Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Fitch Upgrades Kite Realty Group Trust’s Rating Outlook to ‘Positive’ from ‘Stable’

Kite Realty Group Trust (KRG) 
Last kite realty group trust earnings: 2/18 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.kiterealty.com
Company Research Source: GlobeNewswire
INDIANAPOLIS, March 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Fitch Ratings (“Fitch”) revised its rating outlook for KRG to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB’ Issuer Default Rating. In its public announcement on the matter, Fitch noted the revision reflects significantly improved leverage and acknowledged KRG’s diversified portfolio “affords KRG the opportunity to take advantage of favorable demographic trends in Texas and Florida (37% of ABR), while also benefitting from the strong asset liquidity and leveragability of select strategic gateway markets such as New York City, Washington, D.C., and Seattle” and noted “if the Company is able to maintain this path, there could be positive rating momentum over the next 12 to 24 months.” About Kite Realty Group Trust Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the la Show less Read more
Impact Snapshot
Event Time:
KRG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for KRG alerts
Opt-in for
KRG alerts

from News Quantified
Opt-in for
KRG alerts

from News Quantified