The stock of Kilroy Realty Corporation (NYSE:KRC) increased by $0.17 on Friday to finish at $36.76, up 0.46 percent. The last five days have seen an average of 938,760 shares of common stock traded. 7 times new highs were reached in the current year, with a fall of -$1.91. The average number of shares traded over the last 20 days was 1,095,025, while the average volume over the last 50 days totaled 1,174,432.
KRC stock appreciated 9.44% since last month. On 07/13/23, the company’s shares reached a one-month low of $32.55. The stock touched a high of $54.22 on 02/02/23, after rallying from a low of $25.99 in 52 weeks. The price of KRC stock has declined by -4.94% or -$1.91 this year, reaching a new high 7 times. Still, the stock price is down -32.20% from the 52-week high.
Valuation Metrics
Kilroy Realty Corporation (KRC) has a trailing price-to-earnings (P/E) ratio of 17.72. Beta for the stock is 0.92. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.77, the price-to-book (PB) ratio of 0.79, and the price-to-cash flow ratio of 67.52.
Company paid $0.54 per share in dividends, remained unchanged from $0.54 last year. A $0.02 dividend increase was reported on Thursday September 8 2022.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.81, and the total debt to equity ratio is 0.81. As far as profitability goes, gross margin for the trailing twelve months is 70.50% percent. Kilroy Realty Corporation’s operating margin stood at 30.30% for the same period. Based on annual data, it had gross profit of $324.68 million and revenue of $1.1 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. KRC’s return on assets (ROA) during the last 12 months has been 2.20%. There was a 3.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 4.50%.
Earnings Surprise
According to Kilroy Realty Corporation’s quarterly financial report for the quarter that ended June 29, it had $240.14 million in total debt versus $25.79 million in cash and short-term investments. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $284.28 million, while revenues rose by 4.61% to $292.8 million. It was predicted that Kilroy Realty Corporation’s quarterly earnings would be $0.47, but it ended up being $0.36, beating the consensus by 30.60%. EBITDA was $177.05 million for the quarter. At the end of Kilroy Realty Corporation’s most recent quarter ended June 29, its total debt was $4.54 billion. Equity owned by shareholders amounts to $117.18 million.
Technical Picture
Here’s a quick look at Kilroy Realty Corporation’s (KRC) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 62.29%, suggesting the stock is Neutral, with a 31.53% historical volatility rate.
The stochastic %K and %D were 65.03% and 72.30% respectively, while the average true range (ATR) was 1.21. Based on the 14-day stochastic reading of 68.07%, the RSI (14) reading is 63.71%. On the 9-day MACD Oscillator, the stock is at 0.08, and the 14-day reading is at 0.61.
Analyst Ratings
Kilroy Realty Corporation (NYSE: KRC) was downgraded by BofA Securities to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Kilroy Realty Corporation (KRC) an Overweight rating. KRC is a stock that is recommended for selling by 0 brokerage firms, while 8 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 6 others recommend it as a buy.
What is KRC’s price target for the next 12 months?
The current consensus forecast for the stock is between $34.00 and $48.00, with a median target price of $39.00. In analyzing these forecasts, the average price target given by analysts for Kilroy Realty Corporation (KRC) is $40.00.
