Kite Realty Group Stock Today
| KRG Stock | USD 25.67 0.21 0.81% |
Performance15 of 100
| Odds Of DistressLess than 31
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Kite Realty is trading at 25.67 as of the 9th of September 2024. This is a 0.81 percent down since the beginning of the trading day. The stock's lowest day price was 25.57. Kite Realty has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Kite Realty Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of July 2024 and ending today, the 9th of September 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 11th of August 2004 | Category Real Estate |
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust that provides communities with convenient and beneficial shopping experiences. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders. The company has 219.67 M outstanding shares of which 6.16 M shares are now shorted by investors with about 3.93 days to cover. More on Kite Realty Group
Moving together with Kite Stock
| 0.96 | O | Realty Income | PairCorr |
| 0.98 | FR | First Industrial Realty | PairCorr |
| 0.9 | HR | Healthcare Realty Trust Sell-off Trend | PairCorr |
| 0.61 | OZ | Belpointe PREP LLC | PairCorr |
| 0.67 | PW | Power REIT | PairCorr |
Moving against Kite Stock
Follow Valuation Options Odds of Bankruptcy
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Kite Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | John Kite | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Retail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Midcap 400, Investing, Marketing, Stores, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsKite Realty can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kite Realty's financial leverage. It provides some insight into what part of Kite Realty's total assets is financed by creditors.
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Kite Realty Group (KRG) is traded on New York Stock Exchange in USA. It is located in 30 South Meridian Street, Indianapolis, IN, United States, 46204-3565 and employs 229 people. Kite Realty is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.73 B. Kite Realty Group runs under Retail REITs sector within Real Estate industry. The entity has 219.67 M outstanding shares of which 6.16 M shares are now shorted by investors with about 3.93 days to cover.
Kite Realty Group has about 115.8 M in cash with 394.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69.
Check Kite Realty Probability Of Bankruptcy
Ownership AllocationKite Realty Group maintains a total of 219.67 Million outstanding shares. The majority of Kite Realty outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Kite Realty Group to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Kite Realty Group. Please pay attention to any change in the institutional holdings of Kite Realty as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kite Ownership Details
Kite Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Nuveen Asset Management, Llc | 2024-06-30 | 3.2 M | |
| Northern Trust Corp | 2024-06-30 | 3.1 M | |
| Norges Bank | 2024-06-30 | 2.6 M | |
| Millennium Management Llc | 2024-06-30 | 2.6 M | |
| Morgan Stanley - Brokerage Accounts | 2024-03-31 | 2.2 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 2.2 M | |
| American Century Companies Inc | 2024-06-30 | 2.1 M | |
| Rush Island Management, Lp | 2024-06-30 | 2.1 M | |
| Prudential Financial Inc | 2024-06-30 | 2 M | |
| Blackrock Inc | 2024-06-30 | 34.9 M | |
| Vanguard Group Inc | 2024-06-30 | 33.4 M |
Kite Realty Historical Income Statement
Kite Stock Against Markets
Kite Realty Corporate Management
| Peter Lynch | Independent Trustee | Profile | |
| David OReilly | Independent Trustee | Profile | |
| Caroline Young | Independent Trustee | Profile | |
| Lee Daniels | Independent Trustee | Profile |
Additional Information and Resources on Investing in Kite Stock
When determining whether Kite Realty Group is a strong investment it is important to analyze Kite Realty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kite Realty's future performance. For an informed investment choice regarding Kite Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kite Realty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kite Realty. If investors know Kite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kite Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2 | Dividend Share 0.99 | Earnings Share (0.11) | Revenue Per Share 3.77 | Quarterly Revenue Growth 0.018 |
The market value of Kite Realty Group is measured differently than its book value, which is the value of Kite that is recorded on the company's balance sheet. Investors also form their own opinion of Kite Realty's value that differs from its market value or its book value, called intrinsic value, which is Kite Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kite Realty's market value can be influenced by many factors that don't directly affect Kite Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kite Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kite Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kite Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.