Kite Realty Group Trust (KRG)
Market Cap | 5.62B |
Revenue (ttm) | 827.40M |
Net Income (ttm) | -9.77M |
Shares Out | 223.63M |
EPS (ttm) | -0.04 |
PE Ratio | n/a |
Forward PE | 69.62 |
Dividend | $1.08 (4.30%) |
Ex-Dividend Date | Jan 9, 2025 |
Volume | 1,635,988 |
Open | 24.50 |
Previous Close | 24.49 |
Day's Range | 24.50 - 25.27 |
52-Week Range | 19.64 - 28.24 |
Beta | 1.30 |
Analysts | Buy |
Price Target | 28.86 (+14.89%) |
Earnings Date | Feb 11, 2025 |
About 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. Publi... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for KRG stock is "Buy." The 12-month stock price forecast is $28.86, which is an increase of 14.89% from the latest price.
News
KITE REALTY GROUP PARTNERS WITH FIFTH WALL
NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Fifth Wall , the largest asset manager focused on improving, future-proofing, and decarbonizing the built world, has announced today that Kite Realty Group (...
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...
Kite Realty Group Trust (KRG) Q3 2024 Earnings Conference Call Transcript
Kite Realty Group Trust (NYSE:KRG) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Bryan McCarthy - SVP, Corporate Marketing and Communications John Kite - Chairman...
Kite Realty Group Reports Third Quarter 2024 Operating Results
INDIANAPOLIS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, repor...
Kite Realty Group: Evaluating Risks Amid Potential
Kite Realty Group has delivered over 34% total returns since November 2024, with a current FWD yield of 3.93% and a low P/FFO multiple of 12.66x. Now, looking at KRG we can see a compelling entry poin...
Kite Realty Group Recasts Its $1.1 Billion Unsecured Revolving Credit Facility and Amends Its $250 Million Term Loan Facility
INDIANAPOLIS, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-u...
Kite Realty Group to Report Third Quarter 2024 Financial Results on October 30, 2024
INDIANAPOLIS, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending September 30, 2024, after the market c...
If I Was Retiring In 10-20 Years With 10 REITs - Part 3
The Federal Reserve is expected to cut interest rates, benefiting REITs, which have shown strong performance and offer attractive investment opportunities for long-term growth. NETSTREIT, Kite Realty,...
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...
Kite Realty Group to Present at the BofA Securities 2024 Global Real Estate Conference
INDIANAPOLIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at the 2024 BofA Securities Global Real Estate Conference on Wednesday, Septem...
3 'Strong Buy' REITs With A Wide Margin Of Safety
The "Margin of Safety" concept is crucial for investors, providing a buffer in price to increase chances of profits. REITs like Cousins Properties and Kite Realty Group offer strong investment opportu...
REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. Wit...
Office REITs find an open door in the bond market
Top owners of high-quality office properties were among a batch of public real-estate investment trusts that raised nearly $2.5 billion in debt and equity in the past week.
Kite Realty Group Announces Pricing of $350 Million Senior Notes Offering
INDIANAPOLIS, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that, on August 13, 2024, its operating partnership, Kite Realty Group, L.P. (the “O...
Back Up The Cart With Sunbelt Shopping Center REITs
Shopping center ownership and leasing is influenced by supply and demand, with imbalances presenting investment opportunities. Migration to the Sunbelt region during the pandemic accelerated trends, i...
Kite Realty Group: Evaluating Market Perception Vs. Intrinsic Value
REITs have been struggling due to higher interest rates, but some securities like KRG are undervalued. KRG reported strong Q2 earnings, beating estimates and raising dividends. KRG's credit ratings up...
Kite Realty Group Trust (KRG) Q2 2024 Earnings Call Transcript
Kite Realty Group Trust (NYSE:KRG) Q2 2024 Earnings Conference Call July 31, 2024 1:00 PM ET Company Participants Bryan McCarthy - Senior Vice President, Corporate Development and IR John Kite - Chai...
Kite Realty Group Trust Reports Second Quarter 2024 Operating Results
INDIANAPOLIS, July 30, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, repor...
Equity REITs: Takeaways From REITWeek 2024
Overall positive outlook for REIT industry with decline in development activity, potential for increased transaction market activity, and well-capitalized REITs poised for growth. Key themes from REIT...
Kite Realty Group Trust Upgraded by S&P to BBB with Stable Outlook
INDIANAPOLIS, June 28, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that S&P Ratings (“S&P”) upgraded its issuer credit rating for Kite Realty Group Trust and the Compa...
Kite Realty Group Trust Publishes Annual Corporate Responsibility Report
INDIANAPOLIS, June 27, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today the release of its annual Corporate Responsibility Report, which provides a comprehensive overview o...
Kite Realty Group Trust to Report Second Quarter 2024 Financial Results on July 30, 2024
INDIANAPOLIS, June 18, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending June 30, 2024, after the market closes...
Kite Realty Group: Prime Point Of Entry To Profit From Potential Multiple Expansion
Retail REITs are undervalued in the market, with Kite Realty Group being particularly cheap. Shopping center REITs are trading at a discount compared to the broader REIT market. Kite Realty Group has ...
The Shopping Center Golden Age Has Longevity
Shopping centers have experienced a lack of development in the last 15 years, leading to full occupancy. The feedback mechanisms that usually regulate real estate cycles may not work in shopping cente...