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

Kilroy Realty Corporation (NYSE:KRC) has received an average recommendation of “Hold” from the thirteen research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $42.0833.

KRC has been the topic of a number of research reports. New Street Research set a $45.00 target price on shares of Kilroy Realty in a research report on Monday, October 13th. KeyCorp restated a “sector weight” rating on shares of Kilroy Realty in a report on Thursday, December 4th. Mizuho upped their target price on Kilroy Realty from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Barclays dropped their price target on Kilroy Realty from $43.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Monday, December 1st. Finally, Wells Fargo & Company lifted their price objective on Kilroy Realty from $40.00 to $41.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th.

Kilroy Realty Stock Up 0.2%

NYSE:KRC opened at $38.56 on Friday. The company has a market cap of $4.56 billion, a price-to-earnings ratio of 14.23 and a beta of 1.07. Kilroy Realty has a twelve month low of $27.07 and a twelve month high of $45.03. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.81. The stock has a fifty day simple moving average of $41.23 and a 200-day simple moving average of $39.57.

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

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 31st will be issued a $0.54 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 5.6%. Kilroy Realty’s payout ratio is currently 79.70%.

Hedge Funds Weigh In On Kilroy Realty

A number of large investors have recently bought and sold shares of KRC. Northern Trust Corp increased its position in Kilroy Realty by 39.5% during the 1st quarter. Northern Trust Corp now owns 2,923,836 shares of the real estate investment trust’s stock valued at $95,785,000 after buying an additional 827,365 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Kilroy Realty during the first quarter valued at about $966,000. Hsbc Holdings PLC raised its position in shares of Kilroy Realty by 9.5% in the 1st quarter. Hsbc Holdings PLC now owns 112,197 shares of the real estate investment trust’s stock valued at $3,676,000 after purchasing an additional 9,754 shares during the last quarter. AlphaQuest LLC raised its position in shares of Kilroy Realty by 366.9% in the 1st quarter. AlphaQuest LLC now owns 25,444 shares of the real estate investment trust’s stock valued at $834,000 after purchasing an additional 19,995 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in Kilroy Realty in the 1st quarter worth approximately $1,118,000. Institutional investors own 94.22% of the company’s stock.

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.