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Kite Realty Group Trust NYSE:KRG Stock Report

Last Price

US$21.44

Market Cap

US$4.8b

7D

2.2%

1Y

8.1%

Updated

27 Mar, 2024

Data

Company Financials +

KRG Stock Overview

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.

KRG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health2/6
Dividends4/6

Kite Realty Group Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kite Realty Group Trust
Historical stock prices
Current Share PriceUS$21.44
52 Week HighUS$24.26
52 Week LowUS$19.16
Beta1.3
1 Month Change2.93%
3 Month Change-7.75%
1 Year Change8.12%
3 Year Change11.15%
5 Year Change33.92%
Change since IPO-58.77%

Recent News & Updates

Recent updates

Kite Realty: The Yield Is Low, But There Is Potential Here

Feb 03

Kite Realty's Mark-To-Market Growth Is Not Priced In

Nov 28

Kite Realty: Why This REIT Is A Top Pick For Income Investors

Nov 20

Kite Realty: Get It While It's Hot

Sep 07

Kite Realty: Undervalued And Underappreciated

Jun 23

Kite Realty Q4 2022 Earnings Preview

Feb 12

Kite Realty: Quality Shopping Centers At A Discount

Jan 29

Kite Realty: An Overlooked REIT Set To Deliver

Dec 27

Kite Realty upgraded to Buy at BofA on leasing strength, Sunbelt exposure

Nov 09

Kite Realty: Market Is Overlooking Its Potential

Oct 14

Kite Realty declares $0.22 dividend

Aug 10

Kite Realty FFO of $0.49 beats by $0.06, revenue of $202.61M beats by $14.07M

Aug 02

Kite Realty Group Trust: A Sunbelt REIT With Attractive Upside

Jul 19

Kite Realty: Fly High With This Discounted REIT

Jun 24

Kite Realty Group: Post-Merger Value Assimilation In The Grocery Space

Mar 23

Kite And Retail Properties Of America - A Great Match

Sep 02

Kite Realty Group Trust: You Can Find Better

May 09

Increases to CEO Compensation Might Be Put On Hold For Now at Kite Realty Group Trust (NYSE:KRG)

May 06
Increases to CEO Compensation Might Be Put On Hold For Now at Kite Realty Group Trust (NYSE:KRG)

Shareholder Returns

KRGUS Retail REITsUS Market
7D2.2%0.7%0.4%
1Y8.1%9.4%28.8%

Return vs Industry: KRG matched the US Retail REITs industry which returned 8.7% over the past year.

Return vs Market: KRG underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is KRG's price volatile compared to industry and market?
KRG volatility
KRG Average Weekly Movement2.7%
Retail REITs Industry Average Movement2.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: KRG has not had significant price volatility in the past 3 months.

Volatility Over Time: KRG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971229John Kitehttps://www.kiterealty.com

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. 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.

Kite Realty Group Trust Fundamentals Summary

How do Kite Realty Group Trust's earnings and revenue compare to its market cap?
KRG fundamental statistics
Market capUS$4.78b
Earnings (TTM)US$47.50m
Revenue (TTM)US$823.00m

99.1x

P/E Ratio

5.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRG income statement (TTM)
RevenueUS$823.00m
Cost of RevenueUS$210.38m
Gross ProfitUS$612.62m
Other ExpensesUS$565.12m
EarningsUS$47.50m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)0.22
Gross Margin74.44%
Net Profit Margin5.77%
Debt/Equity Ratio77.9%

How did KRG perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

47%

Payout Ratio

Does KRG pay a reliable dividends?

See KRG dividend history and benchmarks
When do you need to buy KRG by to receive an upcoming dividend?
Kite Realty Group Trust dividend dates
Ex Dividend DateApr 04 2024
Dividend Pay DateApr 12 2024
Days until Ex dividend6 days
Days until Dividend pay date14 days

Does KRG pay a reliable dividends?

See KRG dividend history and benchmarks
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