Kilroy Realty Corporation (NYSE:KRC) Receives Average Rating of “Hold” from Brokerages

Kilroy Realty Corporation (NYSE:KRC) has received a consensus recommendation of “Hold” from the fourteen ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $40.9231.

Several equities analysts have recently issued reports on KRC shares. Evercore ISI reduced their price objective on Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating for the company in a research report on Friday, November 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kilroy Realty in a research report on Monday, December 29th. Jefferies Financial Group raised Kilroy Realty from a “hold” rating to a “buy” rating and increased their price target for the stock from $33.00 to $45.00 in a research note on Monday, October 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $35.00 price target on shares of Kilroy Realty in a report on Tuesday, January 6th. Finally, Wells Fargo & Company upped their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th.

Institutional Investors Weigh In On Kilroy Realty

A number of institutional investors have recently added to or reduced their stakes in KRC. American National Bank & Trust acquired a new position in shares of Kilroy Realty during the 2nd quarter valued at $25,000. Quaker Wealth Management LLC boosted its stake in Kilroy Realty by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 755 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,510 shares in the last quarter. 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 valued at $26,000 after buying an additional 309 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in Kilroy Realty during the third quarter worth about $32,000. Finally, Harbor Asset Planning Inc. bought a new stake in Kilroy Realty in the second quarter worth about $34,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Stock Performance

KRC stock opened at $37.71 on Thursday. Kilroy Realty has a 1 year low of $27.07 and a 1 year high of $45.03. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 13.92 and a beta of 1.10. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.56 and a current ratio of 2.56. The stock’s fifty day moving average is $39.92 and its two-hundred day moving average is $40.11.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The business had revenue of $279.74 million for the quarter, compared to analysts’ expectations of $271.24 million. Kilroy Realty had a net margin of 28.68% and a return on equity of 5.75%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 EPS. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. On average, research analysts predict that Kilroy Realty will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 31st were issued a $0.54 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 5.7%. Kilroy Realty’s dividend payout ratio (DPR) is 79.70%.

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.