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

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

Kite Realty Group Trust Stock Performance

Kite Realty Group Trust stock traded up $0.48 during mid-day trading on Tuesday, hitting $23.66. 2,553,302 shares of the company’s stock traded hands, compared to its average volume of 1,909,196. Kite Realty Group Trust has a one year low of $19.64 and a one year high of $28.24. The company has a market cap of $5.20 billion, a PE ratio of -591.38, a price-to-earnings-growth ratio of 3.63 and a beta of 1.27. The firm has a 50 day moving average price of $24.51 and a 200 day moving average price of $25.49. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.97.

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

Analysts Set New Price Targets

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

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.