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

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

Kite Realty Group Trust announced a quarterly dividend on Thursday, February 13th. Investors 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 dividend on an annualized basis and a yield of 7.84%. 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 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.

Kite Realty Group Trust (NYSE:KRG) posted its quarterly earnings results on Tuesday, February, 18th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by $0.18. The real estate investment trust earned $75.27 million during the quarter, compared to analysts' expectations 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 was down 13.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 earnings per share. View Kite Realty Group Trust's Earnings History.

Kite Realty Group Trust is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Kite Realty Group Trust.

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 earnings per share estimate of $1.54.

7 brokerages have issued 1-year target prices for Kite Realty Group Trust's shares. Their forecasts range from $16.00 to $19.50. On average, they expect Kite Realty Group Trust's stock price to reach $18.25 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets for 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 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kite Realty Group Trust.

News coverage about KRG stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press 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 -5 to 5, with scores nearest to five being the most favorable. Kite Realty Group Trust earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned news stories 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 near future. View News Stories for Kite Realty Group Trust.

Kite Realty Group Trust saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 3,330,000 shares, an increase of 18.9% from the January 30th total of 2,800,000 shares. Based on an average daily volume of 634,000 shares, the days-to-cover ratio is presently 5.3 days. Approximately 4.0% of the company's shares are short sold. 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), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Weingarten Realty Investors (WRI), Agree Realty (ADC), Taubman Centers (TCO), Macerich (MAC), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), Alexander's (ALX) and Getty Realty (GTY).

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), Simon Property Group (SPG), Energy Transfer LP Unit (ET), Innovative Industrial Properties (IIPR), Omega Healthcare Investors (OHI), Tanger Factory Outlet Centers (SKT), Brixmor Property Group (BRX), Ford Motor (F) and Ares Capital (ARCC).

Kite Realty Group Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (5.12%), Renaissance Technologies LLC (3.81%), Investment Counselors of Maryland LLC (2.13%), Geode Capital Management LLC (1.83%), Charles Schwab Investment Management Inc. (1.81%) and Bank of New York Mellon Corp (1.74%). 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 Prudential Financial Inc., Victory Capital Management Inc., State Street Corp, Victory Capital Management Inc., State of New Jersey Common Pension Fund D, KBC Group NV, Arizona State Retirement System and Chicago Equity Partners LLC. View Insider Buying and Selling for Kite Realty Group Trust.

KRG stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, UBS Group AG, Great West Life Assurance Co. Can, Geode Capital Management LLC, Goldman Sachs Group Inc., Point72 Asset Management L.P., Skandinaviska Enskilda Banken AB publ and AJO LP. View Insider Buying and Selling 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 $16.18.

Kite Realty Group Trust has a market capitalization of $1.36 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.View Additional Information About Kite Realty Group Trust.

The official website for Kite Realty Group Trust is http://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]