Kite Realty Group Trust (KRG)
NYSE: KRG · IEX Real-Time Price · USD
22.26
+0.04 (0.18%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Kite Realty Group Trust Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for KRG stock have an average target of 26, with a low estimate of 23 and a high estimate of 30. The average target predicts an increase of 16.80% from the current stock price of 22.26.
Analyst Consensus: Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for KRG stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 2 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $22 → $23 | Sell | Maintains | $22 → $23 | +3.32% | May 28, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $23 | Hold → Strong Buy | Upgrades | $23 | +3.32% | Apr 18, 2024 |
| Jefferies | Jefferies | Hold Maintains $24 → $23 | Hold | Maintains | $24 → $23 | +3.32% | Mar 7, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $28 → $30 | Buy | Maintains | $28 → $30 | +34.77% | Dec 20, 2023 |
| Wells Fargo | Wells Fargo | Sell Maintains $23 → $21 | Sell | Maintains | $23 → $21 | -5.66% | Nov 13, 2023 |
Financial Forecast
Revenue This Year
845.57M
from 823.00M
Increased by 2.74%
Revenue Next Year
879.74M
from 845.57M
Increased by 4.04%
EPS This Year
0.25
from 0.22
Increased by 11.71%
EPS Next Year
0.29
from 0.25
Increased by 16.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 897.2M | 936.9M | 955.5M | 965.5M |
| Avg | 845.6M | 879.7M | 912.1M | 928.7M |
| Low | 808.7M | 835.6M | 878.1M | 901.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.0% | 10.8% | 8.6% | 5.9% |
| Avg | 2.7% | 4.0% | 3.7% | 1.8% |
| Low | -1.7% | -1.2% | -0.2% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.29 | 0.36 | 0.38 |
| Avg | 0.25 | 0.29 | 0.36 |
| Low | 0.21 | 0.21 | 0.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 33.6% | 45.3% | 32.1% |
| Avg | 11.7% | 16.4% | 27.1% |
| Low | -6.5% | -16.3% | 23.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.