NYSE:KRG - Kite Realty Group Trust Stock Price, Price Target & More

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$16.82 +0.25 (+1.51 %)
(As of 07/19/2018 11:43 AM ET)
Previous Close$16.55
Today's Range$16.49 - $16.82
52-Week Range$13.87 - $21.57
Volume4,588 shs
Average Volume569,009 shs
Market Capitalization$1.39 billion
P/E Ratio8.12
Dividend Yield7.63%
Beta0.5
Kite Realty Group Trust logoKite 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 diverse portfolio of high-quality community, neighborhood, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders. For more information, please visit our website at kiterealty.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:KRG
CUSIP49803T10
Phone317-577-5600

Debt

Debt-to-Equity Ratio1.08
Current Ratio0.84
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio8.12
Forward P/E Ratio8.41
P/E Growth1.96

Sales & Book Value

Annual Sales$358.82 million
Price / Sales3.92
Cash Flow$2.1731 per share
Price / Cash7.74
Book Value$18.74 per share
Price / Book0.90

Profitability

EPS (Most Recent Fiscal Year)$2.04
Net Income$11.87 million
Net Margins-1.69%
Return on Equity-0.38%
Return on Assets-0.17%

Miscellaneous

Employees147
Outstanding Shares83,670,000
Market Cap$1,393.17

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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 declared a quarterly dividend on Thursday, May 10th. Shareholders of record on Friday, July 6th will be paid a dividend of $0.317 per share on Friday, July 13th. This represents a $1.27 dividend on an annualized basis and a yield of 7.54%. The ex-dividend date is Thursday, July 5th. 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?

Shares of Kite Realty Group Trust reverse split on the morning of 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.

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

Kite Realty Group Trust (NYSE:KRG) announced its quarterly earnings data on Wednesday, April, 25th. The real estate investment trust reported $0.51 EPS for the quarter, beating the Zacks' consensus estimate of $0.49 by $0.02. The real estate investment trust earned $89.76 million during the quarter, compared to the consensus estimate of $88.38 million. Kite Realty Group Trust had a negative return on equity of 0.38% and a negative net margin of 1.69%. The company's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 earnings per share. 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, August, 1st 2018. 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 FY18 earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $1.98-2.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.00.

What price target have analysts set for KRG?

9 Wall Street analysts have issued 12 month price objectives for Kite Realty Group Trust's shares. Their forecasts range from $15.00 to $23.00. 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 7.0% from the stock's current price. View Analyst Ratings for Kite Realty Group Trust.

What is the consensus analysts' recommendation for Kite Realty Group Trust?

9 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

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 52)
  • Mr. Thomas K. McGowan, Pres and Chief Operating Officer (Age 53)
  • Mr. Daniel R. Sink CPA, Exec. VP & CFO (Age 50)
  • Mr. Scott E. Murray, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)
  • Mr. David E. Buell, Sr. VP & Chief Accounting Officer (Age 36)

Has Kite Realty Group Trust been receiving favorable news coverage?

News stories about KRG stock have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kite Realty Group Trust earned a news impact score of 0.06 on Accern's scale. They also assigned media stories about the real estate investment trust an impact score of 45.67 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Kite Realty Group Trust's major shareholders?

Kite Realty Group Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (1.02%), Peregrine Capital Management LLC (0.38%), State of Alaska Department of Revenue (0.07%), Fox Run Management L.L.C. (0.03%) and Gofen & Glossberg LLC IL (0.02%). Company insiders that own Kite Realty Group Trust stock include Charles H Wurtzebach, Daniel R Sink, John A Kite, 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 State of Alaska Department of Revenue, Dalton Greiner Hartman Maher & Co. and Gofen & Glossberg LLC IL. Company insiders that have sold Kite Realty Group Trust company stock in the last year include John A Kite, Thomas K Mcgowan and Thomas R Olinger. View Insider Buying and Selling for Kite Realty Group Trust.

Which institutional investors are buying Kite Realty Group Trust stock?

KRG stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Fox Run Management L.L.C.. Company insiders that have bought Kite Realty Group Trust stock in the last two years include Charles H Wurtzebach 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 $16.82.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $1.39 billion and generates $358.82 million in revenue each year. The real estate investment trust earns $11.87 million in net income (profit) each year or $2.04 on an earnings per share basis. Kite Realty Group Trust employs 147 workers across the globe.

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:  2.2 out of 5 (star star)
Outperform Votes:  214 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  476
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 7/19/2018 by MarketBeat.com Staff

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