(KRG) Kite Realty Trust - Overview
Sector: Real EstateIndustry: REIT - Retail | Exchange NYSE (USA) | Currency USD | Market Cap: 5.372m | Total Return 12.4% in 12m
Stock: Shopping Centers, Mixed-Use, Real Estate, Retail
Total Rating 51
Risk 38
Buy Signal -0.61
| Risk 5d forecast | |
|---|---|
| Volatility | 21.6% |
| Relative Tail Risk | -3.04% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.44 |
| Alpha | 4.57 |
| Character TTM | |
|---|---|
| Beta | 0.379 |
| Beta Downside | 0.402 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.03% |
| CAGR/Max DD | 0.35 |
EPS (Earnings per Share)
Revenue
Description: KRG Kite Realty Trust March 01, 2026
Kite Realty Group Trust (NYSE: KRG) is a REIT that owns and operates open-air shopping centers and mixed-use properties, primarily anchored by grocery tenants. Its portfolio is concentrated in high-growth Sun Belt locations and select gateway markets, offering neighborhood-scale retail and mixed-use environments that serve both retailers and consumers. Since its 2004 IPO, KRG leverages six decades of development, construction, and operational expertise to continuously optimize assets and deliver shareholder value.
As of the latest Q1 2026 earnings release, KRG reported an occupancy rate of 96.3%, a 5-year average FFO growth of 6.8% year-over-year, and a dividend yield of approximately 5.4%. The company’s exposure to grocery-anchored centers has helped it outperform the broader Retail REIT index, which has been pressured by e-commerce trends but remains resilient due to sustained consumer demand for essential goods. Additionally, the Sun Belt’s population growth-projected at 1.2% annually through 2030-continues to drive foot traffic and leasing opportunities for KRG’s assets.
For a deeper dive, consider reviewing ValueRay’s research on KRG.
Headlines to watch out for
- Sun Belt population growth boosts retail property demand
- Interest rate hikes increase borrowing costs for property development
- E-commerce competition pressures physical retail occupancy rates
- Consumer spending trends directly impact tenant sales and rents
- Regulatory changes in zoning affect new development opportunities
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 298.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.25 > 1.0 |
| NWC/Revenue: 21.92% < 20% (prev 56.57%; Δ -34.65% < -1%) |
| CFO/TA 0.06 > 3% & CFO 429.7m > Net Income 298.7m |
| Net Debt (3.33b) to EBITDA (809.9m): 4.12 < 3 |
| Current Ratio: 1.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (214.5m) vs 12m ago -2.40% < -2% |
| Gross Margin: 53.25% > 18% (prev 0.74%; Δ 5.25k% > 0.5%) |
| Asset Turnover: 12.32% > 50% (prev 11.87%; Δ 0.45% > 0%) |
| Interest Coverage Ratio: 3.51 > 6 (EBITDA TTM 809.9m / Interest Expense TTM 123.5m) |
Altman Z'' -0.62
| A: 0.03 (Total Current Assets 606.2m - Total Current Liabilities 420.4m) / Total Assets 6.66b |
| B: -0.23 (Retained Earnings -1.56b / Total Assets 6.66b) |
| C: 0.06 (EBIT TTM 433.1m / Avg Total Assets 6.88b) |
| D: -0.44 (Book Value of Equity -1.54b / Total Liabilities 3.47b) |
| Altman-Z'' Score: -0.62 = B |
Beneish M -2.03
| DSRI: 1.01 (Receivables 127.9m/125.8m, Revenue 847.6m/841.8m) |
| GMI: 1.39 (GM 53.25% / 74.19%) |
| AQI: 2.09 (AQ_t 0.11 / AQ_t-1 0.05) |
| SGI: 1.01 (Revenue 847.6m / 841.8m) |
| TATA: -0.02 (NI 298.7m - CFO 429.7m) / TA 6.66b) |
| Beneish M-Score: -2.03 (Cap -4..+1) = BB |
What is the price of KRG shares?
As of March 28, 2026, the stock is trading at USD 24.15 with a total of 832,406 shares traded.
Over the past week, the price has changed by -1.83%, over one month by -7.29%, over three months by +1.75% and over the past year by +12.41%.
Over the past week, the price has changed by -1.83%, over one month by -7.29%, over three months by +1.75% and over the past year by +12.41%.
Is KRG a buy, sell or hold?
Kite Realty Trust has received a consensus analysts rating of 3.91.
Therefore, it is recommended to buy KRG.
- StrongBuy: 5
- Buy: 0
- Hold: 6
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the KRG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 27.7 | 14.8% |
| Analysts Target Price | 27.7 | 14.8% |
KRG Fundamental Data Overview March 28, 2026
P/E Trailing = 17.7153
P/E Forward = 59.8802
P/S = 6.3625
P/B = 1.6551
P/EG = 3.1351
Revenue TTM = 847.6m USD
EBIT TTM = 433.1m USD
EBITDA TTM = 809.9m USD
Long Term Debt = 2.61b USD (from longTermDebt, last quarter)
Short Term Debt = 420.4m USD (from shortTermDebt, last quarter)
Debt = 3.37b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.33b USD (from netDebt column, last quarter)
Enterprise Value = 8.71b USD (5.37b + Debt 3.37b - CCE 36.8m)
Interest Coverage Ratio = 3.51 (Ebit TTM 433.1m / Interest Expense TTM 123.5m)
EV/FCF = 31.36x (Enterprise Value 8.71b / FCF TTM 277.7m)
FCF Yield = 3.19% (FCF TTM 277.7m / Enterprise Value 8.71b)
FCF Margin = 32.76% (FCF TTM 277.7m / Revenue TTM 847.6m)
Net Margin = 35.23% (Net Income TTM 298.7m / Revenue TTM 847.6m)
Gross Margin = 53.25% ((Revenue TTM 847.6m - Cost of Revenue TTM 396.2m) / Revenue TTM)
Gross Margin QoQ = -10.36% (prev 73.56%)
Tobins Q-Ratio = 1.31 (Enterprise Value 8.71b / Total Assets 6.66b)
Interest Expense / Debt = -3.28% (Interest Expense -110.7m / Debt 3.37b)
Taxrate = 0.08% (152k / 185.2m)
NOPAT = 432.8m (EBIT 433.1m * (1 - 0.08%))
Current Ratio = 1.44 (Total Current Assets 606.2m / Total Current Liabilities 420.4m)
Debt / Equity = 1.10 (Debt 3.37b / totalStockholderEquity, last quarter 3.07b)
Debt / EBITDA = 4.12 (Net Debt 3.33b / EBITDA 809.9m)
Debt / FCF = 12.01 (Net Debt 3.33b / FCF TTM 277.7m)
Total Stockholder Equity = 3.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.34% (Net Income 298.7m / Total Assets 6.66b)
RoE = 9.31% (Net Income TTM 298.7m / Total Stockholder Equity 3.21b)
RoCE = 7.44% (EBIT 433.1m / Capital Employed (Equity 3.21b + L.T.Debt 2.61b))
RoIC = 7.00% (NOPAT 432.8m / Invested Capital 6.18b)
WACC = 3.23% (E(5.37b)/V(8.74b) * Re(7.32%) + D(3.37b)/V(8.74b) * Rd(-3.28%) * (1-Tc(0.00)))
Discount Rate = 7.32% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -1.22%
[DCF] Terminal Value 87.36% ; FCFF base≈277.8m ; Y1≈310.1m ; Y5≈410.0m
[DCF] Fair Price = 42.10 (EV 12.04b - Net Debt 3.33b = Equity 8.71b / Shares 206.8m; r=6.0% [WACC]; 5y FCF grow 13.44% → 3.0% )
EPS Correlation: 51.16 | EPS CAGR: 133.3% | SUE: -0.26 | # QB: 0
Revenue Correlation: 64.89 | Revenue CAGR: 1.75% | SUE: 1.01 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.12 | Chg7d=+0.018 | Chg30d=+0.020 | Revisions Net=+0 | Analysts=2
EPS current Year (2026-12-31): EPS=0.46 | Chg7d=+0.070 | Chg30d=+0.090 | Revisions Net=+1 | Growth EPS=+0.0% | Growth Revenue=-3.6%
EPS next Year (2027-12-31): EPS=0.55 | Chg7d=+0.082 | Chg30d=+0.110 | Revisions Net=+1 | Growth EPS=+18.5% | Growth Revenue=+3.2%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 2.3% (Discount Rate 7.9% - Earnings Yield 5.6%)
[Growth] Growth Spread = -7.0% (Analyst -4.8% - Implied 2.3%)
P/E Forward = 59.8802
P/S = 6.3625
P/B = 1.6551
P/EG = 3.1351
Revenue TTM = 847.6m USD
EBIT TTM = 433.1m USD
EBITDA TTM = 809.9m USD
Long Term Debt = 2.61b USD (from longTermDebt, last quarter)
Short Term Debt = 420.4m USD (from shortTermDebt, last quarter)
Debt = 3.37b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.33b USD (from netDebt column, last quarter)
Enterprise Value = 8.71b USD (5.37b + Debt 3.37b - CCE 36.8m)
Interest Coverage Ratio = 3.51 (Ebit TTM 433.1m / Interest Expense TTM 123.5m)
EV/FCF = 31.36x (Enterprise Value 8.71b / FCF TTM 277.7m)
FCF Yield = 3.19% (FCF TTM 277.7m / Enterprise Value 8.71b)
FCF Margin = 32.76% (FCF TTM 277.7m / Revenue TTM 847.6m)
Net Margin = 35.23% (Net Income TTM 298.7m / Revenue TTM 847.6m)
Gross Margin = 53.25% ((Revenue TTM 847.6m - Cost of Revenue TTM 396.2m) / Revenue TTM)
Gross Margin QoQ = -10.36% (prev 73.56%)
Tobins Q-Ratio = 1.31 (Enterprise Value 8.71b / Total Assets 6.66b)
Interest Expense / Debt = -3.28% (Interest Expense -110.7m / Debt 3.37b)
Taxrate = 0.08% (152k / 185.2m)
NOPAT = 432.8m (EBIT 433.1m * (1 - 0.08%))
Current Ratio = 1.44 (Total Current Assets 606.2m / Total Current Liabilities 420.4m)
Debt / Equity = 1.10 (Debt 3.37b / totalStockholderEquity, last quarter 3.07b)
Debt / EBITDA = 4.12 (Net Debt 3.33b / EBITDA 809.9m)
Debt / FCF = 12.01 (Net Debt 3.33b / FCF TTM 277.7m)
Total Stockholder Equity = 3.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.34% (Net Income 298.7m / Total Assets 6.66b)
RoE = 9.31% (Net Income TTM 298.7m / Total Stockholder Equity 3.21b)
RoCE = 7.44% (EBIT 433.1m / Capital Employed (Equity 3.21b + L.T.Debt 2.61b))
RoIC = 7.00% (NOPAT 432.8m / Invested Capital 6.18b)
WACC = 3.23% (E(5.37b)/V(8.74b) * Re(7.32%) + D(3.37b)/V(8.74b) * Rd(-3.28%) * (1-Tc(0.00)))
Discount Rate = 7.32% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -1.22%
[DCF] Terminal Value 87.36% ; FCFF base≈277.8m ; Y1≈310.1m ; Y5≈410.0m
[DCF] Fair Price = 42.10 (EV 12.04b - Net Debt 3.33b = Equity 8.71b / Shares 206.8m; r=6.0% [WACC]; 5y FCF grow 13.44% → 3.0% )
EPS Correlation: 51.16 | EPS CAGR: 133.3% | SUE: -0.26 | # QB: 0
Revenue Correlation: 64.89 | Revenue CAGR: 1.75% | SUE: 1.01 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.12 | Chg7d=+0.018 | Chg30d=+0.020 | Revisions Net=+0 | Analysts=2
EPS current Year (2026-12-31): EPS=0.46 | Chg7d=+0.070 | Chg30d=+0.090 | Revisions Net=+1 | Growth EPS=+0.0% | Growth Revenue=-3.6%
EPS next Year (2027-12-31): EPS=0.55 | Chg7d=+0.082 | Chg30d=+0.110 | Revisions Net=+1 | Growth EPS=+18.5% | Growth Revenue=+3.2%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 2.3% (Discount Rate 7.9% - Earnings Yield 5.6%)
[Growth] Growth Spread = -7.0% (Analyst -4.8% - Implied 2.3%)