Kilroy Realty Corporation (KRC)
| Market Cap | 3.83B |
| Revenue (ttm) | 1.13B |
| Net Income (ttm) | 212.24M |
| Shares Out | 117.33M |
| EPS (ttm) | 1.80 |
| PE Ratio | 18.04 |
| Forward PE | 18.38 |
| Dividend | $2.16 (6.61%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 648,899 |
| Open | 32.65 |
| Previous Close | 32.40 |
| Day's Range | 32.32 - 32.99 |
| 52-Week Range | 25.99 - 43.37 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 39.73 (+21.61%) |
| 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]
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 StatementsAnalyst 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 21.61% from the latest price.
News
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.
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...
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...
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 ...
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...
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...
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...
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...
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.
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...
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....
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 $...
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...
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 ...
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.
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...
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...
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.
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...
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...
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 ...
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...
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.
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.