KRG Stock Analysis: Kite Realty Trust | NYSE
REIT - Retail | NYSE, USA | Market Cap: 5.880m USD | 12M Return: 30.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 69.1M
Qual. Beats: 0
Rev. Trend: 65.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kite Realty Group Trust (NYSE: KRG) is a U.S. real estate investment trust (REIT) that owns and operates open-air shopping centers and mixed-use destinations, with a portfolio concentrated in high-growth Sun Belt and select strategic gateway markets. Headquartered in Indianapolis and publicly listed since 2004, the Company brings more than six decades of real estate development, operating, and investment experience. As of December 31, 2025, KRGs portfolio included interests in 169 U.S. open-air shopping centers and mixed-use assets, encompassing approximately 27.3 million square feet of gross leasable space.
As a Retail REIT, KRG is structured to benefit from the U.S. REIT tax framework, which generally requires the distribution of at least 90% of taxable income to shareholders in the form of dividends in exchange for pass-through taxation. Open-air shopping centers-ungated retail properties typically anchored by grocery stores, restaurants, or essential services-represent a dominant sub-segment of the Retail REIT sector and have generally demonstrated more resilient foot traffic than enclosed mall formats in recent years.
- Sun Belt population growth lifts shopping center occupancy and rents
- Same-property NOI expansion fueled by positive leasing spreads
- Interest rate cuts lower cap rates and borrowing costs for REITs
| Net Income: 286.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.36 > 1.0 |
| NWC/Revenue: 23.81% < 20% (prev 6.92%; Δ 16.89% < -1%) |
| CFO/TA 0.06 > 3% & CFO 405.4m > Net Income 286.3m |
| Net Debt (3.15b) to EBITDA (786.1m): 4.01 < 3 |
| Current Ratio: 1.92 > 1.5 & < 3 |
| Outstanding Shares: last quarter (206.1m) vs 12m ago -6.26% < -2% |
| Gross Margin: 52.26% > 18% (prev 74.25%; Δ -21.99% > 0.5%) |
| Asset Turnover: 12.68% > 50% (prev 12.81%; Δ -0.13% > 0%) |
| Interest Coverage Ratio: 3.46 > 6 (EBIT TTM 423.3m / Interest Expense TTM 122.2m) |
| A: 0.03 (Total Current Assets 410.5m - Total Current Liabilities 213.7m) / Total Assets 6.35b |
| B: -0.25 (Retained Earnings -1.61b / Total Assets 6.35b) |
| C: 0.06 (EBIT TTM 423.3m / Avg Total Assets 6.52b) |
| D: 0.85 (Book Value of Equity 2.86b / Total Liabilities 3.36b) |
| Altman-Z'' = 0.71 = B |
| DSRI: 1.11 (Receivables 133.3m/124.3m, Revenue 826.6m/856.2m) |
| GMI: 1.42 (GM 74.25% / 52.26%) |
| AQI: 1.69 (AQ_t 0.09 / AQ_t-1 0.06) |
| SGI: 0.97 (Revenue 826.6m / 856.2m) |
| TATA: -0.02 (NI 286.3m - CFO 405.4m) / TA 6.35b) |
| Beneish M = -2.17 (Cap -4..+1) = BB |
As of July 13, 2026, the stock is trading at USD 28.28 with a total of 792,860 shares traded. Over the past week, the price has changed by -0.39%, over one month by -2.23%, over three months by +12.61% and over the past year by +30.67%.
Current recommended Stop Loss: 27.30 (which is 3.5% or 2 ATR below the current price).
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
| Analysts Target Price | 29.1 | 2.9% |
P/E Trailing = 21.4242
P/E Forward = 66.6667
P/S = 7.1107
P/B = 2.0368
P/EG = 3.1351
Revenue TTM = 826.6m USD
EBIT TTM = 423.3m USD
EBITDA TTM = 786.1m USD
Long Term Debt = 2.94b USD (from longTermDebt, last quarter)
Short Term Debt = 53.0m USD (from shortTermDebt, last quarter)
Debt = 3.18b USD (from shortLongTermDebtTotal, last quarter) + Leases 188.3m
Net Debt = 3.15b USD (calculated: Debt 3.18b - CCE 32.5m)
Enterprise Value = 9.03b USD (5.88b + Debt 3.18b - CCE 32.5m)
Interest Coverage Ratio = 3.46 (Ebit TTM 423.3m / Interest Expense TTM 122.2m)
EV/FCF = 35.36x (Enterprise Value 9.03b / FCF TTM 255.3m)
FCF Yield = 2.83% (FCF TTM 255.3m / Enterprise Value 9.03b)
FCF Margin = 30.89% (FCF TTM 255.3m / Revenue TTM 826.6m)
Net Margin = 34.64% (Net Income TTM 286.3m / Revenue TTM 826.6m)
Gross Margin = 52.26% ((Revenue TTM 826.6m - Cost of Revenue TTM 394.6m) / Revenue TTM)
Gross Margin QoQ = 72.13% (prev -10.36%)
Tobins Q-Ratio = 1.42 (Enterprise Value 9.03b / Total Assets 6.35b)
Interest Expense / Debt = 3.84% (Interest Expense 122.2m / Debt 3.18b)
Taxrate = 0.29% (852k / 293.8m)
NOPAT = 422.0m (EBIT 423.3m * (1 - 0.29%))
Current Ratio = 1.92 (Total Current Assets 410.5m / Total Current Liabilities 213.7m)
Debt / Equity = 1.11 (Debt 3.18b / totalStockholderEquity, last quarter 2.86b)
Debt / EBITDA = 4.01 (Net Debt 3.15b / EBITDA 786.1m)
Debt / FCF = 12.33 (Net Debt 3.15b / FCF TTM 255.3m)
Total Stockholder Equity = 3.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.39% (Net Income 286.3m / Total Assets 6.35b)
RoE = 9.22% (Net Income TTM 286.3m / Total Stockholder Equity 3.11b)
RoCE = 7.00% (EBIT 423.3m / Capital Employed (Equity 3.11b + L.T.Debt 2.94b))
RoIC = 6.85% (NOPAT 422.0m / Invested Capital 6.16b)
WACC = 5.91% (E(5.88b)/V(9.06b) * Re(7.04%) + D(3.18b)/V(9.06b) * Rd(3.84%) * (1-Tc(0.00)))
Discount Rate = 7.04% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -37.78 | Cagr: -2.83%
[DCF] Terminal Value 73.51% ; FCFF base≈270.1m ; Y1≈242.2m ; Y5≈204.7m
[DCF] Fair Price = 0.59 (EV 3.27b - Net Debt 3.15b = Equity 118.8m / Shares 203.1m; r=8.35% [WACC [floored]]; 5y FCF grow -12.69% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.28 | # QB: 0
Revenue Correlation: 65.33 | Revenue CAGR: 1.24% | SUE: 0.45 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.10 | Chg30d=-13.04% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.12 | Chg30d=-7.69% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.35 | Chg30d=-0.17% | Revisions=+25% | GrowthEPS=-74.6% | GrowthRev=-5.5%
EPS next Year (2027-12-31): EPS=0.53 | Chg30d=-10.17% | Revisions=+40% | GrowthEPS=+32.6% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +44% (up=5, down=1)