Kilroy Realty (NYSE:KRC) Issues FY 2026 Earnings Guidance

Key Points

• Kilroy Realty issued FY 2026 EPS guidance of $3.55–$3.59, broadly in line with the analyst consensus estimate of $3.59.
• The REIT reported quarterly EPS of $0.13, matching expectations, while revenue of $271.6 million exceeded estimates but declined 2.9% year over year.
• Kilroy declared a quarterly dividend of $0.54, equivalent to $2.16 annually and a 6.0% yield. Analysts maintain a consensus “Hold” rating with an average price target of $38.62.

Kilroy Realty (NYSE:KRC - Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 3.550-3.590 for the period, compared to the consensus estimate of 3.590.

Kilroy Realty Price Performance

NYSE:KRC opened at $36.05 on Friday. Kilroy Realty has a 52 week low of $27.36 and a 52 week high of $43.58. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 8.85 and a beta of 1.16. The firm's 50-day simple moving average is $35.16 and its 200 day simple moving average is $35.59. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.65 and a current ratio of 2.65.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its earnings results on Thursday, October 22nd. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.13. Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The firm had revenue of $271.60 million for the quarter, compared to analyst estimates of $268.02 million. During the same quarter in the prior year, the business posted $1.08 EPS. The business's revenue was down 2.9% compared to the same quarter last year. As a group, sell-side analysts predict that Kilroy Realty will post 3.59 earnings per share for the current year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th were given a $0.54 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.0%. Kilroy Realty's dividend payout ratio (DPR) is presently 152.11%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. JPMorgan Chase & Co. dropped their price target on Kilroy Realty from $40.00 to $39.00 and set a "neutral" rating for the company in a research note on Tuesday, July 21st. Weiss Ratings reissued a "hold (c)" rating on shares of Kilroy Realty in a research note on Monday, September 28th. Barclays upped their target price on Kilroy Realty from $31.00 to $38.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 21st. Citigroup upped their price target on Kilroy Realty from $34.00 to $40.00 and gave the stock a "neutral" rating in a research note on Thursday, July 30th. Finally, Scotiabank dropped their price objective on shares of Kilroy Realty from $41.00 to $39.00 and set a "sector perform" rating on the stock in a research note on Thursday, September 17th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $38.62.

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 primarily designed for businesses in technology, life science, entertainment, media and other knowledge-based industries.

The company's properties are concentrated in major innovation and employment centers on the U.S. West Coast, including the San Francisco Bay Area, Los Angeles, San Diego and Seattle. Kilroy has also developed and operated mixed-use projects that combine office space with retail, residential and public amenities.

Founded in 1947, Kilroy Realty has developed into a prominent owner and operator of commercial real estate in coastal U.S.

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