KRC Stock Recent News

Office buildings are experiencing accelerating bifurcation; quality assets in strong markets are outperforming as obsolete buildings face decline or conversion. We capitalized on deeply discounted valuations in 2023-24, notably with HIW, which delivered a +43% total return in 2024. Current leasing momentum, generationally low supply, and return-to-office trends support positive earnings growth for high-quality office REITs.

Kilroy Realty continues to face lower occupancy rates due to remote work trends, though recent leasing activities hint that conditions are bottoming out, especially in premium ("super prime") real estate. Kilroy is strategically focusing on life sciences, AI, and biotech sectors in innovation hubs along the U.S. West Coast, notably expanding its life sciences property portfolio significantly. Despite current occupancy headwinds, Kilroy maintains a strong balance sheet, liquidity, and an attractive dividend yield (~7%), with the current valuation reflecting significant investor pessimism.

Life science REITs face headwinds from high interest rates and VC slowdown, but innovation and AI adoption signal long-term sector strength. Alexandria Real Estate stands out with a wide moat, high-quality tenants, strong balance sheet, and potential for 35% annualized returns if rates fall. Healthpeak benefits from diversified healthcare assets, robust leasing, and a strong balance sheet, offering a 25% return potential and monthly dividends.

It is possible to invest in U.S.-based companies that pay dividends of up to 6.5% with 100% certainty that the assets they own are American through and through. How? By focusing on real estate investment trusts (REITs) like Essex Property Trust (ESS -1.42%), Rexford Industrial Realty (REXR 0.46%), and Kilroy Realty (KRC -0.70%).

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today that its Board of Directors declared a regular quarterly cash dividend of $0.54 per common share payable on Wednesday, July 9, 2025 to stockholders of record on Monday, June 30, 2025. The dividend is equivalent to an annual rate of $2.16 per share. About Kilroy Realty Corporation Kilroy is a leading U.S. landlord and developer, with operations in San Diego, Los Angeles, the San Francisco Bay Area, Seat.

Kilroy Realty is a REIT with a focus on Class A office and life science properties, primarily in California and Washington. KRC's stock declined by 5% over the past year, reflecting broader sector headwinds, with a dividend yield of 6.66% and a payout ratio of 46.5%. The company faces occupancy challenges due to hybrid work trends and tech sector volatility, with a cautious 2025 outlook and expected negative NOI growth.

Kilroy Realty Corporation (NYSE:KRC ) Q1 2025 Earnings Conference Call May 6, 2025 1:00 PM ET Company Participants Doug Bettisworth - Vice President of Corporate Finance Angela Aman - Chief Executive Officer Jeffrey Kuehling - Executive Vice President, Chief Financial Officer and Treasurer Eliott Trencher - Executive Vice President and Chief Investment Officer Justin Smart - President Robert Paratte - Executive Vice President and Chief Leasing Officer Conference Call Participants Michael Carroll - RBC Capital Markets Jana Galen - BofA Securities Steve Sakwa - Evercore ISI Caitlin Burrows - Goldman Sachs & Co. LLC Nicholas Yulico - Scotiabank John Kim - BMO Capital Markets Dylan Burzinski - Green Street Advisors Peter Abramowitz - Jefferies Upal Rana - KeyBanc Capital Markets Yang Ku - Wells Fargo Brendan Lynch - Barclays Operator Hello, and welcome to the Kilroy Realty Corporation 1Q '25 Earnings Conference Call. My name is Harry, and I will be your operator today.

Kilroy Realty (KRC) came out with quarterly funds from operations (FFO) of $1.02 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to FFO of $1.11 per share a year ago.

LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) (“Kilroy” or the “Company”) today reported financial results for its first quarter ended March 31, 2025. “Despite market volatility over the last several months, we reported a strong start to 2025, with solid leasing activity during the quarter and growing momentum in our forward pipeline. Our high quality portfolio remains uniquely positioned to capitalize on the West Coast office recovery that is well underway,” commented Ang.

Average short interest in US equity real estate investment trusts decreased moderately in March. US REITs' short interest fell 3 basis points month over month to 3.7% of shares outstanding on average in March. The shopping center segment logged the biggest decline in March compared to the previous month, down 1.2 percentage points to 3.3% of shares outstanding on average.