(KRC) Kilroy Realty - Ratings and Ratios

Kilroy Realty Corporation (NYSE: KRC, Kilroy) is a distinguished U.S. real estate landlord and developer, operating primarily in key markets such as San Diego, Los Angeles, the San Francisco Bay Area, Seattle, and Austin. Renowned for its commitment to sustainability and innovative design, the Company has established itself as a leader in the real estate industry. Kilroy specializes in creating modern, efficient, and sustainable environments that cater to top-tier technology, entertainment, life science, and business services firms. As a publicly traded REIT and a member of the S&P MidCap 400 Index, Kilroy brings over 70 years of expertise in developing, acquiring, and managing office, life science, and mixed-use properties.

As of June 30, 2024, Kilroys stabilized portfolio encompassed approximately 17.0 million square feet of office and life science space, with an occupancy rate of 83.7% and a lease rate of 85.4%. The Company also owns approximately 1,000 residential units in Hollywood and San Diego, achieving a quarterly average occupancy of 92.8%. Kilroy is actively engaged in redevelopment and development projects, including two life science redevelopment initiatives totaling 100,000 square feet with estimated costs of $80.0 million and a large-scale development project spanning 875,000 square feet with a projected investment of $1.0 billion.

From a technical perspective, KRCs stock exhibits a 20-day average volume of 1,756,035 shares, with a last price of $32.37. The stock is currently trading below its 200-day simple moving average (SMA) of $35.83, indicating potential bearish momentum. However, the 50-day SMA of $32.63 suggests near-term stability. The average true range (ATR) of 1.40 reflects moderate volatility.

On the fundamental side, Kilroys market capitalization stands at $3.801 billion, with a price-to-earnings (P/E) ratio of 18.16 and a forward P/E of 26.25, signaling expectations of future growth. The price-to-book (P/B) ratio of 0.69 indicates undervaluation relative to book value. The price-to-sales (P/S) ratio of 3.35 aligns with industry norms, while the return on equity (RoE) of 2.72% reflects modest profitability.

3-Month Forecast Based on the intersection of technical and fundamental data, Kilroy Realty Corp (KRC) is expected to face headwinds in the near term. The stocks position below its 200-day SMA, coupled with a higher forward P/E ratio, suggests potential underperformance. However, the low P/B ratio and stable 50-day SMA may provide support, limiting significant downside. Volatility, as indicated by the ATR, is expected to remain moderate. Overall, the stock is likely to trade sideways with a slight bearish bias, targeting resistance at $35.00 and support at $30.00.