Brokerages Set Kilroy Realty Corporation (NYSE:KRC) Price Target at $38.93

Kilroy Realty Corporation (NYSE:KRC) has earned an average rating of “Hold” from the fifteen brokerages that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $38.9286.

KRC has been the subject of a number of research reports. Evercore reduced their price objective 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. Wall Street Zen cut Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Wells Fargo & Company upgraded Kilroy Realty from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. Barclays reduced their price target on shares of Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating for the company in a research report on Thursday, February 26th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Kilroy Realty in a report on Wednesday, January 7th.

Kilroy Realty Trading Down 3.6%

NYSE:KRC opened at $29.83 on Friday. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.81. Kilroy Realty has a 12 month low of $27.07 and a 12 month high of $45.03. The company has a market cap of $3.53 billion, a PE ratio of 12.91 and a beta of 1.10. The company has a 50 day simple moving average of $34.69 and a two-hundred day simple moving average of $39.07.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings results 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). The firm had revenue of $272.19 million for the quarter, compared to the consensus estimate of $270.21 million. Kilroy Realty had a net margin of 24.82% and a return on equity of 4.91%. Kilroy Realty’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.20 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. Research analysts forecast that Kilroy Realty will post 4 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Tuesday, March 31st will be given a $0.54 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.16 annualized dividend and a yield of 7.2%. Kilroy Realty’s dividend payout ratio (DPR) is presently 93.51%.

Institutional Investors Weigh In On Kilroy Realty

A number of hedge funds have recently modified their holdings of the business. GAMMA Investing LLC increased its holdings in Kilroy Realty by 16.6% during the third quarter. GAMMA Investing LLC now owns 1,991 shares of the real estate investment trust’s stock valued at $84,000 after buying an additional 284 shares during the period. Quadrant Capital Group LLC lifted its holdings in Kilroy Realty by 2.8% during the third quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock worth $460,000 after buying an additional 295 shares during the period. State of Michigan Retirement System boosted its position 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 acquiring an additional 300 shares in the last quarter. Westside Investment Management Inc. boosted its position 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 valued at $26,000 after acquiring an additional 309 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of Kilroy Realty by 9.6% in the 4th 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 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.