Profile
Sector:
Real EstateIndustry:
OfficeCountry:
United StatesIPO:
29 January 1997Website:
http://www.kilroyrealty.comNext earnings report:
31 July 2024Last dividends:
28 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 18:49:08 GMTAnalysts recommendations
Institutional Ownership
KRC Latest News
In trading on Monday, shares of Kilroy Realty were yielding above the 7% mark based on its quarterly dividend (annualized to $2.16), with the stock changing hands as low as $30.78 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.
Kilroy Realty's stock has dropped 18% this year due to concerns about a lack of interest rate cuts in 2024. The company reported strong leasing figures in the first quarter, but occupancy fell to 84.2%. Kilroy Realty's dividend is safe with coverage of almost 200%.
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 company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET on Friday, May 3, 2024. To participate and obtain conference call dial-in details, register by using the following link: https://www.netroadshow.com/events/login?show=7488a962&confId=58187 This call will.
Kilroy Realty has maintained stable dividend distributions and currently offers a 6.2% yield despite the headwinds faced by office REITs. The REIT's portfolio consists of high-quality Class A properties in West Coast markets, with technology tenants making up 54% of annualized base rent. KRC's fourth-quarter revenue dipped due to higher office vacancy rates, but FFO coverage for the dividend remains strong.
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. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.
Kilroy Realty (KRC) came out with quarterly funds from operations (FFO) of $1.08 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to FFO of $1.17 per share a year ago.
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. The company will hold a conference call to discuss the results at 10:00 a.m. PT / 1:00 p.m. ET on Tuesday, February 6, 2024. To participate and obtain conference call dial-in details, register by using the following link, https://www.netroadshow.com/events/login?show=87605277&confId=57126. Thi.
Kilroy Realty Corporation is a standout office REIT with a high-quality office portfolio, particularly in prime locations like San Diego.
Kilroy Realty (KRC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Kilroy Realty shares have lost over one-third of their value due to concerns about remote working and rental demand in the office sector. The company's Q3 earnings beat expectations, but property costs and interest expenses have increased, offsetting higher revenue. Kilroy's balance sheet is well-structured, but the decline in demand for office space remains a challenge, with declining occupancy and leasing activity likely to reduce cash flow over time.
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What type of business is Kilroy Realty?
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.
What sector is Kilroy Realty in?
Kilroy Realty is in the Real Estate sector
What industry is Kilroy Realty in?
Kilroy Realty is in the Office industry
What country is Kilroy Realty from?
Kilroy Realty is headquartered in United States
When did Kilroy Realty go public?
Kilroy Realty initial public offering (IPO) was on 29 January 1997
What is Kilroy Realty website?
https://www.kilroyrealty.com
Is Kilroy Realty in the S&P 500?
No, Kilroy Realty is not included in the S&P 500 index
Is Kilroy Realty in the NASDAQ 100?
No, Kilroy Realty is not included in the NASDAQ 100 index
Is Kilroy Realty in the Dow Jones?
No, Kilroy Realty is not included in the Dow Jones index
When does Kilroy Realty report earnings?
The next expected earnings date for Kilroy Realty is 31 July 2024