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

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$15.42 -0.07 (-0.45 %)
(As of 03/25/2019 09:41 AM ET)
Previous Close$15.49
Today's Range$15.4201 - $15.58
52-Week Range$13.66 - $17.75
Volume26,592 shs
Average Volume600,019 shs
Market Capitalization$1.29 billion
P/E Ratio7.71
Dividend Yield8.20%
Beta0.87
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.

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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$1.1954 per share
Book Value$16.88 per share

Profitability

Net Income$-46,570,000.00

Miscellaneous

EmployeesN/A
Market Cap$1.29 billion
Next Earnings Date4/24/2019 (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 announced a quarterly dividend on Thursday, February 14th. Stockholders of record on Friday, March 22nd will be paid a dividend of $0.3175 per share on Friday, March 29th. This represents a $1.27 annualized dividend and a dividend yield of 8.20%. The ex-dividend date is Thursday, March 21st. 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) posted its quarterly earnings data on Tuesday, February, 19th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.01. The real estate investment trust earned $86.90 million during the quarter, compared to the consensus estimate of $85.31 million. Kite Realty Group Trust had a negative return on equity of 3.15% and a negative net margin of 13.15%. The firm's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.50 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 Wednesday, April 24th 2019. 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 FY 2019 earnings guidance on Tuesday, February, 19th. The company provided earnings per share (EPS) guidance of $1.66-1.76 for the period.

What price target have analysts set for KRG?

7 brokerages have issued twelve-month price targets for Kite Realty Group Trust's stock. Their forecasts range from $15.00 to $17.00. On average, they expect Kite Realty Group Trust's stock price to reach $16.1250 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Kite Realty Group Trust.

What is the consensus analysts' recommendation 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.

Has Kite Realty Group Trust been receiving favorable news coverage?

Media headlines about KRG stock have trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 news impact score of -1.1 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

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

What other stocks do shareholders of Kite Realty Group Trust own?

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), Ladder Capital (LADR), Iron Mountain (IRM), Physicians Realty Trust (DOC), Invesco Mortgage Capital (IVR), Brixmor Property Group (BRX), Uniti Group (UNIT), Two Harbors Investment (TWO) and Ventas (VTR).

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. Scott E. Murray, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)
  • Mr. Heath R. Fear, Exec. VP & CFO (Age 50)
  • Mr. David E. Buell, Sr. VP & Chief Accounting Officer (Age 37)

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 BlackRock Inc. (17.41%), Macquarie Group Ltd. (4.98%), Victory Capital Management Inc. (2.46%), American Century Companies Inc. (2.05%), Investment Counselors of Maryland LLC (2.00%) and Northern Trust Corp (1.84%). 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 major investors are selling Kite Realty Group Trust stock?

KRG stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Northern Trust Corp, Bank of New York Mellon Corp, Coronation Fund Managers Ltd., Uniplan Investment Counsel Inc., Chilton Capital Management LLC, Mackenzie Financial Corp and Amundi Pioneer Asset Management Inc.. 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 Norges Bank, BlackRock Inc., Oregon Public Employees Retirement Fund, Macquarie Group Ltd., LSV Asset Management, Securian Asset Management Inc, Peregrine Capital Management LLC and Prudential Financial Inc.. 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, Scottrade, 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 $15.49.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $1.30 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.

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:  247 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  585
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 3/25/2019 by MarketBeat.com Staff

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