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KRG

Kite Realty Group Trust
$
21.595
+0.425(+2.010%)
  • Overview
  • Forecast
  • Valuation
High
21.800
Open
21.460
VWAP
21.56
Vol
1.37M
Mkt Cap
4.75B
Low
21.320
Amount
29.56M
EV/EBITDA(TTM)
13.09
Total Shares
219.65M
EV
7.54B
EV/OCF(TTM)
18.00
P/S(TTM)
5.58
Kite Realty Group Trust is a real estate investment trust (REIT). The Company, through its subsidiary, Kite Realty Group, L.P., is engaged in the ownership, operation, acquisition, development and redevelopment of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in Sun Belt and various markets in the United States. The Company collects contractual rents and reimbursement payments from tenants under existing lease agreements at each of its properties. The Company owns interests in approximately 180 operating retail properties totaling approximately 28.1 million square feet and one office property with 0.3 million square feet. Of the 180 operating retail properties, 10 contain an office component. The Company also owns two development projects under construction as of this date. The Company’s subsidiary is Kite Realty Group, L.P.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q1
FY2025Q2
FY2025Q3
211.07M
+1.75%
--
--
212.23M
-0.1%
--
--
212.30M
+2.44%
--
--
Estimates Revision
The market is revising Downward the revenue expectations for Kite Realty Group Trust (KRG) for FY2025, with the revenue forecasts being adjusted by -0.89% over the past three months. During the same period, the stock price has changed by -6.27%.
Revenue Estimates for FY2025
Revise Downward
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-0.89%
In Past 3 Month
Stock Price
Go Down
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-6.27%
In Past 3 Month
9 Analyst Rating
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23.87% Upside
Wall Street analysts forecast KRG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KRG is 26.75 USD with a low forecast of 23.00 USD and a high forecast of 32.00  USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
6 Hold
0 Sell
Moderate Buy
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23.87% Upside
Current: 21.595
sliders
Low
23.00
Averages
26.75
High
32.00
Wells Fargo
Dori Kesten
Hold
Maintains
$26 → $24
2025-03-26
Reason
Wells Fargo lowered the firm's price target on Kite Realty to $24 from $26 and keeps an Equal Weight rating on the shares. The firm believes leasing demand remains strong. However, Wells expects Q1 calls to have a modestly more measured tone.
Raymond James
RJ Milligan
Strong Buy
Maintains
$31 → $28
2025-03-10
Reason
Raymond James lowered the firm's price target on Kite Realty to $28 from $31 and keeps a Strong Buy rating on the shares. The firm updated real estate investment trust shopping center models are updating to reflect the Q4 results and 2025 outlooks. It believes lower growth is already more than priced into Kite Realty shares.
Piper Sandler
Alexander Goldfarb
Buy
to
Hold
Downgrades
$33 → $25
2025-02-13
Reason
Piper Sandler downgraded Kite Realty to Neutral from Overweight with a price target of $25, down from $33. The company's earnings rebound will take longer than its shopping center peers, the analyst tells investors in a research note. Piper views the "outsized" retailer bankruptcy impact on Kite versus shopping center peers "more like an unlucky hand of cards, rather than a reflection of its portfolio quality, as its exposure was more than peers." It cites backfill headwinds for the downgrade.
Wells Fargo
Dori Kesten
Hold
Maintains
$28 → $26
2025-01-29
Reason
JP Morgan
Michael Mueller
Hold
Maintains
$30 → $27
2025-01-15
Reason
Baird
Wesley Golladay
Hold
Maintains
$26 → $29
2024-11-15
Reason
Baird raised the firm's price target on Kite Realty to $29 from $26 and keeps a Neutral rating on the shares. The firm said the best use of capital has been leasing as the company looked to backfill vacated space, and Baird still expects that to be the case for another few quarters.

Valuation Metrics

The current forward P/E ratio for Kite Realty Group Trust (KRG.N) is 55.08, compared to its 5-year average forward P/E of -3.09. For a more detailed relative valuation and DCF analysis to assess Kite Realty Group Trust 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-3.09
Current PE
55.08
Overvalued PE
310.92
Undervalued PE
-317.11

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average EV/EBITDA
13.66
Current EV/EBITDA
13.58
Overvalued EV/EBITDA
15.68
Undervalued EV/EBITDA
11.64

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PS
5.32
Current PS
5.51
Overvalued PS
6.47
Undervalued PS
4.17

Financials

Annual
Quarterly
FY2024Q4
YoY :
+7.21%
214.72M
Total Revenue
FY2024Q4
YoY :
+40.19%
49.31M
Operating Profit
FY2024Q4
YoY :
+178.80%
22.19M
Net Income after Tax
FY2024Q4
YoY :
+150.00%
0.10
EPS - Diluted
FY2024Q4
YoY :
+20.74%
71.95M
Free Cash Flow
FY2024Q4
YoY :
+18.45%
29.28
Gross Profit Margin - %
FY2024Q4
YoY :
+7.84%
33.03
FCF Margin - %
FY2024Q4
YoY :
+153.68%
10.35
Net Margin - %
FY2024Q4
YoY :
-15.35%
1.93
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
999.5K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
3.0M
Volume
1
6-9
Months
0.0
Volume
0
0-12
Months
2.9M
Volume
2
Bought
0-3
0
0.0
Volume
Months
3-6
5
4.0M
Volume
Months
6-9
0
0.0
Volume
Months
0-12
6
6.7M
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

KRG News & Events

Events Timeline

2025-02-11 (ET)
2025-02-11
15:25:32
Kite Realty reports Q4 core FFO 52c, consensus 53c
select
2024-10-30 (ET)
2024-10-30
16:55:33
Kite Realty sees FY24 FFO $2.06-$2.08, consensus $2.06
select
2024-10-30
16:54:39
Kite Realty reports Q3 FFO 51c , consensus 51c
select

News

6.5
04-04CNBC
Buy these cheap dividend-paying stocks with hot yields, says Bank of America
8.0
04-01NASDAQ.COM
Strategy To YieldBoost Kite Realty Group Trust To 34.7% Using Options
8.0
04-01NASDAQ.COM
Ex-Dividend Reminder: H World Group, Weibo and Kite Realty Group Trust
4.0
03-26Benzinga
Wells Fargo Maintains Equal-Weight on Kite Realty Gr Trust, Lowers Price Target to $24
9.5
03-19Newsfilter
Kite Realty Group to Report First Quarter 2025 Financial Results on April 29, 2025
4.0
03-11Yahoo Finance
Kite Realty price target lowered to $28 from $31 at Raymond James
4.0
02-13Benzinga
Piper Sandler Downgrades Kite Realty Gr Trust to Neutral, Lowers Price Target to $25
4.0
02-13Business Insider
Kite Realty downgraded to Neutral from Overweight at Piper Sandler
8.0
02-12SeekingAlpha
Kite Realty declares $0.27 dividend
9.5
02-11Newsfilter
Kite Realty Group Reports Fourth Quarter and Full Year 2024 Operating Results and Provides 2025 Guidance
9.5
02-11SeekingAlpha
Here are the major earnings after the close today
4.0
01-29Benzinga
Wells Fargo Maintains Equal-Weight on Kite Realty Gr Trust, Lowers Price Target to $26
2.0
01-09Newsfilter
Kite Realty Group to Report Fourth Quarter 2024 Financial Results on February 11, 2025
2.0
01-09NASDAQ.COM
Kite Realty Group to Announce Q4 2024 Financial Results on February 11, 2025
4.0
01-01Business Insider
Kite Realty downgraded to Hold from Buy at Jefferies
2.0
2024-12-18NASDAQ.COM
Kite Realty Group Trust Becomes Oversold (KRG)
7.5
2024-12-10Newsfilter
KITE REALTY GROUP PARTNERS WITH FIFTH WALL
8.0
2024-10-31SeekingAlpha
Kite Realty declares $0.27 dividend (NYSE:KRG)
9.5
2024-10-31NASDAQ.COM
Kite Realty Group (KRG) Q3 FFO Match Estimates
9.5
2024-10-22NASDAQ.COM
Retail Opportunity Investments (ROIC) Q3 FFO Lag Estimates

FAQ

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What is Kite Realty Group Trust (KRG) stock price today?

The current price of KRG is 21.595 USD — it has increased 2.01 % in the last trading day.

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