Scotiabank Has Lowered Expectations for Kilroy Realty (NYSE:KRC) Stock Price

Key Points

• Scotiabank lowered Kilroy Realty’s price target from $41 to $39 while maintaining a “sector perform” rating, implying approximately 12% upside from the current price. The broader analyst consensus remains “Hold,” with an average target of $39.33.
• KRC shares rose 1.1% to $34.78 in Thursday trading, but remain below the 50-day moving average of $37.48. The stock has traded between $27.36 and $45.03 over the past year.
• Kilroy Realty’s latest quarterly earnings fell short of expectations, reporting $0.17 in EPS versus the $0.90 consensus estimate, while revenue of $272.37 million exceeded forecasts. Revenue declined 6% year over year, and the company issued fiscal 2026 EPS guidance of $3.49–$3.63.

Kilroy Realty (NYSE:KRC - Get Free Report) had its target price reduced by analysts at Scotiabank from $41.00 to $39.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a "sector perform" rating on the real estate investment trust's stock. Scotiabank's price objective would indicate a potential upside of 12.12% from the stock's current price.

Several other equities research analysts have also commented on KRC. Wells Fargo & Company boosted their price target on Kilroy Realty from $33.00 to $38.00 and gave the stock an "equal weight" rating in a research note on Tuesday, September 1st. Bank of America upgraded shares of Kilroy Realty from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $42.00 to $44.00 in a research note on Tuesday, June 16th. Needham & Company LLC reaffirmed a "buy" rating on shares of Kilroy Realty in a research report on Monday, June 8th. Barclays increased their price target on Kilroy Realty from $31.00 to $38.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. reduced their price target on Kilroy Realty from $40.00 to $39.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 21st. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Kilroy Realty has a consensus rating of "Hold" and an average price target of $39.33.

Kilroy Realty Trading Up 1.1%

Shares of KRC traded up $0.36 during midday trading on Thursday, reaching $34.78. The company had a trading volume of 487,271 shares, compared to its average volume of 1,770,485. Kilroy Realty has a 1-year low of $27.36 and a 1-year high of $45.03. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.83. The firm has a 50 day simple moving average of $37.48 and a 200-day simple moving average of $34.64. The stock has a market cap of $4.05 billion, a PE ratio of 24.52 and a beta of 1.11.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.73). The business had revenue of $272.37 million during the quarter, compared to analysts' expectations of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The company's revenue was down 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.13 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Research analysts forecast that Kilroy Realty will post 3.59 EPS for the current fiscal year.

Insider Transactions at Kilroy Realty

In other Kilroy Realty news, Director Jolie Hunt sold 15,800 shares of the firm's stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $37.79, for a total transaction of $597,082.00. Following the transaction, the director owned 13,892 shares of the company's stock, valued at approximately $524,978.68. This trade represents a 53.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.83% of the stock is owned by corporate insiders.

Institutional Trading of Kilroy Realty

Several large investors have recently added to or reduced their stakes in KRC. State of Michigan Retirement System boosted its position in Kilroy Realty by 1.9% during the first quarter. State of Michigan Retirement System now owns 26,265 shares of the real estate investment trust's stock valued at $741,000 after acquiring an additional 500 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in Kilroy Realty by 2.8% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 22,387 shares of the real estate investment trust's stock worth $632,000 after purchasing an additional 600 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of Kilroy Realty by 52.1% during the 4th quarter. Global Retirement Partners LLC now owns 1,787 shares of the real estate investment trust's stock worth $67,000 after buying an additional 612 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Kilroy Realty by 36.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,462 shares of the real estate investment trust's stock worth $92,000 after buying an additional 652 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in shares of Kilroy Realty by 13.2% in the fourth quarter. Hantz Financial Services Inc. now owns 5,960 shares of the real estate investment trust's stock valued at $223,000 after acquiring an additional 694 shares in the last quarter. 94.22% of the stock is owned by institutional investors and hedge funds.

Kilroy Realty Company Profile

Kilroy Realty Corporation NYSE: KRC is a real estate investment trust that owns, develops, acquires and manages office, life science and mixed-use properties. Its portfolio is concentrated in high-demand technology and innovation markets, with properties designed to serve businesses in sectors such as technology, media, entertainment and life sciences.

The company's operations are primarily focused on coastal markets in the western United States, including the San Francisco Bay Area, Greater Los Angeles and San Diego, as well as the Pacific Northwest.

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