Kilroy Realty (KRC) Stock

Friday was a positive day for investors in Kilroy Realty, a commercial real estate company. After an analyst upgraded the stock and raised its price target, Kilroy's shares surged, finishing the trading day over 4% higher.

Kilroy Realty Corporation (NYSE:KRC) will hold its Q3 2024 Results Conference Call on October 29, 2024, at 1:00 PM ET. The call will feature several company executives, including CEO Angela Aman and CFO Jeffrey Kuehling. Various financial analysts from major banks will also participate in the call.

Kilroy Realty Corporation (NYSE: KRC) has announced that it will share its financial results for the third quarter of 2024 after the market closes on Monday, October 28, 2024. A conference call to discuss these results will take place on Tuesday, October 29, 2024, at 10:00 a.m. PT / 1:00 p.m. ET. To join the call and get the dial-in information, please register using this link: https://www.netroadshow.com/events/login?show=f1c41247&confId=58186.

The Q2 earnings report revealed a drop in revenue and funds from operations (FFO) per share, but there was an improvement in liquidity and revised forecasts. Occupancy rates differ in key cities, and strong leasing activity suggests there could be a rise in occupancy and FFO per share. Valuation models indicate that KRC shares may be undervalued, with a possible increase of up to 26.82% even under cautious growth expectations.

Office REITs have faced many risks recently, but the sector seems to be finding stability. Kilroy Realty's stock is still undervalued, even with the difficulties in office space demand, and it is showing improvements in occupancy and leasing activity. With its strong property portfolio, good financial health, and a 6.4% dividend yield, KRC is a promising option for those looking for income and value investments.

Kilroy Realty (KRC) reported quarterly funds from operations (FFO) of $1.10 per share, which is higher than the Zacks Consensus Estimate of $1.08 per share. However, this is lower than the FFO of $1.19 per share from the same period last year.

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.