Kilroy Realty Stock (NYSE:KRC)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$35.18

52W Range

$26.78 - $43.37

50D Avg

$34.61

200D Avg

$35.27

Market Cap

$4.30B

Avg Vol (3M)

$926.83K

Beta

1.05

Div Yield

$2.16 (5.90%)

KRC Company Profile


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.

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Industry

REIT - Office

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

248

IPO Date

Jan 29, 1997

Website

KRC Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 19Dec 18
Rental$826.47M$656.63M
Tenant Reimbursements-$80.98M
Real Estate, Other$10.98M$9.69M

Fiscal year ends in Dec 23 | Currency in USD

KRC Financial Summary


Dec 23Dec 22Dec 21
Revenue$1.13B$1.10B$955.04M
Operating Income$-2.08M$326.44M$286.58M
Net Income$-23.96M$175.22M$628.14M
EBITDA$353.19M$684.05M$596.63M
Basic EPS$-0.20$1.50$5.38
Diluted EPS$-0.20$1.49$5.36

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 01, 24 | 7:38 PM
Q1 24May 03, 24 | 12:00 AM
Q4 23Feb 06, 24 | 4:42 PM

Peer Comparison


TickerCompany
CUZCousins Properties Incorporated
DEIDouglas Emmett, Inc.
BDNBrandywine Realty Trust
EQCEquity Commonwealth
HIWHighwoods Properties, Inc.
PDMPiedmont Office Realty Trust, Inc.
HPPHudson Pacific Properties, Inc.
CIOCity Office REIT, Inc.