Kite Realty Group Trust Stock Forecast, Price & News

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

Is Kite Realty Group Trust a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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 price been impacted by COVID-19 (Coronavirus)?

Kite Realty Group Trust's stock was trading at $14.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KRG stock has increased by 43.1% and is now trading at $21.37.
View which stocks have been most impacted by COVID-19.

Are investors shorting Kite Realty Group Trust?

Kite Realty Group Trust saw a decline in short interest during the month of October. As of October 29th, there was short interest totaling 4,280,000 shares, a decline of 21.0% from the October 14th total of 5,420,000 shares. Based on an average daily volume of 1,620,000 shares, the short-interest ratio is presently 2.6 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 Thursday, February 10th 2022.
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) issued 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 in the previous year, the firm earned $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 announced a quarterly dividend on Wednesday, November 17th. Shareholders of record on Friday, January 7th will be paid a dividend of $0.19 per share on Friday, January 14th. This represents a $0.76 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend is Thursday, January 6th. This is a boost 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 $0.72 per share and currently has a dividend yield of 3.51%. 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 553.89%. 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 44.17% 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 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 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 earnings per share (EPS) guidance of $0.33 for the period, compared to the Thomson Reuters consensus earnings per share 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?

7 Wall Street analysts have issued twelve-month target prices for Kite Realty Group Trust's stock. Their forecasts range from $17.00 to $27.00. On average, they expect Kite Realty Group Trust's share price to reach $24.00 in the next year. This suggests a possible upside of 12.3% 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
• 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.

Who are some of Kite Realty Group Trust's key competitors?

Some companies that are related to Kite Realty Group Trust include Simon Property Group (SPG), Realty Income (O), Kimco Realty (KIM), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Agree Realty (ADC), Macerich (MAC), Retail Opportunity Investments (ROIC), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), Getty Realty (GTY), Alexander's (ALX), Saul Centers (BFS), RPT Realty (RPT) and Urstadt Biddle Properties (UBA).
View all of KRG's 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), Omega Healthcare Investors (OHI), Innovative Industrial Properties (IIPR), AT&T (T), Brixmor Property Group (BRX), Energy Transfer (ET), Medical Properties Trust (MPW), Ventas (VTR), Simon Property Group (SPG) and Brookfield Property Partners (BPY).

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.21%), Macquarie Group Ltd. (6.82%), Fuller & Thaler Asset Management Inc. (5.81%), William Blair Investment Management LLC (3.03%), Geode Capital Management LLC (2.09%) and Morgan Stanley (1.92%). 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 major investors are selling Kite Realty Group Trust stock?

KRG stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, BlackRock Inc., Goldman Sachs Group Inc., Arrowstreet Capital Limited Partnership, American Century Companies Inc., LSV Asset Management, Fuller & Thaler Asset Management Inc., and Healthcare of Ontario Pension Plan Trust Fund.
View insider buying and selling activity for Kite Realty Group Trust or view top insider-selling stocks.

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 William Blair Investment Management LLC, Morgan Stanley, Uniplan Investment Counsel Inc., Thornburg Investment Management Inc., Voya Investment Management LLC, Securian Asset Management Inc., Millennium Management LLC, and The Manufacturers Life Insurance Company .
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.
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What is Kite Realty Group Trust's stock price today?

One share of KRG stock can currently be purchased for approximately $21.37.

How much money does Kite Realty Group Trust make?

Kite Realty Group Trust has a market capitalization of $4.68 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.