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

$17.39
-0.06 (-0.34 %)
(As of 02/23/2020 01:39 AM ET)
Today's Range
$17.05
Now: $17.39
$17.46
50-Day Range
$17.08
MA: $18.14
$19.30
52-Week Range
$14.03
Now: $17.39
$19.77
Volume723,877 shs
Average Volume455,507 shs
Market Capitalization$1.46 billion
P/E RatioN/A
Dividend Yield7.28%
Beta0.94
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
CUSIP49803T10
Phone317-577-5600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$315.17 million
Cash Flow$1.56 per share
Book Value$15.36 per share

Profitability

Net Income$-46,570,000.00

Miscellaneous

Employees144
Market Cap$1.46 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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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, February 13th. Investors of record on Friday, March 27th will be given a dividend of $0.317 per share on Friday, April 3rd. This represents a $1.27 annualized dividend and a dividend yield of 7.29%. The ex-dividend date is Thursday, March 26th. 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 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.

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

Kite Realty Group Trust (NYSE:KRG) announced its quarterly earnings data on Tuesday, February, 18th. The real estate investment trust reported $0.21 EPS for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.18. The real estate investment trust had revenue of $75.27 million for the quarter, compared to analysts' expectations of $73.17 million. Kite Realty Group Trust had a negative net margin of 0.16% and a negative return on equity of 0.04%. The firm's revenue for the quarter was down 13.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 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 4th 2020. View Earnings Estimates for Kite Realty Group Trust.

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

Kite Realty Group Trust issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share guidance of $1.48 to $1.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.54.

What price target have analysts set for KRG?

8 brokerages have issued 12 month price objectives for Kite Realty Group Trust's stock. Their forecasts range from $16.00 to $19.50. On average, they expect Kite Realty Group Trust's share price to reach $18.25 in the next year. This suggests a possible upside of 4.9% 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 7 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?

News coverage about KRG stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Kite Realty Group Trust earned a news impact score of 0.7 on InfoTrie's scale. They also assigned news articles 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 effect on the stock's share price in the near term. View News Stories for Kite Realty Group Trust.

Are investors shorting Kite Realty Group Trust?

Kite Realty Group Trust saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,800,000 shares, an increase of 32.1% from the January 15th total of 2,120,000 shares. Based on an average daily volume of 625,800 shares, the days-to-cover ratio is presently 4.5 days. Currently, 3.4% of the shares of the company 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?

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 number of of retail and institutional investors. Top institutional investors include State Street Corp (5.12%), Renaissance Technologies LLC (3.81%), Investment Counselors of Maryland LLC (2.13%), Geode Capital Management LLC (1.83%), Charles Schwab Investment Management Inc. (1.81%) and Bank of New York Mellon Corp (1.74%). 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 Prudential Financial Inc., Victory Capital Management Inc., State Street Corp, Victory Capital Management Inc., State of New Jersey Common Pension Fund D, KBC Group NV, Arizona State Retirement System and Chicago Equity Partners LLC. View Insider Buying and Selling 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 Renaissance Technologies LLC, UBS Group AG, Great West Life Assurance Co. Can, Geode Capital Management LLC, Goldman Sachs Group Inc., Point72 Asset Management L.P., Skandinaviska Enskilda Banken AB publ and AJO LP. 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, 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 $17.39.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $1.46 billion and generates $315.17 million in revenue each year. The real estate investment trust earns $-46,570,000.00 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.View Additional Information About Kite Realty Group Trust.

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:  299 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  716
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 2/23/2020 by MarketBeat.com Staff

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