Kite Realty Group Trust (KRG)

NYSE: KRG · IEX Real-Time Price · USD
21.42
-0.16 (-0.74%)
Sep 29, 2023, 4:00 PM EDT - Market closed
-0.74%
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]

Industry REIT - Retail
Sector Real Estate
IPO Date Aug 11, 2004
Employees 236
Stock Exchange NYSE
Ticker Symbol KRG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$25.67
(19.84% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

4 days ago - GlobeNewsWire

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 ...

9 days ago - GlobeNewsWire

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 ...

2 months ago - Business Wire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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 ...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

These ‘Deep Value' Stocks Are Ready to Bounce Back

The underperformance of the markets cheapest stocks in 2022 was an anomaly. Some names to consider.

Other symbols: COFCVXDEEPFGMGNKKRC
9 months ago - Barrons

‘Deep Value' Stocks Look Ready to Bounce Back From a Tough 2022

Everyone loves a bargain, but when a bargain looks too good to be true, people shy away. Don't do that with so-called deep-value stocks, which look like real deals right now.

Other symbols: CVXFGMGNKKRCPXDSMP
9 months ago - Barrons

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...

10 months ago - GlobeNewsWire

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 ...

11 months ago - GlobeNewsWire

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

11 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Business Wire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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:...

1 year ago - GlobeNewsWire

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...

1 year ago - Business Wire