Kite Realty Group (KRG)
Owns grocery-anchored open-air shopping centers and mixed-use destinations across U.S. growth markets.
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Owns and operates open-air, grocery-anchored shopping centers and mixed-use destinations in Sun Belt and selected U.S. gateway markets. Revenue comes mainly from contractual rents and tenant reimbursements, with most portfolio rent tied to properties that include a grocery component.
Owns and operates open-air, grocery-anchored shopping centers and mixed-use destinations across Sun Belt and selected U.S. gateway markets. Most portfolio rent comes from properties with a grocery component, while mixed-use assets add restaurant, entertainment, office, and residential uses.
Generates revenue mainly from contractual rents and tenant reimbursements. Leasing and property management focus on occupancy, rent growth, and cost recovery; recent asset recycling has sold lower-growth properties and added neighborhood centers. Development and redevelopment rework existing sites and add new space.
Lease income depends on tenant payments and demand for physical retail space. Property cash flow and financing costs also depend on interest rates, redevelopment execution, and access to capital markets.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 1, 2026 | Wells Fargo | Reiterate | Rating: —Target: $32 | Target: $31 |
| Aug 18, 2026 | Keybanc | Downgrade | ||
| Aug 17, 2026 | KeyBanc | Downgrade | ||
| Jul 23, 2026 | Wells Fargo | Reiterate | Rating: —Target: $29 | Target: $32 |
| Jul 9, 2026 | UBS | Reiterate | Rating: —Target: $28 | Target: $30 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $144.6M · Total debt $3.42B · Total assets $6.27B · Shareholders' equity $2.87B
- Revenue
- $196.3M
- Operating income
- $47.1M
- Net income
- $161.3M
HistoryDividendAnnual yieldUpcoming
| Institutions | 104.57% | 209.50M shares | |
|---|---|---|---|
| 406 holders · as of Jun 30, 2026 | |||
| Insiders | 0.77% | 1.55M shares | |
| 13 holders · as of Jul 6, 2026 | |||
| Adds to | 105.34% | ||
200.35M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 105.34%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.97% | 32.00M | as of Jun 30, 2026 |
Cohen & Steers, Inc.Institution | 13.29% | 26.63M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 9.24% | 18.51M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.83% | 11.68M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.56% | 9.14M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 26, 2026 | Steven P. Grimes | director | −5,922 | $27.25 |
| Feb 26, 2026 | Charles H. Wurtzebach | director | −7,722 | $26.08 |
- Kimco Realty
Largest-scale overlap in open-air grocery-anchored centers
- Regency Centers
Direct grocery-anchored neighborhood-center peer
- Brixmor Property Group
Large national open-air shopping-center competitor
- Federal Realty
Mixed-use and gateway-market retail peer
- Phillips Edison
Focused grocery-anchored neighborhood-center rival
- Acadia Realty Trust
Street and open-air retail overlap in gateway markets
- Urban Edge Properties
Dense-corridor shopping-center and redevelopment peer
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Kite Realty Group | $25.15 | −0.22% | $5.05B | 15.6 | 75.9 | 6.2 | −8.5% |
| Kimco Realty | $22.55 | +0.02% | $15.19B | 25.3 | 26.4 | 6.9 | +4.9% |
| Regency Centers | $73.31 | +0.53% | $13.32B | 20.7 | 29.0 | 7.7 | +5.7% |
| Brixmor Property Group | $27.93 | −0.59% | $8.62B | 20.1 | 27.9 | 6.1 | +4.3% |
| Federal Realty | $110.81 | +0.16% | $9.56B | 22.0 | 35.1 | 7.2 | +7.7% |
| Phillips Edison | $37.00 | 0.00% | $4.75B | 32.2 | 47.8 | 6.3 | +3.8% |
| Acadia Realty Trust | $19.45 | +0.49% | $2.66B | 56.1 | 61.7 | 6.6 | −7.2% |
| Urban Edge Properties | $20.08 | +0.40% | $2.52B | 37.4 | 45.2 | 5.1 | +7.7% |
| Median | 25.3 | 35.1 | 6.6 | +4.9% |