Kite Realty Group Trust (KRG)

NYSE: KRG · IEX Real-Time Price · USD
21.83
+0.39 (1.82%)
Mar 28, 2024, 10:31 AM EDT - Market open

Total Valuation

KRG has a market cap or net worth of $4.78 billion. The enterprise value is $7.57 billion.

Market Cap 4.78B
Enterprise Value 7.57B

Important Dates

The next confirmed earnings date is Tuesday, April 30, 2024, after market close.

Earnings Date Apr 30, 2024
Ex-Dividend Date Apr 4, 2024

Share Statistics

KRG has 219.45 million shares outstanding. The number of shares has increased by 0.30% in one year.

Shares Outstanding 219.45M
Shares Change (YoY) +0.30%
Shares Change (QoQ) -0.22%
Owned by Insiders (%) 0.83%
Owned by Institutions (%) 95.70%
Float 217.49M

Valuation Ratios

The trailing PE ratio is 97.45 and the forward PE ratio is 121.30.

PE Ratio 97.45
Forward PE 121.30
PS Ratio 5.81
Forward PS 5.68
PB Ratio 1.34
P/FCF Ratio 15.19
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.97, with an EV/FCF ratio of 24.05.

EV / Earnings 159.33
EV / Sales 9.20
EV / EBITDA 12.97
EV / EBIT 49.34
EV / FCF 24.05

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.79
Debt / EBITDA 4.85
Debt / FCF 8.99
Interest Coverage 1.46

Financial Efficiency

Return on equity (ROE) is 1.30% and return on invested capital (ROIC) is 2.35%.

Return on Equity (ROE) 1.30%
Return on Assets (ROA) 0.70%
Return on Capital (ROIC) 2.35%
Revenue Per Employee $3.59M
Profits Per Employee $207,415
Employee Count 229
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, KRG has paid $533,000 in taxes.

Income Tax 533,000
Effective Tax Rate 1.11%

Stock Price Statistics

The stock price has increased by +10.12% in the last 52 weeks. The beta is 1.30, so KRG's price volatility has been higher than the market average.

Beta (1Y) 1.30
52-Week Price Change +10.12%
50-Day Moving Average 21.35
200-Day Moving Average 21.81
Relative Strength Index (RSI) 55.04
Average Volume (30 Days) 1,931,778

Short Selling Information

The latest short interest is 5.72 million, so 2.61% of the outstanding shares have been sold short.

Short Interest 5.72M
Short Previous Month 5.42M
Short % of Shares Out 2.61%
Short % of Float 2.63%
Short Ratio (days to cover) 2.65

Income Statement

In the last 12 months, KRG had revenue of $823.00 million and earned $47.50 million in profits. Earnings per share was $0.22.

Revenue 823.00M
Gross Profit 612.62M
Operating Income 152.24M
Pretax Income 48.03M
Net Income 47.50M
EBITDA 583.35M
EBIT 153.38M
Earnings Per Share (EPS) $0.22
Full Income Statement

Balance Sheet

The company has $41.43 million in cash and $2.83 billion in debt, giving a net cash position of -$2.79 billion or -$12.70 per share.

Cash & Cash Equivalents 41.43M
Total Debt 2.83B
Net Cash -2.79B
Net Cash Per Share -$12.70
Equity / Book Value 3.57B
Book Value Per Share 16.26
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $394.65 million and capital expenditures -$80.00 million, giving a free cash flow of $314.65 million.

Operating Cash Flow 394.65M
Capital Expenditures -80.00M
Free Cash Flow 314.65M
FCF Per Share $1.43
Full Cash Flow Statement

Margins

Gross margin is 74.44%, with operating and profit margins of 18.50% and 5.77%.

Gross Margin 74.44%
Operating Margin 18.50%
Pretax Margin 5.84%
Profit Margin 5.77%
EBITDA Margin 70.88%
EBIT Margin 18.64%
FCF Margin 38.23%

Dividends & Yields

This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 4.58%.

Dividend Per Share $1.00
Dividend Yield 4.58%
Dividend Growth (YoY) 7.69%
Years of Dividend Growth 3
Payout Ratio 454.55%
Buyback Yield -0.30%
Shareholder Yield 4.37%
Earnings Yield 0.99%
FCF Yield 6.58%
Dividend Details

Analyst Forecast

The average price target for KRG is $25.00, which is 14.52% higher than the current price. The consensus rating is "Hold".

Price Target $25.00
Price Target Difference 14.52%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 12, 2014. It was a reverse split with a ratio of 1:4.

Last Split Date Aug 12, 2014
Split Type Reverse
Split Ratio 1:4

Scores

Altman Z-Score n/a
Piotroski F-Score 6