NYSE:KRGKite Realty Group Trust Stock Price, Forecast & News

Kite Realty Group Trust's stock was trading at $14.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KRG stock has decreased by 35.2% and is now trading at $9.68. View which stocks have been most impacted by Coronavirus.

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.

Kite Realty Group Trust is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Kite Realty Group Trust.

Kite Realty Group Trust (NYSE:KRG) issued its quarterly earnings data on Wednesday, May, 6th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by $0.39. The real estate investment trust earned $69.91 million during the quarter, compared to analysts' expectations of $70.80 million. Kite Realty Group Trust had a negative net margin of 2.09% and a negative return on equity of 0.48%. View Kite Realty Group Trust's earnings history.

Kite Realty Group Trust declared 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 13.10%. The ex-dividend date is Thursday, March 26th. View Kite Realty Group Trust's dividend history.

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.

8 brokers have issued 1 year price objectives for Kite Realty Group Trust's shares. Their forecasts range from $8.00 to $18.00. On average, they expect Kite Realty Group Trust's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price. View analysts' price targets for Kite Realty Group Trust.

News articles about KRG stock have been trending extremely negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog 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 impact score of -4.5 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutKite Realty Group Trust.

Kite Realty Group Trust saw a increase in short interest in April. As of April 15th, there was short interest totaling 3,070,000 shares, an increase of 7.7% from the March 31st total of 2,850,000 shares. Based on an average daily trading volume, of 825,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.7% of the shares of the stock are sold short. View Kite Realty Group Trust's Current Options Chain.

Some companies that are related to Kite Realty Group Trust include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Alexander's (ALX), Retail Properties of America (RPAI), Getty Realty (GTY), Retail Opportunity Investments (ROIC), Macerich (MAC) and Acadia Realty Trust (AKR). View all competitors.

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).

Kite Realty Group Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRG."

Kite Realty Group Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.30%), State Street Corp (5.75%), Fuller & Thaler Asset Management Inc. (3.68%), Citigroup Inc. (2.16%), Investment Counselors of Maryland LLC (2.13%) and JPMorgan Chase & Co. (1.97%). 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.

KRG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, UBS Group AG, Nuveen Asset Management LLC, Clearbridge Investments LLC, Parametric Portfolio Associates LLC, Fuller & Thaler Asset Management Inc., AQR Capital Management LLC, and Victory Capital Management Inc.. View insider buying and selling activity for Kite Realty Group Trust.

KRG stock was acquired by a variety of institutional investors in the last quarter, including Citigroup Inc., JPMorgan Chase & Co., State Street Corp, APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, WINTON GROUP Ltd, and AJO LP. View insider buying and selling activity for 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.

One share of KRG stock can currently be purchased for approximately $9.68.

Kite Realty Group Trust has a market capitalization of $814.28 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.

The official website for Kite Realty Group Trust is www.kiterealty.com.

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]