Kilroy Realty Corporation (NYSE:KRC) Receives Consensus Rating of “Hold” from Brokerages

Kilroy Realty Corporation (NYSE:KRC) has been given an average rating of “Hold” by the thirteen analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $42.0833.

Several equities research analysts have weighed in on the company. Evercore ISI dropped their price objective on Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating for the company in a report on Friday, November 14th. BMO Capital Markets raised Kilroy Realty from an “underperform” rating to a “market perform” rating and raised their price target for the stock from $40.00 to $44.00 in a research note on Tuesday, November 18th. Wells Fargo & Company boosted their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. New Street Research set a $45.00 price objective on shares of Kilroy Realty in a report on Monday, October 13th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Kilroy Realty in a research note on Thursday, December 4th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. American National Bank & Trust purchased a new stake in Kilroy Realty in the second quarter worth $25,000. Quaker Wealth Management LLC boosted its holdings in shares of Kilroy Realty by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 755 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,510 shares in the last quarter. Westside Investment Management Inc. boosted its holdings in shares of Kilroy Realty by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 309 shares in the last quarter. Wiser Advisor Group LLC purchased a new stake in shares of Kilroy Realty in the 3rd quarter worth about $32,000. Finally, Harbor Asset Planning Inc. bought a new position in shares of Kilroy Realty in the 2nd quarter worth about $34,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Trading Up 1.2%

Shares of KRC opened at $38.00 on Friday. The stock has a market capitalization of $4.50 billion, a P/E ratio of 14.02 and a beta of 1.07. Kilroy Realty has a twelve month low of $27.07 and a twelve month high of $45.03. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $41.03 and a two-hundred day simple moving average of $39.64.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.09 EPS for the quarter, beating the consensus estimate of $1.00 by $0.09. The firm had revenue of $279.74 million during the quarter, compared to the consensus estimate of $271.24 million. Kilroy Realty had a net margin of 28.68% and a return on equity of 5.75%. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.17 earnings per share. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. On average, research analysts anticipate that Kilroy Realty will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Wednesday, December 31st. Kilroy Realty’s payout ratio is presently 79.70%.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC) is a publicly traded real estate investment trust focused on the development, acquisition and management of high‐quality office and mixed‐use properties along the U.S. West Coast. The company’s portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit‐oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.

Founded in the mid‐20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.