6 analysts have shared their evaluations of Kite Realty Gr Trust KRG during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 4 | 1 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 3 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Kite Realty Gr Trust, revealing an average target of $29.67, a high estimate of $33.00, and a low estimate of $26.00. Marking an increase of 9.89%, the current average surpasses the previous average price target of $27.00.
Diving into Analyst Ratings: An In-Depth Exploration
In examining recent analyst actions, we gain insights into how financial experts perceive Kite Realty Gr Trust. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Todd Thomas | Keybanc | Raises | Overweight | $31.00 | $28.00 |
Floris Van Dijkum | Compass Point | Raises | Buy | $32.00 | $29.00 |
Alexander Goldfarb | Piper Sandler | Raises | Overweight | $33.00 | $30.00 |
Dori Kesten | Wells Fargo | Raises | Equal-Weight | $26.00 | $23.00 |
Todd Thomas | Keybanc | Raises | Overweight | $28.00 | $25.00 |
RJ Milligan | Raymond James | Announces | Outperform | $28.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Kite Realty Gr Trust. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kite Realty Gr Trust compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Kite Realty Gr Trust's stock. This examination reveals shifts in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Kite Realty Gr Trust's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Kite Realty Gr Trust analyst ratings.
Delving into Kite Realty Gr Trust's Background
Kite Realty Group Trust specializes in owning, operating, acquiring, developing, and redeveloping high-quality open-air shopping centers and mixed-use assets. The company generates the majority of its revenue from contractual rents and reimbursement payments received from tenants.
Kite Realty Gr Trust's Economic Impact: An Analysis
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Kite Realty Gr Trust showcased positive performance, achieving a revenue growth rate of 0.02% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Kite Realty Gr Trust's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 8.07%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Kite Realty Gr Trust's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.49%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Kite Realty Gr Trust's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.24%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Kite Realty Gr Trust's debt-to-equity ratio is below the industry average. With a ratio of 1.03, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Basics of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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