Kite Realty Group Trust (NYSE:KRG) Issues FY 2026 Earnings Guidance

Kite Realty Group Trust (NYSE:KRG) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.060-2.120 for the period, compared to the consensus earnings per share estimate of 1.060. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

KRG has been the topic of a number of research reports. Raymond James Financial lowered shares of Kite Realty Group Trust from a “strong-buy” rating to a “market perform” rating in a research note on Tuesday, November 11th. Wall Street Zen cut shares of Kite Realty Group Trust from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. UBS Group restated a “neutral” rating and issued a $25.00 price objective (up previously from $24.00) on shares of Kite Realty Group Trust in a report on Thursday, January 8th. Jefferies Financial Group reissued a “hold” rating and issued a $24.00 target price (up from $23.00) on shares of Kite Realty Group Trust in a research note on Monday, December 15th. Finally, Wells Fargo & Company upgraded shares of Kite Realty Group Trust from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $23.00 to $25.00 in a research note on Tuesday, October 21st. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Kite Realty Group Trust currently has a consensus rating of “Hold” and an average price target of $25.43.

Kite Realty Group Trust Stock Up 3.2%

NYSE KRG opened at $25.35 on Tuesday. The company has a market capitalization of $5.49 billion, a P/E ratio of 39.13, a price-to-earnings-growth ratio of 6.32 and a beta of 0.91. Kite Realty Group Trust has a 52 week low of $18.51 and a 52 week high of $25.19. The stock’s 50-day moving average price is $23.79 and its 200-day moving average price is $22.82. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.93.

Kite Realty Group Trust (NYSE:KRG) last posted its quarterly earnings results on Tuesday, February 17th. The real estate investment trust reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.35. Kite Realty Group Trust had a return on equity of 4.27% and a net margin of 16.34%.The company had revenue of $204.94 million for the quarter, compared to analysts’ expectations of $204.48 million. Kite Realty Group Trust has set its FY 2026 guidance at 2.060-2.120 EPS. On average, equities research analysts predict that Kite Realty Group Trust will post 2.05 earnings per share for the current year.

Kite Realty Group Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 9th were given a dividend of $0.29 per share. This is a positive change from Kite Realty Group Trust’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, January 9th. This represents a $1.16 dividend on an annualized basis and a yield of 4.6%. Kite Realty Group Trust’s payout ratio is 181.25%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Los Angeles Capital Management LLC purchased a new position in Kite Realty Group Trust during the 4th quarter valued at about $25,000. Arax Advisory Partners lifted its position in shares of Kite Realty Group Trust by 182.0% during the fourth quarter. Arax Advisory Partners now owns 1,125 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 726 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Kite Realty Group Trust by 118.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,365 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 740 shares during the period. Danske Bank A S acquired a new position in shares of Kite Realty Group Trust in the third quarter valued at approximately $49,000. Finally, Advocate Investing Services LLC purchased a new stake in Kite Realty Group Trust during the 4th quarter worth approximately $72,000. 90.81% of the stock is owned by institutional investors and hedge funds.

About Kite Realty Group Trust

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust that specializes in the ownership, development and management of open-air retail real estate. Headquartered in Indianapolis, Indiana, the company focuses on acquiring, developing and operating community and neighborhood shopping centers, as well as mixed-use properties that accommodate national, regional and local retailers.

Established in 1994, Kite Realty has grown its portfolio through strategic development projects, targeted acquisitions and selective dispositions.