Kilroy Realty (NYSE:KRC) Price Target Cut to $39.00 by Analysts at JPMorgan Chase & Co.

Key Points

• JPMorgan cut its price target on Kilroy Realty from $44.00 to $39.00 and kept a "neutral" rating, with the new target implying roughly a 36% upside from the prior close.
• The analyst consensus remains a "Hold" with a consensus price target of $38.38, based on 1 Strong Buy, 2 Buy, 10 Hold and 2 Sell ratings.
• KRC posted a steep quarterly EPS miss ($0.10 vs. $0.98 expected), revenue was down 5% year-over-year, and management set FY2026 guidance of $3.25–$3.45 EPS versus sell-side expectations near $4.00.

Kilroy Realty (NYSE:KRC - Get Free Report) had its price target lowered by analysts at JPMorgan Chase & Co. from $44.00 to $39.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a "neutral" rating on the real estate investment trust's stock. JPMorgan Chase & Co.'s target price points to a potential upside of 35.96% from the stock's previous close.

Several other equities analysts have also commented on KRC. Wells Fargo & Company upgraded shares of Kilroy Realty from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 25th. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the company an "underperform" rating in a research report on Tuesday, February 24th. Royal Bank Of Canada lowered their price objective on shares of Kilroy Realty from $46.00 to $40.00 and set an "outperform" rating for the company in a research report on Monday, March 2nd. BMO Capital Markets reiterated a "market perform" rating on shares of Kilroy Realty in a research report on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $35.00 price objective on shares of Kilroy Realty in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $38.38.

Kilroy Realty Price Performance

KRC traded up $0.47 during trading on Monday, hitting $28.69. 2,208,487 shares of the company traded hands, compared to its average volume of 2,192,084. The company has a market cap of $3.40 billion, a PE ratio of 12.41 and a beta of 1.08. The stock's 50-day simple moving average is $30.33 and its two-hundred day simple moving average is $36.64. Kilroy Realty has a 1 year low of $27.36 and a 1 year high of $45.03. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.81.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its earnings results on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.88). The company had revenue of $272.19 million for the quarter, compared to analysts' expectations of $270.21 million. Kilroy Realty had a net margin of 24.82% and a return on equity of 4.91%. The business's revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.20 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. As a group, sell-side analysts anticipate that Kilroy Realty will post 4 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kilroy Realty

Institutional investors have recently made changes to their positions in the company. Caprock Group LLC bought a new stake in shares of Kilroy Realty in the 3rd quarter worth about $1,741,000. Nan Fung Trinity HK Ltd. bought a new stake in shares of Kilroy Realty in the 3rd quarter worth about $3,270,000. Allianz Asset Management GmbH lifted its holdings in shares of Kilroy Realty by 134.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 141,806 shares of the real estate investment trust's stock worth $5,991,000 after acquiring an additional 81,292 shares during the last quarter. Federated Hermes Inc. lifted its holdings in shares of Kilroy Realty by 6.4% in the 3rd quarter. Federated Hermes Inc. now owns 1,494,985 shares of the real estate investment trust's stock worth $63,163,000 after acquiring an additional 89,307 shares during the last quarter. Finally, Aaron Wealth Advisors LLC lifted its holdings in shares of Kilroy Realty by 521.6% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 41,581 shares of the real estate investment trust's stock worth $1,757,000 after acquiring an additional 34,892 shares during the last quarter. Institutional investors own 94.22% of the company's stock.

About Kilroy Realty

Kilroy Realty Corporation NYSE: KRC is a publicly traded real estate investment trust focused on the development, acquisition and management of high‐quality office and mixed‐use properties along the U.S. West Coast. The company's portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit‐oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.

Founded in the mid‐20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.

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