Positive News SentimentPositive NewsNYSE:KRG Kite Realty Group Trust (KRG) Stock Price, News & Analysis → [BUY ALERT] Our #1 A.I. Stock for March (From Behind the Markets) (Ad) Free KRG Stock Alerts $21.67 +0.23 (+1.07%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$21.56▼$21.8450-Day Range$20.78▼$21.9252-Week Range$19.16▼$24.26Volume1.62 million shsAverage Volume1.93 million shsMarket Capitalization$4.76 billionP/E Ratio98.50Dividend Yield4.61%Price Target$26.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Kite Realty Group Trust alerts: Email Address Kite Realty Group Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside20.0% Upside$26.00 Price TargetShort InterestHealthy2.89% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.31Upright™ Environmental ScoreNews Sentiment1.87Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth3.43%From $2.04 to $2.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.03 out of 5 starsFinance Sector280th out of 849 stocksReal Estate Investment Trusts Industry52nd out of 181 stocks 2.1 Analyst's Opinion Consensus RatingKite Realty Group Trust has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.00, Kite Realty Group Trust has a forecasted upside of 20.0% from its current price of $21.67.Amount of Analyst CoverageKite Realty Group Trust has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.89% of the outstanding shares of Kite Realty Group Trust have been sold short.Short Interest Ratio / Days to CoverKite Realty Group Trust has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kite Realty Group Trust has recently increased by 10.84%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipKite Realty Group Trust is a leading dividend payer. It pays a dividend yield of 4.78%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKite Realty Group Trust has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Kite Realty Group Trust is 454.57%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 47.39% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKite Realty Group Trust has received a -17.46% net impact score from Upright. The largest negative impact of Kite Realty in category "GHG emissions" seems to be driven mostly by its "Real estate funds investing in shopping centers", "Real estate funds investing in retail stores", and "Shopping mall space leasing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Kite Realty Group Trust is -2.31. Previous Next 4.4 News and Social Media Coverage News SentimentKite Realty Group Trust has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Kite Realty Group Trust this week, compared to 2 articles on an average week.Search Interest4 people have searched for KRG on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows5 people have added Kite Realty Group Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kite Realty Group Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.70% of the stock of Kite Realty Group Trust is held by insiders.Percentage Held by Institutions90.81% of the stock of Kite Realty Group Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Kite Realty Group Trust are expected to grow by 3.43% in the coming year, from $2.04 to $2.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is 98.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Kite Realty Group Trust is 98.50, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 58.14.Price to Earnings Growth RatioKite Realty Group Trust has a PEG Ratio of 3.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKite Realty Group Trust has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> About Kite Realty Group Trust Stock (NYSE:KRG)Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company's primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of December 31, 2023, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.1 million square feet of gross leasable space.Read More KRG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRG Stock News HeadlinesMarch 25, 2024 | americanbankingnews.comKite Realty Group Trust (NYSE:KRG) Receives Average Recommendation of "Hold" from AnalystsMarch 20, 2024 | globenewswire.comKite Realty Group Trust to Report First Quarter 2024 Financial Results on April 30, 2024March 29, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 13, 2024 | finance.yahoo.comFitch Upgrades Kite Realty Group Trust’s Rating Outlook to ‘Positive’ from ‘Stable’March 13, 2024 | globenewswire.comFitch Upgrades Kite Realty Group Trust's Rating Outlook to ‘Positive' from ‘Stable'March 1, 2024 | finance.yahoo.comKite Realty Group Trust (KRG)February 29, 2024 | globenewswire.comKite Realty Group Trust to Present at the Citi 2024 Global Property CEO ConferenceFebruary 29, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Real Estate Companies: Kite Realty Group (KRG) and Service Properties (SVC)March 29, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.February 27, 2024 | markets.businessinsider.comAnalysts’ Top Real Estate Picks: Kite Realty Group (KRG), SBA Communications (SBAC)February 26, 2024 | globenewswire.comKite Realty Group Trust Upgraded by Moody's to Baa2 with Stable OutlookFebruary 14, 2024 | seekingalpha.comKite Realty Group Trust 2023 Q4 - Results - Earnings Call PresentationFebruary 13, 2024 | finance.yahoo.comKite Realty Group Trust Reports Fourth Quarter and Full Year 2023 Operating Results and Provides 2024 GuidanceFebruary 13, 2024 | finance.yahoo.comKite Realty Group Trust (KRG) Reports Solid Earnings Growth and Robust Leasing Activity in Q4 ...February 13, 2024 | globenewswire.comKite Realty Group Trust Reports Fourth Quarter and Full Year 2023 Operating Results and Provides 2024 GuidanceFebruary 12, 2024 | markets.businessinsider.comHere's what Wall Street expects from Kite Realty Group Trust's earnings reportFebruary 12, 2024 | finance.yahoo.comWhy Kite Realty Group (KRG) Might Surprise This Earnings SeasonFebruary 12, 2024 | finance.yahoo.comKite Realty Group (KRG) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance MeasuresFebruary 3, 2024 | morningstar.comKite Realty Group TrustFebruary 1, 2024 | msn.comBrandywine Realty Trust FFO of $0.27 misses by $0.02; initiates FY24 outlookJanuary 24, 2024 | finance.yahoo.comKite Realty Group Trust Announces Tax Reporting Information for 2023 Dividend DistributionsJanuary 12, 2024 | finance.yahoo.comKite Realty Group Trust Announces Pricing of $350 Million Senior Notes OfferingJanuary 11, 2024 | finance.yahoo.comKite Realty Group Trust to Report Fourth Quarter 2023 Financial Results on February 13, 2024January 4, 2024 | finance.yahoo.comKite Realty Group Trust's Dividend AnalysisDecember 12, 2023 | finance.yahoo.comNordstrom Rack to Open New Location in Franklin, TennesseeDecember 10, 2023 | benzinga.comKite Realty Gr Trust Stock (NYSE:KRG), Quotes and News SummaryDecember 6, 2023 | benzinga.comChairman & CEO Of Kite Realty Gr Trust Sold $1.31M In StockSee 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. Email Address Company Calendar Last Earnings4/28/2022Ex-Dividend for 1/12 Dividend1/04/2024Dividend Payable1/12/2024Today3/28/2024Ex-Dividend for 4/12 Dividend4/04/2024Dividend Payable4/12/2024Next Earnings (Confirmed)4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:KRG CUSIP49803T10 CIK1286043 Webwww.kiterealty.com Phone(317) 577-5600Fax317-557-5605Employees229Year FoundedN/APrice Target and Rating Average Stock Price Target$26.00 High Stock Price Target$30.00 Low Stock Price Target$21.00 Potential Upside/Downside+20.0%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.22 Trailing P/E Ratio98.50 Forward P/E Ratio10.62 P/E Growth3.01Net Income$47.50 million Net Margins5.77% Pretax Margin5.70% Return on Equity1.30% Return on Assets0.67% Debt Debt-to-Equity Ratio0.79 Current Ratio0.76 Quick Ratio0.76 Sales & Book Value Annual Sales$823 million Price / Sales5.78 Cash Flow$2.13 per share Price / Cash Flow10.15 Book Value$16.27 per share Price / Book1.33Miscellaneous Outstanding Shares219,450,000Free Float215,717,000Market Cap$4.76 billion OptionableOptionable Beta1.29 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. John A. Kite (Age 58)Chairman of the Board of Trustees & CEO Comp: $3.83MMr. Thomas K. McGowan (Age 59)President & COO Comp: $1.68MMr. Heath R. Fear (Age 55)Executive VP & CFO Comp: $1.75MMr. David E. Buell (Age 42)Senior VP & Chief Accounting Officer Comp: $331.48kMr. Tyler HenshawSenior Vice President of Capital Markets, Investor Relations & Corporate FinanceMr. Pat CaseySenior VP & CTOMr. Dean PapadakisSenior VP, Chief Legal Officer & Corporate SecretaryMr. Bryan McCarthySenior Vice President of Corporate Marketing & CommunicationsMs. Mellissa M. Boggs SPHRExecutive Vice President of Employee ExperienceMr. Mark JenkinsSenior Vice President of DevelopmentMore ExecutivesKey CompetitorsMacerichNYSE:MACAgree RealtyNYSE:ADCTangerNYSE:SKTAcadia Realty TrustNYSE:AKRRetail Opportunity InvestmentsNASDAQ:ROICView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 13,717 shares on 3/25/2024Ownership: 0.006%PNC Financial Services Group Inc.Sold 1,317 shares on 3/22/2024Ownership: 0.003%Vanguard Group Inc.Bought 344,226 shares on 3/11/2024Ownership: 14.908%Wellington Management Group LLPSold 73,012 shares on 3/5/2024Ownership: 0.140%Pineridge Advisors LLCBought 1,709 shares on 3/1/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions KRG Stock Analysis - Frequently Asked Questions Should I buy or sell Kite Realty Group Trust stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kite Realty Group Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KRG, but not buy additional shares or sell existing shares. View KRG analyst ratings or view top-rated stocks. What is Kite Realty Group Trust's stock price target for 2024? 5 equities research analysts have issued 1-year price objectives for Kite Realty Group Trust's stock. Their KRG share price targets range from $21.00 to $30.00. On average, they anticipate the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price. View analysts price targets for KRG or view top-rated stocks among Wall Street analysts. How have KRG shares performed in 2024? Kite Realty Group Trust's stock was trading at $22.86 on January 1st, 2024. Since then, KRG shares have decreased by 5.2% and is now trading at $21.67. View the best growth stocks for 2024 here. When is Kite Realty Group Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our KRG earnings forecast. How can I listen to Kite Realty Group Trust's earnings call? Kite Realty Group Trust will be holding an earnings conference call on Wednesday, May 1st at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) released its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.48. Kite Realty Group Trust had a trailing twelve-month return on equity of 1.30% and a net margin of 5.77%. During the same quarter in the previous year, the firm posted $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 declared a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, April 5th will be given a dividend of $0.25 per share on Friday, April 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date of this dividend is Thursday, April 4th. 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 $1.00 per share and currently has a dividend yield of 4.78%. KRG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 454.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KRG will have a dividend payout ratio of 47.39% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KRG. What ETFs hold Kite Realty Group Trust's stock? ETFs with the largest weight of Kite Realty Group Trust (NYSE:KRG) stock in their portfolio include First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Invesco Dorsey Wright Financial Momentum ETF (PFI), JPMorgan Active Small Cap Value ETF (JPSV), iShares US Credit Bond ETF (CRED), FlexShares Global Quality Real Estate Index Fund (GQRE), SPDR Dow Jones REIT ETF (RWR), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and First Trust S&P REIT Index Fund (FRI). When did Kite Realty Group Trust's stock split? 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 market closes 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 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of 2.000-2.060 for the period, compared to the consensus EPS estimate of 2.030. 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? 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 Who are Kite Realty Group Trust's major shareholders? Kite Realty Group Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.91%), Vanguard Group Inc. (14.91%), Nuveen Asset Management LLC (1.60%), Charles Schwab Investment Management Inc. (1.52%), Northern Trust Corp (1.49%) and Dimensional Fund Advisors LP (1.45%). Insiders that own company stock include Charles H Wurtzebach, Gerald M Gorski, John A Kite and Steven P Grimes. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:KRG) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 Media“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry ResearchAI healthcare stock poised for 36,996% growth?Behind the MarketsMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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