Kite Realty Group Trust (KRG)
NYSE: KRG · IEX Real-Time Price · USD
23.04
+0.15 (0.66%)
At close: Jul 12, 2024, 4:00 PM
23.23
+0.19 (0.82%)
Pre-market: Jul 15, 2024, 7:19 AM EDT

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 12.85% from the current stock price of 23.04.

Analyst Consensus: Buy
Target Low Average Median High
Price $23 $26 $28 $30
Change -0.17% +12.85% +21.53% +30.21%
* 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 112222
Buy 111111
Hold 332111
Sell 111111
Strong Sell 000000
Total 666555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Sell
Maintains
$22$23
Sell Maintains $22$23 -0.17% May 28, 2024
Jefferies
Jefferies
Strong Buy
Upgrades
$23
Strong Buy Upgrades $23 -0.17% Apr 18, 2024
Jefferies
Jefferies
Hold
Maintains
$24$23
Hold Maintains $24$23 -0.17% Mar 7, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$28$30
Buy Maintains $28$30 +30.21% Dec 20, 2023
Wells Fargo
Wells Fargo
Sell
Maintains
$23$21
Sell Maintains $23$21 -8.85% Nov 13, 2023
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
315.17M266.65M373.32M802.00M823.00M845.57M879.74M912.05M928.73M
Revenue Growth
-11.01%-15.40%40.01%114.83%2.62%2.74%4.04%3.67%1.83%
EPS
-0.01-0.19-0.73-0.060.220.250.290.36-
EPS Growth
-----11.71%16.44%27.06%-
Forward PE
-----93.7580.5163.37-
No. Analysts -----6632
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 202420252026
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 202420252026
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.