Kite Realty Group Trust [NYSE: KRG] gained 1.26% or 0.29 points to close at $23.24 with a heavy trading volume of 5393047 shares.
The daily chart for KRG points out that the company has recorded -4.64% loss over the past six months.
If we look at the average trading volume of 1.70M shares, KRG reached to a volume of 5393047 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Kite Realty Group Trust [KRG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KRG shares is $28.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KRG stock is a recommendation set at 2.09. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for Kite Realty Group Trust shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on Feb-14-25. While these analysts kept the previous recommendation, Jefferies dropped their target price from $31 to $27. The new note on the price target was released on January 02, 2025, representing the official price target for Kite Realty Group Trust stock. Previously, the target price had yet another raise from $23 to $26, while Wells Fargo kept a Equal Weight rating on KRG stock.
The Average True Range (ATR) for Kite Realty Group Trust is set at 0.60, with the Price to Sales ratio for KRG stock in the period of the last 12 months amounting to 6.02. The Price to Book ratio for the last quarter was 1.54, with the Price to Cash per share for the same quarter was set at 2.20. Price to Free Cash Flow for KRG in the course of the last twelve months was 18.25.
Trading performance analysis for KRG stock
Kite Realty Group Trust [KRG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.22. With this latest performance, KRG shares gained by 1.93% in over the last four-week period, additionally sinking by -4.64% over the last 6 months – not to mention a rise of 7.38% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KRG stock in for the last two-week period is set at 45.57, with the RSI for the last a single of trading hit 47.64, and the three-weeks RSI is set at 44.12 for Kite Realty Group Trust [KRG]. The present Moving Average for the last 50 days of trading for this stock 24.49, while it was recorded at 23.32 for the last single week of trading, and 24.40 for the last 200 days.
An analysis of Institutional ownership at Kite Realty Group Trust [KRG]
The top three institutional holders of KRG stocks are: BLACKROCK INC. with ownership of 34.88 million shares, which is approximately 15.8884%. VANGUARD GROUP INC, holding 33.37 million shares of the stock with an approximate value of $$746.79 million in KRG stocks shares; and VANGUARD GROUP INC, currently with $$277.0 million in KRG stock with ownership which is approximately 5.6389%.
