Kite Realty Group Trust(KRG) is having a Dividend Yield of 5.21% with the Annual cash Dividend per share of $1.14. The last quarter cash dividend per share pay out was $0.29. Kite Realty Group Trust has a 5 year average dividend yield of 4.18% and the stock has a Indicated annual dividend of $1.21. Kite Realty Group Trust(KRG) formally announced its most recent dividend on November 23, 2016 with a Dividend per share of $0.3. The new indicated annual dividend based on announced dividend per share is $1.21. The dividend yield based on the forward looking indicated annual dividend is 5.21%. Kite Realty Group Trust(KRG) has the most recent dividend payout ratio of 0.56 with a 5-year average payout ratio of 0.53. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.03. The 5 year historical dividend growth of Kite Realty Group Trust(KRG) is at the rate of 4.59% while the R-Squared dividend growth is 0.89. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Kite Realty Group Trust (NYSE:KRG) witnessed a decline in the market cap on Thursday as its shares dropped 0.34% or 0.08 points. After the session commenced at $23.18, the stock reached the higher end at $23.31 while it hit a low of $23.03. With the volume soaring to 632,121 shares, the last trade was called at $23.14. The company has a 52-week high of $30.45. The company has a market cap of $1,933 million and there are 83,545,398 shares in outstanding. The 52-week low of the share price is $22.5. Kite Realty Group Trust has lost 3.02% in the last five trading days and dropped 3.74% in the last 4 weeks. Kite Realty Group Trust has dropped 6.07% during the last 3-month period . Year-to-Date the stock performance stands at -0.15%.
Currently the company Insiders own 1.19% of Kite Realty Group Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.73% . Institutional Investors own 93.36% of Kite Realty Group Trust shares. During last six month period, the net percent change held by insiders has seen a change of -27.73%. Company has reported several Insider transactions to the SEC, on Nov 25, 2016, John A Kite (Chairman & CEO) sold 33,000 shares at 24.35 per share price.On Aug 1, 2016, Thomas R Olinger (Senior VP & CAO) sold 5,500 shares at 30.22 per share price.On Aug 1, 2016, Daniel R Sink (Executive VP & CFO) sold 16,625 shares at 29.95 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Kite Realty Group Trust was Upgraded by Raymond James to Strong Buy on Jan 9, 2017. Kite Realty Group Trust was Downgraded by Citigroup to Neutral on Dec 13, 2016. Kite Realty Group Trust was Downgraded by Stifel on Dec 12, 2016 to Hold, Lowers Price Target to $ 27 from a previous price target of $29 .
Kite Realty Group Trust Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.50 EPS for the quarter. Analyst had a consensus estimate of $0.50.Analysts expectations of $ 89.00.During the same quarter in the previous year, the company posted $0.50 EPS.
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust focused primarily on the development, construction, acquisition, ownership and operation of high quality neighborhood and community shopping centers in selected growth markets in the United States. They own interests in a portfolio of operating retail properties, retail properties under development, operating commercial properties, a related parking garage, commercial property under development and parcels of land that may be used for future development.