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...

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

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.

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