KRC Stock Dips 5% Amid Real Estate Sector Decline

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Dec 18, 2024
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Kilroy Realty Corporation (KRC, Financial) experienced a significant stock drop of 5.07%, trading at $39.90 per share with a volume of 525,728 shares and a turnover rate of 0.45%. The stock's price-to-earnings ratio stands at 23.96, based on its recent earnings report showing $290 million in revenue and a net profit of $52.21 million, equating to an earnings per share of $0.44.

In terms of analyst ratings, 35% of the 17 institutions covering the stock recommend buying, while 59% suggest holding, and 6% advise selling. The broader real estate investment trust sector saw an overall decline of 1.42%.

Kilroy Realty is a major owner and landlord of approximately 17 million square feet of office space across Los Angeles, San Diego, San Francisco Bay Area, Austin, Texas, and Greater Seattle.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.