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 open-air shopping centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Current SymbolNYSE:KRG
Previous Symbol
CUSIP49803T10
Phone317-577-5600
Debt
Debt-to-Equity Ratio1.07
Current Ratio0.89
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio7.75
Forward P/E Ratio7.90
P/E Growth1.87
Sales & Book Value
Annual Sales$358.82 million
Price / Sales3.69
Cash Flow$2.1123 per share
Price / Cash7.48
Book Value$18.74 per share
Price / Book0.84
Profitability
EPS (Most Recent Fiscal Year)$2.04
Net Income$11.87 million
Net Margins-3.66%
Return on Equity-0.86%
Return on Assets-0.39%
Miscellaneous
Employees147
Outstanding Shares83,710,000
Market Cap$1.35 billion
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 Friday, August 31st. Investors of record on Friday, October 5th will be paid a dividend of $0.3175 per share on Friday, October 12th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 8.04%. The ex-dividend date of this dividend is Thursday, October 4th. This is an increase from Kite Realty Group Trust's previous quarterly dividend of $0.32. 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 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 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) posted its quarterly earnings data on Wednesday, April, 25th. The real estate investment trust reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.02. The real estate investment trust earned $89.76 million during the quarter, compared to analyst estimates of $88.38 million. Kite Realty Group Trust had a negative net margin of 3.66% and a negative return on equity of 0.86%. The company's revenue was down .4% on a year-over-year basis. During the same period last 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?
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, October, 31st. The company provided EPS guidance of $1.98 to $2.01 for the period, compared to the Thomson Reuters consensus estimate of $2.00. Kite Realty Group Trust also updated its FY 2018 guidance to $1.98-2.01 EPS.
What price target have analysts set for KRG?
8 equities research analysts have issued 1 year price objectives for Kite Realty Group Trust's shares. Their predictions range from $15.00 to $23.00. On average, they expect Kite Realty Group Trust's stock price to reach $17.8333 in the next twelve months. This suggests a possible upside of 12.9% 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?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 5 hold ratings and 3 buy ratings 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 coverage about KRG stock has been trending negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Kite Realty Group Trust earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Kite Realty Group Trust's key competitors?
Some companies that are related to Kite Realty Group Trust include EPR Properties (EPR), JBG SMITH Properties (JBGS), Howard Hughes (HHC), Brixmor Property Group (BRX), Highwoods Properties (HIW), Life Storage (LSI), Hospitality Properties Trust (HPT), Hammerson (HMSNF), Blackstone Mortgage Trust (BXMT), Rayonier (RYN), First Industrial Realty Trust (FR), AmeriCold Realty Trust (COLD), Ryman Hospitality Properties (RHP), LaSalle Hotel Properties (LHO) and PS Business Parks (PSB).
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. Scott E. Murray, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)
- Mr. David E. Buell, Sr. VP & Chief Accounting Officer (Age 36)
- Mr. Bryan McCarthy, Sr. VP of Marketing and Communications
Who are Kite Realty Group Trust's major shareholders?
Kite Realty Group Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.78%), Macquarie Group Ltd. (4.52%), Fuller & Thaler Asset Management Inc. (2.89%), Victory Capital Management Inc. (2.51%), American Century Companies Inc. (2.05%) and Bank of New York Mellon Corp (1.70%). Company insiders that own Kite Realty Group Trust stock include Charles H Wurtzebach, 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 BlackRock Inc., Coronation Fund Managers Ltd., TIAA CREF Investment Management LLC, Man Group plc, Uniplan Investment Counsel Inc., Dalton Greiner Hartman Maher & Co., Los Angeles Capital Management & Equity Research Inc. and American Century Companies 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 purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Renaissance Technologies LLC, Mirae Asset Global Investments Co. Ltd., LSV Asset Management, Mackenzie Financial Corp, AXA, Securian Asset Management Inc and Martingale Asset Management L P. 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 $15.79.
How big of a company is Kite Realty Group Trust?
Kite Realty Group Trust has a market capitalization of $1.35 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.
What is Kite Realty Group Trust's official website?
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)
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.
