Kite Realty Group Trust

Kite Realty Group Trust

KRG · NYSE · Real Estate / REIT - Retail

25.55USD-0.14 (-0.54%)

Price History

Full chart

Market Stats

Previous Close25.69
Open25.44
Day Range25.43 – 25.74
52-Week Range20.62 – 29.92
Volume1.56M
Market Cap5.16B
P/E (TTM)15.50
Forward P/E42.55
EPS1.60
Dividend Yield4.68%
Beta0.83
50-Day Avg26.69
200-Day Avg26.02

About

Kite Realty Group Trust is a real estate investment trust (REIT) that owns and operates a high-quality portfolio of open-air shopping centers and mixed-use destinations. The Company's portfolio is concentrated in high-growth Sun Belt and select strategic gateway markets. Publicly listed since 2004, KRG has more than six decades of experience in developing, operating, and investing in real estate, using a disciplined, hands-on approach to enhance portfolio quality and maximize long-term value for all stakeholders. As of June 30, 2026, the Company owned interests in 165 U.S. open-air shopping centers and mixed-use assets, comprising approximately 26.4 million square feet of gross leasable space. Kite Realty Group Trust was incorporated in 1971 in Maryland and based in Indianapolis.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. John A. Kite
  • Employees228
  • Headquarters30 South Meridian Street, Indianapolis, IN, United States, 46204, USA
  • Websitehttps://www.kiterealty.com

Leadership

  • Mr. John A. KiteChairman of the Board of Trustees & CEO · b. 1966
  • Mr. Thomas K. McGowanPresident & COO · b. 1965
  • Mr. Heath R. Fear J.D.President & CFO · b. 1969
  • Mr. Adam M. Jaworski CPASenior VP & Chief Accounting Officer · b. 1974
  • Mr. Tyler HenshawSenior Vice President of Capital Markets, Investor Relations & Corporate Finance
  • Mr. Jack RahnerSenior VP and Chief Technology & Innovation Officer
  • Mr. Chris NavejaSVP, Chief Administration & Transformation Officer
  • Mr. Dean J. PapadakisSenior VP, Chief Legal Officer & Corporate Secretary
  • Mr. Bryan McCarthySenior Vice President of Corporate Marketing & Communications
  • Ms. Mellissa M. Boggs SPHRExecutive Vice President of Employee Experience

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue10.76M28.37M27.76M49.10M99.36M131.93M138.75M142.70M115.29M101.42M101.91M101.05M129.49M259.53M347.00M354.12M358.82M354.18M315.17M266.64M373.32M802.00M823.00M841.84M847.63M
Growth (%)-+163.53%-2.15%+76.88%+102.38%+32.77%+5.17%+2.84%-19.21%-12.04%+0.49%-0.84%+28.14%+100.43%+33.71%+2.05%+1.33%-1.29%-11.01%-15.40%+40.01%+114.83%+2.62%+2.29%+0.69%
Cost of Revenue6.44M19.51M11.54M13.19M21.82M35.90M32.08M33.79M35.38M35.88M32.75M31.02M36.99M68.65M90.88M90.76M92.82M92.73M84.35M76.88M105.09M211.81M210.38M217.49M396.24M
Gross Profit4.33M8.86M16.22M35.91M77.54M96.03M106.68M108.91M79.91M65.54M69.16M70.04M92.50M190.88M256.13M263.36M266.00M261.45M230.82M189.77M268.23M590.19M612.62M624.35M451.39M
Gross Margin40.20%31.22%58.44%73.13%78.04%72.79%76.88%76.32%69.31%64.62%67.87%69.31%71.43%73.55%73.81%74.37%74.13%73.82%73.24%71.17%71.85%73.59%74.44%74.16%53.25%
Operating Expense1.44M5.41M10.62M26.00M46.92M59.83M65.19M70.42M49.93M46.10M43.35M48.87M64.90M161.55M184.33M197.94M201.25M240.42M159.06M154.75M289.76M498.52M460.38M512.96M255.54M
Operating Income2.89M3.44M5.60M9.90M30.62M36.20M41.49M38.50M29.98M19.43M25.81M21.17M27.59M29.33M71.80M65.42M64.75M21.03M71.76M35.01M-21.52M91.67M152.24M111.39M195.85M
Operating Margin26.81%12.14%20.19%20.17%30.82%27.44%29.90%26.98%26.01%19.16%25.33%20.95%21.31%11.30%20.69%18.47%18.04%5.94%22.77%13.13%-5.77%11.43%18.50%13.23%23.11%
EBITDA3.25M4.28M8.62M22.24M54.27M67.74M48.41M78.74M66.07M60.23M64.03M55.60M85.29M152.95M231.82M248.59M254.12M176.21M193.84M164.36M181.56M565.13M436.91M528.23M809.90M
EBITDA Margin30.16%15.09%31.06%45.29%54.62%51.35%34.89%55.18%57.31%59.39%62.83%55.02%65.86%58.93%66.81%70.20%70.82%49.75%61.50%61.64%48.63%70.47%53.09%62.75%95.55%
Net Income1.51M2.24M1.74M-524.70K13.44M10.18M13.52M6.09M-1.78M-8.27M4.98M-4.33M-2.85M-5.70M27.12M1.18M11.87M-46.57M-534.00K-16.22M-80.81M-12.64M47.50M4.07M298.66M
Net Income Margin14.04%7.89%6.29%-1.07%13.52%7.72%9.75%4.27%-1.55%-8.16%4.89%-4.29%-2.20%-2.20%7.81%0.33%3.31%-13.15%-0.17%-6.08%-21.65%-1.58%5.77%0.48%35.23%
R&D----------00000000.13-0.060.220.020.06--
R&D as % of Total Revenue----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.00%0.00%0.00%0.00%--
Interest Expense0004.21B18.09M21.47M25.97M29.37M27.15M28.53M25.29M25.66M27.99M45.51M56.43M65.58M65.70M66.78M59.27M50.40M60.45M104.28M105.35M125.69M123.48M
Interest Expense % of Total Revenue0.00%0.00%0.00%8568.95%18.20%16.27%18.71%20.58%23.55%28.13%24.82%25.39%21.62%17.54%16.26%18.52%18.31%18.86%18.80%18.90%16.19%13.00%12.80%14.93%14.57%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets49.09M71.39M171.47M569.75M799.23M983.16M1.05B1.11B1.14B1.13B1.19B1.29B1.76B3.87B3.77B3.66B3.51B3.17B2.65B2.61B7.61B7.34B6.94B7.09B6.66B
Total Liabilities49.63M70.95M164.64M411.50M515.50M708.95M783.88M822.68M758.24M702.80M737.81M774.37M962.89M1.85B1.95B1.92B1.87B1.71B1.31B1.38B3.68B3.52B3.30B3.68B3.47B
Total Equity-535.00K434.00K6.83M158.20M278.88M269.91M259.62M284.96M375.08M423.06M409.37M473.09M801.03M2.03B1.82B1.73B1.64B1.46B1.34B1.23B3.93B3.83B3.57B3.31B3.07B
Cash1.20M3.49M2.19M10.10M15.21M23.95M19.00M9.92M19.96M15.39M10.04M12.48M18.13M43.83M33.88M19.87M24.08M35.38M31.34M43.65M93.24M115.80M36.41M128.06M36.76M
Total Debt40.54M58.71M142.97M283.48M375.25M566.98M646.83M677.66M658.29M610.93M689.12M699.91M1.00B1.56B1.75B1.81B1.76B1.59B1.15B1.20B3.21B3.30B3.06B3.23B3.37B
Net Debt39.34M55.22M140.78M273.38M360.04M543.02M627.83M667.74M638.34M595.53M679.08M687.43M839.01M1.51B1.70B1.71B1.68B1.51B1.12B1.13B3.06B2.89B3.02B3.10B3.33B

Cash Flow

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.65M4.45M12.54M23.52M30.41M37.65M40.57M20.99M30.27M32.23M23.27M52.10M42.18M169.34M154.93M153.66M154.38M137.96M95.52M100.35M379.28M394.65M419.03M429.66M
Investing Cash Flow--92.50M-227.30M-205.97M-220.06M-96.69M-95.69M-54.85M-36.40M-86.54M-71.62M-514.90M186.93M-84.40M-82.66M-126.00K148.33M416.59M-80.84M-91.03M-45.15M-81.73M-498.99M613.53M
Financing Cash Flow16.62M86.75M222.67M187.56M198.40M54.09M46.04M43.90M1.57M48.96M50.79M468.45M-203.79M-94.89M-86.28M-149.32M-289.39M-547.25M-20.90M44.46M-312.53M-393.46M172.09M-698.35M
Capital Expenditure048.55M155.06M178.49M446.95M208.23M117.85M36.81M39.03M79.93M114.15M112.58M94.55M92.56M94.32M70.53M59.30M53.28M38.27M57.31M158.54M142.58M140.95M152.00M
Free Cash Flow--44.10M-142.51M-154.97M-416.54M-170.57M-77.28M-15.82M-8.77M-47.70M-90.88M-60.48M-52.37M76.77M60.61M83.13M95.08M84.68M57.25M43.04M220.74M252.07M278.08M277.65M
Dividends Paid-9.91M13.48M23.35M28.19M29.46M31.68M23.72M15.55M20.94M23.14M29.05M55.11M97.96M94.67M101.13M106.32M133.26M38.13M57.80M179.62M210.55M221.79M236.48M
FCF to OCF--991.10%-1136.17%-658.78%-1369.74%-453.03%-190.50%-75.34%-28.97%-148.02%-390.51%-116.10%-124.17%45.34%39.12%54.10%61.59%61.38%59.94%42.89%58.20%63.87%66.36%64.62%
Dividend Paid to FCF--22.47%-9.46%-15.07%-6.77%-17.27%-40.99%-150.01%-177.33%-43.90%-25.46%-48.03%-105.23%127.60%156.18%121.65%111.82%157.36%66.60%134.30%81.37%83.53%79.76%85.17%

Earnings

Report DateSep 24, 2004Nov 5, 2004Feb 10, 2005May 5, 2005Aug 5, 2005Nov 7, 2005Feb 9, 2006May 8, 2006Aug 7, 2006Nov 6, 2006Feb 20, 2007May 9, 2007Aug 8, 2007Nov 7, 2007Feb 7, 2008May 8, 2008Aug 7, 2008Nov 5, 2008Feb 18, 2009May 7, 2009Aug 4, 2009Nov 5, 2009Feb 17, 2010May 5, 2010Aug 4, 2010Nov 3, 2010Feb 16, 2011May 5, 2011Aug 4, 2011Nov 2, 2011Feb 8, 2012May 3, 2012Aug 2, 2012Nov 1, 2012Feb 7, 2013May 2, 2013Aug 8, 2013Oct 31, 2013Feb 10, 2014May 1, 2014Jul 31, 2014Nov 3, 2014Feb 5, 2015Apr 30, 2015Jul 29, 2015Oct 29, 2015Feb 4, 2016Apr 28, 2016Jul 28, 2016Oct 27, 2016Feb 2, 2017Apr 26, 2017Jul 26, 2017Oct 26, 2017Feb 1, 2018Apr 25, 2018Aug 1, 2018Oct 31, 2018Feb 19, 2019May 6, 2019Aug 5, 2019Nov 5, 2019Feb 18, 2020May 6, 2020Aug 5, 2020Oct 28, 2020Feb 11, 2021Apr 29, 2021Aug 2, 2021Oct 28, 2021Feb 14, 2022Apr 28, 2022Aug 2, 2022Nov 2, 2022Feb 13, 2023May 1, 2023Jul 31, 2023Oct 30, 2023Feb 13, 2024Apr 30, 2024Jul 30, 2024Oct 30, 2024Feb 11, 2025Apr 29, 2025Jul 30, 2025Oct 29, 2025Feb 17, 2026May 5, 2026Jul 30, 2026Nov 4, 2026
EPS Estimate---1.08-0.900.040.32--0.400.360.440.480.600.480.520.320.40-0.20-0.080.030.08-0.04-0.01-0.04-0.05-0.10-0.02-0.01-0.05-0.08-0.08-0.12-0.12-0.04-0.30-0.07-0.110.02-0.01-0.15-0.180.050.06--0.010.500.010.01-0.04-0.01-0.020.490.030.020.060.030.040.030.07-0.010.020.01-0.06-0.05-0.11-0.05-0.03-0.02-0.01-0.09-0.11-0.08-0.05-0.03-0.030.030.010.030.070.080.110.100.050.070.100.090.520.52
EPS Actual-0.08-0.290.200.360.360.400.360.240.210.440.520.240.360.520.720.360.320.40-0.400.080.040.120.04-0.08-0.24-0.16-0.08-0.12-0.08-0.04-0.05-0.24-0.18-0.20-0.46-0.00-0.16-0.17-0.070.02-0.06-0.200.040.020.060.060.060.02-0.02-0.020.040.510.12-0.010.03-0.21-0.020.05-0.370.07-0.020.020.04-0.01-0.06-0.09-0.04-0.020.010.01-0.52-0.09-0.05-0.04-0.010.020.020.040.040.050.080.070.100.110.030.050.050.080.52-
Surprise----66.67%--55.56%800.00%-25.00%--30.00%-33.33%-18.18%8.33%20.00%-25.00%-38.46%25.00%-200.00%140.00%150.00%300.00%-50.00%-100.00%-2300.00%-300.00%-60.00%-20.00%-300.00%-300.00%0.00%-200.00%-125.00%-66.67%-283.33%89.50%46.67%-142.86%36.36%0.00%-500.00%-33.33%122.22%-60.00%-8.33%-700.00%-96.02%-300.00%-300.00%200.00%5200.00%700.00%-102.03%0.00%-1150.00%-133.33%66.67%-1025.00%133.33%-128.57%300.00%100.00%-200.00%0.00%-80.00%63.64%60.00%133.33%150.00%-5100.00%0.00%54.55%50.00%80.00%166.67%166.67%33.33%300.00%66.67%14.29%-12.50%-9.09%10.00%-40.00%-28.57%-50.00%-7.29%0.00%-
Timing---After-hours-After-hoursAfter-hours---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap5.16B
Enterprise Value7.72B
Trailing P/E15.50
Forward P/E42.55
PEG Ratio3.14
Price / Sales6.31
Price / Book1.75
EPS1.60
Book Value14.32
Revenue (TTM)806.85M
Gross Profit (TTM)590.41M
EBITDA479.63M
Profit Margin41.81%
Operating Margin24.02%
Return on Equity10.74%
Return on Assets1.82%
Shares Outstanding203.07M
Shares Float198.54M
Beta0.83
Dividend Yield4.68%
Dividend Rate1.16
Payout Ratio1.87%

Analyst Ratings

Buy
Based on 11 analystsTarget 30.78
  • Strong Buy
    5
  • Hold
    6

Ownership Breakdown

Institutions
106.06%
Insiders
0.79%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    32.65M16.30%
  • Cohen & Steers Inc
    26.63M13.29%
  • Vanguard Portfolio Management, LLC
    18.91M9.44%
  • State Street Corp
    12.09M6.03%
  • Vanguard Capital Management, LLC
    9.35M4.66%
  • CenterSquare Investment Management LLC
    8.64M4.31%
  • Fuller & Thaler Asset Management Inc
    6.98M3.48%
  • JPMorgan Chase & Co
    6.51M3.25%
  • Delaware Management Holdings Inc
    6.24M3.11%
  • Geode Capital Management, LLC
    6.09M3.04%
  • Bank of America Corp
    5.95M2.97%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    7.63M3.81%
  • Cohen & Steers Real Estate Securities A
    7.15M3.57%
  • iShares Core S&P Mid-Cap ETF
    7.11M3.55%
  • Vanguard MStar Total Stk Mkt Idx Invest
    6.42M3.20%
  • iShares Russell 2000 ETF
    5.40M2.69%
  • Cohen & Steers Instl Realty Shares
    5.31M2.65%
  • Undiscovered Managers Behavioral Val L
    5.31M2.65%
  • Cohen & Steers Realty Shares L
    4.83M2.41%
  • Vanguard Small Cap Index
    4.68M2.33%

Dividends

20264×
0.29Oct 9, 20260.29Jul 9, 20260.29Apr 9, 20260.43Jan 9, 2026
20254×
0.27Oct 9, 20250.27Jul 9, 20250.27Apr 9, 20250.27Jan 10, 2025
20244×
0.26Oct 9, 20240.25Jul 9, 20240.25Apr 4, 20240.25Jan 4, 2024
20234×
0.24Oct 5, 20230.24Jul 6, 20230.24Apr 5, 20230.24Jan 5, 2023
20224×
0.22Oct 6, 20220.21Jul 7, 20220.20Apr 7, 20220.19Jan 6, 2022
20214×
0.18Sep 30, 20210.18Jul 8, 20210.17Apr 7, 20210.15Jan 7, 2021

Stock Splits

  • Aug 12, 20141:4