Kilroy Realty Corporation Company Profile (NYSE:KRC)

Kilroy Realty Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "KRC."

Kilroy Realty Corporation declared a quarterly dividend on Wednesday, September 13th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.425 per share on Wednesday, October 18th. This represents a $1.70 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date is Thursday, September 28th. View Kilroy Realty Corporation's Dividend History.

Kilroy Realty Corporation (NYSE:KRC) announced its quarterly earnings data on Wednesday, July, 26th. The company reported $0.87 EPS for the quarter, beating the Zacks' consensus estimate of $0.86 by $0.01. The firm earned $180.60 million during the quarter, compared to analyst estimates of $178.63 million. Kilroy Realty Corporation had a net margin of 21.75% and a return on equity of 4.11%. Kilroy Realty Corporation's quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.86 earnings per share. View Kilroy Realty Corporation's Earnings History.

Kilroy Realty Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Kilroy Realty Corporation.

Kilroy Realty Corporation updated its FY17 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $3.35-$3.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.44.

9 equities research analysts have issued 1-year target prices for Kilroy Realty Corporation's shares. Their predictions range from $70.00 to $82.00. On average, they expect Kilroy Realty Corporation's stock price to reach $77.88 in the next twelve months. View Analyst Ratings for Kilroy Realty Corporation.

Here are some recent quotes from research analysts about Kilroy Realty Corporation stock:

• 1. According to Zacks Investment Research, "Kilroy Realty Corporation owns, operates and develops commercial and industrial properties, primarily in California, Washington, and Arizona. At March 31, 1997, the Company owned 2.0 million square feet of commercial office space and 1.3 million square feet of industrial space. " (9/12/2017)
• 2. Evercore ISI analysts commented, "We are upgrading shares of KRC to In-Line (IL) from Underperform (UP) following the stock's recent decline and underperformance relative to office and the broader REIT sector, and with shares now showing more attractive upside to our PT versus early March when the stock was trading much closer to our $76 PT. Since a competitor conference in early March, where KRC confirmed that it had ended lease negotiations with a prospective large single-user in the life sciences sector for Exchange, shares have declined -6% (-70bp versus office and -420bp versus the RMZ). This decline represents over ~$430mn of equity value loss versus a development project with all-in costs of $485mn that is slated to be completed later this year at an eventual 7.5% to 8% stabilized yield, which implies that the market has essentially 'written off' the entire book value of the asset. We are believers in KRC's dual-track approach of building a pipeline of tech and life sciences tenants for Exchange behind a complex, long-term negotiation with an institutional tenant that also included a minority equity sale and long-term purchase option. In our view, it is likely that we see some leasing announced over the next 6 months which would reduce/remove an overhang on the stock and also free up other projects such as 333 Dexter in Seattle. We also believe that KRC deserves credit for its track record of value creation irrespective of the recent experience at Exchange, particularly at the Flower Mart project which we believe could be monetized for ~$200 per buildable foot today and add ~$2/sh of upside to our NAV estimates (although today we only value the land at book value). Finally, we completed a full rebuild of our earnings projection and NAV models which we are publishing along with this upgrade. We detail our FFO and NAV changes below although they do not change materially, and our unchanged $76 PT implies +9.5% upside from current levels including the +2.4% dividend yield." (3/28/2017)

Some companies that are related to Kilroy Realty Corporation include Alexandria Real Estate Equities (ARE), Federal Realty Investment Trust (FRT), VEREIT (VER), Land Securities Group plc (LAND), Douglas Emmett (DEI), Liberty Property Trust (LPT), British Land Company PLC (BLND), EPR Properties (EPR), Dupont Fabros Technology (DFT), SEGRO plc (SGRO), STORE Capital Corporation (STOR), Biomed Realty Trust (BMR), Hammerson plc (HMSO), Cousins Properties Incorporated (CUZ), PS Business Parks (PSB), Empire State Realty Trust (ESRT), Intu Properties PLC (INTU) and Derwent London Plc (DLN).

Kilroy Realty Corporation's management team includes the folowing people:

• John B. Kilroy Jr., Chairman of the Board, President, Chief Executive Officer
• Tyler H. Rose, Chief Financial Officer, Executive Vice President, Secretary
• Jeffrey C. Hawken, Chief Operating Officer, Executive Vice President
• Steve Rosetta, Executive Vice President, Chief Investment Officer
• Justin Smart, Executive Vice President - Development and Construction Services
• Edward F. Brennan Ph.D., Lead Independent Director
• Jolie A. Hunt, Independent Director
• Scott S. Ingraham, Independent Director
• Gary Stevenson, Independent Director
• Peter B. Stoneberg, Independent Director

Kilroy Realty Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.60%), BlackRock Inc. (11.49%), Daiwa Securities Group Inc. (4.76%), State Street Corp (4.35%), Principal Financial Group Inc. (3.45%) and Brookfield Asset Management Inc. (2.69%). Company insiders that own Kilroy Realty Corporation stock include Jeffrey C Hawken and Justin William Smart. View Institutional Ownership Trends for Kilroy Realty Corporation.

Kilroy Realty Corporation's stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Bank of Montreal Can, Adelante Capital Management LLC, APG Asset Management US Inc., Castle Ridge Investment Management LP, KBC Group NV, Macquarie Group Ltd. and Victory Capital Management Inc.. Company insiders that have sold Kilroy Realty Corporation stock in the last year include Jeffrey C Hawken and Justin William Smart. View Insider Buying and Selling for Kilroy Realty Corporation.

Kilroy Realty Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Standard Life Investments LTD, Vanguard Group Inc., Goldman Sachs Group Inc., Resolution Capital Ltd, Daiwa Securities Group Inc., Citadel Advisors LLC, Brookfield Asset Management Inc. and Sentry Investments Corp.. View Insider Buying and Selling for Kilroy Realty Corporation.

Shares of Kilroy Realty Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Kilroy Realty Corporation stock can currently be purchased for approximately $68.60.