Kite Realty Group Trust Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Kite Realty Group Trust stock.
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Kite Realty Group Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Kite Realty Group Trust.

Kite Realty Group Trust (NYSE:KRG) issued its quarterly earnings data on Thursday, April, 29th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.03. Kite Realty Group Trust had a trailing twelve-month return on equity of 0.47% and a net margin of 2.15%.
View Kite Realty Group Trust's earnings history.

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. Since then, KRG stock has increased by 32.2% and is now trading at $19.73.
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Kite Realty Group Trust announced a quarterly dividend on Thursday, February 11th. Investors of record on Thursday, April 8th will be paid a dividend of $0.17 per share on Thursday, April 15th. This represents a $0.68 annualized dividend and a dividend yield of 3.45%. The ex-dividend date is Wednesday, April 7th. This is a boost from Kite Realty Group Trust's previous quarterly dividend of $0.15.
View Kite Realty Group Trust's dividend history.

Kite Realty Group Trust pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.31%. Kite Realty Group Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of Kite Realty Group Trust is 40.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 51.91% 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.

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.

Kite Realty Group Trust updated its FY 2021 earnings guidance on Thursday, May, 13th. The company provided EPS guidance of 1.260-1.340 for the period. The company issued revenue guidance of -.

8 brokerages have issued 1-year target prices for Kite Realty Group Trust's stock. Their forecasts range from $11.00 to $23.00. On average, they anticipate Kite Realty Group Trust's stock price to reach $15.60 in the next twelve months. This suggests that the stock has a possible downside of 20.9%.
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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.

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), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), The Macerich (MAC), Retail Opportunity Investments (ROIC), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Alexander's (ALX), Getty Realty (GTY) and RPT Realty (RPT).
View all of KRG's competitors.

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).

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.09%), JPMorgan Chase & Co. (3.57%), Investment Counselors of Maryland LLC (2.85%), Geode Capital Management LLC (1.98%), Northern Trust Corp (1.71%) and LSV Asset Management (1.58%). 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 Victory Capital Management Inc., Northern Trust Corp, Commonwealth Equity Services LLC, Prudential Financial Inc., New York State Teachers Retirement System, Foundry Partners LLC, Sei Investments Co., and Sumitomo Mitsui Trust Holdings Inc..
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KRG stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., State of New Jersey Common Pension Fund D, Geode Capital Management LLC, UBS Group AG, Investment Counselors of Maryland LLC, Migdal Insurance & Financial Holdings Ltd., and BNP Paribas Arbitrage SA.
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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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One share of KRG stock can currently be purchased for approximately $19.73.

Kite Realty Group Trust has a market capitalization of $1.67 billion 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 113 workers across the globe.

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

Kite Realty Group Trust is headquartered at 30 S MERIDIAN STREET SUITE 1100, INDIANAPOLIS IN, 46204.

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]