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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" KRG shares.
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8 brokers have issued 1 year target prices for Kite Realty Group Trust's stock. Their KRG share price forecasts range from $22.00 to $28.00. On average, they expect the company's stock price to reach $25.75 in the next twelve months. This suggests a possible upside of 52.0% from the stock's current price.
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Kite Realty Group Trust's stock was trading at $21.78 at the beginning of 2022. Since then, KRG shares have decreased by 22.2% and is now trading at $16.94.
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Kite Realty Group Trust saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 5,600,000 shares, an increase of 13.4% from the July 31st total of 4,940,000 shares. Based on an average daily volume of 1,340,000 shares, the days-to-cover ratio is currently 4.2 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our KRG earnings forecast.

Kite Realty Group Trust (NYSE:KRG) posted its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.48. Kite Realty Group Trust had a negative trailing twelve-month return on equity of 3.37% and a negative net margin of 17.23%. During the same quarter in the prior year, the firm posted $0.34 earnings per share.

Kite Realty Group Trust announced a quarterly dividend on Wednesday, August 10th. Shareholders of record on Friday, October 7th will be paid a dividend of $0.22 per share on Friday, October 14th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date of this dividend is Thursday, October 6th. This is an increase from the stock's previous quarterly dividend of $0.21.
Read our dividend analysis for KRG.

Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.74%. KRG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for KRG.

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 stock prior to the reverse split would have 25 shares after the split.

Kite Realty Group Trust updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $1.80-$1.86 for the period. The company issued revenue guidance of -.

11 employees have rated Kite Realty Group Trust Chief Executive Officer John A. Kite on Glassdoor.com. John A. Kite has an approval rating of 50% among the company's employees. This puts John A. Kite in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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

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 investors include JPMorgan Chase & Co. (8.14%), State Street Corp (5.99%), Macquarie Group Ltd. (4.08%), Deutsche Bank AG (3.03%), Northern Trust Corp (1.60%) and Prudential Financial Inc. (1.11%). Insiders that own company stock include Gerald M Gorski, John A Kite and R Fear Heath.
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Shares of KRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KRG stock can currently be purchased for approximately $16.94.

Kite Realty Group Trust (NYSE:KRG) has a market capitalization of $3.71 billion and generates $373.32 million in revenue each year. The real estate investment trust earns $-80,810,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis.

The company employs 241 workers across the globe.

Kite Realty Group Trust's mailing address is 30 S MERIDIAN STREET SUITE 1100, INDIANAPOLIS IN, 46204. The official website for the company is www.kiterealty.com. The real estate investment trust can be reached via phone at (317) 577-5600, via email at hfear@kiterealty.com, or via fax at 317-557-5605.