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Kite Realty Group Trust  (NYSE: KRG)
Other Ticker:  
 
 
Price: $21.5400 $0.75 3.608%
Day's High: $21.58 Week Perf: 6.27 %
Day's Low: $ 20.92 30 Day Perf: -2.45 %
Volume (M): 455 52 Wk High: $ 28.24
Volume (M$): $ 9,806 52 Wk Avg: $23.92
Open: $21.16 52 Wk Low: $18.52



 Market Capitalization (Millions $) 4,740
 Shares Outstanding (Millions) 220
 Employees 227
 Revenues (TTM) (Millions $) 638
 Net Income (TTM) (Millions $) -91
 Cash Flow (TTM) (Millions $) 19
 Capital Exp. (TTM) (Millions $) 115

Kite Realty Group Trust
Kite Realty Group Trust is a real estate investment trust (REIT) that specializes in the acquisition, development, and management of neighborhood and community shopping centers in the United States.

Founded in 2004 and headquartered in Indianapolis, Indiana, Kite Realty Group Trust owns interests in 108 retail properties, totaling approximately 21.6 million square feet of gross leasable area. The company's properties are primarily located in the Midwest, South, and Southeast regions of the United States.

Kite Realty Group Trust's tenants include a diverse mix of national and regional retailers, as well as grocery stores, restaurants, and entertainment venues. Some of its top tenants include Target, Publix, Kohl's, TJ Maxx, and Ross Dress for Less.

The company has a development pipeline of approximately3 million square feet of gross leasable area, and is focused on expanding its portfolio through strategic acquisitions and developments. In recent years, Kite Realty Group Trust has also been actively selling non-core assets to streamline its portfolio.

Kite Realty Group Trust is committed to sustainability and has implemented various initiatives to reduce its environmental impact, including energy-efficient lighting and HVAC systems, sustainable landscaping practices, and recycling programs.

The company is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol KRG, and has a current market capitalization of approximately $1.25 billion (as of October 2021). Its senior management team includes industry veterans, including CEO John Kite and President and COO Tom McGowan.


   Company Address: 30 S. Meridian Street Indianapolis 46204 IN
   Company Phone Number: 577-5600   Stock Exchange / Ticker: NYSE KRG


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BRX        0.73% 
FRT        2.12% 
KIM        2.29% 
REG        3.26% 
SPG        1.48% 
VTR        2.75% 
• View Complete Report
   



Dividend

Kite Realty Group Set to Elevate Investor Returns with Strategic $1.1 Billion Credit Facilities Recast Amid Strong Market Signals

Published Fri, Jan 24 2025 1:30 PM UTC

In a strategic move signaling confidence in the market and aimed at enhancing shareholder value, Kite Realty Group (NYSE: KRG) has announced the allocation of its 2024 dividend distributions on common stock. The announcement, made on January 24, 2025, marks an important event for shareholders who anticipate generous returns amidst a climate of positive market dynamics.As par...

Financing Agreement

Kite Realty Group Strategically Recasts $1.1 Billion Credit Facilities Amidst Positive Market Momentum

Published Tue, Oct 8 2024 8:15 PM UTC

In a significant development for the commercial real estate sector, Kite Realty Group Trust (NYSE: KRG), a leader in the ownership and operation of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, has recently made notable strides in enhancing its financial positioning. On October 3, 2024, the Company announced the successful closing of an amende...

Shares

Kite Realty Group Trust Successfully Prices $350 Million Senior Notes Offering, Shares on the Rise,

Published Tue, Aug 13 2024 8:55 PM UTC

Kite Realty Group Trust Announces Successful Pricing of $350 Million Senior Notes Offering
Kite Realty Group Trust (NYSE: KRG) has announced the successful pricing of $350 million in senior notes due 2031 in an underwritten public offering. The notes will have a 4.950% interest rate and are expected to yield 5.062%. This offering is set to close on August 15, 2024, pendi...

Dividend

Kite Realty Group Trust Experiences Mixed Quarter Results; Shares Gain MomentumNote: The choice of title is subjective and may vary based on specific editorial preferences.

Published Tue, Jul 30 2024 8:15 PM UTC



In a recent press release, Kite Realty Group Trust (KRG), a leading owner and operator of open-air grocery-anchored centers and mixed-use properties, announced its operating results for the second quarter ended June 30, 2024. The report highlighted certain challenges, including a net loss for the quarter driven by impairment charges. However, KRG shares have been o...

Product Service News

Kite Realty Group Trust Receives S&P Upgrade to BBB Rating, Indicating Stability and Growth Potential

Published Fri, Jun 28 2024 8:15 PM UTC

In a recent announcement by Kite Realty Group Trust (NYSE: KRG), it was revealed that global credit rating agency S&P Ratings (S&P) has upgraded the company s issuer credit rating to BBB from BBB-, coupled with a stable outlook. This development signifies an important milestone for Kite Realty Group Trust and its operating partnership, Kite Realty Group L.P., indicating thei...






  Kite Realty Group Trust Outlook

On February 13 2024 the Kite Realty Group Trust provided following guidance

Kite Realty Group Trust, a leading company that owns and operates high-quality grocery-anchored neighborhood and community centers, as well as mixed-use assets, announced its operating results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter of 2023, the company reported a net income attributable to common shareholders of $8.0 million, or $0.04 per diluted share. This is a significant improvement compared to a net loss of $1.1 million, or $0.01 per diluted share, in the same quarter of the previous year.

For the full year 2023, Kite Realty Group Trust achieved a net income attributable to common shareholders of $47.5 million, or $0.22 per diluted share. This is a su...





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