Kite Realty Group Trust (KRG)

NYSE: KRG · IEX Real-Time Price · USD
21.87
-0.09 (-0.41%)
Jun 17, 2024, 4:00 PM EDT - Market closed
-0.41%
Market Cap 4.80B
Revenue (ttm) 823.69M
Net Income (ttm) 56.26M
Shares Out 219.60M
EPS (ttm) 0.26
PE Ratio 84.12
Forward PE 81.20
Dividend $1.00 (4.57%)
Ex-Dividend Date Jul 9, 2024
Volume 977,014
Open 21.86
Previous Close 21.96
Day's Range 21.76 - 22.01
52-Week Range 19.64 - 24.26
Beta 1.29
Analysts Buy
Price Target 26.00 (+18.88%)
Earnings Date Jul 29, 2024

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 5 analysts, the average rating for KRG stock is "Buy." The 12-month stock price forecast is $26.0, which is an increase of 18.88% from the latest price.

Price Target
$26.0
(18.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Kite Realty Group Trust Reports First Quarter 2024 Operating Results

INDIANAPOLIS, April 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, repo...

6 weeks ago - GlobeNewsWire

Kite Realty Group Trust to Report First Quarter 2024 Financial Results on April 30, 2024

INDIANAPOLIS, March 20, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2024, after the market clos...

3 months ago - GlobeNewsWire

Fitch Upgrades Kite Realty Group Trust's Rating Outlook to ‘Positive' from ‘Stable'

INDIANAPOLIS, March 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Fitch Ratings (“Fitch”) revised its rating outlook for KRG to ‘Positive' from ‘Stable' and aff...

3 months ago - GlobeNewsWire

Kite Realty Group Trust to Present at the Citi 2024 Global Property CEO Conference

INDIANAPOLIS, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at the Citi 2024 Global Property CEO Conference on Monday, March 4, 2024. The p...

3 months ago - GlobeNewsWire

Kite Realty Group Trust Upgraded by Moody's to Baa2 with Stable Outlook

INDIANAPOLIS, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Moody's Investors Service (“Moody's”) upgraded the Company's corporate credit rating to Baa2 fr...

4 months ago - GlobeNewsWire

Kite Realty Group Trust Reports Fourth Quarter and Full Year 2023 Operating Results and Provides 2024 Guidance

INDIANAPOLIS, Feb. 13, 2024 (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...

4 months ago - GlobeNewsWire

Kite Realty Group Trust Announces Tax Reporting Information for 2023 Dividend Distributions

INDIANAPOLIS, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today the allocations of the Company's 2023 dividend distributions on its common stock. The allocations as...

5 months ago - GlobeNewsWire

Kite Realty Group Trust Announces Pricing of $350 Million Senior Notes Offering

INDIANAPOLIS, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that, on January 12, 2024, its operating partnership, Kite Realty Group, L.P. (the “...

5 months ago - GlobeNewsWire

Kite Realty Group Trust to Report Fourth Quarter 2023 Financial Results on February 13, 2024

INDIANAPOLIS, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending December 31, 2023, after the market cl...

5 months ago - GlobeNewsWire

Nordstrom Rack to Open New Location in Franklin, Tennessee

SEATTLE , Dec. 12, 2023 /PRNewswire/ -- Seattle-based fashion retailer  Nordstrom, Inc . (NYSE: JWN) announced plans to open a new  Nordstrom Rack  in Franklin, Tennessee in fall 2024.

Other symbols: JWN
6 months ago - PRNewsWire

Kite Realty Group Trust Reports Third Quarter 2023 Operating Results

INDIANAPOLIS, Oct. 30, 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

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...

9 months 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 months 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 ...

11 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...

11 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...

11 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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 ...

1 year 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...

1 year 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...

1 year 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
1 year 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: CVXFGMGNKKRCSMPSRC
1 year ago - Barrons