Home Dividends High Dividend Yield Valuation Today: Kite Realty Group Trust (NYSE: KRG)

Valuation Today: Kite Realty Group Trust (NYSE: KRG)

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Kite Realty Group Trust trades as part of the real estate sector and REITs industry. The company CEO is John A. Kite. Kite Realty Group Trust is a full-service, vertically integrated real estate company. It is engaged in the ownership, operation, management, leasing, acquisition, and development of neighborhood and community shopping centers in the United States.

Previous Intraday Trading Performance:

The KRG stock showed a previous change of 1.80% with an open at 15.66 and a close of 15.86. It reached an intraday high of 15.86 and a low of 15.63.

SeekingAlpha:  5 Reasons Why Kite Realty Is A Strong Buy

Liquidity:

The stock has a market cap of $1.3b with 83.9m shares outstanding, of which the float is 82.4m shares. Trading volume reached 482,091 shares compared to its average volume of 502,288 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Kite Realty Group Trust shares returned 3.26% and in the past 30 trading days it returned -1.67%. Over three months, it changed 4.56%. In one year it has changed 3.02% and within that year its 52-week high was 17.75 and its 52-week low was 13.66. KRG stock is 16.11% above its 52 Week Low.

Our calculations show a 200 day moving average of 15.54 and a 50 day moving average of 15.84. Currently KRG stock is trading 2.05% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Retail REITs: Fears Of Retail Apocalypse 2.0

Earnings:

The last annual fiscal EPS for the company was reported at -0.56 that ended on 31st of December 2018. Based on 7 analyst estimates, the consensus EPS for the next quarter is 0.43. The TTM EPS is 2.00, which comes to a TTM PE of 7.93.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/06/2019): 0.07
4thQtr of 2018 (Reported on 02/19/2019): -0.37
3rdQtr of 2018 (Reported on 10/31/2018): 0.05
2ndQtr of 2018 (Reported on 08/01/2018): -0.02
1stQtr of 2018 (Reported on 04/25/2018): -0.21

The dividend per share is currently 1.27, which is a dividend yield of 8.01%.

Base on our calculations, the intrinsic value per share is 19.58, which means it is possibly undervalued and has a margin of safety of 19.01%.

Indicators to Watch:

Short-interest was 2,347,832, which was 2.80% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.66. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.85.

SeekingAlpha:  Retail REITs: Fears Of Retail Apocalypse 2.0

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -1.65%, return on assets is -0.73%, profit margin is -4.11%, price-to-sales is 3.76 and price-to-book is 0.94.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 3  :Financial Strength Score
 3  :Future Growth Score
 6  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.