Kite Realty Group Trust/$KRG

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About Kite Realty Group Trust

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.

Ticker

$KRG

Primary listing

NYSE

Industry

Retail REITs

Employees

227

ISIN

US49803T3005

KRG Metrics

BasicAdvanced
$5B
364.00
$0.06
1.11
$1.05
4.78%

Bulls say / Bears say

Kite Realty Group Trust achieved record leasing volumes in 2024, leasing approximately 5.0 million square feet with a 12.8% comparable blended cash leasing spread, indicating strong demand for their properties. (quiverquant.com)
The company increased its annualized base rent per square foot to $21.15, a 2.2% year-over-year rise, reflecting effective rent growth strategies. (gurufocus.com)
Kite Realty Group Trust declared a first-quarter 2025 dividend of $0.27 per common share, an 8.0% increase year-over-year, demonstrating confidence in its financial stability and commitment to shareholder returns. (gurufocus.com)
A significant impairment charge of $66.2 million in 2024 led to a sharp decline in annual net income to $4.1 million from $47.5 million in 2023, raising concerns about asset valuation and profitability. (quiverquant.com)
Interest expenses increased by 19% to $126 million in 2024, driven by recent debt issuances, which could pressure future earnings and cash flow. (panabee.com)
Analysts have lowered their price targets for Kite Realty Group Trust, with JPMorgan Chase & Co. reducing their target from $30.00 to $27.00 and setting a 'neutral' rating, indicating tempered expectations for stock performance. (marketbeat.com)
Data summarised monthly by Lightyear AI. Last updated on 7 Jun 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Upcoming events

Jul9
Kite Realty Group Trust
Dividend·Ex-dividend
Jul16
Kite Realty Group Trust
Dividend·Payment
$0.27Per share
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