Kite Realty Group Trust

Kite Realty Group Trust

KRG
Kite Realty Group TrustUS flagNew York Stock Exchange
26.84
USD
-0.15
- -
5.45BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.5
4.45
4.16
4.24
4.29
4.23
3.76
3.17
3.37
3.66
3.74
3.81
3.87
3.83
Basic EPS, GAAP
-0.48
-0.24
0.23
0.01
0.14
-0.56
-0.01
-0.19
-0.73
-0.06
0.22
0.02
1.37
1.33
Free Cash Flow per Basic Share
2.22
0.73
2.03
1.86
1.85
1.84
1.64
1.14
0.91
1.73
1.8
1.91
1.97
1.89
Dividend per Share
1.23
0.94
1.17
1.13
1.21
1.27
1.59
0.45
0.52
0.82
0.96
1.01
1.08
1.24
Book Value per Share
-7.34
-4.23
-3.86
-5.02
-6.09
-7.91
-9.16
-9.79
-8.68
-5.5
-6.25
-7.25
-7.15
-7.49
Tangible Book Value per Share
29.53
31.16
20.67
19.98
19.07
17.13
15.86
15.08
31.6
15.9
15.23
14.45
13.02
13.53
Basic Weighted Avg Shares
24
58
83
83
84
84
84
84
111
219
219
220
218
215
Sales/Revenue/Turnover
129
260
347
354
359
354
315
267
373
802
821
837
844
823
Operating Margin (%)
23.02
11.3
21.15
18.47
20.11
24.84
22.37
11.36
9.05
8.17
15.64
20.79
23.09
23.03
Depreciation Expense
58
124
171
179
175
156
135
131
203
473
430
398
380
365
Net Income, GAAP
-3
-6
27
1
12
-47
-1
-16
-81
-13
47
4
299
286
Effective Tax Rate (%)
- -
- -
0.73
20.71
- -
- -
- -
- -
- -
- -
1.09
3.05
0.15
0.29
Profit Margin (%)
-2.2
-2.2
7.81
0.33
3.31
-13.15
-0.17
-6.08
-21.65
-1.58
5.78
0.49
35.37
34.78
Working Capital
-7
48
-12
-83
-49
-24
62
28
13
-27
-43
476
367
197
LT Debt
893
1,520
1,817
1,750
1,722
1,567
1,226
1,218
3,376
3,266
2,829
3,227
2,940
2,939
Total Equity
801
2,027
1,819
1,732
1,638
1,459
1,342
1,275
3,982
3,826
3,644
3,412
3,192
2,990
Return on Invested Capital (%)
- -
- -
1.98
1.44
- -
- -
- -
- -
- -
- -
1.87
2.57
3.03
3.08
Return on Capital (%)
- -
- -
4.95
3.3
- -
- -
- -
- -
- -
- -
8.25
7.69
25.59
28.32
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
85
53
LT Borrowings
2,942
2,940
2,939
LT Finance Leases
188
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
217
209
203
Market Capitalization
4,898
5,233
5,274

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
281
677
410
Cash, Cash Equivalents & STI
69
37
33
Accounts Receivable, Net
58
57
61
Inventories
- -
- -
- -
Total Current Liabilities
242
310
214
Payables & Accruals
210
221
157
ST Debt
- -
85
53
Deferred Revenue
27
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.67%
38.18%
-6.46%
Free Cash Flow
24.55%
59.16%
2.54%
Net Income, GAAP
1,013.78%
1,396.55%
7,236.35%
Sales/Revenue/Turnover
13.57%
32.01%
0.82%
Total Cash Common Dividend
26.25%
58.31%
6.62%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
207
212
207
215
837
2025
221
213
205
204
844
2026
201
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
-0.22
0.08
0.1
0.02
2025
0.11
0.5
-0.07
0.84
1.37
2026
0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.25
0.25
0.26
1.01
2025
0.27
0.27
0.27
0.27
1.08
2026
0.44
- -
- -
- -
- -

Company Description

APIChat
CEO
John A. Kite
Full Time Employees
227
Sector
Real Estate
Industry
REIT - Retail
Address
30 South Meridian Street Indianapolis IN United States of America 46204
IPO Date
Aug 12, 2004
Business
Kite Realty Group Trust specializes in owning, operating, acquiring, developing, and redeveloping high-quality open-air shopping centers and mixed-use assets. The company’s core portfolio primarily consists of grocery-anchored neighborhood and community retail centers as well as vibrant mixed-use properties, mainly located in high-growth Sun Belt markets and select strategic gateway markets across the United States. Kite Realty Group's assets encompass approximately 27.8 million square feet of gross leasable space in about 180 open-air shopping centers as of early 2025. The company generates revenue primarily through contractual rents and reimbursement payments from tenants. Founded in 1971 and headquartered in Indianapolis, Indiana, Kite Realty Group Trust has nearly six decades of experience in real estate development, construction, and management. In recent years, Kite Realty completed a transformative merger with Retail Properties of America in 2021, significantly expanding its portfolio footprint to 185 open-air shopping centers comprising about 30 million square feet. In April 2025, Kite Realty, in a joint venture with GIC Private Limited, acquired Legacy West, an iconic mixed-use asset in Dallas, Texas, for approximately $790 million, marking a major strategic expansion in a key market. Additionally, Kite Realty Group priced $300 million in senior notes due in 2032 to support its growth and capital strategy. The company has also focused on optimizing its portfolio through active leasing, development, and redevelopment initiatives to maximize long-term value. Kite Realty’s board recently approved a 7.4% year-over-year dividend increase reflecting a strong commitment to shareholder returns despite industry challenges. The company targets necessity-based retail anchored by grocery tenants, offering a stable income stream with a diverse tenant base. Its strategic emphasis remains on markets characterized by favorable demographics and economic growth, particularly in warmer climates with lower costs. With an experienced management team led by Chairman and CEO John A. Kite, Kite Realty continues to execute its strategy of portfolio enhancement, capital recycling, and prudent financial management to sustain its position as a leading publicly traded retail-focused real estate investment trust (REIT) in the U.S. market.

Company News

APIChat
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  • Kite Realty Group to Report First Quarter 2026 Financial Results on April 29, 2026

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  • Kite Realty: Buy This REIT For Drama-Free Income

  • Centersquare Investment Management LLC Purchases 733,378 Shares of Kite Realty Group Trust $KRG

  • Kite Realty Group to Present at the Citi 2026 Global Property CEO Conference

  • Envestnet Asset Management Inc. Has $6.70 Million Holdings in Kite Realty Group Trust $KRG

  • Kite Realty Group Trust Q4 Earnings Call Highlights

  • Kite Realty Group Trust (KRG) Q4 2025 Earnings Call Transcript

  • Compared to Estimates, Kite Realty Group (KRG) Q4 Earnings: A Look at Key Metrics