(KRG) Kite Realty Trust - Ratings and Ratios
Shopping Centers, Grocery-Anchored, Mixed-Use, REIT
Dividends
| Dividend Yield | 5.87% |
| Yield on Cost 5y | 11.36% |
| Yield CAGR 5y | 22.40% |
| Payout Consistency | 91.7% |
| Payout Ratio | 141.9% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 21.0% |
| Value at Risk 5%th | 33.8% |
| Relative Tail Risk | -2.38% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.31 |
| Alpha | -19.03 |
| CAGR/Max DD | 0.29 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.436 |
| Beta | 0.721 |
| Beta Downside | 0.607 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.03% |
| Mean DD | 9.61% |
| Median DD | 9.17% |
Description: KRG Kite Realty Trust November 07, 2025
Kite Realty Group Trust (NYSE: KRG) is a publicly traded REIT that focuses on open-air, grocery-anchored shopping centers and mixed-use properties primarily in high-growth Sun Belt and select gateway markets. The portfolio, which the company describes as “necessity-based” and community-oriented, comprised 181 assets totaling roughly 29.8 million sq ft of gross leasable space as of June 30 2025. KRG leverages over six decades of development, construction, and operational expertise to continuously reposition its holdings and deliver shareholder returns.
Recent filings show an occupancy rate near 96 % and an adjusted funds-from-operations (AFFO) of about $0.68 per share for FY 2024, supporting a dividend yield around 6.5 %. The REIT’s leverage remains moderate at roughly 6.2× debt-to-EBITDA, reflecting a balance between growth capital and risk management. Key sector drivers include continued consumer demand for in-person grocery shopping, especially in fast-growing Sun Belt metros, and the relative resilience of mixed-use assets to e-commerce displacement due to their integrated residential and retail components.
If you’re looking to deepen your quantitative analysis, ValueRay’s platform offers granular, real-time metrics and scenario tools that can help you model KRG’s sensitivity to interest-rate shifts and regional demographic trends.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (139.7m TTM) > 0 and > 6% of Revenue (6% = 51.3m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA 0.50pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 4.64% (prev 52.56%; Δ -47.92pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 434.1m > Net Income 139.7m (YES >=105%, WARN >=100%) |
| Net Debt (3.06b) to EBITDA (659.8m) ratio: 4.64 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.16 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (219.8m) change vs 12m ago -0.15% (target <= -2.0% for YES) |
| Gross Margin 74.01% (prev 74.59%; Δ -0.57pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 12.41% (prev 11.60%; Δ 0.81pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.02 (EBITDA TTM 659.8m / Interest Expense TTM 266.9m) >= 6 (WARN >= 3) |
Altman Z'' -1.01
| (A) 0.01 = (Total Current Assets 281.4m - Total Current Liabilities 241.8m) / Total Assets 6.65b |
| (B) -0.25 = Retained Earnings (Balance) -1.65b / Total Assets 6.65b |
| (C) 0.04 = EBIT TTM 272.1m / Avg Total Assets 6.89b |
| (D) -0.48 = Book Value of Equity -1.63b / Total Liabilities 3.37b |
| Total Rating: -1.01 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 62.11
| 1. Piotroski 3.50pt |
| 2. FCF Yield 3.45% |
| 3. FCF Margin 32.87% |
| 4. Debt/Equity 0.99 |
| 5. Debt/Ebitda 4.64 |
| 6. ROIC - WACC (= -3.06)% |
| 7. RoE 4.27% |
| 8. Rev. Trend 66.57% |
| 9. EPS Trend 66.64% |
What is the price of KRG shares?
Over the past week, the price has changed by +3.09%, over one month by +3.09%, over three months by +4.86% and over the past year by -6.62%.
Is KRG a buy, sell or hold?
- Strong Buy: 5
- Buy: 0
- Hold: 6
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the KRG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 25.8 | 10.6% |
| Analysts Target Price | 25.8 | 10.6% |
| ValueRay Target Price | 26.4 | 13% |
KRG Fundamental Data Overview December 11, 2025
P/E Trailing = 35.3594
P/E Forward = 56.8182
P/S = 5.9351
P/B = 1.5121
Beta = 0.899
Revenue TTM = 854.9m USD
EBIT TTM = 272.1m USD
EBITDA TTM = 659.8m USD
Long Term Debt = 2.94b USD (from longTermDebt, last quarter)
Short Term Debt = 440.4m USD (from shortTermDebt, last fiscal year)
Debt = 3.13b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.06b USD (from netDebt column, last quarter)
Enterprise Value = 8.15b USD (5.09b + Debt 3.13b - CCE 68.7m)
Interest Coverage Ratio = 1.02 (Ebit TTM 272.1m / Interest Expense TTM 266.9m)
FCF Yield = 3.45% (FCF TTM 281.0m / Enterprise Value 8.15b)
FCF Margin = 32.87% (FCF TTM 281.0m / Revenue TTM 854.9m)
Net Margin = 16.34% (Net Income TTM 139.7m / Revenue TTM 854.9m)
Gross Margin = 74.01% ((Revenue TTM 854.9m - Cost of Revenue TTM 222.2m) / Revenue TTM)
Gross Margin QoQ = 73.56% (prev 73.98%)
Tobins Q-Ratio = 1.23 (Enterprise Value 8.15b / Total Assets 6.65b)
Interest Expense / Debt = 5.34% (Interest Expense 167.2m / Debt 3.13b)
Taxrate = -0.65% (negative due to tax credits) (106.0k / -16.3m)
NOPAT = 273.9m (EBIT 272.1m * (1 - -0.65%)) [negative tax rate / tax credits]
Current Ratio = 1.16 (Total Current Assets 281.4m / Total Current Liabilities 241.8m)
Debt / Equity = 0.99 (Debt 3.13b / totalStockholderEquity, last quarter 3.17b)
Debt / EBITDA = 4.64 (Net Debt 3.06b / EBITDA 659.8m)
Debt / FCF = 10.89 (Net Debt 3.06b / FCF TTM 281.0m)
Total Stockholder Equity = 3.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.10% (Net Income 139.7m / Total Assets 6.65b)
RoE = 4.27% (Net Income TTM 139.7m / Total Stockholder Equity 3.27b)
RoCE = 4.38% (EBIT 272.1m / Capital Employed (Equity 3.27b + L.T.Debt 2.94b))
RoIC = 4.35% (NOPAT 273.9m / Invested Capital 6.29b)
WACC = 7.41% (E(5.09b)/V(8.22b) * Re(8.67%) + D(3.13b)/V(8.22b) * Rd(5.34%) * (1-Tc(-0.01)))
Discount Rate = 8.67% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.01%
[DCF Debug] Terminal Value 77.81% ; FCFE base≈274.9m ; Y1≈309.8m ; Y5≈417.4m
Fair Price DCF = 29.70 (DCF Value 6.43b / Shares Outstanding 216.5m; 5y FCF grow 14.75% → 3.0% )
EPS Correlation: 66.64 | EPS CAGR: 230.9% | SUE: -0.12 | # QB: 0
Revenue Correlation: 66.57 | Revenue CAGR: 6.32% | SUE: -0.85 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.11 | Chg30d=-0.003 | Revisions Net=+3 | Analysts=3
EPS next Year (2026-12-31): EPS=0.44 | Chg30d=-0.017 | Revisions Net=+2 | Growth EPS=-35.3% | Growth Revenue=-1.6%
Additional Sources for KRG Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle