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KRG logo KRG
Upturn stock rating
KRG logo

Kite Realty Group Trust (KRG)

Upturn stock rating
$22.99
Last Close (24-hour delay)
Profit since last BUY-0.61%
upturn advisory
Consider higher Upturn Star rating
BUY since 4 days
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
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Upturn Advisory Summary

10/27/2025: KRG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

11 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $25.83

1 Year Target Price $25.83

Analysts Price Target For last 52 week
$25.83 Target price
52w Low $18.08
Current$22.99
52w High $26.86

Analysis of Past Performance

Type Stock
Historic Profit 2.45%
Avg. Invested days 45
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/27/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.15B USD
Price to earnings Ratio 29
1Y Target Price 25.83
Price to earnings Ratio 29
1Y Target Price 25.83
Volume (30-day avg) 11
Beta 1.16
52 Weeks Range 18.08 - 26.86
Updated Date 10/26/2025
52 Weeks Range 18.08 - 26.86
Updated Date 10/26/2025
Dividends yield (FY) 4.66%
Basic EPS (TTM) 0.79

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-10-29
When After Market
Estimate 0.07
Actual -

Profitability

Profit Margin 20.14%
Operating Margin (TTM) 21.83%

Management Effectiveness

Return on Assets (TTM) 1.75%
Return on Equity (TTM) 5.09%

Valuation

Trailing PE 29
Forward PE 66.67
Enterprise Value 7868274664
Price to Sales(TTM) 6.01
Enterprise Value 7868274664
Price to Sales(TTM) 6.01
Enterprise Value to Revenue 9.18
Enterprise Value to EBITDA 11.19
Shares Outstanding 219858193
Shares Floating 218130108
Shares Outstanding 219858193
Shares Floating 218130108
Percent Insiders 0.68
Percent Institutions 102.5

ai summary icon Upturn AI SWOT

Kite Realty Group Trust

stock logo

Company Overview

overview logo History and Background

Kite Realty Group Trust (KRG) was founded in 1960. It is a full-service, vertically integrated real estate investment trust (REIT) focused on owning, operating, developing, and acquiring open-air shopping centers and mixed-use assets. Initially focused on development, KRG has grown through acquisitions and organic growth.

business area logo Core Business Areas

  • Retail Properties: KRG's primary business is owning and operating open-air shopping centers and mixed-use assets. These properties generate rental income through leases with various tenants, including national retailers, grocers, restaurants, and service providers.
  • Property Management: KRG provides property management services for its owned properties. This includes tenant relations, leasing, and maintenance.
  • Development and Redevelopment: KRG undertakes development and redevelopment projects to enhance its existing portfolio and create value. This includes expanding existing centers, adding new tenants, and improving the overall shopping experience.

leadership logo Leadership and Structure

John A. Kite is the Chairman and Chief Executive Officer. The company operates with a standard REIT structure, with a Board of Trustees overseeing management.

Top Products and Market Share

overview logo Key Offerings

  • Open-Air Shopping Centers: KRG owns and operates a portfolio of open-air shopping centers. The value of the assets and revenue generated vary based on location, tenant mix, and occupancy rates. Competitors: Kimco Realty Corp (KIM), Regency Centers Corporation (REG).
  • Mixed-Use Properties: KRG also owns and operates mixed-use properties, typically combining retail with residential or office components. Revenue generated from these properties depends on lease agreements and occupancy rates. Competitors: Similar to open-air shopping centers but also include REITs with a broader focus.

Market Dynamics

industry overview logo Industry Overview

The retail REIT industry is influenced by consumer spending, e-commerce trends, and economic conditions. Open-air shopping centers are generally considered more resilient than enclosed malls. The industry is experiencing a period of adaptation as tenants seek to integrate online and in-store experiences.

Positioning

KRG focuses on high-quality, necessity-based and value-oriented retail centers located in growing markets. Their competitive advantages include a strong tenant base and a focus on open-air formats.

Total Addressable Market (TAM)

The total retail REIT market is estimated to be in the hundreds of billions of dollars. KRG captures a portion of this TAM by focusing on open-air shopping centers and mixed-use properties in select markets. It's a fragmented market with opportunities for consolidation.

Upturn SWOT Analysis

Strengths

  • Strong portfolio of open-air shopping centers
  • Experienced management team
  • Focus on growing markets
  • Diversified tenant base
  • Vertically integrated platform

Weaknesses

  • Reliance on tenant performance
  • Sensitivity to economic downturns
  • Exposure to interest rate fluctuations
  • Geographic concentration in certain markets

Opportunities

  • Acquisitions of well-located retail properties
  • Redevelopment and expansion of existing centers
  • Increased demand for experiential retail
  • Growth in mixed-use developments
  • Capitalize on demand for drive-thru locations

Threats

  • E-commerce competition
  • Economic recessions
  • Rising interest rates
  • Changes in consumer preferences
  • Increased construction costs

Competitors and Market Share

competitor logo Key Competitors

  • KIM
  • REG
  • FRT

Competitive Landscape

KRG competes with other REITs for acquisitions and tenants. Their advantages include their open-air focus and strong relationships. The market is competitive and requires strategic positioning.

Major Acquisitions

Regency Centers Corporation's shopping center portfolio

  • Year: 2021
  • Acquisition Price (USD millions): 238
  • Strategic Rationale: Increased their presence in growing markets and enhanced their portfolio with high-quality assets.

Growth Trajectory and Initiatives

Historical Growth: KRG's historical growth has been driven by acquisitions, development, and same-store NOI growth. Financials will confirm.

Future Projections: Future growth is projected to come from continued acquisitions, development projects, and increasing occupancy rates. Analyst estimates will indicate more.

Recent Initiatives: KRG has been focused on improving its portfolio quality, reducing debt, and investing in high-growth markets.

Summary

Kite Realty Group Trust strategically focuses on open-air shopping centers and mixed-use properties. The company's experienced leadership and a focus on high-growth markets position them well, but they must vigilantly manage the challenges posed by e-commerce and economic uncertainties. They should capitalize on new developments and enhance tenant experiences to mitigate the risk of potential recession. The growth trajectory hinges on successful acquisitions and redevelopment projects.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Financial data may be dated. Invest at your own risk.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Kite Realty Group Trust

Exchange NYSE
Headquaters Indianapolis, IN, United States
IPO Launch date 2004-08-11
Chairman of the Board of Trustees & CEO Mr. John A. Kite
Sector Real Estate
Industry REIT - Retail
Full time employees 227
Full time employees 227

Kite Realty Group (NYSE: KRG), a real estate investment trust (REIT), is a premier owner and operator 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 platform for both retailers and consumers. Publicly listed since 2004, KRG has over 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 June 30, 2025, the Company owned interests in 181 U.S. open-air shopping centers and mixed-use assets, comprising approximately 29.8 million square feet of gross leasable space.