Nordstrom Rack to Open New Location in Spokane, WA
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2025
0mins
Should l Buy KRG?
Source: PRnewswire
New Store Announcement: Nordstrom, Inc. plans to open a new Nordstrom Rack in Spokane, WA, in fall 2026, aiming to enhance its presence in the local market and provide customers with a variety of brands at discounted prices.
Store Features and Services: The 31,000-square-foot store will offer convenient services such as online order pickup and easy returns, contributing to Nordstrom's strategy of delivering a seamless shopping experience across physical and digital platforms.
Community Impact: The new location will expand Nordstrom's footprint in Washington, where it currently operates multiple stores, and is expected to generate over 3,100 jobs statewide, reflecting the company's commitment to investing in local communities.
Corporate Social Responsibility: Nordstrom has donated over $3 million to support Big Brothers Big Sisters of the United States, focusing on mentorship and community engagement, which aligns with its mission to positively impact the communities it serves.
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Analyst Views on KRG
Wall Street analysts forecast KRG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KRG is 24.75 USD with a low forecast of 24.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 24.690
Low
24.00
Averages
24.75
High
26.00
Current: 24.690
Low
24.00
Averages
24.75
High
26.00
About KRG
Kite Realty Group Trust is a real estate investment trust (REIT). The Company, through its subsidiary, Kite Realty Group, L.P., is engaged in the ownership, operation, acquisition, development and redevelopment of open-air, grocery-anchored shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in Sun Belt and various markets in the United States. It collects contractual rents and reimbursement payments from tenants under existing lease agreements at each of its properties. It owns interests in approximately 180 operating retail properties totaling approximately 27.8 million square feet and two office properties with 0.4 million square feet. Of the 180 operating retail properties, 10 contain an office component. It also owns one development project under construction. Its subsidiaries also include 3503 RP Carillon 1A Apartment, L.L.C., Brentwood Land Partners, LLC, Carmel Corner Holdings, LLC and Kite Eagle Creek, LLC, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Kite Realty Group (KRG) to Release Q4 2025 Financial Results on February 17, 2026
- Earnings Release Schedule: Kite Realty Group will announce its financial results for the quarter ending December 31, 2025, before the market opens on February 17, 2026, reflecting the company's commitment to transparency and timely information disclosure.
- Conference Call Details: The company will hold a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results, providing an opportunity for direct interaction between investors and management, thereby enhancing investor relations.
- Webcast Availability: The conference call will be available via live webcast on the company’s website, ensuring that all stakeholders can access key information in real-time, which improves information dissemination efficiency.
- Company Background Information: Kite Realty Group, headquartered in Indianapolis, is a real estate investment trust that owns 180 shopping centers and mixed-use assets, comprising approximately 29.7 million square feet of gross leasable space, showcasing its significant position in the market.
See More
Kite Realty Declares Special Dividend of $0.145 per Share
- Special Dividend Announcement: Kite Realty Group has declared a special dividend of $0.145 per share, payable on January 16, 2026, reflecting the company's robust cash flow management and enhancing investor confidence.
- Shareholder Return Policy: The Board of Trustees did not alter the regular quarterly dividend policy, with future declarations at their discretion, indicating a commitment to providing stable returns while maintaining operational flexibility.
- Portfolio Overview: As of September 30, 2025, Kite Realty owns interests in 180 U.S. open-air shopping centers and mixed-use assets, totaling approximately 29.7 million square feet of leasable space, showcasing its strong presence in high-growth markets.
- Market Positioning: By focusing on high-growth Sun Belt and strategic gateway markets, Kite Realty combines necessity-based grocery-anchored centers with vibrant mixed-use assets, creating an ideal platform that meets retailer needs and attracts consumers, thereby enhancing competitive advantage.
See More
Kite Realty Declares Special Dividend of $0.145 per Share
- Special Dividend Announcement: Kite Realty Group has declared a special dividend of $0.145 per share, payable on January 16, 2026, aimed at rewarding shareholders and enhancing investor confidence.
- Record Date for Shareholders: The record date for the special dividend is set for January 9, 2026, ensuring eligible shareholders receive the payout, which reflects the company's commitment to shareholder interests.
- Ongoing Dividend Policy: The Board of Trustees has made no changes to the regular quarterly dividend policy, with future declarations subject to the Board's discretion, indicating a cautious approach to maintaining dividend stability.
- Market Positioning: As a premier real estate investment trust focusing on high-growth markets with open-air shopping centers, Kite Realty continuously optimizes its portfolio to maximize shareholder returns, showcasing its competitive edge in the retail real estate sector.
See More
Kite Realty Group Sells Eight Large-Format Community Centers for $429 Million
- Successful Asset Disposition: Kite Realty has successfully closed the sale of a portfolio including eight large-format community centers, generating gross proceeds of $429 million, significantly enhancing the company's liquidity and investment capacity.
- Share Repurchase Initiative: Since the third quarter earnings call in October 2025, the company has repurchased 3.8 million shares of common stock for $86.1 million, demonstrating confidence in its stock value and plans to utilize proceeds from the sale for further buybacks.
- Enhanced Financial Stability: The proceeds from these dispositions will be allocated to 1031 acquisitions, debt reduction, and potential special dividends, which are expected to improve the company's cash flow stability and reduce risk exposure.
- Operational Metrics Improvement: Due to the change in asset composition, the 2025 Same Property Net Operating Income growth assumption has increased by 30 basis points at the midpoint, reaching a range of 2.6% to 3.0%, reflecting the strategic effectiveness in enhancing asset quality and revenue generation.
See More
Kite Realty Group Sells Eight Large Community Centers for $429 Million
- Successful Asset Disposition: Kite Realty has successfully sold a portfolio including eight large community centers for gross proceeds of $429 million, significantly enhancing the company's liquidity and capital allocation capabilities.
- Share Repurchase Program: Since the third quarter earnings call in 2025, the company has repurchased 3.8 million shares of common stock for $86.1 million, which is expected to further enhance earnings per share and shareholder returns.
- Financial Strategy Optimization: The proceeds from this asset sale will be allocated to 1031 acquisitions, share repurchases, debt reduction, and potential special dividends, aiming to enhance the company's financial flexibility and long-term growth potential.
- Operational Efficiency Improvement: This transaction has led to a 30 basis point increase in the Same Property Net Operating Income growth assumption, demonstrating the company's strategic decision-making ability in optimizing its asset portfolio and strengthening cash flow stability.
See More
Kite Realty Group Trust Falls Below 200-Day Moving Average - Significant Development for KRG
52 Week Range: KRG's stock has a 52-week low of $18.515 and a high of $27.04, with the last trade recorded at $22.14.
Market Analysis: The article mentions a comparison with other dividend stocks that have recently fallen below their 200-day moving average.
Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Investment Insight: The information provided may be useful for investors looking to analyze stock performance and market trends.
See More
Kite Realty Group (KRG) to Release Q4 2025 Financial Results on February 17, 2026
- Earnings Release Schedule: Kite Realty Group will announce its financial results for the quarter ending December 31, 2025, before the market opens on February 17, 2026, reflecting the company's commitment to transparency and timely information disclosure.
- Conference Call Details: The company will hold a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results, providing an opportunity for direct interaction between investors and management, thereby enhancing investor relations.
- Webcast Availability: The conference call will be available via live webcast on the company’s website, ensuring that all stakeholders can access key information in real-time, which improves information dissemination efficiency.
- Company Background Information: Kite Realty Group, headquartered in Indianapolis, is a real estate investment trust that owns 180 shopping centers and mixed-use assets, comprising approximately 29.7 million square feet of gross leasable space, showcasing its significant position in the market.
See More
Kite Realty Declares Special Dividend of $0.145 per Share
- Special Dividend Announcement: Kite Realty Group has declared a special dividend of $0.145 per share, payable on January 16, 2026, reflecting the company's robust cash flow management and enhancing investor confidence.
- Shareholder Return Policy: The Board of Trustees did not alter the regular quarterly dividend policy, with future declarations at their discretion, indicating a commitment to providing stable returns while maintaining operational flexibility.
- Portfolio Overview: As of September 30, 2025, Kite Realty owns interests in 180 U.S. open-air shopping centers and mixed-use assets, totaling approximately 29.7 million square feet of leasable space, showcasing its strong presence in high-growth markets.
- Market Positioning: By focusing on high-growth Sun Belt and strategic gateway markets, Kite Realty combines necessity-based grocery-anchored centers with vibrant mixed-use assets, creating an ideal platform that meets retailer needs and attracts consumers, thereby enhancing competitive advantage.
See More
Kite Realty Declares Special Dividend of $0.145 per Share
- Special Dividend Announcement: Kite Realty Group has declared a special dividend of $0.145 per share, payable on January 16, 2026, aimed at rewarding shareholders and enhancing investor confidence.
- Record Date for Shareholders: The record date for the special dividend is set for January 9, 2026, ensuring eligible shareholders receive the payout, which reflects the company's commitment to shareholder interests.
- Ongoing Dividend Policy: The Board of Trustees has made no changes to the regular quarterly dividend policy, with future declarations subject to the Board's discretion, indicating a cautious approach to maintaining dividend stability.
- Market Positioning: As a premier real estate investment trust focusing on high-growth markets with open-air shopping centers, Kite Realty continuously optimizes its portfolio to maximize shareholder returns, showcasing its competitive edge in the retail real estate sector.
See More
Kite Realty Group Sells Eight Large-Format Community Centers for $429 Million
- Successful Asset Disposition: Kite Realty has successfully closed the sale of a portfolio including eight large-format community centers, generating gross proceeds of $429 million, significantly enhancing the company's liquidity and investment capacity.
- Share Repurchase Initiative: Since the third quarter earnings call in October 2025, the company has repurchased 3.8 million shares of common stock for $86.1 million, demonstrating confidence in its stock value and plans to utilize proceeds from the sale for further buybacks.
- Enhanced Financial Stability: The proceeds from these dispositions will be allocated to 1031 acquisitions, debt reduction, and potential special dividends, which are expected to improve the company's cash flow stability and reduce risk exposure.
- Operational Metrics Improvement: Due to the change in asset composition, the 2025 Same Property Net Operating Income growth assumption has increased by 30 basis points at the midpoint, reaching a range of 2.6% to 3.0%, reflecting the strategic effectiveness in enhancing asset quality and revenue generation.
See More
Kite Realty Group Sells Eight Large Community Centers for $429 Million
- Successful Asset Disposition: Kite Realty has successfully sold a portfolio including eight large community centers for gross proceeds of $429 million, significantly enhancing the company's liquidity and capital allocation capabilities.
- Share Repurchase Program: Since the third quarter earnings call in 2025, the company has repurchased 3.8 million shares of common stock for $86.1 million, which is expected to further enhance earnings per share and shareholder returns.
- Financial Strategy Optimization: The proceeds from this asset sale will be allocated to 1031 acquisitions, share repurchases, debt reduction, and potential special dividends, aiming to enhance the company's financial flexibility and long-term growth potential.
- Operational Efficiency Improvement: This transaction has led to a 30 basis point increase in the Same Property Net Operating Income growth assumption, demonstrating the company's strategic decision-making ability in optimizing its asset portfolio and strengthening cash flow stability.
See More
Kite Realty Group Trust Falls Below 200-Day Moving Average - Significant Development for KRG
52 Week Range: KRG's stock has a 52-week low of $18.515 and a high of $27.04, with the last trade recorded at $22.14.
Market Analysis: The article mentions a comparison with other dividend stocks that have recently fallen below their 200-day moving average.
Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Investment Insight: The information provided may be useful for investors looking to analyze stock performance and market trends.
See More
