Kite Realty Group Trust (NYSE:KRG) Releases FY 2025 Earnings Guidance

Kite Realty Group Trust (NYSE:KRG - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.020-2.080 for the period, compared to the consensus EPS estimate of 2.100. The company issued revenue guidance of -.

Kite Realty Group Trust Stock Down 3.6 %

Shares of Kite Realty Group Trust stock traded down $0.85 during trading on Friday, reaching $22.40. The company's stock had a trading volume of 3,816,868 shares, compared to its average volume of 1,896,697. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.97. The company has a market cap of $4.92 billion, a price-to-earnings ratio of -559.88, a P/E/G ratio of 3.63 and a beta of 1.27. Kite Realty Group Trust has a 1-year low of $19.64 and a 1-year high of $28.24. The company has a 50-day simple moving average of $24.20 and a two-hundred day simple moving average of $25.44.

Kite Realty Group Trust (NYSE:KRG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.45. Kite Realty Group Trust had a negative return on equity of 0.28% and a negative net margin of 1.18%. As a group, equities analysts forecast that Kite Realty Group Trust will post 2.06 earnings per share for the current year.

Kite Realty Group Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 16th. Investors of record on Wednesday, April 9th will be paid a $0.27 dividend. The ex-dividend date is Wednesday, April 9th. This represents a $1.08 dividend on an annualized basis and a yield of 4.82%. Kite Realty Group Trust's dividend payout ratio (DPR) is -2,700.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on KRG shares. Piper Sandler restated a "neutral" rating and issued a $25.00 target price (down previously from $33.00) on shares of Kite Realty Group Trust in a research note on Thursday. KeyCorp raised their target price 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. Wells Fargo & Company reduced their target price on Kite Realty Group Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 29th. Jefferies Financial Group lowered Kite Realty Group Trust from a "buy" rating to a "hold" rating and reduced their target price for the stock from $31.00 to $27.00 in a research note on Thursday, January 2nd. Finally, Robert W. Baird lifted their price objective on Kite Realty Group Trust from $26.00 to $29.00 and gave the company a "neutral" rating in a research note on Friday, November 15th. Six investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $28.13.

Kite Realty Group Trust Company Profile

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.