Kite Realty Group Trust Stock Forecast, Price & News NYSE:KRG

The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. According to 9 analysts, the average rating for KRG stock is « Buy. » The 12-month stock price forecast is $24.33, which is an increase of 17.42% from the latest price. Investing.com – Kite Realty reported on Wednesday third quarter erl-20539||earnings that beat analysts’ forecasts and revenue that topped expectations. Raymond James analyst RJ Milligan maintained a Buy rating on Kite Realty Group (KRG – Research Report) today and set a price target of $26.00. The company’s shares opened today at $21.60.Milligan covers the Financial secto… Kite Realty Group Trust updated its FY 2023 earnings guidance on Tuesday, February, 14th.

A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. KRG has a forward dividend yield of 4.63%.SeeKRG’s full dividends and stock split historyon the Dividend tab. The consensus price target hints at a 26.3% upside potential for Kite Realty Group . While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings … Kite Realty Group Trust reported Q3 EPS of ($0.04), $0.06 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $200.31 million versus the consensus estimate…

Kite https://1investing.in/ shares reverse split before market open on Tuesday, August 12th 2014. The 1-4 reverse split was announced on Tuesday, July 22nd 2014. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 11th 2014. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split. Get MarketBeat All Access Free for 30 DaysJoin thousands of other investors who make better investing decisions with our premium tools. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more.

Kite Realty Group Trust (KRG) Company Bio

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of KRG stock can currently be purchased for approximately $20.72.

The Company collects contractual rents and reimbursement payments from tenants under existing lease… Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust 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.

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.

Kite Realty Group Trust (KRG): Price and Financial Metrics

Kite Realty Group Trust’s KRG increased public offering of 10.5 million common shares priced at a 3.7% discount to Tuesday’s close. Shares were recently trading four cents lower at $5.36, compared with the offering’s price… Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an « uptick » in price and the value of trades made on a « downtick » in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

Growth is the dimension where KRG ranks best; there it ranks ahead of 81.23% of US stocks. There may be delays, omissions, or inaccuracies in the Information. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries.

Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders. Kite Realty Group Trust operates as a real estate investment trust. It engages in the ownership, operation, acquisition, development, and redevelopment of neighborhood and community shopping centers in selected markets in the United States. The company was founded on August 16, 2004 and is headquartered in Indianapolis, IN. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price.

Upcoming dividend of US$0.18 per share

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

The 10 qualities of a successful entrepreneur‘s average rating score is 2.80, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings. To see all exchange delays and terms of use, please see disclaimer. Of note is the ratio of KITE REALTY GROUP TRUST’s sales and general administrative expense to its total operating expenses; merely 4.01% of US stocks have a lower such ratio.

• 10 Wall Street equities research analysts have issued « buy, » « hold, » and « sell » ratings for Kite Realty Group Trust in the last twelve months.
• The monthly returns are then compounded to arrive at the annual return.
• Real-time analyst ratings, insider transactions, earnings data, and more.
• Investing.com – Kite Realty reported on Wednesday third quarter erl-20539

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Kite Realty Group Trust KRG (U.S.: NYSE)

The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

• © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
• Kite Realty Group Trust’s stock is owned by a variety of institutional and retail investors.
• News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.
• 3.54% of the outstanding shares of Kite Realty Group Trust have been sold short.

This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Sign-up to receive the latest news and ratings for Kite Realty Group Trust and its competitors with MarketBeat’s FREE daily newsletter. In the past three months, Kite Realty Group Trust insiders have not sold or bought any company stock.

MarketWatch

3.54% of the outstanding shares of Kite Realty Group Trust have been sold short. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. The 4 year net cashflow from operations growth rate now stands at -19.36%.

In comparison to the median Real Estate stock, KRG’s price/sales ratio is 34.15% higher, now standing at 5.5. Stocks with similar financial metrics, market capitalization, and price volatility to KITE REALTY GROUP TRUST are PEB, SBRA, INN, CEQP, and CSR. Revenue growth over the past 12 months for KITE REALTY GROUP TRUST comes in at 114.83%, a number that bests 94.02% of the US stocks we’re tracking. The technique has proven to be very useful for finding positive surprises. Maintaining independence and editorial freedom is essential to our mission of empowering investor success.

The consensus among Wall Street equities research analysts is that investors should « buy » KRG shares. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

Recent News

Real-time quotes, advanced visualizations, backtesting, and much more. In 2022, KRG’s revenue was $802.00 million, an increase of 114.83% compared to the previous year’s $373.32 million. The traditional retirement planning approaches no longer cover all expenses in nest egg years. Thankfully, there are alternative investments that provide steady, higher-rate income streams to repla… One share of KRKR stock can currently be purchased for approximately $0.98.

LONDON — Citigroup reshuffled its ratings on real estate investment trusts Monday, saying the sector enters 2010 with a backdrop that could support current elevated valuations, but that there remain clear lo… Intraday Data provided by FACTSET and subject to terms of use. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Kite Realty Group Trust saw a increase in short interest in the month of March.

Kite Realty Group Trust has only been the subject of 1 research reports in the past 90 days. Below are the latest news stories about KITE REALTY GROUP TRUST that investors may wish to consider to help them evaluate KRG as an investment opportunity. STOR, REG, and BEN are the stocks whose asset turnover ratios are most correlated with KRG. KRG’s price/sales ratio has moved down 3.3 over the prior 228 months. We have 9 different ratings for every stock to help you appreciate its future potential. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity.