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

Kilroy Realty Corporation (NYSE:KRC) has been given an average rating of “Hold” by the fourteen ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $40.9231.

A number of equities research analysts have issued reports on the company. Evercore ISI lowered their price target 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $35.00 target price on shares of Kilroy Realty in a report on Tuesday, January 6th. KeyCorp restated a “sector weight” rating on shares of Kilroy Realty in a report on Thursday, December 4th. New Street Research set a $45.00 price objective on shares of Kilroy Realty in a research report on Monday, October 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Kilroy Realty in a report on Monday, December 29th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC increased its stake in Kilroy Realty by 16.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,991 shares of the real estate investment trust’s stock worth $84,000 after buying an additional 284 shares during the period. Quadrant Capital Group LLC boosted its holdings in Kilroy Realty by 2.8% in the third quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock valued at $460,000 after purchasing an additional 295 shares during the last quarter. State of Michigan Retirement System grew its stake in Kilroy Realty by 1.2% during the 3rd quarter. State of Michigan Retirement System now owns 25,865 shares of the real estate investment trust’s stock valued at $1,093,000 after purchasing an additional 300 shares in the last quarter. Westside Investment Management Inc. increased its holdings in Kilroy Realty by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 309 shares during the last quarter. Finally, DoubleLine ETF Adviser LP raised its position in shares of Kilroy Realty by 6.1% in the 3rd quarter. DoubleLine ETF Adviser LP now owns 6,621 shares of the real estate investment trust’s stock valued at $280,000 after purchasing an additional 381 shares in the last quarter. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Kilroy Realty Trading Down 0.9%

Shares of KRC stock opened at $38.26 on Thursday. The firm’s 50-day simple moving average is $40.22 and its 200-day simple moving average is $40.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.56 and a quick ratio of 2.56. Kilroy Realty has a 1-year low of $27.07 and a 1-year high of $45.03. The firm has a market cap of $4.53 billion, a P/E ratio of 14.12 and a beta of 1.10.

Kilroy Realty (NYSE:KRC) last issued 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 firm had revenue of $279.74 million during the quarter, compared to analyst estimates of $271.24 million. Kilroy Realty had a net margin of 28.68% and a return on equity of 5.75%. Kilroy Realty’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.17 earnings per share. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. As a group, equities analysts forecast that Kilroy Realty will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 31st were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.16 annualized dividend and a yield of 5.6%. Kilroy Realty’s payout ratio is 79.70%.

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.