Kilroy Realty Corporation (NYSE:KRC) Receives $37.38 Average PT from Analysts

Kilroy Realty Corporation (NYSE:KRC) has been assigned a consensus recommendation of “Hold” from the seventeen brokerages that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $37.8667.

A number of analysts have recently commented on KRC shares. Mizuho set a $29.00 price target on Kilroy Realty and gave the stock an “underperform” rating in a research report on Tuesday, February 24th. Bank of America raised Kilroy Realty from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $42.00 to $44.00 in a research report on Tuesday. Scotiabank boosted their price target on Kilroy Realty from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. Weiss Ratings cut Kilroy Realty from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 1st. Finally, UBS Group set a $44.00 price target on Kilroy Realty in a research report on Tuesday.

Kilroy Realty Stock Up 1.7%

KRC stock opened at $36.78 on Friday. Kilroy Realty has a fifty-two week low of $27.36 and a fifty-two week high of $45.03. The business’s 50 day moving average price is $33.98 and its two-hundred day moving average price is $34.22. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.09 and a current ratio of 2.09. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 20.21 and a beta of 1.14.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The company had revenue of $270.05 million during the quarter, compared to the consensus estimate of $263.08 million. During the same period in the prior year, the firm earned $1.02 earnings per share. The business’s revenue for the quarter was down .3% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, analysts forecast that Kilroy Realty will post 3.59 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Kilroy Realty’s payout ratio is currently 118.68%.

Insider Activity at Kilroy Realty

In related news, insider Lauren N. Stadler sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total value of $103,950.00. Following the transaction, the insider directly owned 15,456 shares of the company’s stock, valued at approximately $535,550.40. This represents a 16.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Justin William Smart sold 10,848 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total value of $419,926.08. Following the completion of the transaction, the president directly owned 519,872 shares in the company, valued at $20,124,245.12. This trade represents a 2.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.83% of the company’s stock.

Hedge Funds Weigh In On Kilroy Realty

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quadrant Capital Group LLC lifted its position in Kilroy Realty by 2.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock valued at $460,000 after acquiring an additional 295 shares in the last quarter. State of Michigan Retirement System lifted its position in Kilroy Realty by 1.2% in the 3rd quarter. State of Michigan Retirement System now owns 25,865 shares of the real estate investment trust’s stock valued at $1,093,000 after acquiring an additional 300 shares in the last quarter. Parallel Advisors LLC lifted its position in Kilroy Realty by 9.6% in the 4th quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust’s stock valued at $136,000 after acquiring an additional 320 shares in the last quarter. Whittier Trust Co. lifted its position in Kilroy Realty by 4.1% in the 4th quarter. Whittier Trust Co. now owns 9,503 shares of the real estate investment trust’s stock valued at $377,000 after acquiring an additional 375 shares in the last quarter. Finally, DoubleLine ETF Adviser LP lifted its position in Kilroy Realty by 6.1% in the 3rd quarter. DoubleLine ETF Adviser LP now owns 6,621 shares of the real estate investment trust’s stock valued at $280,000 after acquiring an additional 381 shares in the last quarter. 94.22% of the stock is owned by institutional investors.

Kilroy Realty Company Profile

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.