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 $10.03 +1.18 (+13.33 %) (As of 04/10/2020 02:06 AM ET) Add Compare Share Today's Range$9.10Now: $10.03▼$10.3150-Day Range$7.24MA: $12.93▼$18.0052-Week Range$6.87Now: $10.03▼$19.77Volume878,259 shsAverage Volume781,437 shsMarket Capitalization$842.78 millionP/E RatioN/ADividend Yield14.35%Beta1.36 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.1 Analyst's Opinion Consensus RatingKite Realty Group Trust has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.13, Kite Realty Group Trust has a potential upside of 50.8% from its current price of $10.03.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 308 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKite Realty Group Trust has received 427 “underperform” votes. (Add your “underperform” vote.)Community SentimentKite Realty Group Trust has received 58.10% “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 LeadershipKite Realty Group Trust is a leading dividend payer. It pays a dividend yield of 14.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKite Realty Group Trust has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Kite Realty Group Trust is 76.51 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Kite Realty Group Trust will have a dividend payout ratio of 83.01 % in the coming year. This indicates that Kite Realty Group Trust may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kite Realty Group Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $97,080.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.07% of the stock of Kite Realty Group Trust is held by insiders.Percentage Held by Institutions94.10% 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 8.51% in the coming year, from $1.41 to $1.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is -1,003.00, 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 -1,003.00, 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 2.83. 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 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.60 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 Webhttp://www.kiterealty.com/ Phone317-577-5600Debt Debt-to-Equity Ratio0.89 Current Ratio1.24 Quick Ratio1.24Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio7.11 P/E Growth2.83 Sales & Book Value Annual Sales$315.17 million Price / Sales2.67 Cash Flow$1.83 per share Price / Cash Flow5.47 Book Value$15.36 per share Price / Book0.65Profitability EPS (Most Recent Fiscal Year)$1.66 Net Income$-530,000.00 Net Margins-0.16% Return on Equity-0.04% Return on Assets-0.02%Miscellaneous Employees144 Outstanding Shares84,026,000Market Cap$842.78 million Next Earnings Date5/4/2020 (Estimated) OptionableOptionable 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. KRG Rates by TradingView 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 (WHO). Since then, KRG shares have decreased by 32.8% and is now trading at $10.03. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Kite Realty Group Trust? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 5 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 Monday, May 4th 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) released its quarterly earnings results 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 the consensus estimate of $73.17 million. Kite Realty Group Trust had a negative return on equity of 0.04% and a negative net margin of 0.16%. Kite Realty Group Trust's revenue for the quarter was down 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.48 earnings per share. 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, February 13th. Stockholders of record on Friday, March 27th will be paid a dividend of $0.317 per share on Friday, April 3rd. This represents a $1.27 annualized dividend and a dividend yield of 12.64%. The ex-dividend date of this dividend 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? Shares of Kite Realty Group Trust 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 guidance has Kite Realty Group Trust issued on next quarter's earnings? Kite Realty Group Trust updated its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share (EPS) guidance of $1.48 to $1.52 for the period, compared to the Thomson Reuters consensus estimate of $1.54. What price target have analysts set for KRG? 7 analysts have issued twelve-month price targets for Kite Realty Group Trust's shares. Their forecasts range from $8.00 to $18.50. On average, they anticipate Kite Realty Group Trust's share price to reach $15.13 in the next twelve months. This suggests a possible upside of 50.8% 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? Media headlines about KRG stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -3.3 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutKite Realty Group Trust. Are investors shorting Kite Realty Group Trust? Kite Realty Group Trust saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 2,958,900 shares, a decrease of 14.5% from the February 27th total of 3,460,000 shares. Based on an average daily trading volume, of 741,600 shares, the short-interest ratio is presently 4.0 days. Approximately 3.6% 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? Some companies that are related to Kite Realty Group Trust include Simon Property Group (SPG), Realty Income (O), Federal Realty Investment Trust (FRT), Regency Centers (REG), National Retail Properties (NNN), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Alexander's (ALX), Retail Opportunity Investments (ROIC), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Macerich (MAC) and Getty Realty (GTY). 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), Simon Property Group (SPG), Innovative Industrial Properties (IIPR), Omega Healthcare Investors (OHI), Energy Transfer LP Unit (ET), Starwood Property Trust (STWD), Brixmor Property Group (BRX), EPR Properties (EPR) and Ford Motor (F). 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 a variety of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.12%). 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 buying Kite Realty Group Trust stock? KRG stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $10.03. How big of a company is Kite Realty Group Trust? Kite Realty Group Trust has a market capitalization of $842.78 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. 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] This page was last updated on 4/10/2020 by MarketBeat.com StaffFeatured Article: How can investors invest in the S&P/TSX Index?
