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KRG

Kite Realty Group Trust NYSE:KRG Stock Report

Last Price

US$16.91

Market Cap

US$3.8b

7D

-10.5%

1Y

-18.4%

Updated

27 Sep, 2022

Data

Company Financials +
KRG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends3/6

KRG Stock Overview

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences.

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$16.91
52 Week HighUS$23.35
52 Week LowUS$16.64
Beta1.31
1 Month Change-15.95%
3 Month Change-5.85%
1 Year Change-18.43%
3 Year Change6.02%
5 Year Change-16.37%
Change since IPO-67.48%

Recent News & Updates

Aug 10

Kite Realty declares $0.22 dividend

Kite Realty (NYSE:KRG) declares $0.22/share quarterly dividend, 4.8% increase from prior dividend of $0.21. Forward yield 4.23% Payable Oct. 14; for shareholders of record Oct. 7; ex-div Oct. 6. See KRG Dividend Scorecard, Yield Chart, & Dividend Growth.

Aug 02

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

Kite Realty press release (NYSE:KRG): Q2 FFO of $0.49 beats by $0.06. Revenue of $202.61M (+191.4% Y/Y) beats by $14.07M. The company is updating its 2022 guidance for FFO, as adjusted, to $1.80 to $1.86 per diluted share from $1.74 to $1.80 per diluted share vs. consensus of $1.77.

Shareholder Returns

KRGUS REITsUS Market
7D-10.5%-7.8%-5.8%
1Y-18.4%-20.4%-22.1%

Return vs Industry: KRG exceeded the US REITs industry which returned -19.7% over the past year.

Return vs Market: KRG exceeded the US Market which returned -23.7% over the past year.

Price Volatility

Is KRG's price volatile compared to industry and market?
KRG volatility
KRG Average Weekly Movement4.6%
REITs Industry Average Movement3.9%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: KRG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: KRG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968241John Kitehttps://www.kiterealty.com

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.

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$3.76b
Earnings (TTM)-US$108.81m
Revenue (TTM)US$631.41m

5.9x

P/S Ratio

-34.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KRG income statement (TTM)
RevenueUS$631.41m
Cost of RevenueUS$173.44m
Gross ProfitUS$457.98m
Other ExpensesUS$566.79m
Earnings-US$108.81m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.50
Gross Margin72.53%
Net Profit Margin-17.23%
Debt/Equity Ratio76.2%

How did KRG perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

49%

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 DateOct 06 2022
Dividend Pay DateOct 14 2022
Days until Ex dividend8 days
Days until Dividend pay date16 days

Does KRG pay a reliable dividends?

See KRG dividend history and benchmarks