Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $24.48 in the prior trading day, Kite Realty Group Trust (NYSE: KRG) closed at $23.85, down -2.57%. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 2.13 million shares were traded. KRG stock price reached its highest trading level at $24.69 during the session, while it also had its lowest trading level at $23.75.
Ratios:
Our goal is to gain a better understanding of KRG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.60. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 1.03.
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, Jefferies on January 02, 2025, Downgraded its rating to Hold and sets its target price to $27 from $31 previously.
On August 28, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $23 to $26.
Raymond James Upgraded its Mkt Perform to Strong Buy on August 16, 2024, while the target price for the stock was maintained at $28.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KRG now has a Market Capitalization of 5333479936 and an Enterprise Value of 8522574336. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.29 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 10.3 whereas that against EBITDA is 18.114.
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 $19.64. The 50-Day Moving Average of the stock is -9.30%, while the 200-Day Moving Average is calculated to be -1.00%.
Shares Statistics:
The stock has traded on average 1.54M shares per day over the past 3-months and 1401070 shares per day over the last 10 days, according to various share statistics. A total of 219.67M shares are outstanding, with a floating share count of 217.86M. Insiders hold about 0.82% of the company’s shares, while institutions hold 92.70% stake in the company. Shares short for KRG as of 1734048000 were 7007360 with a Short Ratio of 4.56, compared to 1731628800 on 6170913. Therefore, it implies a Short% of Shares Outstanding of 7007360 and a Short% of Float of 4.65.
Dividends & Splits
In the trailing 12 months, KRG’s forward annual dividend rate was 1.01, compared to 0.76 this year. Against a Trailing Annual Dividend Yield of 0.04125817The stock’s 5-year Average Dividend Yield is 4.88.
