Analysts Set Kilroy Realty Corporation (NYSE:KRC) Target Price at $38.93

Shares of Kilroy Realty Corporation (NYSE:KRC) have earned an average recommendation of “Hold” from the fifteen ratings firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, ten have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $38.9286.

Several brokerages recently commented on KRC. Wall Street Zen downgraded shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Citigroup reduced their target price on Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. BMO Capital Markets reiterated a “market perform” rating on shares of Kilroy Realty in a report on Wednesday, January 7th. Barclays dropped their price target on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Kilroy Realty in a research note on Monday, December 29th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in KRC. Norges Bank purchased a new position in shares of Kilroy Realty during the 4th quarter valued at $340,131,000. M&T Bank Corp boosted its position in Kilroy Realty by 34,820.2% during the fourth quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock valued at $103,014,000 after purchasing an additional 2,748,704 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in Kilroy Realty by 168.6% during the second quarter. Daiwa Securities Group Inc. now owns 3,562,992 shares of the real estate investment trust’s stock valued at $122,246,000 after purchasing an additional 2,236,539 shares during the last quarter. Morgan Stanley grew its stake in Kilroy Realty by 231.5% in the fourth quarter. Morgan Stanley now owns 2,643,973 shares of the real estate investment trust’s stock valued at $98,805,000 after purchasing an additional 1,846,325 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new position in Kilroy Realty in the 3rd quarter worth about $58,948,000. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Trading Down 0.5%

KRC traded down $0.16 during trading on Friday, reaching $29.16. The company had a trading volume of 65,438 shares, compared to its average volume of 2,124,405. The firm’s 50-day simple moving average is $34.00 and its 200 day simple moving average is $38.78. The company has a market cap of $3.46 billion, a price-to-earnings ratio of 12.66 and a beta of 1.10. Kilroy Realty has a 12-month low of $27.07 and a 12-month high of $45.03. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.13 and a current ratio of 2.13.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.88). Kilroy Realty had a net margin of 24.82% and a return on equity of 4.91%. The firm had revenue of $272.19 million for the quarter, compared to analysts’ expectations of $270.21 million. During the same period in the prior year, the company posted $1.20 earnings per share. Kilroy Realty’s quarterly revenue was down 5.0% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. Equities research analysts anticipate that Kilroy Realty will post 4 earnings per share for the current year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Tuesday, March 31st will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Kilroy Realty’s dividend payout ratio is 93.51%.

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.