Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Kite Realty Group Trust (NYSE: KRG) closed the day trading at $22.36 down -0.27% from the previous closing price of $22.42. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 1.76 million shares were traded.
Ratios:
For a better understanding of KRG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.56. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 0.91.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on February 13, 2025, Downgraded its rating to Neutral and sets its target price to $25 from $33 previously.
On January 02, 2025, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $31 to $27.
Wells Fargo Upgraded its Underweight to Equal Weight on August 28, 2024, whereas the target price for the stock was revised from $23 to $26.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 27 ’24 when Grimes Steven P sold 27,250 shares for $27.99 per share. The transaction valued at 762,728 led to the insider holds 705,002 shares of the business.
Grimes Steven P sold 37,295 shares of KRG for $999,506 on Sep 16 ’24. The Director now owns 732,252 shares after completing the transaction at $26.80 per share.
Valuation Measures:
As of this moment, Kite’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1242.22, and their Forward P/E ratio for the next fiscal year is 48.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.79 while its Price-to-Book (P/B) ratio in mrq is 1.48.
Stock Price History:
Over the past 52 weeks, KRG has reached a high of $28.24, while it has fallen to a 52-week low of $19.62. The 50-Day Moving Average of the stock is -7.67%, while the 200-Day Moving Average is calculated to be -8.37%.
Shares Statistics:
A total of 219.67M shares are outstanding, with a floating share count of 217.53M. Insiders hold about 0.97% of the company’s shares, while institutions hold 97.10% stake in the company.
