Kite Realty Group Trust (KRG)

NYSE: KRG · IEX Real-Time Price · USD
17.62
+0.11 (0.66%)
Jul 7, 2022 1:14 PM EDT - Market open
0.66%
Market Cap 3.90B
Revenue (ttm) 498.34M
Net Income (ttm) -122.19M
Shares Out 221.56M
EPS (ttm) -0.85
PE Ratio n/a
Forward PE 161.29
Dividend $0.78 (4.43%)
Ex-Dividend Date Jul 7, 2022
Volume 282,911
Open 17.50
Previous Close 17.50
Day's Range 17.42 - 17.71
52-Week Range 16.97 - 23.35
Beta 1.26
Analysts Buy
Price Target 26.83 (+52.3%)
Earnings Date Aug 2, 2022

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. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Aug 11, 2004
Employees 241
Stock Exchange NYSE
Ticker Symbol KRG
Full Company Profile

Financial Performance

In 2021, KRG's revenue was $373.32 million, an increase of 40.01% compared to the previous year's $266.65 million. Losses were -$80.81 million, 398.1% more than in 2020.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for KRG stock is "Buy." The 12-month stock price forecast is 26.83, which is an increase of 52.31% from the latest price.

Price Target
$26.83
(52.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 o...

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 1:00...

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 perso...

Kite Realty Group Trust Declares Quarterly Common Dividend of $0.21 per Common Share, a 5% Increase Over Previous Qua...

INDIANAPOLIS, Ind., May 11, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.21 per common share for t...

Kite Realty Group (KRG) Q1 FFO and Revenues Top Estimates

Kite Realty Group (KRG) delivered FFO and revenue surprises of 9.52% and 18.86%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Kite Realty Group Trust Reports First Quarter 2022 Operating Results

Raises 2022 guidance Leased over 1 million square feet at 16.1% comparable blended cash leasing spreads Acquired $66 million of high-quality Sun Belt assets Share repurchase program upsized to $300 mill...

Best Income Stocks to Buy for April 11th

RTL, LCNB, and KRG made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 11, 2022.

Other symbols: LCNBRTL

Kite Realty Group Trust to Report First Quarter 2022 Financial Results on April 28, 2022

INDIANAPOLIS, March 17, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2022, after the market closes...

Kite Realty Group Trust to Present at the Citi 2022 Global Property CEO Conference

INDIANAPOLIS, March 01, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at the Citi 2022 Global Property CEO Conference on Tuesday, March 8, 2022. The p...

Kite Realty Group (KRG) Q4 FFO and Revenues Surpass Estimates

Kite Realty Group (KRG) delivered FFO and revenue surprises of 16.22% and 131.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Kite Realty Group Trust Reports 2021 Operating Results and 2022 Guidance

INDIANAPOLIS, Feb. 14, 2022 (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 wit...

Kite Realty Group Trust Declares Quarterly Common Dividend of $0.20 per Common Share, a 5% Increase Over Previous Qua...

INDIANAPOLIS, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.20 per common share for the qu...

Kite Realty Group Trust Announces Tax Reporting Information For 2021 Dividend Distributions

INDIANAPOLIS, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today the allocations of the company's 2021 dividend distributions on its common stock. The allocations as t...

Kite Realty Group Trust Announces Tax Reporting Information for 2021 Dividend Distributions for Retail Property of Am...

INDIANAPOLIS, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today the allocations of Retail Property of America, Inc.'s 2021 dividend distributions on its common stock....

Kite Realty Group Trust Updates Fourth Quarter 2021 Financial Results Reporting Date to February 14, 2022

INDIANAPOLIS, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will now release financial results for the quarter ending December 31, 2021, after the market ...

3 Top REITs to Buy From a Rebounding Retail REIT Industry

The Zacks REIT and Equity Trust - Retail industry stocks SPG, FRT and KRG are in focus amid widespread vaccination, rising income and hefty savings, supporting strong consumer spending, despite e-commer...

Other symbols: FRTSPG

Why Kite Realty (KRG) Stock Might be a Great Pick

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

Agree Realty Names Peter Coughenour Chief Financial Officer

BLOOMFIELD HILLS, Mich., Dec. 7, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") announced that effective immediately, Peter Coughenour has been named its Chief Financial Offic...

Other symbols: ADC

UPDATE -- Kite Realty Group Trust to Report Fourth Quarter 2021 Financial Results on February 10, 2022

INDIANAPOLIS, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending December 31, 2021, after the market clos...

Kite Realty Group Trust to Report Fourth Quarter 2021 Financial Results on February 10, 2021

INDIANAPOLIS, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending December 31, 2021, after the market clos...

FTC launches probe into supply chain snarls

The Federal Trade Commission on Monday ordered nine large retailers, wholesalers and consumer goods suppliers to provide detailed information that will help it investigate how supply chain disruptions a...

Other symbols: AMZNKHCPGTSNWMT

Best Income Stocks to Buy for November 23rd

ORI, KRG, FRG, and CHCO made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 23, 2021.

Other symbols: CHCOFRGORI

Kite Realty Group Trust Announces Quarterly Common Dividend

INDIANAPOLIS, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.19 per common share for the qu...

Kite Realty Group (KRG) Lags Q3 FFO Estimates

Kite Realty Group (KRG) delivered FFO and revenue surprises of -24.24% and 3.44%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Kite Realty Group Trust Reports Third Quarter 2021 Operating Results

INDIANAPOLIS, Oct. 28, 2021 (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 wit...