Kilroy Realty (NYSE:KRC) Releases Quarterly Earnings Results, Beats Expectations By $0.17 EPS

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

Kilroy Realty Stock Down 1.2 %

Shares of NYSE KRC opened at $36.82 on Tuesday. The business has a 50-day moving average price of $39.39 and a 200 day moving average price of $38.45. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock has a market cap of $4.35 billion, a PE ratio of 22.05 and a beta of 1.02. Kilroy Realty has a 52-week low of $30.71 and a 52-week high of $43.78.

Kilroy Realty Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.54 per share. The ex-dividend date was Tuesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 5.87%. Kilroy Realty’s dividend payout ratio is currently 129.34%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Kilroy Realty

In related news, insider Heidi Rena Roth sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total value of $507,360.00. Following the sale, the insider now owns 50,211 shares in the company, valued at $2,122,921.08. This represents a 19.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.49% of the stock is owned by company insiders.

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.