earnings
confidence high
sentiment positive
materiality 0.65
Kite Realty Q1 Core FFO $0.52; raises 2026 Same Property NOI guidance
KITE REALTY GROUP TRUST
2026-Q1 EPS reported
$0.06
revenue$200,697,000
- Net income $11.4M ($0.06 diluted) vs $23.7M ($0.11) YoY; Core FFO $0.52 per share.
- Same Property NOI growth 3.6%; raised 2026 guidance to 2.5%-3.5% (prev 2.25%-3.25%).
- Dividend raised 7.4% to $0.29/share; payable July 16 to holders of record July 9.
- Repurchased 6.0M shares in Q1 at avg $25.19; board upsized buyback program to $600M.
- Blended cash leasing spreads 13.5%; new leases 31.3%; portfolio leased 94.7%.