Kilroy Realty (NYSE:KRC) Price Target Cut to $39.00 by Analysts at JPMorgan Chase & Co.
by Renee Jackson · The Cerbat GemKilroy Realty (NYSE:KRC – Get Free Report) had its price objective reduced by analysts at JPMorgan Chase & Co. from $44.00 to $39.00 in a 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 price target points to a potential upside of 35.96% from the company’s previous close.
A number of other equities research analysts have also weighed in on the stock. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the company an “underperform” rating in a report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kilroy Realty in a report on Monday, December 29th. Wells Fargo & Company upgraded shares of Kilroy Realty from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Citigroup decreased their price objective on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. Finally, Royal Bank Of Canada cut their target price on shares of Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $38.38.
Get Our Latest Stock Report on Kilroy Realty
Kilroy Realty Trading Up 1.6%
KRC traded up $0.47 on Monday, reaching $28.69. 2,208,487 shares of the company traded hands, compared to its average volume of 2,192,084. Kilroy Realty has a one year low of $27.36 and a one year high of $45.03. The firm has a fifty day simple moving average of $30.33 and a two-hundred day simple moving average of $36.64. The company has a market cap of $3.40 billion, a P/E ratio of 12.41 and a beta of 1.08. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.81.
Kilroy Realty (NYSE:KRC – Get Free Report) last announced its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.88). Kilroy Realty had a net margin of 24.82% and a return on equity of 4.91%. The company had revenue of $272.19 million for the quarter, compared to the consensus estimate of $270.21 million. During the same quarter in the previous year, the business earned $1.20 EPS. The company’s quarterly revenue was down 5.0% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. As a group, equities research analysts expect that Kilroy Realty will post 4 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in KRC. Norges Bank purchased a new position in Kilroy Realty during the 4th quarter valued at about $340,131,000. M&T Bank Corp increased its position in Kilroy Realty by 34,820.2% during the 4th quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock valued at $103,014,000 after purchasing an additional 2,748,704 shares during the period. Morgan Stanley increased its position in Kilroy Realty by 231.5% during the 4th quarter. Morgan Stanley now owns 2,643,973 shares of the real estate investment trust’s stock valued at $98,805,000 after purchasing an additional 1,846,325 shares during the period. Wellington Management Group LLP purchased a new position in shares of Kilroy Realty in the 3rd quarter worth approximately $58,948,000. Finally, Situational Awareness LP purchased a new position in shares of Kilroy Realty in the 4th quarter worth approximately $49,616,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.
Kilroy Realty Company Profile
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.