Kite Realty Group Trust (NYSE:KRG) Releases 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 -.

Kite Realty Group Trust Stock Up 2.0 %

Kite Realty Group Trust stock traded up $0.48 during trading on Tuesday, reaching $23.66. 2,553,293 shares of the company’s stock were exchanged, compared to its average volume of 1,909,195. Kite Realty Group Trust has a 52-week low of $19.64 and a 52-week high of $28.24. The company has a debt-to-equity ratio of 0.97, a quick ratio of 3.08 and a current ratio of 3.08. The firm has a market cap of $5.20 billion, a price-to-earnings ratio of -591.38, a PEG ratio of 3.63 and a beta of 1.27. The company’s 50-day moving average is $24.51 and its two-hundred day moving average is $25.49.

Wall Street Analyst Weigh In

A number of brokerages have commented on KRG. Wells Fargo & Company cut their price objective on shares of Kite Realty Group Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 29th. Jefferies Financial Group lowered 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 report on Thursday, January 2nd. JPMorgan Chase & Co. cut their price objective on shares of Kite Realty Group Trust from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. KeyCorp boosted their price objective on shares of Kite Realty Group Trust from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Finally, 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 research note on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $29.13.

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.