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![]() Wells Fargo Adjusts Price Target on Kite Realty Group Trust to $23 From $20, Maintains Underweight Rating Raymond James Downgrades Kite Realty Group Trust to Market Perform From Strong BuyīofA Securities Adjusts Kite Realty Group Trust Price Target to $28 From $26, Maintains Buy Rating Transcript : Kite Realty Group Trust Presents at Bank of America 2023 Global Real Estate Conference, Sep-13-2023 02:55 PM Nordstrom to Open Nordstrom Rack in Bay Shore, New York Kite Realty Group Trust acquired Reisterstown Road Plaza at Baltimore, MD for $48.25 million.Īn unknown buyer acquired Eastside from Kite Realty Group Trust for $14.4 million. Kite Realty Group Trust Provides Earnings Guidance for the Full Year 2023 Kite Realty Group Trust Declares Fourth Quarter 2023 Dividend, Payable on or About January 12, 2024 Kite Realty Group Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 Transcript : Kite Realty Group Trust, Q3 2023 Earnings Call, Oct 31, 2023 Wells Fargo Cuts Kite Realty Group Trust's Price Target to $21 From $23, Maintains Underweight Rating Kite Realty Group Trust Insider Sold Shares Worth $1,314,600, According to a Recent SEC Filing Access a Zacks stock report on KRG at įor copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. This story was generated by Automated Insights ( ) using data from Zacks Investment Research. Kite Realty Group expects full-year funds from operations in the range of $1.96 to $2 per share. The real estate investment trust, based in Indianapolis, posted revenue of $208.8 million in the period. ![]() The company said it had net income of $32.1 million, or 15 cents per share. It takes net income and adds back items such as depreciation and amortization. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 48 cents per share.įunds from operations is a closely watched measure in the REIT industry. The Indianapolis-based real estate investment trust said it had funds from operations of $113.7 million, or 51 cents per share, in the period. The results exceeded Wall Street expectations. INDIANAPOLIS (AP) - INDIANAPOLIS (AP) - Kite Realty Group Trust (KRG) on Monday reported a key measure of profitability in its second quarter.
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