Kilroy Realty (NYSE:KRC) Price Target Raised to $40.00

Kilroy Realty (NYSE:KRC) had its price objective raised by Citigroup from $34.00 to $40.00 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.

KRC has been the topic of several other reports. Mizuho boosted their target price on Kilroy Realty from $29.00 to $34.00 and gave the stock an “underperform” rating in a report on Tuesday, July 21st. Scotiabank raised their price target on Kilroy Realty from $38.00 to $41.00 and gave the company a “sector perform” rating in a report on Tuesday, July 21st. BMO Capital Markets lifted their price target on Kilroy Realty from $34.00 to $38.00 and gave the stock a “market perform” rating in a research report on Monday, June 15th. Needham & Company LLC reiterated a “buy” rating on shares of Kilroy Realty in a research note on Monday, June 8th. Finally, Barclays upped their price target on shares of Kilroy Realty from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $39.13.

Kilroy Realty Price Performance

KRC stock opened at $38.82 on Thursday. The firm has a 50 day moving average price of $37.83 and a 200-day moving average price of $34.12. Kilroy Realty has a 52-week low of $27.36 and a 52-week high of $45.03. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 27.34 and a beta of 1.12. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.09 and a current ratio of 2.65.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The company had revenue of $272.37 million during the quarter, compared to the consensus estimate of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.13 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Equities research analysts forecast that Kilroy Realty will post 3.58 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.6%. The ex-dividend date was Tuesday, June 30th. Kilroy Realty’s dividend payout ratio (DPR) is currently 152.11%.

Insider Buying and Selling at Kilroy Realty

In other news, President Justin William Smart sold 10,848 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $38.71, for a total transaction of $419,926.08. Following the transaction, the president directly owned 519,872 shares of the company’s stock, valued at $20,124,245.12. This represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Lauren N. Stadler sold 3,000 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total value of $103,950.00. Following the sale, the insider directly owned 15,456 shares in the company, valued at $535,550.40. This trade represents a 16.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 29,648 shares of company stock worth $1,120,958. Insiders own 0.83% of the company’s stock.

Institutional Investors Weigh In On Kilroy Realty

Several institutional investors and hedge funds have recently added to or reduced their stakes in KRC. Wiser Advisor Group LLC purchased a new stake in Kilroy Realty during the third quarter valued at $32,000. Caitong International Asset Management Co. Ltd purchased a new position in Kilroy Realty in the third quarter worth about $40,000. SJS Investment Consulting Inc. boosted its position in Kilroy Realty by 128.1% in the first quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 963 shares during the last quarter. Elevation Wealth Partners LLC grew its stake in shares of Kilroy Realty by 205.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 984 shares during the period. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Kilroy Realty during the 4th quarter valued at about $65,000. 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.