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

Kite Realty Group Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRG."

Kite Realty Group Trust announced a quarterly dividend on Friday, August 16th. Investors of record on Friday, September 20th will be paid a dividend of $0.317 per share on Friday, September 27th. This represents a $1.27 dividend on an annualized basis and a yield of 6.94%. The ex-dividend date is Thursday, September 19th. View Kite Realty Group Trust's Dividend History.

Kite Realty Group Trust shares reverse split on the morning of 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.

Kite Realty Group Trust (NYSE:KRG) announced its earnings results on Tuesday, November, 5th. The real estate investment trust reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.01) by $0.04. The real estate investment trust had revenue of $74.94 million for the quarter, compared to analyst estimates 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%. The company's quarterly revenue was down 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.48 EPS. View Kite Realty Group Trust's Earnings History.

Kite Realty Group Trust is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Kite Realty Group Trust.

Kite Realty Group Trust issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share guidance of $1.63-1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.65.

7 Wall Street analysts have issued 1 year price targets for Kite Realty Group Trust's stock. Their forecasts range from $14.50 to $16.00. On average, they anticipate Kite Realty Group Trust's stock price to reach $15.50 in the next twelve months. This suggests that the stock has a possible downside of 15.2%. View Analyst Price Targets for Kite Realty Group Trust.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kite Realty Group Trust.

Press coverage about KRG stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kite Realty Group Trust earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Kite Realty Group Trust.

Kite Realty Group Trust saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 2,880,000 shares, a drop of 6.2% from the September 30th total of 3,070,000 shares. Based on an average trading volume of 445,400 shares, the days-to-cover ratio is currently 6.5 days. Approximately 3.5% of the company's stock are short sold. View Kite Realty Group Trust's Current Options Chain.

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), Taubman Centers (TCO), Retail Opportunity Investments (ROIC), Alexander's (ALX) and Tanger Factory Outlet Centers (SKT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kite Realty Group Trust investors own include New Residential Investment (NRZ), Ares Capital (ARCC), Physicians Realty Trust (DOC), Innovative Industrial Properties (IIPR), Invesco Mortgage Capital (IVR), AT&T (T), Iron Mountain (IRM), Omega Healthcare Investors (OHI), Simon Property Group (SPG) and Brixmor Property Group (BRX).

Kite Realty Group Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.63%), Foundry Partners LLC (0.44%), Chartwell Investment Partners LLC (0.39%), Rhumbline Advisers (0.34%), State of New Jersey Common Pension Fund D (0.24%) and Commonwealth Equity Services LLC (0.20%). Company insiders that own Kite Realty Group Trust stock include Charles H Wurtzebach, John A Kite, R Fear Heath, Thomas K Mcgowan, Thomas R Olinger and William E Bindley. View Institutional Ownership Trends for Kite Realty Group Trust.

KRG stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Presima Inc., Chartwell Investment Partners LLC, Strs Ohio, Virginia Retirement Systems ET AL, SG Americas Securities LLC, Tower Research Capital LLC TRC and Commonwealth Equity Services LLC. View Insider Buying and Selling for Kite Realty Group Trust.

KRG stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Foundry Partners LLC, First Trust Advisors LP, Zeke Capital Advisors LLC, Sumitomo Mitsui Trust Holdings Inc., California Public Employees Retirement System, Rhumbline Advisers and Nisa Investment Advisors LLC. 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.

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.

One share of KRG stock can currently be purchased for approximately $18.27.

Kite Realty Group Trust has a market capitalization of $1.53 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.

The official website for Kite Realty Group Trust is http://www.kiterealty.com/.

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]