Of note is the ratio of Kite Realty Group Trust's sales and general administrative expense to its total operating expenses; just 7.17% of US stocks have a lower such ratio.
The ratio of debt to operating expenses for Kite Realty Group Trust is higher than it is for about 86.76% of US stocks.
Kite Realty Group Trust's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 14.02%, greater than the shareholder yield of 84.5% of stocks in our set.
Stocks that are quantitatively similar to KRG, based on their financial statements, market capitalization, and price volatility, are BCPC, NVRO, FDS, HUBS, and CLCT.
Kite Realty Group is a full-service, vertically integrated real estate investment trust engaged in the ownership, operation, management, leasing, acquisition, construction, redevelopment and development of neighborhood and community shopping centers in selected markets in the United States. The company was founded in 1968 and is based in Indianapolis, Indiana.
KRG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for KRG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Kite Realty Group Trust ranked in the 76th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 390.17% on a DCF basis. The most interesting components of our discounted cash flow analysis for Kite Realty Group Trust ended up being:
39% of the company's capital comes from equity, which is greater than only 20.15% of stocks in our cash flow based forecasting set.
Kite Realty Group Trust's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
The weighted average cost of capital for the company is 11. This value is greater than 73.83% stocks in the Real Estate sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as KRG, try FPI, CBL, AHH, WHLR, and SAFE.
Kite Realty (KRG) is one of those smaller shopping center REIT names that can be easy to forget about when the whole sector falls out of favor. KRG didn’t know that COVID-19 would hit in 2020, but it entered this year having improved both its portfolio and balance sheet. While...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
Kite Realty Group Trust (KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.052 per common share for the quarter ending June 30, 2020. Additionally, the Company repaid $100 million of the outstanding balance on its credit facility with cash on hand, thereby lowering the outstanding amount on its $600 million credit facility to $200 million. Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences.