Kilroy Realty (NYSE:KRC – Get Free Report) had its price target cut by equities research analysts at Scotiabank from $42.00 to $37.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price objective would suggest a potential upside of 23.33% from the stock’s current price.
A number of other research firms have also weighed in on KRC. Citigroup dropped 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 note on Thursday, February 12th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Kilroy Realty in a research report on Wednesday, January 7th. Evercore cut their price target on Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating for the company in a research note on Friday, November 14th. Wall Street Zen downgraded Kilroy Realty from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Finally, Mizuho set a $29.00 target price on Kilroy Realty and gave the company an “underperform” rating in a report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $38.93.
Check Out Our Latest Stock Analysis on KRC
Kilroy Realty Stock Up 1.1%
Kilroy Realty (NYSE:KRC – Get Free Report) last released its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.10 EPS 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 firm had revenue of $272.19 million for the quarter, compared to the consensus estimate of $270.21 million. During the same quarter in the prior year, the firm earned $1.20 EPS. The company’s revenue was down 5.0% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. On average, research analysts expect that Kilroy Realty will post 4 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Kilroy Realty during the 4th quarter valued at $340,131,000. State Street Corp increased its holdings in Kilroy Realty by 1.2% during the second quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock worth $203,514,000 after buying an additional 67,546 shares during the last quarter. Principal Financial Group Inc. raised its position in Kilroy Realty by 23.5% in the fourth quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock worth $195,396,000 after acquiring an additional 994,299 shares during the period. Daiwa Securities Group Inc. raised its position in Kilroy Realty by 0.4% in the third quarter. Daiwa Securities Group Inc. now owns 3,578,185 shares of the real estate investment trust’s stock worth $151,178,000 after acquiring an additional 15,193 shares during the period. Finally, Northern Trust Corp boosted its stake in Kilroy Realty by 3.8% in the third quarter. Northern Trust Corp now owns 3,149,816 shares of the real estate investment trust’s stock valued at $133,080,000 after acquiring an additional 115,047 shares during the last quarter. Hedge funds and other 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.
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