STOCK TITAN

Kite Realty Group Trust - KRG STOCK NEWS

Welcome to our dedicated page for Kite Realty Group Trust news (Ticker: KRG), a resource for investors and traders seeking the latest updates and insights on Kite Realty Group Trust stock.

Kite Realty Group Trust (NYSE: KRG) is a full-service, vertically-integrated real estate investment trust (REIT) headquartered in Indianapolis, IN. The company specializes in the ownership, operation, acquisition, development, and redevelopment of high-quality open-air shopping centers and mixed-use assets across the United States.

As of June 30, 2016, Kite Realty Group Trust had interests in a portfolio of 121 operating, development, and redevelopment properties totaling approximately 24 million square feet located in 20 states. Their core business strategy focuses on maximizing the cash flow of their operating properties, successfully completing the construction and lease-up of their development portfolio, and identifying additional growth opportunities through acquisitions and redevelopments.

The company places a significant emphasis on grocery-anchored neighborhood and community centers, particularly in high-growth Sun Belt regions and select strategic gateway markets. This, combined with vibrant mixed-use assets, makes their portfolio appealing to both retailers and consumers.

One of their latest projects includes the management of Cool Springs Market in Franklin, Tennessee, which welcomes a new Nordstrom Rack store scheduled to open in fall 2024. This addition highlights the company's continuous efforts in enhancing their property offerings and expanding their footprint in strategic locations.

Kite Realty Group Trust generates a majority of its revenue from contractual rents and reimbursement payments received from tenants. Their long-term success is driven by nearly 60 years of experience in developing, constructing, and operating real estate, coupled with a robust strategy to leverage existing infrastructure and relationships to generate attractive risk-adjusted returns.

For more information, please visit kiterealty.com.

Rhea-AI Summary
S&P Ratings revised Kite Realty Group Trust's rating outlook to 'Positive' and affirmed the 'BBB-' Issuer Credit Rating. KRG's strong operating and financial performance since its merger with RPAI contributed to deleveraging its balance sheet. Manageable lease expirations over the next two years are expected to support occupancy levels and cash flow stability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
none
-
Rhea-AI Summary
Kite Realty Group Trust (NYSE: KRG) will release Q3 2023 financial results on Oct 30, 2023, and conduct a conference call on Oct 31, 2023 at 1:00 p.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.28%
Tags
conferences earnings
-
Rhea-AI Summary
Kite Realty Group (NYSE: KRG) continues to draw up-and-coming brands to Southlake Town Square, offering a unique mix of retail offerings to shoppers. New brands like Vuori, johnnie-O, Chubbies, Southern Tide, FOUNT, Tecovas, Faherty, and Skin Laundry are set to open at the lifestyle destination, along with the new restaurant Postino WineCafé. Aritzia and Mizzen + Main have already opened in June, adding to the diverse shopping experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
Tags
-
Rhea-AI Summary
Kite Realty Group Trust (NYSE: KRG) Announces Annual Corporate Responsibility Report Highlighting ESG Practices and Achievements
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.07%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
Tags
conferences earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
none
-
Rhea-AI Summary

Kite Realty Group Trust (NYSE: KRG) will announce its financial results for Q1 2023 on May 1, 2023, after market close. A conference call is scheduled for May 2, 2023, at 1:00 PM ET to discuss these results. KRG operates one of the largest portfolios of grocery-anchored shopping centers and mixed-use assets, primarily located in high-growth markets across the Sun Belt. As of December 31, 2022, KRG owned interests in 183 properties, spanning approximately 28.8 million square feet of gross leasable space. Investors can access the conference call and webcast through KRG's official site for detailed insights into the company’s financial performance and strategic outlook.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
conferences earnings
-
Rhea-AI Summary

Kite Realty Group Trust (NYSE: KRG) will release its financial results for Q1 2023 on May 2, 2023, after market close. The company will host a conference call the same day at 5:00 p.m. Eastern Time to discuss these results. KRG is a leading real estate investment trust, focusing primarily on open-air shopping centers and mixed-use assets, particularly grocery-anchored properties in high-growth markets. As of December 31, 2022, KRG owned interests in 183 properties, totaling approximately 28.8 million square feet of gross leasable space. For more details, visit the company’s official website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
Tags
conferences earnings
Rhea-AI Summary

Kite Realty Group Trust (NYSE: KRG) will present at the Citi 2023 Global Property CEO Conference on March 6, 2023, at 10:35 a.m. EST. The event will feature a management presentation, which can be accessed via a live webcast.

A replay will be available on kiterealty.com after the conference. As of December 31, 2022, KRG owns interests in 183 U.S. shopping centers and mixed-use assets, totaling approximately 28.8 million square feet.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
conferences

FAQ

What is the current stock price of Kite Realty Group Trust (KRG)?

The current stock price of Kite Realty Group Trust (KRG) is $27.4 as of November 22, 2024.

What is the market cap of Kite Realty Group Trust (KRG)?

The market cap of Kite Realty Group Trust (KRG) is approximately 6.0B.

What is Kite Realty Group Trust?

Kite Realty Group Trust is a full-service, vertically-integrated REIT engaged primarily in the ownership, operation, acquisition, development, and redevelopment of high-quality open-air shopping centers and mixed-use assets in the U.S.

Where is Kite Realty Group Trust headquartered?

Kite Realty Group Trust is headquartered in Indianapolis, IN.

What is the company's primary business focus?

The company focuses on owning, operating, acquiring, developing, and redeveloping high-quality neighborhood and community shopping centers and mixed-use assets.

How large is Kite Realty Group Trust's property portfolio?

As of June 30, 2016, the company owned interests in 121 properties totaling approximately 24 million square feet across 20 states.

What is the company's strategy?

Kite Realty Group Trust aims to maximize the cash flow of their operating properties, complete the construction and lease-up of their development portfolio, and identify further growth opportunities through acquisitions and redevelopments.

How does Kite Realty Group Trust generate revenue?

The company generates the majority of its revenue from contractual rents and reimbursement payments received from tenants.

What recent projects has Kite Realty Group Trust been involved in?

One of their notable projects includes managing Cool Springs Market in Franklin, TN, where a new Nordstrom Rack store is set to open in fall 2024.

What sectors does Kite Realty Group Trust focus on?

The company focuses on the shopping center sector, particularly in markets where they can leverage their existing infrastructure and relationships.

How long has Kite Realty Group Trust been in business?

Publicly listed since 2004, Kite Realty Group Trust has nearly 60 years of experience in the real estate industry.

Where can more information about Kite Realty Group Trust be found?

More information can be found on their official website at https://kiterealty.com.

Kite Realty Group Trust

NYSE:KRG

KRG Rankings

KRG Stock Data

5.99B
217.78M
0.85%
96.34%
2.53%
REIT - Retail
Real Estate Investment Trusts
Link
United States of America
INDIANAPOLIS