Kilroy Realty (KRC) Set to Announce Earnings on Thursday

Kilroy Realty (NYSE:KRC) will be announcing its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $1.08 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Kilroy Realty Trading Down 1.7 %

Shares of KRC stock opened at $33.80 on Wednesday. Kilroy Realty has a fifty-two week low of $25.99 and a fifty-two week high of $43.37. The stock has a market cap of $3.97 billion, a P/E ratio of 18.78, a P/E/G ratio of 2.46 and a beta of 1.02. The business has a fifty day simple moving average of $35.04 and a 200-day simple moving average of $35.18. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.87.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Friday, March 29th were given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.39%. The ex-dividend date was Wednesday, March 27th. Kilroy Realty’s dividend payout ratio is currently 120.00%.

Analysts Set New Price Targets

KRC has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on Kilroy Realty in a research report on Tuesday, January 30th. They set a “hold” rating and a $40.00 price objective for the company. KeyCorp dropped their price objective on Kilroy Realty from $47.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, February 28th. Barclays initiated coverage on Kilroy Realty in a research report on Wednesday, March 27th. They set an “equal weight” rating and a $38.00 price objective for the company. Finally, Royal Bank of Canada cut Kilroy Realty from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $44.00 to $39.00 in a research report on Friday, March 8th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $39.00.

About Kilroy Realty

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.