Kilroy Realty Corporation (KRC)

NYSE: KRC · IEX Real-Time Price · USD
34.42
-0.33 (-0.95%)
At close: May 17, 2024, 4:00 PM
34.80
+0.38 (1.10%)
After-hours: May 17, 2024, 7:56 PM EDT
-0.95%
Market Cap 4.04B
Revenue (ttm) 1.12B
Net Income (ttm) 205.55M
Shares Out 117.37M
EPS (ttm) 1.74
PE Ratio 19.78
Forward PE 20.29
Dividend $2.16 (6.28%)
Ex-Dividend Date Mar 27, 2024
Volume 420,990
Open 34.85
Previous Close 34.75
Day's Range 34.35 - 35.06
52-Week Range 26.12 - 43.37
Beta 1.03
Analysts Buy
Price Target 39.73 (+15.43%)
Earnings Date May 2, 2024

About KRC

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. As a pioneer and innovator in the creation of a more sustainable real estate industry, the company's approach to modern business environments helps drive creativity and productivity for some of the world's leading technology, entert... [Read more]

Industry REIT - Office
Sector Real Estate
IPO Date Jan 28, 1997
Employees 248
Stock Exchange NYSE
Ticker Symbol KRC
Full Company Profile

Financial Performance

In 2023, Kilroy Realty's revenue was $1.13 billion, an increase of 2.98% compared to the previous year's $1.10 billion. Earnings were $212.24 million, a decrease of -8.76%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for KRC stock is "Buy." The 12-month stock price forecast is $39.73, which is an increase of 15.43% from the latest price.

Price Target
$39.73
(15.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Kilroy Realty Corporation Reports First Quarter Financial Results

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its first quarter ended March 31, 2024. First Quarter Highlights Financial Results Revenues of ...

16 days ago - Business Wire

Big Tech layoffs aren't helping commercial real estate demand, says Evercore's Steve Sakwa

Steve Sakwa, senior equity research analyst at Evercore ISI, on what's next for commercial real estate, the impact of increasing return-to-office mandates, and more.

Other symbols: BXPESRTSLGVNO
4 weeks ago - CNBC Television

Kilroy Realty Publishes Thirteenth Annual Sustainability Report, Achieves Fourth Year of Carbon Neutral Operations

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") recently published its thirteenth annual Sustainability Report, building on the company's longstanding track record of sus...

5 weeks ago - Business Wire

Kilroy Realty Announces Dates for First Quarter 2024 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release first quarter 2024 financial results after the market closes on Thursday, May 2, 2024. The...

6 weeks ago - Business Wire

Kilroy Realty Recasts Its $1.1 Billion Sustainability-Linked Unsecured Revolving Credit Facility

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) (the “Company”), today announced that its operating partnership, Kilroy Realty, L.P. (the “Borrower”), has closed on an amended and ...

2 months ago - Business Wire

Kilroy Realty to Participate in Citi's 2024 Global Property CEO Conference

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, the “company”, "Kilroy") announced today that Angela M. Aman, Chief Executive Officer, and other members of the Company's senior man...

2 months ago - Business Wire

Kilroy Realty Declares Quarterly Dividend

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today that its Board of Directors declared a regular quarterly cash dividend of $0.54 per common share payable o...

2 months ago - Business Wire

Kilroy Realty Passes Through 6% Yield Mark

In trading on Tuesday, shares of Kilroy Realty were yielding above the 6% mark based on its quarterly dividend (annualized to $2.16), with the stock changing hands as low as $35.45 on the day. Dividen...

3 months ago - Forbes

Kilroy Realty Corporation Reports Fourth Quarter Financial Results

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter and Full Year Highligh...

3 months ago - Business Wire

Landlord debt is rallying — even in the battered office sector

Debt issued by publicly traded commercial real-estate investment trusts (REITs) has been in rally mode to start 2024, even in the battered office sector.

Other symbols: BXP
4 months ago - Market Watch

Kilroy Realty Announces 2023 Tax Treatment of Its Dividend Distributions

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today the 2023 tax treatment of its dividend distributions. The company's total dividend distributions per share...

4 months ago - Business Wire

Kilroy Realty Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release fourth quarter 2023 financial results after the market closes on Monday, February 5, 2024....

4 months ago - Business Wire

Kilroy Realty, L.P. Prices $400 Million of 6.250% Senior Notes Due 2036

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) (the “Company”) today announced that its operating partnership, Kilroy Realty, L.P., has priced an underwritten public offering of $...

4 months ago - Business Wire

Kilroy Announces Leadership Transition

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy" or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Angela M. Aman as Chief Executive...

5 months ago - Business Wire

Kilroy Realty Continues Strong Fourth Quarter Leasing Momentum

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, “Kilroy”) today announced that it has signed approximately 520,000 square feet of new or renewing leases quarter to date, including ...

5 months ago - Business Wire

Bond market reflects jitters about wall of maturing office REIT debt

U.S. bonds have been reflecting growing unease about a wall of debt coming due for select owners of office buildings.

Other symbols: AREBXPHPPVNO
6 months ago - Market Watch

Kilroy Realty Corporation Reports Third Quarter Financial Results

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its third quarter ended September 30, 2023. Third Quarter Highlights Financial Results Revenues...

7 months ago - Business Wire

Kilroy Realty Announces Dates for Third Quarter 2023 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release third quarter 2023 financial results after the market closes on Wednesday, October 25, 202...

8 months ago - Business Wire

Best office REIT stocks to buy as a golden cross forms

Office Real Estate Investment Trust (REIT) companies are facing numerous challenges this year. Interest rates have jumped to a 22-year high, lowering their appeal among income investors.

Other symbols: BXPVNO
8 months ago - Invezz

Kilroy Realty to Participate in the Bank of America 2023 Global Real Estate Conference

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, the "company", "Kilroy") announced today that members of the Company's senior management will participate in a roundtable discussion...

9 months ago - Business Wire

Kilroy Realty Corporation Reports Second Quarter Financial Results

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its second quarter ended June 30, 2023. Second Quarter Highlights Financial Results Revenues gr...

10 months ago - Business Wire

Kilroy Realty Obtains $375 Million Secured Loan

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, “Kilroy” or the "Company") announced today that it has obtained an eleven-year, non-recourse secured loan for $375 million provided ...

10 months ago - Business Wire

Kilroy Realty Announces Dates for Second Quarter 2023 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release second quarter 2023 financial results after the market closes on Monday, July 31, 2023. Th...

11 months ago - Business Wire

Acore Capital's Warren De Haan say he's finding opportunities in multifamily real estate

Warren De Haan, Acore Capital co-CEO, joins 'The Exchange' to discuss lender strength and where to find opportunity in credit and commercial real estate.

Other symbols: BXPCBREKIMPLDSLG
1 year ago - CNBC Television

This Stock Has A 8.03% Yield And Sells For Less Than Book

Kilroy Realty has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report.

1 year ago - Forbes