Kilroy Realty (KRC) Stock Price, News & Analysis

Company Overview

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. As a pioneer and innovator in the creation of a more sustainable real estate industry, the company's approach to modern business environments helps drive creativity and productivity for some of the world's leading technology, entertainment, life science and business services companies. The company is a publicly traded real estate investment trust (REIT) and member of the S&P MidCap 400 Index with more than seven decades of experience developing, acquiring and managing office, life science and mixed-use projects. As of December 31, 2023, Kilroy's stabilized portfolio totaled approximately 17.0 million square feet of primarily office and life science space that was 85.0% occupied and 86.4% leased. The company also had approximately 1,000 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 92.5%. In addition, the company had two in-process life science redevelopment projects totaling approximately 100,000 square feet with total estimated redevelopment costs of $80.0 million and one approximately 875,000 square foot in-process development project with a total estimated investment of $1.0 billion.

Key Stats

• Today's Range: $39.01 to $39.82
• 50-Day Range: $35.18 to $43.58
• 52-Week Range: $29.72 to $43.78
• Volume: 86,727 shs
• Average Volume: 1.05 million shs
• Market Capitalization: $4.69 billion
• P/E Ratio: 23.77
• Dividend Yield: 5.44%
• Price Target: $39.43
• Consensus Rating: Hold

Kilroy Realty Stock Analysis - MarketRank™

Kilroy Realty scored higher than 63% of companies evaluated by MarketBeat, and ranked 465th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Kilroy Realty has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Kilroy Realty has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -4.99%

Earnings Growth

Earnings for Kilroy Realty are expected to decrease by -4.99% in the coming year, from $4.41 to $4.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kilroy Realty is 23.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kilroy Realty is 23.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.38.

Price to Book Value per Share Ratio

Kilroy Realty has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.55% of the float of Kilroy Realty has been sold short.

Short Interest Ratio / Days to Cover

Kilroy Realty has a short interest ratio ("days to cover") of 7.

Change versus previous month

Short interest in Kilroy Realty has recently increased by 37.70%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Kilroy Realty is a leading dividend payer. It pays a dividend yield of 5.61%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Kilroy Realty does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kilroy Realty is 129.34%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Kilroy Realty will have a dividend payout ratio of 51.55% next year. This indicates that Kilroy Realty will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.7 / 5
• Environmental Score: -2.03

Percentage of Shares Shorted

6.55% of the float of Kilroy Realty has been sold short.

Short Interest Ratio / Days to Cover

Kilroy Realty has a short interest ratio ("days to cover") of 7.

Change versus previous month

Short interest in Kilroy Realty has recently increased by 37.70%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.10

News Sentiment

Kilroy Realty has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Kilroy Realty this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for KRC on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Kilroy Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Kilroy Realty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $222,540.00 in company stock.

Percentage Held by Insiders

Only 2.49% of the stock of Kilroy Realty is held by insiders.

Percentage Held by Institutions

94.22% of the stock of Kilroy Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KRC Stock Analysis - Frequently Asked Questions

How have KRC shares performed this year?

Kilroy Realty's stock was trading at $39.84 on January 1st, 2024. Since then, KRC stock has decreased by 0.4% and is now trading at $39.70.
View the best growth stocks for 2024 here.

How were Kilroy Realty's earnings last quarter?

Kilroy Realty Co. (NYSE:KRC) posted its earnings results on Monday, October, 28th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $1.04 by $0.60. The company's revenue for the quarter was up 2.2% on a year-over-year basis.

Who are Kilroy Realty's major shareholders?

Top institutional shareholders of Kilroy Realty include State Street Corp (4.79%), Principal Financial Group Inc. (3.96%), Charles Schwab Investment Management Inc. (1.84%) and Geode Capital Management LLC (1.74%). Insiders that own company stock include A Robert Paratte, Heidi Rena Roth, Merryl Elizabeth Werber and John Osmond.
View institutional ownership trends.

How do I buy shares of Kilroy Realty?

Shares of KRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kilroy Realty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kilroy Realty investors own include Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), Netflix (NFLX) and Intel (INTC).

Company Calendar

• Ex-Dividend for 10/9 Dividend: 9/30/2024
• Dividend Payable: 10/09/2024
• Last Earnings: 10/28/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Office REITs
• Current Symbol: NYSE:KRC
• CUSIP: 49427F10
• CIK: 1025996
• Web: www.kilroyrealty.com
• Phone: (310) 481-8400
• Fax: 310-481-6501
• Employees: 260
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $39.43
• High Stock Price Target: $44.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: -0.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.67
• Trailing P/E Ratio: 23.77
• Forward P/E Ratio: 9.00
• P/E Growth: N/A
• Net Income: $212.24 million
• Net Margins: 17.78%
• Pretax Margin: 19.76%
• Return on Equity: 3.53%
• Return on Assets: 1.73%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 3.08
• Quick Ratio: 3.08

Sales & Book Value

• Annual Sales: $1.13 billion
• Price / Sales: 4.15
• Cash Flow: $5.14 per share
• Price / Cash Flow: 7.73
• Book Value: $47.51 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 118,050,000
• Free Float: 115,108,000
• Market Cap: $4.69 billion
• Optionable: Optionable
• Beta: 1.03