Kilroy Realty (NYSE:KRC) Posts Quarterly Earnings Results, Misses Estimates By $0.73 EPS

Kilroy Realty (NYSE:KRC) released its quarterly earnings data on Monday. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.73), Zacks reports. Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The business had revenue of $272.37 million for the quarter, compared to analyst estimates of $267.39 million. During the same period in the prior year, the company posted $1.13 earnings per share. The company’s revenue was down 6.0% compared to the same quarter last year. Kilroy Realty updated its FY 2026 guidance to 3.490-3.630 EPS.

Kilroy Realty Stock Up 0.1%

Shares of NYSE KRC opened at $39.45 on Tuesday. The stock has a market cap of $4.59 billion, a PE ratio of 21.68 and a beta of 1.12. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.84. Kilroy Realty has a 52-week low of $27.36 and a 52-week high of $45.03. The business has a 50-day moving average price of $37.42 and a 200 day moving average price of $34.09.

Kilroy Realty Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Tuesday, June 30th were given a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.5%. Kilroy Realty’s dividend payout ratio is 118.68%.

Insiders Place Their Bets

In other Kilroy Realty news, insider Lauren N. Stadler sold 3,000 shares of the business’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 value of $103,950.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jolie A. Hunt sold 15,800 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $37.79, for a total value of $597,082.00. Following the completion of the sale, the director directly owned 13,892 shares of the company’s stock, valued at $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,648 shares of company stock valued at $1,120,958 over the last quarter. Company insiders own 0.83% of the company’s stock.

Hedge Funds Weigh In On Kilroy Realty

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada boosted its stake in Kilroy Realty by 15.7% during the 1st quarter. Royal Bank of Canada now owns 59,424 shares of the real estate investment trust’s stock worth $1,947,000 after purchasing an additional 8,078 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Kilroy Realty by 40.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,192 shares of the real estate investment trust’s stock valued at $2,037,000 after buying an additional 17,848 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Kilroy Realty by 6.5% in the first quarter. Goldman Sachs Group Inc. now owns 861,043 shares of the real estate investment trust’s stock valued at $28,208,000 after buying an additional 52,333 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Kilroy Realty during the first quarter worth about $229,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Kilroy Realty by 0.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 152,846 shares of the real estate investment trust’s stock worth $5,007,000 after buying an additional 1,320 shares during the period. 94.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on KRC. UBS Group set a $44.00 target price on Kilroy Realty in a research note on Tuesday, June 16th. Needham & Company LLC reiterated a “buy” rating on shares of Kilroy Realty in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $33.00 price objective on shares of Kilroy Realty in a report on Tuesday, May 12th. Wells Fargo & Company boosted their price objective on shares of Kilroy Realty from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Scotiabank upped their target price on shares of Kilroy Realty from $38.00 to $41.00 and gave the company a “sector perform” rating in a report on Tuesday, July 21st. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $38.87.

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.