KITE REALTY GROUP TRUST REIT (KRG)
Real Estate · Retail real estate / shopping center REIT · NYSE
A top-five open-air shopping center REIT with a diversified portfolio of grocery-anchored and mixed-use properties generating steady rental income across high-growth Sun Belt markets.
What KITE REALTY GROUP TRUST REIT does
Kite Realty Group Trust is a publicly traded REIT that owns and operates a portfolio of high-quality, open-air grocery-anchored shopping centers and mixed-use properties, primarily located in high-growth Sun Belt markets and select strategic gateway markets. The company derives revenue principally from contractual rent collection and tenant reimbursements under existing lease agreements across its diversified retail tenant base. As of December 31, 2025, Kite owns interests in 167 operating retail/mixed-use properties totaling approximately 26.9 million square feet, with 95.1% occupancy and a focus on grocery-anchored formats that represent 79% of annualized base rent.
Themes: ["Retail real estate","REIT / real estate investment","Shopping centers","Grocery-anchored retail","Sun Belt real estate markets","Mixed-use development"]
Fundamentals
- Price$28.18 as of 2026-07-09 close
- Market cap$5.8B as of 2026-07-10
- 1-year return+26.8% as of 2026-07-09 close
- P/E20.13 as of 2026-07-10
- Net margin+34.8% as of 2026-07-10
- Gross margin+73.4% as of 2026-07-10
- ROE+9.2% as of 2026-07-10
- Debt / equity1.05 as of 2026-07-10
- Revenue growth (YoY)-3.8% as of 2026-07-10
- Revenue CAGR (3y)+1.7% SEC XBRL
- Beta0.86 as of 2026-07-10
Dividend: yield +4.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Sensitivity to U.S. retail sector health and economic conditions, including impacts from tariffs, interest rate volatility, and tenant payment ability","Tenant concentration risk and potential tenant defaults affecting lease payments and portfolio occupancy","Geographic concentration in Sun Belt and gateway markets exposing the portfolio to regional economic downturns and natural disasters such as flooding"]
Competitors & peers
- Regency Centers (REG)
- Realty Income (O)
- Retail Properties of America (now part of Kite following 2021 merger)
- Urstadt Biddle Properties (UBA)
- Whitestone REIT (WSR)
- Brixmor Property Group (BRG)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.