Kilroy Realty (NYSE:KRC) Issues Earnings Results, Beats Estimates By $0.17 EPS

Kilroy Realty (NYSE:KRC - Get Free Report) posted its quarterly earnings data on Monday. The real estate investment trust reported $1.20 EPS for the quarter, topping 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 Up 1.1 %

Shares of KRC stock traded up $0.39 during trading hours on Thursday, hitting $35.41. The company had a trading volume of 1,420,657 shares, compared to its average volume of 1,406,840. The stock has a market capitalization of $4.18 billion, a PE ratio of 21.20 and a beta of 1.02. Kilroy Realty has a fifty-two week low of $30.71 and a fifty-two week high of $43.78. The company's fifty day moving average is $39.10 and its 200 day moving average is $38.44. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors 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 dividend on an annualized basis and a yield of 6.10%. Kilroy Realty's payout ratio is 129.34%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on KRC. Jefferies Financial Group cut Kilroy Realty from a "buy" rating to a "hold" rating and lowered their target price for the stock from $45.00 to $41.00 in a research note on Thursday, January 2nd. Barclays dropped their price target on Kilroy Realty from $43.00 to $42.00 and set an "equal weight" rating for the company in a research note on Monday, February 3rd. Mizuho reiterated a "neutral" rating and set a $43.00 price target (down from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. Evercore ISI dropped their price objective on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating for the company in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised shares of Kilroy Realty from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $45.00 to $49.00 in a research report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $41.20.

Insider Activity

In related news, insider Heidi Rena Roth sold 12,000 shares of the business'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 transaction of $507,360.00. Following the transaction, the insider now directly owns 50,211 shares of the company's stock, valued at approximately $2,122,921.08. The trade was a 19.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.49% of the company's stock.

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.