Citigroup Issues Pessimistic Forecast for Kilroy Realty (NYSE:KRC) Stock Price

Kilroy Realty (NYSE:KRC) had its price objective decreased by stock analysts at Citigroup from $42.00 to $34.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Citigroup’s price target would suggest a potential upside of 7.20% from the company’s previous close.

Other equities analysts have also issued reports about the company. Barclays set a $39.00 target price on Kilroy Realty in a research note on Tuesday, January 13th. Evercore lowered their price target on Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating for the company in a report on Friday, November 14th. Mizuho upped their price objective on shares of Kilroy Realty from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Wells Fargo & Company raised their target price on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $35.00 target price on shares of Kilroy Realty in a report on Tuesday, January 6th. One analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $40.43.

Kilroy Realty Stock Performance

NYSE:KRC opened at $31.72 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.13 and a quick ratio of 2.56. The firm has a market cap of $3.75 billion, a PE ratio of 13.73 and a beta of 1.10. The firm has a 50 day simple moving average of $37.09 and a 200-day simple moving average of $39.75. Kilroy Realty has a 1-year low of $27.07 and a 1-year high of $45.03.

Kilroy Realty (NYSE:KRC) last released its earnings results on Monday, February 9th. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.88). The firm had revenue of $272.19 million during the quarter, compared to analysts’ expectations of $270.21 million. Kilroy Realty had a return on equity of 4.91% and a net margin of 24.82%.The firm’s revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.20 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. On average, equities analysts expect that Kilroy Realty will post 4 EPS for the current year.

Hedge Funds Weigh In On Kilroy Realty

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Nan Fung Trinity HK Ltd. acquired a new stake in Kilroy Realty during the 3rd quarter valued at $3,270,000. Allianz Asset Management GmbH boosted its position in Kilroy Realty by 134.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 141,806 shares of the real estate investment trust’s stock valued at $5,991,000 after buying an additional 81,292 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in Kilroy Realty in the 2nd quarter valued at about $320,000. Federated Hermes Inc. grew its stake in shares of Kilroy Realty by 6.4% during the third quarter. Federated Hermes Inc. now owns 1,494,985 shares of the real estate investment trust’s stock valued at $63,163,000 after acquiring an additional 89,307 shares in the last quarter. Finally, D.A. Davidson & CO. purchased a new stake in shares of Kilroy Realty during the second quarter worth about $269,000. 94.22% of the stock is owned by institutional investors and hedge funds.

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.