KRG - Kite Realty Group Trust

NYSE - NYSE Delayed Price. Currency in USD
19.12
-0.04 (-0.21%)
At close: 4:03PM EST
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Previous Close19.16
Open19.11
Bid19.14 x 900
Ask0.00 x 800
Day's Range19.07 - 19.26
52 Week Range13.66 - 19.77
Volume380,866
Avg. Volume477,287
Market Cap1.606B
Beta (3Y Monthly)0.79
PE Ratio (TTM)N/A
EPS (TTM)-0.57
Earnings DateFeb 17, 2020 - Feb 21, 2020
Forward Dividend & Yield1.27 (6.55%)
Ex-Dividend Date2019-12-19
1y Target Est18.00
  • GlobeNewswire

    Kite Realty Group Trust Announces Quarterly Common Dividend

    Kite Realty Group Trust (KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.3175 per common share for the quarter ending December 31, 2019. This distribution will be paid on or about December 27, 2019, to shareholders of record as of December 20, 2019. Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences.

  • Thomson Reuters StreetEvents

    Edited Transcript of KRG earnings conference call or presentation 6-Nov-19 3:00pm GMT

    Q3 2020 Kite Realty Group Trust Earnings Call

  • Kite Realty Group (KRG) Meets Q3 FFO Estimates
    Zacks

    Kite Realty Group (KRG) Meets Q3 FFO Estimates

    Kite Realty Group (KRG) delivered FFO and revenue surprises of 0.00% and -3.58%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Kite Realty Group Trust Reports Continued Strong 2019 Operating Results and Completion of Project Focus Disposition Program

    INDIANAPOLIS, Nov. 05, 2019 -- Kite Realty Group Trust (NYSE:KRG) (“KRG”) reported today its operating results for the third quarter ended September 30, 2019. “As previously.

  • Our Take On Kite Realty Group Trust's (NYSE:KRG) CEO Salary
    Simply Wall St.

    Our Take On Kite Realty Group Trust's (NYSE:KRG) CEO Salary

    John Kite has been the CEO of Kite Realty Group Trust (NYSE:KRG) since 2004. First, this article will compare CEO...

  • Here is What Hedge Funds Think About Kite Realty Group Trust (KRG)
    Insider Monkey

    Here is What Hedge Funds Think About Kite Realty Group Trust (KRG)

    Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]

  • GlobeNewswire

    Kite Realty Group Trust Completes Disposition Program – Fortifying Its Balance Sheet, Improving Asset Quality and Focusing on Target Markets

    Kite Realty Group Trust (KRG) (“KRG”) announced today that it achieved the high end of its 2019 disposition guidance by selling $502 million in assets since January 1, 2019.  This marks the end of Project Focus. The properties sold by KRG traded at a weighted average cap rate of approximately 8%.  The 2019 and annualized FFO impacts of this program remain as previously disclosed. “We are extremely pleased with the results of Project Focus and the speed at which we completed our plan,” said John A. Kite, Chairman and CEO.

  • GlobeNewswire

    Kite Realty Group and University of Notre Dame Break Ground on New Robinson Community Learning Center in South Bend

    Kite Realty Group Trust (KRG) and the University of Notre Dame have broken ground on a new Robinson Community Learning Center (RCLC) at KRG’s Eddy Street Commons at Notre Dame mixed-use development in South Bend, Indiana. The RCLC is a learning center and gathering place for South Bend’s Northeast Neighborhood residents, offering educational programming for youth and adults as well as classes, clubs, and lectures for seniors.

  • GlobeNewswire

    Kite Realty Group Trust to Report Third Quarter 2019 Financial Results on November 5, 2019

    INDIANAPOLIS, Sept. 12, 2019 -- Kite Realty Group Trust (NYSE:KRG) announced today that it will release financial results for the quarter ending September 30, 2019, after the.

  • Those Who Purchased Kite Realty Group Trust (NYSE:KRG) Shares Three Years Ago Have A 47% Loss To Show For It
    Simply Wall St.

    Those Who Purchased Kite Realty Group Trust (NYSE:KRG) Shares Three Years Ago Have A 47% Loss To Show For It

    As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...

  • Thomson Reuters StreetEvents

    Edited Transcript of KRG earnings conference call or presentation 6-Aug-19 2:00pm GMT

    Q2 2019 Kite Realty Group Trust Earnings Call

  • Kite Realty Group Trust (KRG) Q2 2019 Earnings Call Transcript
    Motley Fool

    Kite Realty Group Trust (KRG) Q2 2019 Earnings Call Transcript

    KRG earnings call for the period ending June 30, 2019.

  • Kite Realty Group (KRG) Q2 FFO Match Estimates
    Zacks

    Kite Realty Group (KRG) Q2 FFO Match Estimates

    Kite Realty Group (KRG) delivered FFO and revenue surprises of 0.00% and 0.77%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Kite Realty Group Trust Reports Substantial Progress on Deleveraging and Disposition Program Along with Strong Second Quarter 2019 Operating Results

    INDIANAPOLIS, Aug. 05, 2019 -- Kite Realty Group Trust (NYSE:KRG) (“KRG”) reported today its operating results for the second quarter ended June 30, 2019. “We are extremely.

  • GlobeNewswire

    James Beard Award-Winning Chef, Ashley Christensen, to Open New Restaurant Concept at Parkside Town Commons

    Renowned restaurateur, author, and 2019 James Beard Award winner for Outstanding Chef, Ashley Christensen, will be bringing her signature fried chicken and a new fast-casual restaurant to Parkside Town Commons in Cary, NC. Owned and operated by Kite Realty Group Trust (KRG), Parkside Town Commons is an open-air community and entertainment center serving the Research Triangle Park area, located at the intersection of North Carolina Highway 55 and Interstate 540. “I have often thought about the right way to expand our reach beyond downtown Raleigh, and this is the perfect opportunity,” says Christensen.

  • Kite Realty Group Trust (NYSE:KRG) Investors Should Think About This Before Buying It For Its Dividend
    Simply Wall St.

    Kite Realty Group Trust (NYSE:KRG) Investors Should Think About This Before Buying It For Its Dividend

    Today we'll take a closer look at Kite Realty Group Trust (NYSE:KRG) from a dividend investor's perspective. Owning a...

  • 5 Real Estate Stocks to Buy for Dividend Income
    InvestorPlace

    5 Real Estate Stocks to Buy for Dividend Income

    Editor's note: This story was previously published in May 2019. It has since been updated and republished.Real estate stocks have become a popular income investment vehicle. Most operate as real estate investment trusts (REITs). These REITs are supposed to pay at least 90% of their income in the form of dividends. In exchange, REIT do not have to pay income tax on the net income generated from their properties.For this reason, REITs tend to pay higher dividends than most stocks. The average S&P 500 stock now generates a dividend yield of 1.9%. The average equity (meaning non-mortgage) REIT currently yields an average 3.9% return.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks That Should Be Every Young Investor's First Choice However, some pay a much higher dividend and can sustain that payout for several years. This occurs even as lifestyle changes and technology affect the demand for and use of properties. In our dynamic economy, these five real estate stocks have maintained strong, steady dividends amid the changes, Consequently, I believe they are good stocks to buy Kite Realty (KRG)At first glance, Kite Realty (NYSE:KRG) may seem like a strange name to include on a list of real estate stocks to buy. In an overbuilt retail real estate market, many investors want to avoid the retail REIT sector in which KRG operates.Source: m01229 via FlickrHowever, investors need to remember that brick-and-mortar retail is not dying, it is merely shrinking. Hence, prospective buyers should not necessarily avoid these stocks. Amid the abandoned malls across the landscape, retail REITs such as KRG stock have found a way to thrive.Kite Realty has the good fortune (or good business sense) of owning property mostly in high-growth markets. Even in an overbuilt market, KRG maintains high occupancy and lease rates. Moreover, it is reshuffling its portfolio to increase this geographic focus. This has led to increased buying among insiders and hedge funds.This may explain why the KRG stock price has begun to recover. KRG fell from just above $30 per share in 2016 before opening 2019 near its $13.66 52-week low. However, since then the stock has risen to above $15 per share.The dividend has increased every year since 2014. Thanks to these payout hikes and a falling stock price, the $1.27 per share annual dividend yields above 8%. Retail REITs may look scary right now, but even in this depressed retail real estate market, KRG stock can still offer generous dividend yields at a reasonable price, so it definitely deserves to be included on a list of real estate stocks to buy for dividend income. Omega Healthcare (OHI)Omega Healthcare (NYSE:OHI) is an equity REIT specializing in skilled nursing and assisted living facilities across the U.S. and U.K. The company operates under a "triple-net" arrangement, meaning the lessor takes responsibility for taxes, insurance, and maintenance costs.Source: Shutterstock Thanks to the aging of the baby boom generation, around 10,000 people per day age into the Medicare system. Hence, demographics serve as the growth engine for this and many real estate stocks of this type.The peak of the baby boom occurred in 1957, meaning this trend should peak in 2022. However, I think this growth should remain strong until 2029 when the last of the baby boom generation reaches age 65.The dividend has enjoyed a steady growth trend since 2003. Today, the company pays an annual dividend of $2.64 per share. This takes the yield to just below 7%. * 7 F-Rated Stocks to Sell for Summer Unlike many REITs, OHI stock may bring some stock price growth. The forward P/E stands at about 28. This may seem high for a REIT. However, analysts forecast an average growth rate of 15.8% per year over the next five years.For this reason, both the dividend and the price of OHI stock should move higher over the next few years. Like with all healthcare REITs, I think investors need to stay mindful of demographics. However, as long as baby boomers keep aging into Medicare, I believe OHI will continue to prosper, justifying its inclusion on this list of real estate stocks to buy for dividend income. Senior Housing Properties Trust (SNH)As the name implies, Senior Housing Properties Trust (NYSE:SNH) operates 443 properties spread across 42 states and Washington, D.C. These consist of medical facilities, wellness centers, and communities for senior living spread across the United States. Like Omega, SNH stock should also benefit from a large baby boom generation aging into Medicare.Source: WikipediaThe annual dividend currently stands at 60 cents per share, leading to a yield of 6.94%.Like many real estate stocks, SNH tends to see little price movement. SNH stock traded at about $9 per share at the time of its IPO in 2000. It sells for around $8.65 per share today and has fallen from a high above $28 per share in 2013.If history serves as an indication, I would expect little price appreciation. However, for those who want a high dividend that should hold up for most of the next decade, SNH stock will serve that purpose well, making it one of the top five real estate stocks to buy for dividend income. STAG Industrial (STAG)STAG Industrial (NYSE:STAG) buys and operates single-tenant industrial properties across the United States. It owns 76.8 million sq. feet of space spread across 390 properties in 37 states.Source: Shutterstock STAG stock and other industrial real estate stocks have benefited from an unexpected source of revenue over the last few years -- e-commerce. As more retail business moves online, a large portion of retail real estate activity has moved into warehouses.Thanks to Amazon (NASDAQ:AMZN) and other e-retailers, industrial space has rented as a premium. This premium has gone into profits, and by extension, dividends. Investors now receive 48 cents per share annually, a yield of 4.65%. Best of all, payouts come in the form of monthly dividends that have grown steadily over time. * 7 Stocks to Buy for a Dovish Fed Moreover, the dividend should become a more critical component of STAG stock as growth slows down. After seeing an average 65% annual growth rate in the previous five years, analysts forecast growth of only 7% per year for the next five years. As a result, the stock has almost tripled since its low in 2011. I would expect with slower growth, the move higher should stop.Still, blurring the line between industrial and retail properties has permanently changed the industry for STAG. The business created by e-commerce will not go away. Even if growth in the STAG stock price slows, expect the equity to maintain its stable, high-yielding monthly dividend, making it a top real estate stock to buy for dividend income. Vereit (VER)Vereit (NYSE:VER) is one of the few equity real estate stocks that does not limit itself to one property type. This diversified REIT owns and operates industrial, office, restaurant, and retail properties across the country.Source: lee via FlickrIts portfolio consists of 95 million square feet spread across approximately 4,000 properties. The REIT owns buildings in 49 U.S. states as well as Puerto Rico.VER stock had peaked at just above $15 per share in 2013, and it has declined for most of the time since. However, after bottoming at $6.52 nearly a year ago, the equity has turned around. Today, it trades at around $9, near its 52-week high. While I would not rule out a recovery, I would still recommend this primarily for income investors.The dividend has delivered stability and steady increases over the same time frame. Right now, VER pays an annual dividend of 56 cents per share. That comes to a yield of about 6.02%. Though the company does not increase the dividend annually, it did hike the quarterly payout in 2018 and 2015, the year it switched from monthly to quarterly dividends.Time will tell whether the VER stock price continues its move higher. Still, with a diversified real estate portfolio and steady, high-yield dividends, income investors should do well in Vereit regardless of the price action, so it's definitely one of the top five real estate stocks to buy for dividend income.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC The post 5 Real Estate Stocks to Buy for Dividend Income appeared first on InvestorPlace.

  • GlobeNewswire

    Kite Realty Group Trust to Report Second Quarter 2019 Financial Results on August 5, 2019

    INDIANAPOLIS, June 17, 2019 -- Kite Realty Group Trust (NYSE:KRG) announced today that it will release financial results for the quarter ending June 30, 2019, after the market.

  • Moody's

    Kite Realty Group Trust -- Moody's announces completion of a periodic review of ratings of Kite Realty Group Trust

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Kite Realty Group Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Is Kite Realty Group Trust (NYSE:KRG) A Healthy REIT?
    Simply Wall St.

    Is Kite Realty Group Trust (NYSE:KRG) A Healthy REIT?

    Kite Realty Group Trust is a US$1.3b small-cap, real estate investment trust (REIT) based in Indianapolis, United...

  • GlobeNewswire

    Kite Realty Group Trust to Present at NAREIT’s REITweek 2019 Investor Conference

    INDIANAPOLIS, June 03, 2019 -- Kite Realty Group Trust (NYSE:KRG) announced today that it will present at NAREIT's REITweek 2019 Investor Conference on Wednesday, June 5th at.