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Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Financial Day of Reckoning Has Begun (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Boredom, loneliness plague Ukrainian youth near front line
High oil prices help Saudi Aramco earn $88B in first half
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Financial Day of Reckoning Has Begun (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Boredom, loneliness plague Ukrainian youth near front line
High oil prices help Saudi Aramco earn $88B in first half
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Financial Day of Reckoning Has Begun (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Boredom, loneliness plague Ukrainian youth near front line
High oil prices help Saudi Aramco earn $88B in first half
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)

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

$22.01
+0.73 (+3.43%)
(As of 08/12/2022 09:14 PM ET)
Add
Compare
Today's Range
$21.39
$22.01
50-Day Range
$16.99
$22.01
52-Week Range
$16.68
$23.35
Volume
1.55 million shs
Average Volume
1.44 million shs
Market Capitalization
$4.82 billion
P/E Ratio
N/A
Dividend Yield
3.82%
Price Target
$26.00

Kite Realty Group Trust MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.1% Upside
$26.00 Price Target
Short Interest
Healthy
2.26% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.06
Upright™ Environmental Score
News Sentiment
0.94mentions of Kite Realty Group Trust in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.73%
From $1.83 to $1.88 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Finance Sector

626th out of 926 stocks

Real Estate Investment Trusts Industry

115th out of 195 stocks

KRG stock logo

About Kite Realty Group Trust (NYSE:KRG) Stock

Kite 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 retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.

Kite Realty Group Trust Trading Up 3.4 %

NYSE:KRG opened at $22.01 on Friday. The company has a quick ratio of 2.16, a current ratio of 1.25 and a debt-to-equity ratio of 0.77. The stock's 50-day simple moving average is $18.64 and its 200 day simple moving average is $20.66. Kite Realty Group Trust has a 52-week low of $16.68 and a 52-week high of $23.35.

Kite Realty Group Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, October 7th will be given a $0.22 dividend. This is an increase from Kite Realty Group Trust's previous quarterly dividend of $0.21. The ex-dividend date is Thursday, October 6th. This represents a $0.88 annualized dividend and a dividend yield of 4.00%. Kite Realty Group Trust's dividend payout ratio is presently -135.48%.

Analyst Ratings Changes

KRG has been the topic of several recent research reports. Capital One Financial reissued an "overweight" rating on shares of Kite Realty Group Trust in a research report on Wednesday, May 25th. Barclays cut their target price on shares of Kite Realty Group Trust from $29.00 to $28.00 and set an "overweight" rating on the stock in a research note on Friday, July 15th. Compass Point cut their target price on shares of Kite Realty Group Trust from $30.00 to $27.00 and set a "buy" rating on the stock in a research note on Wednesday, June 22nd. Jefferies Financial Group downgraded Kite Realty Group Trust from a "buy" rating to a "hold" rating in a report on Thursday, June 30th. Finally, Piper Sandler cut their price target on Kite Realty Group Trust to $25.00 in a research note on Monday, July 4th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $26.00.

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KRG Stock News Headlines

Best Growth Stocks to Buy for July 29th
Kite Realty: Fly High With This Discounted REIT
Upcoming Dividend Run For KRG?
Kite Realty Group Trust Becomes Oversold
See More Headlines
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KRG Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 7/15 Dividend
7/07/2022
Dividend Payable
7/15/2022
Today
8/15/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
49803T10
Employees
241
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$26.00
High Stock Price Forecast
$28.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+18.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$-80,810,000.00
Pretax Margin
-17.54%

Debt

Sales & Book Value

Annual Sales
$373.32 million
Cash Flow
$0.53 per share
Book Value
$17.93 per share

Miscellaneous

Free Float
216,100,000
Market Cap
$4.82 billion
Optionable
Optionable
Beta
1.32

Key Executives

  • Mr. John A. Kite (Age 56)
    Chairman of Trustees & CEO
    Comp: $3.39M
  • Mr. Thomas K. McGowan (Age 57)
    Pres & COO
    Comp: $1.51M
  • Mr. Heath R. Fear (Age 53)
    Exec. VP, Corp. Sec. & CFO
    Comp: $1.61M
  • Mr. David E. Buell (Age 40)
    Sr. VP & Chief Accounting Officer
  • Mr. Tyler Henshaw
    Sr. VP of Capital Markets, Investor Relations & Corp. Fin.
  • Mr. Pat Casey
    Sr. VP & CTO
  • Mr. Dean Papadakis
    Sr. VP & Chief Legal Officer
  • Mr. Bryan McCarthy
    Sr. VP of Corp. Marketing & Communications
  • Ms. Mellissa M. Boggs SPHR
    Exec. VP of Employee Experience
  • Mr. Mark Jenkins
    Sr. VP of Devel.













KRG Stock - Frequently Asked Questions

Should I buy or sell Kite Realty Group Trust stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last twelve months. 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.
View KRG analyst ratings
or view top-rated stocks.

What is Kite Realty Group Trust's stock price forecast for 2022?

8 brokers have issued 1 year target prices for Kite Realty Group Trust's shares. Their KRG share price forecasts range from $24.00 to $28.00. On average, they expect the company's share price to reach $26.00 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
View analysts price targets for KRG
or view top-rated stocks among Wall Street analysts.

How have KRG shares performed in 2022?

Kite Realty Group Trust's stock was trading at $21.78 at the beginning of the year. Since then, KRG stock has increased by 1.1% and is now trading at $22.01.
View the best growth stocks for 2022 here
.

Are investors shorting Kite Realty Group Trust?

Kite Realty Group Trust saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,940,000 shares, an increase of 20.5% from the July 15th total of 4,100,000 shares. Based on an average daily volume of 1,400,000 shares, the short-interest ratio is currently 3.5 days.
View Kite Realty Group Trust's Short Interest
.

When is Kite Realty Group Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our KRG earnings forecast
.

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

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

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 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 4.00%. 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
.

Is Kite Realty Group Trust a good dividend stock?

Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $0.84 per share and currently has a dividend yield of 3.82%.
Read our dividend analysis for KRG.

When did Kite Realty Group Trust's stock split?

Kite Realty Group Trust shares 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 closing bell 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.

What guidance has Kite Realty Group Trust issued on next quarter's earnings?

Kite Realty Group Trust issued an update on 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 -.

What is John A. Kite's approval rating as Kite Realty Group Trust's CEO?

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.

What other stocks do shareholders of Kite Realty Group Trust own?

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."

Who are Kite Realty Group Trust's major shareholders?

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%), Deutsche Bank AG (3.03%), Northern Trust Corp (1.60%), William Blair Investment Management LLC (1.04%), Russell Investments Group Ltd. (0.95%) and Kennedy Capital Management Inc. (0.55%). Insiders that own company stock include John A Kite and R Fear Heath.
View institutional ownership trends
.

How do I buy shares of Kite Realty Group Trust?

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.
Compare Top Brokerages Here.

What is Kite Realty Group Trust's stock price today?

One share of KRG stock can currently be purchased for approximately $22.01.

How much money does Kite Realty Group Trust make?

Kite Realty Group Trust (NYSE:KRG) has a market capitalization of $4.82 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.

How many employees does Kite Realty Group Trust have?

The company employs 241 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 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.

This page (NYSE:KRG) was last updated on 8/15/2022 by MarketBeat.com Staff

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