Kite Realty Group Trust (KRG) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

KRG Stock Forecast


Kite Realty Group Trust stock forecast is as follows: an average price target of $29.00 (represents a 15.45% upside from KRG’s last price of $25.12) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

KRG Price Target


The average price target for Kite Realty Group Trust (KRG) is $29.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $26.00. This represents a potential 15.45% upside from KRG's last price of $25.12.

KRG Analyst Ratings


Buy

According to 10 Wall Street analysts, Kite Realty Group Trust's rating consensus is 'Buy'. The analyst rating breakdown for KRG stock is 1 'Strong Buy' (10.00%), 8 'Buy' (80.00%), 1 'Hold' (10.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Kite Realty Group Trust Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 04, 2024Floris van DijkumCompass Point$32.00$25.9823.20%27.39%
Sep 03, 2024Alexander GoldfarbPiper Sandler$33.00$26.0926.49%31.37%
Aug 28, 2024Dori KestenWells Fargo$26.00$25.960.15%3.50%
Aug 16, 2024Strong BuyRaymond James$28.00$25.0111.96%11.46%
Jul 31, 2024Wesley GolladayRobert W. Baird$26.00$25.492.00%3.50%
Jun 13, 2024Todd ThomasKeyBanc$25.00$22.1312.97%-0.48%
Apr 18, 2024Linda TsaiJefferies$23.00$20.0914.48%-8.44%
Jan 04, 2023Raymond James$26.00$21.6719.98%3.50%
Dec 06, 2022Barclays$27.00$22.1721.79%7.48%
Jun 22, 2022Compass Point$27.00$17.5054.29%7.48%

The latest Kite Realty Group Trust stock forecast, released on Sep 04, 2024 by Floris van Dijkum from Compass Point, set a price target of $32.00, which represents a 23.20% increase from the stock price at the time of the forecast ($25.98), and a 27.39% increase from KRG last price ($25.12).

Kite Realty Group Trust Price Target by Period


1M3M12M
# Anlaysts--7
Avg Price Target--$27.57
Last Closing Price$25.12$25.12$25.12
Upside/Downside-100.00%-100.00%9.75%

In the current month, the average price target of Kite Realty Group Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Kite Realty Group Trust's last price of $25.12. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024Raymond JamesStrong BuyStrong BuyHold
Sep 04, 2024Compass PointBuyBuyHold
Sep 03, 2024Piper SandlerOverweightOverweightHold
Aug 28, 2024Wells FargoEqual-WeightUpgrade
Aug 20, 2024KeyBancOverweightOverweightHold
Jun 13, 2024KeyBancOverweightOverweightHold
May 21, 2024BarclaysOverweightOverweightHold
Apr 18, 2024JefferiesBuyUpgrade
Jan 04, 2023Raymond JamesStrong BuyStrong BuyHold
Dec 06, 2022BarclaysOverweightOverweightHold
Nov 09, 2022Evercore ISIOutperformUpgrade
Nov 09, 2022Bank of America SecuritiesBuyUpgrade
Sep 19, 2022CitigroupBuyUpgrade
Jun 22, 2022Compass PointBuyBuyHold
Aug 25, 2021Raymond JamesStrong BuyUpgrade

Kite Realty Group Trust's last stock rating was published by Raymond James on Dec 09, 2024. The company gave KRG a "Strong Buy" rating, the same as its previous rate.

Kite Realty Group Trust Financial Forecast


Kite Realty Group Trust Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$200.28M$207.22M$208.76M$206.75M$204.69M$200.31M$202.60M$194.39M$162.95M$71.47M$69.53M$69.38M$68.36M$65.07M$63.30M$69.91M$75.23M$74.94M
Avg Forecast$227.33M$226.95M$226.45M$224.06M$217.17M$216.53M$216.10M$214.27M$208.87M$209.04M$207.58M$204.79M$205.76M$201.31M$202.33M$200.65M$191.23M$184.05M$183.57M$176.05M$158.50M$68.84M$67.53M$66.23M$64.55M$64.66M$63.22M$71.14M$73.36M$75.19M
High Forecast$232.69M$232.30M$231.79M$229.35M$222.29M$221.64M$221.20M$220.10M$212.11M$209.60M$213.12M$211.98M$206.57M$207.80M$207.10M$205.38M$195.74M$184.05M$183.57M$176.05M$158.50M$68.84M$67.53M$66.23M$64.55M$64.66M$63.22M$71.14M$73.36M$75.19M
Low Forecast$223.83M$223.45M$222.96M$220.61M$213.83M$213.20M$212.77M$210.25M$206.42M$208.47M$202.04M$197.61M$204.56M$198.10M$199.21M$197.56M$188.29M$184.05M$183.57M$176.05M$158.50M$68.84M$67.53M$66.23M$64.55M$64.66M$63.22M$71.14M$73.36M$75.19M
# Analysts222211145411376322223456633322
Surprise %------------0.97%1.03%1.03%1.03%1.07%1.09%1.10%1.10%1.03%1.04%1.03%1.05%1.06%1.01%1.00%0.98%1.03%1.00%

Kite Realty Group Trust's average Quarter revenue forecast for Mar 24 based on 1 analysts is $204.79M, with a low forecast of $197.61M, and a high forecast of $211.98M. KRG's average Quarter revenue forecast represents a 2.26% increase compared to the company's last Quarter revenue of $200.28M (Dec 23).

Kite Realty Group Trust EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145411376322223456633322
EBITDA------------$83.19M$82.45M$140.75M$139.03M$138.76M$134.44M$134.74M$127.88M$35.43M$36.66M$42.46M$67.91M$37.60M$42.19M$40.30M$44.17M$58.97M$27.13M
Avg Forecast$138.90M$138.67M$138.36M$136.90M$132.69M$132.30M$132.04M$130.92M$127.62M$127.72M$126.83M$138.40M$125.72M$123.00M$123.62M$148.02M$116.85M$117.69M$117.38M$158.31M$101.36M$44.02M$43.18M$42.35M$41.28M$41.35M$40.43M$66.25M$46.91M$73.24M
High Forecast$142.18M$141.93M$141.62M$140.13M$135.82M$135.42M$135.15M$134.48M$129.60M$128.07M$130.22M$166.08M$126.21M$126.97M$126.54M$177.63M$119.60M$117.69M$117.38M$189.98M$101.36M$44.02M$43.18M$42.35M$41.28M$41.35M$40.43M$79.50M$46.91M$87.89M
Low Forecast$136.76M$136.53M$136.23M$134.79M$130.65M$130.26M$130.01M$128.47M$126.12M$127.38M$123.45M$110.72M$124.99M$121.04M$121.72M$118.42M$115.04M$117.69M$117.38M$126.65M$101.36M$44.02M$43.18M$42.35M$41.28M$41.35M$40.43M$53.00M$46.91M$58.59M
Surprise %------------0.66%0.67%1.14%0.94%1.19%1.14%1.15%0.81%0.35%0.83%0.98%1.60%0.91%1.02%1.00%0.67%1.26%0.37%

1 analysts predict KRG's average Quarter EBITDA for Mar 24 to be $138.40M, with a high of $166.08M and a low of $110.72M. This is 66.36% upper than Kite Realty Group Trust's previous annual EBITDA (Dec 23) of $83.19M.

Kite Realty Group Trust Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145411376322223456633322
Net Income------------$7.98M$2.07M$32.06M$5.39M$-1.05M$-33.86M$13.13M$-16.83M$-100.16M$-6.96M$-242.00K$24.58M$-6.79M$-4.59M$-4.77M$-74.00K$15.28M$-19.73M
Avg Forecast$28.61M$26.41M$30.81M$26.41M$24.21M$21.28M$21.28M$20.54M$21.15M$16.46M$13.16M$-17.63M$2.85M$2.35M$-657.87K$-18.85M$-4.86B$-19.77M$-24.16M$-20.16M$10.25M$-1.46M$-6.59M$151.15M$-19.77M$-9.88M$-13.18M$-111.00K$5.49M$-53.28M
High Forecast$29.49M$27.22M$31.76M$27.22M$24.95M$21.93M$21.93M$20.94M$21.80M$16.81M$13.18M$-14.10M$2.91M$2.39M$-644.69K$-15.08M$-3.89B$-19.77M$-24.16M$-16.13M$10.25M$-1.46M$-6.59M$181.38M$-19.77M$-9.88M$-13.18M$-88.80K$5.49M$-42.63M
Low Forecast$28.04M$25.88M$30.20M$25.88M$23.73M$20.85M$20.85M$20.15M$20.75M$16.10M$13.14M$-21.15M$2.74M$2.32M$-678.02K$-22.62M$-5.83B$-19.77M$-24.16M$-24.20M$10.25M$-1.46M$-6.59M$120.92M$-19.77M$-9.88M$-13.18M$-133.20K$5.49M$-63.94M
Surprise %------------2.80%0.88%-48.73%-0.29%0.00%1.71%-0.54%0.83%-9.77%4.75%0.04%0.16%0.34%0.46%0.36%0.67%2.78%0.37%

Kite Realty Group Trust's average Quarter net income forecast for Mar 24 is $-17.63M, with a range of $-21.15M to $-14.10M. KRG's average Quarter net income forecast represents a -320.94% decrease compared to the company's last Quarter net income of $7.98M (Dec 23).

Kite Realty Group Trust SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145411376322223456633322
SG&A------------$14.34M$13.92M$14.50M$13.38M$12.88M$14.86M$13.81M$13.31M$10.31M$8.24M$8.16M$7.28M$42.67M$40.44M$37.99M$38.39M$38.46M$38.69M
Avg Forecast$19.68M$19.65M$19.60M$19.40M$18.80M$18.74M$18.71M$18.55M$18.08M$18.10M$17.97M$13.96M$17.81M$17.43M$17.51M$14.93M$16.55M$15.92M$15.88M$15.97M$13.71M$5.95M$5.84M$44.75M$5.58M$5.59M$5.47M$57.59M$6.34M$6.50M
High Forecast$20.14M$20.11M$20.06M$19.85M$19.24M$19.19M$19.15M$19.05M$18.36M$18.14M$18.45M$16.75M$17.88M$17.99M$17.93M$17.92M$16.94M$15.92M$15.88M$19.16M$13.71M$5.95M$5.84M$53.70M$5.58M$5.59M$5.47M$69.11M$6.34M$6.50M
Low Forecast$19.38M$19.34M$19.30M$19.10M$18.51M$18.46M$18.42M$18.20M$17.87M$18.05M$17.49M$11.17M$17.71M$17.15M$17.24M$11.95M$16.30M$15.92M$15.88M$12.78M$13.71M$5.95M$5.84M$35.80M$5.58M$5.59M$5.47M$46.07M$6.34M$6.50M
Surprise %------------0.81%0.80%0.83%0.90%0.78%0.93%0.87%0.83%0.75%1.38%1.40%0.16%7.64%7.23%6.95%0.67%6.06%5.95%

Kite Realty Group Trust's average Quarter SG&A projection for Mar 24 is $13.96M, based on 1 Wall Street analysts, with a range of $11.17M to $16.75M. The forecast indicates a -2.65% fall compared to KRG last annual SG&A of $14.34M (Dec 23).

Kite Realty Group Trust EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145411376322223456633322
EPS-------------$0.01$0.15$0.02$-0.00$-0.15$0.06$-0.08$-0.53$-0.08$-0.00$0.29$-0.08$-0.05$-0.06$-0.00$0.18$-0.24
Avg Forecast$0.13$0.12$0.14$0.12$0.11$0.10$0.10$0.09$0.10$0.07$0.06$0.04$0.01$0.01$-0.00$-0.03$-0.06$-0.09$-0.11$-0.09$0.05$-0.01$-0.03$-0.05$-0.09$-0.04$-0.06$0.01$0.03$0.07
High Forecast$0.13$0.12$0.14$0.12$0.11$0.10$0.10$0.10$0.10$0.08$0.06$0.04$0.01$0.01$-0.00$-0.03$-0.06$-0.09$-0.11$-0.09$0.05$-0.01$-0.03$-0.05$-0.09$-0.04$-0.06$0.01$0.03$0.07
Low Forecast$0.13$0.12$0.14$0.12$0.11$0.09$0.09$0.09$0.09$0.07$0.06$0.04$0.01$0.01$-0.00$-0.03$-0.07$-0.09$-0.11$-0.09$0.05$-0.01$-0.03$-0.05$-0.09$-0.04$-0.06$0.01$0.03$0.07
Surprise %-------------0.94%-50.18%-0.69%0.08%1.67%-0.55%0.82%-11.36%12.00%0.10%-5.80%0.89%1.11%1.00%-0.18%7.20%-3.43%

According to 3 Wall Street analysts, Kite Realty Group Trust's projected average Quarter EPS for Dec 23 is $0.01, with a low estimate of $0.01 and a high estimate of $0.01. This represents a 29.60% increase compared to KRG previous annual EPS of $0.01 (Sep 23).

Kite Realty Group Trust Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
UEUrban Edge Properties$22.28$25.0012.21%Buy
KRGKite Realty Group Trust$25.99$29.0011.58%Buy
PINEAlpine Income Property Trust$17.26$19.2511.53%Buy
FCPTFour Corners Property Trust$28.11$30.508.50%Buy
BFSSaul Centers$40.17$43.508.29%Buy
IVTInvenTrust Properties$30.85$33.006.97%Buy
AKRAcadia Realty Trust$25.16$25.00-0.64%Buy
ROICRetail Opportunity Investments$17.45$15.83-9.28%Hold
SITCSITE Centers$15.42$13.46-12.71%Hold

KRG Forecast FAQ


Is Kite Realty Group Trust a good buy?

Yes, according to 10 Wall Street analysts, Kite Realty Group Trust (KRG) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 8 'Buy' recommendations, accounting for 90.00% of KRG's total ratings.

What is KRG's price target?

Kite Realty Group Trust (KRG) average price target is $29 with a range of $26 to $33, implying a 15.45% from its last price of $25.12. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Kite Realty Group Trust stock go up soon?

According to Wall Street analysts' prediction for KRG stock, the company can go up by 15.45% (from the last price of $25.12 to the average price target of $29), up by 31.37% based on the highest stock price target, and up by 3.50% based on the lowest stock price target.

Can Kite Realty Group Trust stock reach $40?

KRG's average twelve months analyst stock price target of $29 does not support the claim that Kite Realty Group Trust can reach $40 in the near future.

What are Kite Realty Group Trust's analysts' financial forecasts?

Kite Realty Group Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $864.08M (high $885.23M, low $850.05M), average EBITDA is $527.96M (high $540.88M, low $519.38M), average net income is $87.31M (high $89.75M, low $85.57M), average SG&A $74.8M (high $76.63M, low $73.59M), and average EPS is $0.397 (high $0.408, low $0.389). KRG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $904.8M (high $926.12M, low $890.85M), average EBITDA is $552.84M (high $565.86M, low $544.32M), average net income is $112.25M (high $115.69M, low $110M), average SG&A $78.32M (high $80.17M, low $77.12M), and average EPS is $0.51 (high $0.526, low $0.5).

Did the KRG's actual financial results beat the analysts' financial forecasts?

Based on Kite Realty Group Trust's last annual report (Dec 2023), the company's revenue was $823M, beating the average analysts forecast of $810.05M by 1.60%. Apple's EBITDA was $367.98M, missing the average prediction of $520.37M by -29.29%. The company's net income was $47.5M, missing the average estimation of $-14.307M by -432.00%. Apple's SG&A was $56.14M, missing the average forecast of $67.69M by -17.05%. Lastly, the company's EPS was $0.0002, missing the average prediction of $-0.00849 by -102.36%. In terms of the last quarterly report (Dec 2023), Kite Realty Group Trust's revenue was $200.28M, missing the average analysts' forecast of $205.76M by -2.66%. The company's EBITDA was $83.19M, missing the average prediction of $125.72M by -33.83%. Kite Realty Group Trust's net income was $7.98M, beating the average estimation of $2.85M by 179.72%. The company's SG&A was $14.34M, missing the average forecast of $17.81M by -19.48%. Lastly, the company's EPS was $0, missing the average prediction of $0.013 by -100.00%