NYSE:KRG Kite Realty Group Trust Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kite Realty Group Trust Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.89 +0.24 (+2.25 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$10.55Now: $10.89▼$10.9350-Day Range$10.45MA: $11.54▼$12.5952-Week Range$6.87Now: $10.89▼$19.77Volume292,475 shsAverage Volume726,507 shsMarket Capitalization$917.11 millionP/E RatioN/ADividend Yield1.97%Beta1.18 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingKite Realty Group Trust has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.83, Kite Realty Group Trust has a forecasted upside of 27.0% from its current price of $10.89.Amount of Analyst CoverageKite Realty Group Trust has only been the subject of 4 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesKite Realty Group Trust has received 310 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKite Realty Group Trust has received 439 “underperform” votes. (Add your “underperform” vote.)Community SentimentKite Realty Group Trust has received 58.61% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldKite Realty Group Trust pays a meaningful dividend of 1.97%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKite Realty Group Trust has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Kite Realty Group Trust is 12.65%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 15.33% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kite Realty Group Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.11% of the stock of Kite Realty Group Trust is held by insiders.Percentage Held by Institutions92.18% of the stock of Kite Realty Group Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Kite Realty Group Trust are expected to grow by 5.38% in the coming year, from $1.30 to $1.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is -90.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Kite Realty Group Trust is -90.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioKite Realty Group Trust has a PEG Ratio of 7.37. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKite Realty Group Trust has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.00 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:KRG Previous Symbol CUSIP49803T10 CIK1286043 Webwww.kiterealty.com Phone317-577-5600Debt Debt-to-Equity Ratio1.08 Current Ratio3.40 Quick Ratio3.40Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio8.38 P/E Growth7.37 Sales & Book Value Annual Sales$315.17 million Price / Sales2.91 Cash Flow$1.44 per share Price / Cash Flow7.55 Book Value$15.36 per share Price / Book0.71Profitability EPS (Most Recent Fiscal Year)$1.66 Net Income$-530,000.00 Net Margins-3.27% Return on Equity-0.73% Return on Assets-0.33%Miscellaneous Employees144 Outstanding Shares84,216,000Market Cap$917.11 million Next Earnings Date10/28/2020 (Confirmed) OptionableOptionable $10.89 +0.24 (+2.25 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive KRG News and Ratings via Email Sign-up to receive the latest news and ratings for KRG and its competitors with MarketBeat's FREE daily newsletter. Kite Realty Group Trust (NYSE:KRG) Frequently Asked Questions How has Kite Realty Group Trust's stock been impacted by Coronavirus (COVID-19)? Kite Realty Group Trust's stock was trading at $14.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KRG stock has decreased by 27.1% and is now trading at $10.89. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Kite Realty Group Trust? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Kite Realty Group Trust. When is Kite Realty Group Trust's next earnings date? Kite Realty Group Trust is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020. View our earnings forecast 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 Wednesday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) posted its quarterly earnings results on Wednesday, August, 5th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.35. Kite Realty Group Trust had a negative net margin of 3.27% and a negative return on equity of 0.73%. View Kite Realty Group Trust's earnings history. 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 Tuesday, September 15th. Stockholders of record on Friday, October 2nd will be given a dividend of $0.08 per share on Friday, October 9th. This represents a $0.32 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Thursday, October 1st. This is a boost from Kite Realty Group Trust's previous quarterly dividend of $0.05. 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? Shares of Kite Realty Group Trust 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. What price target have analysts set for KRG? 10 Wall Street analysts have issued twelve-month target prices for Kite Realty Group Trust's shares. Their forecasts range from $11.00 to $18.00. On average, they anticipate Kite Realty Group Trust's share price to reach $13.83 in the next year. This suggests a possible upside of 27.0% from the stock's current price. View analysts' price targets for Kite Realty Group Trust. Are investors shorting Kite Realty Group Trust? Kite Realty Group Trust saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,540,000 shares, an increase of 19.8% from the August 15th total of 3,790,000 shares. Based on an average daily volume of 582,500 shares, the days-to-cover ratio is currently 7.8 days. Currently, 5.4% of the company's stock are short sold. View Kite Realty Group Trust's Short Interest. Who are some of Kite Realty Group Trust's key competitors? Some companies that are related to Kite Realty Group Trust include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Agree Realty (ADC), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Alexander's (ALX), Retail Opportunity Investments (ROIC), Retail Properties of America (RPAI), Getty Realty (GTY), Macerich (MAC) and Acadia Realty Trust (AKR). View all 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), Omega Healthcare Investors (OHI), Innovative Industrial Properties (IIPR), AT&T (T), Brixmor Property Group (BRX), Energy Transfer LP Unit (ET), Medical Properties Trust (MPW), Ventas (VTR), Simon Property Group (SPG) and Brookfield Property Partners (BPY). Who are Kite Realty Group Trust's key executives? Kite Realty Group Trust's management team includes the following people: Mr. John A. Kite, Chairman & CEO (Age 53)Mr. Thomas K. McGowan, Pres and Chief Operating Officer (Age 54)Mr. Heath R. Fear, Exec. VP & CFO (Age 50)Mr. David E. Buell, Sr. VP & Chief Accounting Officer (Age 37)Mr. Scott E. Murray, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45) 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.71%), Macquarie Group Ltd. (5.64%), Bank of New York Mellon Corp (1.59%), Charles Schwab Investment Management Inc. (1.45%), Victory Capital Management Inc. (1.44%) and Nuveen Asset Management LLC (1.19%). 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. 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 Charles Schwab Investment Management Inc., Macquarie Group Ltd., Vanguard Group Inc., Bank of America Corp DE, Bessemer Group Inc., Nuveen Asset Management LLC, Victory Capital Management Inc., and Bank of New York Mellon Corp. View insider buying and selling activity for Kite Realty Group Trust. Which institutional investors are buying Kite Realty Group Trust stock? KRG stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Barclays PLC, Jane Street Group LLC, UBS Group AG, Swiss National Bank, Foundry Partners LLC, Handelsbanken Fonder AB, and Arrow Investment Advisors LLC. View insider buying and selling activity 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, Robinhood, 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 $10.89. How big of a company is Kite Realty Group Trust? Kite Realty Group Trust has a market capitalization of $917.11 million 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. What is Kite Realty Group Trust's official website? The official website for Kite Realty Group Trust is 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
