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

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$17.46 -0.06 (-0.34 %)
(As of 06/25/2018 10:14 AM ET)
Previous Close$17.54
Today's Range$17.40 - $17.58
52-Week Range$13.87 - $21.57
Volume4,428 shs
Average Volume712,166 shs
Market Capitalization$1.47 billion
P/E Ratio8.59
Dividend Yield7.25%
Beta0.51
Kite Realty Group Trust logoKite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) engaged primarily in the ownership and operation, acquisition, development and redevelopment of high-quality neighborhood and community shopping centers in select markets in the United States. As of December 31, 2017, we owned interests in 117 operating and redevelopment properties totaling approximately 23.3 million square feet and two development projects currently under construction. Our strategy is to maximize the cash flow of our operating properties, successfully complete the construction and lease-up of our redevelopment and development portfolio, and identify additional opportunities to acquire or dispose of properties to further strengthen the Company. New investments are focused in the shopping center sector primarily in markets where we believe we can leverage our existing infrastructure and relationships to generate attractive risk-adjusted returns or otherwise in desirable trade areas. Dispositions are generally designed to increase the quality of our portfolio and to strengthen the Company's balance sheet.

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Industry, Sector and Symbol

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 Ratio8.59
Forward P/E Ratio8.73
P/E Growth2.04

Sales & Book Value

Annual Sales$358.82 million
Price / Sales4.07
Cash Flow$2.1450 per share
Price / Cash8.14
Book Value$18.74 per share
Price / Book0.93

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

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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 announced 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 annualized dividend and a yield of 7.23%. 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?

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.

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

Kite Realty Group Trust (NYSE:KRG) issued its quarterly earnings results on Wednesday, April, 25th. The real estate investment trust reported $0.51 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.02. The real estate investment trust had revenue of $89.76 million for the quarter, compared to the consensus estimate of $88.38 million. Kite Realty Group Trust had a negative net margin of 1.69% and a negative return on equity of 0.38%. The firm's revenue was down .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.51 EPS. 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, July, 25th 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 brokerages have issued 12-month target prices 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 twelve months. View Analyst Ratings for Kite Realty Group Trust.

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 coverage about KRG stock has trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kite Realty Group Trust earned a media sentiment score of 0.17 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 46.29 out of 100, meaning that recent news 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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.28%), Victory Capital Management Inc. (2.17%), Northern Trust Corp (2.15%), American Century Companies Inc. (2.14%), Schwab Charles Investment Management Inc. (1.59%) and Dimensional Fund Advisors LP (1.59%). 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 major investors are selling Kite Realty Group Trust stock?

KRG stock was sold by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., BlackRock Inc., Teachers Insurance & Annuity Association of America, Virginia Retirement Systems ET AL, BNP Paribas Arbitrage SA, Guggenheim Capital LLC, UBS Group AG and Uniplan Investment Counsel Inc.. 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 major investors are buying Kite Realty Group Trust stock?

KRG stock was bought by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, Prudential Financial Inc., Victory Capital Management Inc., Citadel Advisors LLC, Millennium Management LLC, Sei Investments Co., Susquehanna Fundamental Investments LLC and American Century Companies Inc.. 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 $17.54.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $1.47 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 (KRG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  206 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  457
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 6/25/2018 by MarketBeat.com Staff

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