Kite Realty Group Trust (NYSE:KRG) Shares Gap Down – Here’s Why

09 Jan 2026, 17:24 by Michael Walen · The Markets Daily

Kite Realty Group Trust (NYSE:KRG – Get Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $24.37, but opened at $23.74. Kite Realty Group Trust shares last traded at $23.5880, with a volume of 147,995 shares.

Analysts Set New Price Targets

Several research analysts have recently commented on KRG shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kite Realty Group Trust in a report on Monday, December 29th. Wall Street Zen lowered Kite Realty Group Trust from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Wells Fargo & Company raised Kite Realty Group Trust from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $23.00 to $25.00 in a report on Tuesday, October 21st. Jefferies Financial Group reissued a “hold” rating and set a $24.00 target price (up from $23.00) on shares of Kite Realty Group Trust in a report on Monday, December 15th. Finally, UBS Group restated a “neutral” rating and issued a $25.00 price target (up previously from $24.00) on shares of Kite Realty Group Trust in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $25.63.

Check Out Our Latest Stock Report on Kite Realty Group Trust

Kite Realty Group Trust Stock Performance

The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 36.70, a PEG ratio of 6.05 and a beta of 0.89. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.93. The stock’s 50-day moving average is $23.07 and its 200-day moving average is $22.60.

Kite Realty Group Trust (NYSE:KRG – Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.01. The firm had revenue of $205.06 million during the quarter, compared to the consensus estimate of $208.82 million. Kite Realty Group Trust had a net margin of 16.34% and a return on equity of 4.27%. Kite Realty Group Trust has set its FY 2025 guidance at 2.090-2.110 EPS. On average, analysts predict that Kite Realty Group Trust will post 2.05 EPS for the current fiscal year.

Kite Realty Group Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.9%. This is an increase from Kite Realty Group Trust’s previous quarterly dividend of $0.27. Kite Realty Group Trust’s payout ratio is currently 181.25%.

Institutional Trading of Kite Realty Group Trust

Several hedge funds have recently modified their holdings of KRG. Harbor Capital Advisors Inc. lifted its holdings in Kite Realty Group Trust by 54.8% during the third quarter. Harbor Capital Advisors Inc. now owns 1,305 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 462 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of Kite Realty Group Trust during the 2nd quarter valued at $30,000. First Horizon Corp bought a new stake in shares of Kite Realty Group Trust during the 3rd quarter worth $30,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Kite Realty Group Trust by 118.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,365 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 740 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC boosted its holdings in shares of Kite Realty Group Trust by 57.9% in the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 1,748 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 641 shares during the last quarter. Institutional investors own 90.81% of the company’s stock.

Kite Realty Group Trust Company Profile

(Get Free Report)

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust that specializes in the ownership, development and management of open-air retail real estate. Headquartered in Indianapolis, Indiana, the company focuses on acquiring, developing and operating community and neighborhood shopping centers, as well as mixed-use properties that accommodate national, regional and local retailers.