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

Kite Realty Group Trust (NYSE:KRG) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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

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

Kite Realty Group Trust Trading Down 2.4 %

Shares of KRG stock opened at $23.14 on Wednesday. Kite Realty Group Trust has a twelve month low of $19.64 and a twelve month high of $28.24. The stock’s fifty day simple moving average is $24.51 and its 200 day simple moving average is $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. The firm has a market capitalization of $5.08 billion, a P/E ratio of -574.50, a P/E/G ratio of 3.63 and a beta of 1.27.

Kite Realty Group Trust (NYSE:KRG) last issued its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. As a group, sell-side analysts predict that Kite Realty Group Trust will post 2.06 EPS for the current fiscal year.

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.