KRG official logo KRG
KRG 1-star rating from Upturn Advisory
Kite Realty Group Trust (KRG) company logo

Kite Realty Group Trust (KRG)

Kite Realty Group Trust (KRG) 1-star rating from Upturn Advisory
$22.94
Last Close (24-hour delay)
Profit since last BUY-0.82%
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BUY since 28 days
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Upturn Advisory Summary

12/01/2025: KRG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

Number of Analysts

3 star rating from financial analysts

11 Analysts rated it

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

1 Year Target Price $25.82

1 Year Target Price $25.82

Analysts Price Target For last 52 week
$25.82 Target price
52w Low $18.08
Current$22.94
52w High $26.23

Analysis of Past Performance

Type Stock
Historic Profit 2.23%
Avg. Invested days 48
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.20B USD
Price to earnings Ratio 36.16
1Y Target Price 25.82
Price to earnings Ratio 36.16
1Y Target Price 25.82
Volume (30-day avg) 11
Beta 0.9
52 Weeks Range 18.08 - 26.23
Updated Date 11/28/2025
52 Weeks Range 18.08 - 26.23
Updated Date 11/28/2025
Dividends yield (FY) 4.68%
Basic EPS (TTM) 0.64

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 0.0513

Profitability

Profit Margin 16.3%
Operating Margin (TTM) 23.06%

Management Effectiveness

Return on Assets (TTM) 1.8%
Return on Equity (TTM) 4.24%

Valuation

Trailing PE 36.16
Forward PE 59.17
Enterprise Value 8055939797
Price to Sales(TTM) 6.07
Enterprise Value 8055939797
Price to Sales(TTM) 6.07
Enterprise Value to Revenue 9.4
Enterprise Value to EBITDA 12.11
Shares Outstanding 216505973
Shares Floating 214778255
Shares Outstanding 216505973
Shares Floating 214778255
Percent Insiders 0.69
Percent Institutions 103.29

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Kite Realty Group Trust

Kite Realty Group Trust(KRG) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Kite Realty Group Trust (KRG) was founded in 1960. Initially focused on developing and managing shopping centers, KRG has grown into a leading real estate investment trust (REIT) specializing in open-air shopping centers and mixed-use assets. Through strategic acquisitions and development, KRG has expanded its portfolio and geographic reach.

Company business area logo Core Business Areas

  • Open-Air Shopping Centers: KRG's primary focus is the ownership, development, and management of open-air shopping centers located in high-growth markets. These centers typically feature a mix of grocery stores, restaurants, and other retail tenants.
  • Mixed-Use Assets: KRG also invests in mixed-use properties that combine retail, residential, and office space. These assets are designed to create vibrant, walkable environments.
  • Property Management: KRG provides property management services for its own portfolio and, in some cases, for third-party owners.

leadership logo Leadership and Structure

Kite Realty Group Trust is led by Chairman and Chief Executive Officer, John A. Kite. The company operates with a typical REIT structure, with a board of trustees overseeing management.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Open-Air Shopping Centers: KRG's core offering is the lease and management of retail space within its open-air shopping centers. These centers provide essential goods and services to local communities. Market share is fragmented; KRG competes with numerous other REITs and private developers. Competitors include Kimco Realty (KIM), Regency Centers (REG), and Federal Realty Investment Trust (FRT). Revenue generated from leasing is their primary source of income.
  • Mixed-Use Developments: KRG also develops and manages mixed-use properties, integrating retail with residential and commercial spaces. Market share is similarly fragmented. Competitors include similar REITs developing mixed use assets. Again, revenue is generated from leasing.

Market Dynamics

industry overview logo Industry Overview

The retail REIT industry is characterized by evolving consumer preferences, the growth of e-commerce, and fluctuations in economic conditions. REITs are adapting by focusing on experiential retail, mixed-use developments, and high-growth markets.

Positioning

Kite Realty Group Trust is positioned as a leading owner and operator of open-air shopping centers in high-growth markets. Its competitive advantage lies in its focus on essential retail, its diversified tenant base, and its disciplined capital allocation strategy.

Total Addressable Market (TAM)

The total addressable market for retail REITs is estimated to be in the hundreds of billions of dollars. KRG's position focuses on open-air shopping centers and mixed-use developments allows it to capture a portion of this TAM, particularly in its target markets.

Upturn SWOT Analysis

Strengths

  • Strong portfolio of open-air shopping centers
  • Focus on high-growth markets
  • Diversified tenant base
  • Experienced management team
  • Disciplined capital allocation

Weaknesses

  • Exposure to retail industry risks
  • Reliance on leasing revenue
  • Interest rate sensitivity
  • Geographic concentration in certain markets

Opportunities

  • Acquisition of undervalued properties
  • Development of new mixed-use projects
  • Expansion into new markets
  • Enhancement of existing properties
  • Capitalize on e-commerce resistant retail

Threats

  • Economic downturn
  • Rising interest rates
  • Increased competition
  • Changes in consumer preferences
  • Overbuilding in certain markets

Competitors and Market Share

Key competitor logo Key Competitors

  • KIM
  • REG
  • FRT
  • SPG

Competitive Landscape

Kite Realty Group Trust competes with other REITs and private developers for tenants and acquisitions. Its competitive advantages include its focus on high-growth markets, its diversified tenant base, and its experienced management team. Disadvantages may include its relatively smaller size compared to some of its larger competitors.

Major Acquisitions

Retail Opportunity Investments Corp (ROIC)

  • Year: 2021
  • Acquisition Price (USD millions): 1100
  • Strategic Rationale: Increased KRG's presence in West Coast markets and expanded its portfolio of high-quality shopping centers.

Growth Trajectory and Initiatives

Historical Growth: Kite Realty Group Trust's historical growth has been driven by acquisitions, development projects, and same-store NOI growth. Growth rates have varied depending on market conditions and strategic initiatives.

Future Projections: Future growth projections depend on analyst estimates, which are influenced by factors such as economic growth, interest rates, and retail trends. Analyst reports and company guidance provide insights into future growth expectations.

Recent Initiatives: Recent strategic initiatives may include acquisitions, dispositions, development projects, and capital allocation decisions. These initiatives are aimed at enhancing the company's portfolio, improving operational efficiency, and maximizing shareholder value.

Summary

Kite Realty Group Trust is a well-positioned REIT focused on open-air shopping centers in growing markets. Its strengths lie in its focused portfolio and experienced management. However, the company faces risks associated with the retail industry and interest rate fluctuations. KRG should continue to capitalize on growth opportunities through strategic acquisitions and developments, while managing its debt and adapting to changing consumer preferences.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Company Investor Relations Materials
  • Analyst Reports
  • Industry Publications
  • Reliable financial data outlets

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market conditions and company performance can change rapidly, affecting the accuracy of this analysis.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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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 September 30, 2025, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 29.7 million square feet of gross leasable space.