Kilroy Realty (NYSE:KRC) Given New $39.00 Price Target at JPMorgan Chase & Co.

Kilroy Realty (NYSE:KRC) had its price objective decreased by JPMorgan Chase & Co. from $44.00 to $39.00 in a research report report published on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the real estate investment trust’s stock.

KRC has been the topic of a number of other reports. Royal Bank Of Canada lowered their price objective on shares of Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kilroy Realty in a research report on Monday, December 29th. Citigroup lowered their price objective on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Scotiabank lowered their price objective on shares of Kilroy Realty from $42.00 to $37.00 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $35.00 price objective on shares of Kilroy Realty in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $38.38.

Kilroy Realty Stock Performance

Shares of KRC opened at $28.69 on Monday. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.81. The firm has a market cap of $3.34 billion, a PE ratio of 12.42 and a beta of 1.08. The company’s 50 day simple moving average is $30.22 and its 200-day simple moving average is $36.54. Kilroy Realty has a 12-month low of $27.36 and a 12-month high of $45.03.

Kilroy Realty (NYSE:KRC) last announced its earnings results on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.88). The business had revenue of $272.19 million for the quarter, compared to analysts’ expectations of $270.21 million. Kilroy Realty had a return on equity of 4.91% and a net margin of 24.82%.The business’s revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the business posted $1.20 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. As a group, equities analysts predict that Kilroy Realty will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Tuesday, March 31st were issued a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.16 dividend on an annualized basis and a yield of 7.5%. Kilroy Realty’s dividend payout ratio (DPR) is 93.51%.

Institutional Investors Weigh In On Kilroy Realty

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its holdings in Kilroy Realty by 16.6% in the third quarter. GAMMA Investing LLC now owns 1,991 shares of the real estate investment trust’s stock valued at $84,000 after acquiring an additional 284 shares during the period. Quadrant Capital Group LLC lifted 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 acquiring an additional 295 shares during the period. State of Michigan Retirement System lifted its holdings in Kilroy Realty by 1.2% in the third 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 acquiring an additional 300 shares during the period. Westside Investment Management Inc. lifted its holdings in Kilroy Realty by 100.0% in the third quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 309 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in Kilroy Realty by 9.6% in the fourth quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust’s stock valued at $136,000 after acquiring an additional 320 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

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.