Evercore ISI Group Rates Kilroy Realty (KRC) buy

On June 15, 2026, Evercore ISI Group reaffirmed its buy rating for Kilroy Realty Corporation (NYSE:KRC), setting a price target of $43. This decision comes as Kilroy Realty's shares trade near $38.37.

What Changed in Evercore ISI Group's Kilroy Realty Position

Evercore ISI Group's analyst Steve Sakwa reiterated the buy rating for Kilroy Realty, maintaining a positive outlook on the real estate investment trust. The reaffirmed price target of $43 suggests confidence in the company's future performance.

Other Institutional Activity in Kilroy Realty

Among other institutional investors, BlackRock, Inc. increased its holdings by 182,154 shares, reaching a total of 15,049,691 shares valued at about $424.6 million. D1 Capital Partners L.P. added 874,865 shares to its portfolio, totaling 11,275,077 shares worth approximately $318.1 million. Vanguard Portfolio Management LLC acquired 9,869,647 shares, now valued at $278.4 million. Conversely, Cohen & Steers, Inc. reduced its stake by 1,626,015 shares, leaving it with 7,945,504 shares valued at $224.1 million.

Kilroy Realty Corporation Stock Up 5.6%

Kilroy Realty's stock is currently trading around $38.37, with a market capitalization of about $4.46 billion. The P/E ratio stands at 20.97, while the forward P/E is significantly higher at 76.74. Its stock has experienced a 52-week low of $27.36 and a high of $45.03. The company's beta is 1.164, indicating moderate volatility compared to the market.

Recent Earnings

Kilroy Realty reported revenue of approximately $1.11 billion, with a slight decline of 0.3% in growth. The company achieved a net margin of 19.59% and a return on equity of 4.41%. The next earnings report is scheduled for July 27, 2026.

Dividend

Kilroy Realty offers an annual dividend rate of $2.16, yielding 5.63%. The dividend payout ratio is high at 118.03%, reflecting a significant portion of earnings paid out as dividends.

Insider Buying and Selling at Kilroy Realty Corporation

On June 9, 2026, President Justin William Smart sold 10,848 shares at an average price of $38.71. Earlier, on May 19, 2026, insiders including Edward Brennan, Jolie Hunt, Gary Stevenson, Daryl Carter, and David Andrew Kieske each acquired 4,339 shares, although the transaction price was not specified.

Analysts Set New Price Targets

On June 15, 2026, Evercore ISI Group maintained its buy rating for Kilroy Realty with a $43 price target. Wells Fargo held its rating at hold with a $33 target on June 1, 2026. Scotiabank also maintained a hold rating, setting a $38 target on May 21, 2026. The consensus recommendation for Kilroy Realty is hold, with an average target price of $36.64 based on 14 analyst opinions.

About Kilroy Realty Corporation

Kilroy Realty Corporation, headquartered in Los Angeles, CA, is a major player in the real estate sector, focusing on office and life science spaces. The company operates in key U.S. markets, including San Francisco, Los Angeles, Seattle, San Diego, and Austin. Known for its sustainable development practices, Kilroy Realty is a member of the S&P MidCap 400 Index and has a diverse portfolio that includes office, life science, and mixed-use projects.

Bottom Line

Evercore ISI's reaffirmation of a buy rating and the $43 price target for Kilroy Realty highlights continued optimism for the company's prospects. As a major real estate investment trust, Kilroy Realty's performance is closely watched by investors, with institutional activities and insider transactions providing additional insight into market sentiment. As always, it's important to remember that analyst ratings and institutional filings reflect past actions and might not indicate current positions.