Kite Realty Group Trust - KRG Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 2 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" KRG shares.
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9 equities research analysts have issued 1 year target prices for Kite Realty Group Trust's shares. Their KRG share price forecasts range from $22.00 to $27.00. On average, they anticipate the company's stock price to reach $25.29 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
View analysts price targets for KRG or view top-rated stocks among Wall Street analysts.

Kite Realty Group Trust's stock was trading at $21.05 at the beginning of the year. Since then, KRG stock has decreased by 6.8% and is now trading at $19.61.
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Kite Realty Group Trust saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 6,830,000 shares, an increase of 8.2% from the February 13th total of 6,310,000 shares. Based on an average daily volume of 1,730,000 shares, the days-to-cover ratio is currently 3.9 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our KRG earnings forecast.

Kite Realty Group Trust (NYSE:KRG) released its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.48. Kite Realty Group Trust had a negative net margin of 1.58% and a negative trailing twelve-month return on equity of 0.33%. During the same period in the previous year, the business earned $0.34 earnings per share.

Kite Realty Group Trust announced a quarterly dividend on Wednesday, February 8th. Shareholders of record on Friday, April 7th will be paid a dividend of $0.24 per share on Friday, April 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Wednesday, April 5th.
Read our dividend analysis for KRG.

ETFs with the largest weight of Kite Realty Group Trust (NYSE:KRG) stock in their portfolio include Invesco DWA Financial Momentum ETF (PFI), JPMorgan Realty Income ETF (JPRE), Invesco Zacks Multi-Asset Income ETF (CVY), U.S. Diversified Real Estate ETF (PPTY), Invesco Raymond James SB-1 Equity ETF (RYJ), Dimensional US Real Estate ETF (DFAR), SPDR Dow Jones REIT ETF (RWR) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE).

Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $0.96 per share and currently has a dividend yield of 5.06%. KRG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for KRG.

Shares of Kite Realty Group Trust 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 stock prior to the reverse split would have 25 shares after the split.

Kite Realty Group Trust updated its FY 2023 earnings guidance on Tuesday, February, 14th. The company provided EPS guidance of $1.89-$1.95 for the period, compared to the consensus EPS estimate of $1.91. The company issued revenue guidance of -.

11 employees have rated Kite Realty Group Trust Chief Executive Officer John A. Kite on Glassdoor.com. John A. Kite has an approval rating of 50% among the company's employees. This puts John A. Kite in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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

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 retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (6.61%), Macquarie Group Ltd. (4.24%), Deutsche Bank AG (3.03%), Fuller & Thaler Asset Management Inc. (2.63%), Geode Capital Management LLC (2.05%) and Heitman Real Estate Securities LLC (2.02%). Insiders that own company stock include Gerald M Gorski, John A Kite and Steven P Grimes.
View institutional ownership trends.

Shares of KRG stock 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 $19.61.

Kite Realty Group Trust (NYSE:KRG) has a market capitalization of $4.30 billion and generates $802 million in revenue each year. The real estate investment trust earns $-12,640,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis.

The company employs 241 workers across the globe.

Kite Realty Group Trust's mailing address is 30 S MERIDIAN STREET SUITE 1100, INDIANAPOLIS IN, 46204. The official website for the company is www.kiterealty.com. The real estate investment trust can be reached via phone at (317) 577-5600, via email at hfear@kiterealty.com, or via fax at 317-557-5605.