Kite Realty Group Trust (KRG)
Market Cap | 4.70B |
Revenue (ttm) | 820.51M |
Net Income (ttm) | 28.49M |
Shares Out | 219.37M |
EPS (ttm) | 0.12 |
PE Ratio | 178.50 |
Forward PE | 403.96 |
Dividend | $0.96 (4.48%) |
Ex-Dividend Date | Oct 5, 2023 |
Volume | 1,204,550 |
Open | 21.87 |
Previous Close | 21.58 |
Day's Range | 21.17 - 21.96 |
52-Week Range | 16.75 - 24.26 |
Beta | 1.39 |
Analysts | Buy |
Price Target | 25.67 (+19.84%) |
Earnings Date | Oct 30, 2023 |
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
In 2022, KRG's revenue was $802.00 million, an increase of 114.83% compared to the previous year's $373.32 million. Losses were -$12.64 million, -84.36% less than in 2021.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for KRG stock is "Buy." The 12-month stock price forecast is $25.67, which is an increase of 19.84% from the latest price.
News

S&P Upgrades Kite Realty Group Trust's Rating Outlook to ‘Positive' from ‘Stable'
INDIANAPOLIS, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that S&P Ratings (“S&P”) revised its rating outlook for KRG to ‘Positive' from ‘Stable' and affirme...

Kite Realty Group Trust to Report Third Quarter 2023 Financial Results on October 30, 2023
INDIANAPOLIS, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending September 30, 2023, after the market ...

New Brands Headed to Southlake Town Square
SOUTHLAKE, Texas--(BUSINESS WIRE)--More up-and-coming brands are headed to Southlake Town Square, opening new front doors in the premier lifestyle destination, bringing what is already popular online ...

Kite Realty Group Trust Reports Second Quarter 2023 Operating Results
INDIANAPOLIS, July 31, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along w...

Kite Realty Group Trust Publishes Annual Corporate Responsibility Report
INDIANAPOLIS, July 26, 2023 (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 2023 Financial Results on July 31, 2023
INDIANAPOLIS, June 28, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending June 30, 2023, after the market closes...

Kite Realty Group Trust Reports First Quarter 2023 Operating Results
INDIANAPOLIS, May 01, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along wi...

Update -- Kite Realty Group Trust to Report First Quarter 2023 Financial Results on May 1, 2023
INDIANAPOLIS, April 14, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2023, after the market clos...

Kite Realty Group Trust to Report First Quarter 2023 Financial Results on May 2, 2023
INDIANAPOLIS, March 30, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2023, after the market clos...

Kite Realty Group Trust to Present at the Citi 2023 Global Property CEO Conference
INDIANAPOLIS, March 01, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at the Citi 2023 Global Property CEO Conference on Monday, March 6, 2023. The ...

Kite Realty Group Trust Reports Fourth Quarter and Full Year 2022 Operating Results and Provides 2023 Guidance
INDIANAPOLIS, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along w...

Kite Realty Group Trust Announces Tax Reporting Information for 2022 Dividend Distributions
INDIANAPOLIS, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today the allocations of the Company's 2022 dividend distributions on its common stock. The allocations as...

Kite Realty Group Trust to Report Fourth Quarter 2022 Financial Results on February 13, 2023
INDIANAPOLIS, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending December 31, 2022, after the market cl...

Kite Realty Group Trust Declares Quarterly Common Dividend of $0.24 per Common Share, a 9% Increase Over Previous Quarter and a 22% Year-over-Year Increase
INDIANAPOLIS, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.24 per common share for the ...

Kite Realty Group Trust Reports Third Quarter 2022 Operating Results
Raises 2022 guidance Leased approximately 1.6 million square feet, an all-time high for KRG, at 10.8% comparable blended cash leasing spreads Issued inaugural Corporate Responsibility Report

Kite Realty Group Trust Publishes Inaugural Corporate Responsibility Report
INDIANAPOLIS, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today the release of its inaugural Corporate Responsibility Report, which provides a comprehensive overvie...

Kite Realty Group Trust to Report Third Quarter 2022 Financial Results on November 2, 2022
INDIANAPOLIS, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending September 30, 2022, after the market c...

Southlake Town Square Has Lots in Store for 2023
SOUTHLAKE, Texas--(BUSINESS WIRE)--Southlake Town Square will look very different in the new year, as the acclaimed lifestyle destination makes room for a whole host of new brands. “Over the last 12 m...

Kite Realty Group Trust Declares Quarterly Common Dividend of $0.22 per Common Share, a 5% Increase Over Previous Quarter and a 22% Year-over-Year Increase
INDIANAPOLIS, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.22 per common share for the ...

Kite Realty Group Trust Reports Second Quarter 2022 Operating Results
Raises 2022 guidance Leased approximately 1.2 million square feet at 13.2% comparable blended cash leasing spreads Acquired grocery-anchored Palms Plaza (Boca Raton, FL) for $35.8 million Upsized revo...

Kite Realty Group Trust to Report Second Quarter 2022 Financial Results on August 2, 2022
INDIANAPOLIS, June 30, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending June 30, 2022, after the market closes...

Kite Realty Group Trust to Present at NAREIT's REITweek: 2022 Investor Conference
INDIANAPOLIS, June 03, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at Nareit's REITweek: 2022 Investor Conference on Wednesday, June 8, 2022 at 1:...

Southlake Town Square to See Slew of New Openings in 2022
SOUTHLAKE, Texas--(BUSINESS WIRE)--2022 is off to a great start with a host of new retail openings at Southlake Town Square, DFW's premier lifestyle destination. Shoppers are invited to connect in per...