Brokerages Set Kilroy Realty Corporation (NYSE:KRC) Price Target at $37.62

Kilroy Realty Corporation (NYSE:KRC) has received an average recommendation of “Hold” from the fifteen analysts that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $37.6923.

A number of equities research analysts recently issued reports on KRC shares. Wells Fargo & Company raised shares of Kilroy Realty from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Barclays dropped their price objective on shares of Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Citigroup dropped their price objective on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $33.00 price objective on shares of Kilroy Realty in a report on Tuesday, May 12th. Finally, Scotiabank upped their price objective on shares of Kilroy Realty from $37.00 to $38.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st.

Kilroy Realty Price Performance

KRC stock opened at $34.49 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 2.09. The business has a 50 day simple moving average of $31.24 and a 200-day simple moving average of $34.87. The firm has a market capitalization of $4.01 billion, a PE ratio of 18.95 and a beta of 1.14. Kilroy Realty has a 1 year low of $27.36 and a 1 year high of $45.03.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). The company had revenue of $270.05 million during the quarter, compared to analysts’ expectations of $263.08 million. Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. Kilroy Realty’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter last year, the company earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Equities research analysts anticipate that Kilroy Realty will post 3.57 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Tuesday, June 30th will be issued a $0.54 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.3%. Kilroy Realty’s dividend payout ratio is currently 118.68%.

Insider Activity

In related news, insider Lauren N. Stadler sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the sale, the insider owned 15,456 shares of the company’s stock, valued at approximately $535,550.40. This represents a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.83% of the company’s stock.

Institutional Investors Weigh In On Kilroy Realty

Hedge funds have recently modified their holdings of the company. Quadrant Capital Group LLC boosted its stake in Kilroy Realty by 2.8% during the third quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock worth $460,000 after buying an additional 295 shares during the period. State of Michigan Retirement System boosted its stake in Kilroy Realty by 1.2% during the third quarter. State of Michigan Retirement System now owns 25,865 shares of the real estate investment trust’s stock worth $1,093,000 after buying an additional 300 shares during the period. Westside Investment Management Inc. boosted its stake in Kilroy Realty by 100.0% during the third quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 309 shares during the period. Parallel Advisors LLC boosted its stake in Kilroy Realty by 9.6% during the fourth quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust’s stock worth $136,000 after buying an additional 320 shares during the period. Finally, Whittier Trust Co. boosted its stake in Kilroy Realty by 4.1% during the fourth quarter. Whittier Trust Co. now owns 9,503 shares of the real estate investment trust’s stock worth $377,000 after buying an additional 375 shares during the period. 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.