Kilroy Realty (NYSE:KRC – Free Report) had its price objective increased by Mizuho from $29.00 to $34.00 in a research note issued to investors on Tuesday morning, Marketbeat reports. They currently have an underperform rating on the real estate investment trust’s stock.
Several other equities research analysts have also commented on KRC. Wells Fargo & Company upped their price target on shares of Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Needham & Company LLC reissued a “buy” rating on shares of Kilroy Realty in a report on Monday, June 8th. Scotiabank boosted their target price on shares of Kilroy Realty from $37.00 to $38.00 and gave the company a “sector perform” rating in a research report on Thursday, May 21st. Evercore raised shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 target price for the company in a report on Monday, June 8th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $38.87.
Get Our Latest Stock Report on KRC
Kilroy Realty Price Performance
Kilroy Realty (NYSE:KRC – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.30). The firm had revenue of $270.05 million during the quarter, compared to the consensus estimate of $263.08 million. Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The business’s revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.02 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities analysts predict that Kilroy Realty will post 3.59 earnings per share for the current year.
Kilroy Realty Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Kilroy Realty’s payout ratio is presently 118.68%.
Insider Activity at Kilroy Realty
In other Kilroy Realty news, President Justin William Smart sold 10,848 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total transaction of $419,926.08. Following the sale, the president owned 519,872 shares in the company, valued at approximately $20,124,245.12. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lauren N. Stadler sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total transaction of $103,950.00. Following the sale, the insider owned 15,456 shares in the company, valued at approximately $535,550.40. The trade was a 16.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 29,648 shares of company stock worth $1,120,958. 0.83% of the stock is owned by company insiders.
Hedge Funds Weigh In On Kilroy Realty
A number of hedge funds have recently modified their holdings of KRC. Wiser Advisor Group LLC bought a new stake in shares of Kilroy Realty during the 3rd quarter valued at $32,000. Caitong International Asset Management Co. Ltd bought a new position in Kilroy Realty in the 3rd quarter worth $40,000. Elevation Wealth Partners LLC increased its stake in Kilroy Realty by 205.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,463 shares of the real estate investment trust’s stock worth $55,000 after buying an additional 984 shares in the last quarter. SJS Investment Consulting Inc. increased its stake in Kilroy Realty by 128.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 963 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in Kilroy Realty during the fourth quarter valued at about $65,000. 94.22% of the stock is currently owned by institutional investors.
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.
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