KRG · Kite Realty Group Trust
Market Cap
$5.21B
Shares
200.35M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$26.00
Open$26.10
Day$25.99–26.25
52W close$21.33–29.83
Avg vol 30d2.5M
Short int12.6M · 6.3% float · 4.0d
Short vol75%
Last earningsJul 30, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 30
Up next
Next earnings call
Oct 30, 2026
Est · unconfirmed
· in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 30, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Bullish
Fundamentals
Strong
Quant / Vol
Very Low
Market backdrop
VIX 14.4 · calm
Equity put/call 0.62
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+1%
above
Price vs 50-day avg
−7%
below
RSI (14)
31
neutral
MACD trend
Positive
52-week position
55%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−9%
trailing
6-month return
+1%
trailing
YTD return
+8%
this year
Relative strength
−13%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $28 › 200d $26 — 50d above 200d
Institutional flow
Accumulating
+7% holders QoQ · +67 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
6.31% of float · ▼ -1.9% MoM · 4.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
400 holders — near 3-yr high, broad support
Squeeze score
49
elevated · 0–100
Fundamentals
Revenue growth
+1%
Y/Y
EPS growth
+6750%
Y/Y
Free cash flow
$376.4M
Valuation
P/E 16.2
below peers
Buyback
$124.3M
remaining
Balance sheet
$3.0B
net debt
Quant / Vol
risk profile
Volatility
18%
annualized · 1-yr
Max drawdown
−13%
past year
ATR
1.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 30, 2026
Net income
· 2026
$1.02 – $1.08
prior FY $1.37
midpoint −23.4% Y/Y
NAREIT FFO
· 2026
$2.06 – $2.12
Core FFO
· 2026
$2.06 – $2.12
Same Property NOI growth
· 2026
3% – 4%
Interest expense, net of interest income, excluding unconsolidat
· 2026
$114.7M
Bad debt reserve
· 2026
0.9%
Net income per diluted share
· 2026
$1.02 – $1.08
prior FY $1.37
midpoint −23.4% Y/Y
NAREIT FFO per diluted share
· 2026
$2.06 – $2.12
Core FFO per diluted share
· 2026
$2.06 – $2.12
Prior guidance
period ended
· from the 8-K filed Oct 29, 2025
Net income attributable to common shareholders per diluted share
· 2025
$0.60 – $0.62
NAREIT FFO per diluted share
· 2025
$2.09 – $2.11
Core FFO per diluted share
· 2025
$2.05 – $2.07
Same Property NOI
· 2025
2.25% – 2.75%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+1%
Bullish
Price vs 50-day avg
−7%
Bearish
RSI (14)
31
Neutral
MACD trend
Positive
Bullish
52-week position
55%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $28 › 200d $26 — 50d above 200d
Institutional flow
Accumulating
+7% holders QoQ · +67 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
6.31% of float · ▼ -1.9% MoM · 4.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
400 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $21
Now $26 · 55%
Range high $30
vs 200-day avg +1%
vs 50-day avg -7%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $130.11M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP EBITDA 279.3M
+11.01M Unconsolidated EBITDA, as adjusted
+980K Impairment charges
-87.73M Gain on sales of operating properties, net
-60.63M Gain on deconsolidation of joint venture
-1.83M Other income and expense, net
-4.07M Adjustments for acquisitions and dispositions
= Adjusted EBITDA 137.04M
|
|||
| Anchor leased percentage | 96.3% | as of June 30, 2026 | — |
|
|
|||
| Blended cash leasing spreads | 15.9% | the second quarter ended June 30, 2026 | — |
|
|
|||
| Blended cash leasing spreads (all comparable leases) | 15.9% | Three Months Ended June 30, 2026 | — |
| Blended cash leasing spreads (comparable new leases) | 28.4% | the second quarter ended June 30, 2026 | — |
| Blended cash leasing spreads (comparable non-option renewals) | 17.7% | the second quarter ended June 30, 2026 | — |
| Cash leasing spreads on a blended basis for comparable new and non-option renewal leases | 24.7% | the second quarter ended June 30, 2026 | — |
| Core FFO of the Operating Partnership non-GAAP | $108.4M | the second quarter ended June 30, 2026 | — |
|
|
|||
| Core FFO per diluted share non-GAAP | $0.52 | the second quarter ended June 30, 2026 | — |
|
|
|||
| Economic occupancy percentage at period end | 91.2% | Q2 2026 | — |
|
|
|||
| FFO attributable to common shareholders(1) | $106.31M | Q2 2026 | — |
| FFO, as defined by NAREIT, per share of the Operating Partnership – diluted | $0.53 | Q2 2026 | — |
|
|
|||
| Gross leasable space | 26.4M | as of June 30, 2026 | — |
| Leased percentage at period end | 94.7% | Q2 2026 | — |
|
|
|||
| NAREIT FFO of the Operating Partnership | $109.1M | the second quarter ended June 30, 2026 | — |
|
|
|||
| NAREIT FFO of the Operating Partnership(1) | $109.1M | Q2 2026 | — |
| NAREIT FFO per diluted share | $0.53 | the second quarter ended June 30, 2026 | — |
|
|
|||
| New and renewal leases executed | 128 | the second quarter ended June 30, 2026 | — |
|
|
|||
| New lease cash rent spread | 28.4% | Three Months Ended June 30, 2026 | — |
| NOI | $141.91M | Q2 2026 | — |
| NOI/Revenue | 73% | Q2 2026 | — |
| NOI/Revenue – Retail properties | 73.8% | Q2 2026 | — |
| Non-option renewal lease cash rent spread | 17.7% | Three Months Ended June 30, 2026 | — |
|
|
|||
| Number of multifamily units | 2,163 | As of June 30, 2026 | — |
| Number of open-air shopping centers and mixed-use assets | 165 | as of June 30, 2026 | — |
| Number of properties (total portfolio) | 165 | As of June 30, 2026 | — |
| Number of properties in Same Property Pool for the period(1) | 158 | Q2 2026 | — |
| Number of properties – Operating retail/mixed-use | 163 | As of June 30, 2026 | — |
| Number of properties – Standalone office | 2 | As of June 30, 2026 | — |
| Operating retail portfolio annualized base rent (ABR) per square foot | $23.41 | as of June 30, 2026 | — |
| Option renewal lease cash rent spread | 6.6% | Three Months Ended June 30, 2026 | — |
|
|
|||
| Option renewal lease cash rent spread (page 16) | 6.6% | Q2 2026 | — |
| Owned office GLA | 2M | As of June 30, 2026 | — |
| Owned retail operating gross leasable area (GLA) | 24.4M | As of June 30, 2026 | — |
| Percent leased – total | 94.2% | As of June 30, 2026 | — |
| Portfolio leased-to-occupied spread | 350 | Three Months Ended June 30, 2026 | — |
|
|
|||
| Portfolio leased-to-occupied spread at period end | 350 | as of June 30, 2026 | — |
| Recovery Ratio(3) – Consolidated | 85.9% | Q2 2026 | — |
| Recovery Ratio(3) – Retail properties | 91.3% | Q2 2026 | — |
| Retail portfolio leased percentage | 94.8% | as of June 30, 2026 | — |
|
|
|||
| Same Property Net Operating Income (NOI) increased | 3.7% | the second quarter ended June 30, 2026 | — |
|
|
|||
| Same Property NOI(3) | $131.66M | Q2 2026 | — |
| Signed-not-open NOI | $37.3M | as of June 30, 2026 | — |
| Small shop leased percentage | 92.3% | as of June 30, 2026 | — |
|
|
|||
| Square feet leased (new and renewal) | 1M | the second quarter ended June 30, 2026 | — |
| Total new and renewal lease cash rent spread (page 16) | 15.9% | Q2 2026 | — |
| Total new and renewal lease GLA | 994,661 | Three Months Ended June 30, 2026 | — |
|
|
|||
| Total Recurring AFFO of the Operating Partnership non-GAAP | $70.22M | Q2 2026 | — |
|
|
|||
| Anchor (≥ 10,000 sq. ft.) | 96.2% | March 31, 2026 | — |
| Annualized Adjusted EBITDA non-GAAP | $566.51M | Three Months Ended March 31, 2026 | — |
|
|
|||
| Blended cash leasing spreads for comparable new and non-option renewal leases | 19% | first quarter ended March 31, 2026 | — |
| Common shares repurchased during the quarter | 6M | first quarter ended March 31, 2026 | — |
| Company share of Net Debt | $2.95B | Q1 2026 | — |
|
|
|||
| Comparable cash leasing spreads on comparable new leases | 31.3% | first quarter ended March 31, 2026 | — |
| Comparable cash leasing spreads on comparable non-option renewals | 12.3% | first quarter ended March 31, 2026 | — |
| Comparable cash leasing spreads on comparable option renewals | 7% | first quarter ended March 31, 2026 | — |
| Comparable leases | 113 | Q1 2026 | — |
| Comparable new lease cash leasing spreads | 31.3% | Q1 2026 | — |
| Comparable new leases | 26 | Q1 2026 | — |
| Comparable non-option renewal cash leasing spreads | 12.3% | Q1 2026 | — |
| Comparable non-option renewals | 47 | Q1 2026 | — |
| Comparable option renewal cash leasing spreads | 7% | Q1 2026 | — |
| Comparable option renewals | 40 | Q1 2026 | — |
| EBITDA non-GAAP | $126.31M | Three Months Ended March 31, 2026 | — |
|
|
|||
| Economic occupancy percentage | 91.1% | Three Months Ended March 31, 2026 | — |
|
|
|||
| Economic occupancy percentage at period end (Same Property) non-GAAP | 91.1% | Three Months Ended March 31, 2026 | — |
| Executed new and renewal leases | 151 | Q1 2026 | — |
| FFO attributable to common shareholders non-GAAP | $106.75M | Three Months Ended March 31, 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP NAREIT FFO of the Operating Partnership 109.37M
-2.62M Less: Limited Partners' interests in FFO
= FFO attributable to common shareholders 106.75M
|
|||
| Fixed rate debt(1) | $2.53B | March 31, 2026 | — |
| KRG share of unconsolidated debt | $193.33M | March 31, 2026 | — |
| Leased percentage at period end (Same Property) non-GAAP | 94.6% | Three Months Ended March 31, 2026 | — |
|
|
|||
| NOI margin | 72.1% | Three Months Ended March 31, 2026 | — |
| NOI margin – retail | 73.1% | Three Months Ended March 31, 2026 | — |
| Number of properties in Same Property Pool for the period | 164 | Three Months Ended March 31, 2026 | — |
|
|
|||
| Number of properties – Development and redevelopment projects | 1 | March 31, 2026 | — |
| Number of Properties(1) | 169 | as of March 31, 2026 | — |
| Number of U.S. open-air shopping centers and mixed-use assets owned | 169 | as of March 31, 2026 | — |
| Operating retail/mixed-use | 167 | March 31, 2026 | — |
| Owned GLA(2) | 27.29M | as of March 31, 2026 | — |
| Percent leased – retail | 94.7% | March 31, 2026 | — |
| Recovery ratio of retail operating properties | 91.9% | Three Months Ended March 31, 2026 | — |
| Same Property Net Operating Income (NOI) increase non-GAAP | 3.6% | first quarter ended March 31, 2026 | — |
| Same Property NOI non-GAAP | $137M | Three Months Ended March 31, 2026 | — |
| Signed-not-open pipeline non-GAAP | $36M | first quarter ended March 31, 2026 | — |
| Small shop (< 10,000 sq. ft.) | 91.9% | March 31, 2026 | — |
| Standalone office | 2 | March 31, 2026 | — |
| Total | $3.19B | March 31, 2026 | — |
| Total consolidated debt | $2.99B | March 31, 2026 | — |
| Total property NOI non-GAAP | $144.5M | Three Months Ended March 31, 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net operating income – same properties 137M
-215K Net operating income – sold properties
+9.31M Net operating income – non-same activity
-2.63M Less: KRG share of unconsolidated joint ventures included in Same Property NOI above
+1.04M Net gains from outlot sales
= Total property NOI 144.5M
|
|||
| U.S. open-air shopping centers and mixed-use assets | 169 | March 31, 2026 | — |
| Variable rate debt(2) | $464.6M | March 31, 2026 | — |
| Adjusted EBITDA (annualized) non-GAAP | $559.21M | Q4 2025 | — |
| Blended cash leasing spreads on comparable leases | 12.8% | Q4 2025 | — |
| Cash leasing spreads on comparable new and non-option renewal leases | 20.3% | Full Year 2025 | — |
| Common shares and units outstanding | 213,829,488 | As of December 31, 2025 | — |
| Comparable blended cash leasing spreads | 13.8% | Full Year 2025 | — |
| Comparable cash leasing spreads on new anchor leases | 23.5% | Full Year 2025 | — |
| Consolidated Adjusted EBITDA non-GAAP | $543.99M | Q4 2025 | — |
| Core FFO non-GAAP | $460.43M | Year Ended December 31, 2025 | — |
| Economic occupancy percentage (Same Property) non-GAAP | 91.5% | Three Months Ended December 31, 2025 | — |
| FFO, as defined by NAREIT, per share of the Operating Partnership – basic non-GAAP | $2.1 | Year Ended December 31, 2025 | — |
| NAREIT Funds From Operations (FFO) non-GAAP | $468.64M | Year Ended December 31, 2025 | — |
| Net operating income (NOI) non-GAAP | $620.27M | Year Ended December 31, 2025 | — |
| Number of operating retail/mixed-use properties | 167 | As of December 31, 2025 | — |
| Number of standalone office properties | 2 | As of December 31, 2025 | — |
| Operating retail portfolio ABR per square foot | $22.63 | Q4 2025 | — |
| Total Number of Properties | 169 | as of December 31, 2025 | — |
| Total Owned GLA | 27.29M | as of December 31, 2025 | — |
| Unconsolidated Adjusted EBITDA non-GAAP | $41.24M | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Retail — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
KRG
this stock
Kite Realty Group Trust
|
$5.21B | +8.5% | +0.8% | 16.2 | 6.3% |
|
SPG
Simon Property Group Inc.
|
$69.60B | +15.9% | +6.7% | 15.2 | 2.7% |
|
O
Realty Income Corp
|
$58.48B | +10.0% | +9.1% | 45.1 | 4.0% |
|
UNBLF
Unibail-Rodamco SE/ADR
|
$16.39B | +10.5% | — | — | 0.0% |
|
KIM
Kimco Realty Corp
|
$15.97B | +17.3% | +5.1% | — | 4.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| KRG | -0.6% | -9.2% | +0.7% | -9.2% | +8.5% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -1.0% | -12.1% | -12.7% | -12.1% | -4.4% |
Capital returns
Latest dividend
$0.29
/ share · ex Jul 9, 2026
Declared · upcoming
$0.29
/ share · ex Oct 9, 2026
Paid (TTM)
$1.285
/ share · 4 payouts
Dividend yield (TTM, derived)
4.94%
Buyback program
· as of Jun 30, 2026
Authorized
$600.00M
Spent (derived)
$475.70M
Remaining
$124.30M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1286043
CUSIP
49803T300
13F (30d)
305 filings
302 filers
Visit website
Investor relations