KRC · Kilroy Realty Corp
$36.83
-0.37 (-0.99%)
At close · Aug 26
Market Cap
$4.33B
Shares
116.28M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$36.83
Open$37.02
Day$36.77–37.36
52W close$27.72–44.44
Avg vol 30d1.3M
Short int8.5M · 7.3% float · 7.9d
Short vol60%
Last earningsJul 28, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 28
Up next
Next earnings call
Oct 27, 2026
Est · unconfirmed
· in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 28, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Strong
Sentiment
Bullish
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 15.2 · calm
Equity put/call 0.64
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+3%
above
Price vs 50-day avg
−3%
below
RSI (14)
45
neutral
MACD trend
Positive
52-week position
54%
mid-range
Momentum
relative strength
1-month return
−7%
trailing
6-month return
+19%
trailing
YTD return
−1%
this year
Relative strength
+7%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $38 › 200d $36 — 50d above 200d
Institutional flow
Accumulating
+12% holders QoQ · +84 funds added
Insider flow
Distributing
Net -$1.3M over 90 days · 100% sells
Short interest
Falling
7.28% of float · ▼ -10.6% MoM · 7.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
385 holders — near 3-yr high, broad support
Squeeze score
55
elevated · 0–100
Fundamentals
Revenue growth
−2%
Y/Y
EPS growth
+31%
Y/Y
Valuation
P/E 20.3
below peers
Buyback
$427.3M
remaining
Balance sheet
$2.1B
net debt
Quant / Vol
risk profile
Volatility
28%
annualized · 1-yr
Max drawdown
−38%
past year
ATR
2.5%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 27, 2026
full year 2026
Nareit Funds From Operations per common share/unit – diluted
Initiated
$3.49 – $3.63
Net income available to common stockholders per share - diluted
Initiated
$0.08 – $0.22
Average full year occupancy
Initiated
76.5% – 78%
Average full year occupancy excluding KOP 2
Initiated
80.5% – 81.5%
NOI from Development Properties
Initiated
$-24M – $-22.5M
Same Property Cash Net Operating Income ("NOI") growth
Initiated
0.25% – 1.25%
Total development spending
Initiated
$150M
Operating property dispositions
Initiated
$347.5M – $500M
Full Year 2026
Net income available to common stockholders per share - diluted
Initiated
$0.08 – $0.22
prior FY $2.32
midpoint −93.5% Y/Y
Prior guidance
period ended
· from the 8-K filed Oct 27, 2025
Net income available to common stockholders per share - diluted
· full year 2025
$2.46 – $2.52
General and administrative and Leasing costs
· full year 2025
$83M – $85M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+3%
Bullish
Price vs 50-day avg
−3%
Neutral
RSI (14)
45
Neutral
MACD trend
Positive
Bullish
52-week position
54%
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $38 › 200d $36 — 50d above 200d
Institutional flow
Accumulating
+12% holders QoQ · +84 funds added
Insider flow
Distributing
Net -$1.3M over 90 days · 100% sells
Short interest
Falling
7.28% of float · ▼ -10.6% MoM · 7.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
385 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $28
Now $37 · 54%
Range high $44
vs 200-day avg +3%
vs 50-day avg -3%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Average Capital Expenditures to Average NOI Ratio - Trailing Five Quarters | 16.4% | Q2 2026 | — |
| Average Occupancy | 77.6% | Q2 2026 | — |
| Average Occupancy excluding KOP 2 | 81.4% | Q2 2026 | — |
| Average Residential Occupancy - Quarter to Date at 6/30/2026 | 95.6% | Q2 2026 | — |
| Average Residential Occupancy - Year to Date at 6/30/2026 | 95.3% | 2026 year to date | — |
| Changes in Cash Rents - All Leases Signed Quarter to Date | 6.1% | Q2 2026 | — |
| Changes in GAAP Rents - All Leases Signed Quarter to Date | 21% | Q2 2026 | — |
| Company's Share of Adjusted EBITDAre non-GAAP | $151.23M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Company's Share of EBITDAre $152.48M
-$1.25M Interest income
= Company's Share of Adjusted EBITDAre $151.23M
|
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| Company's Share of EBITDAre non-GAAP | $152.48M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP EBITDAre $159.99M
-$7.51M EBITDAre attributable to noncontrolling interests in consolidated property partnerships
= Company's Share of EBITDAre $152.48M
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| EBITDAre non-GAAP | $159.99M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP EBITDA $155.18M
+$193K Net income (loss) available to noncontrolling common units of the Operating Partnership
+$4.62M Net income attributable to noncontrolling interests in consolidated property partnerships
+$0K Gains on sales of depreciable operating properties
+$0K Impairment of real estate assets
= EBITDAre $159.99M
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| Funds Available for Distribution non-GAAP | $83.63M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP GAAP Net Cash Provided by Operating Activities 78.21M
-28.11M Recurring tenant improvements, leasing commissions, and capital expenditures
-1.43M Depreciation of non-real estate furniture, fixtures, and equipment
+42.68M Net changes in operating assets and liabilities
-7.1M Noncontrolling interests in consolidated property partnerships' share of FFO and FAD
-623K Cash adjustments related to investing and financing activities
= Funds Available for Distribution 83.63M
|
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| Funds From Operations non-GAAP | $218.18M | Six Months Ended June 30, 2026 | — |
|
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| Funds From Operations per common share/unit – diluted non-GAAP | $1.83 | Six Months Ended June 30, 2026 | — |
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| Leases Signed But Not Yet Commenced ABR per Sq. Ft. | $75.07 | Q2 2026 | — |
| Leases Signed But Not Yet Commenced Total Annualized Base Rent | $78.36M | Q2 2026 | — |
| Leases Signed But Not Yet Commenced Total Square Feet | 1,043,852 | Q2 2026 | — |
| Net Operating Income (NOI) non-GAAP | $180.29M | Q2 2026 | — |
| Net Operating Income Margin | 66.2% | Q2 2026 | — |
| Period End Leased Percentage excluding KOP 2 | 83.3% | Q2 2026 | — |
| Period End Occupancy Percentage | 77% | Q2 2026 | — |
| Period End Occupancy Percentage excluding KOP 2 | 80.8% | Q2 2026 | — |
| Retention Rate Including Subtenants Quarter to Date | 27.9% | Q2 2026 | — |
| Retention Rate Including Subtenants Year to Date | 30% | 2026 year to date | — |
| Retention Rate Quarter to Date | 27.9% | Q2 2026 | — |
| Retention Rate Year to Date | 24.8% | 2026 year to date | — |
| Same Property Cash Net Operating Income non-GAAP | $176.21M | Q2 2026 | — |
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| Same Property Portfolio properties | 113 | as of June 30, 2026 | — |
| Stabilized Office & Life Science Portfolio buildings | 123 | Q2 2026 | — |
| Stabilized office portfolio occupancy – Austin | 84% | As of June 30, 2026 | — |
| Stabilized office portfolio occupancy – Los Angeles | 72.5% | As of June 30, 2026 | — |
| Stabilized office portfolio occupancy – San Diego | 84.1% | As of June 30, 2026 | — |
| Stabilized office portfolio occupancy – San Francisco Bay Area | 75.3% | As of June 30, 2026 | — |
| Stabilized office portfolio occupancy – Seattle | 78.9% | As of June 30, 2026 | — |
| Stabilized office portfolio occupancy – Weighted average total | 77% | As of June 30, 2026 | — |
| Stabilized office properties square feet – Total | 17.13M | As of June 30, 2026 | — |
| Stabilized Portfolio buildings | 123 | as of June 30, 2026 | — |
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| Stabilized Portfolio leased | 81.5% | As of June 30, 2026 | — |
|
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| Stabilized Portfolio occupied | 77% | As of June 30, 2026 | — |
| Stabilized Portfolio square feet | 17,128,056 | as of June 30, 2026 | — |
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| Total No. of Residential Units | 608 | Q2 2026 | — |
| Total Square Feet of Leases Executed Quarter to Date | 335,508 | Q2 2026 | — |
| Total Square Feet of Leases Executed Year to Date | 833,427 | 2026 year to date | — |
| Total Stabilized Portfolio Excluding KOP 2 Leased at 6/30/2026 | 83.3% | Q2 2026 | — |
| Total Stabilized Portfolio Excluding KOP 2 Occupied at 6/30/2026 | 80.8% | Q2 2026 | — |
| Total Stabilized Portfolio Leased at 6/30/2026 | 81.5% | Q2 2026 | — |
| Total Stabilized Portfolio Second Generation Capital Expenditures Quarter to Date | $28.11M | Q2 2026 | — |
| Total Stabilized Portfolio Second Generation Capital Expenditures Year to Date | $46.85M | 2026 year to date | — |
| Average Occupancy Quarter-to-Date | 77.4% | 3/31/2026 | — |
| cash rents on leases signed | 5.2% | the quarter | — |
| development lease with Cooley LLP | 145,000 | the quarter | — |
| During the quarter, signed approximately 568,000 square feet of leases | 568,000 | the quarter | — |
| FFO per common share/unit – basic non-GAAP | $0.91 | Q1 2026 | — |
| FFO per common share/unit – diluted non-GAAP | $0.91 | Q1 2026 | — |
| GAAP rents on leases signed | 19.2% | the quarter | — |
| new leasing on currently occupied space | 80,000 | the quarter | — |
| new leasing on previously vacant space | 406,000 | the quarter | — |
| Non-Same Property Cash Net Operating Income non-GAAP | -$4.21M | three months ended 3/31/2026 | — |
| renewal leasing | 82,000 | the quarter | — |
| Residential Portfolio average occupancy | 95% | three months ended 3/31/2026 | — |
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| Residential units | 608 | Q1 2026 | — |
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| Same Property Portfolio buildings | 113 | Q1 2026 | — |
| short-term leasing | 70,000 | the quarter | — |
| Square feet of leases executed in 1Q 2026 | 568K | Q1 2026 | — |
| Stabilized Office & Life Science Portfolio leased | 82.3% | March 31, 2026 | — |
| Stabilized Office & Life Science Portfolio leased but not yet occupied | 470 | March 31, 2026 | — |
| Stabilized Office & Life Science Portfolio leases executed | 568K | 1Q 2026 | — |
| Stabilized Office & Life Science Portfolio occupied | 77.6% | March 31, 2026 | — |
| Stabilized Portfolio leases signed but not yet commenced | 470 | March 31, 2026 | — |
| Stabilized Portfolio occupancy | 77.6% | Q1 2026 | — |
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| Stabilized Portfolio was leased | 82.3% | March 31, 2026 | — |
| Total Same Property Portfolio Average Occupancy non-GAAP | 82% | Q1 2026 | — |
| Total Same Property Portfolio Number of properties non-GAAP | 113 | Q1 2026 | — |
| Total Same Property Portfolio Square Feet non-GAAP | 15,613,635 | Q1 2026 | — |
| Total square feet of stabilized office properties owned at end of period | 17.12M | Q1 2026 | — |
| Total Stabilized Portfolio Leased at | 82.3% | 3/31/2026 | — |
| Total Stabilized Portfolio Occupied at | 77.6% | 3/31/2026 | — |
| Total Stabilized Portfolio Rentable Square Feet | 17,124,393 | 3/31/2026 | — |
| Weighted average total stabilized office portfolio occupancy | 77.6% | Q1 2026 | — |
| Square feet of leases signed | 827,000 | Q4 2025 | — |
| Total liquidity | $1.3B | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Office — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
KRC
this stock
Kilroy Realty Corp
|
$4.33B | -1.4% | -2.0% | 20.3 | 7.3% |
|
BXP
BXP, Inc.
|
$11.52B | +4.2% | +2.2% | 38.8 | 6.5% |
|
ARE
Alexandria Real Estate Equities, Inc.
|
$9.29B | +8.2% | -2.9% | — | 3.9% |
|
VNO
Vornado Realty Trust
|
$7.27B | +17.0% | +1.3% | 1298.3 | 5.0% |
|
CUZ
Cousins Properties Inc
|
$4.97B | +14.8% | +16.0% | 755.0 | 6.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| KRC | +0.2% | -6.6% | +19.0% | -5.1% | -1.5% |
| SPY | -0.4% | +5.0% | +12.4% | +2.6% | +12.3% |
| vs SPY | +0.6% | -11.6% | +6.6% | -7.7% | -13.8% |
Capital returns
Latest dividend
$0.54
/ share · ex Jun 30, 2026
Paid (TTM)
$2.16
/ share · 4 payouts
Dividend yield (TTM, derived)
5.86%
Buyback program
· as of Jun 30, 2026
Authorized
$500.00M
Spent (derived)
$72.70M
Remaining
$427.30M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1025996
CUSIP
49427F108
13F (30d)
306 filings
302 filers
Visit website
Investor relations