Media coverage about Kite Realty Group Trust (NYSE:KRG) has been trending positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kite Realty Group Trust earned a coverage optimism score of 0.30 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 45.7354171004178 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s analysis:
- Kite Realty (KRG) Presents At The 2018 Citi Global Property CEO Conference – Slideshow (seekingalpha.com)
- Kite Realty Group Trust’s (KRG) Buy Rating Reiterated at Barclays (americanbankingnews.com)
- Kite Realty Group Trust (KRG) Stake Lifted by Chilton Capital Management LLC (americanbankingnews.com)
- Arizona State Retirement System Raises Position in Kite Realty Group Trust (KRG) (americanbankingnews.com)
- Kite Realty Group Trust (KRG) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
Kite Realty Group Trust (NYSE:KRG) opened at $15.38 on Friday. The stock has a market capitalization of $1,302.48, a PE ratio of 109.86, a price-to-earnings-growth ratio of 1.83 and a beta of 0.50. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.05 and a current ratio of 1.05. Kite Realty Group Trust has a 12 month low of $13.90 and a 12 month high of $22.34.
The business also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Friday, April 6th will be paid a dividend of $0.3175 per share. The ex-dividend date of this dividend is Thursday, April 5th. This represents a $1.27 dividend on an annualized basis and a yield of 8.26%. Kite Realty Group Trust’s dividend payout ratio (DPR) is currently 907.14%.
A number of analysts recently commented on KRG shares. Zacks Investment Research raised Kite Realty Group Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Raymond James Financial reaffirmed an “outperform” rating and issued a $23.00 target price (down from $25.00) on shares of Kite Realty Group Trust in a research report on Wednesday, December 20th. ValuEngine lowered Kite Realty Group Trust from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Barclays decreased their target price on Kite Realty Group Trust from $25.00 to $22.00 and set an “overweight” rating for the company in a research report on Tuesday, January 30th. Finally, Bank of America lowered Kite Realty Group Trust from a “buy” rating to a “neutral” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. Kite Realty Group Trust currently has a consensus rating of “Hold” and a consensus price target of $20.00.
In other Kite Realty Group Trust news, Director William E. Bindley bought 100,000 shares of the stock in a transaction on Tuesday, February 6th. The shares were acquired at an average price of $15.06 per share, with a total value of $1,506,000.00. Following the acquisition, the director now directly owns 85,014 shares of the company’s stock, valued at approximately $1,280,310.84. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Charles H. Wurtzebach bought 6,600 shares of the stock in a transaction on Tuesday, February 13th. The shares were acquired at an average cost of $14.65 per share, for a total transaction of $96,690.00. The disclosure for this purchase can be found here. 1.87% of the stock is owned by insiders.
WARNING: This story was originally posted by Ticker Report and is the property of of Ticker Report. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://www.tickerreport.com/banking-finance/3253540/kite-realty-group-trust-krg-earns-media-sentiment-score-of-0-30.html.
Kite Realty Group Trust Company Profile
Kite Realty Group Trust is a real estate investment trust. The Company, through its subsidiary, Kite Realty Group, L.P., owns interests in various operating subsidiaries and joint ventures engaged in the ownership, operation, acquisition, development and redevelopment of neighborhood and community shopping centers in selected markets in the United States.
Receive News & Ratings for Kite Realty Group Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kite Realty Group Trust and related companies with MarketBeat.com's FREE daily email newsletter.