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Kite Realty Group Trust (NYSE: KRG) closed the day trading at $26.84 down -0.37% from the previous closing price of $26.94. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 1.15 million shares were traded. KRG stock price reached its highest trading level at $26.945 during the session, while it also had its lowest trading level at $26.56.
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 12.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.05. 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, Wells Fargo on August 28, 2024, Upgraded its rating to Equal Weight and sets its target price to $26 from $23 previously.
On August 16, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Mkt Perform but kept the price unchanged to $28.
Jefferies Upgraded its Hold to Buy on April 18, 2024, while the target price for the stock was maintained at $23.
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. On Dec 14 ’23, another insider, Grimes Steven P, who serves as the Director of the company, sold 21,500 shares for $23.70 each. As a result, the insider received 509,550 and left with 763,314 shares of the company.
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 6002121728 and an Enterprise Value of 9179375616. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.07 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 11.094 whereas that against EBITDA is 19.51.
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 1.24%, while the 200-Day Moving Average is calculated to be 13.55%.
Shares Statistics:
Over the past 3-months, KRG traded about 1.47M shares per day on average, while over the past 10 days, KRG traded about 1414660 shares per day. A total of 219.67M shares are outstanding, with a floating share count of 217.83M. Insiders hold about 0.84% of the company’s shares, while institutions hold 92.65% stake in the company. Shares short for KRG as of 1731628800 were 6170913 with a Short Ratio of 4.20, compared to 1728950400 on 6187887. Therefore, it implies a Short% of Shares Outstanding of 6170913 and a Short% of Float of 4.099999700000001.
Dividends & Splits
KRG’s forward annual dividend rate is 1.01, up from 1.01 a year ago. Against a Trailing Annual Dividend Yield of 0.037490718The stock’s 5-year Average Dividend Yield is 4.92.
