KRG icon

Kite Realty

20.80 USD
-0.80
3.70%
At close Apr 4, 4:00 PM EDT
After hours
20.80
+0.00
0.00%
1 day
-3.70%
5 days
-6.52%
1 month
-8.65%
3 months
-15.03%
6 months
-19.78%
Year to date
-15.89%
1 year
1.71%
5 years
158.71%
10 years
-26.58%
 

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: 227

0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

90% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 30

56% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 95

5% more funds holding

Funds holding: 348 [Q3] → 366 (+18) [Q4]

1.55% more ownership

Funds ownership: 94.21% [Q3] → 95.76% (+1.55%) [Q4]

3% less capital invested

Capital invested by funds: $5.49B [Q3] → $5.3B (-$189M) [Q4]

20% less call options, than puts

Call options by funds: $56K | Put options by funds: $70K

25% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]

Research analyst outlook

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

Low target
$24
15%
upside
Avg. target
$26
25%
upside
High target
$28
35%
upside

4 analyst ratings

positive
25%
neutral
75%
negative
0%
Wells Fargo
Dori Kesten
38% 1-year accuracy
12 / 32 met price target
15%upside
$24
Equal-Weight
Maintained
26 Mar 2025
Raymond James
RJ Milligan
50% 1-year accuracy
12 / 24 met price target
35%upside
$28
Strong Buy
Maintained
10 Mar 2025
Piper Sandler
Alexander Goldfarb
38% 1-year accuracy
15 / 39 met price target
20%upside
$25
Neutral
Downgraded
13 Feb 2025
JP Morgan
Michael Mueller
67% 1-year accuracy
10 / 15 met price target
30%upside
$27
Neutral
Maintained
15 Jan 2025

Financial journalist opinion

Neutral
GlobeNewsWire
2 weeks ago
Kite Realty Group to Report First Quarter 2025 Financial Results on April 29, 2025
INDIANAPOLIS, March 19, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2025, after the market closes on Tuesday, April 29, 2025. KRG will conduct a conference call to discuss its financial results on Wednesday, April 30, 2025 at 1:00 p.m. Eastern Time.
Kite Realty Group to Report First Quarter 2025 Financial Results on April 29, 2025
Positive
Seeking Alpha
4 weeks ago
One REIT To Sell And One REIT To Buy
Retail REITs are in high demand. They enjoy steady rent growth due to undersupply. But not all retail REITs are equally attractive.
One REIT To Sell And One REIT To Buy
Neutral
GlobeNewsWire
1 month ago
Kite Realty Group to Present at the Citi 2025 Global Property CEO Conference
INDIANAPOLIS, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG) announced today that it will present at the Citi 2025 Global Property CEO Conference on Monday, March 3, 2025. The presentation information is as follows:
Kite Realty Group to Present at the Citi 2025 Global Property CEO Conference
Positive
Seeking Alpha
1 month ago
REITs Win As Weak Retailers Go Bankrupt
Retailer bankruptcies present opportunities for REITs due to high demand and low supply of shopping center space, leading to higher rents and better tenants. Leases are both liabilities and assets; bankruptcy allows REITs to re-lease space at higher market rates, enhancing revenue. Strong demand for retail space has shifted negotiations in favor of landlords, increasing occupancy and lease rates, and improving tenant quality.
REITs Win As Weak Retailers Go Bankrupt
Neutral
Seeking Alpha
1 month ago
Kite Realty Group Trust (KRG) Q4 2024 Earnings Call Transcript
Kite Realty Group Trust (NYSE:KRG ) Q4 2024 Earnings Conference Call February 12, 2025 1:00 PM ET Company Participants Bryan McCarthy - Senior Vice President, Corporate Marketing and Communications John Kite - Chairman and Chief Executive Officer Heath Fear - Executive Vice President and Chief Financial Officer Tom McGowan - President and Chief Operating Officer Conference Call Participants Todd Thomas - KeyBanc Capital Markets Craig Mailman - Citi Jeffrey Spector - Bank of America Securities Floris van Dijkum - Compass Point Paulina Rojas Schmidt - Green Street Alexander Goldfarb - Piper Sandler Michael Mueller - JPMorgan Linda Tsai - Jefferies Alec Feygin - Baird Operator Good day, and thank you for standing by. Welcome to the Fourth Quarter 2024 Kite Realty Group Earnings Conference Call.
Kite Realty Group Trust (KRG) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Kite Realty Group (KRG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Kite Realty Group (KRG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Kite Realty Group (KRG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Positive
Zacks Investment Research
1 month ago
Kite Realty Group (KRG) Q4 FFO Match Estimates
Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.53 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.50 per share a year ago.
Kite Realty Group (KRG) Q4 FFO Match Estimates
Neutral
GlobeNewsWire
1 month ago
Kite Realty Group Reports Fourth Quarter and Full Year 2024 Operating Results and Provides 2025 Guidance
INDIANAPOLIS, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2024. For the quarters ended December 31, 2024 and 2023, net income attributable to common shareholders was $21.8 million, or $0.10 per diluted share, compared to $8.0 million, or $0.04 per diluted share, respectively. For the years ended December 31, 2024 and 2023, net income attributable to common shareholders was $4.1 million, or $0.02 per diluted share, compared to $47.5 million, or $0.22 per diluted share, respectively. Net income for the year ended December 31, 2024 was driven by a $66.2 million impairment charge associated with an asset that remains classified as held for sale as of December 31, 2024. Excluding the impairment charge, net income for the year ended December 31, 2024 would have been $70.3 million, or $0.32 per diluted share.
Kite Realty Group Reports Fourth Quarter and Full Year 2024 Operating Results and Provides 2025 Guidance
Positive
Seeking Alpha
1 month ago
Kite Realty: Top-Tier REIT With A Superior Balance Sheet And Sunbelt Focus
Kite Realty has transformed post-2021 merger, boasting a strong balance sheet, impressive property portfolio, and attractive valuation, focusing on the high-growth Sunbelt region. The company's tenant diversification includes stable core retail and resilient restaurants, though some tenants are vulnerable to economic downturns and e-commerce competition. Occupancy rates are stable at around 95%, with a significant FFO recovery post-pandemic, and a current dividend yield of 4.73% with a low payout ratio.
Kite Realty: Top-Tier REIT With A Superior Balance Sheet And Sunbelt Focus
Neutral
GlobeNewsWire
2 months ago
Kite Realty Group Announces Tax Reporting Information for 2024 Dividend Distributions
INDIANAPOLIS, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG) announced today the allocations of the Company's 2024 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:
Kite Realty Group Announces Tax Reporting Information for 2024 Dividend Distributions
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