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

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KRG shares.
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10 analysts have issued 12-month target prices for Kite Realty Group Trust's stock. Their KRG share price forecasts range from $22.00 to $27.00. On average, they predict the company's stock price to reach $25.25 in the next year. This suggests a possible upside of 17.1% from the stock's current price.
View analysts price targets for KRG or view top-rated stocks among Wall Street analysts.

Kite Realty Group Trust's stock was trading at $21.05 at the beginning of 2023. Since then, KRG stock has increased by 2.5% and is now trading at $21.57.
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Kite Realty Group Trust saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 7,220,000 shares, an increase of 5.1% from the December 15th total of 6,870,000 shares. Based on an average daily trading volume, of 1,640,000 shares, the days-to-cover ratio is currently 4.4 days.
View Kite Realty Group Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
View our KRG earnings forecast.

Kite Realty Group Trust will be holding an earnings conference call on Tuesday, February 14th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link.

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 the consensus estimate of $0.40 by $0.48. Kite Realty Group Trust had a negative trailing twelve-month return on equity of 2.81% and a negative net margin of 14.43%. During the same quarter in the previous year, the company posted $0.34 EPS.

Kite Realty Group Trust announced a quarterly dividend on Wednesday, November 9th. Shareholders of record on Friday, January 6th will be paid a dividend of $0.24 per share on Friday, January 13th. This represents a $0.96 annualized dividend and a dividend yield of 4.45%. The ex-dividend date of this dividend is Thursday, January 5th. This is a positive change from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for KRG.

Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.45%. 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 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.

Kite Realty Group Trust issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of $1.86-$1.90 for the period, compared to the consensus estimate of $1.83. 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 institutional and retail investors. Top institutional shareholders include Strs Ohio (0.36%), Ziegler Capital Management LLC (0.22%), State of Alaska Department of Revenue (0.06%), Comerica Bank (0.06%), Yousif Capital Management LLC (0.05%) and Oregon Public Employees Retirement Fund (0.03%). Insiders that own company stock include Gerald M Gorski, John A Kite, R Fear Heath and Steven P Grimes.
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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 $21.57.

Kite Realty Group Trust (NYSE:KRG) has a market capitalization of $4.73 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 ($0.58) 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.