Kite Realty Group Trust (NYSE:KRG) is among the 10 Fastest Growing Mid Cap Stocks to Buy Now.
Kite Realty Group Trust (NYSE:KRG) tops our list of the fastest growing stocks.
TheFly reported on February 24 that Citi increased its price target for KRG to $27 from $24 while continuing to maintain a Neutral rating on the stock.
Kite Realty Group Trust (NYSE:KRG) released its fourth-quarter 2025 results on February 17, 2026, with Core FFO of $0.51 per diluted share and NAREIT FFO of $0.52 per share. Through 164 new and renewal contracts, the company leased almost 1.3 million square feet during the quarter. For comparable new and non-option renewal leases, the blended cash leasing spreads were 18.5%.
The same-property net operating income increased by 1.7%, indicating consistent operational success. The leased rate for the retail portfolio at the end of the quarter was 95.1%, which includes 92.3% for small shops and 96.7% for anchor locations. The ABR per square foot of the operating retail portfolio rose 7.0% year over year to $22.63. During the quarter, KRG sold several assets, including eight large-format centers totaling 2.1 million square feet, for $429.0 million in gross revenues. Furthermore, the company paid $177.8 million to repurchase 7.7 million shares, bringing the total number of shares repurchased this year to 13.0 million at an average price of $23.00.
The company maintained a strong balance sheet with net debt to adjusted EBITDA of 4.9x and declared a first-quarter 2026 dividend of $0.29 per share, reflecting a 7.4% increase year-over-year.
Kite Realty Group Trust (NYSE:KRG) is a retail-focused real estate investment trust (REIT) that owns and operates open-air shopping centers across the United States, emphasizing grocery-anchored and necessity-based properties to generate stable rental income and long-term growth.
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