Kilroy Realty Corporation (NYSE:KRC) Given Consensus Rating of “Hold” by Analysts

Shares of Kilroy Realty Corporation (NYSE:KRC) have received an average rating of “Hold” from the seventeen analysts that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $39.1333.

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group increased their target price on shares of Kilroy Realty from $28.00 to $31.00 and gave the stock a “sell” rating in a report on Wednesday. Citigroup increased their price target on Kilroy Realty from $34.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday. Bank of America raised Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their price target for the company from $42.00 to $44.00 in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $33.00 price objective on shares of Kilroy Realty in a research report on Tuesday, May 12th. Finally, Evercore upgraded Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 price target for the company in a research note on Monday, June 8th.

Insiders Place Their Bets

In other news, President Justin William Smart sold 10,848 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total transaction of $419,926.08. Following the completion of the transaction, the president directly owned 519,872 shares in the company, valued at approximately $20,124,245.12. This represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jolie A. Hunt sold 15,800 shares of Kilroy Realty stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $37.79, for a total value of $597,082.00. Following the sale, the director directly owned 13,892 shares in the company, valued at $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,648 shares of company stock worth $1,120,958 in the last quarter. 0.83% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kilroy Realty

Several institutional investors have recently made changes to their positions in KRC. Norges Bank purchased a new stake in shares of Kilroy Realty in the fourth quarter worth about $340,131,000. M&T Bank Corp lifted its stake in Kilroy Realty by 34,820.2% in 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 purchasing an additional 2,748,704 shares during the last quarter. Rush Island Management LP grew its holdings in shares of Kilroy Realty by 84.5% in the first quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust’s stock worth $137,122,000 after purchasing an additional 2,226,821 shares during the last quarter. Morgan Stanley increased its position 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 acquiring an additional 1,846,325 shares during the period. Finally, Wellington Management Group LLP purchased a new position in Kilroy Realty during the 3rd quarter valued at about $58,948,000. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Price Performance

Kilroy Realty stock opened at $38.82 on Monday. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $4.52 billion, a P/E ratio of 27.34 and a beta of 1.11. The business has a 50-day moving average of $37.83 and a 200-day moving average of $34.09. Kilroy Realty has a 1 year low of $27.36 and a 1 year high of $45.03.

Kilroy Realty (NYSE:KRC) last announced its quarterly 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). Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The firm had revenue of $272.37 million during the quarter, compared to analyst estimates of $267.39 million. During the same quarter in the prior year, the business earned $1.13 earnings per share. The business’s revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities analysts anticipate that Kilroy Realty will post 3.58 EPS for the current year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.54 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.6%. Kilroy Realty’s dividend payout ratio (DPR) is 152.11%.

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.