S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Sell every Stock except ONE (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Sell every Stock except ONE (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Sell every Stock except ONE (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Sell every Stock except ONE (Ad)
NYSE:KRG

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

$20.44
+0.12 (+0.59%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.02
$20.45
50-Day Range
$16.99
$20.80
52-Week Range
$16.68
$23.35
Volume
1.21 million shs
Average Volume
1.44 million shs
Market Capitalization
$4.48 billion
P/E Ratio
N/A
Dividend Yield
4.13%
Price Target
$26.00

Kite Realty Group Trust MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.2% Upside
$26.00 Price Target
Short Interest
Healthy
1.87% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.06
Upright™ Environmental Score
News Sentiment
0.39mentions of Kite Realty Group Trust in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.19%
From $1.83 to $1.87 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Finance Sector

330th out of 885 stocks

Real Estate Investment Trusts Industry

70th out of 197 stocks

KRG stock logo

About Kite Realty Group Trust (NYSE:KRG) Stock

Kite 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 retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.

Kite Realty Group Trust Stock Performance

Shares of NYSE:KRG traded up $0.12 during trading on Tuesday, hitting $20.44. 1,208,053 shares of the stock traded hands, compared to its average volume of 1,441,368. The company has a quick ratio of 2.16, a current ratio of 1.25 and a debt-to-equity ratio of 0.77. The company has a market cap of $4.48 billion, a price-to-earnings ratio of -32.97, a P/E/G ratio of 1.19 and a beta of 1.32. The company has a fifty day moving average price of $18.59 and a two-hundred day moving average price of $20.64. Kite Realty Group Trust has a 52-week low of $16.68 and a 52-week high of $23.35.

Kite Realty Group Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Friday, July 8th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 4.11%. This is a positive change from Kite Realty Group Trust's previous quarterly dividend of $0.20. The ex-dividend date was Thursday, July 7th. Kite Realty Group Trust's payout ratio is -135.48%.

Wall Street Analyst Weigh In

A number of research firms recently commented on KRG. Jefferies Financial Group cut shares of Kite Realty Group Trust from a "buy" rating to a "hold" rating in a research note on Thursday, June 30th. Piper Sandler decreased their price objective on shares of Kite Realty Group Trust to $25.00 in a research note on Monday, July 4th. Compass Point decreased their price objective on shares of Kite Realty Group Trust from $30.00 to $27.00 and set a "buy" rating for the company in a research note on Wednesday, June 22nd. Capital One Financial restated an "overweight" rating on shares of Kite Realty Group Trust in a research note on Wednesday, May 25th. Finally, Barclays decreased their price objective on shares of Kite Realty Group Trust from $29.00 to $28.00 and set an "overweight" rating for the company in a research note on Friday, July 15th. One research analyst has rated the stock with a sell rating, one has given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $26.00.

Receive KRG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Kite Realty Group Trust and its competitors with MarketBeat's FREE daily newsletter.

KRG Stock News Headlines

Best Growth Stocks to Buy for July 29th
Kite Realty: Fly High With This Discounted REIT
Upcoming Dividend Run For KRG?
Kite Realty Group Trust Becomes Oversold
See More Headlines
Receive KRG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Kite Realty Group Trust and its competitors with MarketBeat's FREE daily newsletter.

KRG Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 7/15 Dividend
7/07/2022
Dividend Payable
7/15/2022
Today
8/10/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
49803T10
Employees
241
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$26.00
High Stock Price Forecast
$28.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+27.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$-80,810,000.00
Pretax Margin
-17.54%

Debt

Sales & Book Value

Annual Sales
$373.32 million
Cash Flow
$0.55 per share
Book Value
$17.93 per share

Miscellaneous

Free Float
216,100,000
Market Cap
$4.48 billion
Optionable
Optionable
Beta
1.32

Key Executives

  • Mr. John A. Kite (Age 56)
    Chairman of Trustees & CEO
    Comp: $3.39M
  • Mr. Thomas K. McGowan (Age 57)
    Pres & COO
    Comp: $1.51M
  • Mr. Heath R. Fear (Age 53)
    Exec. VP, Corp. Sec. & CFO
    Comp: $1.61M
  • Mr. David E. Buell (Age 40)
    Sr. VP & Chief Accounting Officer
  • Mr. Tyler Henshaw
    Sr. VP of Capital Markets, Investor Relations & Corp. Fin.
  • Mr. Pat Casey
    Sr. VP & CTO
  • Mr. Dean Papadakis
    Sr. VP & Chief Legal Officer
  • Mr. Bryan McCarthy
    Sr. VP of Corp. Marketing & Communications
  • Ms. Mellissa M. Boggs SPHR
    Exec. VP of Employee Experience
  • Mr. Mark Jenkins
    Sr. VP of Devel.













KRG Stock - Frequently Asked Questions

Should I buy or sell Kite Realty Group Trust stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" KRG shares.
View KRG analyst ratings
or view top-rated stocks.

What is Kite Realty Group Trust's stock price forecast for 2022?

8 brokers have issued 1-year price objectives for Kite Realty Group Trust's stock. Their KRG share price forecasts range from $24.00 to $28.00. On average, they anticipate the company's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price.
View analysts price targets for KRG
or view top-rated stocks among Wall Street analysts.

How has Kite Realty Group Trust's stock performed in 2022?

Kite Realty Group Trust's stock was trading at $21.78 at the beginning of the year. Since then, KRG stock has decreased by 6.2% and is now trading at $20.44.
View the best growth stocks for 2022 here
.

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

Kite Realty Group Trust is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our KRG earnings forecast
.

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

Kite Realty Group Trust (NYSE:KRG) announced 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 trailing twelve-month return on equity of 3.37% and a negative net margin of 17.23%. During the same quarter in the prior year, the business earned $0.34 EPS.

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 Wednesday, May 11th. Shareholders of record on Friday, July 8th will be paid a dividend of $0.21 per share on Friday, July 15th. This represents a $0.84 annualized dividend and a dividend yield of 4.11%. The ex-dividend date is Thursday, July 7th. This is a positive change from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for KRG
.

Is Kite Realty Group Trust a good dividend stock?

Kite Realty Group Trust (NYSE:KRG) pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.13%. 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.

When did Kite Realty Group Trust's stock split?

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 stock prior to the reverse split would have 25 shares after the split.

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

Kite Realty Group Trust updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $1.80-$1.86 for the period. The company issued revenue guidance of -.

What is John A. Kite's approval rating as Kite Realty Group Trust's CEO?

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.

What other stocks do shareholders of Kite Realty Group Trust own?

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."

Who are Kite Realty Group Trust's major shareholders?

Kite Realty Group Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.95%), MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income (0.31%), Strs Ohio (0.29%), Thornburg Investment Management Inc. (0.26%), Securian Asset Management Inc. (0.24%) and Walleye Capital LLC (0.24%). Insiders that own company stock include John A Kite and R Fear Heath.
View institutional ownership trends
.

How do I buy shares of Kite Realty Group Trust?

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.
Compare Top Brokerages Here.

What is Kite Realty Group Trust's stock price today?

One share of KRG stock can currently be purchased for approximately $20.44.

How much money does Kite Realty Group Trust make?

Kite Realty Group Trust (NYSE:KRG) has a market capitalization of $4.48 billion and generates $373.32 million in revenue each year. The real estate investment trust earns $-80,810,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis.

How many employees does Kite Realty Group Trust have?

Kite Realty Group Trust employs 241 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 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.

This page (NYSE:KRG) was last updated on 8/10/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.