Real Estate -
REIT - Office - NYSE - US
$ 29.39
-2.03 %
$ 3.47 B
Market Cap
16.6
P/E
1. INTRINSIC VALUE
Balance Sheet
Kilroy Realty Corporation
| Current Assets | 657 M |
| Cash & Short-Term Investments | 194 M |
| Receivables | 463 M |
| Other Current Assets | 0 |
| Non-Current Assets | 355 M |
| Long-Term Investments | 0 |
| PP&E | 129 M |
| Other Non-Current Assets | 226 M |
| Current Liabilities | 563 M |
| Accounts Payable | 285 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 278 M |
| Non-Current Liabilities | 4.73 B |
| Long-Term Debt | 4.73 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Kilroy Realty Corporation
| Revenue | 1.14 B |
| Cost Of Revenue | 352 M |
| Gross Profit | 783 M |
| Operating Expenses | 763 M |
| Operating Income | -2.06 M |
| Other Expenses | -235 M |
| Net Income | 233 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Kilroy Realty Corporation
| Net Income | 233 M |
| Depreciation & Amortization | 351 M |
| Capital Expenditures | -501 M |
| Stock-Based Compensation | 17.7 M |
| Change in Working Capital | -52.1 M |
| Others | -60.4 M |
| Free Cash Flow | 40.2 M |
Wall Street Analysts Price Targets
Kilroy Realty Corporation
Wall Street analysts predict an average 1-year price target for KRC of $38.3 , with forecasts ranging from
a
low of
$34 to a high of $43 .
KRC Lowest Price Target
Wall Street Target
34 USD
15.69%
KRC Average Price Target
Wall Street Target
38.3 USD
30.43%
KRC Highest Price Target
Wall Street Target
43 USD
46.31%
4. DIVIDEND
ANALYSIS
1.35%
DIVIDEND YIELD
0.54 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Kilroy Realty Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Cash COWs: 11 High-Yield REITs
Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-usual yields, making them attractive for income investors. Dividend safety is crucial; Seeking Alpha Premium's Quant Ratings help identify REITs with low risk of dividend cuts, ensuring stable income.
seekingalpha.com
- 2 weeks ago
Kilroy Realty Appears Cheap From Real Estate Valuation Perspective: Analyst
J.P. Morgan analyst Anthony Paolone maintained the Overweight rating on Kilroy Realty Corporation KRC on Tuesday, lowering the price forecast to $42 from $49.
benzinga.com
- 2 weeks ago
Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.
seekingalpha.com
- 1 month ago
Kilroy Realty: Falling Occupancy Likely To Drive FFO Declines Through 2026
Kilroy Realty Corporation's shares have underperformed due to higher interest rates and a challenging office leasing environment, especially in California's tech-heavy markets. Declining occupancy rates and deflationary pressures on rents, particularly in San Francisco, are expected to continue impacting Kilroy's financial performance through 2026. Despite a 6% dividend yield and solid dividend coverage, shrinking cash flow and higher debt costs make Kilroy Realty shares unattractive.
seekingalpha.com
- 2 months ago
Kilroy Realty Corporation (KRC) Q4 2024 Earnings Call Transcript
Kilroy Realty Corporation (NYSE:KRC ) Q4 2024 Earnings Conference Call February 11, 2025 1:00 PM ET Company Participants Doug Bettisworth – Senior Director of Corporate Finance Angela Aman – Chief Executive Officer Eliott Trencher – Executive Vice President, Chief Investment Officer Jeffrey Kuehling – Executive Vice President, Chief Financial Officer and Treasurer Rob Paratte – Executive Vice President, Chief Leasing Officer Conference Call Participants Upal Rana – KeyCorp Steve Sakwa – Evercore ISI Nick Yulico – Scotiabank Jeffrey Spector – Bank of America Jamie Feldman – Wells Fargo Anthony Paolone – JPMorgan Michael Griffin – Citigroup Caitlin Burrows – Goldman Sachs Michael Carroll – RBC Dylan Burzinski – Green Street Advisors Brendan Lynch – Barclays John P. Kim – BMO Operator Good afternoon and welcome to the Kilroy Realty Corporation Fourth Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 2 months ago
Kilroy Realty (KRC) Surpasses Q4 FFO and Revenue Estimates
Kilroy Realty (KRC) came out with quarterly funds from operations (FFO) of $1.20 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to FFO of $1.08 per share a year ago.
zacks.com
- 2 months ago
Kilroy Realty Corporation Reports Fourth Quarter and Full Year Financial Results
LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) (“Kilroy” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2024. “Leasing activity meaningfully accelerated to more than 700,000 square feet in the fourth quarter, underscoring the recovery that we are seeing play out across our West Coast markets,” commented Angela Aman, CEO. “In addition to leasing execution, the team has remained active across all facets of our busine.
businesswire.com
- 2 months ago
Kilroy Realty Announces 2024 Tax Treatment of Its Dividend Distributions
LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today the 2024 tax treatment of its dividend distributions. The company's total dividend distributions per share of common stock (CUSIP #49427F108) are to be classified for income tax purposes as follows: Record Date Payable Date Total Distribution per Share Total Distribution Attributable to 2024 2024 Taxable Ordinary Dividend 2024 Total Qualified Dividend (1) 2024 Total Capital Gain Distribution 2024 Unrec.
businesswire.com
- 2 months ago
The End Of An Era
U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the books on the Biden era, the Trump Administration assumes the reins next week of a U.S. economy that has seemingly "held it together" through a myriad of headwinds. The worst four years of inflation and the first decline in "real" consumer incomes since the late 1970s paradoxically coincided with a robust period of job growth and historically low unemployment.
seekingalpha.com
- 2 months ago
Fire And Ice
US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025.
seekingalpha.com
- 3 months ago
Kilroy Realty: Buy The Dip On This West Coast Gem
Kilroy Realty offers a 5.7% dividend yield with a conservative 49% payout ratio, making it attractive for income investors amid market volatility. Strong fundamentals include rising FFO, revenue growth, robust leasing activity, and strategic acquisitions, supporting long-term growth potential. KRC has an attractive valuation with a forward P/FFO of 8.7, sitting well below historical averages, and presenting potential upside for investors.
seekingalpha.com
- 3 months ago
Kilroy Realty: Office REIT Opportunity For Income
Kilroy Realty Corporation offers a 5.46% forward dividend yield with 27 consecutive years of payments, showcasing its stability and favorable long-term investment potential. KRC's Q3 2024 results were strong, with revenue growth, increased FFO, and positive leasing activity, with increased guidance going forward. Despite uncertainties in the office sector, KRC's strong balance sheet, low price to book ratio, and positive market trends support its growth outlook.
seekingalpha.com
- 3 months ago
8. Profile
Summary
Kilroy Realty Corporation KRC
COUNTRY
US
INDUSTRY
REIT - Office
MARKET CAP
$ 3.47 B
Dividend Yield
1.35%
Description
Kilroy Realty Corporation (NYSE: KRC, the company, KRC) is a leading West Coast landlord and developer, with a major presence in San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. The company has earned global recognition for sustainability, building operations, innovation and design. As pioneers and innovators in the creation of a more sustainable real estate industry, the company's approach to modern business environments helps drive creativity, productivity and employee retention for some of the world's leading technology, entertainment, life science and business services companies. KRC is a publicly traded real estate investment trust (REIT) and member of the S&P MidCap 400 Index with more than seven decades of experience developing, acquiring and managing office and mixed-use projects. As of September 30, 2020, KRC's stabilized portfolio totaled approximately 14.3 million square feet of primarily office and life science space that was 92.2% occupied and 95.5% leased. The company also had 808 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 85.0% and 37.5%, respectively. In addition, KRC had seven in-process development projects with an estimated total investment of $1.9 billion, totaling approximately 2.3 million square feet of office and life science space. The office and life science space was 90% leased.
Contact
12200 West Olympic Boulevard, Los Angeles, CA, 90064
https://www.kilroyrealty.com
IPO
Date
Jan. 29, 1997
Employees
229
Officers
Mr. Justin William Smart
President
Ms. Lauren N. Stadler
Executive Vice President, General Counsel and Secretary
Sherrie Sage Schwartz
Executive Vice President & Chief Human Resources Officer
Mr. Eliott Trencher
EVice President & Chief Investment Officer
Ms. Merryl Elizabeth Werber
Senior Vice President, Controller & Chief Accounting Officer
Mr. Mike Grisso
Senior Vice President of Development & Land Planning
Ms. Heidi Rena Roth CPA
Executive Vice President, Chief Administrative Officer & Secretary
Mr. A. Robert Paratte
Executive Vice President & Chief Leasing Officer
Ms. Angela M. Aman
Chief Executive Officer & Director
Mr. Jeffrey R. Kuehling
Treasurer, Executive Vice President & Chief Financial Officer