Kilroy Realty (NYSE:KRC) Price Target Lowered to $37.00 at Scotiabank

Kilroy Realty (NYSE:KRC) had its price target reduced by research analysts at Scotiabank from $42.00 to $37.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price objective suggests a potential upside of 25.25% from the company’s current price.

A number of other research firms also recently weighed in on KRC. Evercore decreased their target price on shares of Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating for the company in a research report on Friday, November 14th. Citigroup lowered their price target on Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Wells Fargo & Company boosted their target price on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the company an “underperform” rating in a research report on Tuesday, February 24th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Kilroy Realty in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $38.93.

Kilroy Realty Trading Down 0.9%

Kilroy Realty stock traded down $0.28 during midday trading on Monday, hitting $29.54. 737,620 shares of the stock were exchanged, compared to its average volume of 2,119,912. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.81. Kilroy Realty has a 52 week low of $27.07 and a 52 week high of $45.03. The company has a fifty day simple moving average of $35.45 and a two-hundred day simple moving average of $39.36. The stock has a market capitalization of $3.50 billion, a PE ratio of 12.79 and a beta of 1.10.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.88). Kilroy Realty had a net margin of 24.82% and a return on equity of 4.91%. The business had revenue of $272.19 million during the quarter, compared to analyst estimates of $270.21 million. During the same period in the previous year, the firm posted $1.20 earnings per share. The firm’s revenue was down 5.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. Equities research analysts anticipate that Kilroy Realty will post 4 EPS for the current fiscal year.

Hedge Funds Weigh In On Kilroy Realty

A number of institutional investors have recently modified their holdings of KRC. Westside Investment Management Inc. grew its stake in Kilroy Realty by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 309 shares during the period. Wiser Advisor Group LLC bought a new stake in shares of Kilroy Realty during the third quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd bought a new stake in Kilroy Realty during the third quarter worth about $40,000. Farther Finance Advisors LLC grew its stake in shares of Kilroy Realty by 135.0% in the third quarter. Farther Finance Advisors LLC now owns 1,001 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 575 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Kilroy Realty by 276.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 979 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 719 shares during the last quarter. 94.22% of the stock is owned by institutional investors and hedge funds.

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.