NAS10031,225+0.48%S&P7,819+0.58%GOLD$4,185+0.68%BTC$85,431−0.41%VIX15.01−3.29%live tape · as of 01:04 UTC
The Screen · Real Estate · REIT - Retail
Kite Realty Group Trust
KRG · the NYSE · USD · Market cap $5.1B · 228 employees
Kite Realty Group Trust is a real estate investment trust that owns and operates a high-quality portfolio of open-air shopping centers and mixed-use destinations.
FAIL · Does not pass the screen
24.44 USD
Screen close, 2026-10-01 · not a live quote Last reviewed 6 days ago
Screened 2026-10-01 · the tape above runs as of 01:04 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 24.44 against the desk's fair-value range, base estimate 17.03, over the last year.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price24.44 USD
Fair value17.03
Ethical score70.0/100
Our investment reviews on this name
2026-09-03Read Markdown26.44-7.6% to today ✓
2026-08-04Read Markup28.62-14.6% to today
2026-07-02Read Accumulation29.22-16.4% to today
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Kite Realty Group Trust holds its Markdown at $24.44. The statistical read favours the buyers, held for 5 days.
As held on the ledger · 2026-10-01
Phase
Markdown · caution
Quantitative state
The statistical read favours the buyers, held for 5 days
Price at the screen
$24.44
Valuation
15.28 trailing · 71.88 forward price to earnings
Values screen
FAIL· score 70.0
Beta
0.84
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
45.40%
Below 33%
Interest-bearing debt is 45.4% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
1.41%
Below 49%
Money owed to the company is 1.4% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Falls Short, in Plain English
Kite Realty Group Trust's business is in a permissible area, but its interest-bearing debt is about 45% of the company, well over the ~33% line, so it does not pass on the financial screens.
Read as at 2026-10-04. It updates when the underlying figures move, and past reads are kept below.
Fair value range in USD, drawn from the 2026-10-01 screen. The gold marker is the market price at the same screen. The price runs 30.3% above the base estimate.
Third-party analyst targets: 9 covering, consensus Hold. The average target sits +27% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-01 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Retail REIT Priced for Growth It Lacks
Picture a landlord collecting rents from open-air centres across the Sun Belt while overall revenue slips 9 percent. Kite Realty Group Trust owns solid assets in growth markets, yet the numbers show a business contracting rather than expanding. At 55.9 times forward earnings the market is paying top dollar for a property portfolio that is not delivering top-line gains.
The gap between the current price and our fair value estimate stands at 41 percent, leaving little room for error. Profit margins sit at 35 percent and return on equity at 9 percent, respectable but hardly exceptional for a REIT trading this high. Analyst targets hover near the present level, yet those forecasts rest on assumptions the recent revenue trend does not support.
Even with an ethical screen passed, the combination of negative growth and stretched multiples points to capital at risk of permanent loss if occupancy or rents soften. Cyclical retail exposure adds further pressure when consumer spending slows. Analysis, not advice.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
KRG trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-10-02Markdown$24.44-7.6%Entry 6
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 7.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 17% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 33%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (11 analysts) rates it buy, with a mean price target of $28.
2026-09-03Markdown · changed$26.44-7.6%Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 7.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 17% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 33%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (11 analysts) rates it buy, with a mean price target of $28.
2026-08-04Markup · changed$28.62-2.1%Entry 4
The framework has shifted from accumulation to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 2.1% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 17% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 33%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (11 analysts) rates it buy, with a mean price target of $28.
2026-07-18Accumulation$29.22+0.0%Entry 3
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 17% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 33%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (11 analysts) rates it buy, with a mean price target of $28.
2026-07-03Accumulation$29.22+0.0%Entry 2
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Accumulation$29.22Entry 1
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
