Kilroy Realty (NYSE:KRC) Announces Quarterly Earnings Results

Kilroy Realty (NYSE:KRC) released its quarterly earnings results on Monday. The real estate investment trust reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17, Zacks reports. Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. Kilroy Realty updated its FY 2025 guidance to 3.850-4.050 EPS.

Kilroy Realty Trading Down 2.7 %

KRC opened at $35.78 on Wednesday. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The company has a fifty day moving average price of $39.30 and a two-hundred day moving average price of $38.47. The company has a market cap of $4.22 billion, a P/E ratio of 21.42 and a beta of 1.02. Kilroy Realty has a 1-year low of $30.71 and a 1-year high of $43.78.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 6.04%. The ex-dividend date was Tuesday, December 31st. Kilroy Realty’s dividend payout ratio (DPR) is currently 129.34%.

Analyst Ratings Changes

A number of analysts have weighed in on KRC shares. Royal Bank of Canada reissued a “sector perform” rating and set a $44.00 target price on shares of Kilroy Realty in a research report on Monday. Scotiabank cut shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price objective for the company. in a research report on Thursday, November 14th. Mizuho restated a “neutral” rating and issued a $43.00 target price (down previously from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $45.00 to $49.00 in a report on Friday, December 20th. Finally, Jefferies Financial Group lowered shares of Kilroy Realty from a “buy” rating to a “hold” rating and dropped their target price for the company from $45.00 to $41.00 in a report on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $41.20.

Insider Transactions at Kilroy Realty

In other news, insider Heidi Rena Roth sold 12,000 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the sale, the insider now directly owns 50,211 shares of the company’s stock, valued at $2,122,921.08. The trade was a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.49% of the stock is currently owned by insiders.

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.