Kilroy Realty Corporation (NYSE:KRC) Stock Has Consensus Target Price of $39.47 According to Analysts

Shares of Kilroy Realty Corporation (NYSE:KRC) have been given an average recommendation of “Hold” by the sixteen research firms that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $39.47.

Several research firms have recently commented on KRC. JPMorgan Chase & Co. decreased their target price on shares of Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. Citigroup lifted their price target on Kilroy Realty from $34.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Wells Fargo & Company boosted their price objective on Kilroy Realty from $33.00 to $38.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 1st. The Goldman Sachs Group raised their target price on Kilroy Realty from $28.00 to $31.00 and gave the company a “sell” rating in a report on Wednesday, July 29th. Finally, Barclays lifted their target price on Kilroy Realty from $31.00 to $38.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st.

Kilroy Realty Price Performance

Shares of KRC opened at $33.91 on Tuesday. The business’s fifty day moving average is $36.67 and its 200 day moving average is $34.88. Kilroy Realty has a 12-month low of $27.36 and a 12-month high of $43.58. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.83. The stock has a market cap of $3.94 billion, a P/E ratio of 23.88 and a beta of 1.11.

Kilroy Realty (NYSE:KRC) last announced 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). Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The business had revenue of $272.37 million for the quarter, compared to the consensus estimate of $267.39 million. During the same quarter last year, the firm posted $1.13 EPS. The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Sell-side analysts anticipate that Kilroy Realty will post 3.59 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.54 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.16 annualized dividend and a yield of 6.4%. Kilroy Realty’s dividend payout ratio (DPR) is 152.11%.

Institutional Trading of Kilroy Realty

Several institutional investors have recently made changes to their positions in the company. Situational Awareness LP bought a new stake in Kilroy Realty in the 4th quarter worth about $49,616,000. Hsbc Holdings PLC lifted its position in shares of Kilroy Realty by 29.1% during the 1st quarter. Hsbc Holdings PLC now owns 258,707 shares of the real estate investment trust’s stock worth $7,303,000 after buying an additional 58,337 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Kilroy Realty by 118.1% in the 1st quarter. Bank of America Corp DE now owns 1,621,580 shares of the real estate investment trust’s stock worth $45,745,000 after buying an additional 877,907 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Kilroy Realty in the 2nd quarter worth approximately $1,568,000. Finally, KBC Group NV grew its holdings in shares of Kilroy Realty by 1,938.6% in the first quarter. KBC Group NV now owns 78,831 shares of the real estate investment trust’s stock valued at $2,224,000 after acquiring an additional 74,964 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC) is a real estate investment trust that owns, develops, acquires and manages office, life science and mixed-use properties. Its portfolio is concentrated in high-demand technology and innovation markets, with properties designed to serve businesses in sectors such as technology, media, entertainment and life sciences.

The company’s operations are primarily focused on coastal markets in the western United States, including the San Francisco Bay Area, Greater Los Angeles and San Diego, as well as the Pacific Northwest.