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NYSE:KRG - Kite Realty Group Trust Stock Price, Forecast & News

$18.98
-0.14 (-0.73 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$18.97
Now: $18.98
$19.39
50-Day Range
$16.62
MA: $18.32
$19.66
52-Week Range
$13.66
Now: $18.98
$19.77
Volume693,334 shs
Average Volume493,778 shs
Market Capitalization$1.59 billion
P/E Ratio9.49
Dividend Yield6.64%
Beta0.85
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
CUSIP49803T10
Phone317-577-5600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$354.18 million
Cash Flow$1.18 per share
Book Value$16.88 per share

Profitability

Net Income$-46,570,000.00

Miscellaneous

Employees144
Market Cap$1.59 billion
Next Earnings Date2/18/2020 (Estimated)
OptionableOptionable

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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 annualized dividend and a yield of 6.68%. 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's stock 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 market closes 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 earnings results on Tuesday, November, 5th. The real estate investment trust reported ($0.05) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.04. The real estate investment trust earned $74.94 million during 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 business's quarterly revenue was down 12.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 earnings per share. View Kite Realty Group Trust's Earnings History.

When is Kite Realty Group Trust's next earnings date?

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.

What guidance has Kite Realty Group Trust issued on next quarter's earnings?

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

What price target have analysts set for KRG?

8 Wall Street analysts have issued 1-year price objectives for Kite Realty Group Trust's shares. Their forecasts range from $16.00 to $18.00. On average, they expect Kite Realty Group Trust's share price to reach $17.00 in the next year. This suggests that the stock has a possible downside of 10.4%. 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?

Media stories about KRG stock have trended extremely negative on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kite Realty Group Trust earned a news impact score of -4.2 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the near future. View News Stories for Kite Realty Group Trust.

Are investors shorting Kite Realty Group Trust?

Kite Realty Group Trust saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 2,730,000 shares, a drop 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 days-to-cover ratio is presently 6.6 days. Approximately 3.3% of the shares of the stock are short sold. View Kite Realty Group Trust's Current Options Chain.

Who are some of Kite Realty Group Trust's key competitors?

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 variety 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 institutional 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 institutional investors are buying Kite Realty Group Trust stock?

KRG stock was purchased 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 $18.98.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $1.59 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?

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

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  285 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  683
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.
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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