A Few Bright Spots In Kite Realty Group Trust (NYSE: KRG)

Kite Realty Group Trust (NYSE:KRG) currently has a daily average trading volume of 1.43M but it saw 1107001 shares traded in last market. With a market cap of 5.74B USD, the company’s current market price of $26.11 came falling about -0.08 while comparing to the previous closing price of $26.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.15 and as low as $19.64. In the recent trading on the day, stock has struck highest price mark of $25.94 while lowest mark touched by it was $26.4.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which upgraded the stock as “Equal Weight” in its note to investors issued on August 28, 2024, recommending a price target of between $23 and $26 for it. Raymond James upgraded its recommendation for the stock as a “Strong Buy” from “Mkt Perform” on August 16, 2024 while assigning a price target of $28. Jefferies also issued its recommendations for the stock as it upgraded the price target for the stock is $23.

Over the week, KRG’s stock price is moving -0.34% down while it is -2.43% when we observe its performance for the past one month. Year-to-date it is 14.22% up and over the past year, the stock is showing an upside performance of 29.90%.

Currently, Kite Realty Group Trust’s total number of outstanding shares is 219.45M. Company’s return on investment (ROI) stands at -0.37% and return on equity (ROE) at -0.69%. It has a 70.84 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.68 while price to sale or P/S ratio amounts to 6.89. Its return on asset (ROA) is -0.35% on average.