Kite Realty Group Trust (NYSE:KRG) Sets New 12-Month High – Here’s Why

Posted by George Bondi on May 14th, 2026

Shares of Kite Realty Group Trust (NYSE:KRG – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $26.83 and last traded at $26.7560, with a volume of 1829399 shares traded. The stock had previously closed at $26.67.

Analysts Set New Price Targets

A number of brokerages have issued reports on KRG. Wells Fargo & Company boosted their target price on Kite Realty Group Trust from $25.00 to $28.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Wall Street Zen cut Kite Realty Group Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Robert W. Baird boosted their price target on shares of Kite Realty Group Trust from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. Weiss Ratings raised shares of Kite Realty Group Trust from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Finally, Citigroup restated a “neutral” rating and issued a $27.00 price objective (up from $24.00) on shares of Kite Realty Group Trust in a report on Tuesday, February 24th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $26.38.

Get Our Latest Research Report on Kite Realty Group Trust

Kite Realty Group Trust Stock Performance

The stock has a market capitalization of $5.33 billion, a PE ratio of 19.73, a price-to-earnings-growth ratio of 4.05 and a beta of 0.86. 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 stock has a fifty day moving average of $25.57 and a 200-day moving average of $24.30.

Kite Realty Group Trust (NYSE:KRG – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). The company had revenue of $200.70 million for the quarter, compared to analysts’ expectations of $198.37 million. Kite Realty Group Trust had a return on equity of 9.21% and a net margin of 34.74%.Kite Realty Group Trust has set its FY 2026 guidance at 2.060-2.120 EPS. Equities analysts anticipate that Kite Realty Group Trust will post 2.1 earnings per share for the current fiscal year.

Kite Realty Group Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Thursday, July 9th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $1.16 annualized dividend and a yield of 4.4%. Kite Realty Group Trust’s dividend payout ratio (DPR) is 87.22%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in shares of Kite Realty Group Trust in the 3rd quarter valued at $516,000. Candriam S.C.A. acquired a new position in Kite Realty Group Trust in the third quarter valued at $2,066,000. Envestnet Asset Management Inc. boosted its stake in Kite Realty Group Trust by 22.4% in the third quarter. Envestnet Asset Management Inc. now owns 300,382 shares of the real estate investment trust’s stock valued at $6,699,000 after acquiring an additional 54,914 shares in the last quarter. Centersquare Investment Management LLC grew its holdings in shares of Kite Realty Group Trust by 9.9% during the third quarter. Centersquare Investment Management LLC now owns 8,130,960 shares of the real estate investment trust’s stock worth $181,320,000 after purchasing an additional 733,378 shares during the last quarter. Finally, AlphaQuest LLC increased its position in shares of Kite Realty Group Trust by 227.5% during the third quarter. AlphaQuest LLC now owns 62,930 shares of the real estate investment trust’s stock worth $1,403,000 after purchasing an additional 43,716 shares in the last quarter. Institutional investors and hedge funds own 90.81% of the company’s stock.

About Kite Realty Group Trust

(Get Free Report)

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.