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Kilroy Realty

Kilroy Realty is a premier owner and landlord of approximately 17 million square feet of office space across Los Angeles, San Diego, the San Francisco Bay Area, Austin, Texas, and greater Seattle. The company operates as a real estate investment trust.

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Distressed investors are targeting US commercial real estate deals as a result of plummeting office values due to the pandemic. Private equity firms have earmarked 64% of funds for this sector.

Distressed Investors See &#39;Exceptional Bargains&#39; In Troubled US Commercial Real Estate Sector

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Is Now A Good Time To Buy Kilroy Realty Corp.?

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Fed Beige Book Reveals Holiday Cheer For US Economy: Tourism Spending Runs Hot, But Real Estate Worries Surface

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Another day of losses shook up Wednesday’s stock trading session on Wall Street.



All major U.S. stock indices in the red, as investors expressed concerns that the Federal Reserve is not in a rush to reduce interest rates early this year.

US Stocks Sink, Tech And Real Estate Hit Hard Amid Rate Concerns, Dollar Surge: What&#39;s Driving Markets Wednesday?

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Economists predict a marginal decrease in the annual CPI inflation rate from October&#39;s 3.2% to 3.1%. Core CPI rate is expected to hold steady at 4%. Sector-specific ETFs experienced notable changes with TAN, KRE, XLRE, ARKK and GDX leading the pack.

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Shares of REITs are trading higher following softer-than-expected June CPI data, which could raise expectations of rate cuts.

Distressed investors are viewing the U.S. <a href="https://www.benzinga.com/m-a/24/07/39718690/apocalyptic-manhattan-real-estate-deals-keep-coming-sector-mayhem-or-investment-opportunity">commercial real estate industry</a> as a utopia of great deals after the COVID-19 pandemic work-from-home shift caused office values to plummet last year.
Private equity firms are putting this sector in their crosshairs as they set aside 64% of dry powder earmarked for commercial property investment toward office buildings in North America, according to data compiled by Preqin, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-07-10/us-commercial-property-crash-is-set-to-deepen-the-pain-elsewhere?srnd=homepage-americas&amp;sref=TBDibEcD">reported</a>.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39556989/goldman-sachs-the-worst-for-commercial-real-estate-market-may-be-over-but-it-is-lik">Goldman Sachs: The Worst For Commercial Real Estate Market May Be Over, But &#8216;It Is Likely To Take Longer To Inflect Positive&#8217;</a>
Almost $1 trillion of commercial real-estate debt will mature this year in the U.S., according to the Mortgage Bankers Association, and buyers of distressed assets are ready to buy office space at great discounts from borrowers facing rising defaults due to an unprecedented downturn in occupancy.
The opportunity in the U.S. for commercial real estate bargains is driven by lenders pulling away from commercial real estate after borrowing costs rose and values plunged. Asset manager PGIM estimates a gap of almost $150 billion between the volume of loans coming due and new credit availability this year, Bloomberg reported.
"We could be on the precipice of one of the most significant real estate distressed investment cycles of the last 40 years," John Brady, global head of real estate at Oaktree, said in a recent note. "Few asset classes are as unloved as commercial real estate and thus we believe there are few better places to find exceptional bargains."
Price Action: Commercial real-estate companies and exchange-traded funds trended upward on Wednesday.
Kilroy Realty Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) gained 0.72% to close at $32.30 on Wednesday, while American Tower Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMT#NYSE">AMT</a>) picked up 0.41% to come in at $196.77 and Prologis Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) jumped 1.83% to $116.54.
Invesco S&amp;P 500 Equal Weight Real Estate ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWRE#NYSE">EWRE</a>) picked up 0.78% to $116.54, while iShares Cohen &amp; Steers REIT ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ICF#BATS">ICF</a>) edged 0.72% to $57.68 and iShares Core U.S. REIT ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USRT#NYSE">USRT</a>) gained 0.82% to $54.02.
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Distressed Investors See 'Exceptional Bargains' In Troubled US Commercial Real Estate Sector

Keybanc analyst Upal Rana maintains Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) with a Overweight and lowers the price target from $45 to $42.

Price Target

Keybanc Maintains Overweight on Kilroy Realty, Lowers Price Target to $42

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Shares of REIT stocks are trading higher amid a drop in Treasury yields following soft May CPI figures.

Deutsche Bank analyst Omotayo Okusanya maintains Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) with a Hold and lowers the price target from $40 to $34.

Deutsche Bank Maintains Hold on Kilroy Realty, Lowers Price Target to $34

Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) reported quarterly earnings of $1.11 per share which beat the analyst consensus estimate of $1.07 by 3.74 percent. The company reported quarterly sales of $274.890 million which missed the analyst consensus estimate of $275.064 million by 0.06 percent. This is a 5.24 percent decrease over sales of $290.104 million the same period last year.

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Kilroy Realty Q1 2024 FFO $1.11 Beats $1.07 Estimate, Sales $274.890M Miss $275.064M Estimate

Shares of REITs are trading lower as Treasury yields rise following hotter-than-expected March inflation data.

Ratings for Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $40.5, a high estimate of $45.00, and a low estimate of $38.00. This current average represents a 10.99% decrease from the previous average price target of $45.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1711540884_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of Kilroy Realty among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brendan Lynch</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$38.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Carroll</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$39.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Upal Rana</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$45.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Omotayo Okusanya</td>
<td>Deutsche Bank</td>
<td>Announces</td>
<td>Hold</td>
<td>$40.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kilroy Realty. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kilroy Realty compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Kilroy Realty's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Kilroy Realty's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/KRC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kilroy Realty analyst ratings.</a>
<h2>Get to Know Kilroy Realty Better</h2>
Kilroy Realty is a premier owner and landlord of approximately 17 million square feet of office space across Los Angeles, San Diego, the San Francisco Bay Area, Austin, Texas, and greater Seattle. The company operates as a real estate investment trust.
<h3>Financial Milestones: Kilroy Realty's Journey</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Decline in Revenue: Over the 3 months period, Kilroy Realty faced challenges, resulting in a decline of approximately -5.39% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: Kilroy Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 17.47% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Kilroy Realty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.87% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Kilroy Realty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.41% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.93, Kilroy Realty adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Kilroy Realty: Insights From 4 Financial Analysts

Barclays analyst Brendan Lynch initiates coverage on Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) with a Equal-Weight rating and announces Price Target of $38.

Initiation

Barclays Initiates Coverage On Kilroy Realty with Equal-Weight Rating, Announces Price Target of $38

RBC Capital analyst Michael Carroll downgrades Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) from Outperform to Sector Perform and lowers the price target from $44 to $39.

Downgrades

RBC Capital Downgrades Kilroy Realty to Sector Perform, Lowers Price Target to $39

Keybanc analyst Upal Rana maintains Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) with a Overweight and lowers the price target from $47 to $45.

Keybanc Maintains Overweight on Kilroy Realty, Lowers Price Target to $45

Shares of REITs are trading lower amid a rise in Treasury yields, which could drive a rotation out of income-paying stocks.

When investors consider acquiring a stock, making an informed decision requires assessing numerous variables, including the fundamentals, historical performance, dividend growth and recent events.
Investors also need to determine whether now is an opportune moment to acquire a particular stock. How do analysts perceive the company&#8217;s prospects? Does it have a niche that makes it unique? How do the technical indicators look?
Take a look at one diversified REIT, that just announced fourth-quarter earnings and has recently replaced its CEO. So is now a good time to buy it?
Check out: You can now become a part owner of an entire <a href="https://www.benzinga.com/alternative-investments/listing/multi-family-portfolio-fund" target="_blank" rel="noreferrer noopener">portfolio of multi-family properties with as little as $500</a>.
Kilroy Realty Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) is a Los Angeles-based diversified REIT that owns and operates 115 properties, consisting of offices, life science labs and mixed-use properties on the U.S. West Coast and in parts of Texas. It also has more than 1,000 residential units on the West Coast. Its portfolio totals approximately 17 million square feet.
Kilroy Realty has a market cap of $4.04 billion. The 52-week range is $25.99-$43.37. Its recent closing price was $34.42. Kilroy Realty is a member of the S&amp;P MidCap 400 Index.
As of Dec. 31, Kilroy's stabilized portfolio was 85% occupied and 86.4% leased. Some of its largest office tenants include Stripe Inc., Salesforce Inc., Linkedin Corp. and Adobe Systems.&nbsp;
Same-store occupancy levels have declined over the past year from 91.7% to 86.3%. Occupancy on its residential properties in the fourth quarter was 92.5%.
One important note about Kilroy — Chairman and CEO John Kilroy, recently announced his retirement at the end of 2023 after 32 years of operating Kilroy Realty.&nbsp; On Dec. 14, the board announced that Angela Aman has been appointed CEO effective Jan. 22.
As for debt, about 95% of its portfolio is unencumbered. Of the debt it has, about 95% of it is fixed or capped rate. There is no outstanding balance on its unsecured revolving credit facility.
On Feb. 5, Kilroy Realty reported its fourth-quarter operating results. Funds from operations (FFO) of $1.08 beat the analysts' consensus estimate of $1.04 but was 7.69% lower than FFO of $1.17 in the same quarter a year ago. Revenue of $265.64 million missed the estimate of $284.09 and was 5.69% below revenue of $281.69 million in the fourth quarter of 2022.
Kilroy also provided full-year 2024 guidance for FFO per share of $4.10-$4.25, with a midpoint of $4.18. However, the consensus estimate was for $4.31.
Wall Street was not happy with the news and Kilroy sold off about 2% in early trading.
Analysts have not been upbeat on Kilroy recently. On Jan. 30, Deutsche Bank analyst Omotayo Okusanya initiated coverage on Kilroy Realty with a Hold rating and announced a price target of $40. On Dec. 15, Wolfe Research analyst Andrew Rosivach downgraded Kilroy Realty from Outperform to Peer Perform.
Kilroy has increased its quarterly dividend by 10.2% from $0.49 to $0.54 per share over the past five years. The annual dividend of $2.16 presently yields 6.27%. There have been no cuts nor suspensions of the dividend during that time. The payout ratio is just over 47%, suggesting that the dividend is safe.
Kilroy's share price has now pulled back about 20% from its intraday high of $42.20 on Jan. 10. Shares also fell through recent support at $33.73, leading to a decline to $33.13 after the earnings release. The dividend yield has risen about 1.2% along with the share decline.
Does that make this a good time to purchase shares in Kilroy Realty?
On the positive side, the price/FFO ratio is about 7.4% and the dividend yield is significantly higher than the five-year average of 3.89%, suggesting that shares are presently undervalued.
Technically, Kilroy appears to be getting close to a bottom, but with the weaker earnings and guidance, the potential for a further decline is still there. Analyst downgrades or price target cuts often follow a weaker earnings report and that could add pressure to the price as well in the coming days.&nbsp;
Having a significant portion of its office portfolio on the West Coast will likely keep occupancies at present or lower levels in the immediate future. Short interest is at 5.77% and likely to grow. Added to this there is a new CEO in place after more than three decades of Kilroy running the ship. It will take time to see whether the new CEO takes this REIT in new directions.
Overall, despite a few positives, at the moment, there are still better REITs to own than Kilroy Realty Corp. But should the share price drop below $30, it would be worthy of consideration.
Weekly REIT Report: REITs are one of the most misunderstood investment options, making it difficult for investors to spot incredible opportunities until it's too late. Benzinga's in-house real estate research team has been working hard to identify the greatest opportunities in today's market, which you can gain access to for free by signing up for the <a href="https://www.benzinga.com/money/reit-newsletter">Weekly REIT Report.</a>
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Guidance

Kilroy Realty Provides Nareit-defined FFO Per Share Guidance For Full Year 2024 Of $4.10-$4.25 (Est. $4.31)

Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) reported quarterly FFO of $1.08 per share which beat the analyst consensus estimate of $1.04 by 3.85 percent. This is a 7.69 percent decrease over FFO of $1.17 per share from the same period last year. The company reported quarterly Rental income of $265.64 million which missed the analyst consensus estimate of $284.09 million by 6.49 percent. This is a 5.70 percent decrease over sales of $281.69 million the same period last year.

Kilroy Realty Q4 FFO per Share $1.08 Beats $1.04 Estimate, Rental Income $265.64M Miss $284.09M Estimate

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&bull; Bright Scholar Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEDU#NYSE">BEDU</a>) is projected to report earnings for its first quarter.
&bull; IRSA Inversiones y (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IRS#NYSE">IRS</a>) is estimated to report earnings for its second quarter.
&bull; Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) is projected to report earnings for its fourth quarter.
&bull; BellRing Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRBR#NYSE">BRBR</a>) is estimated to report quarterly earnings at $0.39 per share on revenue of $412.86 million.
&bull; Hillenbrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) is expected to report quarterly earnings at $0.68 per share on revenue of $777.81 million.
&bull; NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) is estimated to report quarterly earnings at $3.63 per share on revenue of $3.40 billion.
&bull; Symbotic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) is likely to report quarterly loss at $0.06 per share on revenue of $368.89 million.
&bull; Golub Capital BDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBDC#NASDAQ">GBDC</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $160.51 million.
&bull; Kforce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KFRC#NASDAQ">KFRC</a>) is projected to report quarterly earnings at $0.79 per share on revenue of $363.36 million.
&bull; Vertex Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) is estimated to report quarterly earnings at $4.09 per share on revenue of $2.51 billion.
&bull; Itau Unibanco Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITUB#NYSE">ITUB</a>) is estimated to report quarterly earnings at $0.19 per share on revenue of $7.99 billion.
&bull; United States Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) is projected to report quarterly earnings at $0.37 per share on revenue of $299.98 million.
&bull; Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) is expected to report quarterly earnings at $0.07 per share on revenue of $602.55 million.
&bull; Skyline Champion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKY#NYSE">SKY</a>) is estimated to report quarterly earnings at $0.64 per share on revenue of $499.72 million.
&bull; AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $3.66 billion.
&bull; Amkor Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>) is expected to report quarterly earnings at $0.41 per share on revenue of $1.68 billion.
&bull; Coherent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $1.12 billion.
&bull; Simpson Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSD#NYSE">SSD</a>) is estimated to report quarterly earnings at $1.48 per share on revenue of $482.21 million.
&bull; Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) is projected to report quarterly earnings at $2.03 per share on revenue of $693.15 million.
&bull; Kimball Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KE#NASDAQ">KE</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $435.67 million.
&bull; Cabot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBT#NYSE">CBT</a>) is likely to report quarterly earnings at $1.49 per share on revenue of $952.85 million.
&bull; ChampionX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHX#NASDAQ">CHX</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $950.17 million.
&bull; Crown Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>) is estimated to report quarterly earnings at $1.43 per share on revenue of $2.95 billion.
&bull; Flexsteel Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLXS#NASDAQ">FLXS</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $102.12 million.
&bull; Gladstone Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLAD#NASDAQ">GLAD</a>) is projected to report quarterly earnings at $0.28 per share on revenue of $23.39 million.
&bull; Rambus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $134.00 million.
&bull; Chegg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHGG#NYSE">CHGG</a>) is estimated to report quarterly earnings at $0.36 per share on revenue of $187.44 million.
&bull; Simon Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>) is estimated to report earnings for its fourth quarter.
&bull; Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $151.88 million.
&bull; Intevac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVAC#NASDAQ">IVAC</a>) is estimated to report quarterly loss at $0.12 per share on revenue of $9.70 million.
&bull; FMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>) is estimated to report quarterly earnings at $1.08 per share on revenue of $1.25 billion.
&bull; J&amp;J Snack Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JJSF#NASDAQ">JJSF</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $362.88 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AMKR

BEDU

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BRBR

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FLXS

GBDC

GLAD

IDXX

ITUB

IVAC

JJSF

KFRC

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NSSC

NXPI

PLTR

RMBS

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VRTX

Earnings Scheduled For February 5, 2024

Deutsche Bank analyst Omotayo Okusanya initiates coverage on Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) with a Hold rating and announces Price Target of $40.

Deutsche Bank Initiates Coverage On Kilroy Realty with Hold Rating, Announces Price Target of $40

The Federal Reserve's latest Beige Book, a collection of economic information collected by each Federal Reserve District through Jan. 8 paints a picture of steady growth for the U.S. economy, with consumers displaying notable demand resilience <a href="https://www.benzinga.com/topic/retail">during the holiday season</a>.
&#8220;Consumers delivered some seasonal relief over the holidays,&#8221; according to the Fed Beige book released Wednesday. This trend notably exceeded expectations in three districts including New York, which &#8220;noted strong holiday spending on apparel, toys, and sporting goods.&#8221;
Holiday season trends boosted air freight volumes linked to e-commerce in Richmond, while Philadelphia experienced a rise in credit card lending. 
Additionally, increased leisure travel was a common theme across several districts, with a notable mention of New York City being exceptionally lively, as described by a tourism industry contact.
The St. Louis district reported strong growth in leisure travel, with contacts citing an optimistic outlook for the coming year.
Sectoral, Regional Economic Divergences: While consumer spending and travel demand provided a reason for optimism, the Beige Book&#8217;s narrative was not uniformly positive across all sectors and regions.
&#8220;Nearly all Districts reported decreases in manufacturing activity,&#8221; the Beige Book stated. 
High interest rates continue to impose limitations on auto sales and real estate deals, although the potential of rate decreases has sparked a sense of hope across various sectors.
Business outlooks ranged from neutral to pessimistic in the Dallas Fed District, highlighting weakening demand as a primary concern.
In the Kansas City District, the commercial real estate sector faced challenges, with transactions being suppressed and loan modification activities hindered by lender apprehensions.
Market Reactions: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), mirroring the S&amp;P 500, attempted to rebound from its daily lows at 2:15 p.m. ET, yet it remained down by 0.8% during the session. 
Office REITs experienced a sell-off, resulting in the VanEck Office and Commercial REIT ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESK#NYSE">DESK</a>) declining by 3.6%, marking its most substantial one-day loss since early October.
Tech stocks continued to underperform, with the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) down 1%. The real estate sector saw notable laggards on Thursday. The sector&#8217;s gauge, as tracked by the Vanguard Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNQ#NYSE">VNQ</a>), tumbled 2.3%. More substantial losses were observed in specific companies, with Boston Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXP#NYSE">BXP</a>), Healthpeak Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEAK#NYSE">PEAK</a>), Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) and Kilroy Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) all witnessing declines ranging from 4% to 5%.
Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36665740/us-stocks-sink-tech-and-real-estate-hit-hard-amid-rate-concerns-dollar-surge-whats-">US Stocks Sink, Tech And Real Estate Hit Hard Amid Rate Concerns, Dollar Surge: What&#8217;s Driving Markets Wednesday?</a>
Federal Reserve Chair Jerome Powell. Photo courtesy of the Federal Reserve.

Another day of losses shook up Wednesday&#8217;s stock trading session <a href="https://www.benzinga.com/topic/wall-street">on Wall Street</a>.
All major U.S. stock indices in the red, as investors expressed concerns that the Federal Reserve is not in a rush to reduce <a href="https://www.benzinga.com/topic/interest-rates">interest rates early this year.</a>
Market-implied probabilities of a rate cut by the Fed in March have declined to as low as 50%, down from over 70% at the beginning of the week, following recent hawkish statements from the Fed officials and <a href="https://www.benzinga.com/markets/equities/24/01/36659850/annual-retail-sales-surge-by-5-6-in-december-hit-10-month-high-showcase-robust-consumer-demand">stronger-than-expected economic data.</a>
On Thursday, retail sales figures for December exceeded expectations, rising by 0.6% month-over-month, surpassing the predicted 0.4%, and showing a year-over-year surge of 5.6%, marking the highest annual growth since January 2023.
Treasury yields inched higher, with the 10-year benchmark reaching 4.10%, and the dollar reached a monthly high. Virtually every sector recorded losses, with the most significant declines occurring in rate-sensitive sectors, specifically within real estate, consumer discretionary, and technology stocks. 
The Nasdaq 100 declined by 1%, while small-cap stocks, as tracked by the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), continued to underperform, falling by 1.6%.
Gold dropped by 1%, silver fell by 1.5%, and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was down by 1.9%.
The CBOE Volatility Index, also known as &#8216;VIX&#8217;, rose over 8%, indicating rising investor fear <a href="https://www.benzinga.com/markets/equities/24/01/36660611/vix-at-2-month-high-fears-mount-as-markets-re-assess-rate-cut-premium">in the stock market. </a>
<h2 class="wp-block-heading">Wednesday&#8217;s Performance In US Major Indices, ETFs</h2>
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>US Major Indices</th>
<th>Price</th>
<th>Chg</th>
<th>%</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dow Jones</td>
<td>37,251.06</td>
<td>-110.06</td>
<td>-0.3%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>4,733.64</td>
<td>-32.34</td>
<td>-0.7%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>16,666.90</td>
<td>-163.81</td>
<td>-1.0%</td>
</tr>
<tr>
<td>Russell 2000 ETF</td>
<td>1,905.17</td>
<td>-2.08</td>
<td>-1.1%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.7% to $471.65, the SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) inched 0.3% down to $372.65 and the tech-heavy Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) was 1% lower to $405.66, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>. 
Sector-wise, almost all S&amp;P 500 sectors recorded losses, with the Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) sharply underperforming, down 2.3%. 
The Utilities Select Sector Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>), Consumer Discretionary Select Sector Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) and the Technology Select Sector Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) followed suit, down 1.6%, 1.2% and 0.9% respectively. 
The Health Care Select Sector Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) was the only one flat for the day. 
On an industry level, the SPDR S&amp;P Insurance ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIE#NYSE">KIE</a>) rose 0.2%. Solar stocks, as tracked by the Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) and gold miners, as monitored through the VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) continued to underperformed, down 3.4% and 2.5% respectively. 
<h2 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h2>
Real estate stocks Boston Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXP#NYSE">BXP</a>) and Healthpeak Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEAK#NYSE">PEAK</a>) recorded the largest losses within the S&amp;P 500 index, down 4.5% and 4.2% respectively, amid rising risks that the Federal Reserve could postpone the start of its rate-cut cycle. 
Other sector players, such as Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>) and Kilroy Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>), fell 5.6% and 4.7%, respectively. 
Maplebear Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CART#NASDAQ">CART</a>)&#8217;s Instacart spiked over 8% after Wolfe Research upgraded the online grocery shopping company from peer performance to outperform. Wolfe Research analyst Deepak Mathivanan also speculated over a potential takeover bid from Uber Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NASDAQ">UBER</a>).
Shares of low-cost airline Spirit Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) tumbled by over 20% Thursday, after falling as much as 47% Wednesday after a U.S. judge blocked the airline&#8217;s $3.8 billion merger with JetBlue Airways Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NYSE">JBLU</a>). The latter fell over 8% Thursday.
Meanwhile, EV-related stocks tumbled:
<ul>
<li>Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) fell over 8% after Deutsche Bank downgraded the company&#8217;s stock from buy to hold and cut its price target from $29 to $19. </li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell 2.8%, after UBS cut its price target from $250 to $229. </li>
<li>Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) fell 5%, on track for its 13th negative session out of the last 14. </li>
<li>Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) tumbled over 10%.</li>
</ul>
Read Now: <a href="https://www.benzinga.com/markets/latin-america/24/01/36663143/argentinas-milei-condemns-socialism-at-davos-warns-against-left-wing-doctors-attacking-capi">Argentina&#8217;s Milei Condemns Socialism At Davos, Warns Against &#8216;Left-Wing Doctors&#8217; Attacking Capitalism</a>
Image: Shutterstock

US Stocks Sink, Tech And Real Estate Hit Hard Amid Rate Concerns, Dollar Surge: What's Driving Markets Wednesday?

Wolfe Research analyst Andrew Rosivach downgrades Kilroy Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>) from Outperform to Peer Perform.

Wolfe Research Downgrades Kilroy Realty to Peer Perform

Archer Aviation skies on plans for San Francisco-area air mobility network

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Archer Aviation (NYSE:<a href="https://investorplace.com/stock-quotes/achr-stock-quote/">ACHR</a>) stock is surging today, up more than 15% as of this writing after the company revealed its planned <a href="https://finance.yahoo.com/news/archer-announces-planned-san-francisco-130000987.html">San Francisco air mobility network</a>. Indeed, the aviation company plans to construct a network connecting five locations within the Bay Area.



What does this mean for ACHR stock?



Well, if today&rsquo;s jump is any indication, it&rsquo;s seems like a very strong new development for Archer &mdash; and for residents of San Francisco. Per Archer&rsquo;s announcement, the air mobility network will allow intracity travel via short flights throughout the area.&nbsp;



According to the press release, people will be able to take 10 to 20 minute flights within the network, saving them from potential hours of auto traffic.&nbsp;



Archer has already pinpointed the Kilroy Oyster Point as a &ldquo;critical hub&rdquo; in the network. As such, Archer has partnered with Kilroy Realty (NYSE:<a href="https://investorplace.com/stock-quotes/krc-stock-quote/">KRC</a>) for the development of certain logistics, including a potential &ldquo;Sea Portal waterfront mobility hub&rdquo; for aircraft and electric ferry operations.



&ldquo;We&rsquo;re thrilled to collaborate with Kilroy on developing infrastructure to support Archer&rsquo;s air mobility service and laying the foundation for a robust network of landing sites throughout the Bay Area,&rdquo; said Bryan Bernhard, Chief Growth &amp; Infrastructure Officer at Archer. &ldquo;I applaud Kilroy&rsquo;s vision as one of the first developers to see our mobility service as a differentiating amenity for their real estate portfolio.&rdquo;



<h2>ACHR Stock Jumps in Otherwise Poor Year for the Company</h2>



Despite today&rsquo;s uptick, ACHR stock is still well in the red for the year. Indeed, ACHR is down about 37% year-to-date (YTD), even as the S&amp;P 500 enjoys gains of more than 15% over the same period.&nbsp;



A number of issues have plagued the commercial eVTOL aircraft company this year, especially <a href="https://finance.yahoo.com/news/archer-aviation-inc-achr-reports-213349551.html">rising costs</a>. It&rsquo;s unclear whether today&rsquo;s jump is the start of a new chapter for Archer, or a blip on the radar.&nbsp;



On the date of publication, Shrey Dua did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>With degrees in economics and journalism, Shrey Dua leverages his ample experience in media and reporting to contribute well-informed articles covering everything from financial regulation and the electric vehicle industry to the housing market and monetary policy. Shrey&rsquo;s articles have featured in the likes of Morning Brew, Real Clear Markets, the Downline Podcast, and more.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/06/archer-aviation-achr-stock-pops-on-san-francisco-plans/">Archer Aviation (ACHR) Stock Pops on San Francisco Plans</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Archer Aviation (ACHR) Stock Pops on San Francisco Plans

Commercial property mid-year outlook: 'cracks are forming beneath the surface'

Dividend Champion, Contender, And Challenger Highlights: Week Of June 23

Dividend Champion, Contender, And Challenger Highlights: Week Of July 7

REITs Rip As Rates Retreat

RBC Capital analyst Michael Carroll maintained a Hold rating on Kilroy Realty (KRC – Research Report) on July 12 and set a price target of $39.00. ...

Kilroy Realty (KRC) Gets a Hold from RBC Capital

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The market&rsquo;s breadth broadened last week as yields fell on a cooler inflation report. In June, the <a href="https://www.bls.gov/news.release/pdf/cpi.pdf">Consumer Price Index</a> increased 3% year-on-year and declined 0.1% month-over-month, raising the prospects of a rate cut in September. In response, there was a rotation out of the Magnificent Seven into the rest of the market. If this rotation keeps up, it&rsquo;s an opportune time to consider some bargain stocks to buy now.



Although rate cuts improve stock return prospects, being selective at these levels is vital. The momentum in information technology and communication sectors has carried the markets so far. But with valuations in some of the year-to-date leaders stretched, it&rsquo;s time to rotate into cheaper stocks. Remember, we are headed into the seasonally weak August to October period, with the U.S. elections likely to increase volatility.



Therefore, seek safety in these bargain stocks to buy now. Due to their lower valuations, they offer downside protection in case volatility increases. Moreover, if market breadth improves, they have substantial upside as they catch up to their growth counterparts.



<h2>Devon Energy (DVN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/devon-dvn-1600-300x169.jpg" alt="The logo for Devon Energy (DVN) is displayed on a sign outside an office."><div>Source: Jeff Whyte / Shutterstock.com</div></div>One of the value sectors with many bargain stocks to buy now is energy. The sector trades at a next-twelve-month price-to-earnings of 12.1 versus the S&amp;P 500&rsquo;s 21.6. Even better, Devon Energy (NYSE:<a href="https://investorplace.com/stock-quotes/dvn-stock-quote/">DVN</a>) is cheaper at a 8 times forward P/E multiple.



After shedding its Barnett Shale, Canadian interests and Enlink Midstream interest, Devon is now a U.S. shale-focused exploration and production company. Today, it&rsquo;s one of the lowest-cost producers with prime assets in the Bakken and Delaware Basin. All in all, Devon has exposure to five U.S. shale basins that guarantee a 17-year inventory life.



Moreover, the oil company is still enhancing its assets. On July 8, it announced a <a href="https://www.reuters.com/markets/deals/devon-energy-buy-grayson-mills-williston-business-5-bln-2024-07-08/">$5 billion acquisition</a> of the Williston Basin business of Grayson Mill Energy. The deal adds a higher margin production mix and makes Devon one of the largest U.S. oil producers, with estimated production of 765,000 oil-equivalent barrels per day. Furthermore, the deal is immediately accretive to free cash flow and earnings.



Since the deal is accretive, Devon increased its buyback through mid-year 2026 by 67% to $5 billion. Also, the deal is accretive to its fixed-plus-variable dividend payout which means an increase to the latest $0.35 per share payout. This oil producer is cheap and has an impressive shareholder return program; it&rsquo;s a buy.



<h2>General Motors (GM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/gm-stock-6-300x169.jpg" alt="Image of General Motors (GM) logo on corporate building with clear sky in the background."><div>Source: Katherine Welles / Shutterstock.com</div></div>In fiscal year 2023, General Motors (NYSE:<a href="https://investorplace.com/stock-quotes/gm-stock-quote/">GM</a>) delivered a net income of $10.1 billion and adjusted EBIT of $12.4 billion. Despite these amazing profits, GM stock is priced like a business in decline. At 5 times forward earnings, it priced like a distressed stock, yet it grew net income by 5.2% in 2023. What&rsquo;s more, GM is seeing growth opportunities in EVs.



The main reason to be excited about General Motors is its capital return program at these attractive levels. The auto maker announced a $10 billion accelerated share repurchase in November 2023. Consequently, on June 11, its board <a href="https://investor.gm.com/news-releases/news-release-details/gm-board-approves-new-6-billion-share-repurchase-authorization">approved a $6 billion buyback</a> to allow opportunistic repurchases once the accelerated plan is exhausted.



These plans will shrink share count by over 25% and are accretive to earnings. Management estimates repurchases of $1.4 billion and $300 million in dividends in the first half of 2024. According to <a href="https://youtu.be/bTrSYAwVhXU?si=V8A-xruQYAyjsnhj&amp;t=99">Oakmark&rsquo;s Bill Nygren</a>, if GM maintains 2023 net income levels, EPS will go up by 40% due to these repurchases.



Besides the accretive repurchases, green shoots are emerging in the EV business. <a href="https://investor.gm.com/news-releases/news-release-details/gm-q2-sales-china-growing-nev-lineup-and-deliveries">Q2 new energy vehicles (NEVs) sales</a> in China rose to over 143,000 units, a 24.1% YOY increase. With this combination of growth and value, General Motors is one of the top bargain stocks to buy now.



<h2>Kilroy Realty (KRC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/office-1600-300x169.png" alt="Group of colleagues discuss something in an office conference room. commercial real estate"><div>Source: GaudiLab / Shutterstock</div></div>Kilroy Realty (NYSE:<a href="https://investorplace.com/stock-quotes/krc-stock-quote/">KRC</a>) is one of the bargain stocks to buy now in the real estate sector. This REIT develops and operates mixed-use, class A office and life science real estate in the San Francisco Bay Area, Los Angeles, San Diego, Seattle and Austin. Although the West Coast office market remains stressed, office occupancy rates are increasing, boosting net operating income.



Moreover, a focus on the rapidly growing life sciences market is a key differentiator. Due to drug innovation and an aging population, this segment is well-positioned for growth. Kilroy is increasing life science tenants through projects such as <a href="https://www.kilroyoysterpoint.com/">Kilroy Oyster Point</a>.



In Q1 2024 results, management noted improving demand trends. First, the REIT recorded the highest first quarter leasing volume since 2017. Regarding life science demand in the Bay Area and South San Francisco, they highlighted that demand was tracking at 2.5 million square feet, a 25% increase from Q4 2023.



With occupancy in office improving and the life science portfolio driving growth, Kilroy is one of the bargain stocks to buy now. A forward price-to-funds from operations of 8 and a 6% dividend yield is too attractive to pass over.



On the date of publication, Charles Munyi did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a>



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;
















<div>Charles Munyi has extensive writing experience in various industries, including personal finance, insurance, technology, wealth management and stock investing. He has written for a wide variety of financial websites including Benzinga, The Balance and Investopedia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-bargain-stocks-to-buy-now-q3-edition/">3 Bargain Stocks to Buy Now: Q3 Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Bargain Stocks to Buy Now: Q3 Edition

In a report released today, Blaine Heck from Wells Fargo maintained a Buy rating on Kilroy Realty (KRC – Research Report), with a price target of $...


Daniel GoldmanHouse (D-NY)	$15K - $50K	stock	Sale	Aug 13, 2023	Jul 12, 2023	House
Daniel GoldmanHouse (D-NY)	$15K - $50K	stock	Purchase	Apr 17, 2023	Mar 06, 2023	House

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