesday, November 23rd. Stockholders of record on Friday, January 6th will be given a dividend of $0.3025 per share on Friday, January 13th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend is Wednesday, January 4th. This is a boost from Kite Realty Group Trust's previous quarterly dividend of $0.29.

When did Kite Realty Group Trust's stock split? How did Kite Realty Group Trust's stock split work?

Shares of Kite Realty Group Trust reverse split 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 Kite Realty Group Trust stock prior to the reverse split would have 25 shares after the split.

Where is Kite Realty Group Trust's stock going? Where will Kite Realty Group Trust's stock price be in 2017?

7 brokers have issued 1 year price objectives for Kite Realty Group Trust's shares. Their predictions range from $25.00 to $35.00. On average, they anticipate Kite Realty Group Trust's share price to reach $29.17 in the next twelve months.

When will Kite Realty Group Trust announce their earnings?

Kite Realty Group Trust is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

What are analysts saying about Kite Realty Group Trust stock?

Here are some recent quotes from research analysts about Kite Realty Group Trust stock:

  • Stifel Nicolaus analysts commented, "Kite Realty finished 2016 on a high note, generating same store NOI of 3.6% (4.5% excluding redevelopment) in 4Q and 2.9% (3.7% excluding redevelopment) in 2016, at the high-end of its 2.5%-3% guidance range. Same store NOI will likely decelerate in 2017 as redevelopment activity and recent store closures will weigh throughout much of the year. KRG is executing on its $150 million redevelopment pipeline, completing four projects in 4Q with another 10 in-process. KRG's significant balance sheet improvements culminated in 2016 with KRG's initial public bond offering, $300 million of ten-year notes at 4%, extending KRG's weighted average term to maturity and giving the REIT ample balance sheet flexibility." (2/6/2017)
  • According to Zacks Investment Research, "Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust focused primarily on the development, construction, acquisition, ownership and operation of high quality neighborhood and community shopping centers in selected growth markets in the United States. They own interests in a portfolio of operating retail properties, retail properties under development, operating commercial properties, a related parking garage, commercial property under development and parcels of land that may be used for future development. " (1/13/2017)

  • Hilliard Lyons analysts commented, "Our rating change is based on valuation only, as we remain comfortable with management and the fundamentals for the company," (8/1/2016)

Who owns Kite Realty Group Trust stock?

Kite Realty Group Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (11.77%), State Street Corp (3.77%), Dimensional Fund Advisors LP (1.33%), Federated Investors Inc. PA (0.81%), Chilton Capital Management LLC (0.66%) and Davis Selected Advisers (0.48%). Company insiders that own Kite Realty Group Trust stock include Daniel R Sink, John A Kite and Thomas R Olinger.

Who sold Kite Realty Group Trust stock? Who is selling Kite Realty Group Trust stock?

Kite Realty Group Trust's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Asset Management One Co. Ltd., Davis Selected Advisers, Federated Investors Inc. PA, Renaissance Technologies LLC, Raymond James Financial Services Advisors Inc., AQR Capital Management LLC and Guggenheim Capital LLC. Company insiders that have sold Kite Realty Group Trust stock in the last year include Daniel R Sink, John A Kite and Thomas R Olinger.

Who bought Kite Realty Group Trust stock? Who is buying Kite Realty Group Trust stock?

Kite Realty Group Trust's stock was bought by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Thrivent Financial for Lutherans, State Street Corp, A.R.T. Advisors LLC, Worth Venture Partners LLC, Chilton Capital Management LLC, Russell Investments Group Ltd. and Credit Agricole S A.

How do I buy Kite Realty Group Trust stock?

Shares of Kite Realty Group Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Kite Realty Group Trust stock cost?

One share of Kite Realty Group Trust stock can currently be purchased for approximately $23.35.

Kite Realty Group Trust (NYSE:KRG) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Kite Realty Group Trust (NYSE:KRG)

Earnings History Chart

Earnings by Quarter for Kite Realty Group Trust (NYSE:KRG)

Dividend History Chart

Dividend Payments by Quarter for Kite Realty Group Trust (NYSE:KRG)

Last Updated on 2/19/2017 by MarketBeat.com Staff