![]() The company’s primarily grocery-anchored portfolio is located in high-growth warmer and cheaper markets and select. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of B. Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN and one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. Kite Realty Group has a Value Score of C. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style. These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). Indianapolis Star View Comments 0:00 0:56 Indianapolis-based Kite Realty Group Trust announced Monday that it plans to merge with Oak Brook, Illinois, real estate investment trust. Kite Realty Group may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself. This represents a year-over-year change of 4.4% and 3.99%, respectively. ![]() For the next fiscal year, the company is expected to earn $2.06 per share on $849.09 million in revenues. This represents a 2.07% change in EPS on a 1.81% change in revenues. In its last earnings report on May 1, 2023, Kite Realty Group reported EPS of $0.02 versus consensus estimate of $0.47 while it beat the consensus revenue estimate by 3.58%.įor the current fiscal year, Kite Realty Group is expected to post earnings of $1.97 per share on $816.5 million in revenues. The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. Kite Realty Group Trust Watch list Open Last Updated: 11:36 a.m. Kite Realty Group has gained 8.7% since the start of the year compared to the 6.5% move for the Zacks Finance sector and the 9.3% return for the Zacks REIT and Equity Trust - Retail industry. Some are simply designed, while others take weeks to complete among the selections are kites shaped like dragonflies, sleek turtles, and long-finned goldfish. The stock hit a new 52-week high of $23.25 in the previous session. Have you been paying attention to shares of Kite Realty Group (KRG)? Shares have been on the move with the stock up 8.7% over the past month.
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