Kite Realty Group Trust (NYSE:KRG) Issues FY 2025 Earnings Guidance

Kite Realty Group Trust (NYSE:KRG) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.020-2.080 for the period, compared to the consensus estimate of 2.100. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on KRG shares. Wells Fargo & Company decreased their price target on Kite Realty Group Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 29th. KeyCorp upped their price objective on shares of Kite Realty Group Trust from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Robert W. Baird raised their target price on shares of Kite Realty Group Trust from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. JPMorgan Chase & Co. decreased their price target on shares of Kite Realty Group Trust from $30.00 to $27.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Finally, Jefferies Financial Group lowered Kite Realty Group Trust from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $31.00 to $27.00 in a research note on Thursday, January 2nd. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.13.

Kite Realty Group Trust Stock Performance

Shares of KRG traded up $0.48 during trading hours on Tuesday, reaching $23.66. 2,553,302 shares of the company traded hands, compared to its average volume of 1,909,196. The company has a debt-to-equity ratio of 0.97, a quick ratio of 3.08 and a current ratio of 3.08. The stock’s fifty day moving average is $24.51 and its 200 day moving average is $25.49. Kite Realty Group Trust has a 1-year low of $19.64 and a 1-year high of $28.24. The stock has a market cap of $5.20 billion, a P/E ratio of -591.38, a price-to-earnings-growth ratio of 3.63 and a beta of 1.27.

Kite Realty Group Trust (NYSE:KRG) last posted its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $0.53 EPS for the quarter, beating the consensus estimate of $0.08 by $0.45. Kite Realty Group Trust had a negative return on equity of 0.28% and a negative net margin of 1.18%. Equities research analysts anticipate that Kite Realty Group Trust will post 2.06 earnings per share for the current fiscal year.

Kite Realty Group Trust Company Profile

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets.