Equities analysts forecast that Kilroy Realty Corp (NYSE:KRC) will post earnings per share of $0.89 for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Kilroy Realty’s earnings. The highest EPS estimate is $0.91 and the lowest is $0.88. Kilroy Realty posted earnings of $0.81 per share in the same quarter last year, which would suggest a positive year over year growth rate of 9.9%. The business is expected to issue its next earnings results on Wednesday, April 25th.
According to Zacks, analysts expect that Kilroy Realty will report full-year earnings of $3.60 per share for the current financial year, with EPS estimates ranging from $3.51 to $3.68. For the next fiscal year, analysts forecast that the firm will post earnings of $3.90 per share, with EPS estimates ranging from $3.69 to $4.09. Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow Kilroy Realty.
Kilroy Realty (NYSE:KRC) last announced its quarterly earnings data on Wednesday, January 31st. The real estate investment trust reported $0.85 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.85. Kilroy Realty had a net margin of 22.90% and a return on equity of 4.22%. The business had revenue of $177.56 million for the quarter, compared to analyst estimates of $176.64 million. During the same period in the prior year, the business posted $0.87 earnings per share. Kilroy Realty’s revenue was up 5.3% compared to the same quarter last year.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Advisor Group Inc. increased its position in shares of Kilroy Realty by 27.8% during the second quarter. Advisor Group Inc. now owns 1,961 shares of the real estate investment trust’s stock worth $147,000 after acquiring an additional 426 shares in the last quarter. Perigon Wealth Management LLC increased its position in shares of Kilroy Realty by 54.5% during the second quarter. Perigon Wealth Management LLC now owns 2,125 shares of the real estate investment trust’s stock worth $161,000 after acquiring an additional 750 shares in the last quarter. Timber Hill LLC bought a new stake in shares of Kilroy Realty during the third quarter worth $215,000. Vident Investment Advisory LLC bought a new stake in shares of Kilroy Realty during the third quarter worth $235,000. Finally, Lourd Capital LLC bought a new stake in shares of Kilroy Realty during the fourth quarter worth $290,000. Institutional investors own 97.74% of the company’s stock.
Shares of Kilroy Realty (NYSE:KRC) traded down $2.22 during midday trading on Monday, reaching $66.68. 701,771 shares of the company traded hands, compared to its average volume of 567,932. Kilroy Realty has a fifty-two week low of $66.31 and a fifty-two week high of $78.33. The firm has a market capitalization of $6,794.94, a price-to-earnings ratio of 44.16, a P/E/G ratio of 2.67 and a beta of 0.69. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.41 and a quick ratio of 1.85.
The company also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were issued a $0.425 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.70 annualized dividend and a yield of 2.55%. Kilroy Realty’s dividend payout ratio (DPR) is presently 112.58%.
Kilroy Realty Company Profile
Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.
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