Kite Realty Group Trust (KRG) to Release Quarterly Earnings on Tuesday

Kite Realty Group Trust (NYSE:KRG) will release its earnings data after the market closes on Tuesday, July 30th. Analysts expect Kite Realty Group Trust to post earnings of $0.51 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Kite Realty Group Trust Trading Up 1.6 %

NYSE KRG opened at $24.06 on Monday. The company has a market cap of $5.28 billion, a price-to-earnings ratio of 92.54, a price-to-earnings-growth ratio of 6.07 and a beta of 1.31. Kite Realty Group Trust has a twelve month low of $19.64 and a twelve month high of $24.26. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.90. The business’s fifty day moving average is $22.25 and its 200 day moving average is $21.60.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on KRG. Jefferies Financial Group raised Kite Realty Group Trust from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Thursday, April 18th. Wells Fargo & Company lifted their target price on shares of Kite Realty Group Trust from $22.00 to $23.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Kite Realty Group Trust has an average rating of “Hold” and an average target price of $26.00.

Kite Realty Group Trust Company Profile

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.