Kite Realty Group Trust's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 42/196 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 25.82.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Kite Realty Group Trust's Score
Industry at a Glance
Industry Ranking
42 / 196
Overall Ranking
108 / 4582
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
13
analysts
Buy
Current Rating
25.818
Target Price
+16.51%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Kite Realty Group Trust Highlights
StrengthsRisks
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, grocery-anchored 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. It collects contractual rents and reimbursement payments from tenants under existing lease agreements at each of its properties. It owns interests in approximately 180 operating retail properties totaling approximately 27.8 million square feet and two office properties with 0.4 million square feet. Of the 180 operating retail properties, 10 contain an office component. It also owns one development project under construction. Its subsidiaries also include 3503 RP Carillon 1A Apartment, L.L.C., Brentwood Land Partners, LLC, Carmel Corner Holdings, LLC and Kite Eagle Creek, LLC, among others.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 5557.38%.
Fairly Valued
The company’s latest PE is 37.35, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 223.70M shares, decreasing 1.82% quarter-over-quarter.
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, grocery-anchored 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. It collects contractual rents and reimbursement payments from tenants under existing lease agreements at each of its properties. It owns interests in approximately 180 operating retail properties totaling approximately 27.8 million square feet and two office properties with 0.4 million square feet. Of the 180 operating retail properties, 10 contain an office component. It also owns one development project under construction. Its subsidiaries also include 3503 RP Carillon 1A Apartment, L.L.C., Brentwood Land Partners, LLC, Carmel Corner Holdings, LLC and Kite Eagle Creek, LLC, among others.
Ticker SymbolKRG
CompanyKite Realty Group Trust
CEOKite (John A)
Websitehttps://kiterealty.com/
FAQs
What is the current price of Kite Realty Group Trust (KRG)?
The current price of Kite Realty Group Trust (KRG) is 23.745.
What is the symbol of Kite Realty Group Trust?
The ticker symbol of Kite Realty Group Trust is KRG.
What is the 52-week high of Kite Realty Group Trust?
The 52-week high of Kite Realty Group Trust is 25.400.
What is the 52-week low of Kite Realty Group Trust?
The 52-week low of Kite Realty Group Trust is 18.515.
What is the market capitalization of Kite Realty Group Trust?
The market capitalization of Kite Realty Group Trust is 5.15B.
What is the net income of Kite Realty Group Trust?
The net income of Kite Realty Group Trust is 4.07M.
Is Kite Realty Group Trust (KRG) currently rated as Buy, Hold, or Sell?
According to analysts, Kite Realty Group Trust (KRG) has an overall rating of Buy, with a price target of 25.818.
What is the Earnings Per Share (EPS TTM) of Kite Realty Group Trust (KRG)?
The Earnings Per Share (EPS TTM) of Kite Realty Group Trust (KRG) is 0.636.