Kite Realty
KRG
Market cap $5.69B

25.90 USD

-0.54

2.04%

At close Oct 21, 4:00 PM EDT

After hours

25.90

+0.00

0.00%

1 day

-2.04%

5 days

0.97%

1 month

-2.56%

3 months

7.96%

6 months

21.31%

Year to date

12.76%

1 year

28.86%

5 years

50.76%

About: Kite Realty Group Trust specializes in owning, operating, acquiring, developing, and redeveloping high-quality open-air shopping centers and mixed-use assets. The company generates the majority of its revenue from contractual rents and reimbursement payments received from tenants.

Employees: 229

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 5 (+3) [Q2]

19% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 113

17% more call options, than puts

Call options by funds: $846K | Put options by funds: $725K

14% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 37

1% more funds holding

Funds holding: 336 [Q1] → 341 (+5) [Q2]

3% more capital invested

Capital invested by funds: $4.31B [Q1] → $4.45B (+$133M) [Q2]

0.19% less ownership

Funds ownership: 90.66% [Q1] → 90.48% (-0.19%) [Q2]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$26

0%

upside

Avg. target

$29

11%

upside

High target

$33

27%

upside

6 analyst ratings

4 positive

67%

2 neutral

33%

0 negative

0%

Compass Point Floris Van Dijkum 93% 1-year accuracy 13 / 14 met price target	24%upside $32	Buy Maintained	4 Sept 2024
Piper Sandler Alexander Goldfarb 65% 1-year accuracy 24 / 37 met price target	27%upside $33	Overweight Maintained	3 Sept 2024
Wells Fargo Dori Kesten 57% 1-year accuracy 16 / 28 met price target	0%upside $26	Equal-Weight Upgraded	28 Aug 2024
Keybanc Todd Thomas 62% 1-year accuracy 8 / 13 met price target	8%upside $28	Overweight Maintained	20 Aug 2024
Raymond James RJ Milligan 84% 1-year accuracy 16 / 19 met price target	8%upside $28	Outperform Upgraded	16 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about KRG published over the past 30 days

Zacks Investment Research

Why Kite Realty Group (KRG) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kite Realty Group (KRG) have what it takes?

Why Kite Realty Group (KRG) is a Top Dividend Stock for Your Portfolio

Rate Cut Rethink

U.S. equity markets extended gains to a fifth-straight week despite a continued upswell in benchmark interest rates, as investors weighed a solid start to earnings season against lukewarm inflation data. All eyes were on the Consumer Price Index report, which posted a fractional upside surprise in September for a second-straight month, which followed four straight months of cooler-than-expected reports. Bond markets remained under pressure as buoyant labor market data last week and lukewarm inflation data this week has prompted investors to re-think the prospects of aggressive Fed rate cuts.

Rate Cut Rethink

Kite Realty Group Recasts Its $1.1 Billion Unsecured Revolving Credit Facility and Amends Its $250 Million Term Loan Facility

INDIANAPOLIS, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) (the “Company”), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, announced today that, on October 3, 2024, it closed on an amended $1.1 billion unsecured revolving credit facility (the “Revolving Credit Facility”) and an amended $250 million unsecured term loan facility (the “Term Loan Facility”).

Kite Realty Group Recasts Its $1.1 Billion Unsecured Revolving Credit Facility and Amends Its $250 Million Term Loan Facility

Kite Realty Group to Report Third Quarter 2024 Financial Results on October 30, 2024

INDIANAPOLIS, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending September 30, 2024, after the market closes on Wednesday, October 30, 2024. KRG will conduct a conference call to discuss its financial results on Thursday, October 31, 2024 at 11:00 a.m. Eastern Time.

Kite Realty Group to Report Third Quarter 2024 Financial Results on October 30, 2024

If I Was Retiring In 10-20 Years With 10 REITs - Part 3

The Federal Reserve is expected to cut interest rates, benefiting REITs, which have shown strong performance and offer attractive investment opportunities for long-term growth. NETSTREIT, Kite Realty, VICI Properties, and Plymouth Industrial are recommended buys due to their strong fundamentals, high-quality tenants, and solid balance sheets. REITs offer reliable dividends and potential for compounding returns, making them ideal for investors with 10–20 years until retirement.

If I Was Retiring In 10-20 Years With 10 REITs - Part 3

Shopping Center REITs Are Hot: Pick A Winner

The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.

Shopping Center REITs Are Hot: Pick A Winner

Kite Realty Group to Present at the BofA Securities 2024 Global Real Estate Conference

INDIANAPOLIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at the 2024 BofA Securities Global Real Estate Conference on Wednesday, September 11, 2024, at 10:20am ET. The presentation information is as follows:

Kite Realty Group to Present at the BofA Securities 2024 Global Real Estate Conference

3 'Strong Buy' REITs With A Wide Margin Of Safety

The "Margin of Safety" concept is crucial for investors, providing a buffer in price to increase chances of profits. REITs like Cousins Properties and Kite Realty Group offer strong investment opportunities in the office and shopping center sectors. The "Margin of Safety" concept is not foolproof, yet I consider it one of the most important methods for helping investors separate the wheat from the chaff.

3 'Strong Buy' REITs With A Wide Margin Of Safety

REIT Fantasy Football: 11 Companies To Start Your Team

Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio.

REIT Fantasy Football: 11 Companies To Start Your Team

Office REITs find an open door in the bond market

Top owners of high-quality office properties were among a batch of public real-estate investment trusts that raised nearly $2.5 billion in debt and equity in the past week.

Office REITs find an open door in the bond market

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