Kilroy Realty (NYSE:KRC) Releases FY 2024 Earnings Guidance

Kilroy Realty (NYSE:KRC) updated its FY 2024 earnings guidance on Friday. The company provided earnings per share guidance of 4.150-4.300 for the period, compared to the consensus earnings per share estimate of 4.210. The company issued revenue guidance of -.

Kilroy Realty Stock Up 1.0 %

Shares of NYSE KRC traded up $0.34 during midday trading on Monday, reaching $34.27. The company’s stock had a trading volume of 1,017,111 shares, compared to its average volume of 1,091,605. Kilroy Realty has a fifty-two week low of $25.99 and a fifty-two week high of $43.37. The stock has a 50 day simple moving average of $34.89 and a 200-day simple moving average of $35.25. The stock has a market capitalization of $4.02 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 2.52 and a beta of 1.02. The company has a current ratio of 3.30, a quick ratio of 2.65 and a debt-to-equity ratio of 0.91.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Friday, March 29th were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $2.16 annualized dividend and a yield of 6.30%. Kilroy Realty’s dividend payout ratio (DPR) is presently 124.14%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Barclays assumed coverage on Kilroy Realty in a research note on Wednesday, March 27th. They set an equal weight rating and a $38.00 price objective on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Kilroy Realty in a research note on Tuesday, January 30th. They issued a hold rating and a $40.00 price target for the company. Royal Bank of Canada cut shares of Kilroy Realty from an outperform rating to a sector perform rating and dropped their target price for the company from $44.00 to $39.00 in a report on Friday, March 8th. Finally, KeyCorp cut their price objective on Kilroy Realty from $47.00 to $45.00 and set an overweight rating for the company in a research report on Wednesday, February 28th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Kilroy Realty currently has an average rating of Hold and an average price target of $39.00.

Kilroy Realty Company Profile

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.