Analyzing Kite Realty Group Trust (NYSE:KRG) and Vicinity Centres (OTCMKTS:CNRAF)

Kite Realty Group Trust (NYSE:KRG) and Vicinity Centres (OTCMKTS:CNRAF) are both real estate companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.

Profitability

This table compares Kite Realty Group Trust and Vicinity Centres’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Kite Realty Group Trust	-2.95%	-0.69%	-0.35%
Vicinity Centres	N/A	N/A	N/A

Insider & Institutional Ownership

90.8% of Kite Realty Group Trust shares are held by institutional investors. 2.0% of Kite Realty Group Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Kite Realty Group Trust and Vicinity Centres’ top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kite Realty Group Trust	$827.37 million	6.68	$47.50 million	$0.26	96.85
Vicinity Centres	N/A	N/A	N/A	N/A	N/A

Kite Realty Group Trust has higher revenue and earnings than Vicinity Centres.

Analyst Recommendations

This is a breakdown of current ratings for Kite Realty Group Trust and Vicinity Centres, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Kite Realty Group Trust	1	1	4	1	2.71
Vicinity Centres	0	0	0	0	N/A

Kite Realty Group Trust presently has a consensus target price of $26.57, indicating a potential upside of 5.53%. Given Kite Realty Group Trust’s higher probable upside, equities analysts clearly believe Kite Realty Group Trust is more favorable than Vicinity Centres.

Summary

Kite Realty Group Trust beats Vicinity Centres on 6 of the 9 factors compared between the two stocks.

About Kite Realty Group Trust

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. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of December 31, 2023, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.1 million square feet of gross leasable space.

About Vicinity Centres

Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 59 shopping centres (including the DFO Brisbane business) and manages 30 assets on behalf of Strategic Partners, 29 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code 'VCX' and has 24,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code 'VCD'.