Contrasting Kite Realty Group Trust (KRG) and Its Peers

Kite Realty Group Trust (NYSE: KRG) is one of 34 public companies in the “Retail REITs” industry, but how does it weigh in compared to its rivals? We will compare Kite Realty Group Trust to related companies based on the strength of its earnings, risk, valuation, analyst recommendations, institutional ownership, profitability and dividends.

Volatility & Risk

Kite Realty Group Trust has a beta of 0.57, indicating that its stock price is 43% less volatile than the S&P 500. Comparatively, Kite Realty Group Trust’s rivals have a beta of 0.68, indicating that their average stock price is 33% less volatile than the S&P 500.

Valuation & Earnings

This table compares Kite Realty Group Trust and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Kite Realty Group Trust $360.76 million $224.39 million 126.00
Kite Realty Group Trust Competitors $726.42 million $482.85 million 25.70

Kite Realty Group Trust’s rivals have higher revenue and earnings than Kite Realty Group Trust. Kite Realty Group Trust is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Dividends

Kite Realty Group Trust pays an annual dividend of $1.21 per share and has a dividend yield of 6.4%. Kite Realty Group Trust pays out 806.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Retail REITs” companies pay a dividend yield of 4.5% and pay out 141.7% of their earnings in the form of a dividend. Kite Realty Group Trust has increased its dividend for 3 consecutive years.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Kite Realty Group Trust and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Kite Realty Group Trust 0 4 3 1 2.63
Kite Realty Group Trust Competitors 138 988 1091 21 2.44

Kite Realty Group Trust currently has a consensus target price of $26.00, suggesting a potential upside of 37.57%. As a group, “Retail REITs” companies have a potential upside of 17.67%. Given Kite Realty Group Trust’s stronger consensus rating and higher probable upside, analysts plainly believe Kite Realty Group Trust is more favorable than its rivals.

Insider and Institutional Ownership

95.6% of Kite Realty Group Trust shares are owned by institutional investors. Comparatively, 84.9% of shares of all “Retail REITs” companies are owned by institutional investors. 1.9% of Kite Realty Group Trust shares are owned by insiders. Comparatively, 9.4% of shares of all “Retail REITs” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Kite Realty Group Trust and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Kite Realty Group Trust 3.60% 0.80% 0.36%
Kite Realty Group Trust Competitors 21.89% 5.24% 2.93%

Summary

Kite Realty Group Trust rivals beat Kite Realty Group Trust on 9 of the 15 factors compared.

Kite Realty Group Trust Company Profile

Kite Realty Group Trust is a real estate investment trust. The Company, through its subsidiary, Kite Realty Group, L.P., owns interests in various operating subsidiaries and joint ventures engaged in the ownership, operation, acquisition, development and redevelopment of neighborhood and community shopping centers in selected markets in the United States. As of December 31, 2016, the Company owned interests in 108 operating retail properties totaling approximately 21.4 million square feet of gross leasable area (including approximately 6.3 million square feet of non-owned anchor space) located in 20 states. As of December 31, 2016, the Company had an interest in two development projects under construction. In addition to its development projects, as of December 31, 2016, the Company had nine redevelopment projects. As of December 31, 2016, the Company owned interests in one office operating property and an associated parking garage.

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