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Kilroy Realty Corporation (KRC) Stock Analysis

Range Bound setup

SellVALUE-TRAP 1/5High Confidence

Real Estate · REIT - Office

Sell if holding. At $34.27, A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: REIT tenant concentration cliff: 51% of NOI from technology industry tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Geographic: California.

Kilroy Realty is a self-administered REIT owning, developing, and managing premier office and life science properties primarily in California, with additional assets in Seattle and Austin. Its stabilized portfolio of 121 properties totaling 16.3M sqft was 81.6% occupied;... Read more

$34.27+2.5% A.UpsideScore 4.3/10#10 of 14 REIT - Office
QualityF-score5 / 9FCF yield8.60%
IncomeYield6.33%(5y avg 5.30%)Payout118.03%
Stop $32.06Target $34.98(resistance)A.R:R -0.9:1
Analyst target$36.00+5.0%14 analysts
$34.98our TP
$34.27price
$36.00mean
$27
$51

Sell if holding. At $34.27, A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: REIT tenant concentration cliff: 51% of NOI from technology industry tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Geographic: California. Chart setup: RSI 50 mid-range, Bollinger mid-band. Score 4.3/10, high confidence.

Passes 6/10 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 69d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA) and reit tenant cliff hard block. Suitability: aggressive.

Recent Developments — Kilroy Realty Corporation

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
No bull case signals
Risks
REIT tenant concentration cliff: 51% of NOI from technology industry tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.
Concentration risk — Geographic: California
Concentration risk — Tenant: technology industry tenants (51.0%)

Key Metrics

P/E (TTM)18.7
P/E (Fwd)68.3
Mkt Cap$4.0B
EV/EBITDA13.9
Profit Mgn19.6%
ROE4.4%
Rev Growth-0.3%
Beta1.16
Dividend6.33%
Rating analysts23

Quality Signals

Piotroski F5/9

Options Flow

P/C0.02bullish
IV49%normal

Concentration Risks(10-K Item 1A)

  • HIGHGeographicCalifornia
    10-K Item 1A: 'All of our properties are located in California, the Seattle, Washington Metropolitan Area, and the Austin, Texas Metropolitan Area and we may therefore be susceptible to adverse economic conditions'
  • HIGHTenanttechnology industry tenants51%
    10-K Item 1A: '51% of our tenants operated in the technology industry, 19% in the life science and health care industries'

Material Events(8-K, last 90d)

  • 2026-02-26Item 5.02LOW
    Board appointed Gary Stevenson as Chair (replacing Edward Brennan who remains a director) and appointed two new independent directors: Cornelia Marakovits and David Kieske, effective immediately. Board expanded from 7 to 9 members.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

4 floor-breakers

Revenue shrinking — -0.3% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
2.4
Declining revenue: -0%
Low model confidence on this dimension (33%).

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Surprise Avg
0.0
Erm
1.0
Earnings History
3.3
Earnings Timing
5.0
Dividend Safety
5.2
Estimates down -16.9% (30d)Earnings concerns: 2B/2MDividend: 633.0%

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Obv
1.0
Macd
2.4
Volume
3.3
Rsi
4.5
Ma Position
6.5
Volume distribution (falling OBV)Below 200-MA, MA slope flat

Negative sentiment — recent news tone and/or analyst downgrades drag the composite below neutral.static

Erm Sentiment
0.0
Analyst Rating
5.0
Price Target
5.8
Estimates falling as sentiment proxy (-16.9%)
GatesMomentum 3.5<4.5A.R:R -0.9=NEGATIVEDeath cross (50MA < 200MA)REIT TENANT CLIFF HARD BLOCKInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 69d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
50 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $30.98Resistance $35.69

Price Targets

$32
$35
A.Upside+2.1%
A.R:R-0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (-8.3% upside)
! Momentum score 3.5/10 — below 4.5 minimum
! Negative risk/reward — downside exceeds upside

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-07-27 (69d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is KRC stock a buy right now?

Sell if holding. At $34.27, A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: REIT tenant concentration cliff: 51% of NOI from technology industry tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Geographic: California. Chart setup: RSI 50 mid-range, Bollinger mid-band. Prior stop was $32.06. Score 4.3/10, high confidence.

What is the KRC stock price target?

Take-profit target: $34.98 (+2.5% upside). Prior stop was $32.06. Stop-loss: $32.06.

What are the risks of investing in KRC?

REIT tenant concentration cliff: 51% of NOI from technology industry tenants (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Geographic: California; Concentration risk — Tenant: technology industry tenants (51.0%).

Is KRC overvalued or undervalued?

Kilroy Realty Corporation trades at a P/E of 18.7 (forward 68.3). TrendMatrix value score: 5.2/10. Verdict: Sell.

What do analysts say about KRC?

23 analysts cover KRC with a consensus score of 2.8/5. Average price target: $36.

What does Kilroy Realty Corporation do?Kilroy Realty is a self-administered REIT owning, developing, and managing premier office and life science properties...

Kilroy Realty is a self-administered REIT owning, developing, and managing premier office and life science properties primarily in California, with additional assets in Seattle and Austin. Its stabilized portfolio of 121 properties totaling 16.3M sqft was 81.6% occupied; approximately 98.3% of revenues are derived from rental income.

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