Kite Realty Group Trust (NYSE:KRG – Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.51 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Kite Realty Group Trust Stock Up 0.9 %
Shares of NYSE KRG opened at $26.14 on Wednesday. Kite Realty Group Trust has a 1 year low of $19.64 and a 1 year high of $27.15. The firm’s 50-day moving average is $25.97 and its 200-day moving average is $23.47. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $5.74 billion, a PE ratio of 100.54, a price-to-earnings-growth ratio of 3.93 and a beta of 1.29.
Kite Realty Group Trust Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 16th. Investors of record on Wednesday, October 9th were issued a $0.26 dividend. This is a positive change from Kite Realty Group Trust’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 3.98%. The ex-dividend date was Wednesday, October 9th. Kite Realty Group Trust’s dividend payout ratio is currently 400.00%.
Analysts Set New Price Targets
View Our Latest Stock Analysis on KRG
Insider Transactions at Kite Realty Group Trust
In other news, Director Steven P. Grimes sold 37,295 shares of Kite Realty Group Trust stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $26.80, for a total transaction of $999,506.00. Following the transaction, the director now owns 732,252 shares in the company, valued at $19,624,353.60. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.00% of the stock is currently owned by insiders.
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.
See Also
- Five stocks we like better than Kite Realty Group Trust
- Trading Stocks: RSI and Why it’s Useful
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- How to Calculate Stock Profit
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- How to Find Undervalued Stocks
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
Receive News & Ratings for Kite Realty Group Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kite Realty Group Trust and related companies with MarketBeat.com's FREE daily email newsletter.