---
schema_version: "secwatch.filing_event.v1"
accession: "0001286043-24-000012"
form_type: "8-K"
ticker: "KRG"
cik: "0001286043"
company_name: "KITE REALTY GROUP TRUST"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:07:15.286620+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kite Realty Q4 net income $8M vs loss year-ago; raises dividend 4.2%; guides 2024 FFO $2.00-$2.06

## Summary
- Q4 NAREIT FFO $0.50/diluted share; full-year 2023 FFO $2.03/share, up 4.6% YoY.
- Same Property NOI increased 2.8% in Q4 and 4.8% for full year 2023.
- Leased 4.9M sq ft in 2023 at 14.3% comparable cash leasing spreads; record quarterly new leasing volume in Q4.
- After year end, issued $350M senior unsecured notes at 5.50% due 2034; proceeds to cover all 2024 maturities.
- Declared Q1 2024 dividend $0.25/share (4.2% YoY increase); 2024 FFO guidance $2.00-$2.06/diluted share.

## SEC filing metadata
- accession: 0001286043-24-000012
- form_type: 8-K
- ticker: KRG
- cik: 0001286043
- company_name: KITE REALTY GROUP TRUST
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1286043/000128604324000012/0001286043-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1286043/000128604324000012/krg-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001286043-24-000012
- JSON: https://secwatch.observer/filing/0001286043-24-000012.json
- Plain text: https://secwatch.observer/filing/0001286043-24-000012.txt

## Key facts
- Earnings Releases
  KITE REALTY GROUP TRUST reported the year ended December 31, 2023 results: net income $47.5 million, or $0.22 per diluted share, EPS $0.22 per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: $47.5 million, or $0.22 per diluted share
  - EPS: $0.22 per diluted share
  - Result: reported results
  source text: For the years ended December 31, 2023 and 2022, net income attributable to common shareholders was $47.5 million, or $0.22 per diluted share, compared to a net loss of $12.6 million, or $0.06 per diluted share, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000128604324000012/0001286043-24-000012-index.htm
- Earnings Releases
  KITE REALTY GROUP TRUST reported 2024 results: net income $0.29 to $0.35 per diluted share, EPS $0.29 to $0.35 per diluted share. Guidance initiated.
  - Period: 2024
  - Net income: $0.29 to $0.35 per diluted share
  - EPS: $0.29 to $0.35 per diluted share
  - Guidance: initiated
  - Result: guidance update
  source text: The Company expects to generate net income attributable to common shareholders of $0.29 to $0.35 per diluted share in 2024 and NAREIT FFO of $2.00 to $2.06 per diluted share, based, in part, on the following assumptions:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000128604324000012/0001286043-24-000012-index.htm
- Earnings Releases
  KITE REALTY GROUP TRUST reported the quarter ended December 31, 2023 results: net income $8.0 million, or $0.04 per diluted share, EPS $0.04 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $8.0 million, or $0.04 per diluted share
  - EPS: $0.04 per diluted share
  - Result: reported results
  source text: For the quarters ended December 31, 2023 and 2022, net income attributable to common shareholders was $8.0 million, or $0.04 per diluted share, compared to a net loss of $1.1 million, or $0.01 per diluted share, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000128604324000012/0001286043-24-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.