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

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$15.92 +0.42 (+2.71 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$15.50
Today's Range$15.57 - $15.96
52-Week Range$13.66 - $17.75
Volume415,614 shs
Average Volume551,690 shs
Market Capitalization$1.33 billion
P/E Ratio7.96
Dividend Yield8.19%
Beta0.87
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 tenants 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP49803T10
Phone317-577-5600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$354.18 million
Cash Flow$1.2341 per share
Book Value$16.88 per share

Profitability

Net Income$-46,570,000.00

Miscellaneous

EmployeesN/A
Market Cap$1.33 billion
Next Earnings Date5/6/2019 (Confirmed)
OptionableOptionable

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 declared a quarterly dividend on Thursday, February 14th. Shareholders of record on Friday, March 22nd will be paid a dividend of $0.3175 per share on Friday, March 29th. This represents a $1.27 dividend on an annualized basis and a yield of 7.98%. The ex-dividend date of this dividend is Thursday, March 21st. 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 the morning of 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 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) released its quarterly earnings results on Tuesday, February, 19th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.01. The real estate investment trust had revenue of $86.90 million for the quarter, compared to analyst estimates of $85.31 million. Kite Realty Group Trust had a negative net margin of 13.15% and a negative return on equity of 3.15%. The firm's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.50 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 Monday, May 6th 2019. View Earnings Estimates for Kite Realty Group Trust.

How can I listen to Kite Realty Group Trust's earnings call?

Kite Realty Group Trust will be holding an earnings conference call on Tuesday, May 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8443090605.

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

Kite Realty Group Trust issued an update on its FY 2019 earnings guidance on Tuesday, February, 19th. The company provided earnings per share (EPS) guidance of $1.66-1.76 for the period.

What price target have analysts set for KRG?

7 brokerages have issued 12 month price objectives for Kite Realty Group Trust's shares. Their predictions range from $15.00 to $17.00. On average, they anticipate Kite Realty Group Trust's stock price to reach $16.1250 in the next year. This suggests a possible upside of 1.3% from the stock's current price. View Analyst Price Targets for Kite Realty Group Trust.

What is the consensus analysts' recommendation 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 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kite Realty Group Trust.

Has Kite Realty Group Trust been receiving favorable news coverage?

Media headlines about KRG stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of 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 -1.4 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Are investors shorting Kite Realty Group Trust?

Kite Realty Group Trust saw a increase in short interest in March. As of March 15th, there was short interest totalling 2,716,964 shares, an increase of 63.0% from the February 28th total of 1,666,976 shares. Based on an average daily volume of 632,671 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.3% of the shares of the stock are short sold. View Kite Realty Group Trust's Current Options Chain.

Who are some of Kite Realty Group Trust's key competitors?

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Kite Realty Group Trust investors own include New Residential Investment (NRZ), Ares Capital (ARCC), Ladder Capital (LADR), Physicians Realty Trust (DOC), Invesco Mortgage Capital (IVR), Uniti Group (UNIT), Brixmor Property Group (BRX), Iron Mountain (IRM), Two Harbors Investment (TWO) and Ventas (VTR).

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 53)
  • Mr. Thomas K. McGowan, Pres and Chief Operating Officer (Age 54)
  • Mr. Scott E. Murray, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)
  • Mr. Heath R. Fear, Exec. VP & CFO (Age 50)
  • Mr. David E. Buell, Sr. VP & Chief Accounting Officer (Age 37)

Who are Kite Realty Group Trust's major shareholders?

Kite Realty Group Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.41%), Macquarie Group Ltd. (4.98%), Victory Capital Management Inc. (2.46%), American Century Companies Inc. (2.05%), Investment Counselors of Maryland LLC (2.00%) and Northern Trust Corp (1.84%). Company insiders that own Kite Realty Group Trust stock include Charles H Wurtzebach, John A Kite, R Fear Heath, Thomas K Mcgowan, Thomas R Olinger and William E Bindley. View Institutional Ownership Trends for Kite Realty Group Trust.

Which institutional investors are selling Kite Realty Group Trust stock?

KRG stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Northern Trust Corp, Bank of New York Mellon Corp, Coronation Fund Managers Ltd., Uniplan Investment Counsel Inc., Chilton Capital Management LLC, Mackenzie Financial Corp and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for Kite Realty Group Trust.

Which institutional investors are buying Kite Realty Group Trust stock?

KRG stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Oregon Public Employees Retirement Fund, Macquarie Group Ltd., LSV Asset Management, Securian Asset Management Inc, Peregrine Capital Management LLC and Prudential Financial Inc.. Company insiders that have bought Kite Realty Group Trust stock in the last two years include Charles H Wurtzebach, R Fear Heath 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 $15.92.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $1.33 billion and generates $354.18 million in revenue each year. The real estate investment trust earns $-46,570,000.00 in net income (profit) each year or $2.00 on an earnings per share basis.

What is Kite Realty Group Trust's official website?

The official website for Kite Realty Group Trust is http://www.kiterealty.com.

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 (NYSE KRG)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  339 (Vote Underperform)
Total Votes:  586
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 3/26/2019 by MarketBeat.com Staff

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