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Kilroy Realty offers a 5.7% dividend yield with a conservative 49% payout ratio, making it attractive for income investors amid market volatility. Strong fundamentals include rising FFO, revenue growth, robust leasing activity, and strategic acquisitions, supporting long-term growth potential. KRC has an attractive valuation with a forward P/FFO of 8.7, sitting well below historical averages, and presenting potential upside for investors.
Kilroy Realty Corporation offers a 5.46% forward dividend yield with 27 consecutive years of payments, showcasing its stability and favorable long-term investment potential. KRC's Q3 2024 results were strong, with revenue growth, increased FFO, and positive leasing activity, with increased guidance going forward. Despite uncertainties in the office sector, KRC's strong balance sheet, low price to book ratio, and positive market trends support its growth outlook.
I am bullish on the company due to its resilience demonstrated by high occupance rate and dominant financial performance relative to peers. The company has a very stable and sustainable dividend policy making it a dependable income generator. Kilroy Realty Corporation is trading at a 20.19% discount, offering a decent entry point for potential investors.
LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC, "Kilroy") announced today it will release third quarter 2024 financial results after the market closes on Monday, October 28, 2024. The company will hold a conference call to discuss the results at 10:00 a.m. PT / 1:00 p.m. ET on Tuesday, October 29, 2024. To participate and obtain conference call dial-in details, register by using the following link: https://www.netroadshow.com/events/login?show=f1c41247&confId=58186 This.
Kilroy Realty Corporation (KRC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, KRC's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) announced today that members of the Company's senior management will participate in a roundtable discussion at the Bank of America 2024 Global Real Estate Conference on Tuesday, September 10, 2024. The live panel discussion is scheduled to begin at approximately 2:15 p.m. Eastern Time and will conclude approximately 35 minutes later. The company's participation in the conference will be webcast live in audio-only and available.
Q2 earnings report showed a decline in revenue and FFO per share, but increased liquidity and updated guidance. Occupancy rates vary across major cities, with positive leasing activity indicating potential for increased occupancy and FFO per share. Valuation models suggest KRC shares are undervalued, with a potential upside of up to 26.82% even with conservative growth assumptions.
Office REITs have seen plenty of headline risks, but the sector appears to be stabilizing. Kilroy Realty stock remains undervalued despite challenges in office space demand, showing signs of stabilizing occupancy and increasing leasing momentum. With a high-quality property profile, solid balance sheet, and 6.4% dividend yield, KRC presents an attractive investment opportunity for income and value investors.
Kilroy Realty Corporation (NYSE:KRC ) Q2 2024 Earnings Call August 1, 2024 1:00 PM ET Company Participants Taylor Friend - Senior Vice President, Capital Markets and Treasurer Angela Aman - Chief Executive Officer Eliott Trencher - Executive Vice President, Chief Investment Officer and Chief Financial Officer Justin Smart - President Rob Paratte - Executive Vice President and Chief Leasing Officer Conference Call Participants Nick Yulico - Scotiabank Michael Griffin - Citigroup Camille Bonnel - Bank of America/Merrill Lynch Blaine Heck - Wells Fargo Steve Sakwa - Evercore ISI Upal Rana - KeyCorp Caitlin Burrows - Goldman Sachs Dylan Burzinski - Green Street Advisors Pete Abramowitz - Jefferies Michael Carroll - RBC John Kim - BMO Brendan Lynch - Barclays Operator Good afternoon and thank you for attending today's KRC 2Q ‘24 Earnings Conference Call. My name is Sam, and I will be your moderator for today's call.
Kilroy Realty (KRC) came out with quarterly funds from operations (FFO) of $1.10 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to FFO of $1.19 per share a year ago.