Kilroy Realty (KRC) Stock Overview
A leading U.S. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 0/6 |
| Dividends | 6/6 |
Rewards
Risk Analysis
KRC Community Fair Values
Create NarrativeSee what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Kilroy Realty Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$33.64 |
| 52 Week High | US$45.03 |
| 52 Week Low | US$27.36 |
| Beta | 1.1 |
| 1 Month Change | 18.24% |
| 3 Month Change | -1.90% |
| 1 Year Change | 5.52% |
| 3 Year Change | 19.93% |
| 5 Year Change | -50.10% |
| Change since IPO | 33.23% |
Recent News & Updates
KRC: AI Office Disruption And Tenant Moveouts Will Pressure Future Earnings
Analysts have trimmed the average price target for Kilroy Realty by several dollars, with cuts from multiple firms clustering in the $4 to $8 range, as they factor in office sector headwinds, tenant moveouts, and a shift in preference toward REITs that can grow through acquisitions and higher target development yields. Analyst Commentary Recent research has leaned cautious, with multiple bearish analysts cutting price targets and, in one case, lowering the rating, as they reassess Kilroy Realty's risk and return profile within the office REIT group.
KRC: West Coast Leasing Execution Will Drive Recovery Through 2027
Analyst price targets for Kilroy Realty have edged lower by about $1 to roughly $36, as analysts factor in lower target development yields, continued pressure on office valuations tied to the "AI disruption narrative", and concerns around tenant moveouts and credit risk for a West Coast focused portfolio. Analyst Commentary Recent research on Kilroy Realty has tilted more cautious, with a series of target cuts and at least one downgrade, but there are still a few constructive signals that matter for how you think about valuation, execution, and growth.Recent updates
KRC: AI Office Disruption And Tenant Moveouts Will Pressure Future Earnings
Analysts have trimmed the average price target for Kilroy Realty by several dollars, with cuts from multiple firms clustering in the $4 to $8 range, as they factor in office sector headwinds, tenant moveouts, and a shift in preference toward REITs that can grow through acquisitions and higher target development yields. Analyst Commentary Recent research has leaned cautious, with multiple bearish analysts cutting price targets and, in one case, lowering the rating, as they reassess Kilroy Realty's risk and return profile within the office REIT group.KRC: West Coast Leasing Execution Will Drive Recovery Through 2027
Analyst price targets for Kilroy Realty have edged lower by about $1 to roughly $36, as analysts factor in lower target development yields, continued pressure on office valuations tied to the "AI disruption narrative", and concerns around tenant moveouts and credit risk for a West Coast focused portfolio. Analyst Commentary Recent research on Kilroy Realty has tilted more cautious, with a series of target cuts and at least one downgrade, but there are still a few constructive signals that matter for how you think about valuation, execution, and growth.KRC: West Coast Office Recovery Will Rely On Leasing Execution Through 2027
Analysts have trimmed the Kilroy Realty price target to $37 from $42, reflecting updated Q4 sector work and concerns about office REIT fundamentals, including AI related pressure on valuations, a focus on near term funds from operations per share, and credit risk tied to the company’s software tenant mix and West Coast concentration. Analyst Commentary Recent research on Kilroy Realty points to a more cautious stance across the broker community, with several firms resetting price targets lower and reassessing risk around office exposure, funds from operations and tenant credit quality.KRC: AI Office Disruption And Tenant Moveouts Will Pressure Future FFO
The updated analyst price target for Kilroy Realty has moved lower from $32.00 to $27.00 as analysts factor in sector wide target cuts after Q4 results, continued pressure on office valuations tied to the "AI disruption narrative," and concerns around tenant moveouts and West Coast credit risk, partly offset by adjustments to profit margin and future P/E assumptions. Analyst Commentary Recent Street research around Kilroy Realty has leaned cautious, with several bearish analysts trimming price targets and, in one case, moving to an Underperform stance.
KRC: 2026 Capitalized Interest Roll Off Will Support Cash Flow Rebound
Analysts have trimmed their consolidated price target for Kilroy Realty by a small amount to reflect updated fair value inputs around $52.64 and slightly different assumptions on discount rates, growth, and margins, following a series of recent target cuts from several firms. Analyst Commentary Recent research on Kilroy Realty has leaned cautious overall, but there are still pockets of optimism that focus on execution, valuation, and income visibility into 2026.KRC: 2026 Capitalized Interest Roll Off Will Support Office Cash Flows
Analysts have inched their blended price target for Kilroy Realty higher to about $53 per share, reflecting small model tweaks to fair value, discount rate, revenue growth, profit margin, and future P/E, after a mix of recent target cuts and modest raises across the Street. Analyst Commentary Recent research on Kilroy Realty has been mixed, with some cautious views on office real estate and a few lower price targets, but there are also pockets of optimism you should be aware of.KRC: Capitalized Interest Roll Off In 2026 Will Support Office Cash Flows
Analysts have nudged their price expectations for Kilroy Realty slightly lower, trimming the implied fair value by about US$0.53 to US$52.64 as they factor in updated sector views, modest tweaks to growth and margin assumptions, and a higher forward P/E multiple drawn from recent research. Analyst Commentary Recent Street research on Kilroy Realty has been mixed, but the common thread is that most firms are clustering around neutral ratings with modestly adjusted price targets.KRC: Capitalized Interest Roll Off In 2026 Will Reshape Cash Flows
Narrative update Analysts have nudged their fair value estimate for Kilroy Realty up from about $51.04 to $53.17, reflecting modestly updated views on 2026 cash flow drivers, capitalized interest roll off, and generally steady operating conditions across office REITs. Analyst Commentary Recent Street research on Kilroy Realty has been fairly balanced, with several firms adjusting price targets while keeping neutral or equal weight stances. For you as an investor, the key takeaway is that expectations are being fine tuned around specific 2026 cash flow items rather than broad shifts in sentiment on the business as a whole.Kilroy Realty: Buy This Undervalued 6% Yield
Dec 28KRC: Capitalized Interest Roll Offs Will Pressure Future FFO Performance
Analysts have modestly reduced their fair value estimate for Kilroy Realty by approximately $1 per share to reflect slightly lower long term FFO expectations, following updated modeling of capitalized interest roll offs and generally stable, but not accelerating, REIT sector operating conditions. Analyst Commentary Bearish analysts have recently revisited their models on Kilroy Realty, resulting in modest downward adjustments to both price targets and intermediate term earnings expectations.KRC: West Coast Office Recovery Will Depend On Leasing Execution Through 2027
Analysts have made a modest upward adjustment to their price target for Kilroy Realty, citing slightly improved profit margin expectations and healthier operating conditions across most REITs, even as updated project timelines temper near term funds from operations outlooks. Analyst Commentary Recent research updates present a nuanced view of Kilroy Realty, with modest target changes reflecting a balance between improving fundamentals and lingering execution risks.KRC: West Coast Office Stabilization Will Be Driven By Leasing Execution Through 2027
Analysts have modestly increased their fair value estimate for Kilroy Realty by $0.20 to $42.93. This change reflects recent updates to revenue growth and profit margin assumptions following adjustments to price targets and operating outlooks.KRC: West Coast Office Recovery Will Face Leasing Challenges And Mixed Occupancy Trends
Kilroy Realty’s analyst price target has risen modestly from $42.00 to $42.73. This reflects analysts’ optimism around improving West Coast office demand and steady leasing progress, despite ongoing valuation concerns.Leasing Momentum In San Francisco Will Offset Office Headwinds Across Markets
The analyst price target for Kilroy Realty has shifted slightly lower to $42.00. Analysts cite moderated profit margins and mixed leasing trends, despite some recent improvements in key markets.Persistent Remote Work And Tenant Downsizing Will Undermine Office Assets
Kilroy Realty's analyst price target has increased from $40.93 to $42.13 per share. Analysts cite improving leasing trends in key markets and gradual progress on lease expirations as drivers for the upward revision.Persistent Remote Work And Tenant Downsizing Will Undermine Office Assets
Analysts modestly raised Kilroy Realty’s price target to $40.93 amid improved leasing momentum in San Francisco but remain cautious due to weak broader office demand and limited occupancy gains outside the Bay Area. Analyst Commentary Bullish analysts noted a healthy improvement in the San Francisco Financial District and SoMa, boosting confidence in Kilroy's ability to address remaining lease expirations through 2027.Persistent Remote Work And Tenant Downsizing Will Undermine Office Assets
Analysts raised Kilroy Realty’s price target slightly to $39.47, citing Q2 updates but remaining cautious given declining funds from operations, weak tenant retention, sector headwinds, and a lack of strong near-term catalysts. Analyst Commentary Bearish analysts highlight concerns about declining annual funds from operations (projected 7% drop over three years) due to low office tenant retention and elevated office space availability in Kilroy Realty's key West Coast markets.Kilroy Realty: Falling Occupancy Likely To Drive FFO Declines Through 2026
Feb 13Kilroy Realty Corporation: Buy A Reliable Dividend Payer At Discount
Jan 08Kilroy Realty: A Strong Bullish Run Or A Price Plateau?
Oct 24
Expanding Office And Life Science Spaces Promises Growth, Despite Market Uncertainties And Margin Pressures
Potential revenue growth from increased physical occupancy and diverse industry demand, supported by positive market recovery trends in specific regions.Kilroy Realty's Q2 Earnings: Strong Results, Low Valuations, And Growth Potential
Aug 07Kilroy Realty: Strong Dividend Coverage And Low Multiple To FFO
May 265.4%-Yielding Kilroy Realty: High Risk, High Reward
Jan 02Shareholder Returns
| KRC | US Office REITs | US Market | |
|---|---|---|---|
| 7D | 2.8% | 2.2% | 0.9% |
| 1Y | 5.5% | -9.4% | 28.2% |
Return vs Industry: KRC exceeded the US Office REITs industry which returned -9.4% over the past year.
Return vs Market: KRC underperformed the US Market which returned 28.2% over the past year.
Price Volatility
| KRC volatility | |
|---|---|
| KRC Average Weekly Movement | 5.3% |
| Office REITs Industry Average Movement | 5.1% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: KRC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: KRC's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1947 | 241 | Angela Aman | www.kilroyrealty.com |
Kilroy Realty Corporation is a leading U.S. landlord and developer, with operations in the San Francisco Bay Area, Los Angeles, Seattle, San Diego, and Austin. The Company has earned global recognition for sustainability, building operations, innovation, and design. As a pioneer and innovator in the creation of a more sustainable real estate industry, the Company’s approach to modern business environments helps drive creativity and productivity for some of the world’s leading technology, media, life science, and business services companies.
Kilroy Realty Corporation Fundamentals Summary
| KRC fundamental statistics | |
|---|---|
| Market cap | US$3.95b |
| Earnings (TTM) | US$217.19m |
| Revenue (TTM) | US$1.11b |
18.0x
P/E Ratio3.5x
P/S RatioIs KRC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KRC income statement (TTM) | |
|---|---|
| Revenue | US$1.11b |
| Cost of Revenue | US$374.98m |
| Gross Profit | US$736.90m |
| Other Expenses | US$519.71m |
| Earnings | US$217.19m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.87 |
| Gross Margin | 66.27% |
| Net Profit Margin | 19.53% |
| Debt/Equity Ratio | 83.6% |
How did KRC perform over the long term?
See historical performance and comparisonDividends
6.4%
Current Dividend Yield52%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/04 20:36 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Kilroy Realty Corporation is covered by 38 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rodgers | Baird |
| Brendan Lynch | Barclays |
| null null | BMO Capital Markets Equity Research |