Analysts Set Kilroy Realty Corporation (NYSE:KRC) PT at $41.17

Kilroy Realty Corporation (NYSE:KRC) has been given an average recommendation of “Hold” by the thirteen ratings firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $41.1667.

A number of equities analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kilroy Realty in a research note on Wednesday, October 8th. Barclays reaffirmed an “equal weight” rating and set a $43.00 target price on shares of Kilroy Realty in a report on Thursday, September 4th. Mizuho decreased their price target on Kilroy Realty from $43.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, July 14th. Royal Bank Of Canada raised their price objective on shares of Kilroy Realty from $39.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 7th. Finally, Jefferies Financial Group upgraded shares of Kilroy Realty from a “hold” rating to a “buy” rating and boosted their target price for the company from $33.00 to $45.00 in a research note on Monday, October 13th.

Insider Activity

In other news, CAO Merryl Elizabeth Werber sold 6,250 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $38.28, for a total transaction of $239,250.00. Following the sale, the chief accounting officer directly owned 26,435 shares of the company’s stock, valued at $1,011,931.80. This represents a 19.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.49% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of KRC. Cambridge Investment Research Advisors Inc. lifted its position in shares of Kilroy Realty by 23.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,205 shares of the real estate investment trust’s stock valued at $203,000 after acquiring an additional 1,168 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in Kilroy Realty in the 2nd quarter valued at $320,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Kilroy Realty by 0.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 181,434 shares of the real estate investment trust’s stock valued at $6,225,000 after purchasing an additional 1,618 shares in the last quarter. D.A. Davidson & CO. acquired a new stake in Kilroy Realty during the 2nd quarter worth $269,000. Finally, Amundi grew its holdings in shares of Kilroy Realty by 6.1% during the first quarter. Amundi now owns 67,569 shares of the real estate investment trust’s stock worth $2,065,000 after buying an additional 3,897 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Stock Performance

Shares of NYSE KRC opened at $43.44 on Friday. The company has a 50 day simple moving average of $42.09 and a two-hundred day simple moving average of $37.63. The stock has a market cap of $5.14 billion, a price-to-earnings ratio of 16.03 and a beta of 1.22. The company has a current ratio of 2.56, a quick ratio of 2.35 and a debt-to-equity ratio of 0.81. Kilroy Realty has a 12 month low of $27.07 and a 12 month high of $45.03.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The firm had revenue of $279.74 million for the quarter, compared to analyst estimates of $271.24 million. Kilroy Realty had a net margin of 28.68% and a return on equity of 5.75%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.17 earnings per share. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. As a group, analysts predict that Kilroy Realty will post 4 earnings per share for the current year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 30th were issued a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.0%. Kilroy Realty’s payout ratio is presently 79.70%.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.