NYSE:KRG - Kite 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. Since then, KRG stock has decreased by 35.3% and is now trading at $9.66. View which stocks have been mosted impacted by Coronavirus.

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.

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.

Kite Realty Group Trust (NYSE:KRG) issued its quarterly earnings data on Tuesday, February, 18th. The real estate investment trust reported $0.21 EPS for the quarter, missing the consensus estimate of $0.39 by $0.18. The real estate investment trust earned $75.27 million during the quarter, compared to the consensus estimate of $73.17 million. Kite Realty Group Trust had a negative net margin of 0.16% and a negative return on equity of 0.04%. The business's revenue for the quarter was down 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.48 earnings per share. View Kite Realty Group Trust's earnings history.

Kite Realty Group Trust announced a quarterly dividend on Thursday, February 13th. Shareholders 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 yield of 13.13%. The ex-dividend date is Thursday, March 26th. View Kite Realty Group Trust's dividend history.

Kite Realty Group Trust's stock 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.

Kite Realty Group Trust issued an update on 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.

7 brokerages have issued 12-month price targets for Kite Realty Group Trust's stock. Their forecasts range from $16.00 to $19.50. On average, they anticipate Kite Realty Group Trust's stock price to reach $18.00 in the next year. This suggests a possible upside of 86.3% from the stock's current price. View analysts' price targets for Kite Realty Group Trust.

News articles about KRG stock have been trending negative recently, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kite Realty Group Trust earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutKite Realty Group Trust.

Kite Realty Group Trust saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 2,958,900 shares, a drop of 14.5% from the February 27th total of 3,460,000 shares. Based on an average trading volume of 741,600 shares, the short-interest ratio is currently 4.0 days. Currently, 3.6% of the shares of the company 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), Taubman Centers (TCO), Agree Realty (ADC), Weingarten Realty Investors (WRI), Alexander's (ALX), Retail Opportunity Investments (ROIC), Acadia Realty Trust (AKR), Retail Properties of America (RPAI), Getty Realty (GTY) and Macerich (MAC).

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), Omega Healthcare Investors (OHI), Energy Transfer LP Unit (ET), Innovative Industrial Properties (IIPR), Starwood Property Trust (STWD), Brixmor Property Group (BRX), EPR Properties (EPR) and Ford Motor (F).

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 shareholders include Macquarie Group Ltd. (5.38%), Macquarie Group Ltd. (5.38%), State Street Corp (5.12%), Renaissance Technologies LLC (3.81%), Investment Counselors of Maryland LLC (2.13%) and Geode Capital Management LLC (1.83%). 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 Prudential Financial Inc., Victory Capital Management Inc., State Street Corp, Victory Capital Management Inc., Nuveen Asset Management LLC, State of New Jersey Common Pension Fund D, KBC Group NV, and Arizona State Retirement System. View insider buying and selling activity for Kite Realty Group Trust.

KRG stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Macquarie Group Ltd., Macquarie Group Ltd., Renaissance Technologies LLC, UBS Group AG, Great West Life Assurance Co. Can, Geode Capital Management LLC, and Goldman Sachs Group Inc.. 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 $9.66.

Kite Realty Group Trust has a market capitalization of $811.73 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.

The official website for Kite Realty Group Trust is http://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]