Kilroy Realty (NYSE:KRC) Updates 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 -.

Analysts Set New Price Targets

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

Kilroy Realty Stock Up 1.0 %

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

Kilroy Realty Dividend Announcement

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

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.