Kite Realty Group Trust (KRG)
NYSE: KRG · IEX Real-Time Price · USD
21.68
+0.24 (1.12%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Kite Realty Group Trust Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for KRG stock have an average target of 25, with a low estimate of 21 and a high estimate of 30. The average target predicts an increase of 15.31% from the current stock price of 21.68.

Analyst Consensus: Hold
Target Low Average Median High
Price $21 $25 $23 $30
Change -3.14% +15.31% +6.09% +38.38%

Analyst Ratings

The average analyst rating for KRG stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 211111
Buy 221111
Hold 333333
Sell 111111
Strong Sell 000000
Total 876666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Hold
Maintains
$24$23
Hold Maintains $24$23 +6.09% Mar 7, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$28$30
Buy Maintains $28$30 +38.38% Dec 20, 2023
Wells Fargo
Wells Fargo
Sell
Maintains
$23$21
Sell Maintains $23$21 -3.14% Nov 13, 2023
Raymond James
Raymond James
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Sep 5, 2023
B of A Securities
B of A Securities
Strong Buy
Maintains
$26$28
Strong Buy Maintains $26$28 +29.15% Aug 22, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
842.02M
from 823.00M
Increased by 2.31%
Revenue Next Year
875.55M
from 842.02M
Increased by 3.98%
EPS This Year
0.17
from 0.22
Decreased by -23.48%
EPS Next Year
0.25
from 0.17
Increased by 46.00%
Year 20192020202120222023202420252026
Revenue
315.17M266.65M373.32M802.00M823.00M842.02M875.55M913.65M
Revenue Growth
-11.01%-15.40%40.01%114.83%2.62%2.31%3.98%4.35%
EPS
-0.01-0.19-0.73-0.060.220.170.250.52
EPS Growth
------23.48%46.00%109.59%
No. Analysts -----653
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 897.2M 936.9M 960.6M
Avg 842.0M 875.6M 913.7M
Low 806.2M 835.0M 878.1M

Revenue Growth

Revenue Growth 202420252026
High
9.0%
11.3%
9.7%
Avg
2.3%
4.0%
4.4%
Low
-2.0%
-0.8%
0.3%

EPS Forecast

EPS 202420252026
High 0.25 0.39 0.54
Avg 0.17 0.25 0.52
Low 0.09 0.14 0.50

EPS Growth

EPS Growth 202420252026
High
14.5%
130.8%
117.9%
Avg
-23.5%
46.0%
109.6%
Low
-59.9%
-18.5%
103.4%
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.