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

$19.68
+0.30 (+1.55 %)
(As of 11/20/2019 07:42 AM ET)
Today's Range
$19.39
Now: $19.68
$19.77
50-Day Range
$15.87
MA: $17.30
$19.66
52-Week Range
$13.66
Now: $19.68
$19.77
Volume561,200 shs
Average Volume412,067 shs
Market Capitalization$1.65 billion
P/E Ratio9.84
Dividend Yield6.73%
Beta0.84
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$1.25 per share
Book Value$16.88 per share

Profitability

Net Income$-46,570,000.00

Miscellaneous

Employees144
Market Cap$1.65 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 announced a quarterly dividend on Friday, August 16th. Shareholders 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 annualized dividend and a yield of 6.44%. The ex-dividend date of this dividend is Thursday, September 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 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) posted its quarterly earnings results on Tuesday, November, 5th. The real estate investment trust reported ($0.05) earnings per share (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 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%. The firm's revenue was down 12.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.48 EPS. 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 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.

What price target have analysts set for KRG?

8 Wall Street analysts have issued 1-year price targets for Kite Realty Group Trust's shares. Their forecasts range from $14.50 to $18.00. On average, they expect Kite Realty Group Trust's share price to reach $16.13 in the next year. This suggests that the stock has a possible downside of 18.1%. 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 1 sell rating, 5 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 headlines about KRG stock have trended very positive recently, according to InfoTrie. The research group identifies positive and negative 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 media sentiment score of 3.6 on InfoTrie's scale. They also gave media stories 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 immediate future. View News Stories for Kite Realty Group Trust.

Are investors shorting Kite Realty Group Trust?

Kite Realty Group Trust saw a decline in short interest in October. As of October 31st, there was short interest totalling 2,730,000 shares, a decline 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 presently 6.6 days. Approximately 3.3% of the shares of the stock are sold short. 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 number of of institutional and retail 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.

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, 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.

Which institutional investors are buying Kite Realty Group Trust stock?

KRG stock was acquired 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.

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 $19.68.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $1.65 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:  281 (Vote Outperform)
Underperform Votes:  390 (Vote Underperform)
Total Votes:  671
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 11/20/2019 by MarketBeat.com Staff

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