Kilroy Realty (NYSE:KRC) Given New $34.00 Price Target at Citigroup

Kilroy Realty (NYSE:KRC) had its target price trimmed by Citigroup from $42.00 to $34.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the real estate investment trust’s stock.

A number of other research analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $35.00 target price on shares of Kilroy Realty in a research report on Tuesday, January 6th. KeyCorp reissued a “sector weight” rating on shares of Kilroy Realty in a report on Thursday, December 4th. Evercore lowered their target price on Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating on the stock in a research note on Friday, November 14th. Wells Fargo & Company increased their price target on Kilroy Realty from $40.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. Finally, Mizuho lifted their price objective on Kilroy Realty from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. One investment analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $40.43.

Kilroy Realty Stock Performance

KRC opened at $30.31 on Thursday. The company has a current ratio of 2.13, a quick ratio of 2.56 and a debt-to-equity ratio of 0.81. The company’s fifty day moving average price is $37.27 and its two-hundred day moving average price is $39.79. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 13.12 and a beta of 1.10. Kilroy Realty has a 1-year low of $27.07 and a 1-year high of $45.03.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.88). Kilroy Realty had a net margin of 24.82% and a return on equity of 4.91%. The company had revenue of $272.19 million for the quarter, compared to the consensus estimate of $270.21 million. During the same quarter last year, the business posted $1.20 earnings per share. Kilroy Realty’s revenue was down 5.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. On average, analysts expect that Kilroy Realty will post 4 EPS for the current fiscal 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 paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Kilroy Realty’s dividend payout ratio is 93.51%.

Institutional Trading of Kilroy Realty

A number of institutional investors have recently modified their holdings of KRC. Quaker Wealth Management LLC lifted its holdings in Kilroy Realty by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 755 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 1,510 shares during the period. Westside Investment Management Inc. raised its position in shares of Kilroy Realty by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 309 shares in the last quarter. Wiser Advisor Group LLC purchased a new position in shares of Kilroy Realty in the 3rd quarter valued at approximately $32,000. Harbor Asset Planning Inc. bought a new stake in shares of Kilroy Realty during the second quarter valued at approximately $34,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Kilroy Realty in the third quarter worth $40,000. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

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.