Ratio Examination: Kite Realty Group Trust (KRG)’s Price-to-Cash and Price-to-Free Cash Flow

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In the latest session, Kite Realty Group Trust (NYSE: KRG) closed at $20.91 down -0.33% from its previous closing price of $20.98. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 1.23 million shares were traded. KRG stock price reached its highest trading level at $21.25 during the session, while it also had its lowest trading level at $20.89.

Ratios:

For a deeper understanding of Kite Realty Group Trust’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.04. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.88.

On May 24, 2023, Wells Fargo started tracking the stock assigning a Underweight rating and target price of $20.Wells Fargo initiated its Underweight rating on May 24, 2023, with a $20 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 14 ’23 when Grimes Steven P sold 21,500 shares for $23.70 per share. The transaction valued at 509,550 led to the insider holds 763,314 shares of the business.

Kite John A sold 60,000 shares of KRG for $1,314,600 on Dec 01 ’23. The Chairman & CEO now owns 104,121 shares after completing the transaction at $21.91 per share. On Jun 15 ’23, another insider, WURTZEBACH CHARLES H, who serves as the Director of the company, sold 255 shares for $21.11 each. As a result, the insider received 5,383 and left with 61,737 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 4685052928 and an Enterprise Value of 7751440896. As of this moment, Kite’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.74, and their Forward P/E ratio for the next fiscal year is 73.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.55 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 9.411 whereas that against EBITDA is 17.395.

Stock Price History:

The Beta on a monthly basis for KRG is 1.29, which has changed by 0.01455605 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. Over the past 52 weeks, KRG has reached a high of $24.23, while it has fallen to a 52-week low of $19.12. The 50-Day Moving Average of the stock is -0.52%, while the 200-Day Moving Average is calculated to be -3.17%.

Shares Statistics:

For the past three months, KRG has traded an average of 1.89M shares per day and 1546090 over the past ten days. A total of 219.45M shares are outstanding, with a floating share count of 217.74M. Insiders hold about 0.85% of the company’s shares, while institutions hold 94.79% stake in the company. Shares short for KRG as of 1714435200 were 6166483 with a Short Ratio of 3.27, compared to 1711584000 on 5932928. Therefore, it implies a Short% of Shares Outstanding of 6166483 and a Short% of Float of 4.099999700000001.

Dividends & Splits

According to the company, the forward annual dividend rate for KRG is 0.98, from 0.98 in the trailing year. Against a Trailing Annual Dividend Yield of 0.046711154The stock’s 5-year Average Dividend Yield is 5.37. The current Payout Ratio is 448.66% for KRG, which recently paid a dividend on 2024-04-04 with an ex-dividend date of 1720483200. Stock splits for the company last occurred on 2014-08-12 when the company split stock in a 1:4 ratio.

Earnings Estimates

The firm’s stock currently is rated by 5.0 analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.01, while EPS last year was $0.15. The consensus estimate for the next quarter is $0.05, with high estimates of $0.08 and low estimates of $0.03.

Analysts are recommending an EPS of between $0.28 and $0.09 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $0.26, with 5.0 analysts recommending between $0.37 and $0.14.

Revenue Estimates

A total of 8 analysts believe the company’s revenue will be $206.6M this quarter.It ranges from a high estimate of $215.41M to a low estimate of $202.67M. As of the current estimate, Kite Realty Group Trust’s year-ago sales were $208.76MFor the next quarter, 8 analysts are estimating revenue of $209.9M. There is a high estimate of $214.34M for the next quarter, whereas the lowest estimate is $206.95M.

A total of 8 analysts have provided revenue estimates for KRG’s current fiscal year. The highest revenue estimate was $854.45M, while the lowest revenue estimate was $822.62M, resulting in an average revenue estimate of $833.46M. In the same quarter a year ago, actual revenue was $823MBased on 8 analysts’ estimates, the company’s revenue will be $866.28M in the next fiscal year. The high estimate is $892.32M and the low estimate is $852.01M.

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