Kilroy Realty (NYSE:KRC) Price Target Raised to $34.00

Kilroy Realty (NYSE:KRCFree Report) had its price target hoisted by Mizuho from $29.00 to $34.00 in a research note issued to investors on Tuesday, MarketBeat.com reports. Mizuho currently has an underperform rating on the real estate investment trust’s stock.

A number of other equities analysts also recently commented on KRC. Needham & Company LLC restated a “buy” rating on shares of Kilroy Realty in a research note on Monday, June 8th. Weiss Ratings raised Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. Bank of America upgraded Kilroy Realty from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $42.00 to $44.00 in a research report on Tuesday, June 16th. Barclays increased their target price on Kilroy Realty from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $38.87.

View Our Latest Stock Report on Kilroy Realty

Kilroy Realty Price Performance

Shares of NYSE KRC opened at $38.37 on Tuesday. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of 21.08 and a beta of 1.12. Kilroy Realty has a twelve month low of $27.36 and a twelve month high of $45.03. The business has a 50 day simple moving average of $37.21 and a 200-day simple moving average of $34.09.

Kilroy Realty (NYSE:KRCGet Free Report) last announced its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.30). The firm had revenue of $270.05 million for the quarter, compared to the consensus estimate of $263.08 million. Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter last year, the business earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, equities research analysts expect that Kilroy Realty will post 3.59 earnings per share for the current year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were issued a $0.54 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.16 annualized dividend and a dividend yield of 5.6%. Kilroy Realty’s dividend payout ratio is 118.68%.

Insiders Place Their Bets

In related news, insider Lauren N. Stadler sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total transaction of $103,950.00. Following the completion of the sale, the insider directly owned 15,456 shares of the company’s stock, valued at $535,550.40. This represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Justin William Smart sold 10,848 shares of the firm’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 transaction of $419,926.08. Following the sale, the president owned 519,872 shares of the company’s stock, valued at $20,124,245.12. The trade was a 2.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 29,648 shares of company stock worth $1,120,958. 0.83% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Kilroy Realty

A number of institutional investors and hedge funds have recently modified their holdings of KRC. Norges Bank acquired a new position in shares of Kilroy Realty in the 4th quarter worth $340,131,000. State Street Corp lifted its holdings in shares of Kilroy Realty by 1.2% during the second quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock valued at $203,514,000 after purchasing an additional 67,546 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Kilroy Realty by 23.5% during the fourth 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 purchasing an additional 994,299 shares during the last quarter. Rush Island Management LP boosted its position in shares of 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 purchasing an additional 2,226,821 shares during the period. Finally, Daiwa Securities Group Inc. boosted its position in shares of Kilroy Realty by 0.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,578,185 shares of the real estate investment trust’s stock valued at $151,178,000 after purchasing an additional 15,193 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

About Kilroy Realty

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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.

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Analyst Recommendations for Kilroy Realty (NYSE:KRC)

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