Kilroy Realty Corporation (NYSE:KRC) Receives $38.38 Consensus Price Target from Analysts

Kilroy Realty Corporation (NYSE:KRC) has been given an average rating of “Hold” by the fifteen ratings firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $37.7692.

Several equities research analysts recently issued reports on the company. Scotiabank cut their price objective on Kilroy Realty from $42.00 to $37.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. Wells Fargo & Company upgraded Kilroy Realty from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Royal Bank Of Canada cut their price objective on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. JPMorgan Chase & Co. cut their price objective on Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Finally, Citigroup cut their price objective on Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating on the stock in a report on Thursday, February 12th.

Kilroy Realty Price Performance

NYSE:KRC opened at $33.67 on Friday. Kilroy Realty has a 52 week low of $27.36 and a 52 week high of $45.03. The company has a quick ratio of 2.13, a current ratio of 2.09 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $3.92 billion, a P/E ratio of 18.50 and a beta of 1.14. The stock’s fifty day moving average is $29.94 and its two-hundred day moving average is $35.72.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). The business 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.02 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Equities analysts expect that Kilroy Realty will post 3.56 EPS for the current year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Tuesday, March 31st were issued a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Tuesday, March 31st. Kilroy Realty’s payout ratio is currently 118.68%.

Institutional Investors Weigh In On Kilroy Realty

Several institutional investors and hedge funds have recently modified their holdings of the company. Westside Investment Management Inc. raised its position in Kilroy Realty by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 309 shares in the last quarter. Wiser Advisor Group LLC acquired a new stake in Kilroy Realty in the 3rd quarter valued at about $32,000. Caitong International Asset Management Co. Ltd acquired a new stake in Kilroy Realty in the 3rd quarter valued at about $40,000. Smartleaf Asset Management LLC raised its position in Kilroy Realty by 276.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 979 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 719 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Kilroy Realty by 135.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,001 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 575 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

About Kilroy Realty

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.