KRG - Kite Realty Group Trust Stock Price, Fair Value and News

20.98USD-0.11 (-0.52%)Market Closed

Market Summary

USD20.98-0.11

Market Closed

-0.52%

KRG Stock Price

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KRG RSI Chart

KRG Valuation

Market Cap

4.6B

Price/Earnings (Trailing)

82.4

Price/Sales (Trailing)

203.85

Price/Free Cashflow

11.98

KRG Price/Sales (Trailing)

KRG Profitability

Return on Equity

1.58%

Return on Assets

0.78%

Free Cashflow Yield

8.35%

KRG Fundamentals

KRG Revenue

Revenue (TTM)

22.6M

Rev. Growth (Yr)

2.15%

Rev. Growth (Qtr)

-0.21%

KRG Earnings

Earnings (TTM)

55.9M

Earnings Growth (Yr)

162.59%

Earnings Growth (Qtr)

85.56%

Breaking Down KRG Revenue

Last 7 days

-0.3%

Last 30 days

3.9%

Last 90 days

-2.4%

Trailing 12 Months

2.8%

How does KRG drawdown profile look like?

KRG Financial Health

Debt/Equity

0.9

Debt/Cashflow

0.12

KRG Investor Care

Dividend Yield

3.89%

Dividend/Share (TTM)

0.84

Shares Dilution (1Y)

0.13%

Diluted EPS (TTM)

0.26

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	26.0M	24.8M	23.7M	22.6M
2022	30.2M	29.1M	28.1M	27.1M
2021	257.1M	263.4M	269.8M	31.2M
2020	301.6M	283.4M	273.5M	257.7M
2019	347.9M	337.7M	326.9M	315.2M
2018	358.5M	357.6M	356.2M	354.2M
2017	355.7M	360.8M	358.8M	358.8M
2016	348.7M	352.6M	354.5M	354.1M
2015	303.7M	346.6M	345.2M	347.0M
2014	141.1M	152.0M	208.1M	259.5M
2013	103.7M	109.5M	117.7M	129.5M
2012	91.0M	90.8M	91.6M	97.5M
2011	92.7M	92.3M	90.6M	90.0M
2010	0	108.3M	101.4M	94.5M
2009	0	0	0	115.3M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Kite Realty Group Trust

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	coleman victor j	acquired	-	-	547	-
Feb 26, 2024	wurtzebach charles h	sold	-164,247	21.06	-7,799	-
Jan 02, 2024	coleman victor j	acquired	-	-	519	-
Dec 14, 2023	grimes steven p	sold	-509,550	23.7	-21,500	-
Dec 01, 2023	kite john a	acquired	-	-	60,000	chairman & ceo
Dec 01, 2023	kite john a	sold	-1,314,600	21.91	-60,000	chairman & ceo
Oct 02, 2023	coleman victor j	acquired	-	-	554	-
Jul 03, 2023	coleman victor j	acquired	-	-	531	-
Jun 15, 2023	wurtzebach charles h	sold	-5,383	21.11	-255	-
May 10, 2023	wurtzebach charles h	acquired	-	-	6,308	-

Which funds bought or sold KRG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	Y-Intercept (Hong Kong) Ltd	reduced	-11.9	-302,127	1,535,290	0.12%
May 10, 2024	JPMORGAN CHASE & CO	added	25.62	34,209,400	212,989,000	0.02%
May 10, 2024	LPL Financial LLC	added	11.13	107,010	2,091,010	-%
May 10, 2024	VANGUARD GROUP INC	added	2.69	-19,493,800	728,391,000	0.01%
May 10, 2024	TCW GROUP INC	added	6.18	5,992	868,111	0.01%
May 10, 2024	BlackRock Inc.	added	1.19	-31,449,300	748,321,000	0.02%
May 10, 2024	CIBC Private Wealth Group, LLC	added	7.5	-953	267,058	-%
May 10, 2024	Covestor Ltd	added	203	46,000	70,000	0.04%
May 10, 2024	Greenland Capital Management LP	added	473	4,059,400	4,973,800	0.55%
May 10, 2024	NICOLA WEALTH MANAGEMENT LTD.	reduced	-40.82	-522,965	706,496	0.07%

Are Funds Buying or Selling KRG?

Are funds buying KRG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own KRG

No. of Funds

Unveiling Kite Realty Group Trust's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	14.91%	32,715,871	SC 13G/A
Jan 30, 2024	state street corp	6.17%	13,528,260	SC 13G/A
Jan 22, 2024	blackrock inc.	15.5%	34,109,773	SC 13G/A
Nov 08, 2023	jpmorgan chase & co	3.8%	8,464,834	SC 13G/A
Feb 09, 2023	vanguard group inc	14.66%	32,115,662	SC 13G/A
Feb 03, 2023	state street corp	6.13%	13,420,512	SC 13G/A
Jan 26, 2023	blackrock inc.	14.0%	30,712,023	SC 13G/A
Jan 20, 2023	blackrock inc.	14.0%	30,712,023	SC 13G/A
Jan 11, 2023	jpmorgan chase & co	6.9%	15,170,251	SC 13G
Feb 14, 2022	macquarie group ltd	2.93%	6,425,026	SC 13G/A

Recent SEC filings of Kite Realty Group Trust

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Apr 16, 2024	DEFA14A	DEFA14A
Apr 16, 2024	DEF 14A	DEF 14A
Apr 16, 2024	ARS	ARS
Apr 02, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 26, 2024	144	Notice of Insider Sale Intent
Feb 21, 2024	4	Insider Trading

Peers (Alternatives to Kite Realty Group Trust)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	86.4B	11.2B	3.28%	-7.59%	43.79	7.71	3.63%	50.79%
CCI	43.5B	6.8B	3.45%	-14.26%	31.18	6.35	-2.39%	-16.60%
AVB	28.0B	2.8B	7.19%	9.33%	29.32	9.98	5.72%	-6.47%
ARE	21.1B	3.0B	-0.89%	1.08%	107.56	7.15	10.44%	-73.79%
AMH	13.2B	-	1.07%	2.60%	31.17	8.11	8.93%	11.87%
REG	11.0B	1.4B	2.24%	2.17%	29.57	8.08	10.48%	-2.93%
BXP	9.9B	3.3B	3.53%	29.60%	51.27	2.98	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	2.74%	12.10%	35.66	7.39	5.48%	-38.69%
SLG	3.4B	892.3M	3.59%	153.70%	-6.72	3.85	-5.33%	-307.54%
MAC	3.3B	878.0M	-3.54%	65.00%	-9.78	3.81	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	7.22%	18.58%	19.75	3.05	3.54%	8.91%
AIV	1.2B	198.2M	0.25%	-4.47%	-7.42	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	0.56%	5.89%	35.97	1.69	27.93%	140.31%
NYMT	561.1M	285.4M	-11.89%	-36.73%	-4.07	1.97	11.05%	83.70%
IVR	451.1M	277.2M	9.09%	-13.40%	-55.02	1.63	25.89%	94.64%

Kite Realty Group Trust News

Latest updates

Kite Realty Group Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.2%	207	208	208	209	203	114	25.00	203	191	131	71.00	70.00	69.00	59.00	65.00	63.00	70.00	75.00	75.00	81.00	84.00
Costs and Expenses	1.6%	168	165	174	178	176	179	182	188	189	244	67.00	57.00	58.00	63.00	60.00	56.00	58.00	-	-	-	-
Operating Expenses	9.0%	28.00	26.00	28.00	27.00	27.00	30.00	26.00	26.00	26.00	25.00	10.00	10.00	-	-132	60.00	56.00	58.00	59.00	68.00	88.00	67.00
S&GA Expenses	-100.0%	-	14.00	14.00	14.00	13.00	13.00	15.00	14.00	13.00	10.00	8.00	8.00	7.00	11.00	6.00	7.00	7.00	8.00	7.00	7.00	7.00
Interest Expenses	11.5%	30.00	27.00	25.00	27.00	25.00	27.00	26.00	26.00	26.00	23.00	13.00	12.00	12.00	12.00	13.00	13.00	12.00	12.00	14.00	16.00	16.00
Income Taxes	-64.8%	0.00	0.00	0.00	0.00	-0.03	0.00	-	-0.19	-0.07	0.00	-0.09	-0.10	-0.12	-0.20	-0.19	-0.20	-0.10	-0.09	-0.04	-0.07	-0.08
Net Income	85.6%	14.00	8.00	2.00	32.00	5.00	-1.33	-7.84	13.00	-16.80	-98.71	-6.96	-0.24	25.00	-6.79	-4.59	-4.77	-0.07	16.00	-19.73	-1.80	6.00
Net Income Margin	18.6%	2.47*	2.09*	1.61*	1.14*	0.36*	-0.47*	-3.92*	-3.75*	-4.07*	-2.61*	0.04*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	-48.2%	54.00	103	95.00	101	48.00	101	92.00	89.00	34.00	-19.15	21.00	20.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.8%	7,204	6,944	7,052	7,165	7,197	7,342	7,400	7,385	7,574	7,640	2,709	2,719	2,755	2,609	2,658	2,812	2,937	2,649	2,714	2,936	3,203
Cash Equivalents	144.3%	89.00	36.00	52.00	129	44.00	116	97.00	99.00	82.00	93.00	104	94.00	233	47.00	137	252	366	53.00	50.00	60.00	52.00
Liabilities	9.0%	3,598	3,300	3,348	3,406	3,428	3,516	3,465	3,431	3,610	3,657	1,456	1,448	1,471	1,334	1,371	1,518	1,639	1,307	1,366	1,538	1,769
Long Term Debt	12.0%	3,168	2,829	2,869	2,938	2,973	3,010	3,013	3,001	3,179	3,151	1,289	1,289	1,315	1,171	1,196	1,346	1,446	1,147	1,199	1,377	1,603
Shareholder's Equity	-1.0%	3,531	3,568	3,635	3,693	3,706	3,767	3,873	3,891	3,899	3,922	1,199	1,213	1,232	1,231	1,242	1,248	1,253	1,289	1,302	1,353	1,387
Retained Earnings	-3.0%	-1,413	-1,373	-1,326	-1,275	-1,255	-1,207	-1,105	-1,051	-1,021	-962	-849	-827	-812	-824	-810	-801	-797	-769	-758	-712	-683
Additional Paid-In Capital	0.0%	4,888	4,887	4,891	4,895	4,896	4,898	4,904	4,901	4,895	4,899	2,070	2,064	2,068	2,085	2,085	2,083	2,081	2,074	2,080	2,080	2,078
Shares Outstanding	0.1%	220	219	219	219	219	219	219	219	219	111	84.00	84.00	-	-	-	-	-	-	-	-	-
Minority Interest	-22.8%	2.00	2.00	2.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Float	-	-	-	-	4,900	-	-	-	3,800	-	-	-	1,800	-	-	-	1,000	-	-	-	1,300	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-48.2%	53,581	103,471	110,752	116,822	63,603	116,854	108,107	104,739	49,583	-3,480	36,432	36,094	31,305	9,752	35,925	27,965	21,873	31,795	36,509	37,348	32,310
Share Based Compensation	5.7%	2,488	2,353	2,630	2,562	2,571	2,071	2,606	2,979	2,624	1,030	2,080	1,885	1,702	1,823	1,589	1,562	1,024	1,359	1,311	1,422	1,283
Cashflow From Investing	-1002.3%	-289,338	-26,248	-63,496	49,527	-41,514	-31,455	-82,340	130,829	-62,183	18,030	-9,597	-133,348	33,882	-64,907	4,685	-13,524	-7,094	52,821	166,865	226,608	-29,700
Cashflow From Financing	401.0%	283,291	-94,107	-123,896	-84,090	-91,364	-59,936	-28,412	-218,606	-5,573	-17,986	-17,116	-41,196	120,757	-35,576	-155,103	-128,263	298,040	-81,793	-212,918	-256,372	3,834
Dividend Payments	-100.0%	-	52,653	52,650	52,638	52,605	48,202	46,014	43,808	41,600	15,225	15,221	14,363	12,992	6,736	4,382	26,712	298	26,666	26,665	26,664	53,263
Buy Backs	-	867	-	36.00	1.00	730	391	-	205	939	14,573	-	6.00	452	337	-3.00	-	1,002	53.00	20.00	132	328

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KRG Income Statement

2024-03-31

Consolidated Statements of Operations and Comprehensive Income (Unaudited) - KRG Trust - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Rental income	$ 205,813	$ 203,063
Total revenue	207,439	206,750
Expenses:
Property operating	28,081	27,314
Real estate taxes	26,534	27,183
General, administrative and other	12,784	13,384
Depreciation and amortization	100,379	108,071
Total expenses	167,778	175,952
Loss on sales of operating properties, net	(236)	0
Operating income	39,425	30,798
Interest expense	(30,364)	(25,425)
Income tax (expense) benefit of taxable REIT subsidiaries	(158)	29
Equity in loss of unconsolidated subsidiaries	(420)	(244)
Gain on sale of unconsolidated property, net	2,325	0
Other income, net	3,628	403
Net income	14,436	5,561
Net income attributable to noncontrolling interests	(280)	(170)
Net income attributable to common shareholders	$ 14,156	$ 5,391
Net income per common share
Net income per common share – basic (in USD per share)	$ 0.06	$ 0.02
Net income per common share – diluted (in USD per share)	$ 0.06	$ 0.02
Weighted average common shares outstanding - basic (in shares)	219,501,114	219,233,569
Weighted average common shares outstanding - diluted (in shares)	219,900,306	219,965,061
Net income	$ 14,436	$ 5,561
Change in fair value of derivatives	2,542	(11,645)
Total comprehensive income (loss)	16,978	(6,084)
Comprehensive income attributable to noncontrolling interests	(365)	(82)
Comprehensive income (loss) attributable to the Company	16,613	(6,166)
Other property-related revenue
Revenue:
Other revenue	1,311	1,916
Fee income
Revenue:
Other revenue	$ 315	$ 1,771

KRG Balance Sheet

2024-03-31

Consolidated Balance Sheets (Unaudited) - KRG Trust - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Investment properties, at cost	$ 7,758,372	$ 7,740,061
Less: accumulated depreciation	(1,452,715)	(1,381,770)
Net investment properties	6,305,657	6,358,291
Cash and cash equivalents	83,579	36,413
Tenant and other receivables, including accrued straight-line rent of $58,492 and $55,482, respectively	118,057	113,290
Restricted cash and escrow deposits	5,385	5,017
Deferred costs, net	285,452	304,171
Short-term deposits	265,000	0
Prepaid and other assets	131,765	117,834
Investments in unconsolidated subsidiaries	9,599	9,062
Total assets	7,204,494	6,944,078
Liabilities:
Mortgage and other indebtedness, net	3,167,513	2,829,202
Accounts payable and accrued expenses	171,574	198,079
Deferred revenue and other liabilities	258,985	272,942
Total liabilities	3,598,072	3,300,223
Commitments and contingencies
Limited Partners’ interests in the Operating Partnership	73,713	73,287
Equity:
Common shares, $0.01 par value, 490,000,000 shares authorized, 219,603,862 and 219,448,429 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	2,196	2,194
Additional paid-in capital	4,887,573	4,886,592
Accumulated other comprehensive income	54,891	52,435
Accumulated deficit	(1,413,828)	(1,373,083)
Total shareholders’ equity/Partners’ equity	3,530,832	3,568,138
Noncontrolling interests	1,877	2,430
Total equity	3,532,709	3,570,568
Total liabilities and equity	$ 7,204,494	$ 6,944,078

About Kite Realty Group Trust

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company's primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of June 30, 2023, the Company owned interests in 181 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.6 million square feet of gross leasable space.

CEO	Mr. John A. Kite
WEBSITE	kiterealty.com
INDUSTRY	REIT Mortgage
EMPLOYEES	236

Kite Realty Group Trust Frequently Asked Questions

What is the ticker symbol for Kite Realty Group Trust? What does KRG stand for in stocks?

KRG is the stock ticker symbol of Kite Realty Group Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kite Realty Group Trust (KRG)?

As of Mon May 13 2024, market cap of Kite Realty Group Trust is 4.61 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KRG stock?

You can check KRG's fair value in chart for subscribers.

What is the fair value of KRG stock?

You can check KRG's fair value in chart for subscribers. The fair value of Kite Realty Group Trust is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Kite Realty Group Trust is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KRG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Kite Realty Group Trust a good stock to buy?

The fair value guage provides a quick view whether KRG is over valued or under valued. Whether Kite Realty Group Trust is cheap or expensive depends on the assumptions which impact Kite Realty Group Trust's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KRG.

What is Kite Realty Group Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, KRG's PE ratio (Price to Earnings) is 82.4 and Price to Sales (PS) ratio is 203.85. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KRG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Kite Realty Group Trust's stock?

In the past 10 years, Kite Realty Group Trust has provided 0.028 (multiply by 100 for percentage) rate of return.