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Kite Realty reports Q1 2026 net income of $11.4M and 3.6% same property NOI growth, raising 2026 earnings guidance.

Company Fundamentals
29 Apr 2026
GlobeNewsWire
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Bullish
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Kite Realty Group reported a net income of $11.4 million for Q1 2026, down from $23.7 million a year earlier, but achieved a 3.6% increase in same property net operating income (NOI). The company signed 151 new and renewal leases totaling 707,000 square feet, with strong leasing spreads and occupancy gains. Kite Realty also repurchased 16.9 million shares for $400 million since 2025 and increased its share buyback program to $600 million. It affirmed its 2026 earnings guidance with expected net income per share between $0.33 and $0.39 and same property NOI growth of 2.5% to 3.5%.

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