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

Kite Realty Group Trust (NYSE:KRG) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.060-2.120 for the period, compared to the consensus earnings per share estimate of 2.090. The company issued revenue guidance of -.

Analyst Ratings Changes

Several equities analysts have recently issued reports on KRG shares. LADENBURG THALM/SH SH boosted their price target on shares of Kite Realty Group Trust from $30.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. UBS Group reaffirmed a “neutral” rating and set a $30.00 price objective (up from $28.00) on shares of Kite Realty Group Trust in a research note on Thursday, July 9th. Jefferies Financial Group upgraded Kite Realty Group Trust to a “hold” rating in a report on Friday, June 26th. Piper Sandler reissued a “neutral” rating and issued a $33.00 target price (up from $27.00) on shares of Kite Realty Group Trust in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company set a $32.00 price target on Kite Realty Group Trust and gave the stock an “overweight” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $29.43.

Kite Realty Group Trust Trading Down 1.0%

NYSE:KRG opened at $28.79 on Thursday. Kite Realty Group Trust has a twelve month low of $20.86 and a twelve month high of $29.92. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.05. The business has a 50 day moving average price of $28.39 and a two-hundred day moving average price of $26.28. The company has a market cap of $5.85 billion, a P/E ratio of 21.64, a price-to-earnings-growth ratio of 4.09 and a beta of 0.85.

Kite Realty Group Trust (NYSE:KRG) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.68. Kite Realty Group Trust had a net margin of 34.74% and a return on equity of 9.21%. The company had revenue of $196.26 million for the quarter, compared to the consensus estimate of $197.32 million. Kite Realty Group Trust has set its FY 2026 guidance at 2.060-2.120 EPS. As a group, analysts expect that Kite Realty Group Trust will post 2.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Kite Realty Group Trust

A number of large investors have recently modified their holdings of KRG. Invesco Ltd. raised its holdings in Kite Realty Group Trust by 3.4% during the fourth quarter. Invesco Ltd. now owns 933,097 shares of the real estate investment trust’s stock worth $22,366,000 after acquiring an additional 30,629 shares in the last quarter. Corient Private Wealth LLC grew its stake in Kite Realty Group Trust by 12.1% in the fourth quarter. Corient Private Wealth LLC now owns 14,899 shares of the real estate investment trust’s stock valued at $357,000 after purchasing an additional 1,603 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Kite Realty Group Trust by 30.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,013 shares of the real estate investment trust’s stock valued at $719,000 after purchasing an additional 7,058 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Kite Realty Group Trust during the 4th quarter worth approximately $280,000. Finally, VARCOV Co. acquired a new position in shares of Kite Realty Group Trust during the 4th quarter worth approximately $602,000. 90.81% of the stock is currently owned by institutional investors and hedge funds.

Kite Realty Group Trust Company Profile

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.