NYSE:KRGKite Realty Group Trust Stock Price, Forecast & 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 $10.81 +0.36 (+3.44 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$10.24Now: $10.81▼$10.8550-Day Range$9.57MA: $10.59▼$11.8952-Week Range$6.87Now: $10.81▼$19.77Volume780,193 shsAverage Volume540,395 shsMarket Capitalization$910.42 millionP/E RatioN/ADividend Yield1.92%Beta1.16 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider 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™ 2.1 Analyst's Opinion Consensus RatingKite Realty Group Trust has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, Kite Realty Group Trust has a potential upside of 24.9% from its current price of $10.81.Amount of Analyst CoverageKite Realty Group Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesKite Realty Group Trust has received 309 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKite Realty Group Trust has received 435 “underperform” votes. (Add your “underperform” vote.)Community SentimentKite Realty Group Trust has received 58.47% “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 1.92%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKite Realty Group Trust does not have a long track record of dividend growth.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 15.44% 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 Institutions95.50% 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 7.09% in the coming year, from $1.27 to $1.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is -90.08, 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 -90.08, 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 6.51. 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 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.80 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 Ratio8.51 P/E Growth6.51 Sales & Book Value Annual Sales$315.17 million Price / Sales2.89 Cash Flow$1.54 per share Price / Cash Flow7.03 Book Value$15.36 per share Price / Book0.70Profitability 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 Shares84,220,000Market Cap$910.42 million Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $10.81 +0.36 (+3.44 %) (As of 08/7/2020 04:00 PM 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 COVID-19 (Coronavirus)? Kite Realty Group Trust's stock was trading at $14.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KRG stock has decreased by 27.6% and is now trading at $10.81. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 6 hold ratings and 2 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 Tuesday, November 3rd 2020. View our earnings forecast for Kite Realty Group Trust. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) posted its earnings results on Wednesday, August, 5th. The real estate investment trust reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.35. Kite Realty Group Trust had a negative return on equity of 0.73% and a negative net margin of 3.27%. 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 Thursday, June 18th. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.052 per share on Thursday, July 9th. This represents a $0.21 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Wednesday, July 1st. 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 shares 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. What price target have analysts set for KRG? 8 brokerages have issued twelve-month price targets for Kite Realty Group Trust's stock. Their forecasts range from $11.00 to $18.00. On average, they anticipate Kite Realty Group Trust's stock price to reach $13.50 in the next year. This suggests a possible upside of 24.9% from the stock's current price. View analysts' price targets for Kite Realty Group Trust. Has Kite Realty Group Trust been receiving favorable news coverage? News headlines about KRG stock have been trending negative on Monday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kite Realty Group Trust earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about 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 July. As of July 31st, there was short interest totaling 4,400,000 shares, an increase of 14.6% from the July 15th total of 3,840,000 shares. Based on an average trading volume of 711,900 shares, the days-to-cover ratio is currently 6.2 days. Currently, 5.3% 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), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Alexander's (ALX), 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), AT&T (T), Omega Healthcare Investors (OHI), Simon Property Group (SPG), Innovative Industrial Properties (IIPR), Energy Transfer LP Unit (ET), Medical Properties Trust (MPW), Starwood Property Trust (STWD), Ventas (VTR) and Brixmor Property Group (BRX). 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 shareholders include Victory Capital Management Inc. (1.44%), LSV Asset Management (1.09%), Principal Financial Group Inc. (0.75%), Prudential PLC (0.67%), Foundry Partners LLC (0.54%) and Chartwell Investment Partners LLC (0.42%). 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 Bessemer Group Inc., Victory Capital Management Inc., LSV Asset Management, Prudential PLC, 6 Meridian, First Trust Advisors LP, Principal Financial Group Inc., and Goodwin Daniel L. View insider buying and selling activity for Kite Realty Group Trust. Which institutional investors are buying Kite Realty Group Trust stock? KRG stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Swiss National Bank, Foundry Partners LLC, Arrow Investment Advisors LLC, Zeke Capital Advisors LLC, Comerica Bank, Chartwell Investment Partners LLC, and ProShare 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 $10.81. How big of a company is Kite Realty Group Trust? Kite Realty Group Trust has a market capitalization of $910.42 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 8/10/2020 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
