Kite Realty Group Trust (NYSE: KRG) on Friday, plunged -3.74% from the previous trading day, before settling in for the closing price of $23.24. Within the past 52 weeks, KRG’s price has moved between $19.62 and $28.24.
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Annual sales at Real Estate sector company grew by 28.62% over the past five years. The company achieved an average annual earnings per share of 1655.10%. With a float of $217.81 million, this company’s outstanding shares have now reached $219.67 million.
Let’s look at the performance matrix of the company that is accounted for 227 employees. In terms of profitability, gross margin is 62.36%, operating margin of 21.22%, and the pretax margin is -0.02%.
Kite Realty Group Trust (KRG) Insider Updates
Observing investor behavior towards REIT – Retail industry stocks is more important than anything else. The insider ownership of Kite Realty Group Trust is 0.85%, while institutional ownership is 97.10%. The most recent insider transaction that took place on Nov 27 ’24, was worth 762,728. In this transaction Director of this company sold 27,250 shares at a rate of $27.99, taking the stock ownership to the 705,002 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Director sold 37,295 for $26.80, making the entire transaction worth $999,506. This insider now owns 732,252 shares in total.
Kite Realty Group Trust (KRG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1655.10% per share during the next fiscal year.
Kite Realty Group Trust (NYSE: KRG) Trading Performance Indicators
Kite Realty Group Trust (KRG) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.80. Likewise, its price to free cash flow for the trailing twelve months is 17.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of Kite Realty Group Trust (KRG)
Kite Realty Group Trust (NYSE: KRG) saw its 5-day average volume 3.47 million, a positive change from its year-to-date volume of 2.15 million. As of the previous 9 days, the stock’s Stochastic %D was 33.85%. Additionally, its Average True Range was 0.64.
During the past 100 days, Kite Realty Group Trust’s (KRG) raw stochastic average was set at 1.01%, which indicates a significant decrease from 2.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.15% in the past 14 days, which was higher than the 22.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.40, while its 200-day Moving Average is $24.40. Nevertheless, the first resistance level for the watch stands at $23.12 in the near term. At $23.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.28. If the price goes on to break the first support level at $21.96, it is likely to go to the next support level at $21.56. Assuming the price breaks the second support level, the third support level stands at $20.80.
Kite Realty Group Trust (NYSE: KRG) Key Stats
Market capitalization of the company is 4.91 billion based on 219,665K outstanding shares. Right now, sales total 823,000 K and income totals 47,500 K. The company made 207,250 K in profit during its latest quarter, and 16,730 K in sales during its previous quarter.
