Kilroy Realty Corporation (NYSE:KRC) Stock Has Consensus Price Target of $38.62

Kilroy Realty Corporation (NYSE:KRC) has been assigned an average rating of “Hold” from the fifteen research firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $38.62.

Several brokerages recently issued reports on KRC. Barclays lifted their target price on Kilroy Realty from $31.00 to $38.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. lowered their price target on Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. Mizuho raised their price objective on Kilroy Realty from $29.00 to $34.00 and gave the company an “underperform” rating in a research note on Tuesday, July 21st. Wells Fargo & Company lifted their price objective on shares of Kilroy Realty from $33.00 to $38.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 1st. Finally, Wall Street Zen downgraded shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Saturday, September 12th.

Institutional Trading of Kilroy Realty

Several hedge funds have recently added to or reduced their stakes in the stock. State of Michigan Retirement System grew its position in shares of Kilroy Realty by 1.9% during the 1st quarter. State of Michigan Retirement System now owns 26,265 shares of the real estate investment trust’s stock valued at $741,000 after acquiring an additional 500 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in shares of Kilroy Realty by 2.8% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 22,387 shares of the real estate investment trust’s stock worth $632,000 after purchasing an additional 600 shares during the period. GAMMA Investing LLC raised its holdings in shares of Kilroy Realty by 24.7% in the 3rd quarter. GAMMA Investing LLC now owns 3,070 shares of the real estate investment trust’s stock worth $102,000 after purchasing an additional 608 shares during the period. IFP Advisors Inc raised its holdings in shares of Kilroy Realty by 247.7% in the 2nd quarter. IFP Advisors Inc now owns 1,078 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 768 shares during the period. Finally, SJS Investment Consulting Inc. lifted its stake in Kilroy Realty by 128.1% in the first quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 963 shares during the last quarter. Institutional investors own 94.22% of the company’s stock.

Kilroy Realty Stock Up 0.7%

Shares of NYSE KRC traded up $0.25 during midday trading on Friday, hitting $34.88. 1,202,661 shares of the stock traded hands, compared to its average volume of 1,511,549. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.65 and a current ratio of 2.65. Kilroy Realty has a one year low of $27.36 and a one year high of $43.58. The business has a 50 day moving average price of $35.31 and a two-hundred day moving average price of $35.35. The company has a market cap of $4.06 billion, a PE ratio of 24.56 and a beta of 1.16.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The business had revenue of $272.37 million during the quarter, compared to analyst estimates of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%. The company’s revenue was down 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.13 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities analysts predict that Kilroy Realty will post 3.59 EPS for the current year.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend was Wednesday, September 30th. Kilroy Realty’s payout ratio is 152.11%.

Kilroy Realty Company Profile

Kilroy Realty Corporation (NYSE: KRC) is a real estate investment trust that develops, owns, and operates office, life science, and mixed-use properties. The company focuses on high-quality, amenity-rich workplaces and research facilities designed to serve businesses in technology, life sciences, entertainment, and other knowledge-based industries.

Kilroy’s portfolio is concentrated in major innovation and employment centers on the U.S. West Coast, including the San Francisco Bay Area, Greater Los Angeles, and San Diego.