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Kite Realty Group Trust Stock Research

KRG

21.57USD+0.54(+2.57%)Market Closed

Market Summary

USD21.57+0.54
Market Closed
2.57%

KRG Stock Price

KRG RSI Chart

KRG Valuation

Market Cap

4.7B

Price/Earnings (Trailing)

-42.67

Price/Sales (Trailing)

6.22

Price/Free Cashflow

18.25

KRG Price/Sales (Trailing)

KRG Profitability

Return on Equity

-2.86%

Return on Assets

-1.5%

Free Cashflow Yield

5.48%

KRG Fundamentals

KRG Revenue

Revenue (TTM)

760.3M

Revenue Y/Y

180.29%

Revenue Q/Q

-1.13%

KRG Earnings

Earnings (TTM)

-110.7M

Earnings Y/Y

-12.6%

Earnings Q/Q

-159.68%

Price Action

52 Week Range

16.2223.10
(Low)(High)

Last 7 days

5.0%

Last 30 days

4.3%

Last 90 days

11.1%

Trailing 12 Months

8.5%

KRG Financial Health

Debt/Equity

0.78

Debt/Cashflow

0.09

KRG Investor Care

Dividend Yield

3.66%

Dividend/Share (TTM)

0.79

Shares Dilution (1Y)

159.11%

Diluted EPS (TTM)

-0.99

Peers (Alternatives to Kite Realty Group Trust)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
52.5B
4.0B
7.67% -8.93%
11.52
13.06
24.01% 170.44%
36.1B
4.0B
11.78% -8.09%
14.04
7.05
-3.96% -2.35%
32.0B
4.6B
11.98% -21.93%
22.2
7
4.35% 106.20%
23.9B
2.5B
12.96% -11.45%
44.1
9.58
24.01% -42.18%
23.8B
2.7B
8.93% -25.05%
20.82
8.78
11.91% 8.14%
13.1B
1.7B
-4.07% -13.87%
50.83
7.71
40.37% -73.28%
MID-CAP
9.0B
1.0B
11.82% -6.19%
23.51
8.63
14.39% 59.45%
4.7B
760.3M
4.25% 8.52%
-42.67
6.22
172.75% -1146.68%
4.5B
-
12.49% -36.11%
28.41
13.26
-77.01% 441.99%
2.9B
828.2M
23.71% -12.14%
-34.67
3.55
9.54% 46.68%
2.6B
-
20.65% -40.24%
-39.69
2.65
-9.84% -109.68%
2.0B
-
9.49% 23.30%
23.66
4.36
4.67% 1705.32%
SMALL-CAP
1.4B
740.6M
12.63% -22.19%
528.1
1.92
2.16% 107.41%
1.1B
195.1M
8.56% 15.83%
3.83
5.82
20.60% 1640.65%

Financials for Kite Realty Group Trust

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue20.4%760631498373279
Operating Expenses41.0%1037341--
  S&GA Expenses14.5%5246403435
Interest Expenses15.3%10187746050
Net Income-0.8%-110.75-109.87-123.24-80.8111
Net Income Margin15.5%-0.15*-0.17*-0.25*-0.22*-
Free Cahsflow38.3%259187119100-
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.2%7,4007,3857,5747,6402,709
    Cash Equivalents-2.6%88917493104
Liabilities1.0%3,4653,4313,6103,6571,456
  Long Term Debt0.4%3,0133,0013,1793,1511,289
Shareholder's Equity-0.5%3,8733,8913,8993,9221,199
  Retained Earnings-5.1%-1,105.84-1,051.99-1,021.32-962.91-849.51
  Additional Paid-In Capital0.1%4,9044,9014,8954,8992,070
Shares Outstanding0.0%21921921921985
Minority Interest1.5%55551
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations38.3%259187119100114
  Share Based Compensation6.0%99877
Cashflow From Investing-94.4%477-187.10-91.03-173.97
Cashflow From Financing-4.4%-270.58-259.28-81.874427
  Dividend Payments26.6%147116865849
  Buy Backs0%161616151

Risks for KRG

What is the probability of a big loss on KRG?

55%


Probability that Kite Realty Group Trust stock will be more than 20% underwater in next one year

27.7%


Probability that Kite Realty Group Trust stock will be more than 30% underwater in next one year.

19.6%


Probability that Kite Realty Group Trust stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does KRG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Kite Realty Group Trust was unfortunately bought at previous high price.

Drawdowns

Returns for KRG

Cumulative Returns on KRG

4.2%


10-Year Cumulative Returns

2.6%


7-Year Cumulative Returns

10.2%


5-Year Cumulative Returns

9.8%


3-Year Cumulative Returns

What are the long-term rolling returns for KRG?

FIve years rolling returns for Kite Realty Group Trust.

Annualized Returns

Which funds bought or sold KRG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
CENTRAL TRUST Co
unchanged
-
6,259
35,259
-%
2023-01-26
Inspire Investing, LLC
reduced
-7.35
27,949
235,949
0.03%
2023-01-26
Accel Wealth Management
added
1.18
4,695
30,695
0.01%
2023-01-26
DUPONT CAPITAL MANAGEMENT CORP
added
17.37
199,949
660,949
0.03%
2023-01-26
State of Tennessee, Treasury Department
added
77.78
1,332,000
3,061,000
0.01%
2023-01-26
SkyOak Wealth, LLC
unchanged
-
67,837
374,837
0.13%
2023-01-26
STRS OHIO
reduced
-7.91
1,849,000
16,550,000
0.07%
2023-01-26
OREGON PUBLIC EMPLOYEES RETIREMENT FUND
added
0.88
256,851
1,357,850
0.02%
2023-01-26
Sumitomo Mitsui DS Asset Management Company, Ltd
added
6.94
150,320
638,320
0.01%
2023-01-26
COMERICA BANK
reduced
-3.96
292,000
2,884,000
0.02%

1–10 of 50

Latest Funds Activity

Are funds buying KRG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own KRG
No. of Funds

Kite Realty Group Trust News

Yahoo Finance

Kite Realty Group Trust (NYSE:KRG) delivers shareholders decent 13% CAGR over 5 years, surging 5.0% in the last week alone.

Yahoo Finance,
17 hours ago

Investor's Business Daily

InvestorsObserver

Schedule 13G FIlings of Kite Realty Group Trust

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 11, 2022
state street corp
5.24%
11,479,726
SC 13G/A
Feb 08, 2022
fuller & thaler asset management, inc.
3.12%
6,830,656
SC 13G/A
Jan 27, 2022
blackrock inc.
13.9%
30,549,057
SC 13G/A
Jan 25, 2022
blackrock inc.
13.9%
30,549,057
SC 13G
Feb 12, 2021
macquarie group ltd
6.16%
5,193,491
SC 13G/A
Feb 11, 2021
fuller & thaler asset management, inc.
5.26%
4,426,659
SC 13G

KRG Fair Value

Recent SEC filings of Kite Realty Group Trust

View All Filings
Date Filed Form Type Document
Jan 26, 2023
SC 13G/A
Major Ownership Report
Jan 20, 2023
SC 13G/A
Major Ownership Report
Jan 11, 2023
SC 13G
Major Ownership Report
Jan 03, 2023
4
Insider Trading
Jan 03, 2023
4
Insider Trading
Dec 02, 2022
4
Insider Trading
Nov 23, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 04, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for KRG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-03
COLEMAN VICTOR J
acquired
-
-
564
-
2022-11-30
Grimes Steven P
sold
-289,343
22.35
-12,946
-
2022-11-23
Grimes Steven P
sold
-712,240
22.22
-32,054
-
2022-11-21
Grimes Steven P
sold
-1,012,300
21.77
-46,500
-
2022-11-18
Kite John A
acquired
-
-
85,000
chairman & ceo
2022-11-18
Kite John A
sold
-1,870,850
22.01
-85,000
chairman & ceo
2022-11-07
Heath R Fear
sold (taxes)
-390,978
21.11
-18,521
evp & chief financial officer
2022-10-03
COLEMAN VICTOR J
acquired
-
-
689
-
2022-09-14
GORSKI GERALD M
sold
-224,825
20.02
-11,230
-
2022-07-01
COLEMAN VICTOR J
acquired
-
-
686
-

1–10 of 50

About Kite Realty Group Trust

KRG Income Statement

2022-09-30
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - KRG Trust - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:    
Rental income$ 195,675$ 70,216$ 582,772$ 206,097
Total revenue200,31171,465597,307210,374
Expenses:    
Property operating25,50710,48277,55830,978
Real estate taxes25,7038,62480,44526,574
General, administrative and other14,8598,24141,97723,676
Merger and acquisition costs1089,1981,0069,958
Depreciation and amortization115,83130,193357,09690,625
Total expenses182,00866,738558,082181,811
Gain on sales of operating properties, net01,26027,12627,517
Operating income18,3035,98766,35156,080
Interest expense(26,226)(12,878)(77,449)(37,386)
Income tax benefit of taxable REIT subsidiary091259308
Equity in earnings (loss) of unconsolidated subsidiaries144(196)(56)(758)
Other income (expense), net58168(207)189
Net (loss) income(7,721)(6,828)(11,102)18,433
Net income attributable to noncontrolling interests(116)(132)(408)(1,058)
Net (loss) income attributable to common shareholders/unitholders$ (7,837)$ (6,960)$ (11,510)$ 17,375
Net (loss) income per common share    
Net (loss) income per common share - basic (in USD per share)$ (0.04)$ (0.08)$ (0.05)$ 0.21
Net (loss) income per common share - diluted (in USD per share)$ (0.04)$ (0.08)$ (0.05)$ 0.20
Weighted average common shares outstanding - basic (in shares)219,103,66984,556,689219,053,32084,468,519
Weighted average common shares outstanding - diluted (in shares)219,103,66984,556,689219,053,32085,383,849
Dividends per common share (in USD per share)$ 0.21$ 0.18$ 0.60$ 0.50
Net (loss) income$ (7,721)$ (6,828)$ (11,102)$ 18,433
Change in fair value of derivatives33,1311,91989,6288,653
Total comprehensive income (loss)25,410(4,909)78,52627,086
Comprehensive income attributable to noncontrolling interests(511)(173)(1,441)(1,302)
Comprehensive income (loss) attributable to the Company/common unitholders24,899(5,082)77,08525,784
Other property-related revenue    
Revenue:    
Other revenue3,0131,0547,9323,133
Fee income    
Revenue:    
Other revenue$ 1,623$ 195$ 6,603$ 1,144

KRG Balance Sheet

2022-09-30
Consolidated Balance Sheets (Unaudited) - KRG Trust - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets:  
Investment properties, at cost$ 7,715,516$ 7,592,348
Less: accumulated depreciation(1,093,912)(884,809)
Net investment properties6,621,6046,707,539
Cash and cash equivalents88,44793,241
Tenant and other receivables, including accrued straight-line rent of $40,716 and $28,071, respectively86,59368,444
Restricted cash and escrow deposits8,0607,122
Deferred costs, net441,924541,518
Short-term deposits0125,000
Prepaid and other assets142,75784,826
Investments in unconsolidated subsidiaries10,56011,885
Total assets7,399,9457,639,575
Liabilities:  
Mortgage and other indebtedness, net3,012,8703,150,808
Accounts payable and accrued expenses152,015184,982
Deferred revenue and other liabilities300,009321,419
Total liabilities3,464,8943,657,209
Commitments and contingencies
Limited Partners’ interests in Operating Partnership and other56,95455,173
Equity:  
Common shares, $0.01 par value, 490,000,000 shares authorized, 219,098,394 and 218,949,569 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively2,1912,189
Additional paid-in capital4,903,7734,898,673
Accumulated other comprehensive income (loss)72,693(15,902)
Accumulated deficit(1,105,845)(962,913)
Total shareholders’ equity/Partners’ equity3,872,8123,922,047
Noncontrolling interests5,2855,146
Total equity3,878,0973,927,193
Total liabilities and equity$ 7,399,945$ 7,639,575