Brokerages Set Kilroy Realty Corporation (NYSE:KRC) Target Price at $40.92

Shares of Kilroy Realty Corporation (NYSE:KRC) have earned an average rating of “Hold” from the fourteen research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $40.9231.

A number of research firms recently issued reports on KRC. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kilroy Realty in a research note on Monday, December 29th. BMO Capital Markets restated a “market perform” rating on shares of Kilroy Realty in a research report on Wednesday, January 7th. Scotiabank cut their price target on shares of Kilroy Realty from $47.00 to $42.00 and set a “sector perform” rating for the company in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $35.00 price target on shares of Kilroy Realty in a report on Tuesday, January 6th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $44.00 price objective (down previously from $46.00) on shares of Kilroy Realty in a research report on Friday, October 17th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Aberdeen Group plc raised its stake in Kilroy Realty by 4.9% in the fourth quarter. Aberdeen Group plc now owns 546,882 shares of the real estate investment trust’s stock valued at $20,437,000 after purchasing an additional 25,548 shares in the last quarter. HF Advisory Group LLC grew its stake in Kilroy Realty by 22.7% in the 4th quarter. HF Advisory Group LLC now owns 84,929 shares of the real estate investment trust’s stock worth $3,174,000 after buying an additional 15,707 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Kilroy Realty by 38.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 8,367 shares of the real estate investment trust’s stock worth $313,000 after buying an additional 2,312 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Kilroy Realty during the 4th quarter valued at $65,000. Finally, Pensionfund Sabic purchased a new stake in shares of Kilroy Realty during the 4th quarter valued at $206,000. 94.22% of the stock is currently owned by institutional investors.

Kilroy Realty Stock Performance

Shares of KRC stock opened at $37.71 on Thursday. The stock has a market capitalization of $4.46 billion, a P/E ratio of 13.92 and a beta of 1.10. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.81. The firm’s 50 day moving average is $40.01 and its 200 day moving average is $40.05. Kilroy Realty has a 12 month low of $27.07 and a 12 month high of $45.03.

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

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 31st were issued a $0.54 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 5.7%. Kilroy Realty’s dividend payout ratio (DPR) is presently 79.70%.

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.