Robert W. Baird Forecasts Strong Price Appreciation for Kite Realty Group Trust (NYSE:KRG) Stock

Kite Realty Group Trust (NYSE:KRG) had its price target upped by equities researchers at Robert W. Baird from $25.00 to $27.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Robert W. Baird’s target price points to a potential upside of 4.46% from the stock’s current price.

A number of other equities research analysts have also issued reports on the company. Wall Street Zen lowered Kite Realty Group Trust from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Jefferies Financial Group restated a “hold” rating and issued a $24.00 price objective (up from $23.00) on shares of Kite Realty Group Trust in a research report on Monday, December 15th. Wells Fargo & Company upgraded Kite Realty Group Trust from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $23.00 to $25.00 in a research report on Tuesday, October 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Kite Realty Group Trust in a report on Monday, December 29th. Finally, UBS Group restated a “neutral” rating and issued a $25.00 price target (up from $24.00) on shares of Kite Realty Group Trust in a research note on Thursday, January 8th. Two equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $25.63.

Kite Realty Group Trust Price Performance

Shares of NYSE:KRG opened at $25.85 on Wednesday. The company has a market capitalization of $5.60 billion, a P/E ratio of 40.38, a P/E/G ratio of 6.32 and a beta of 0.91. Kite Realty Group Trust has a 1-year low of $18.51 and a 1-year high of $26.13. The firm’s 50 day simple moving average is $23.85 and its two-hundred day simple moving average is $22.85. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.98 and a quick ratio of 0.98.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Captrust Financial Advisors lifted its holdings in shares of Kite Realty Group Trust by 2.8% in the 4th quarter. Captrust Financial Advisors now owns 15,296 shares of the real estate investment trust’s stock worth $367,000 after acquiring an additional 410 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in Kite Realty Group Trust by 54.8% in the third quarter. Harbor Capital Advisors Inc. now owns 1,305 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 462 shares during the last quarter. NewEdge Wealth LLC boosted its position in shares of Kite Realty Group Trust by 2.7% during the third quarter. NewEdge Wealth LLC now owns 18,058 shares of the real estate investment trust’s stock valued at $398,000 after buying an additional 467 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Kite Realty Group Trust by 3.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 16,926 shares of the real estate investment trust’s stock valued at $406,000 after buying an additional 488 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its holdings in shares of Kite Realty Group Trust by 2.9% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 17,636 shares of the real estate investment trust’s stock worth $423,000 after buying an additional 499 shares during the period. Institutional investors own 90.81% of the company’s stock.

Key Stories Impacting Kite Realty Group Trust

Here are the key news stories impacting Kite Realty Group Trust this week:

• Positive Sentiment: Q4 EPS materially beat expectations — KRG reported GAAP EPS of $0.86 vs. the consensus ~$0.51, driven by operating results and one‑time items, providing an immediate positive surprise to investors. Kite Realty Group Reports Fourth Quarter and Full Year 2025 Operating Results and Provides 2026 Guidance
• Positive Sentiment: Management issued robust FY‑2026 guidance — EPS guidance of $2.06–$2.12 substantially exceeds street estimates (~$1.06), signaling confidence in cash flow growth and supporting a re‑rating of the stock. Kite Realty Group Guides 2026 FFO Amid Steady Growth
• Positive Sentiment: Operational momentum: management highlighted record leasing volume and strong leasing metrics on the earnings call, which supports occupancy and future cash flow growth. Kite Realty Group Trust (KRG) Q4 2025 Earnings Call Highlights: Record Leasing Volume and …
• Positive Sentiment: Dividend maintained/announced — a $0.29 quarterly dividend (4.5% yield) was declared, supporting income investor interest and baseline demand for the shares.
• Neutral Sentiment: FFO matched consensus — Q4 FFO of $0.51 was in line with estimates, suggesting core REIT cash‑flow was steady but not accelerating. Kite Realty Group (KRG) Meets Q4 FFO Estimates
• Neutral Sentiment: Top‑line roughly in line — revenue of ~$205M was close to expectations, indicating the beat was driven more by margins/other items than by a topline surprise. Press Release / Slide Deck
• Negative Sentiment: FFO is slightly below year‑ago levels — Q4 FFO of $0.51 compares with $0.53 a year earlier, a signal investors should monitor for trend risk in core cash flow. Kite Realty Group (KRG) Meets Q4 FFO Estimates
• Negative Sentiment: Balance‑sheet/valuation considerations — current ratio <1.0 and debt/equity near 0.93, plus a relatively high P/E, leave some investors cautious despite the upbeat guidance; monitor leverage and FFO conversion. (Background data)

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.