Kite Realty Group Trust (KRG)

NYSE: KRG · Real-Time Price · USD
25.12
+0.63 (2.57%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.57%
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]

Industry REIT - Retail
Sector Real Estate
IPO Date Aug 11, 2004
Employees 229
Stock Exchange NYSE
Ticker Symbol KRG
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$28.86
(14.89% upside)
Analyst Consensus: Buy
Stock Forecasts

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  (...

10 days ago - PRNewsWire

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...

Other symbols: AHRAMHAMTAVBBRXBXBXP
17 days ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

Rate Cut Rethink

U.S. equity markets extended gains to a fifth-straight week despite a continued upswell in benchmark interest rates, as investors weighed a solid start to earnings season against lukewarm inflation da...

Other symbols: ABRAVBBBREDRNDRVFRFREL
2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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,...

Other symbols: NTSTPLYMVICI
3 months ago - Seeking Alpha

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...

Other symbols: AKRALEXBFSBRXCTOFRTIVT
3 months ago - Seeking Alpha

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 months ago - GlobeNewsWire

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...

Other symbols: CUZSUI
4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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.

Other symbols: BXPCUZNHIUDR
4 months ago - Market Watch

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...

4 months ago - GlobeNewsWire

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...

Other symbols: IVTKIMWSR
4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

Other symbols: AHRAMHAMTBRXBXPCCICOLD
6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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 ...

7 months ago - Seeking Alpha

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...

Other symbols: BRXKIMPECOWSR
7 months ago - Seeking Alpha