There is no shortage of investors who are bullish on Kite Realty Group Trust (KRG) stock

A share price of Kite Realty Group Trust [KRG] is currently trading at $25.28, down -0.28%. 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 1.08% over the last week, with a monthly amount glided 7.12%, and 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 August 16, 2024, when Raymond James upgraded its rating to a Strong Buy but kept the price target unchanged to $28 for it. Previously, Jefferies upgraded its rating to Buy on April 18, 2024, and kept the price target unchanged to $23. On September 05, 2023, downgrade downgraded it’s rating to Mkt Perform. Wells Fargo started tracking the stock assigning a Underweight rating and suggested a price target of $20 on May 24, 2023. JP Morgan initiated its recommendation with a Neutral and recommended $23 as its price target on April 24, 2023. Robert W. Baird downgraded its rating to Neutral for this stock on January 06, 2023, and downed its price target to $25. In a note dated November 09, 2022, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $22 to $25.

Kite Realty Group Trust experienced fluctuations in its stock price throughout the past year between $19.64 and $25.56. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Kite Realty Group Trust [NYSE: KRG] shares were valued at $25.28 at the most recent close of the market. An investor can expect a potential return of 2.85% based on the average KRG price forecast.

Analyzing the KRG fundamentals

Trailing Twelve Months sales for Kite Realty Group Trust [NYSE:KRG] were 832.15M which represents 2.24% growth. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.

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 25.18 points at the first support level, and at 25.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.39, and for the 2nd resistance point, it is at 25.49.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 6.67, the price to book ratio is 1.62.

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.

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