S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69

Kite Realty Group Trust Stock Forecast, Price & News

$20.61
+0.02 (+0.10%)
(As of 01/21/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.39
$20.91
50-Day Range
$19.55
$22.73
52-Week Range
$15.52
$23.14
Volume
1.61 million shs
Average Volume
1.18 million shs
Market Capitalization
$4.51 billion
P/E Ratio
158.55
Dividend Yield
3.69%
Beta
1.37
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 Kite Realty Group Trust and its competitors with MarketBeat's FREE daily newsletter.


Kite Realty Group Trust logo

About Kite Realty Group Trust

Kite Realty Group Trust operates as a real estate investment trust. It engages in the ownership, operation, acquisition, development, and redevelopment of neighborhood and community shopping centers in selected markets in the United States. The company was founded on August 16, 2004 and is headquartered in Indianapolis, IN.

Headlines

Why Kite Realty (KRG) Stock Might be a Great Pick
December 22, 2021 |  finance.yahoo.com
KRG January 2022 Options Begin Trading
November 18, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
49803T10
Employees
113
Year Founded
N/A

Sales & Book Value

Annual Sales
$266.64 million
Cash Flow
$1.25 per share
Book Value
$14.62 per share

Profitability

Net Income
$-16.22 million
Pretax Margin
4.33%

Debt

Price-To-Earnings

Miscellaneous

Free Float
214,419,000
Market Cap
$4.51 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 1/14 Dividend
1/06/2022
Dividend Payable
1/14/2022
Today
1/23/2022
Next Earnings (Confirmed)
2/14/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.36 out of 5 stars

Finance Sector

413th out of 1,355 stocks

Real Estate Investment Trusts Industry

99th out of 230 stocks

Analyst Opinion: 2.6Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -












Kite Realty Group Trust (NYSE:KRG) Frequently Asked Questions

Is Kite Realty Group Trust a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Kite Realty Group Trust stock.
View analyst ratings for Kite Realty Group Trust
or view top-rated stocks.

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 increased by 38.0% and is now trading at $20.61.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Kite Realty Group Trust?

Kite Realty Group Trust saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 6,660,000 shares, an increase of 31.4% from the November 30th total of 5,070,000 shares. Based on an average daily trading volume, of 2,080,000 shares, the short-interest ratio is currently 3.2 days.
View Kite Realty Group Trust's Short Interest
.

When is Kite Realty Group Trust's next earnings date?

Kite Realty Group Trust is scheduled to release its next quarterly earnings announcement on Monday, February 14th 2022.
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 Tuesday, February 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Kite Realty Group Trust's earnings last quarter?

Kite Realty Group Trust (NYSE:KRG) announced its earnings results on Thursday, October, 28th. The real estate investment trust reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.41. Kite Realty Group Trust had a trailing twelve-month return on equity of 0.87% and a net margin of 3.80%. During the same period last year, the company posted $0.30 EPS.
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 declared a quarterly dividend on Wednesday, November 17th. Shareholders of record on Friday, January 7th will be given a dividend of $0.19 per share on Friday, January 14th. This represents a $0.76 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Thursday, January 6th. This is an increase from Kite Realty Group Trust's previous quarterly dividend of $0.18.
View Kite Realty Group Trust's dividend history
.

Is Kite Realty Group Trust a good dividend stock?

Kite Realty Group Trust pays an annual dividend of $0.76 per share and currently has a dividend yield of 3.69%. Kite Realty Group Trust has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Kite Realty Group Trust is 584.66%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 46.91% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend.
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 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 market closes 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 guidance has Kite Realty Group Trust issued on next quarter's earnings?

Kite Realty Group Trust updated its third quarter earnings guidance on Thursday, October, 28th. The company provided EPS guidance of $0.33 for the period, compared to the Thomson Reuters consensus estimate of $0.33. The company issued revenue guidance of $71.47 million, compared to the consensus revenue estimate of $68.56 million.

What price target have analysts set for KRG?

6 brokerages have issued 1 year price objectives for Kite Realty Group Trust's stock. Their forecasts range from $23.00 to $27.00. On average, they expect Kite Realty Group Trust's stock price to reach $25.17 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price.
View analysts' price targets for Kite Realty Group Trust
or view top-rated stocks among Wall Street analysts.

Who are Kite Realty Group Trust's key executives?

Kite Realty Group Trust's management team includes the following people:
  • John A. Kite, Chairman & Chief Executive Officer (LinkedIn Profile)
  • Thomas K. McGowan, President & Chief Operating Officer
  • Heath R. Fear, Chief Financial Officer & Executive Vice President
  • Christopher Brown, Senior Vice President-Technology
  • David E. Buell, Chief Accounting Officer & Senior Vice President

What is John A. Kite's approval rating as Kite Realty Group Trust's CEO?

11 employees have rated Kite Realty Group Trust CEO John A. Kite on Glassdoor.com. John A. Kite has an approval rating of 50% among Kite Realty Group Trust's employees. This puts John A. Kite in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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

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 a variety of institutional and retail investors. Top institutional shareholders include Goodwin Daniel L (2.34%), Russell Investments Group Ltd. (0.89%), Retirement Systems of Alabama (0.13%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.03%) and New Mexico Educational Retirement Board (0.02%). 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 buying Kite Realty Group Trust stock?

KRG stock was acquired by a variety of institutional investors in the last quarter, including Goodwin Daniel L, Russell Investments Group Ltd., Retirement Systems of Alabama, New Mexico Educational Retirement Board, State of Alaska Department of Revenue, AE Wealth Management LLC, Sumitomo Mitsui DS Asset Management Company Ltd, and Veriti Management LLC.
View insider buying and selling activity for Kite Realty Group Trust
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Kite Realty Group Trust's stock price today?

One share of KRG stock can currently be purchased for approximately $20.61.

How much money does Kite Realty Group Trust make?

Kite Realty Group Trust has a market capitalization of $4.51 billion and generates $266.64 million in revenue each year. The real estate investment trust earns $-16.22 million in net income (profit) each year or $0.13 on an earnings per share basis.

How many employees does Kite Realty Group Trust have?

Kite Realty Group Trust employs 113 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.

Where are Kite Realty Group Trust's headquarters?

Kite Realty Group Trust is headquartered at 30 S MERIDIAN STREET SUITE 1100, INDIANAPOLIS IN, 46204.

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, via email at [email protected], or via fax at 317-557-5605.


This page was last updated on 1/23/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.