Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to tenants in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Phone317-577-5600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$354.18 million
Profitability
Miscellaneous
Employees144
Next Earnings Date2/18/2020 (Estimated)
OptionableOptionable
Kite Realty Group Trust (NYSE:KRG) Frequently Asked Questions
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 Thursday, November 21st. Shareholders of record on Friday, December 20th will be paid a dividend of $0.317 per share on Friday, December 27th. This represents a $1.27 dividend on an annualized basis and a yield of 6.61%. The ex-dividend date of this dividend is Thursday, December 19th. View Kite Realty Group Trust's Dividend History.
When did Kite Realty Group Trust's stock split? How did Kite Realty Group Trust's stock split work?
Kite Realty Group Trust shares 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.
How were Kite Realty Group Trust's earnings last quarter?
Kite Realty Group Trust (NYSE:KRG) issued its quarterly earnings data on Tuesday, November, 5th. The real estate investment trust reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.04. The real estate investment trust had revenue of $74.94 million for the quarter, compared to analysts' expectations of $76.16 million. Kite Realty Group Trust had a negative net margin of 14.39% and a negative return on equity of 3.45%. Kite Realty Group Trust's revenue was down 12.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.48 EPS. View Kite Realty Group Trust's Earnings History.
When is Kite Realty Group Trust's next earnings date?
What guidance has Kite Realty Group Trust issued on next quarter's earnings?
Kite Realty Group Trust updated its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $1.63-1.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.65.
What price target have analysts set for KRG?
8 brokers have issued 1-year price targets for Kite Realty Group Trust's shares. Their forecasts range from $16.00 to $18.00. On average, they anticipate Kite Realty Group Trust's stock price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 11.3%. View Analyst Price Targets for Kite Realty Group Trust.
What is the consensus analysts' recommendation for Kite Realty Group Trust?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kite Realty Group Trust.
Has Kite Realty Group Trust been receiving favorable news coverage?
Press coverage about KRG stock has been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kite Realty Group Trust earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Kite Realty Group Trust.
Are investors shorting Kite Realty Group Trust?
Kite Realty Group Trust saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,730,000 shares, a decrease of 5.2% from the September 30th total of 2,880,000 shares. Based on an average daily trading volume, of 416,700 shares, the short-interest ratio is currently 6.6 days. Currently, 3.3% of the company's stock are sold short. View Kite Realty Group Trust's Current Options Chain.
Who are some of Kite Realty Group Trust's key competitors?
Some companies that are related to Kite Realty Group Trust include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Weingarten Realty Investors (WRI), Macerich (MAC), Agree Realty (ADC), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), Taubman Centers (TCO), Alexander's (ALX) and Tanger Factory Outlet Centers (SKT).
What other stocks do shareholders of Kite Realty Group Trust own?
Who are Kite Realty Group Trust's key executives?
Kite Realty Group Trust's management team includes the folowing people:
- Mr. John A. Kite, Chairman & CEO (Age 53)
- Mr. Thomas K. McGowan, Pres and Chief Operating Officer (Age 54)
- Mr. Heath R. Fear, Exec. VP & CFO (Age 50)
- Mr. David E. Buell, Sr. VP & Chief Accounting Officer (Age 37)
- Mr. Scott E. Murray, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)
Who are Kite Realty Group Trust's major shareholders?
Kite Realty Group Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (5.45%), Dalton Greiner Hartman Maher & Co. (0.63%), Foundry Partners LLC (0.44%), Chartwell Investment Partners LLC (0.39%), Rhumbline Advisers (0.34%) and State of New Jersey Common Pension Fund D (0.24%). Company insiders that own Kite Realty Group Trust stock include Charles H Wurtzebach, John A Kite, R Fear Heath, Thomas K Mcgowan and William E Bindley. View Institutional Ownership Trends for Kite Realty Group Trust.
Which major investors are selling Kite Realty Group Trust stock?
KRG stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Barclays PLC, Presima Inc., Millennium Management LLC, Chartwell Investment Partners LLC, Strs Ohio, Virginia Retirement Systems ET AL and SG Americas Securities LLC. View Insider Buying and Selling for Kite Realty Group Trust.
Which major investors are buying Kite Realty Group Trust stock?
KRG stock was bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, State Street Corp, Point72 Asset Management L.P., Foundry Partners LLC, First Trust Advisors LP, Zeke Capital Advisors LLC, Sumitomo Mitsui Trust Holdings Inc. and California Public Employees Retirement System. Company insiders that have bought Kite Realty Group Trust stock in the last two years include Charles H Wurtzebach, R Fear Heath and William E Bindley. View Insider Buying and Selling for Kite Realty Group Trust.
How do I buy shares of Kite Realty Group Trust?
Shares of KRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Kite Realty Group Trust's stock price today?
One share of KRG stock can currently be purchased for approximately $19.17.
How big of a company is Kite Realty Group Trust?
Kite Realty Group Trust has a market capitalization of $1.61 billion and generates $354.18 million in revenue each year. The real estate investment trust earns $-46,570,000.00 in net income (profit) each year or $2.00 on an earnings per share basis. Kite Realty Group Trust employs 144 workers across the globe.View Additional Information About Kite Realty Group Trust.
What is Kite Realty Group Trust's official website?
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 real estate investment trust can be reached via phone at 317-577-5600 or via email at [email protected]
MarketBeat Community Rating for Kite Realty Group Trust (NYSE KRG)
MarketBeat's community ratings are surveys of what our community members think about Kite Realty Group Trust and other stocks. Vote "Outperform" if you believe KRG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KRG will underperform the S&P 500 over the long term. You may vote once every thirty days.
