Top-Rated Dividend StocksTop-Rated DividendNYSE:KRG Kite Realty Group Trust (KRG) Stock Price, News & Analysis $26.54 -0.22 (-0.82%) (As of 09/19/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Kite Realty Group Trust alerts: Email Address About Kite Realty Group Trust Stock (NYSE:KRG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get KRG alerts:Sign Up Key Stats Today's Range$26.29▼$27.0050-Day Range$23.04▼$26.8352-Week Range$19.64▼$27.15Volume1.86 million shsAverage Volume1.60 million shsMarket Capitalization$5.83 billionP/E Ratio102.08Dividend Yield3.92%Price Target$28.00Consensus RatingModerate Buy Company OverviewKite 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. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of December 31, 2023, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.1 million square feet of gross leasable space.Read More… Imminent FDA Decision Could End Obesity in America... (Ad)This drug could end obesity in America... ...and spark a 224,000% sales surge for one tiny micro-cap stock. Channelnomics says it "Could have a greater impact on the world than artificial intelligence."Get the name of this stock here >>> Kite Realty Group Trust Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 81st PercentileKite Realty Group Trust scored higher than 81% of companies evaluated by MarketBeat, and ranked 278th out of 908 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingKite Realty Group Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageKite Realty Group Trust has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Kite Realty Group Trust's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth3.40% Earnings GrowthEarnings for Kite Realty Group Trust are expected to grow by 3.40% in the coming year, from $2.06 to $2.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kite Realty Group Trust is 102.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Kite Realty Group Trust is 102.08, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 47.37.Price to Earnings Growth RatioKite Realty Group Trust has a PEG Ratio of 3.97. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKite Realty Group Trust has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Kite Realty Group Trust's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.91% of the outstanding shares of Kite Realty Group Trust have been sold short.Short Interest Ratio / Days to CoverKite Realty Group Trust has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Kite Realty Group Trust has recently increased by 3.90%, indicating that investor sentiment is decreasing. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipKite Realty Group Trust is a leading dividend payer. It pays a dividend yield of 3.73%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKite Realty Group Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kite Realty Group Trust is 400.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 48.83% next year. This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend.Read more about Kite Realty Group Trust's dividend. Sustainability and ESG1.6 / 5Environmental Score-2.29 Percentage of Shares Shorted2.91% of the outstanding shares of Kite Realty Group Trust have been sold short.Short Interest Ratio / Days to CoverKite Realty Group Trust has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Kite Realty Group Trust has recently increased by 3.90%, indicating that investor sentiment is decreasing. News and Social Media2.8 / 5News Sentiment1.06 News SentimentKite Realty Group Trust has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Kite Realty Group Trust this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for KRG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Kite Realty Group Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Kite Realty Group Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $999,506.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Kite Realty Group Trust is held by insiders.Percentage Held by Institutions90.81% of the stock of Kite Realty Group Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Kite Realty Group Trust's insider trading history. Receive KRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kite Realty Group Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address KRG Stock News HeadlinesInsider Selling: Kite Realty Group Trust (NYSE:KRG) Director Sells 37,295 Shares of StockSeptember 19 at 8:26 AM | insidertrades.comKite Realty Group Trust (NYSE:KRG) Receives Consensus Recommendation of "Moderate Buy" from AnalystsSeptember 16 at 4:11 AM | americanbankingnews.com“Buffett Indicator” Predicts 62% Stock Market CrashThe last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.September 19, 2024 | Behind the Markets (Ad)5 years later: Why Risk Strategies’ acquisition of Kansas City-based Thomas McGee Group is paying offSeptember 16 at 3:51 AM | bizjournals.comCitigroup Upgrades Federal Realty Investment Trust - Preferred Stock (FRT.PRC)September 14, 2024 | msn.comKite Realty Group to Present at the BofA Securities 2024 Global Real Estate ConferenceSeptember 6, 2024 | globenewswire.comKite Realty Group (KRG) Gets a Buy from Compass PointSeptember 5, 2024 | markets.businessinsider.comWells Fargo Upgrades Kite Realty Group Trust (KRG)August 29, 2024 | msn.comSee More Headlines KRG Stock Analysis - Frequently Asked Questions How have KRG shares performed this year? Kite Realty Group Trust's stock was trading at $22.86 on January 1st, 2024. Since then, KRG shares have increased by 16.1% and is now trading at $26.54. View the best growth stocks for 2024 here. How were Kite Realty Group Trust's earnings last quarter? Kite Realty Group Trust (NYSE:KRG) issued its quarterly earnings results on Monday, February, 13th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.46 by $0.52. The real estate investment trust had revenue of $204.69 million for the quarter, compared to the consensus estimate of $200 million. Kite Realty Group Trust had a negative net margin of 2.95% and a negative trailing twelve-month return on equity of 0.69%. When did Kite Realty Group Trust's stock split? Shares of Kite Realty Group Trust reverse split on the morning of Tuesday, August 12th 2014. The 1-4 reverse split was announced on Tuesday, July 22nd 2014. The number of shares owned by shareholders was adjusted after the market closes on Monday, August 11th 2014. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split. Who are Kite Realty Group Trust's major shareholders? Kite Realty Group Trust's top institutional shareholders include Dimensional Fund Advisors LP (1.49%), Millennium Management LLC (1.17%), Bank of New York Mellon Corp (1.00%) and American Century Companies Inc. (0.95%). Insiders that own company stock include Steven P Grimes, John A Kite, Charles H Wurtzebach and Gerald M Gorski. View institutional ownership trends. How do I buy shares of Kite Realty Group Trust? Shares of KRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Kite Realty Group Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that Kite Realty Group Trust investors own include New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Innovative Industrial Properties (IIPR), AT&T (T), Brixmor Property Group (BRX), Energy Transfer (ET) and Medical Properties Trust (MPW). Company Calendar Last Earnings2/13/2023Ex-Dividend for 7/16 Dividend7/09/2024Dividend Payable7/16/2024Today9/19/2024Ex-Dividend for 10/16 Dividend10/09/2024Dividend Payable10/16/2024Next Earnings (Estimated)11/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:KRG CUSIP49803T10 CIK1286043 Webwww.kiterealty.com Phone(317) 577-5600Fax317-557-5605Employees229Year FoundedN/APrice Target and Rating Average Stock Price Target$28.00 High Stock Price Target$33.00 Low Stock Price Target$23.00 Potential Upside/Downside+6.1%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.26 Trailing P/E Ratio101.50 Forward P/E Ratio12.81 P/E Growth3.97Net Income$47.50 million Net Margins-2.95% Pretax Margin-4.21% Return on Equity-0.69% Return on Assets-0.35% Debt Debt-to-Equity Ratio0.88 Current Ratio2.08 Quick Ratio2.08 Sales & Book Value Annual Sales$827.37 million Price / Sales7.00 Cash Flow$2.09 per share Price / Cash Flow12.63 Book Value$16.27 per share Price / Book1.62Miscellaneous Outstanding Shares219,604,000Free Float215,212,000Market Cap$5.80 billion OptionableOptionable Beta1.29 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? 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