Kilroy Realty (NYSE:KRC) Price Target Cut to $37.00 by Analysts at Scotiabank

Kilroy Realty (NYSE:KRC) had its target price trimmed by Scotiabank from $42.00 to $37.00 in a research report released on Monday morning,Benzinga reports. The brokerage currently has a sector perform rating on the real estate investment trust’s stock.

A number of other brokerages have also commented on KRC. Barclays dropped their price target on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Wells Fargo & Company upped their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $35.00 target price on shares of Kilroy Realty in a research report on Tuesday, January 6th. Evercore reduced their price target on shares of Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating on the stock in a research report on Friday, November 14th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Kilroy Realty in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $38.93.

Kilroy Realty Stock Performance

Kilroy Realty stock opened at $29.67 on Monday. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.81. The firm has a market cap of $3.52 billion, a P/E ratio of 12.84 and a beta of 1.10. Kilroy Realty has a 1-year low of $27.07 and a 1-year high of $45.03. The firm has a 50-day moving average of $35.28 and a 200-day moving average of $39.30.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings results 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 business had revenue of $272.19 million for the quarter, compared to the consensus estimate of $270.21 million. During the same period in the previous year, the company earned $1.20 EPS. The company’s revenue for the quarter was down 5.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. Sell-side analysts expect that Kilroy Realty will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Tuesday, March 31st will be given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Kilroy Realty’s dividend payout ratio (DPR) is 93.51%.

Institutional Investors Weigh In On Kilroy Realty

Institutional investors have recently modified their holdings of the stock. Caprock Group LLC bought a new position in shares of Kilroy Realty in the third quarter worth about $1,741,000. Nan Fung Trinity HK Ltd. bought a new position in shares of Kilroy Realty during the 3rd quarter valued at approximately $3,270,000. Allianz Asset Management GmbH grew its stake in shares of Kilroy Realty by 134.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 141,806 shares of the real estate investment trust’s stock valued at $5,991,000 after acquiring an additional 81,292 shares during the period. Federated Hermes Inc. increased its holdings in Kilroy Realty by 6.4% in the 3rd quarter. Federated Hermes Inc. now owns 1,494,985 shares of the real estate investment trust’s stock worth $63,163,000 after acquiring an additional 89,307 shares in the last quarter. Finally, Aaron Wealth Advisors LLC raised its stake in Kilroy Realty by 521.6% during the 3rd quarter. Aaron Wealth Advisors LLC now owns 41,581 shares of the real estate investment trust’s stock worth $1,757,000 after acquiring an additional 34,892 shares during the period. 94.22% of the stock is owned by hedge funds and other institutional investors.

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.