Summary
21.14 0.09(0.40%)05/21/2024
Kite Realty Group Trust (KRG)
Kite Realty Group Trust (KRG)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 2.54 | -0.99 | 4.28 | 0.89 | 1.82 | 6.54 | 66.29 | -58.49 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 21.59 | |
| Open | 21.19 | |
| High | 21.76 | |
| Low | 21.19 | |
| Volume | 1,133,754 | |
| Change | 0.54 | |
| Change % | 2.54 | |
| Avg Volume (20 Days) | 1,739,329 | |
| Volume/Avg Volume (20 Days) Ratio | 0.65 | |
| 52 Week Range | 19.16 - 24.26 | |
| Price vs 52 Week High | -11.03% | |
| Price vs 52 Week Low | 12.66% | |
| Range | 1.86 | |
| Gap Up/Down | -0.13 | |
Fundamentals | ||
| Market Capitalization (Mln) | 4,623 | |
| EBIDTA | 445,612,512 | |
| PE Ratio | 81.1154 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 25.50 | |
| Book Value | 16.0780 | |
| Earnings Per Share | 0.2600 | |
| EPS Estimate Current Quarter | 0.0400 | |
| EPS Estimate Next Quarter | 0.0300 | |
| EPS Estimate Current Year | 0.1900 | |
| EPS Estimate Next Year | 0.2700 | |
| Diluted EPS (TTM) | 0.2600 | |
| Revenues | ||
| Profit Marging | 0.0683 | |
| Operating Marging (TTM) | 0.1912 | |
| Return on asset (TTM) | 0.0121 | |
| Return on equity (TTM) | 0.0155 | |
| Revenue TTM | 823,692,992 | |
| Revenue per share TTM | 3.7540 | |
| Quarterly Revenue Growth (YOY) | 0.0030 | |
| Quarterly Earnings Growth (YOY) | 2.0000 | |
| Gross Profit (TTM) | 590,190,000 | |
| Dividends | ||
| Dividend Share | 0.9800 | |
| Dividend Yield | 0.0474 | |
| Valuations | ||
| Trailing PE | 81.1154 | |
| Forward PE | 119.0476 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.2423 | |
| Revenue Enterprise Value | 9.0571 | |
| EBITDA Enterprise Value | 12.7586 | |
| Shares | ||
| Shares Outstanding | 219,604,000 | |
| Shares Float | 217,651,584 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.04 | |
| Insider (%) | 0.82 | |
| Institutions (%) | 96.53 | |
05/20 00:00 EST - https://www.zacks.com
Realty Income (O) Rewards Investors With 125th Dividend Hike
Realty Income Corporation (O Quick QuoteO - Free Report) announced an increase in its common stock monthly cash dividend to 26.25 cents per share from 25.70 cents paid out earlier. This marked its 125th dividend hike since its listing on the NYSE in 1994.The increased dividend will be paid out on Jun 14 to shareholders of record as of Jun 3, 2024. The latest dividend rate marks an annualized amount of $3.150 per share compared with the prior rate of $3.084. Based on the company’s share price of $55.13 on May 17, the latest hike results in a dividend yield of 5.71%.Though the latest hike marks a marginal increase from the prior dividend, the latest dividend announced will be the company’s 647th consecutive monthly dividend payout in its 55-year operating history.Solid dividend payouts are the biggest enticements for real estate investment trust (REIT) investors, and Realty Income is committed to boosting its shareholder wealth. This retail REIT holds the trademark of the phrase “The Monthly Dividend Company.” It has made 107 consecutive quarterly dividend hikes. This retail REIT has witnessed compound average annual dividend growth of 4.3% since its listing on the NYSE. Moreover, Realty Income has increased its dividend 22 times in the last five years and has a five-year annualized dividend growth rate of 2.99%. Check Realty Income’s dividend history here.The latest hike reflects O’s ability to generate decent cash flow through its operating platform and high-quality portfolio. The majority of its annualized retail contractual rental revenues are generated by clients who have a service, non-discretionary and/or low-price-point component to their business. Such businesses are less likely to be affected by economic downturns and competition from online sales. These provide more reliable streams of income, which boost the stability of rental revenues and generate predictable cash flows.Moreover, Realty Income’s diversified tenant base and accretive buyouts bode well for its long-term growth. The solid property acquisitions volume at decent investment spreads has aided the company’s performance so far. In January 2024, Realty Income completed its all-stock merger transaction with Spirit Realty Capital, Inc. The transaction is immediately accretive on a leverage-neutral basis and adds to Realty Income's size, scale and diversification, enabling it to expand its scope for future growth.In November 2023, Realty Income entered into a JV with Digital Realty (DLR Quick QuoteDLR - Free Report) to facilitate the development of two build-to-suit data centers in Northern Virginia. The move marked the retail REIT’s maiden foray into the data center sector and further diversified its portfolio. It invested approximately $200 million, securing an 80% equity interest in the venture, while Digital Realty maintains a 20% interest.Realty Income maintains a healthy balance sheet position and exited the first quarter of 2024 with $4 billion of liquidity. The company ended the quarter with modest leverage and strong coverage metrics with net debt to annualized pro forma adjusted EBITDAre of 5.5X and a fixed charge coverage of 4.5X. O also enjoys a credit rating of A- (Stable) and A3 (Stable) from Standard & Poor’s and Moody’s, respectively, which provides access to the debt market at favorable costs.With ample financial flexibility, the company remains well-poised to respond to any challenges and bank on growth opportunities.Moreover, with a healthy financial position and a lower debt-to-equity ratio compared with the industry, we expect the latest dividend rate to be sustainable. Over the past three months, shares of this Zacks Rank #3 (Hold) company have risen 4.6% against the industry’s fall of 3.8%.Image Source: Zacks Investment ResearchStocks to ConsiderSome better-ranked stocks from the retail REIT sector are Kite Realty Group Trust (KRG Quick QuoteKRG - Free Report) and Acadia Realty Trust (AKR Quick QuoteAKR - Free Report) , each carrying a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for Kite Realty Group’s ongoing year’s funds from operations (FFO) per share is pegged at $2.05, which indicates a year-over-year increase of 1%.The Zacks Consensus Estimate for Acadia Realty Trust’s current-year FFO per share has been revised a cent upward over the past month to $1.28.Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
Realty Income (O) Rewards Investors With 125th Dividend Hike
Realty Income Corporation (O Quick QuoteO - Free Report) announced an increase in its common stock monthly cash dividend to 26.25 cents per share from 25.70 cents paid out earlier. This marked its 125th dividend hike since its listing on the NYSE in 1994.The increased dividend will be paid out on Jun 14 to shareholders of record as of Jun 3, 2024. The latest dividend rate marks an annualized amount of $3.150 per share compared with the prior rate of $3.084. Based on the company’s share price of $55.13 on May 17, the latest hike results in a dividend yield of 5.71%.Though the latest hike marks a marginal increase from the prior dividend, the latest dividend announced will be the company’s 647th consecutive monthly dividend payout in its 55-year operating history.Solid dividend payouts are the biggest enticements for real estate investment trust (REIT) investors, and Realty Income is committed to boosting its shareholder wealth. This retail REIT holds the trademark of the phrase “The Monthly Dividend Company.” It has made 107 consecutive quarterly dividend hikes. This retail REIT has witnessed compound average annual dividend growth of 4.3% since its listing on the NYSE. Moreover, Realty Income has increased its dividend 22 times in the last five years and has a five-year annualized dividend growth rate of 2.99%. Check Realty Income’s dividend history here.The latest hike reflects O’s ability to generate decent cash flow through its operating platform and high-quality portfolio. The majority of its annualized retail contractual rental revenues are generated by clients who have a service, non-discretionary and/or low-price-point component to their business. Such businesses are less likely to be affected by economic downturns and competition from online sales. These provide more reliable streams of income, which boost the stability of rental revenues and generate predictable cash flows.Moreover, Realty Income’s diversified tenant base and accretive buyouts bode well for its long-term growth. The solid property acquisitions volume at decent investment spreads has aided the company’s performance so far. In January 2024, Realty Income completed its all-stock merger transaction with Spirit Realty Capital, Inc. The transaction is immediately accretive on a leverage-neutral basis and adds to Realty Income's size, scale and diversification, enabling it to expand its scope for future growth.In November 2023, Realty Income entered into a JV with Digital Realty (DLR Quick QuoteDLR - Free Report) to facilitate the development of two build-to-suit data centers in Northern Virginia. The move marked the retail REIT’s maiden foray into the data center sector and further diversified its portfolio. It invested approximately $200 million, securing an 80% equity interest in the venture, while Digital Realty maintains a 20% interest.Realty Income maintains a healthy balance sheet position and exited the first quarter of 2024 with $4 billion of liquidity. The company ended the quarter with modest leverage and strong coverage metrics with net debt to annualized pro forma adjusted EBITDAre of 5.5X and a fixed charge coverage of 4.5X. O also enjoys a credit rating of A- (Stable) and A3 (Stable) from Standard & Poor’s and Moody’s, respectively, which provides access to the debt market at favorable costs.With ample financial flexibility, the company remains well-poised to respond to any challenges and bank on growth opportunities.Moreover, with a healthy financial position and a lower debt-to-equity ratio compared with the industry, we expect the latest dividend rate to be sustainable. Over the past three months, shares of this Zacks Rank #3 (Hold) company have risen 4.6% against the industry’s fall of 3.8%.Image Source: Zacks Investment ResearchStocks to ConsiderSome better-ranked stocks from the retail REIT sector are Kite Realty Group Trust (KRG Quick QuoteKRG - Free Report) and Acadia Realty Trust (AKR Quick QuoteAKR - Free Report) , each carrying a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for Kite Realty Group’s ongoing year’s funds from operations (FFO) per share is pegged at $2.05, which indicates a year-over-year increase of 1%.The Zacks Consensus Estimate for Acadia Realty Trust’s current-year FFO per share has been revised a cent upward over the past month to $1.28.Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
05/06 12:51 EST - zacks.com
Kite Realty Group (KRG) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kite Realty Group (KRG) have what it takes?
Kite Realty Group (KRG) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kite Realty Group (KRG) have what it takes?
05/01 17:05 EST - seekingalpha.com
Kite Realty Group Trust (KRG) Q1 2024 Earnings Call Transcript
Kite Realty Group Trust (NYSE:KRG ) Q1 2024 Results Conference Call May 1, 2024 1:00 PM ET Company Participants Bryan McCarthy - Senior Vice President-Corporate Marketing and Communications John Kite - Chairman and Chief Executive Officer Heath Fear - Executive Vice President and Chief Financial Officer Tom McGowan - President and Chief Operating Officer Conference Call Participants Todd Thomas - KeyBanc Capital Markets Floris van Dijkum - Compass Point Craig Mailman - Citi Linda Tsai - Jefferies Connor Mitchell - Piper Sandler Lizzy Doykan - Bank of America Anthony Powell - Barclays Capital Wes Golladay - Baird Paulina Rojas - Green Street Dori Kesten - Wells Fargo Operator Thank you for standing by. Welcome to the first quarter 2024 Kite Realty Group Trust earnings conference call.
Kite Realty Group Trust (KRG) Q1 2024 Earnings Call Transcript
Kite Realty Group Trust (NYSE:KRG ) Q1 2024 Results Conference Call May 1, 2024 1:00 PM ET Company Participants Bryan McCarthy - Senior Vice President-Corporate Marketing and Communications John Kite - Chairman and Chief Executive Officer Heath Fear - Executive Vice President and Chief Financial Officer Tom McGowan - President and Chief Operating Officer Conference Call Participants Todd Thomas - KeyBanc Capital Markets Floris van Dijkum - Compass Point Craig Mailman - Citi Linda Tsai - Jefferies Connor Mitchell - Piper Sandler Lizzy Doykan - Bank of America Anthony Powell - Barclays Capital Wes Golladay - Baird Paulina Rojas - Green Street Dori Kesten - Wells Fargo Operator Thank you for standing by. Welcome to the first quarter 2024 Kite Realty Group Trust earnings conference call.
04/30 20:06 EST - zacks.com
Here's What Key Metrics Tell Us About Kite Realty Group (KRG) Q1 Earnings
The headline numbers for Kite Realty Group (KRG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Here's What Key Metrics Tell Us About Kite Realty Group (KRG) Q1 Earnings
The headline numbers for Kite Realty Group (KRG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
04/30 18:56 EST - zacks.com
Kite Realty Group (KRG) Q1 FFO Meet Estimates
Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.50 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.51 per share a year ago.
Kite Realty Group (KRG) Q1 FFO Meet Estimates
Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.50 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.51 per share a year ago.
04/30 16:15 EST - globenewswire.com
Kite Realty Group Trust Reports First Quarter 2024 Operating Results
INDIANAPOLIS, April 30, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, reported today its operating results for the first quarter ended March 31, 2024. For the quarters ended March 31, 2024 and 2023, net income attributable to common shareholders was $14.2 million, or $0.06 per diluted share, compared to $5.4 million, or $0.02 per diluted share, respectively.
Kite Realty Group Trust Reports First Quarter 2024 Operating Results
INDIANAPOLIS, April 30, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, reported today its operating results for the first quarter ended March 31, 2024. For the quarters ended March 31, 2024 and 2023, net income attributable to common shareholders was $14.2 million, or $0.06 per diluted share, compared to $5.4 million, or $0.02 per diluted share, respectively.
04/18 16:30 EST - investorplace.com
3 Russell 2000 Stocks to Buy Now: Q2 Edition
The Russell 2000 is a stock market index that holds approximately 2000 stocks that trade mostly within the small-cap range. The iShares Russell 2000 ETF (NYSEARCA: IWM ) is a benchmark to represent the Russell 2000 index.
3 Russell 2000 Stocks to Buy Now: Q2 Edition
The Russell 2000 is a stock market index that holds approximately 2000 stocks that trade mostly within the small-cap range. The iShares Russell 2000 ETF (NYSEARCA: IWM ) is a benchmark to represent the Russell 2000 index.
04/18 12:46 EST - zacks.com
Kite Realty Group (KRG) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kite Realty Group (KRG) have what it takes?
Kite Realty Group (KRG) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kite Realty Group (KRG) have what it takes?
04/16 13:05 EST - seekingalpha.com
Kite Realty: Near 52-Week Low With 5% Yield Makes It A Buy
Kite Realty Group is a REIT with a focus on open-air shopping centers in Sunbelt markets. KRG has demonstrated strong operating metrics, including double-digit cash lease spreads.
Kite Realty: Near 52-Week Low With 5% Yield Makes It A Buy
Kite Realty Group is a REIT with a focus on open-air shopping centers in Sunbelt markets. KRG has demonstrated strong operating metrics, including double-digit cash lease spreads.
04/02 12:46 EST - zacks.com
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kite Realty Group (KRG) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kite Realty Group (KRG) have what it takes?
03/20 16:15 EST - globenewswire.com
Kite Realty Group Trust to Report First Quarter 2024 Financial Results on April 30, 2024
INDIANAPOLIS, March 20, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2024, after the market closes on Tuesday, April 30, 2024. KRG will conduct a conference call to discuss its financial results on Wednesday, May 1, 2024 at 1:00 p.m. Eastern Time.
Kite Realty Group Trust to Report First Quarter 2024 Financial Results on April 30, 2024
INDIANAPOLIS, March 20, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2024, after the market closes on Tuesday, April 30, 2024. KRG will conduct a conference call to discuss its financial results on Wednesday, May 1, 2024 at 1:00 p.m. Eastern Time.
03/13 16:30 EST - globenewswire.com
Fitch Upgrades Kite Realty Group Trust's Rating Outlook to ‘Positive' from ‘Stable'
INDIANAPOLIS, March 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Fitch Ratings (“Fitch”) revised its rating outlook for KRG to ‘Positive' from ‘Stable' and affirmed the Company's ratings, including the ‘BBB' Issuer Default Rating.
Fitch Upgrades Kite Realty Group Trust's Rating Outlook to ‘Positive' from ‘Stable'
INDIANAPOLIS, March 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Fitch Ratings (“Fitch”) revised its rating outlook for KRG to ‘Positive' from ‘Stable' and affirmed the Company's ratings, including the ‘BBB' Issuer Default Rating.
03/05 09:00 EST - seekingalpha.com
Winners Of REIT Earnings Season
Over 200 U.S. REITs and homebuilders have reported fourth-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate industry. Beneath the "Rates Up, REITs Down" headwinds, REITs delivered a surprisingly solid earnings season, and certainly better than the downbeat prevailing narrative of "CRE distress" would suggest. Consistent with the "Tale of Two Economies" trends that we've discussed, upside surprises this earnings season came largely from the service-oriented pro-cyclical property sectors - retail, hotel, and specialty REITs.
Winners Of REIT Earnings Season
Over 200 U.S. REITs and homebuilders have reported fourth-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate industry. Beneath the "Rates Up, REITs Down" headwinds, REITs delivered a surprisingly solid earnings season, and certainly better than the downbeat prevailing narrative of "CRE distress" would suggest. Consistent with the "Tale of Two Economies" trends that we've discussed, upside surprises this earnings season came largely from the service-oriented pro-cyclical property sectors - retail, hotel, and specialty REITs.
02/29 16:15 EST - globenewswire.com
Kite Realty Group Trust to Present at the Citi 2024 Global Property CEO Conference
INDIANAPOLIS, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at the Citi 2024 Global Property CEO Conference on Monday, March 4, 2024. The presentation information is as follows:
Kite Realty Group Trust to Present at the Citi 2024 Global Property CEO Conference
INDIANAPOLIS, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will present at the Citi 2024 Global Property CEO Conference on Monday, March 4, 2024. The presentation information is as follows:
02/26 16:15 EST - globenewswire.com
Kite Realty Group Trust Upgraded by Moody's to Baa2 with Stable Outlook
INDIANAPOLIS, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Moody's Investors Service (“Moody's”) upgraded the Company's corporate credit rating to Baa2 from Baa3 and maintained a stable rating outlook.
Kite Realty Group Trust Upgraded by Moody's to Baa2 with Stable Outlook
INDIANAPOLIS, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Moody's Investors Service (“Moody's”) upgraded the Company's corporate credit rating to Baa2 from Baa3 and maintained a stable rating outlook.
02/14 16:52 EST - seekingalpha.com
Kite Realty Group Trust (KRG) Q4 2023 Earnings Call Transcript
Kite Realty Group Trust (KRG) Q4 2023 Earnings Call Transcript
Kite Realty Group Trust (KRG) Q4 2023 Earnings Call Transcript
Kite Realty Group Trust (KRG) Q4 2023 Earnings Call Transcript
02/13 20:31 EST - zacks.com
Kite Realty Group (KRG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Kite Realty Group (KRG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Kite Realty Group (KRG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Kite Realty Group (KRG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
02/13 16:15 EST - globenewswire.com
Kite Realty Group Trust Reports Fourth Quarter and Full Year 2023 Operating Results and Provides 2024 Guidance
INDIANAPOLIS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2023. For the quarters ended December 31, 2023 and 2022, net income attributable to common shareholders was $8.0 million, or $0.04 per diluted share, compared to a net loss of $1.1 million, or $0.01 per diluted share, respectively. For the years ended December 31, 2023 and 2022, net income attributable to common shareholders was $47.5 million, or $0.22 per diluted share, compared to a net loss of $12.6 million, or $0.06 per diluted share, respectively.
Kite Realty Group Trust Reports Fourth Quarter and Full Year 2023 Operating Results and Provides 2024 Guidance
INDIANAPOLIS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2023. For the quarters ended December 31, 2023 and 2022, net income attributable to common shareholders was $8.0 million, or $0.04 per diluted share, compared to a net loss of $1.1 million, or $0.01 per diluted share, respectively. For the years ended December 31, 2023 and 2022, net income attributable to common shareholders was $47.5 million, or $0.22 per diluted share, compared to a net loss of $12.6 million, or $0.06 per diluted share, respectively.
02/12 10:21 EST - zacks.com
Kite Realty Group (KRG) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Beyond analysts' top -and-bottom-line estimates for Kite Realty Group (KRG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
Kite Realty Group (KRG) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Beyond analysts' top -and-bottom-line estimates for Kite Realty Group (KRG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
02/12 09:51 EST - zacks.com
Why Kite Realty Group (KRG) Might Surprise This Earnings Season
Kite Realty Group (KRG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Why Kite Realty Group (KRG) Might Surprise This Earnings Season
Kite Realty Group (KRG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.