Kite Realty Group Trust (N:KRG)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | SUITE 1100, 30 S MERIDIAN STREET INDIANAPOLIS IN 46204 |
| Tel: | 1-317-7137780 |
| Website: | https://kiterealty.com |
| IR: | See website |
| Key People | ||
| John A. Kite Chairman of the Board of Trustees, Chief Executive Officer | Thomas K. Mcgowan President, Chief Operating Officer | Heath R. Fear Chief Financial Officer, Executive Vice President |
| Business Overview |
| Kite Realty Group Trust is a real estate investment trust (REIT). The Company, through its subsidiary, Kite Realty Group, L.P., is engaged in the ownership, operation, acquisition, development and redevelopment of open-air shopping centers and mixed-use assets. The Company's primarily grocery-anchored portfolio is located in Sun Belt and various markets in the United States. The Company collects contractual rents and reimbursement payments from tenants under existing lease agreements at each of its properties. The Company owns interests in approximately 180 operating retail properties totaling approximately 28.1 million square feet and one office property with 0.3 million square feet. Of the 180 operating retail properties, 10 contain an office component. The Company also owns two development projects under construction as of this date. The Company's subsidiary is Kite Realty Group, L.P. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Kite Realty Group Trust revenues increased 3% to $823M. Net income totaled $47.5M vs. loss of $12.6M. Revenues reflect NAREIT FFO - Per Share - Basic - Total increase of 5% to $2.04, NAREIT FFO - Per Share - Diluted - Total increase of 5% to $2.03, Rental income increase of 4% to $810.1M. Net Income reflects Net Operating Income (NOI), Total increase of 5% to $608.3M. |
| Employees: | 229 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $7,305M as of Dec 31, 2023 |
| Annual revenue (TTM): | $823.00M as of Dec 31, 2023 |
| EBITDA (TTM): | $560.09M as of Dec 31, 2023 |
| Net annual income (TTM): | $47.50M as of Dec 31, 2023 |
| Free cash flow (TTM): | $41.52M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $2,793M as of Dec 31, 2023 |
| Shares outstanding: | 219,603,862 as of Apr 8, 2024 |
| Index Membership: | S&P 400 Mid Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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