Analyst Price Target is $39.43
▼ -1.89% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Kilroy Realty in the last 3 months. The average price target is $39.43, with a high forecast of $44.00 and a low forecast of $34.00. The average price target represents a -1.89% upside from the last price of $40.19.
Current Consensus is
Hold
The current consensus among 8 investment analysts is to hold stock in Kilroy Realty. This rating has held steady since March 2024, when it changed from a Moderate Buy consensus rating.
Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle 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, entertainment, life science and business services companies. The company 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, life science and mixed-use projects. As of December 31, 2023, Kilroy's stabilized portfolio totaled approximately 17.0 million square feet of primarily office and life science space that was 85.0% occupied and 86.4% leased. The company also had approximately 1,000 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 92.5%. In addition, the company had two in-process life science redevelopment projects totaling approximately 100,000 square feet with total estimated redevelopment costs of $80.0 million and one approximately 875,000 square foot in-process development project with a total estimated investment of $1.0 billion.
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