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Kite Realty Group Trust is currently in a long term uptrend where the price is trading 18.0% above its 200 day moving average.
From a valuation standpoint, the stock is 37.4% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 6.2.
Kite Realty Group Trust's total revenue sank by 9.1% to $68M since the same quarter in the previous year.
Its net income has dropped by 144.5% to $-7M since the same quarter in the previous year.
Finally, its free cash flow grew by 105.7% to $2M since the same quarter in the previous year.
Based on the above factors, Kite Realty Group Trust gets an overall score of 3/5.
Exchange | NYSE |
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CurrencyCode | USD |
Sector | Real Estate |
Industry | REIT - Retail |
ISIN | US49803T3005 |
Beta | 1.11 |
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Dividend Yield | 4.6% |
Market Cap | 5B |
PE Ratio | 327.29 |
Target Price | 27.1 |
Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company's primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has over 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of September 30, 2024, the Company owned interests in 179 U.S. open-air shopping centers and mixed-use assets, comprising approximately 27.7 million square feet of gross leasable space.
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