Equities research analysts predict that Kilroy Realty Corp (NYSE:KRC) will announce sales of $169.05 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Kilroy Realty Corp’s earnings. The lowest sales estimate is $165.24 million and the highest is $172.19 million. Kilroy Realty Corp posted sales of $145.45 million during the same quarter last year, which suggests a positive year-over-year growth rate of 16.2%. The company is scheduled to report its next quarterly earnings report after the market closes on Wednesday, April 26th.

On average, analysts expect that Kilroy Realty Corp will report full-year sales of $169.05 million for the current fiscal year, with estimates ranging from $668.2 million to $703.58 million. For the next financial year, analysts forecast that the business will post sales of $736.14 million per share, with estimates ranging from $685.44 million to $782.48 million. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Kilroy Realty Corp.

Kilroy Realty Corp (NYSE:KRC) last announced its quarterly earnings data on Monday, February 6th. The real estate investment trust reported $0.29 EPS for the quarter, missing the Zacks’ consensus estimate of $0.86 by $0.57. Kilroy Realty Corp had a net margin of 45.72% and a return on equity of 8.72%. The company had revenue of $168.65 million for the quarter, compared to analysts’ expectations of $163.31 million. During the same period in the previous year, the firm posted $0.80 earnings per share.

Several brokerages have recently issued reports on KRC. BMO Capital Markets reaffirmed a “buy” rating and issued a $82.00 target price on shares of Kilroy Realty Corp in a research note on Thursday, March 2nd. Evercore ISI lowered shares of Kilroy Realty Corp from a “hold” rating to an “underperform” rating in a research note on Friday, March 3rd. Zacks Investment Research lowered shares of Kilroy Realty Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, April 12th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $76.00 target price (down previously from $80.00) on shares of Kilroy Realty Corp in a research note on Monday, January 9th. Finally, Royal Bank of Canada lowered shares of Kilroy Realty Corp from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $82.00 to $80.00 in a research note on Tuesday, January 3rd. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. Kilroy Realty Corp currently has an average rating of “Hold” and an average price target of $78.67.

A number of hedge funds have recently made changes to their positions in the company. Solaris Asset Management LLC bought a new stake in shares of Kilroy Realty Corp during the third quarter valued at approximately $116,000. Flinton Capital Management LLC bought a new stake in shares of Kilroy Realty Corp during the fourth quarter valued at approximately $177,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Kilroy Realty Corp during the fourth quarter valued at approximately $185,000. CIBC Asset Management Inc bought a new stake in shares of Kilroy Realty Corp during the third quarter valued at approximately $201,000. Finally, Two Sigma Securities LLC bought a new stake in shares of Kilroy Realty Corp during the third quarter valued at approximately $205,000. Hedge funds and other institutional investors own 99.92% of the company’s stock.

WARNING: This article was published by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States & international copyright legislation. The original version of this article can be read at https://www.dailypolitical.com/2017/04/18/169-05-million-in-sales-expected-for-kilroy-realty-corp-krc-this-quarter.html.

Shares of Kilroy Realty Corp (NYSE:KRC) traded down 0.64% on Friday, reaching $74.59. 303,460 shares of the company were exchanged. Kilroy Realty Corp has a 12 month low of $59.90 and a 12 month high of $78.33. The stock has a market capitalization of $6.95 billion, a P/E ratio of 25.11 and a beta of 0.77. The stock has a 50 day moving average price of $73.41 and a 200-day moving average price of $72.79.

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 12th. Investors of record on Friday, March 31st were given a $0.375 dividend. The ex-dividend date was Wednesday, March 29th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.01%. Kilroy Realty Corp’s dividend payout ratio is 50.34%.

Kilroy Realty Corp Company Profile

Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.

5 Day Chart for NYSE:KRC

Get a free copy of the Zacks research report on Kilroy Realty Corp (KRC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Kilroy Realty Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kilroy Realty Corp and related companies with MarketBeat.com's FREE daily email newsletter.