Kite Realty Trust (KRG)
Market Price (2/16/2026): $25.03 | Market Cap: $5.5 BilSector: Real Estate | Industry: Retail REITs
Kite Realty Trust (KRG)
Market Price (2/16/2026): $25.03Market Cap: $5.5 BilSector: Real EstateIndustry: Retail REITs
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.8%, Dividend Yield is 4.3%, FCF Yield is 5.2% | Trading close to highsDist 52W High is 0.0%, Dist 3Y High is -3.8% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 56% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 51%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 33% | Weak multi-year price returns2Y Excs Rtn is -7.2%, 3Y Excs Rtn is -34% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -1.1% |
| Low stock price volatilityVol 12M is 24% | Key risksKRG key risks include [1] its significant portfolio exposure to tenants with subpar credit ratings, Show more. | |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, E-commerce & DTC Adoption, and Sustainable & Green Buildings. Themes include Experiential Retail, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.8%, Dividend Yield is 4.3%, FCF Yield is 5.2% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 51%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 33% |
| Low stock price volatilityVol 12M is 24% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, E-commerce & DTC Adoption, and Sustainable & Green Buildings. Themes include Experiential Retail, Show more. |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is -3.8% |
| Weak multi-year price returns2Y Excs Rtn is -7.2%, 3Y Excs Rtn is -34% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 56% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -1.1% |
| Key risksKRG key risks include [1] its significant portfolio exposure to tenants with subpar credit ratings, Show more. |
Qualitative Assessment
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1. Positive Analyst Sentiment and Upgraded Price Targets.
Kite Realty Trust benefited from positive shifts in analyst ratings and price targets during this period. Wells Fargo & Company upgraded the stock from an "equal weight" to an "overweight" rating and increased its price objective from $23.00 to $25.00 in a research note on October 21, just prior to the analysis period, influencing subsequent sentiment. Additionally, Jefferies Financial Group reiterated a "hold" rating and raised its price target for KRG from $23.00 to $24.00 on December 15, 2025. These revisions indicated a growing confidence among analysts in the company's valuation and future performance.
2. Strategic Asset Dispositions and Share Repurchases.
The company engaged in strategic capital management, which was positively received by the market. On December 8, 2025, Kite Realty Group completed approximately $474 million in asset dispositions, selling a portfolio of large-format power and community centers. This move was aimed at divesting lower-growth assets, strengthening the balance sheet, and reallocating capital into higher-quality opportunities. Concurrently, KRG executed $86.1 million in additional share repurchases, signaling efficient capital deployment and a commitment to enhancing shareholder value.
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Stock Movement Drivers
Fundamental Drivers
The 15.1% change in KRG stock from 10/31/2025 to 2/15/2026 was primarily driven by a 15.1% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.75 | 25.03 | 15.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 857 | 857 | 0.0% |
| Net Income Margin (%) | 16.3% | 16.3% | 0.0% |
| P/E Multiple | 34.2 | 39.3 | 15.1% |
| Shares Outstanding (Mil) | 219 | 219 | 0.0% |
| Cumulative Contribution | 15.1% |
Market Drivers
10/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| KRG | 15.1% | |
| Market (SPY) | -0.0% | -1.5% |
| Sector (XLRE) | 6.4% | 54.7% |
Fundamental Drivers
The 17.4% change in KRG stock from 7/31/2025 to 2/15/2026 was primarily driven by a 44.8% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.33 | 25.03 | 17.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 859 | 857 | -0.3% |
| Net Income Margin (%) | 20.1% | 16.3% | -18.9% |
| P/E Multiple | 27.2 | 39.3 | 44.8% |
| Shares Outstanding (Mil) | 220 | 219 | 0.2% |
| Cumulative Contribution | 17.4% |
Market Drivers
7/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| KRG | 17.4% | |
| Market (SPY) | 8.2% | 20.1% |
| Sector (XLRE) | 5.8% | 61.7% |
Fundamental Drivers
The 14.4% change in KRG stock from 1/31/2025 to 2/15/2026 was primarily driven by a 10.3% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.89 | 25.03 | 14.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 827 | 857 | 3.6% |
| P/S Multiple | 5.8 | 6.4 | 10.3% |
| Shares Outstanding (Mil) | 220 | 219 | 0.1% |
| Cumulative Contribution | 14.4% |
Market Drivers
1/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| KRG | 14.4% | |
| Market (SPY) | 14.3% | 53.2% |
| Sector (XLRE) | 7.5% | 73.0% |
Fundamental Drivers
The 33.5% change in KRG stock from 1/31/2023 to 2/15/2026 was primarily driven by a 18.6% change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.75 | 25.03 | 33.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 760 | 857 | 12.7% |
| P/S Multiple | 5.4 | 6.4 | 18.6% |
| Shares Outstanding (Mil) | 219 | 219 | -0.1% |
| Cumulative Contribution | 33.5% |
Market Drivers
1/31/2023 to 2/15/2026| Return | Correlation | |
|---|---|---|
| KRG | 33.5% | |
| Market (SPY) | 74.0% | 46.6% |
| Sector (XLRE) | 17.6% | 74.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| KRG Return | 51% | 1% | 14% | 15% | -0% | 4% | 108% |
| Peers Return | 58% | -11% | 10% | 15% | -4% | 8% | 85% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| KRG Win Rate | 75% | 42% | 58% | 75% | 50% | 50% | |
| Peers Win Rate | 83% | 38% | 57% | 60% | 43% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| KRG Max Drawdown | -4% | -21% | -9% | -11% | -22% | -4% | |
| Peers Max Drawdown | -4% | -26% | -13% | -11% | -16% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: KIM, REG, BRX, PECO, FRT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/13/2026 (YTD)
How Low Can It Go
| Event | KRG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -27.7% | -25.4% |
| % Gain to Breakeven | 38.2% | 34.1% |
| Time to Breakeven | 293 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -62.9% | -33.9% |
| % Gain to Breakeven | 169.8% | 51.3% |
| Time to Breakeven | 335 days | 148 days |
| 2018 Correction | ||
| % Loss | -41.4% | -19.8% |
| % Gain to Breakeven | 70.7% | 24.7% |
| Time to Breakeven | 2,288 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -89.9% | -56.8% |
| % Gain to Breakeven | 891.7% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to KIM, REG, BRX, PECO, FRT
In The Past
Kite Realty Trust's stock fell -27.7% during the 2022 Inflation Shock from a high on 3/29/2022. A -27.7% loss requires a 38.2% gain to breakeven.
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About Kite Realty Trust (KRG)
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Here are 1-2 brief analogies for Kite Realty Trust (KRG):
Simon Property Group (SPG), but for your local grocery store's shopping center.
(Simon Property Group is widely known for owning large, often enclosed malls; KRG specializes in open-air, grocery-anchored shopping centers that cater to daily necessities.)
American Tower (AMT), but for the physical locations of retail stores instead of cell towers.
(American Tower is a well-known REIT that owns essential infrastructure like cell towers and leases space on them; KRG owns essential retail infrastructure – shopping centers – and leases space to various businesses.)
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- Retail Space Leasing: Providing rentable space within open-air, grocery-anchored shopping centers to various retail and service tenants.
- Property Management: Operating and maintaining their portfolio of shopping centers to ensure optimal tenant experience and property value.
- Real Estate Development: Developing and redeveloping shopping centers to expand their portfolio and enhance asset quality.
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Kite Realty Trust (KRG) is a real estate investment trust (REIT) that primarily owns and operates open-air shopping centers. As such, the company sells space (leases) primarily to other companies rather than individuals.
KRG's major customers are its retail tenants. Based on their portfolio and typical tenants for this type of REIT, key customer companies often include:
- Publix Super Markets, Inc. (Private Company)
- The Kroger Co. (NYSE: KR)
- Target Corporation (NYSE: TGT)
- The TJX Companies, Inc. (NYSE: TJX)
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```htmlJohn A. Kite, Chairman & Chief Executive Officer
Mr. Kite has served as Chairman of the Board since December 2008, a trustee since March 2004, and Chief Executive Officer since Kite Realty Trust's IPO in August 2004. He was also President from the IPO until December 2008. From 1997 to the IPO in 2004, he served as President and CEO of the predecessor "Kite Companies" and other affiliated entities. Mr. Kite joined the organization, which was founded in 1960, as Chief Financial Officer of Kite Development in 1990. His career began in 1987 at HarrisTrust and Savings Bank in Chicago. Under his leadership, Kite Realty Group merged with Retail Properties of America Inc. in an all-stock deal valued at $2.8 billion, which closed in October 2021. In 2019, the company sold 14 non-core properties for $415 million and a total of 24 assets for $544 million to reduce debt and improve its balance sheet.
Heath R. Fear, Executive VP, Chief Financial Officer
Mr. Fear joined Kite Realty Group as Executive Vice President and Chief Financial Officer in November 2018. Before joining Kite, he was Chief Financial Officer at GGP Inc. from 2017 to 2018, and prior to that, CFO at Retail Properties of America, Inc. (RPAI) from 2015 to 2017. Mr. Fear has over 20 years of experience in the retail real estate industry and with publicly traded REITs. His career started in law firms, moving to an in-house legal role at Prime Group Realty Trust, and then to General Growth Properties (GGP). During the Great Recession, he was part of the bankruptcy team at GGP, restructuring 105 loans totaling $15 billion, and subsequently ran GGP's capital markets group. At Kite, he directed a plan in 2019 to sell non-core assets, leading to the sale of 24 properties for $544 million, which significantly reduced debt and improved liquidity.
Thomas K. McGowan, President & Chief Operating Officer
Mr. McGowan has served as President since 2008 and Chief Operating Officer of Kite Realty Group since 2004. Before the company's IPO, he was Executive Vice President and a partner of the Kite Companies starting in 1995. Prior to his time with the Kite Companies, Mr. McGowan worked for real estate developer Mansur Development Corporation for eight years. With over 30 years of experience in real estate investment, he has been responsible for coordinating the development of various property types, including shopping centers, Class A office buildings, medical facilities, industrial buildings, planned unit developments, and full-service hotels.
David E. Buell, Senior VP & Chief Accounting Officer
As Senior Vice President and Chief Accounting Officer, Mr. Buell is responsible for overseeing Kite Realty Group's accounting, financial reporting, and tax functions. He joined the company in 2010 and previously held the position of Corporate Controller. Before joining Kite Realty Group, Mr. Buell was a Senior Manager in the audit practice at KPMG, where he specialized in the real estate sector. He possesses significant experience working with public companies and has provided assistance in multiple public equity and debt offerings.
Tyler Henshaw, Senior Vice President, Capital Markets, Investor Relations & Corporate Finance
Mr. Henshaw is responsible for facilitating capital market transactions, developing corporate finance strategy, managing investor relations, and leading financial planning and analysis within Kite Realty Group. He joined the company in 2019. Prior to his tenure at Kite Realty Group, Mr. Henshaw held various accounting and finance positions at Starwood Retail Partners, Walton Street Capital, and Ernst & Young.
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Key Risks to Kite Realty Trust (KRG)
- Tenant Quality and Bankruptcies: Kite Realty Trust faces risks associated with the credit quality of its tenants. A significant portion of its portfolio includes tenants with lower-than-average credit ratings, increasing the likelihood of lease defaults, revenue losses, and higher vacancy rates. For instance, PetSmart, a major tenant, holds a subpar B1 credit rating from Moody's. Persistent exposure to bankrupt tenants could negatively impact property values and make it harder to attract new tenants or secure favorable financing.
- Interest Rate Fluctuations and Refinancing Risks: As a real estate investment trust (REIT), KRG is susceptible to changes in interest rates. Rising interest rates can increase the cost of debt, impacting the company's financing costs and potentially affecting its ability to refinance existing debt at favorable terms. This risk is a general factor affecting the real estate industry and specifically highlighted in KRG's forward-looking statements.
- Economic Conditions and Evolving Consumer Behavior: General economic downturns and shifts in consumer spending habits, including the ongoing growth of e-commerce, pose risks to Kite Realty Trust's business. While KRG focuses on necessity-based and grocery-anchored retail, a challenging economic environment can reduce consumer traffic and spending, thereby affecting tenant sales and their ability to meet lease obligations. Changes in consumer behavior or public health crises could also lead to long-term impacts on the viability of traditional retail formats.
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Kite Realty Trust (KRG) specializes in the ownership, operation, and development of high-quality, open-air shopping centers and mixed-use assets, primarily grocery-anchored neighborhood and community centers within the United States.
The addressable markets for Kite Realty Trust's main products and services are substantial within the U.S. region:
- The overall U.S. grocery retail market is projected to exceed $1.5 trillion by 2027, demonstrating a compound annual growth rate (CAGR) of 3.1%.
- Investments specifically in grocery-anchored retail properties comprised approximately 22% of all retail center acquisitions in 2023. Multi-tenant, grocery-anchored retail transactions in the U.S. totaled $7.0 billion in 2024, indicating robust investment appetite.
- U.S. open-air shopping centers are experiencing historically low vacancy rates, with only 6.2% of space available for lease as of late 2024 and early 2025, the lowest level since 2006. This scarcity, coupled with minimal new construction, creates favorable conditions for rent growth. This segment is considered to be undergoing a "retail renaissance."
Kite Realty Trust's focus is on selected markets across the U.S., particularly in high-growth Sun Belt regions and strategic gateway markets.
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Expected Drivers of Future Revenue Growth for Kite Realty Trust (KRG)
Over the next 2-3 years, Kite Realty Trust (KRG) is expected to drive future revenue growth through several key strategies:
-
Organic Rent Growth and Strong Leasing Spreads
Kite Realty Trust consistently reports strong blended cash leasing spreads on new and renewal leases, indicating its ability to achieve higher rental rates. The company has also emphasized embedding higher rent bumps in its leases. For new and non-option renewal leases signed in the first three quarters of 2024, the average annual growth was 3.5%, a 50 basis point increase over 2023. This organic growth in minimum rents and favorable leasing spreads directly contributes to increased revenue.
-
Increasing Occupancy Rates
KRG is focused on driving both anchor and small shop occupancy to historical highs, with the total portfolio at 95% leased, a 160 basis point year-over-year increase as of Q3 2024. The company views recent bankruptcy-driven vacancies as opportunities to re-lease space, upgrade the tenant mix, and enhance growth. A strong signed-not-open pipeline, with an average annual base rent (ABR) significantly above the current portfolio average, is anticipated to contribute to an acceleration in same-property net operating income (NOI) growth as these leases commence.
-
Strategic Portfolio Optimization and Focus on High-Growth Markets
KRG is actively optimizing its portfolio through strategic asset recycling, including the disposition of non-core assets (with a disposition pipeline of approximately $500 million), and investing in high-quality, grocery-anchored, open-air shopping centers and mixed-use assets located in high-growth Sun Belt and strategic gateway markets. This strategy aims to enhance portfolio quality, diversify the tenant mix with high-credit tenants (such as Whole Foods, Crate & Barrel, Nordstrom Rack, and HomeSense), and generate long-term value creation.
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Share Repurchases
- Kite Realty Trust authorized a $150 million share repurchase program in February 2021, set to run through February 28, 2022.
- Between July 1 and October 30, 2025, the company repurchased 3.4 million shares for approximately $75 million, completing the program announced in 2021.
- Proceeds from anticipated non-core asset sales in late 2025, estimated at $500 million, may be deployed into future share repurchases.
Share Issuance
- In July 2021, Kite Realty Trust merged with Retail Properties of America, Inc. (RPAI) in a 100% stock-for-stock transaction.
- This merger resulted in each RPAI common share being converted into 0.6230 newly issued KRG common shares, with RPAI shareholders expected to own approximately 60% of the combined company's equity.
- This transaction significantly increased KRG's shares outstanding from approximately 84.19 million in 2020 to about 180 million in 2021.
Outbound Investments
- KRG acquired Village Commons (Miami MSA), a Publix-anchored center, for $68.4 million in Q1 2025.
- In Q1 2025, KRG's joint venture with GIC acquired Legacy West (Dallas MSA) for $785 million, with KRG's share of the investment being $408 million.
- The company completed one acquisition for $81.0 million and $142.1 million of dispositions in 2023.
Capital Expenditures
- Kite Realty Trust undertook a multi-faceted, transformational redevelopment project at Glendale Town Center in Indianapolis, including new retail, multi-family, and outlot components, which was expected to be completed in 2021.
- The company continuously optimizes its portfolio through strategic development and redevelopment, focusing on enhancing property value and appeal in high-growth Sun Belt and strategic gateway markets.
Latest Trefis Analyses
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| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 33.75 |
| Mkt Cap | 9.0 |
| Rev LTM | 1,325 |
| Op Inc LTM | 481 |
| FCF LTM | 492 |
| FCF 3Y Avg | 462 |
| CFO LTM | 637 |
| CFO 3Y Avg | 603 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.8% |
| Rev Chg 3Y Avg | 6.7% |
| Rev Chg Q | 7.8% |
| QoQ Delta Rev Chg LTM | 1.9% |
| Op Mgn LTM | 34.6% |
| Op Mgn 3Y Avg | 34.0% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 49.7% |
| CFO/Rev 3Y Avg | 49.3% |
| FCF/Rev LTM | 40.5% |
| FCF/Rev 3Y Avg | 40.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 9.0 |
| P/S | 6.8 |
| P/EBIT | 19.0 |
| P/E | 26.0 |
| P/CFO | 13.9 |
| Total Yield | 6.2% |
| Dividend Yield | 3.5% |
| FCF Yield 3Y Avg | 5.6% |
| D/E | 0.6 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 6.6% |
| 3M Rtn | 11.6% |
| 6M Rtn | 13.7% |
| 12M Rtn | 9.5% |
| 3Y Rtn | 25.9% |
| 1M Excs Rtn | 10.5% |
| 3M Excs Rtn | 11.5% |
| 6M Excs Rtn | 8.3% |
| 12M Excs Rtn | -6.0% |
| 3Y Excs Rtn | -35.8% |
Price Behavior
| Market Price | $25.03 | |
| Market Cap ($ Bil) | 5.5 | |
| First Trading Date | 08/12/2004 | |
| Distance from 52W High | -0.0% | |
| 50 Days | 200 Days | |
| DMA Price | $23.44 | $22.12 |
| DMA Trend | up | up |
| Distance from DMA | 6.8% | 13.1% |
| 3M | 1YR | |
| Volatility | 17.8% | 23.4% |
| Downside Capture | -59.98 | 50.24 |
| Upside Capture | 15.80 | 61.14 |
| Correlation (SPY) | -2.9% | 54.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.33 | -0.27 | 0.03 | 0.39 | 0.68 | 0.74 |
| Up Beta | -0.03 | 0.02 | 0.00 | 0.90 | 0.79 | 0.75 |
| Down Beta | 0.44 | 0.17 | 0.31 | 0.56 | 0.59 | 0.70 |
| Up Capture | -86% | -29% | 15% | 26% | 50% | 43% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 8 | 21 | 30 | 60 | 122 | 383 |
| Down Capture | -126% | -97% | -35% | 1% | 75% | 93% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 19 | 29 | 63 | 124 | 354 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with KRG | |
|---|---|---|---|---|
| KRG | 15.4% | 23.6% | 0.54 | - |
| Sector ETF (XLRE) | 6.3% | 16.5% | 0.19 | 73.6% |
| Equity (SPY) | 14.0% | 19.4% | 0.55 | 54.4% |
| Gold (GLD) | 74.3% | 25.3% | 2.17 | -4.8% |
| Commodities (DBC) | 7.0% | 16.7% | 0.24 | 19.7% |
| Real Estate (VNQ) | 7.9% | 16.6% | 0.28 | 78.1% |
| Bitcoin (BTCUSD) | -29.8% | 44.9% | -0.65 | 15.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with KRG | |
|---|---|---|---|---|
| KRG | 12.9% | 27.8% | 0.45 | - |
| Sector ETF (XLRE) | 6.0% | 19.0% | 0.22 | 68.6% |
| Equity (SPY) | 13.3% | 17.0% | 0.62 | 52.6% |
| Gold (GLD) | 22.1% | 17.0% | 1.06 | 5.1% |
| Commodities (DBC) | 10.5% | 18.9% | 0.44 | 17.5% |
| Real Estate (VNQ) | 5.2% | 18.8% | 0.18 | 73.6% |
| Bitcoin (BTCUSD) | 8.3% | 57.2% | 0.37 | 21.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with KRG | |
|---|---|---|---|---|
| KRG | 4.8% | 36.8% | 0.24 | - |
| Sector ETF (XLRE) | 7.6% | 20.5% | 0.33 | 66.8% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 53.4% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 1.3% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 23.4% |
| Real Estate (VNQ) | 6.4% | 20.7% | 0.27 | 73.7% |
| Bitcoin (BTCUSD) | 67.9% | 66.7% | 1.07 | 15.4% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/29/2025 | -1.6% | -1.0% | 3.1% |
| 7/30/2025 | -4.2% | -4.8% | -1.6% |
| 4/29/2025 | 0.5% | 2.7% | 3.5% |
| 2/11/2025 | -3.2% | -5.7% | -10.4% |
| 10/30/2024 | -1.4% | 3.9% | 5.9% |
| 7/30/2024 | -3.3% | -5.1% | 2.0% |
| 4/30/2024 | -1.7% | -1.1% | -1.7% |
| 2/13/2024 | -1.4% | 0.0% | -3.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 14 | 14 |
| # Negative | 13 | 10 | 10 |
| Median Positive | 2.3% | 3.6% | 3.4% |
| Median Negative | -1.5% | -4.1% | -4.3% |
| Max Positive | 6.0% | 16.2% | 63.5% |
| Max Negative | -5.1% | -6.9% | -53.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 04/30/2025 | 10-Q |
| 12/31/2024 | 02/12/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/21/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 02/28/2022 | 10-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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