Kite Realty Group Trust [KRG] stock is trading at $20.89, up 1.61%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KRG shares have gain 3.42% over the last week, with a monthly amount drifted -0.38%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kite Realty Group Trust [NYSE: KRG] stock has seen the most recent analyst activity on April 18, 2024, when Jefferies upgraded its rating to a Buy but kept the price target unchanged to $23 for it. Previously, Raymond James downgraded its rating to Mkt Perform on September 05, 2023. On May 24, 2023, Wells Fargo initiated with a Underweight rating and assigned a price target of $20 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $23 on April 24, 2023. Robert W. Baird downgraded its rating to a Neutral and reduced its price target to $25 on January 06, 2023. BofA Securities upgraded its rating to Buy for this stock on November 09, 2022, and upped its price target to $25. In a note dated September 19, 2022, Citigroup upgraded an Buy rating on this stock and boosted its target price from $20 to $22.
Kite Realty Group Trust [KRG] stock has fluctuated between $19.12 and $24.23 over the past year. Currently, Wall Street analysts expect the stock to reach $25.75 within the next 12 months. Kite Realty Group Trust [NYSE: KRG] shares were valued at $20.89 at the most recent close of the market. An investor can expect a potential return of 23.26% based on the average KRG price forecast.
Analyzing the KRG fundamentals
Kite Realty Group Trust [NYSE:KRG] reported sales of 827.84M for the trailing twelve months, which represents a drop of -2.13%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.79.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.59 points at the first support level, and at 20.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.10, and for the 2nd resistance point, it is at 21.31.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.54, the price to book ratio is 1.28 and price to earnings (TTM) ratio is 96.76.
Transactions by insiders
Recent insider trading involved Grimes Steven P, Director, that happened on Dec 14 ’23 when 21500.0 shares were sold. Chairman & CEO, Kite John A completed a deal on Dec 01 ’23 to sell 60000.0 shares. Meanwhile, Director WURTZEBACH CHARLES H sold 255.0 shares on Jun 15 ’23.
