Kite Realty Group Trust (NYSE:KRG – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.51 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Kite Realty Group Trust Stock Up 0.9 %
Shares of KRG stock opened at $26.14 on Wednesday. The stock’s 50 day simple moving average is $25.97 and its 200 day simple moving average is $23.47. Kite Realty Group Trust has a twelve month low of $19.64 and a twelve month high of $27.15. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.08 and a current ratio of 2.08. The company has a market capitalization of $5.74 billion, a price-to-earnings ratio of 100.54, a PEG ratio of 3.93 and a beta of 1.29.
Kite Realty Group Trust Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Wednesday, October 9th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.98%. The ex-dividend date was Wednesday, October 9th. This is an increase from Kite Realty Group Trust’s previous quarterly dividend of $0.25. Kite Realty Group Trust’s dividend payout ratio (DPR) is 400.00%.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on Kite Realty Group Trust
Insider Activity at Kite Realty Group Trust
In related news, Director Steven P. Grimes sold 37,295 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $26.80, for a total value of $999,506.00. Following the completion of the transaction, the director now directly owns 732,252 shares in the company, valued at approximately $19,624,353.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.00% of the company’s stock.
Kite Realty Group Trust Company Profile
Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets.
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