Kilroy Realty (NYSE:KRC) Updates FY 2024 Earnings Guidance

Kilroy Realty (NYSE:KRC) updated its FY 2024 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.150-4.300 for the period, compared to the consensus estimate of 4.210. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on KRC shares. Deutsche Bank Aktiengesellschaft began coverage on shares of Kilroy Realty in a report on Tuesday, January 30th. They issued a hold rating and a $40.00 price objective on the stock. KeyCorp cut their price objective on shares of Kilroy Realty from $47.00 to $45.00 and set an overweight rating for the company in a research report on Wednesday, February 28th. Royal Bank of Canada cut Kilroy Realty from an outperform rating to a sector perform rating and decreased their target price for the stock from $44.00 to $39.00 in a report on Friday, March 8th. Finally, Barclays began coverage on Kilroy Realty in a research report on Wednesday, March 27th. They issued an equal weight rating and a $38.00 price target for the company. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of Hold and an average target price of $39.00.

Kilroy Realty Stock Up 3.2 %

NYSE KRC opened at $34.27 on Friday. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.87. Kilroy Realty has a 12 month low of $25.99 and a 12 month high of $43.37. The stock’s 50 day moving average is $34.93 and its 200 day moving average is $35.16. The stock has a market cap of $4.02 billion, a PE ratio of 19.04, a P/E/G ratio of 2.47 and a beta of 1.02.

Kilroy Realty Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Friday, March 29th were given a dividend of $0.54 per share. The ex-dividend date was Wednesday, March 27th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.30%. Kilroy Realty’s dividend payout ratio is 120.00%.

Kilroy Realty Company Profile

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.