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

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 Thursday, November 21st. Stockholders of record on Friday, December 20th will be given a dividend of $0.317 per share on Friday, December 27th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 6.95%. The ex-dividend date of this dividend is Thursday, December 19th. View Kite Realty Group Trust's Dividend History.

Shares of Kite Realty Group Trust 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) posted 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 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 revenue for the quarter was down 12.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 earnings per share. 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 earnings per share estimate of $1.65.

8 equities research analysts have issued 1-year price targets for Kite Realty Group Trust's stock. Their forecasts range from $16.00 to $19.50. On average, they anticipate Kite Realty Group Trust's stock price to reach $17.88 in the next twelve months. This suggests that the stock has a possible downside of 2.0%. View Analyst Price Targets 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.

News coverage about KRG stock has been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kite Realty Group Trust earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Kite Realty Group Trust.

Kite Realty Group Trust saw a decline in short interest in the month of November. As of November 29th, there was short interest totalling 2,320,000 shares, a decline of 13.1% from the November 14th total of 2,670,000 shares. Based on an average trading volume of 491,000 shares, the days-to-cover ratio is presently 4.7 days. Approximately 2.8% of the shares of the 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), Retail Opportunity Investments (ROIC), Taubman Centers (TCO), 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), Simon Property Group (SPG), AT&T (T), Energy Transfer LP Unit (ET), Innovative Industrial Properties (IIPR), Omega Healthcare Investors (OHI), Brixmor Property Group (BRX), Ford Motor (F), Medical Properties Trust (MPW) and Tanger Factory Outlet Centers (SKT).

Kite Realty Group Trust's stock is owned by a number of of institutional and retail 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.

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.

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.

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 $18.24.

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]