Kite Realty Group

Kite Realty Group Trust operates as a real estate investment trust. It engages in the ownership, operation, acquisition, development, and redevelopment of neighborhood and community shopping centers in selected markets in the United States. The company was founded on August 16, 2004 and is headquartered in Indianapolis, IN.

Earnings data Q1 2021

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Kite Realty Group (KRG) reports robust Q4 performance and leasing focus for growth

Kite Realty Group (KRG) delivered strong financial performance in Q4 2022, driven by robust leasing activity and strategic capital allocation.
Despite challenges like potential store closures and debt management, KRG's focus on leasing and portfolio optimization presents growth opportunities.
With a solid performance in 2022 and a leasing-centric strategy for 2023, KRG aims to navigate disruptions and capitalize on rent upside potential.
The company's emphasis on maintaining a strong balance sheet and actively managing tenant-related issues positions it for continued success and growth.

Kite Realty Group (KRG) surpasses Q1 expectations, raises guidance

Kite Realty Group (KRG) delivered strong Q1 2023 results, exceeding expectations and raising guidance. The company's focus on leasing, high margins, and balance sheet strength positions it well for future growth. Challenges include potential impacts from regional banks and adjustments in bad debt assumptions, while opportunities lie in strategic leasing and tenant negotiations.

Kite Realty Group beats Q2 estimates, eyes growth opportunities

KRG's Q2 performance exceeded expectations, with strong operational and financial results.
Focus on diversification, tenant enhancement, and revenue optimization to drive future growth.
Challenges include Bed Bath backfill impact and selective acquisitions amidst market changes.
Opportunities lie in development projects, tenant diversification, and revenue growth strategies.

Kite Realty Group (KRG) reports robust Q3 performance and eyes strategic growth opportunities

Kite Realty Group (KRG) delivered strong financial performance in Q3 2023, supported by proactive leasing strategies and a focus on balance sheet strength. While challenges like bad debt normalization persist, the company remains optimistic and eyes opportunities in leasing capital and portfolio optimization.

Kite Realty Group surpasses earnings targets, eyes aggressive growth

KRG's strong 2023 performance exceeded expectations, with a focus on aggressive leasing and growth in 2024.
Maintaining strong cash flow, low leverage, and selective re-leasing with high-quality tenants.
Challenges include reducing debt to lower leverage and anticipating market recovery by 2025.
Opportunities lie in capital deployment for lease-up programs and maximizing value from existing spaces.

Kite Realty Group sees growth with credit upgrades and asset monetization

KRG's Q1 performance reflects growth in NOI and positive credit rating upgrades, positioning the company for future success.
Despite challenges in lease spreads and market stability, KRG's strategic focus on tenant quality and asset monetization presents growth opportunities.
With a strong balance sheet, diverse tenant mix, and focus on cost control, KRG is poised for continued success and value creation.

Kite Realty Group (KRG) excels in Q2 2024, eyes growth amid challenges

Kite Realty Group (KRG) delivered a strong performance in Q2 2024, marked by operational excellence, improved credit rating, and robust leasing metrics.
While facing challenges such as moderating NOI growth and market uncertainties, KRG's strategic transactions, dividend increase, and financial outlook present opportunities for future growth.
With a focus on operational efficiency, portfolio optimization, and maintaining investor confidence, KRG remains well-positioned to navigate market dynamics and drive long-term value creation.

Kite Realty Group (KRG) reports record leasing and occupancy growth

Kite Realty Group (KRG) delivered a strong Q3 performance marked by record leasing volume, increased portfolio occupancy, and strategic acquisitions. While facing challenges in a competitive market and tenant credit concerns, the company remains focused on growth opportunities, evidenced by its development plans and elevated pipeline. With enhanced financial outlook and shareholder returns, KRG is poised for continued success.

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KRG reported 92% rent collection - outpacing the industry. KRG maintains a conservatively leveraged balance sheet with ample liquidity.

Kite Realty Is Emerging As A Premier Shopping Center REIT

Kite's operating metrics have improved in the latest quarter, with better rent collection and with the majority of tenants open for business. Cash lease spreads on new leases were positive, and management is looking to fill vacancies with higher-productivity tenants.

Kite Realty Group: Pandemic Won't Last Forever, Shares Are A Buy

Kite Realty Group Trust (KRG) CEO John Kite on Q3 2020 Results - Earnings Call Transcript

INDIANAPOLIS, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) reported today its operating results for the third quarter ended September 30, 2020.

Kite Realty Group Trust Reports Third Quarter 2020 Operating Results

SOUTH BEND, Ind., Oct. 05, 2020 (GLOBE NEWSWIRE) -- The University of Notre Dame and Kite Realty Group Trust announced today that Trader Joe’s will open a new grocery store in South Bend, a half-mile south of the University campus at the Notre Dame-inspired Eddy Street Commons.

Notre Dame and Kite Realty Group announce the addition of Trader Joe’s at Eddy Street Commons

INDIANAPOLIS, Sept.  14, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.08 per common share for the quarter ending September 30, 2020. This distribution will be paid on or about October 9, 2020, to shareholders of record as of October 2, 2020.

Kite Realty Group Trust Announces Quarterly Common Dividend, Update on Quarterly Rent Collections and Repayment of Line of Credit

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Kite Realty Is A Deeply Discounted Retail Landlord With A Strong Balance Sheet

INDIANAPOLIS, Aug.  26, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced today that it will release financial results for the quarter ending September 30, 2020, after the market closes on Wednesday, October 28. KRG will conduct a conference call to discuss its financial results the following day, October 29, at 12:00 p.m. Eastern Time.

Kite Realty Group Trust to Report Third Quarter 2020 Financial Results on October 28, 2020

Is Kite Realty Group (KRG) a great pick from the value investor's perspective right now? Read on to know more.

Is Kite Realty Group (KRG) a Great Stock for Value Investors?

Kite Realty Group Trust's (KRG) CEO John Kite on Q2 2020 Results - Earnings Call Transcript

Kite Realty Group (KRG) delivered FFO and revenue surprises of 3.45% and 0.63%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Kite Realty Group (KRG) Surpasses Q2 FFO and Revenue Estimates

INDIANAPOLIS, July  29, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today it has filed its inaugural GRESB assessment and has disclosed additional information highlighting the company’s ongoing commitment to environmental, social and governance (ESG) excellence.

Kite Realty Group Trust Conducts Inaugural GRESB Assessment, Enacts ESG Policy,  and Releases 2019 & 2020 ESG Highlights

INDIANAPOLIS, June  18, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: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. This distribution will be paid on or about July 9, 2020, to shareholders of record as of July 2, 2020.

Kite Realty Group Trust Announces Quarterly Common Dividend and Repayment of Credit Facility

INDIANAPOLIS, June  09, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) provided the following update.

Kite Realty Group Trust Updates Rent Collections and Store Reopening Status

INDIANAPOLIS, May  29, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced today the implementation of its Re-Opening Resources program. KRG has launched a series of initiatives across its portfolio to help its retail, restaurant, and service tenants navigate the process of re-opening their businesses.

Kite Realty Group Trust Launches Re-Opening Resources Program

INDIANAPOLIS, May  20, 2020  (GLOBE NEWSWIRE) -- Following the annual shareholder meeting on May 14, 2020, Kite Realty Group Trust (NYSE: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. Ms. Young will also serve as a member of the Corporate Governance and Nominating Committee.

Kite Realty Group Trust Affirms Nomination of Caroline Young for Board of Trustees and Amends Declaration of Trust

Kite Realty Group Trust, Inc. (KRG) CEO John Kite on Q1 2020 Results - Earnings Call Transcript

Kite Realty Group (KRG) delivered FFO and revenue surprises of -5.26% and -1.25%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Kite Realty Group (KRG) Q1 FFO and Revenues Miss Estimates

INDIANAPOLIS, May  05, 2020  (GLOBE NEWSWIRE) -- In the ongoing response to COVID-19, Kite Realty Group Trust (NYSE:KRG) has utilized its Kite Cares platform in an effort to support the communities it serves.

Kite Realty Group Trust Continues Community Outreach through Kite Cares Initiative

INDIANAPOLIS, April  20, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced today the launch of its KRG Small Business Loan program. The program, exclusively for KRG tenants, is designed to provide expedited, low-interest loans to select KRG small-business tenants to help navigate the current environment.

Kite Realty Group Trust Launches KRG Small Business Loan Program for Tenants

INDIANAPOLIS, March  16, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced the nomination of Caroline Young for its Board of Trustees. Ms. Young currently serves as partner at Hammond, Kennedy, Whitney & Company (“HKW”) and is an active director on three private-company boards. Ms. Young’s nomination will be voted on by the Company’s shareholders at the upcoming annual shareholders’ meeting on May 14, 2020. KRG will be expanding its Board to nine trustees, effective as of the 2020 annual meeting of shareholders, in order to accommodate Ms. Young’s nomination.

Kite Realty Group Trust Announces Nomination of Caroline Young for Board of Trustees

INDIANAPOLIS, Feb.  25, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced today the immediate promotion of Mellissa Boggs to the newly created position of Executive Vice President, Employee Experience. This role will focus on enhancing holistic employee engagement and the comprehensive culture at KRG.

Kite Realty Group Trust Announces Promotion of Mellissa Boggs to Executive Vice President, Employee Experience

INDIANAPOLIS, Feb.  24, 2020  (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) (“KRG”) announced today that it will present at the Citi 2020 Global Property CEO Conference on Monday, March 2, 2020, in Hollywood, Florida.  The webcast information is as follows:

Kite Realty Group Trust to Present at the Citi 2020 Global Property CEO Conference

Kite Realty Group Trust, Inc. (KRG) CEO John Kite on Q4 2019 Results - Earnings Call Transcript

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