Kilroy Realty (NYSE:KRC) Releases FY 2025 Earnings Guidance

Key Points

• Kilroy Realty (NYSE:KRC) has issued FY 2025 earnings guidance with EPS expectations ranging from $4.050 to $4.150, surpassing the consensus estimate of $3.960.
• The company's stock has seen a decline of 1.4%, reaching $36.55 during trading, with a current market cap of $4.32 billion.
• Kilroy Realty's quarterly dividend was recently announced at $0.54, resulting in a 5.91% yield and a payout ratio of 128.57%.

Kilroy Realty (NYSE:KRC - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 4.050-4.150 for the period, compared to the consensus earnings per share estimate of 3.960. The company issued revenue guidance of -.

Kilroy Realty Trading Up 0.5%

Shares of KRC stock traded up $0.18 during trading hours on Friday, hitting $37.04. The company had a trading volume of 752,405 shares, compared to its average volume of 1,515,293. The company's fifty day moving average is $35.22 and its 200 day moving average is $34.31. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.35 and a quick ratio of 2.07. Kilroy Realty has a fifty-two week low of $27.07 and a fifty-two week high of $43.78. The stock has a market capitalization of $4.38 billion, a PE ratio of 20.13 and a beta of 1.19.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its earnings results on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.12. Kilroy Realty had a net margin of 19.29% and a return on equity of 3.92%. The company had revenue of $289.89 million for the quarter, compared to analyst estimates of $268.84 million. During the same period in the prior year, the business earned $1.10 EPS. The firm's quarterly revenue was up 3.3% on a year-over-year basis. Research analysts expect that Kilroy Realty will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Monday, June 30th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Monday, June 30th. Kilroy Realty's dividend payout ratio (DPR) is presently 117.39%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on KRC shares. Evercore ISI raised their price objective on shares of Kilroy Realty from $35.00 to $43.00 and gave the stock an "in-line" rating in a research report on Wednesday. Mizuho cut their price objective on shares of Kilroy Realty from $43.00 to $35.00 and set a "neutral" rating for the company in a research report on Monday, July 14th. Scotiabank cut their price objective on shares of Kilroy Realty from $38.00 to $37.00 and set a "sector underperform" rating for the company in a research report on Monday, July 14th. JPMorgan Chase & Co. cut their price objective on shares of Kilroy Realty from $42.00 to $40.00 and set an "overweight" rating for the company in a research report on Wednesday, July 2nd. Finally, Wells Fargo & Company cut their price objective on shares of Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating for the company in a research report on Monday, May 19th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Kilroy Realty currently has an average rating of "Hold" and an average target price of $37.91.

Institutional Trading of Kilroy Realty

A number of institutional investors and hedge funds have recently modified their holdings of KRC. United Services Automobile Association acquired a new stake in shares of Kilroy Realty in the 1st quarter worth about $229,000. Royal Bank of Canada lifted its position in shares of Kilroy Realty by 15.7% in the first quarter. Royal Bank of Canada now owns 59,424 shares of the real estate investment trust's stock worth $1,947,000 after purchasing an additional 8,078 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Kilroy Realty by 40.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,192 shares of the real estate investment trust's stock valued at $2,037,000 after acquiring an additional 17,848 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Kilroy Realty by 0.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 152,846 shares of the real estate investment trust's stock valued at $5,007,000 after acquiring an additional 1,320 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Kilroy Realty by 6.5% in the first quarter. Goldman Sachs Group Inc. now owns 861,043 shares of the real estate investment trust's stock worth $28,208,000 after acquiring an additional 52,333 shares during 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, 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.