Kite Realty Group Trust (NYSE: KRG) kicked off on Tuesday, up 0.40% from the previous trading day, before settling in for the closing price of $22.37. Over the past 52 weeks, KRG has traded in a range of $19.62-$28.24.
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A company in the Real Estate sector has jumped its sales by 28.62% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 1461.30%. With a float of $217.50 million, this company’s outstanding shares have now reached $219.67 million.
In an organization with 227 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the REIT – Retail Industry. The insider ownership of Kite Realty Group Trust is 0.98%, while institutional ownership is 97.37%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1461.30% per share during the next fiscal year.
Kite Realty Group Trust (NYSE: KRG) Trading Performance Indicators
Take a look at Kite Realty Group Trust’s (KRG) current performance indicators. Last quarter, stock had a quick ratio of N/A. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.82. Likewise, its price to free cash flow for the trailing twelve months is 17.64.
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 0.43 in one year’s time.
Technical Analysis of Kite Realty Group Trust (KRG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.59 million. That was inferior than the volume of 1.97 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 52.62%. Additionally, its Average True Range was 0.52.
During the past 100 days, Kite Realty Group Trust’s (KRG) raw stochastic average was set at 18.59%, which indicates a significant decrease from 73.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.64% in the past 14 days, which was higher than the 23.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.70, while its 200-day Moving Average is $24.54. However, in the short run, Kite Realty Group Trust’s stock first resistance to watch stands at $22.66. Second resistance stands at $22.86. The third major resistance level sits at $23.12. If the price goes on to break the first support level at $22.20, it is likely to go to the next support level at $21.94. The third support level lies at $21.74 if the price breaches the second support level.
Kite Realty Group Trust (NYSE: KRG) Key Stats
The company with the Market Capitalisation of 4.93 billion has total of 219,665K Shares Outstanding. Its annual sales at the moment are 841,840 K in contrast with the sum of 4,070 K annual income. Company’s last quarter sales were recorded 214,720 K and last quarter income was 21,820 K.
