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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KRG shares have decreased by 30.9% and is now trading at $10.31. 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 Wednesday, August 5th 2020. View our earnings forecast for Kite Realty Group Trust.

Kite Realty Group Trust will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Kite Realty Group Trust (NYSE:KRG) released its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.39. The real estate investment trust earned $69.91 million during 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, June 18th. Investors of record on Thursday, July 2nd will be paid a dividend of $0.052 per share on Thursday, July 9th. This represents a $0.21 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend is Wednesday, July 1st. View Kite Realty Group Trust's dividend history.

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.

9 analysts have issued 12-month price objectives for Kite Realty Group Trust's stock. Their forecasts range from $11.00 to $18.00. On average, they anticipate Kite Realty Group Trust's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 30.9% from the stock's current price. View analysts' price targets for Kite Realty Group Trust.

Media headlines about KRG stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kite Realty Group Trust earned a media sentiment score of -4.3 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the next few days. View the latest news about Kite Realty Group Trust.

Kite Realty Group Trust saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 4,340,000 shares, an increase of 17.0% from the June 15th total of 3,710,000 shares. Based on an average daily volume of 857,900 shares, the days-to-cover ratio is presently 5.1 days. Currently, 5.2% of the shares of the stock are sold short. 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), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Getty Realty (GTY), Alexander's (ALX), Macerich (MAC), Retail Opportunity Investments (ROIC) and Acadia Realty Trust (AKR). 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 number of retail and institutional investors. Top institutional shareholders include 6 Meridian (0.02%). 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 6 Meridian. 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 $10.31.

Kite Realty Group Trust has a market capitalization of $867.26 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.

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]