Of note is the ratio of Kite Realty Group Trust's sales and general administrative expense to its total operating expenses; only 6.99% 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 87.08% 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 20.84%, greater than the shareholder yield of 89.44% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Kite Realty Group Trust are NSA, CIO, MGEE, VNOM, and ENBL.
KRG's SEC filings can be seen here. And to visit Kite Realty Group Trust's official web site, go to www.kiterealty.com.
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 89th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Kite Realty Group Trust, consider:
The company's debt burden, as measured by earnings divided by interest payments, is 0.89; that's higher than just 20.19% of US stocks in the Real Estate sector that have positive free cash flow.
42% of the company's capital comes from equity, which is greater than just 22.17% 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 only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PEB, RVI, MGP, CLNC, and WELL can be thought of as valuation peers to KRG, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
Kite Realty Group Trust (KRG) implements its Re-Opening Resources Program to help its retail, restaurant, and service tenants navigate the reopening process.KRG is making some modifications such as designating Order Pick-Up parking zones for use by all of its tenants, adding sidewalk queue signage to promote social distancing, and providing...
Bireme Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. In the letter, the hedge fund said that its flagship U.S. equity strategy, Fundamental Value, returned -26.4% on a net basis. The fund underperformed its benchmark, the S&P 500 Index which returned -19.4% in the same quarter. You […]
Following the annual shareholder meeting on May 14, 2020, Kite Realty Group Trust (KRG) (the “Company”) is pleased to announce the election of Caroline Young to its Board of Trustees and the reelection of the eight incumbent trustees. On May 18, 2020, the Company amended its Declaration of Trust to provide that the Company’s Bylaws may be amended by the Board of Trustees or by the Company’s shareholders upon an affirmative majority vote. “The Company remains committed to periodically reviewing best practices as it relates to governance and as a result, we have amended the Company’s Bylaws so as to allow for direct input from our shareholders.”