Kite Realty Group (NYSE: KRG), a real estate investment trust (REIT), is a premier owner and operator of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, makes the KRG portfolio an ideal platform for both retailers and consumers. Publicly listed since 2004, KRG has over 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of March 31, 2025, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 27.8 million square feet of gross leasable space.
Metrics to compare | KRG | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipKRGPeersSector | |
---|---|---|---|---|
P/E Ratio | 26.7x | 16.1x | 9.1x | |
PEG Ratio | 0.03 | 0.72 | 0.01 | |
Price/Book | 1.4x | 1.6x | 0.9x | |
Price / LTM Sales | 5.4x | 6.9x | 3.9x | |
Upside (Analyst Target) | 19.4% | 16.8% | 12.6% | |
Fair Value Upside | Unlock | −5.2% | 0.4% | Unlock |