A share price of Kite Realty Group Trust [KRG] is currently trading at $23.65, up 2.65%. 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 3.73% over the last week, with a monthly amount drifted -3.43%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kite Realty Group Trust [NYSE: KRG] stock has seen the most recent analyst activity on January 02, 2025, when Jefferies downgraded its rating to a Hold and also revised its price target to $27 from $31. Previously, Wells Fargo upgraded its rating to Equal Weight on August 28, 2024, and elevated its price target to $26. On August 16, 2024, upgrade upgraded it’s rating to Strong Buy but maintained its price target of $28 on the stock. Jefferies upgraded its rating to a Buy but stick to its price target of $23 on April 18, 2024. Raymond James downgraded its rating to a Mkt Perform. Wells Fargo started tracking with a Underweight rating for this stock on May 24, 2023, and assigned it a price target of $20. In a note dated April 24, 2023, JP Morgan initiated an Neutral rating and provided a target price of $23 on this stock.
Kite Realty Group Trust experienced fluctuations in its stock price throughout the past year between $19.64 and $28.24. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. Kite Realty Group Trust [NYSE: KRG] shares were valued at $23.65 at the most recent close of the market. An investor can expect a potential return of 22.62% based on the average KRG price forecast.
Analyzing the KRG fundamentals
Trailing Twelve Months sales for Kite Realty Group Trust [NYSE:KRG] were 833.37M which represents 0.59% growth. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 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 1.03.
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 23.14 points at the first support level, and at 22.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.94, and for the 2nd resistance point, it is at 24.23.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.23, the price to book ratio is 1.55.
Transactions by insiders
Recent insider trading involved Grimes Steven P, Director, that happened on Nov 27 ’24 when 27250.0 shares were sold. Director, Grimes Steven P completed a deal on Sep 16 ’24 to sell 37295.0 shares.
