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Kite Realty Group Trust Stock Research

KRG

20.05USD+0.73(+3.78%)Market Closed

Market Summary

USD20.05+0.73
Market Closed
3.78%

KRG Alerts

KRG Stock Price

KRG RSI Chart

KRG Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

480.55

Price/Sales (Trailing)

5.4

Price/Free Cashflow

11.18

KRG Price/Sales (Trailing)

KRG Profitability

Return on Equity

-0.34%

Return on Assets

-0.17%

Free Cashflow Yield

8.94%

KRG Fundamentals

KRG Revenue

Revenue (TTM)

814.4M

Revenue Y/Y

6.36%

Revenue Q/Q

1.01%

KRG Earnings

Earnings (TTM)

9.2M

Earnings Y/Y

132.08%

Earnings Q/Q

451.43%

Price Action

52 Week Range

16.2223.10
(Low)(High)

Last 7 days

3.2%

Last 30 days

-1.6%

Last 90 days

-8.0%

Trailing 12 Months

-1.1%

KRG Financial Health

Debt/Equity

0.8

Debt/Cashflow

0.13

KRG Investor Care

Dividend Yield

3.82%

Dividend/Share (TTM)

0.79

Shares Dilution (1Y)

0.13%

Diluted EPS (TTM)

0.03

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
50.6B
4.3B
2.15% -9.25%
11.63
11.76
18.80% 113.99%
30.7B
4.9B
11.09% -20.60%
82.21
6.26
9.82% -73.28%
23.9B
2.0B
1.22% -17.50%
26.03
12.09
-20.93% -31.79%
19.7B
2.7B
-5.04% -29.61%
26.3
7.37
18.91% 81.13%
13.2B
1.7B
-4.07% -25.83%
104.43
7.61
15.49% -81.09%
MID-CAP
7.4B
1.1B
-5.20% -18.16%
19.11
6.81
10.19% 46.60%
4.4B
814.4M
-1.62% -1.09%
480.55
5.4
63.41% 107.43%
2.7B
1.8B
5.65% -56.49%
-7.41
1.51
9.23% -286.27%
2.2B
857.9M
-0.88% -10.58%
-24.97
2.55
-1.75% -315.36%
SMALL-CAP
2.2B
421.5M
12.13% 24.54%
24.84
5.24
1.34% 437.34%
1.6B
862.4M
10.30% -57.28%
-12.39
1.8
7.01% -127.00%
1.3B
184.6M
12.03% 36.81%
13.6
6.79
2.55% 1950.56%
979.6M
745.2M
2.04% -49.37%
-25.75
1.31
2.17% -183.81%

Financials for Kite Realty Group Trust

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue1.5%814802760631498
Operating Expenses1.3%10910710287.0071.00
  S&GA Expenses0.1%55.0055.0052.0046.0040.00
Interest Expenses-0.1%10410410187.0074.00
Net Income172.4%9.00-12.64-110-109-123
Net Income Margin89.2%-0.02*-0.15*-0.17*-0.25*-
Free Cahsflow46.5%379259187119-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-2.0%7,1977,3427,4007,3857,574
    Cash Equivalents-54.5%53.0011688.0091.0074.00
Liabilities-2.5%3,4283,5163,4653,4313,610
  Long Term Debt-1.3%2,9733,0103,0133,0013,179
Shareholder's Equity-1.6%3,7063,7673,8733,8913,899
  Retained Earnings-3.9%-1,255-1,207-1,105-1,051-1,021
  Additional Paid-In Capital0.0%4,8964,8984,9044,9014,895
Shares Outstanding0.1%219219219219219
Minority Interest1.9%5.005.005.005.005.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations3.7%393379259187119
  Share Based Compensation-0.5%10.0010.009.009.008.00
Cashflow From Investing45.8%-24.48-45.154.0077.00-187
Cashflow From Financing-27.5%-398-312-270-259-81.87
  Dividend Payments6.1%19118014711686.00
  Buy Backs-13.6%1.002.0016.0016.0016.00

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

24.6%


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

3.2%


10-Year Cumulative Returns

0.7%


7-Year Cumulative Returns

10.6%


5-Year Cumulative Returns

26.2%


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
2023-06-01
MACQUARIE GROUP LTD
reduced
-0.48
-2,148,310
193,395,000
0.23%
2023-05-26
ProShare Advisors LLC
reduced
-6.86
-65,043
809,227
-%
2023-05-23
Brookfield Corp /ON/
reduced
-39.21
-21,718,600
33,150,800
0.13%
2023-05-22
AMERIPRISE FINANCIAL INC
added
9.46
3,797,850
47,061,800
0.01%
2023-05-22
Arete Wealth Advisors, LLC
reduced
-1.21
-322,969,000
317,000
0.03%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-26.99
-895,000
2,366,000
-%
2023-05-18
JPMORGAN CHASE & CO
reduced
-38.42
-118,365,000
186,715,000
0.02%
2023-05-17
VIRGINIA RETIREMENT SYSTEMS ET AL
reduced
-0.24
1,746,440
9,702,660
0.10%
2023-05-17
Thrivent Financial for Lutherans
reduced
-3.64
-128,000
2,891,000
0.01%
2023-05-17
Advisory Services Network, LLC
reduced
-64.55
-13,543
7,362
-%

1–10 of 48

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

MarketBeat
American Century Companies Inc. Decreases Stock Holdings in Kite ....
MarketBeat,
24 hours ago
InvestorsObserver
Defense World
Defense World

Schedule 13G FIlings of Kite Realty Group Trust

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
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

KRG Fair Value

Show Fair-Value

Recent SEC filings of Kite Realty Group Trust

View All Filings
Date Filed Form Type Document
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading

Latest Insider Trading transactions for KRG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-10
Peterson Barton R
acquired
-
-
6,308
-
2023-05-10
Biumi Bonnie
acquired
-
-
6,308
-
2023-05-10
GORSKI GERALD M
acquired
-
-
6,308
-
2023-05-10
WURTZEBACH CHARLES H
acquired
-
-
6,308
-
2023-05-10
Grimes Steven P
acquired
-
-
6,308
-
2023-05-10
Young Caroline L.
acquired
-
-
6,308
-
2023-05-10
Burks Derrick
acquired
-
-
6,308
-
2023-05-10
Lynch Peter L
acquired
-
-
6,308
-
2023-05-10
BINDLEY WILLIAM E
acquired
-
-
6,308
-
2023-05-10
COLEMAN VICTOR J
acquired
-
-
6,308
-

1–10 of 50

About Kite Realty Group Trust

KRG Income Statement

2023-03-31
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - KRG Trust - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:  
Rental income$ 203,063$ 190,892
Total revenue206,750194,391
Expenses:  
Property operating27,31425,928
Real estate taxes27,18326,859
General, administrative and other13,38413,309
Merger and acquisition costs0925
Depreciation and amortization108,071121,504
Total expenses175,952188,525
Gain on sales of operating properties, net03,168
Operating income30,7989,034
Interest expense(25,425)(25,514)
Income tax benefit of taxable REIT subsidiary2971
Equity in loss of unconsolidated subsidiaries(244)(314)
Other income (expense), net403(103)
Net income (loss)5,561(16,826)
Net (income) loss attributable to noncontrolling interests(170)22
Net income (loss) attributable to common shareholders$ 5,391$ (16,804)
Net income (loss) per common share  
Net income (loss) per common share – basic (in USD per share)$ 0.02$ (0.08)
Net income (loss) per common share – diluted (in USD per share)$ 0.02$ (0.08)
Weighted average common shares outstanding - basic (in shares)219,233,569218,981,168
Weighted average common shares outstanding - diluted (in shares)219,965,061218,981,168
Net income (loss)$ 5,561$ (16,826)
Change in fair value of derivatives(11,645)38,938
Total comprehensive (loss) income(6,084)22,112
Comprehensive income attributable to noncontrolling interests(82)(203)
Comprehensive (loss) income attributable to the Company and common unitholders(6,166)21,909
Other property-related revenue  
Revenue:  
Other revenue1,9161,190
Fee income  
Revenue:  
Other revenue$ 1,771$ 2,309

KRG Balance Sheet

2023-03-31
Consolidated Balance Sheets (Unaudited) - KRG Trust - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets:  
Investment properties, at cost$ 7,719,677$ 7,732,573
Less: accumulated depreciation(1,210,937)(1,161,148)
Net investment properties6,508,7406,571,425
Cash and cash equivalents43,733115,799
Tenant and other receivables, including accrued straight-line rent of $47,863 and $44,460, respectively103,474101,301
Restricted cash and escrow deposits8,9626,171
Deferred costs, net381,539409,828
Prepaid and other assets117,424127,044
Investments in unconsolidated subsidiaries10,34110,414
Assets associated with investment property held for sale22,7270
Total assets7,196,9407,341,982
Liabilities:  
Mortgage and other indebtedness, net2,972,5673,010,299
Accounts payable and accrued expenses160,142207,792
Deferred revenue and other liabilities294,760298,039
Liabilities associated with investment property held for sale9390
Total liabilities3,428,4083,516,130
Commitments and contingencies
Limited Partners’ interests in Operating Partnership and other57,05453,967
Equity:  
Common shares, $0.01 par value, 490,000,000 shares authorized, 219,325,898 and 219,185,658 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively2,1932,192
Additional paid-in capital4,896,0494,897,736
Accumulated other comprehensive income62,78774,344
Accumulated deficit(1,255,025)(1,207,757)
Total shareholders’ equity/Partners’ equity3,706,0043,766,515
Noncontrolling interests5,4745,370
Total equity3,711,4783,771,885
Total liabilities and equity$ 7,196,940$ 7,341,982