Kite Realty Group Trust (NYSE:KRG - Get Free Report) will likely be releasing its earnings data after the market closes on Tuesday, February 11th. Analysts expect Kite Realty Group Trust to post earnings of $0.08 per share and revenue of $208.50 million for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Kite Realty Group Trust Stock Up 1.6 %
Shares of NYSE KRG traded up $0.38 during trading on Friday, hitting $23.57. 1,608,317 shares of the company traded hands, compared to its average volume of 1,883,989. The firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of -589.13, a P/E/G ratio of 3.62 and a beta of 1.27. The business's fifty day moving average is $24.67 and its 200 day moving average is $25.47. The company has a debt-to-equity ratio of 0.97, a quick ratio of 3.08 and a current ratio of 3.08. Kite Realty Group Trust has a fifty-two week low of $19.64 and a fifty-two week high of $28.24.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. KeyCorp upped their price target on Kite Realty Group Trust from $28.00 to $31.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. lowered their target price on Kite Realty Group Trust from $30.00 to $27.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 15th. Jefferies Financial Group downgraded shares of Kite Realty Group Trust from a "buy" rating to a "hold" rating and reduced their price target for the company from $31.00 to $27.00 in a research report on Thursday, January 2nd. Wells Fargo & Company lowered their price objective on shares of Kite Realty Group Trust from $28.00 to $26.00 and set an "equal weight" rating on the stock in a report on Wednesday, January 29th. Finally, Robert W. Baird lifted their price objective on shares of Kite Realty Group Trust from $26.00 to $29.00 and gave the company a "neutral" rating in a report on Friday, November 15th. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Kite Realty Group Trust presently has an average rating of "Moderate Buy" and an average price target of $29.13.
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About Kite Realty Group Trust
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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.
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