Kite Realty Group Trust (NYSE: KRG) is -3.22% lower on its value in year-to-date trading and has touched a low of $18.51 and a high of $28.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KRG stock was last observed hovering at around $22.35 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $22.6, the stock is -0.13% and 0.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing 1.12% at the moment leaves the stock -4.72% off its SMA200. KRG registered -10.46% loss for a year compared to 6-month loss of -0.88%. The firm has a 50-day simple moving average (SMA 50) of $22.458 and a 200-day simple moving average (SMA200) of $23.78325.
The stock witnessed a 1.21% gain in the last 1 month and extending the period to 3 months gives it a 8.71%, and is 0.49% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 1.87% over the month.
Kite Realty Group Trust (KRG) has around 227 employees, a market worth around $4.97B and $863.63M in sales. Current P/E ratio is 366.88 and Fwd P/E is 60.00. Profit margin for the company is 3.19%. Distance from 52-week low is 22.06% and -19.97% from its 52-week high. The company has generated returns on investments over the last 12 months (0.44%).
The EPS is expected to grow by 1426.38% this year
506.0 institutions hold shares in Kite Realty Group Trust (KRG), with institutional investors hold 98.91% of the company’s shares. The shares outstanding are 219.81M, and float is at 217.53M with Short Float at 4.40%. Institutions hold 98.21% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 34.88 million shares valued at $780.51 million. The investor’s holdings represent 15.8797 of the KRG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 33.37 million shares valued at $746.79 million to account for 15.1937 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.38 million shares representing 5.6357 and valued at over $277.0 million, while JPMORGAN CHASE & CO holds 4.9369 of the shares totaling 10.84 million with a market value of $242.66 million.
Kite Realty Group Trust (KRG) Insider Activity
The most recent transaction is an insider sale by Grimes Steven P, the company’s Director. SEC filings show that Grimes Steven P sold 13,576 shares of the company’s common stock on Jun 12 ’25 at a price of $22.62 per share for a total of $0.31 million. Following the sale, the insider now owns 0.7 million shares.
Kite Realty Group Trust disclosed in a document filed with the SEC on Nov 27 ’24 that Grimes Steven P (Director) sold a total of 27,250 shares of the company’s common stock. The trade occurred on Nov 27 ’24 and was made at $27.99 per share for $0.76 million. Following the transaction, the insider now directly holds 0.71 million shares of the KRG stock.
Still, SEC filings show that on Sep 16 ’24, Grimes Steven P (Director) disposed off 37,295 shares at an average price of $26.80 for $1.0 million. The insider now directly holds 732,252 shares of Kite Realty Group Trust (KRG).
