Kite Realty Group Trust (KRG)

Real Estate · NYQ · US

USD29.48+2.40% today

Fundamentals

Market capUSD5.97B
P/E ratio21.6
Dividend yield4.08%
Revenue growth (YoY)-9.2%
Profit margin34.7%
Return on equity9.2%
52-week rangeUSD20.86 to USD29.50
Next earnings2026-07-30

Valuation and ratings

DCF fair valueUSD14.07
Upside to fair value-52.3%
Analyst target (mean)USD29.09
Analyst rangeUSD26.00 to USD33.00
Analysts covering11
Consensus viewbuy
Moat score65/100
Overall rating39/100, Reduce

Kite Realty Group Trust trades at USD29.48, which is 52% above the USD14.07 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 65 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 21.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

About Kite Realty Group Trust

Kite Realty Group is a real estate investment trust (REIT) that owns and operates a high-quality portfolio of open-air shopping centers and mixed-use destinations. The Company's portfolio is concentrated in high-growth Sun Belt and select strategic gateway markets. Publicly listed since 2004, KRG has more than six decades of experience in developing, operating, and investing in real estate, using a disciplined, hands-on approach to enhance portfolio quality and maximize long-term value for all stakeholders. As of March 31, 2026, the Company owned interests in 169 U.S. open-air shopping centers and mixed-use assets, comprising approximately 27.3 million square feet of gross leasable area. Kite Realty Group Trust was incorporated in 1971 in Maryland and based in Indianapolis.

Industry: REIT - RetailEmployees: 228HQ: United States

KRG passes 3 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Kite Realty Group Trust (KRG) undervalued?

Against our discounted cash flow estimate of USD14.07, KRG at USD29.48 is 52% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is KRG's P/E ratio?

KRG trades at 21.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

The full research page for KRG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.