Kilroy Realty Corporation (NYSE:KRC) Stock Has Consensus Target Price of $39.47 According to Analysts

Kilroy Realty Corporation (NYSE:KRC) has been assigned an average rating of “Hold” from the sixteen analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $39.47.

A number of equities analysts have recently issued reports on KRC shares. UBS Group set a $44.00 target price on Kilroy Realty in a research note on Tuesday, June 16th. Scotiabank decreased their price target on Kilroy Realty from $41.00 to $39.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 17th. JPMorgan Chase & Co. dropped their price objective on Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Wells Fargo & Company increased their price objective on Kilroy Realty from $33.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 1st. Finally, Barclays raised their target price on Kilroy Realty from $31.00 to $38.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st.

Kilroy Realty Stock Down 0.0%

Shares of NYSE:KRC opened at $34.03 on Tuesday. The company has a market cap of $3.96 billion, a price-to-earnings ratio of 23.97 and a beta of 1.11. The firm’s 50-day simple moving average is $36.90 and its 200-day simple moving average is $34.81. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.83. Kilroy Realty has a fifty-two week low of $27.36 and a fifty-two week high of $43.60.

Kilroy Realty (NYSE:KRC) last posted its quarterly 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 firm had revenue of $272.37 million for the quarter, compared to analysts’ expectations of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The company’s revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.13 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, equities research analysts predict that Kilroy Realty will post 3.59 earnings per share for the current year.

Kilroy Realty Dividend Announcement

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

Insider Activity at Kilroy Realty

In related news, Director Jolie Hunt sold 15,800 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $37.79, for a total value of $597,082.00. Following the completion of the sale, the director 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KRC. BlackRock Inc. acquired a new stake in shares of Kilroy Realty during the 2nd quarter valued at approximately $581,003,000. Norges Bank acquired a new stake in shares of Kilroy Realty in the 4th quarter worth approximately $340,131,000. Rush Island Management LP increased its stake in Kilroy Realty by 84.5% in the 1st quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust’s stock valued at $137,122,000 after purchasing an additional 2,226,821 shares in the last quarter. Route One Investment Company L.P. purchased a new position in Kilroy Realty in the 2nd quarter valued at approximately $159,181,000. Finally, PGGM Investments raised its holdings in Kilroy Realty by 6.0% during the fourth quarter. PGGM Investments now owns 2,628,946 shares of the real estate investment trust’s stock worth $98,244,000 after purchasing an additional 148,376 shares during the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

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.