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Upturn AI SWOT - About
KRG 
Kite Realty Group Trust (KRG)
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Upturn Advisory Summary
04/01/2025: KRG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -6.4% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.12B USD | Price to earnings Ratio 1143 | 1Y Target Price 27.3 |
Price to earnings Ratio 1143 | 1Y Target Price 27.3 | ||
Volume (30-day avg) 1794138 | Beta 1.32 | 52 Weeks Range 18.99 - 27.90 | Updated Date 04/2/2025 |
52 Weeks Range 18.99 - 27.90 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 4.81% | Basic EPS (TTM) 0.02 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 0.48% | Operating Margin (TTM) 22.97% |
Management Effectiveness
Return on Assets (TTM) 1.59% | Return on Equity (TTM) 0.13% |
Valuation
Trailing PE 1143 | Forward PE 72.46 | Enterprise Value 7682540174 | Price to Sales(TTM) 6.08 |
Enterprise Value 7682540174 | Price to Sales(TTM) 6.08 | ||
Enterprise Value to Revenue 9.13 | Enterprise Value to EBITDA 14.54 | Shares Outstanding 219664992 | Shares Floating 217670013 |
Shares Outstanding 219664992 | Shares Floating 217670013 | ||
Percent Insiders 0.82 | Percent Institutions 101.54 |
Analyst Ratings
Rating 4 | Target Price 30.5 | Buy 1 | Strong Buy 5 |
Buy 1 | Strong Buy 5 | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Kite Realty Group Trust
Company Overview
History and Background
Kite Realty Group Trust (KRG) was founded in 1960. It has evolved from a regional developer into a national real estate investment trust (REIT) specializing in open-air shopping centers and mixed-use assets.
Core Business Areas
- Retail Properties: KRG owns, operates, and develops primarily open-air shopping centers, focusing on necessity-based and value-oriented retailers.
- Mixed-Use Properties: KRG also invests in mixed-use developments that combine retail, residential, and office components.
Leadership and Structure
Stanley J. Whitman serves as Chairman and CEO. The company has a typical REIT structure with a board of directors and executive management team overseeing operations.
Top Products and Market Share
Key Offerings
- Open-Air Shopping Centers: KRG's primary offering is leasing space in open-air shopping centers to a variety of retailers, including grocery stores, pharmacies, restaurants, and service providers. The competitive landscape includes other REITs such as Kimco Realty (KIM), Regency Centers (REG), and Federal Realty Investment Trust (FRT). Revenue from this segment is the majority of the overall revenue, however exact revenue split for this product segment is proprietary information. Market Share is around 2.4% of the overall REIT Market. Market share fluctuates.
- Mixed-Use Developments: These projects offer a combination of retail, residential, and commercial spaces. Revenue from this segment is smaller than the open-air shopping center segment. Market Share is around 0.5% of the overall REIT Market. Competitors are similar to open-air shopping centers REITs.
Market Dynamics
Industry Overview
The retail REIT industry is influenced by factors such as consumer spending, e-commerce trends, interest rates, and economic growth. Open-air shopping centers have shown resilience due to their focus on essential retail and services.
Positioning
KRG focuses on high-quality, necessity-based retail properties in growing markets. Its strengths include a well-managed portfolio and strong tenant relationships. KRG differentiates itself through its focus on open-air centers and strategic redevelopment projects.
Total Addressable Market (TAM)
The total US retail real estate market is estimated to be worth trillions of dollars. KRG aims to capture a larger portion of this market through strategic acquisitions, development, and redevelopment projects.
Upturn SWOT Analysis
Strengths
- Strong portfolio of necessity-based retail properties
- Experienced management team
- Disciplined capital allocation
- Strategic focus on high-growth markets
- High Occupancy Rate
Weaknesses
- Exposure to economic cycles
- Dependence on tenant performance
- Competition from other REITs and retail formats
- Interest rate risk
Opportunities
- Acquisitions of underperforming retail properties
- Redevelopment of existing properties to increase value
- Expansion into new markets
- Growth in e-commerce leading to demand for omnichannel retail spaces
- Capitalizing on distress
Threats
- Economic downturns affecting consumer spending
- Rising interest rates increasing borrowing costs
- Increased competition from e-commerce
- Changes in consumer preferences
- Black Swan Event such as the COVID-19 pandemic
Competitors and Market Share
Key Competitors
- KIM
- REG
- FRT
Competitive Landscape
KRG competes with other REITs for tenants and investment opportunities. Its competitive advantages include its focus on necessity-based retail, strategic locations, and disciplined capital allocation. KRG needs to compete on price, amenities and locations.
Major Acquisitions
Weingarten Realty Investors
- Year: 2021
- Acquisition Price (USD millions): 3870
- Strategic Rationale: The merger with Weingarten Realty Investors significantly expanded KRG's portfolio and geographic footprint.
Growth Trajectory and Initiatives
Historical Growth: KRG has grown through acquisitions, development, and redevelopment projects. Growth has varied depending on market conditions.
Future Projections: Analyst estimates project continued growth in revenue and earnings, driven by increasing occupancy rates, rental rate growth, and strategic acquisitions. Market conditions influence future growth.
Recent Initiatives: KRG has been focused on redeveloping existing properties, acquiring high-quality assets in growing markets, and strengthening its balance sheet.
Summary
Kite Realty Group Trust is a mid-sized REIT with a focus on open-air shopping centers. A strength of KRG is its necessity-based retail portfolio. The company needs to monitor interest rate risk and adapt to changes in consumer preferences. Strategic acquisitions can drive growth but carries inherent risks. KRG also needs to ensure they can sustain dividends, especially during economic headwinds.
Similar Companies
FRT
Federal Realty Investment Trust
FRT
Federal Realty Investment Trust
KIM
Kimco Realty Corporation
KIM
Kimco Realty Corporation
REG
Regency Centers Corporation
REG
Regency Centers Corporation
Sources and Disclaimers
Data Sources:
- Kite Realty Group Trust Investor Relations
- SEC Filings (10-K, 10-Q)
- Analyst Reports
- Market Data Providers
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market Data fluctuates constantly. Ratings and market data information is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Kite Realty Group Trust
Exchange NYSE | Headquaters Indianapolis, IN, United States | ||
IPO Launch date 2004-08-11 | Chairman of the Board of Trustees & CEO Mr. John A. Kite | ||
Sector Real Estate | Industry REIT - Retail | Full time employees 227 | Website https://www.kiterealty.com |
Full time employees 227 | Website https://www.kiterealty.com | ||
Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company's primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has over 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of September 30, 2024, the Company owned interests in 179 U.S. open-air shopping centers and mixed-use assets, comprising approximately 27.7 million square feet of gross leasable space.
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