Kite Realty Group Trust (KRG) concluded trading on Thursday at a closing price of $23.24, with 5.39 million shares of worth about $125.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.64% during that period and on February 13, 2025 the price saw a gain of about 1.26%. Currently the company’s common shares owned by public are about 219.67M shares, out of which, 217.81M shares are available for trading.
Stock saw a price change of 0.22% in past 5 days and over the past one month there was a price change of 1.93%. Year-to-date (YTD), KRG shares are showing a performance of -7.92% which increased to 7.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.62 but also hit the highest price of $28.24 during that period. The average intraday trading volume for Kite Realty Group Trust shares is 1.70 million. The stock is currently trading -0.49% below its 20-day simple moving average (SMA20), while that difference is down -5.12% for SMA50 and it goes to -4.72% lower than SMA200.
Kite Realty Group Trust (NYSE: KRG) currently have 219.67M outstanding shares and institutions hold larger chunk of about 98.20% of that.
The stock has a current market capitalization of $5.11B and its 3Y-monthly beta is at 1.33. PE ratio of stock for trailing 12 months is 1291.11, while it has posted earnings per share of $0.02 in the same period. It has a debt-to-equity ratio of 1.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KRG, volatility over the week remained 2.56% while standing at 2.40% over the month.
Stock’s fiscal year EPS is expected to rise by 1655.10% while it is estimated to increase by 32.30% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on Feb-14-25 offering a Neutral rating for the stock and assigned a target price range of between $33 and $25 to it. Coverage by Jefferies stated Kite Realty Group Trust (KRG) stock as a Hold in their note to investors on January 02, 2025, suggesting a price target of $27 for the stock. On August 28, 2024, Wells Fargo Upgrade their recommendations, while on August 16, 2024, Raymond James Upgrade their ratings for the stock with a price target of $28. Stock get a Buy rating from Jefferies on April 18, 2024.
