Kilroy Realty (NYSE:KRC) Issues FY 2019 Earnings Guidance

Kilroy Realty (NYSE:KRC) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided EPS guidance of $3.82-3.88 for the period.

NYSE:KRC traded up $0.28 during mid-day trading on Wednesday, hitting $79.11. 338,500 shares of the company’s stock were exchanged, compared to its average volume of 522,787. The company has a 50 day simple moving average of $77.64 and a 200-day simple moving average of $76.91. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.76. Kilroy Realty has a fifty-two week low of $59.05 and a fifty-two week high of $80.66. The firm has a market capitalization of $7.98 billion, a P/E ratio of 22.73, a PEG ratio of 2.72 and a beta of 0.76.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Investors of record on Monday, September 30th were given a dividend of $0.485 per share. The ex-dividend date was Friday, September 27th. This represents a $1.94 annualized dividend and a yield of 2.45%. Kilroy Realty’s dividend payout ratio is presently 55.75%.

Several equities research analysts recently commented on KRC shares. Zacks Investment Research upgraded shares of Kilroy Realty from a hold rating to a buy rating and set a $87.00 target price on the stock in a research report on Wednesday, October 16th. ValuEngine downgraded shares of Kilroy Realty from a buy rating to a hold rating in a research report on Thursday, August 1st. Deutsche Bank cut their target price on shares of Kilroy Realty from $89.00 to $86.00 and set a hold rating on the stock in a research report on Thursday, October 10th. BTIG Research set a $89.00 target price on shares of Kilroy Realty and gave the stock a buy rating in a research report on Friday, October 18th. Finally, Robert W. Baird set a $91.00 target price on shares of Kilroy Realty and gave the stock a buy rating in a research report on Wednesday, August 21st. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $83.63.

About Kilroy Realty

Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.

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Earnings History and Estimates for Kilroy Realty (NYSE:KRC)

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