Kilroy Realty (NYSE:KRC - Get Free Report) is projected to post its quarterly earnings results before the market opens on Monday, February 3rd. Analysts expect Kilroy Realty to post earnings of $0.31 per share and revenue of $274,990.00 billion for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Kilroy Realty (NYSE:KRC - Get Free Report) last released its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.60). Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The company had revenue of $289.94 million for the quarter, compared to analysts' expectations of $275.77 million. During the same period in the prior year, the firm posted $1.12 EPS. The firm's quarterly revenue was up 2.2% on a year-over-year basis. On average, analysts expect Kilroy Realty to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Kilroy Realty Price Performance
Kilroy Realty stock traded up $0.83 during mid-day trading on Monday, reaching $39.68. The company had a trading volume of 1,005,838 shares, compared to its average volume of 990,934. The stock's 50-day simple moving average is $39.91 and its 200-day simple moving average is $38.26. The company has a market capitalization of $4.68 billion, a P/E ratio of 23.76 and a beta of 1.02. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. Kilroy Realty has a 1 year low of $30.71 and a 1 year high of $43.78.
Kilroy Realty Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 5.44%. The ex-dividend date was Tuesday, December 31st. Kilroy Realty's payout ratio is currently 129.34%.
Insider Activity
In related news, insider Heidi Rena Roth sold 12,000 shares of the stock in a transaction that occurred on 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 owns 50,211 shares of the company's stock, valued at approximately $2,122,921.08. This represents a 19.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.49% of the company's stock.
Wall Street Analysts Forecast Growth
KRC has been the topic of several research reports. Jefferies Financial Group lowered Kilroy Realty from a "buy" rating to a "hold" rating and lowered their target price for the company from $45.00 to $41.00 in a report on Thursday, January 2nd. Mizuho restated a "neutral" rating and set a $43.00 target price (down from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. JPMorgan Chase & Co. raised shares of Kilroy Realty from a "neutral" rating to an "overweight" rating and upped their price target for the company from $45.00 to $49.00 in a report on Friday, December 20th. Barclays dropped their price objective on shares of Kilroy Realty from $44.00 to $43.00 and set an "equal weight" rating for the company in a research note on Monday, January 13th. Finally, Evercore ISI upped their target price on Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $40.80.
Read Our Latest Stock Report on KRC
About Kilroy Realty
(
Get Free Report)
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.
Further Reading
Before you consider Kilroy Realty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kilroy Realty wasn't on the list.
While Kilroy Realty currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
