NYSE:KRGKite Realty Group Trust Stock Price, Forecast & News

Kite Realty Group Trust's stock was trading at $14.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KRG stock has decreased by 4.3% and is now trading at $14.29. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Kite Realty Group Trust.

Kite Realty Group Trust is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Kite Realty Group Trust.

Kite Realty Group Trust (NYSE:KRG) announced its quarterly earnings data on Wednesday, May, 6th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.38 by $0.39. The real estate investment trust had revenue of $69.91 million for the quarter, compared to analysts' expectations of $70.80 million. Kite Realty Group Trust had a negative return on equity of 0.48% and a negative net margin of 2.09%. View Kite Realty Group Trust's earnings history.

Kite Realty Group Trust declared a quarterly dividend on Thursday, February 13th. Shareholders of record on Friday, March 27th will be paid a dividend of $0.317 per share on Friday, April 3rd. This represents a $1.27 annualized dividend and a dividend yield of 8.87%. The ex-dividend date of this dividend is Thursday, March 26th. View Kite Realty Group Trust's dividend history.

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 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.

9 brokers have issued 1 year price objectives for Kite Realty Group Trust's stock. Their forecasts range from $8.00 to $18.00. On average, they anticipate Kite Realty Group Trust's share price to reach $13.00 in the next year. This suggests that the stock has a possible downside of 9.0%. View analysts' price targets for Kite Realty Group Trust.

News stories about KRG stock have trended positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Kite Realty Group Trust earned a news impact score of 2.4 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutKite Realty Group Trust.

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), Agree Realty (ADC), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), Alexander's (ALX), Macerich (MAC) and Getty Realty (GTY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kite Realty Group Trust investors own include New Residential Investment (NRZ), AT&T (T), Omega Healthcare Investors (OHI), Simon Property Group (SPG), Innovative Industrial Properties (IIPR), Energy Transfer LP Unit (ET), Medical Properties Trust (MPW), Starwood Property Trust (STWD), Ventas (VTR) and Brixmor Property Group (BRX).

Kite Realty Group Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRG."

Kite Realty Group Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.30%), State Street Corp (5.75%), Fuller & Thaler Asset Management Inc. (3.68%), Citigroup Inc. (2.16%), Investment Counselors of Maryland LLC (2.13%) and JPMorgan Chase & Co. (1.97%). 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.

KRG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, UBS Group AG, Nuveen Asset Management LLC, Clearbridge Investments LLC, Parametric Portfolio Associates LLC, Fuller & Thaler Asset Management Inc., and AQR Capital Management LLC. View insider buying and selling activity for Kite Realty Group Trust.

KRG stock was purchased by a variety of institutional investors in the last quarter, including Citigroup Inc., JPMorgan Chase & Co., State Street Corp, APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, WINTON GROUP Ltd, and AJO LP. View insider buying and selling activity 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 $14.29.

Kite Realty Group Trust has a market capitalization of $1.20 billion 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.

The official website for Kite Realty Group Trust is 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]