NYSE:KRG - Kite Realty Group Trust Stock Price, News, & Analysis

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$17.45 +0.11 (+0.63 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$17.34
Today's Range$17.23 - $17.56
52-Week Range$13.87 - $20.79
Volume659,300 shs
Average Volume719,206 shs
Market Capitalization$1.39 billion
P/E Ratio8.55
Dividend Yield7.46%
Beta0.55
Kite Realty Group Trust logoKite 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 diverse portfolio of high-quality community, neighborhood, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders. For more information, please visit our website at kiterealty.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:KRG
CUSIP49803T10
Phone317-577-5600

Debt

Debt-to-Equity Ratio1.04
Current Ratio0.84
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio8.55
Forward P/E Ratio8.73
P/E Growth1.96

Sales & Book Value

Annual Sales$358.82 million
Price / Sales4.07
Cash Flow$2.2574 per share
Price / Cash7.73
Book Value$18.74 per share
Price / Book0.93

Profitability

EPS (Most Recent Fiscal Year)$2.04
Net Income$11.87 million
Net Margins-4.92%
Return on Equity-1.14%
Return on Assets-0.51%

Miscellaneous

Employees147
Outstanding Shares83,670,000
Market Cap$1.39 billion

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

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."

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, May 10th. Stockholders of record on Friday, July 6th will be given a dividend of $0.317 per share on Friday, July 13th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 7.27%. The ex-dividend date of this dividend is Thursday, July 5th. 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 the morning of 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.

How were Kite Realty Group Trust's earnings last quarter?

Kite Realty Group Trust (NYSE:KRG) released its quarterly earnings results on Wednesday, August, 1st. The real estate investment trust reported $0.53 EPS for the quarter, topping the consensus estimate of $0.50 by $0.03. The real estate investment trust earned $91.70 million during the quarter, compared to analyst estimates of $88.08 million. Kite Realty Group Trust had a negative return on equity of 1.14% and a negative net margin of 4.92%. The business's revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.54 EPS. View Kite Realty Group Trust's Earnings History.

When is Kite Realty Group Trust's next earnings date?

Kite Realty Group Trust is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Kite Realty Group Trust.

What guidance has Kite Realty Group Trust issued on next quarter's earnings?

Kite Realty Group Trust issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of $1.98-$2.01 for the period, compared to the Thomson Reuters consensus estimate of $2.00.

What price target have analysts set for KRG?

9 analysts have issued 12-month target prices for Kite Realty Group Trust's shares. Their forecasts range from $15.00 to $23.00. On average, they anticipate Kite Realty Group Trust's stock price to reach $18.1667 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Kite Realty Group Trust.

What is the consensus analysts' recommendation for Kite Realty Group Trust?

9 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kite Realty Group Trust.

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

Who are Kite Realty Group Trust's key executives?

Kite Realty Group Trust's management team includes the folowing people:
  • Mr. John A. Kite, Chairman & CEO (Age 52)
  • Mr. Thomas K. McGowan, Pres and Chief Operating Officer (Age 53)
  • Mr. Scott E. Murray, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)
  • Mr. David E. Buell, Sr. VP & Chief Accounting Officer (Age 36)
  • Mr. Bryan McCarthy, Sr. VP of Marketing and Communications

Has Kite Realty Group Trust been receiving favorable news coverage?

Media coverage about KRG stock has trended somewhat positive on Friday, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kite Realty Group Trust earned a media and rumor sentiment score of 0.19 on Accern's scale. They also assigned news headlines about the real estate investment trust an impact score of 48.56 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Kite Realty Group Trust.

Who are Kite Realty Group Trust's major shareholders?

Kite Realty Group Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.22%), Macquarie Group Ltd. (3.58%), Fuller & Thaler Asset Management Inc. (2.95%), Victory Capital Management Inc. (2.49%), American Century Companies Inc. (2.16%) and Investment Counselors of Maryland LLC (1.96%). Company insiders that own Kite Realty Group Trust stock include Charles H Wurtzebach, John A Kite, Thomas K Mcgowan, Thomas R Olinger and William E Bindley. 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 Coronation Fund Managers Ltd., Schwab Charles Investment Management Inc., Russell Investments Group Ltd., Chartwell Investment Partners LLC, California Public Employees Retirement System, BNP Paribas Arbitrage SA, Sei Investments Co. and Virginia Retirement Systems ET AL. Company insiders that have sold Kite Realty Group Trust company stock in the last year include John A Kite, Thomas K Mcgowan and Thomas R Olinger. View Insider Buying and Selling for Kite Realty Group Trust.

Which institutional investors are buying Kite Realty Group Trust stock?

KRG stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Fuller & Thaler Asset Management Inc., Millennium Management LLC, Investment Counselors of Maryland LLC, Macquarie Group Ltd., Victory Capital Management Inc., Chicago Equity Partners LLC and Dupont Capital Management Corp. Company insiders that have bought Kite Realty Group Trust stock in the last two years include Charles H Wurtzebach and William E Bindley. View Insider Buying and Selling 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, Scottrade, 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 $17.45.

How big of a company is Kite Realty Group Trust?

Kite Realty Group Trust has a market capitalization of $1.39 billion and generates $358.82 million in revenue each year. The real estate investment trust earns $11.87 million in net income (profit) each year or $2.04 on an earnings per share basis. Kite Realty Group Trust employs 147 workers across the globe.

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]


MarketBeat Community Rating for Kite Realty Group Trust (NYSE KRG)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  278 (Vote Underperform)
Total Votes:  503
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.
This page was last updated on 8/17/2018 by MarketBeat.com Staff

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