Kite Realty
About: Kite Realty Group Trust specializes in owning, operating, acquiring, developing, and redeveloping high-quality open-air shopping centers and mixed-use assets. The company generates the majority of its revenue from contractual rents and reimbursement payments received from tenants.
Employees: 227
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
1,205% more call options, than puts
Call options by funds: $5.04M | Put options by funds: $386K
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
2.67% less ownership
Funds ownership: 95.86% [Q4 2024] → 93.19% (-2.67%) [Q1 2025]
4% less funds holding
Funds holding: 370 [Q4 2024] → 354 (-16) [Q1 2025]
12% less capital invested
Capital invested by funds: $5.31B [Q4 2024] → $4.66B (-$656M) [Q1 2025]
18% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 140
20% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 45
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$24
8%
upside
Avg. target
$25
12%
upside
High target
$26
17%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Raymond James RJ Milligan | 17%upside $26 | Strong Buy Maintained | 23 May 2025 |
Wells Fargo Dori Kesten | 8%upside $24 | Equal-Weight Maintained | 26 Mar 2025 |
Financial journalist opinion
Based on 3 articles about KRG published over the past 30 days
Positive
Seeking Alpha
23 hours ago
If I Could Only Own 3 REITs, It Would Be These
I would not want to own just 3 REITs. But if I had to buy just 3, I would focus on large, investment-grade rated REITs. I present 3 such REITs that are deeply discounted.
Neutral
Seeking Alpha
4 days ago
Sector Spotlight: Shopping Centers Are Hot, Retail REITs Are Not!
Shopping center REITs show strong fundamentals—high occupancy, rising rents, and solid NOI growth—yet trade at steep discounts to intrinsic value. Current sector valuations are mispriced, with shopping center REITs trading below peers despite superior supply/demand dynamics and AFFO growth. Recent market underperformance is likely unwarranted; if economic uncertainty fades, significant upside exists as shares could rebound to prior highs.
Positive
Seeking Alpha
3 weeks ago
REITs: The Riches Are In The Niches
REITs offer diversified, inflation-hedged income and capital appreciation, making them a compelling addition to any long-term investment portfolio. Current REIT valuations are attractive, with strong growth projected in sectors like data centers, industrial, net lease, and residential properties. I recommend focusing on quality REITs trading below historical multiples, emphasizing margin of safety and reliable dividend growth.
Neutral
Seeking Alpha
1 month ago
Kite Realty: Value Flying Into View
KRG's acquisition of a 52% interest in Legacy West with GIC aligns with broader real estate trends and offers significant future rent growth potential. Q1 financials were strong, with a 6.9% YoY revenue increase and 10% YoY core FFO per share growth. Potential risks include rising bad debt expenses and interest costs, with a 100bps rate increase potentially adding ~$7.5 million to annual interest expenses.
Positive
Seeking Alpha
1 month ago
2 REITs To Buy In May 2025
We are in an extremely uncertain environment. REITs stand out as a safe haven in today's market. I present two of my favorite REITs to buy today.
Neutral
Seeking Alpha
1 month ago
Kite Realty Group Trust (KRG) Q1 2025 Earnings Call Transcript
Kite Realty Group Trust (NYSE:KRG ) Q1 2025 Earnings Conference Call April 30, 2025 1:00 PM ET Company Participants Bryan McCarthy - SVP of Corporate Marketing and Communications John Kite - Chairman and CEO Tom McGowan - President and COO Heath Fear - EVP and CFO Dave Buell - SVP and Chief Accounting Officer Tyler Henshaw - SVP, Capital Markets and IR Conference Call Participants Todd Thomas - KeyBanc Capital Markets Craig Mailman - Citi Floris Van Dijkum - Compass Point R.J. Milligan - Raymond James Daniel Purpura - Green Street Andrew Reale - Bank of America Alexander Goldfarb - Piper Sandler Dori Kesten - Wells Fargo Wesley Golladay - Baird Linda Tsai - Jefferies Operator Good day, and thank you for standing by.
Positive
Seeking Alpha
1 month ago
3 Once-In-A-Decade REIT Opportunities
REITs are priced at the lowest valuations since 2009. After a long bear market, REITs are getting ready to recover. Some REITs will richly reward shareholders. Here are 3 once-in-a-decade opportunities that we are accumulating.
Positive
Zacks Investment Research
1 month ago
Kite Realty Group (KRG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Kite Realty Group (KRG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Kite Realty Group (KRG) Beats Q1 FFO and Revenue Estimates
Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.53 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to FFO of $0.50 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Kite Realty Group Reports First Quarter 2025 Operating Results
INDIANAPOLIS, April 29, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, reported today its operating results for the first quarter ended March 31, 2025. For the quarters ended March 31, 2025 and 2024, net income attributable to common shareholders was $23.7 million, or $0.11 per diluted share, compared to $14.2 million, or $0.06 per diluted share, respectively.
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