Kilroy Realty Corporation (NYSE:KRC) Stock Has Average Target Price of $39.47

Kilroy Realty Corporation (NYSE:KRC) has been assigned an average rating of “Hold” from the sixteen analysts that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $39.47.

Several research analysts have weighed in on the stock. Weiss Ratings raised shares of Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 1st. Barclays boosted their price target on shares of Kilroy Realty from $31.00 to $38.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. The Goldman Sachs Group upped their price objective on shares of Kilroy Realty from $28.00 to $31.00 and gave the stock a “sell” rating in a report on Wednesday, July 29th. Wall Street Zen lowered shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Saturday, September 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of Kilroy Realty in a research report on Monday, June 8th.

Kilroy Realty Stock Performance

Kilroy Realty stock opened at $34.27 on Tuesday. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 24.13 and a beta of 1.11. Kilroy Realty has a 1-year low of $27.36 and a 1-year high of $43.60. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65. The firm has a 50 day simple moving average of $36.78 and a 200-day simple moving average of $34.81.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.73). The business had revenue of $272.37 million for the quarter, compared to analyst estimates of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.Kilroy Realty’s revenue was down 6.0% compared to the same quarter last year. During the same period last year, the business earned $1.13 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, analysts expect that Kilroy Realty will post 3.59 EPS for the current year.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Wednesday, September 30th. Kilroy Realty’s dividend payout ratio is 152.11%.

Insider Activity at Kilroy Realty

In other news, Director Jolie Hunt sold 15,800 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the transaction, the director directly owned 13,892 shares in the company, valued at $524,978.68. This trade represents a 53.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.83% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kilroy Realty

Several hedge funds have recently bought and sold shares of KRC. IFP Advisors Inc boosted its stake in shares of Kilroy Realty by 247.7% in the second quarter. IFP Advisors Inc now owns 1,078 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 768 shares during the period. Elevation Wealth Partners LLC grew its holdings in Kilroy Realty by 205.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,463 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 984 shares in the last quarter. Nykredit A S purchased a new stake in shares of Kilroy Realty in the 2nd quarter valued at approximately $57,000. SJS Investment Consulting Inc. increased its position in shares of Kilroy Realty by 128.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 963 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of Kilroy Realty by 52.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,787 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 612 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC) is a real estate investment trust that owns, develops, acquires and manages office, life science and mixed-use properties. Its portfolio is concentrated in high-demand technology and innovation markets, with properties designed to serve businesses in sectors such as technology, media, entertainment and life sciences.

The company’s operations are primarily focused on coastal markets in the western United States, including the San Francisco Bay Area, Greater Los Angeles and San Diego, as well as the Pacific Northwest.