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

$9.66
-0.63 (-6.12 %)
(As of 03/29/2020 02:13 AM ET)
Today's Range
$9.54
Now: $9.66
$10.15
50-Day Range
$8.38
MA: $15.19
$18.00
52-Week Range
$7.85
Now: $9.66
$19.77
Volume756,813 shs
Average Volume1.05 million shs
Market Capitalization$811.73 million
P/E RatioN/A
Dividend Yield12.34%
Beta0.99
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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Kite Realty Group Trust logo

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$315.17 million
Cash Flow$1.44 per share
Book Value$15.36 per share

Profitability

Net Income$-530,000.00

Miscellaneous

Employees144
Market Cap$811.73 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Kite Realty Group Trust (NYSE:KRG) Frequently Asked Questions

How has Kite Realty Group Trust's stock been impacted by COVID-19 (Coronavirus)?

Kite Realty Group Trust's stock was trading at $14.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KRG stock has decreased by 35.3% and is now trading at $9.66. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 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.

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

Kite Realty Group Trust is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Kite Realty Group Trust.

How were Kite Realty Group Trust's earnings last quarter?

Kite Realty Group Trust (NYSE:KRG) issued its quarterly earnings data on Tuesday, February, 18th. The real estate investment trust reported $0.21 EPS for the quarter, missing the consensus estimate of $0.39 by $0.18. The real estate investment trust earned $75.27 million during the quarter, compared to the consensus estimate of $73.17 million. Kite Realty Group Trust had a negative net margin of 0.16% and a negative return on equity of 0.04%. The business's revenue for the quarter was down 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.48 earnings per share. View Kite Realty Group Trust's earnings history.

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 13th. Shareholders of record on Friday, March 27th will be given a dividend of $0.317 per share on Friday, April 3rd. This represents a $1.27 annualized dividend and a yield of 13.13%. The ex-dividend date is Thursday, March 26th. 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 before market open 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 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.

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

Kite Realty Group Trust issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share (EPS) guidance of $1.48 to $1.52 for the period, compared to the Thomson Reuters consensus estimate of $1.54.

What price target have analysts set for KRG?

7 brokerages have issued 12-month 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 $18.00 in the next year. This suggests a possible upside of 86.3% from the stock's current price. View analysts' price targets for Kite Realty Group Trust.

Has Kite Realty Group Trust been receiving favorable news coverage?

News articles about KRG stock have been trending negative recently, according to InfoTrie. The research group scores the sentiment of press 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 nearest to five being the most favorable. Kite Realty Group Trust earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutKite Realty Group Trust.

Are investors shorting Kite Realty Group Trust?

Kite Realty Group Trust saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 2,958,900 shares, a drop of 14.5% from the February 27th total of 3,460,000 shares. Based on an average trading volume of 741,600 shares, the short-interest ratio is currently 4.0 days. Currently, 3.6% of the shares of the company 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 following 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)

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."

Who are Kite Realty Group Trust's major shareholders?

Kite Realty Group Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Macquarie Group Ltd. (5.38%), Macquarie Group Ltd. (5.38%), State Street Corp (5.12%), Renaissance Technologies LLC (3.81%), Investment Counselors of Maryland LLC (2.13%) and Geode Capital Management LLC (1.83%). Company insiders that own Kite Realty Group Trust stock include John A Kite and R Fear Heath. 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 Prudential Financial Inc., Victory Capital Management Inc., State Street Corp, Victory Capital Management Inc., Nuveen Asset Management LLC, State of New Jersey Common Pension Fund D, KBC Group NV, and Arizona State Retirement System. View insider buying and selling activity 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, Macquarie Group Ltd., Macquarie Group Ltd., Renaissance Technologies LLC, UBS Group AG, Great West Life Assurance Co. Can, Geode Capital Management LLC, and Goldman Sachs Group Inc.. View insider buying and selling activity 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 $9.66.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $811.73 million and generates $315.17 million in revenue each year. The real estate investment trust earns $-530,000.00 in net income (profit) each year or $1.66 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:  307 (Vote Outperform)
Underperform Votes:  424 (Vote Underperform)
Total Votes:  731
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 3/29/2020 by MarketBeat.com Staff

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