Kilroy Realty Corporation (NYSE:KRC) Receives Average Rating of “Hold” from Brokerages

Shares of Kilroy Realty Corporation (NYSE:KRC) have received a consensus rating of “Hold” from the fifteen research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $38.9286.

KRC has been the topic of a number of analyst reports. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the company an “underperform” rating in a research report on Tuesday, February 24th. Royal Bank Of Canada reduced their price objective on shares of Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday. Wall Street Zen downgraded shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Barclays cut their target price on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Finally, Scotiabank decreased their price target on Kilroy Realty from $42.00 to $37.00 and set a “sector perform” rating for the company in a research note on Monday.

Kilroy Realty Trading Down 0.8%

Shares of KRC stock opened at $30.93 on Friday. The company has a market cap of $3.67 billion, a PE ratio of 13.39 and a beta of 1.10. Kilroy Realty has a 1 year low of $27.07 and a 1 year high of $45.03. The stock’s 50 day simple moving average is $34.86 and its two-hundred day simple moving average is $39.12. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.13 and a quick ratio of 2.13.

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

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Tuesday, March 31st. Kilroy Realty’s dividend payout ratio (DPR) is 93.51%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Kilroy Realty during the 4th quarter valued at about $340,131,000. M&T Bank Corp increased its position in shares of Kilroy Realty by 34,820.2% during the fourth quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock worth $103,014,000 after acquiring an additional 2,748,704 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of Kilroy Realty by 168.6% during the second quarter. Daiwa Securities Group Inc. now owns 3,562,992 shares of the real estate investment trust’s stock valued at $122,246,000 after acquiring an additional 2,236,539 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Kilroy Realty by 231.5% in the fourth quarter. Morgan Stanley now owns 2,643,973 shares of the real estate investment trust’s stock valued at $98,805,000 after purchasing an additional 1,846,325 shares during the period. Finally, Wellington Management Group LLP bought a new position in Kilroy Realty in the third quarter worth approximately $58,948,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

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.