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KRC

39.29USD-1.01(-2.51%)Market Closed

Kilroy Realty Corp

Market Summary

USD39.29-1.01Market Closed
-2.51%

KRC Stock Price

RSI Chart

Valuation

Market Cap

5.0B

Price/Earnings

22.6

Price/Sales

4.67

Price/Cashflow

8.46

Price/Sales

Profitability

Return on Equity

3.91%

Return on Assets

2.09%

Fundamentals

Revenue

Revenue (TTM)

1.1B

Revenue Y/Y

18.78%

Revenue Q/Q

1.76%

Earnings

Earnings (TTM)

222.0M

Earnings Y/Y

25.87%

Earnings Q/Q

-9.11%

Price Action

52 Week Range

38.9177.78
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-7.9%

Last 90 days

-20.5%

Trailing 12 Months

-40.6%

Financial Health

Investor Care

Dividend Yield

4.91%

Dividend/Share (TTM)

2.11

Shares Dilution (1Y)

0.36%

Diluted EPS (TTM)

1.93

Peers (Alternatives to Kilroy Realty)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
4.0B
4.05% -9.82%
24.01
14.3
23.61% 170.44%
36.1B
5.2B
2.33% -19.47%
14.04
7.05
10.93% 41.97%
29.1B
4.6B
11.66% -32.89%
21.77
6.46
4.35% 106.20%
23.9B
2.5B
0.40% -26.92%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
0.72% -26.09%
20.74
8.86
10.21% 8.14%
13.1B
1.7B
3.13% -3.30%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
1.56% -14.60%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
-4.84% -43.84%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
4.55% 7.71%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
-8.04% -48.19%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
3.76% -30.83%
63.8
2.74
5.87% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
1.02% -4.14%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-14.57% -34.08%
538.82
1.96
2.16% 107.41%
1.2B
-
7.32% 4.54%
5
3.44
120.87% 1462.96%

Financials for Kilroy Realty

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue4.2%1,0741,030985955923
Operating Expenses3.2%750727693672654
  S&GA Expenses-2.6%91949393
Net Income5.3%222211659687
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.0%10,62010,51510,56510,58310,472
    Cash Equivalents19.0%250210332414348
Liabilities1.6%4,9404,8634,8994,8944,781
Shareholder's Equity4.9%5,6805,4135,4255,4405,444
  Retained Earnings6.2%276260274284297
  Additional Paid-In Capital0.2%5,1625,1525,1505,1555,146
Shares Outstanding0.0%117117117116116
Minority Interest0.3%240240240250246
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations2.5%593579551516499
  Share Based Compensation-9.1%3134353437
Cashflow From Investing55.2%-517.61-1,155.90-1,729.50-747.88-703.54
Cashflow From Financing-2.5%-173.93-169.70-163.29-164.57-299.48
  Dividend Payments1.0%242240237235
  Buy Backs-0.1%3131292243

Risks

What is the probability of a big loss on KRC?

41.1%


Probability that Kilroy Realty stock will be more than 20% underwater in next one year

30%


Probability that Kilroy Realty stock will be more than 30% underwater in next one year.

23.1%


Probability that Kilroy Realty stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does KRC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Kilroy Realty was unfortunately bought at previous high price.

Returns

Cumulative Returns on KRC

1.2%


10-Year Cumulative Returns

-4.1%


7-Year Cumulative Returns

-9.7%


5-Year Cumulative Returns

-20.2%


3-Year Cumulative Returns

What are the long-term rolling returns for KRC?

FIve years rolling returns for Kilroy Realty.

Which funds bought or sold KRC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
SOLD OFF
-100
-352,000
-
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
678,000
678,000
0.01%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-2,000
9,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.23
-1,558,000
5,751,000
0.01%
2022-11-17
M&T Bank Corp
ADDED
2.89
-111,000
537,000
-%
2022-11-16
Retirement Systems of Alabama
ADDED
11.82
-1,571,000
14,109,000
0.07%
2022-11-16
Neo Ivy Capital Management
NEW
-
30,000
30,000
0.08%
2022-11-16
GLENMEDE TRUST CO NA
SOLD OFF
-100
-1,194,000
-
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
ADDED
195.68
1,017,230
1,754,720
-%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
-109,000
446,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying KRC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own KRC

Kilroy Realty News

MarketWatch

Boston Properties Inc. stock falls Tuesday, underperforms market.7 hours ago

KRC Fair Value

Recent SEC filings of Kilroy Realty

View All Filings
Date Filed Form Type Document
Oct 26, 2022
10-Q
Quarterly Report
Oct 25, 2022
8-K
Current Report
Oct 13, 2022
4
Insider Trading
Oct 13, 2022
4
Insider Trading
Oct 13, 2022
4
Insider Trading
Oct 13, 2022
4
Insider Trading
Oct 13, 2022
4
Insider Trading
Oct 13, 2022
4
Insider Trading
Oct 13, 2022
4
Insider Trading
Oct 13, 2022
4
Insider Trading
John B. Kilroy
240
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.

KRC Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue, Product and Service [Extensible List]Service [Member]Service [Member]  
REVENUES    
Rental income (Note 9)$ 272,546$ 230,720$ 804,330$ 689,849
Other property income3,4121,6068,3134,106
Total revenues275,958232,326812,643693,955
EXPENSES    
Property expenses52,07540,842147,421120,183
Real estate taxes27,41524,15378,71871,528
Ground leases1,7711,7085,4735,559
General and administrative expenses (Note 8)23,52422,99068,42569,482
Leasing costs1,0157983,4752,373
Depreciation and amortization81,14073,213266,215222,734
Total expenses186,940163,704569,727491,859
OTHER INCOME (EXPENSES)    
Interest and other income, net2959765013,686
Interest expense (Note 4)(19,982)(16,105)(60,728)(59,829)
Gain on sale of depreciable operating property (Note 3)17,329017,329457,831
Total other (expenses) income(2,358)(15,129)(42,898)401,688
NET INCOME86,66053,493200,018603,784
Net income attributable to noncontrolling common units of the Operating Partnership(664)(460)(1,695)(5,700)
Net income attributable to noncontrolling interests in consolidated property partnerships(6,239)(6,005)(18,333)(17,586)
Total income attributable to noncontrolling interests(6,903)(6,465)(20,028)(23,286)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS)$ 79,757$ 47,028$ 179,990$ 580,498
Net income available to common stockholders per share – basic (in dollars per share)$ 0.68$ 0.40$ 1.53$ 4.98
Net income available to common stockholders per share – diluted (in dollars per share)$ 0.68$ 0.40$ 1.53$ 4.96
Weighted average common shares outstanding – basic (in shares)116,872,953116,456,796116,782,621116,418,113
Weighted average common shares outstanding – diluted (in shares)117,242,411116,962,680117,163,149116,894,434

KRC Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
REAL ESTATE ASSETS (Notes 2 and 3):  
Land and improvements$ 1,743,194$ 1,731,982
Buildings and improvements7,693,2477,543,585
Undeveloped land and construction in progress2,183,0712,017,126
Total real estate assets held for investment11,619,51211,292,693
Accumulated depreciation and amortization(2,150,060)(2,003,656)
Total real estate assets held for investment, net9,469,4529,289,037
CASH AND CASH EQUIVALENTS249,981414,077
RESTRICTED CASH13,00913,006
MARKETABLE SECURITIES (Note 11)22,39027,475
CURRENT RECEIVABLES, NET15,88514,386
DEFERRED RENT RECEIVABLES, NET442,987405,665
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET214,484234,458
RIGHT OF USE GROUND LEASE ASSETS126,708127,302
PREPAID EXPENSES AND OTHER ASSETS, NET65,09657,991
TOTAL ASSETS10,619,99210,583,397
LIABILITIES:  
Secured debt, net (Notes 4 and 11)244,316248,367
Unsecured debt, net (Notes 4 and 11)3,823,5323,820,383
Accounts payable, accrued expenses and other liabilities424,087391,264
Ground lease liabilities125,065125,550
Accrued dividends and distributions (Note 16)64,27161,850
Deferred revenue and acquisition-related intangible liabilities, net176,105171,151
Rents received in advance and tenant security deposits82,83974,962
Total liabilities4,940,2154,893,527
COMMITMENTS AND CONTINGENCIES (Note 10)
Stockholders’ Equity  
Common stock, $.01 par value, 280,000,000 shares authorized, 116,877,453 and 116,464,169 shares issued and outstanding, respectively1,1691,165
Additional paid-in capital5,162,0885,155,232
Retained earnings276,138283,663
Total stockholders’ equity5,439,3955,440,060
Noncontrolling Interests  
Common units of the Operating Partnership53,47553,746
Noncontrolling interests in consolidated property partnerships186,907196,064
Total noncontrolling interests240,382249,810
Total equity5,679,7775,689,870
TOTAL LIABILITIES AND EQUITY (CAPITAL)$ 10,619,992$ 10,583,397