Kilroy Realty (KRC) Scheduled to Post Quarterly Earnings on Monday

Kilroy Realty (NYSE:KRCGet Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $1.04 per share for the quarter. Kilroy Realty has set its FY 2024 guidance at 4.210-4.310 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

Kilroy Realty (NYSE:KRCGet Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.67). The business had revenue of $280.73 million for the quarter, compared to analyst estimates of $276.81 million. Kilroy Realty had a return on equity of 3.52% and a net margin of 17.91%. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.19 EPS. On average, analysts expect Kilroy Realty to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Kilroy Realty Trading Up 1.8 %

Shares of KRC stock opened at $43.56 on Monday. Kilroy Realty has a fifty-two week low of $26.78 and a fifty-two week high of $43.78. The company has a 50 day moving average price of $37.10 and a 200 day moving average price of $34.73. The stock has a market capitalization of $5.11 billion, a P/E ratio of 25.03 and a beta of 1.04. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.61 and a current ratio of 3.61.

Kilroy Realty Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th were paid a $0.54 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $2.16 annualized dividend and a dividend yield of 4.96%. Kilroy Realty’s dividend payout ratio (DPR) is 124.14%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Scotiabank decreased their target price on Kilroy Realty from $41.00 to $38.00 and set a “sector perform” rating for the company in a report on Wednesday, August 7th. KeyCorp lowered their price objective on Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. Evercore ISI raised their target price on shares of Kilroy Realty from $38.00 to $40.00 and gave the company an “in-line” rating in a report on Monday, September 16th. Finally, Wells Fargo & Company dropped their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 11th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $38.43.

Check Out Our Latest Stock Analysis on Kilroy Realty

Insider Buying and Selling at Kilroy Realty

In related news, EVP John Osmond sold 2,628 shares of the stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total value of $105,120.00. Following the transaction, the executive vice president now directly owns 8,818 shares of the company’s stock, valued at $352,720. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, EVP John Osmond sold 2,628 shares of the company’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $40.00, for a total value of $105,120.00. Following the completion of the sale, the executive vice president now directly owns 8,818 shares of the company’s stock, valued at $352,720. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of Kilroy Realty stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $39.14, for a total value of $117,420.00. Following the transaction, the chief accounting officer now directly owns 26,401 shares in the company, valued at approximately $1,033,335.14. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by insiders.

Kilroy Realty Company Profile

(Get Free Report)

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.

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Earnings History for Kilroy Realty (NYSE:KRC)

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