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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Phone317-577-5600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$354.18 million
Profitability
Miscellaneous
Employees144
Next Earnings Date8/7/2019 (Estimated)
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 announced a quarterly dividend on Thursday, May 16th. Shareholders of record on Friday, June 21st will be paid a dividend of $0.3175 per share on Friday, June 28th. This represents a $1.27 annualized dividend and a dividend yield of 7.80%. The ex-dividend date is Thursday, June 20th. 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 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) issued its quarterly earnings results on Monday, May, 6th. The real estate investment trust reported $0.44 EPS for the quarter, beating the consensus estimate of $0.43 by $0.01. The real estate investment trust earned $83.52 million during the quarter, compared to the consensus estimate of $81.50 million. Kite Realty Group Trust had a negative net margin of 6.59% and a negative return on equity of 1.59%. The business's revenue was down 7.0% on a year-over-year basis. During the same quarter in the prior 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 FY19 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of $1.66-1.76 for the period, compared to the Thomson Reuters consensus estimate of $1.68.
What price target have analysts set for KRG?
6 analysts have issued 12 month price objectives for Kite Realty Group Trust's stock. Their forecasts range from $16.00 to $17.00. On average, they expect Kite Realty Group Trust's share price to reach $16.50 in the next twelve months. 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?
6 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, 4 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 coverage about KRG stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kite Realty Group Trust earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Kite Realty Group Trust's key competitors?
Some companies that are related to Kite Realty Group Trust include Brixmor Property Group (BRX), Howard Hughes (HHC), Highwoods Properties (HIW), Blackstone Mortgage Trust (BXMT), Life Storage (LSI), First Industrial Realty Trust (FR), PS Business Parks (PSB), Ryman Hospitality Properties (RHP), Hospitality Properties Trust (HPT), CoreSite Realty (COR), Eastgroup Properties (EGP), Healthcare Realty Trust (HR), Pebblebrook Hotel Trust (PEB), Rayonier (RYN) and Rexford Industrial Realty (REXR).
What other stocks do shareholders of Kite Realty Group Trust own?
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. 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)
Who are Kite Realty Group Trust's major shareholders?
Kite Realty Group Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.25%), Macquarie Group Ltd. (4.97%), Renaissance Technologies LLC (2.26%), Victory Capital Management Inc. (2.11%), Northern Trust Corp (1.82%) and Charles Schwab Investment Management Inc. (1.63%). 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 major investors are selling Kite Realty Group Trust stock?
KRG stock was sold by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd., Victory Capital Management Inc., Morgan Stanley, Dalton Greiner Hartman Maher & Co., Goldman Sachs Group Inc., Parametric Portfolio Associates LLC, BlackRock Inc. and Kennedy Capital Management Inc.. View Insider Buying and Selling for Kite Realty Group Trust.
Which major investors are buying Kite Realty Group Trust stock?
KRG stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Renaissance Technologies LLC, AQR Capital Management LLC, Geode Capital Management LLC, Foundry Partners LLC, RBA Wealth Management LLC, Charles Schwab Investment Management Inc. and Virginia Retirement Systems ET AL. 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 $16.29.
How big of a company is Kite Realty Group Trust?
Kite Realty Group Trust has a market capitalization of $1.37 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. Kite Realty Group Trust employs 144 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.
