Kite Realty Group Trust Common Stock (KRG)

FairStock Score: 63/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Kite Realty as a REIT, so reported EPS and P/E are distorted by depreciation; FFO/AFFO, the better REIT yardsticks, are not in my data. I therefore lean on dividend yield, leverage, revenue trend, and price-to-book. The business owns open-air shopping centers and mixed-use properties in Sun Belt and gateway markets, which can be decent locations with a modest moat if management keeps them leased. The filed record is uneven. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $196.3M, net income $161.3M, and diluted EPS $0.79. In fiscal Q1 2026, revenue was $200.7M, net income $11.4M, and EPS $0.06. In fiscal Q3 2025, net income was -$16.2M and EPS -$0.07. For FY2025, revenue was $844.4M, net income $298.7M, and EPS $1.37, a sharp rebound from FY2024 net income of $4.1M and EPS $0.02. FY2023 net income was $47.5M and EPS $0.22. The supplied data show revenue growth of -8.03% and profit growth of 46.22%. At the 2026-10-13 close of $24.12, FairStock's price-based measures include a 4.56% dividend yield, 5.4% trailing FCF yield, P/B of 1.68, P/E of 15.08, EV/EBITDA of 9.13, and D/E of 0.96. FCF was $260.3M. The dividend looks supported by FCF, but leverage is meaningful and Altman Z of 0.67 warns of financial fragility. Book value is not a bargain at 1.68 times. The Lynch category is computed as TURNAROUND, because it returned to profit after a loss within the last three years. Overall, quality is location-dependent, earnings are lumpy, and the price looks fair rather than compelling without FFO/AFFO.

In plain English: Kite Realty owns and operates open-air shopping centers and mixed-use places, mostly in Sun Belt and gateway markets. The business earns money, pays a solid dividend, and has positive cash flow, but revenue has recently slipped and profits are uneven. At the recent price, the shares look fair rather than clearly cheap or expensive based on the company's assets and earnings.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer