Last $68.13 USD
Change Today +0.81 / 1.20%
Volume 396.2K
KRC On Other Exchanges
Symbol
Exchange
New York
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As of 4:15 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

kilroy realty corp (KRC) Snapshot

Open
$67.47
Previous Close
$67.32
Day High
$68.18
Day Low
$67.14
52 Week High
11/5/14 - $68.96
52 Week Low
12/13/13 - $48.75
Market Cap
5.7B
Average Volume 10 Days
623.1K
EPS TTM
$0.37
Shares Outstanding
84.1M
EX-Date
09/26/14
P/E TM
184.7x
Dividend
$1.40
Dividend Yield
2.05%
Current Stock Chart for KILROY REALTY CORP (KRC)

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kilroy realty corp (KRC) Details

Kilroy Realty Corporation is a privately owned real estate investment trust. The firm engages in investment, development, and management of properties. It invests in the real estate markets of Southern California. The firm’s portfolio includes office, industrial, R&D, and multi-purpose properties. The company was founded in 1947 and is based in Los Angeles, California.

219 Employees
Last Reported Date: 06/6/14
Founded in 1947

kilroy realty corp (KRC) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $4.2M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $1.0M
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $2.0M
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $1.0M
Executive Vice President of Development & Con...
Total Annual Compensation: $900.0K
Compensation as of Fiscal Year 2013.

kilroy realty corp (KRC) Key Developments

Kilroy Realty Corporation Signs a Long-Term Lease with Viacom Inc

Kilroy Realty Corporation announced that it has signed a long-term lease with Viacom Inc. for approximately 180,000 square feet of space at KRC's 685,000 square-foot, mixed-use Columbia Square development located in the heart of Hollywood. The company plans to relocate and unite the West Coast operations of Viacom media networks including BET, Comedy Central, MTV, Spike TV, VH1 and TV Land currently based in Santa Monica and in other Los Angeles offices into Columbia Square's 250,000 square-foot Gower Building. The six-story, dual-core glass and steel Gower Building is the larger of two new office buildings totaling 350,000 square feet currently under construction as part of KRC's $420 million mixed-use project located on Sunset Boulevard. Designed by Rios, Clementi, Hale Studios, Columbia Square will also feature 93,000 square feet of renovated, historical creative office and studio space, 30,000 square feet of retail space, 200 luxury residential units and a five-level subterranean parking structure. Viacom is expected to take occupancy in phases starting in late 2016. This is the second significant lease to be signed at Columbia Square since KRC broke ground on the project in February 2014. In July, New York City-based NeueHouse, a private workspace collective, signed a 15-year lease to occupy 93,000 square feet in the original William Lescaze-designed Radio and Business buildings that anchor Columbia Square. NeueHouse is expected to take occupancy in the spring of 2015.

Kilroy Realty Corp. Plans to Commence Construction in the First Half of 2015

Kilroy Realty Corp. announced that it plans to commence construction on the approximately 680,000 square feet of office space in the first half of 2015.

Kilroy Realty Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Kilroy Realty Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported FFO of $60.4 million, or $0.69 per diluted share, compared to $55.9 million, or $0.69 per diluted share, in the third quarter of 2013. Net income available to common stockholders was $15.7 million, or $0.18 per diluted share, compared to $5.6 million, or $0.07 per diluted share, in the year-earlier period. Net income for the 2014 third quarter included an approximate $5.6 million gain from a property disposition. Results for the third quarter of 2014 included $0.02 per share of net lease termination fees and in the same quarter last year, results included a net $0.05 per share cash payment related to the default of a prior tenant. Including discontinued operations, the company's revenues in the third quarter of 2014 totaled $131.1 million, up from $127.8 million in the third quarter of 2013. Total revenues were $129.024 million against $113.545 million a year ago. Income from continuing operations before gain on sale of land was $36.406 million against $9.896 million a year ago. Income from continuing operations was $13.168 million against $3.179 million a year ago. For the nine months of 2014, the company reported FFO of $180.9 million, or $2.06 per diluted share, compared to $160.1 million, or $1.99 per diluted share, in the first nine months of 2013. Net income available to common stockholders was $139.4 million, or $1.63 per diluted share, compared to $11.3 million, or $0.13 per diluted share, in the same period of 2013. Net income for the 2014 nine-month period included approximately $113.9 million in gains from property and land dispositions. Results for the first nine months of 2014 included $0.06 per share of net lease termination fees and in the same period last year, results included approximately $0.11 per share of cash payments related to prior tenant matters. Including discontinued operations, the company's revenues for the first nine months of 2014 totaled $386.6 million, up from $369.8 million in the first nine months of 2013. Total revenues were $379.960 million against $338.507 million a year ago. Income from continuing operations before gain on sale of land was $13.168 million against $3.179 million a year ago. Income from continuing operations was $39.896 million against $9.896 million a year ago.

 

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KRC:US $68.13 USD +0.81

KRC Competitors

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Company Last Change
Boston Properties Inc $129.22 USD +0.68
Douglas Emmett Inc $27.49 USD +0.54
SL Green Realty Corp $115.87 USD +1.44
Vornado Realty Trust $111.05 USD +0.31
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Industry Analysis

KRC

Industry Average

Valuation KRC Industry Range
Price/Earnings 100.0x
Price/Sales 11.2x
Price/Book 2.4x
Price/Cash Flow 15.1x
TEV/Sales 5.6x
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