Stockholders of record on Friday, October 6th will be given a dividend of $0.24 per share on Friday, October 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.18%. Raises 2022 guidance Leased approximately 1.2 million square feet at 13.2% comparable blended cash leasing spreads Acquired grocery-anchored Palms Plaza (Boca Raton, FL) for $35.8 million Upsized revo… © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that https://1investing.in/ particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
Research Report for KRG
Style is calculated by combining value and growth scores, which are first individually calculated. 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 advantage of micr with the offering’s price… Over the previous 90 days, Kite Realty Group Trust’s stock had 1 downgrade by analysts. The underperformance of the markets cheapest stocks in 2022 was an anomaly. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. 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. KRG’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
- It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
- They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
- A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
- Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
Provides a general description of the business conducted by this company. The Barchart Technical Opinion rating is a 72% Buy with a Strengthening short term outlook on maintaining the current direction. Retail Opportunity Investments (ROIC) delivered FFO and revenue surprises of -3.85% and 1.28%, respectively, for the quarter ended March 2023. The changing retail landscape has put retail REITs under pressure.
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
With online spending growing rapidly, retail REITs could remain under pressure. Amid this backdrop, investors could look to avoid fundamentally… The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) 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.
Plus, KRG info will be updated daily in your Zacks.com Portfolio Tracker – also free. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Kite Realty Group Trust and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
Terms of Service apply.
KRG’s historical performance
against its industry peers and the overall market.
The average twelve-month price prediction for Kite Realty Group Trust is $25.38 with a high price target of $28.00 and a low price target of $22.00. 8 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Kite Realty Group Trust in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” KRG shares.
A hold rating indicates that analysts believe investors should maintain any existing positions they have in KRG, but not buy additional shares or sell existing shares. 8 Wall Street research analysts have issued 12-month target prices for Kite Realty Group Trust’s stock. On average, they expect the company’s share price to reach $25.38 in the next year. This suggests a possible upside of 10.4% from the stock’s current price.
However, the rise in e-commerce adoption and higher interest rates are woes. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. One share of KRG stock can currently be purchased for approximately $22.98. The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
Kite Realty Group Trust MarketRank™ Forecast
Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of KRG’s
competitive advantage. Sign-up to receive the latest news and ratings for KRG and its competitors with MarketBeat’s FREE daily newsletter. SOUTHLAKE, Texas–(BUSINESS WIRE) is off to a great start with a host of new retail openings at Southlake Town Square, DFW’s premier lifestyle destination.
The consensus rating score for Kite Realty Group Trust is 2.38 while the average consensus rating score for finance companies is 2.41. Raises 2022 guidance Leased over 1 million square feet at 16.1% comparable blended cash leasing spreads Acquired $66 million of high-quality Sun Belt assets Share repurchase program upsized to $300 mi… 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. Style is an investment factor that has a meaningful impact on investment risk and returns.
Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Kite Realty Group Trust shares reverse split before market open on Tuesday, August 12th 2014. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 11th 2014.
An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split. According to analysts, Kite Realty Group Trust’s stock has a predicted upside of 20.30% based on their 12-month price targets. According to 8 analysts, the average rating for KRG stock is “Buy.” The 12-month stock price forecast is $25.14, which is an increase of 9.30% from the latest price. Kite Realty Group Trust issued an update on its FY 2023 earnings guidance on Monday, July, 31st. The company provided earnings per share guidance of $1.96-$2.00 for the period, compared to the consensus EPS estimate of $1.95. Kite Realty Group Trust announced a quarterly dividend on Friday, July 28th.
View analysts price targets for KRG or view top-rated stocks among Wall Street analysts. Kite Realty Group Trust operates as a real estate investment trust. It engages in the ownership, operation, acquisition, development, and redevelopment of neighborhood and community shopping centers in selected markets in the United States. The company was founded on August 16, 2004 and is headquartered in Indianapolis, IN. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals.