Kite Realty Group Stock Today

KRG Stock  USD 27.40  0.21  0.77%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 32

 
High
 
Low
Below Average
Kite Realty is trading at 27.40 as of the 23rd of November 2024. This is a 0.77 percent up since the beginning of the trading day. The stock's lowest day price was 27.19. Kite Realty has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading 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 27th of May 2024 and ending today, the 23rd of November 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 5.55 M shares are now shorted by investors with about 3.67 days to cover. More on Kite Realty Group

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Kite Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanJohn Kite
Thematic Ideas
(View all Themes)
Business ConcentrationRetail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Midcap 400, Stores, Marketing, Investing, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.1185
Significantly Up
Very volatile
Gross Profit Margin0.220.2263
Fairly Down
Slightly volatile
Net Debt3.2 BB
Sufficiently Up
Slightly volatile
Total Current Liabilities160.4 M272.9 M
Way Down
Slightly volatile
Non Current Liabilities Total3.2 BB
Sufficiently Up
Slightly volatile
Total Assets7.3 B6.9 B
Sufficiently Up
Slightly volatile
Total Current Assets258.9 M272.6 M
Notably Down
Slightly volatile
Total Cash From Operating Activities414.4 M394.6 M
Sufficiently Up
Slightly volatile
Debt Levels
Kite 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.
Liquidity
Kite Realty Group has 3.06 B in debt with debt to equity (D/E) ratio of 0.79, which is OK given its current industry classification. Kite Realty Group has a current ratio of 2.09, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Kite to invest in growth at high rates of return.

Net Income

49.87 Million
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 6.13 B. Kite Realty Group runs under Retail REITs sector within Real Estate industry. The entity has 219.67 M outstanding shares of which 5.55 M shares are now shorted by investors with about 3.67 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 Allocation
Kite 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

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
3.3 M
Nuveen Asset Management, Llc2024-06-30
3.2 M
Northern Trust Corp2024-09-30
3.1 M
Norges Bank2024-06-30
2.6 M
Millennium Management Llc2024-06-30
2.6 M
Bank Of New York Mellon Corp2024-06-30
2.2 M
Rush Island Management, Lp2024-06-30
2.1 M
American Century Companies Inc2024-09-30
M
William Blair Investment Management, Llc2024-09-30
1.9 M
Blackrock Inc2024-06-30
34.9 M
Vanguard Group Inc2024-09-30
33.3 M
View Kite Realty Diagnostics

Kite Realty Historical Income Statement

At this time, Kite Realty's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Kite Realty's current Operating Income is estimated to increase to about 136.6 M, while Gross Profit is projected to decrease to roughly 169.1 M. View More Fundamentals

Kite Stock Against Markets

Kite Realty Corporate Executives

Elected by the shareholders, the Kite Realty's board of directors comprises two types of representatives: Kite Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kite. The board's role is to monitor Kite Realty's management team and ensure that shareholders' interests are well served. Kite Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kite Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Heath JDExecutive CFOProfile
Pat CaseySenior CTOProfile
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 Transaction History module to view history of all your transactions and understand their impact on performance.
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
7.072
Dividend Share
1.01
Earnings Share
(0.04)
Revenue Per Share
3.769
Return On Assets
0.0145
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.