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

20.02USD-0.18 (-0.89%)Market Closed

Market Summary

USD20.02-0.18

Market Closed

-0.89%

KRG Stock Price

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KRG RSI Chart

KRG Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

93.18

Price/Sales (Trailing)

194.39

Price/Free Cashflow

11.13

KRG Price/Sales (Trailing)

KRG Profitability

Return on Equity

1.32%

Return on Assets

0.68%

Free Cashflow Yield

8.98%

KRG Fundamentals

KRG Revenue

Revenue (TTM)

22.6M

Rev. Growth (Yr)

3.04%

Rev. Growth (Qtr)

2.81%

KRG Earnings

Earnings (TTM)

47.1M

Earnings Growth (Yr)

673.61%

Earnings Growth (Qtr)

268.55%

Breaking Down KRG Revenue

Last 7 days

-3.3%

Last 30 days

-3.6%

Last 90 days

-8.3%

Trailing 12 Months

-0.5%

How does KRG drawdown profile look like?

KRG Financial Health

Debt/Equity

0.79

Debt/Cashflow

0.14

KRG Investor Care

Dividend Yield

3.68%

Dividend/Share (TTM)

0.79

Shares Dilution (1Y)

0.12%

Diluted EPS (TTM)

0.22

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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
Apr 12, 2024	AdvisorNet Financial, Inc	reduced	-3.38	-1,415	15,501	-%
Apr 11, 2024	Ballentine Partners, LLC	added	0.48	-11,488	232,474	-%
Apr 10, 2024	Founders Capital Management	unchanged	-	-1,888	34,688	0.02%
Apr 10, 2024	SOA Wealth Advisors, LLC.	added	1.00	-4,411	100,407	0.02%
Apr 10, 2024	Marcum Wealth, LLC	unchanged	-	-47,535	873,357	0.09%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	unchanged	-	-184	3,382	-%
Apr 08, 2024	Pensionfund Sabic	added	26.16	155,000	941,000	0.28%
Apr 05, 2024	CWM, LLC	reduced	-0.14	-3,000	61,000	-%
Apr 05, 2024	GAMMA Investing LLC	added	27.05	3,679	16,498	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	new	-	524,461	524,461	-%

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
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
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 20, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	8-K	Current Report
Feb 13, 2024	8-K	Current Report

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	83.1B	11.1B	-9.66%	-13.83%	60.81	7.46	4.04%	-19.43%
CCI	41.5B	7.0B	-9.60%	-26.03%	27.65	5.95	-0.07%	-10.36%
AVB	25.7B	2.8B	-1.70%	6.38%	27.64	9.27	6.73%	-18.30%
ARE	20.5B	2.9B	-3.74%	0.55%	197.59	7.1	11.46%	-80.13%
AMH	12.7B	1.6B	-3.36%	8.14%	29.37	7.9	7.80%	39.39%
REG	10.7B	1.3B	-1.98%	-2.93%	29.32	8.08	8.04%	-24.50%
BXP	9.2B	3.3B	-6.31%	15.09%	48.4	2.81	5.31%	-77.32%
MID-CAP
FRT	8.1B	1.1B	-1.05%	1.77%	34.35	7.19	5.38%	-38.52%
MAC	3.4B	884.1M	-1.05%	66.77%	-12.56	3.89	2.90%	-314.82%
SLG	3.2B	899.4M	-1.62%	125.91%	-5.7	3.58	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.88%	17.82%	19.35	2.84	4.38%	15.77%
AIV	1.2B	198.2M	7.12%	4.87%	-7.34	5.82	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.57%	5.74%	13.37	1.77	25.53%	134.62%
NYMT	627.7M	258.7M	-4.58%	-31.06%	-12.9	2.43	0.11%	83.70%
IVR	399.8M	277.9M	-10.13%	-19.51%	-25.21	1.44	44.33%	96.06%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-	-	-	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	87.00
Costs and Expenses	-5.3%	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	-6.8%	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	96.00
S&GA Expenses	3.1%	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	5.00
Interest Expenses	6.9%	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	18.00
Income Taxes	560.3%	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	-0.15
Net Income	268.6%	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	-31.71
Net Income Margin	29.6%	2.09*	1.61*	0.10*	0.03*	-0.05*	-0.40*	-0.39*	-0.44*	-0.29*	0.04*	0.05*	0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	-6.6%	103	111	101	48.00	101	92.00	89.00	34.00	-19.15	21.00	20.00	16.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.5%	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	3,172
Cash Equivalents	-30.4%	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	46.00
Liabilities	-1.4%	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	1,713
Long Term Debt	-1.4%	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	1,543
Shareholder's Equity	-1.8%	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	1,413
Retained Earnings	-3.5%	-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	-662
Additional Paid-In Capital	-0.1%	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	2,078
Shares Outstanding	0.0%	219	219	219	219	219	219	219	219	111	84.00	84.00	84.00	-	-	-	-	-	-	-	-	-
Minority Interest	2.3%	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	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-6.6%	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	35,350
Share Based Compensation	-10.5%	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	854
Cashflow From Investing	58.7%	-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	44,738
Cashflow From Financing	24.0%	-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	-75,598
Dividend Payments	0.0%	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	26,594
Buy Backs	-100.0%	-	36.00	1.00	730	391	-	205	939	14,573	-	6.00	452	337	-3.00	-	1,002	53.00	20.00	132	328	-

KRG Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income - KRG Trust - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Rental income	$ 810,146	$ 782,349	$ 367,399
Total revenue	823,004	801,996	373,324
Expenses:
Property operating	107,958	107,217	55,561
Real estate taxes	102,426	104,589	49,530
General, administrative and other	56,142	54,860	33,984
Merger and acquisition costs	0	925	86,522
Depreciation and amortization	426,361	469,805	200,460
Impairment charges	477	0	0
Total expenses	693,364	737,396	426,057
Gain on sales of operating properties, net	22,601	27,069	31,209
Operating income (loss)	152,241	91,669	(21,524)
Interest expense	(105,349)	(104,276)	(60,447)
Income tax (expense) benefit of taxable REIT subsidiary	(533)	(43)	310
Equity in earnings (loss) of unconsolidated subsidiaries	33	256	(416)
Other income, net	1,991	240	355
Net income (loss)	48,383	(12,154)	(81,722)
Net (income) loss attributable to noncontrolling interests	(885)	(482)	916
Net income (loss) attributable to common shareholders/unitholders	$ 47,498	$ (12,636)	$ (80,806)
Net income (loss) per common share
Net income (loss) per common share – basic (in dollars per share)	$ 0.22	$ (0.06)	$ (0.73)
Net income (loss) per common share – diluted (in dollars per share)	$ 0.22	$ (0.06)	$ (0.73)
Weighted average common shares outstanding - basic (in shares)	219,344,832	219,074,448	110,637,562
Weighted average common shares outstanding - diluted (in shares)	219,728,283	219,074,448	110,637,562
Net income (loss)	$ 48,383	$ (12,154)	$ (81,722)
Change in fair value of derivatives	(22,008)	91,271	15,670
Total comprehensive income (loss)	26,375	79,117	(66,052)
Comprehensive (income) loss attributable to noncontrolling interests	(786)	(1,507)	229
Comprehensive income (loss) attributable to the Company/common unitholders	25,589	77,610	(65,823)
Other property-related revenue
Revenue:
Other revenue	8,492	11,108	4,683
Fee income
Revenue:
Other revenue	$ 4,366	$ 8,539	$ 1,242

KRG Balance Sheet

2023-12-31

Consolidated Balance Sheets - KRG Trust - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Investment properties, at cost:	$ 7,740,061	$ 7,732,573
Less: accumulated depreciation	(1,381,770)	(1,161,148)
Net investment properties	6,358,291	6,571,425
Cash and cash equivalents	36,413	115,799
Tenant and other receivables, including accrued straight-line rent of $55,482 and $44,460, respectively	113,290	101,301
Restricted cash and escrow deposits	5,017	6,171
Deferred costs, net	304,171	409,828
Prepaid and other assets	117,834	127,044
Investments in unconsolidated subsidiaries	9,062	10,414
Total assets	6,944,078	7,341,982
Liabilities:
Mortgage and other indebtedness, net	2,829,202	3,010,299
Accounts payable and accrued expenses	198,079	207,792
Deferred revenue and other liabilities	272,942	298,039
Total liabilities	3,300,223	3,516,130
Commitments and contingencies
Limited Partners’ interests in the Operating Partnership	73,287	53,967
Equity:
Common shares, $0.01 par value, 490,000,000 shares authorized, 219,448,429 and 219,185,658 shares issued and outstanding at December 31, 2023 and 2022, respectively	2,194	2,192
Additional paid-in capital	4,886,592	4,897,736
Accumulated other comprehensive income	52,435	74,344
Accumulated deficit	(1,373,083)	(1,207,757)
Total shareholders’ equity/Partners’ equity	3,568,138	3,766,515
Noncontrolling interests	2,430	5,370
Total equity	3,570,568	3,771,885
Total liabilities and equity	$ 6,944,078	$ 7,341,982

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 Apr 15 2024, market cap of Kite Realty Group Trust is 4.39 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 Apr 15 2024, KRG's PE ratio (Price to Earnings) is 93.18 and Price to Sales (PS) ratio is 194.39. 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 0.029 (multiply by 100 for percentage) rate of return.