Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies. At June 30, 2018, the company's stabilized portfolio totaled approximately 13.9 million square feet of office space located in the coastal regions of Los Angeles, Orange County, San Diego, the San Francisco Bay Area and Greater Seattle and 200 residential units located in the Hollywood submarket of Los Angeles. In addition, KRC had three projects under construction totaling approximately 1.0 million square feet of office space, 608 residential units and 120,000 square feet of retail space as well as two projects in the tenant improvement phase totaling approximately 1.2 million square feet of office and PDR space. The office components of the two projects are fully leased to Adobe and Dropbox. The company has been recognized by GRESB as the North American leader in office sustainability for the last four years and is listed in the Dow Jones Sustainability World Index. At the end of the second quarter, the company's stabilized portfolio was 59% LEED certified and 76% of eligible properties were ENERGY STAR certified.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:KRC
CUSIP49427F10
Phone310-481-8400
Debt
Debt-to-Equity Ratio0.69
Current Ratio1.16
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio20.51
Forward P/E Ratio19.54
P/E Growth2.69
Sales & Book Value
Annual Sales$719 million
Price / Sales9.79
Cash Flow$4.0574 per share
Price / Cash17.24
Book Value$40.25 per share
Price / Book1.74
Profitability
EPS (Most Recent Fiscal Year)$3.40
Net Income$164.61 million
Net Margins22.42%
Return on Equity4.12%
Return on Assets2.34%
Miscellaneous
Employees251
Outstanding Shares100,650,000
Market Cap$7.19 billion
Kilroy Realty (NYSE:KRC) Frequently Asked Questions
What is Kilroy Realty's stock symbol?
Kilroy Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRC."
How often does Kilroy Realty pay dividends? What is the dividend yield for Kilroy Realty?
Kilroy Realty announced a quarterly dividend on Thursday, September 6th. Shareholders of record on Friday, September 28th will be paid a dividend of $0.455 per share on Wednesday, October 17th. This represents a $1.82 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Thursday, September 27th. View Kilroy Realty's Dividend History.
How were Kilroy Realty's earnings last quarter?
Kilroy Realty Corp (NYSE:KRC) posted its quarterly earnings results on Wednesday, July, 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.90 by $0.63. The real estate investment trust earned $187.10 million during the quarter, compared to the consensus estimate of $182.30 million. Kilroy Realty had a net margin of 22.42% and a return on equity of 4.12%. The company's revenue was up 3.6% on a year-over-year basis. During the same period last year, the business earned $0.87 earnings per share. View Kilroy Realty's Earnings History.
When is Kilroy Realty's next earnings date?
What guidance has Kilroy Realty issued on next quarter's earnings?
Kilroy Realty updated its FY18 earnings guidance on Wednesday, July, 25th. The company provided earnings per share (EPS) guidance of $3.47-3.57 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.59.
What price target have analysts set for KRC?
7 brokers have issued 1-year price targets for Kilroy Realty's stock. Their predictions range from $75.00 to $83.00. On average, they expect Kilroy Realty's stock price to reach $78.1429 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for Kilroy Realty.
What is the consensus analysts' recommendation for Kilroy Realty?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kilroy Realty in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kilroy Realty.
Are investors shorting Kilroy Realty?
Kilroy Realty saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 4,799,041 shares, an increase of 95.1% from the July 31st total of 2,459,238 shares. Based on an average trading volume of 584,252 shares, the days-to-cover ratio is currently 8.2 days. Currently, 4.9% of the company's shares are sold short. View Kilroy Realty's Current Options Chain.
Who are some of Kilroy Realty's key competitors?
Some companies that are related to Kilroy Realty include AvalonBay Communities (AVB), Weyerhaeuser (WY), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Realty Income (O), Essex Property Trust (ESS), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO) and Alexandria Real Estate Equities (ARE).
Who are Kilroy Realty's key executives?
Kilroy Realty's management team includes the folowing people:
- Mr. John B. Kilroy Jr., Chairman, Pres & CEO (Age 69)
- Mr. Tyler H. Rose, Exec. VP, CFO & Sec. (Age 57)
- Mr. Jeffrey C. Hawken, Exec. VP & COO (Age 59)
- Mr. Stephen Rosetta, Chief Investment Officer & Exec. VP (Age 45)
- Mr. Justin William Smart, Exec. VP of Devel. & Construction Services (Age 58)
Who are Kilroy Realty's major shareholders?
Kilroy Realty's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.65%), Daiwa Securities Group Inc. (3.80%), Centersquare Investment Management LLC (2.79%), Resolution Capital Ltd (1.88%), Bank of New York Mellon Corp (1.64%) and Bank of New York Mellon Corp (1.64%). Company insiders that own Kilroy Realty stock include Heidi Rena Roth, Jeffrey C Hawken, John B Kilroy Jr, Justin William Smart and Tyler H Rose. View Institutional Ownership Trends for Kilroy Realty.
Which major investors are selling Kilroy Realty stock?
KRC stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Heitman Real Estate Securities LLC, AMP Capital Investors Ltd, Cbre Clarion Securities LLC, Morgan Stanley, Commonwealth Bank of Australia, Bank of New York Mellon Corp and Bank of New York Mellon Corp. Company insiders that have sold Kilroy Realty company stock in the last year include Heidi Rena Roth, John B Kilroy Jr and Tyler H Rose. View Insider Buying and Selling for Kilroy Realty.
Which major investors are buying Kilroy Realty stock?
KRC stock was bought by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Macquarie Group Ltd., Millennium Management LLC, Security Capital Research & Management Inc., Schwab Charles Investment Management Inc., SG Americas Securities LLC, BlackRock Inc. and Stevens Capital Management LP. View Insider Buying and Selling for Kilroy Realty.
How do I buy shares of Kilroy Realty?
Shares of KRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Kilroy Realty's stock price today?
One share of KRC stock can currently be purchased for approximately $69.93.
How big of a company is Kilroy Realty?
Kilroy Realty has a market capitalization of $7.19 billion and generates $719 million in revenue each year. The real estate investment trust earns $164.61 million in net income (profit) each year or $3.40 on an earnings per share basis. Kilroy Realty employs 251 workers across the globe.
What is Kilroy Realty's official website?
How can I contact Kilroy Realty?
Kilroy Realty's mailing address is 12200 W. OLYMPIC BLVD. SUITE 200, LOS ANGELES CA, 90064. The real estate investment trust can be reached via phone at 310-481-8400 or via email at [email protected]
MarketBeat Community Rating for Kilroy Realty (NYSE KRC)
MarketBeat's community ratings are surveys of what our community members think about Kilroy Realty and other stocks. Vote "Outperform" if you believe KRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
