Credit Suisse and CICC acted as the underwriters for the IPO. 96.84% of the stock of Kite Realty Group Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Kite Realty Group Trust has a short interest ratio (“days to cover”) of 5.2.
- Stockholders of record on Friday, April 7th will be given a dividend of $0.24 per share on Friday, April 14th.
- They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
- While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings …
- It engages in the ownership, operation, acquisition, development, and redevelopment of neighborhood and community shopping centers in selected markets in the United States.
- Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust that provides communities with convenient and beneficial shopping experiences.
10 brokers have issued 1 year price targets for Kite Realty Group Trust’s shares. On average, they expect the company’s share price to reach $25.00 in the next twelve months. This suggests a possible upside of 20.7% from the stock’s current price. View analysts price targets for KRG or view top-rated stocks among Wall Street analysts. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
Expert Ratings for Kite Realty Gr Trust
11 employees have rated Kite Realty Group Trust Chief Executive Officer John A. Kite on Glassdoor.com. John A. Kite has an approval rating of 50% among the company’s employees. This puts John A. Kite in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Kite Realty Group Trust’s stock was trading at $21.05 on January 1st, 2023. Since then, KRG stock has decreased by 1.6% and is now trading at $20.72. Based on earnings estimates, Kite Realty Group Trust will have a dividend payout ratio of 47.29% next year.
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Inflation & Prices
As of March 31st, there was short interest totaling 7,400,000 shares, an increase of 12.0% from the March 15th total of 6,610,000 shares. Based on an average trading volume of 1,610,000 shares, the days-to-cover ratio is currently 4.6 days. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
Investing in REITs allows individual investors to earn a share of the income generated through commercial real estate ownership without having to own commercial real estate. As of April 15th, there was short interest totaling 21,500 shares, a decline of 25.6% from the March 31st total of 28,900 shares. Based on an average trading volume of 112,300 shares, the days-to-cover ratio is presently 0.2 days. Real-time analyst ratings, insider transactions, earnings data, and more. Kite Realty Group Trust has received a -3.04% net impact score from Upright.
The company provided earnings per share guidance of $1.89-$1.95 for the period, compared to the consensus earnings per share estimate of $1.91. Kite Realty Group Trust announced a quarterly dividend on Wednesday, February 8th. Stockholders of record on Friday, April 7th will be given a dividend of $0.24 per share on Friday, April 14th.
And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. CompareKRG’s historical performanceagainst its industry peers and the overall market. Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of KRG’s competitive advantage. Everyone loves a bargain, but when a bargain looks too good to be true, people shy away.
Kite Realty Group Trust’s KRG increased public offering of 10.5 million common shares priced at a 3.7% discount to Tuesday’s close. Shares were recently trading four cents lower at $5.36, compared with the offering’s price… Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.
Full year 2020 earnings released: FFO US$1.33 per share (vs US$1.57 in FY
Provide specific products and services to you, such as portfolio management or data aggregation. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. The underperformance of the markets cheapest stocks in 2022 was an anomaly. Kite Realty Group Trust’s stock is owned by a variety of institutional and retail investors.
The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Kite Realty Group Trust Competitors
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Top institutional investors include Strs Ohio (0.41%), Fort Washington Investment Advisors Inc. OH (0.37%), Chartwell Investment Partners LLC (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.17%), New York State Teachers Retirement System (0.17%) and Asset Management One Co. Insiders that own company stock include Gerald M Gorski, John A Kite and Steven P Grimes.
https://1investing.in/ are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. The company issued 1,400,000 shares at $14.50-$17.50 per share.
This indicates that Kite Realty Group Trust will be able to sustain or increase its dividend. It pays a dividend yield of 4.75%, putting its dividend yield in the top 25% of dividend-paying stocks. According to analysts’ consensus price target of $25.00, Kite Realty Group Trust has a forecasted upside of 20.7% from its current price of $20.72. The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.KRG has a Quality Grade of C, ranking ahead of 27.23% of graded US stocks. KRG’s revenue has moved up $523,263,000 over the prior 15 months.The table below shows KRG’s growth in key financial areas .
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. The Companyâs primarily grocery-anchored portfolio is located in Sun Belt and various markets in the United States.
Only 2 people have added Kite the 5 c 039 s of credit what banks lenders to their MarketBeat watchlist in the last 30 days. MarketBeat has tracked 7 news articles for Kite Realty Group Trust this week, compared to 2 articles on an average week. Short interest in Kite Realty Group Trust has recently increased by 4.86%, indicating that investor sentiment is decreasing. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
Monitor the latest movements within the Kite Realty Group Trust real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the KRG quote. 36Kr Holdings Inc. provides content and business services in the People’s Republic of China. 36Kr Holdings Inc. was founded in 2010 and is based in Beijing, the People’s Republic of China.
This represents a $0.96 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend is Wednesday, April 5th. Kite Realty Group Trust that owns mainly community shopping centers concentrated in Indiana (39% of base rent), Florida (10.9%), Maryland (6.8%), New York (6%), North Carolina (5.4%) and Texas (25.7%). At year-end 2022, Kite owned interests in 183 retail operating properties and three commercial properties, representing 8.9 million of gross leasable area. It also had eight properties under development or redevelopment.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. KRG has a forward dividend yield of 4.63%.SeeKRG’s full dividends and stock split historyon the Dividend tab. The consensus price target hints at a 26.3% upside potential for Kite Realty Group . While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings … Kite Realty Group Trust reported Q3 EPS of ($0.04), $0.06 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $200.31 million versus the consensus estimate…