Kilroy Realty (NYSE:KRC) Price Target Lowered to $34.00 at Citigroup

Kilroy Realty (NYSE:KRC) had its price target dropped by investment analysts at Citigroup from $42.00 to $34.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Citigroup’s price target points to a potential upside of 12.15% from the company’s current price.

KRC has been the topic of a number of other research reports. BMO Capital Markets restated a “market perform” rating on shares of Kilroy Realty in a report on Wednesday, January 7th. Evercore dropped their target price on Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating for the company in a report on Friday, November 14th. 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 report on Friday, October 17th. Barclays set a $39.00 target price on Kilroy Realty in a report on Tuesday, January 13th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Kilroy Realty in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $40.43.

Kilroy Realty Stock Down 5.9%

Shares of Kilroy Realty stock traded down $1.90 on Thursday, reaching $30.32. 1,518,341 shares of the company were exchanged, compared to its average volume of 1,985,012. Kilroy Realty has a one year low of $27.07 and a one year high of $45.03. The company has a current ratio of 2.13, a quick ratio of 2.56 and a debt-to-equity ratio of 0.81. The company has a 50-day moving average of $37.48 and a 200 day moving average of $39.85. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 13.12 and a beta of 1.10.

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

Institutional Trading of Kilroy Realty

Several large investors have recently made changes to their positions in KRC. Norges Bank purchased a new position in shares of Kilroy Realty during the 4th quarter worth $340,131,000. State Street Corp increased its holdings in Kilroy Realty by 1.2% in the second quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock valued at $203,514,000 after buying an additional 67,546 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Kilroy Realty by 23.5% during the 4th quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock worth $195,396,000 after acquiring an additional 994,299 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Kilroy Realty by 0.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,578,185 shares of the real estate investment trust’s stock valued at $151,178,000 after buying an additional 15,193 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Kilroy Realty by 3.8% during the third quarter. Northern Trust Corp now owns 3,149,816 shares of the real estate investment trust’s stock worth $133,080,000 after purchasing an additional 115,047 shares during the last quarter. 94.22% of the stock is currently owned by hedge funds and other 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.