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Kite Realty Group Trust (KRG)

NYSE: KRG · IEX Real-Time Price · USD
20.78 -0.18 (-0.86%)
Sep 24, 2021 4:00 PM EDT - Market closed
Market Cap1.76B
Revenue (ttm)272.34M
Net Income (ttm)12.95M
Shares Out84.57M
EPS (ttm)0.15
PE Ratio134.94
Forward PE161.29
Dividend$0.58 (2.79%)
Ex-Dividend DateSep 30, 2021
Volume458,524
Open20.90
Previous Close20.96
Day's Range20.77 - 21.09
52-Week Range9.82 - 23.14
Beta1.47
AnalystsBuy
Price Target23.15 (+11.4%)
Est. Earnings DateOct 28, 2021

About KRG

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateAug 11, 2004
Employees113
Stock ExchangeNYSE
Ticker SymbolKRG
Full Company Profile

Financial Performance

In 2020, KRG's revenue was $266.65 million, a decrease of -15.40% compared to the previous year's $315.17 million. Losses were -$16.22 million, 2,938.0% more than in 2019.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for KRG stock is "Buy." The 12-month stock price forecast is 23.15, which is an increase of 11.41% from the latest price.

Price Target
$23.15
(11.41% upside)
Analyst Consensus: Buy

News

Why You Shouldn't Bet Against Kite Realty Group (KRG) Stock

Kite Realty Group (KRG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

1 week ago - Zacks Investment Research

Kite Realty Group Trust Announces Quarterly Common Dividend

INDIANAPOLIS, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.18 per common share for the qu...

1 month ago - GlobeNewsWire

What Makes Kite Realty Group (KRG) a New Buy Stock

Kite Realty Group (KRG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago - Zacks Investment Research

Kite Realty Group (KRG) Q2 FFO and Revenues Beat Estimates

Kite Realty Group (KRG) delivered FFO and revenue surprises of 6.25% and 2.81%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Kite Realty Group Trust Reports Second Quarter 2021 Operating Results and Raises Full Year Guidance

INDIANAPOLIS, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) reported today its operating results for the second quarter ended June 30, 2021.

1 month ago - GlobeNewsWire

INVESTIGATION ALERT: Halper Sadeh LLP Investigates ISBC, IRT, KRG, BRBS; Shareholders are Encouraged to Contact the Firm

NEW YORK, July 29, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Investors Bancorp, Inc. (NASDAQ: ISBC) concerning pote...

Other symbols:IRTISBC
1 month ago - PRNewsWire

RETAIL PROPERTIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Ade...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Retail Properties ...

Other symbols:RPAI
2 months ago - Business Wire

SHAREHOLDER ALERT: WeissLaw LLP Investigates Retail Properties of America, Inc.

NEW YORK, July 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Retail Properties of America, Inc. ("RP...

Other symbols:RPAI
2 months ago - PRNewsWire

Kite Realty Group Trust and Retail Properties of America, Inc. Announce $7.5 Billion Strategic Merger

Expected to be Immediately Accretive to Earnings per Share While Improving Balance Sheet

2 months ago - GlobeNewsWire

Kite Realty Group Trust to Present at NAREIT's REITweek: 2021 Virtual Investor Conference

INDIANAPOLIS, June 04, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced today that it will present at Nareit's REITweek: 2021 Virtual Investor Conference on Wednesday, June 9, 2021 ...

3 months ago - GlobeNewsWire

Kite Realty Group Trust to Report Second Quarter 2021 Financial Results on August 2, 2021

INDIANAPOLIS, June 02, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending June 30, 2021, after the market closes o...

3 months ago - GlobeNewsWire

Kite Realty Group Trust Recognized as 2021 Green Lease Leader by the Department of Energy's Better Buildings Alliance...

INDIANAPOLIS, May 25, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced today it has been recognized as a 2021 Green Lease Leader by the U.S. Department of Energy's (DOE) Better Buil...

4 months ago - GlobeNewsWire

Kite Realty Group Trust Announces Quarterly Common Dividend

INDIANAPOLIS, May 12, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.18 per common share for the qua...

4 months ago - GlobeNewsWire

Kite Realty Group (KRG) Tops Q1 FFO and Revenue Estimates

Kite Realty Group (KRG) delivered FFO and revenue surprises of 6.25% and 4.43%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Kite Realty Group Trust Reports First Quarter 2021 Operating Results

INDIANAPOLIS, April 29, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) reported today its operating results for the first quarter ended March 31, 2021.

4 months ago - GlobeNewsWire

Kite Realty Group Trust Expands Board of Trustees and Announces the Appointment of Derrick Burks

INDIANAPOLIS, March 25, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) is pleased to announce the appointment of Derrick Burks to its Board of Trustees. Mr. Burks is a retired partner from ...

6 months ago - GlobeNewsWire

Kite Realty Group Trust Announces Closing of Offering of 0.75% Exchangeable Senior Notes due 2027

INDIANAPOLIS, March 22, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that its operating partnership, Kite Realty Group, L.P. (the “Operating Partnership”)...

6 months ago - GlobeNewsWire

Kite Realty Group Trust Announces Proposed Private Offering of $175 Million of Exchangeable Senior Notes

INDIANAPOLIS, March 16, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that its operating partnership, Kite Realty Group, L.P. (the “Operating Partnership”)...

6 months ago - GlobeNewsWire

Kite Realty Group Trust to Present at the Citi 2021 Global Property CEO Conference

INDIANAPOLIS, March 05, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at the Citi 2021 Global Property CEO Conference on Tuesday, March 9, 2021. The p...

6 months ago - GlobeNewsWire

Kite Realty Group Trust to Report First Quarter 2021 Financial Results on April 29, 2021

INDIANAPOLIS, March 05, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2021, after the market closes...

6 months ago - GlobeNewsWire

Kite Realty Group Trust Announces Transformational Redevelopment at Glendale Town Center

INDIANAPOLIS, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) has formally announced the next phase in the evolution of Glendale Town Center in Indianapolis, Indiana. Through an in...

7 months ago - GlobeNewsWire

Kite Realty Group Trust Completes the Sale of 15 Ground Leases

INDIANAPOLIS, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that the Company closed on the sale of 15 ground leases for gross proceeds of $36.6 mi...

7 months ago - GlobeNewsWire

Kite Realty Group Trust Announces ATM Program

INDIANAPOLIS, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that the Company's Board of Trustees has authorized a new $150 million “at-the-market”...

7 months ago - GlobeNewsWire

Kite Realty Group Trust Announces New Share Repurchase Program

INDIANAPOLIS, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that the Company's Board of Trustees has authorized a new $150 million share repurchas...

7 months ago - GlobeNewsWire

Kite Realty Group Trust Announces Annual Shareholder Meeting

INDIANAPOLIS, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it has scheduled its Annual Meeting of Shareholders to be held on Wednesday, May 12, 2021, at 9:0...

7 months ago - GlobeNewsWire