Kilroy Realty Corporation (NYSE:KRC) Receives $39.13 Consensus Target Price from Brokerages

Shares of Kilroy Realty Corporation (NYSE:KRC) have been given a consensus rating of “Hold” by the sixteen brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $39.1333.

Several equities analysts recently issued reports on KRC shares. UBS Group set a $44.00 target price on shares of Kilroy Realty in a research note on Tuesday, June 16th. JPMorgan Chase & Co. cut their price objective on shares of Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. Mizuho upped their price objective on shares of Kilroy Realty from $29.00 to $34.00 and gave the stock an “underperform” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $33.00 target price on shares of Kilroy Realty in a research note on Tuesday, May 12th. Finally, Citigroup raised their target price on Kilroy Realty from $34.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th.

Insider Activity at Kilroy Realty

In other news, President Justin William Smart sold 10,848 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $38.71, for a total value of $419,926.08. Following the completion of the sale, the president directly owned 519,872 shares in the company, valued at $20,124,245.12. The trade was a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jolie A. Hunt sold 15,800 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $37.79, for a total value of $597,082.00. Following the transaction, the director directly owned 13,892 shares of the company’s stock, valued at approximately $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. 0.83% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kilroy Realty

A number of large investors have recently added to or reduced their stakes in KRC. BlackRock Inc. acquired a new stake in shares of Kilroy Realty in the second quarter valued at about $581,003,000. Norges Bank acquired a new position in shares of Kilroy Realty during the 4th quarter worth about $340,131,000. State Street Corp lifted its stake in Kilroy Realty by 1.2% in the 2nd quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock valued at $203,514,000 after buying an additional 67,546 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Kilroy Realty by 23.5% in the 4th quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock valued at $195,396,000 after buying an additional 994,299 shares in the last quarter. Finally, Rush Island Management LP lifted its stake in Kilroy Realty by 84.5% in the 1st quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust’s stock valued at $137,122,000 after buying an additional 2,226,821 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Trading Up 0.2%

Shares of NYSE:KRC opened at $38.03 on Monday. Kilroy Realty has a 12-month low of $27.36 and a 12-month high of $45.03. The company has a market capitalization of $4.42 billion, a PE ratio of 26.78 and a beta of 1.11. The business has a 50 day moving average of $38.24 and a two-hundred day moving average of $34.10. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.83.

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

Kilroy Realty Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.54 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.7%. Kilroy Realty’s dividend payout ratio is currently 152.11%.

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.