NYSE:KREF - KKR Real Estate Finance Trust Stock Price, News, & Analysis

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$20.14 -0.03 (-0.15 %)
(As of 03/21/2019 09:29 AM ET)
Previous Close$20.17
Today's Range$20.12 - $20.33
52-Week Range$18.54 - $21.41
Volume171,272 shs
Average Volume296,851 shs
Market Capitalization$1.19 billion
P/E Ratio10.49
Dividend Yield8.53%
Beta0.12
KKR Real Estate Finance Trust Inc., a real estate finance company, focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. The company engages in the origination and purchase of credit investments related to commercial real estate, including leveraged and unleveraged commercial mortgage loans, and commercial mortgage-backed securities. It has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2014 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:KREF
CUSIPN/A
Phone212-750-8300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$183.57 million
Cash Flow$1.7729 per share
Book Value$19.35 per share

Profitability

Net Income$89.74 million

Miscellaneous

EmployeesN/A
Market Cap$1.19 billion
Next Earnings Date5/8/2019 (Estimated)
OptionableNot Optionable

KKR Real Estate Finance Trust (NYSE:KREF) Frequently Asked Questions

What is KKR Real Estate Finance Trust's stock symbol?

KKR Real Estate Finance Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "KREF."

How often does KKR Real Estate Finance Trust pay dividends? What is the dividend yield for KKR Real Estate Finance Trust?

KKR Real Estate Finance Trust declared a quarterly dividend on Tuesday, March 19th. Stockholders of record on Friday, March 29th will be given a dividend of $0.43 per share on Friday, April 12th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 8.54%. The ex-dividend date of this dividend is Thursday, March 28th. View KKR Real Estate Finance Trust's Dividend History.

How were KKR Real Estate Finance Trust's earnings last quarter?

KKR Real Estate Finance Trust Inc (NYSE:KREF) released its quarterly earnings results on Wednesday, February, 20th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.02. The company had revenue of $59.62 million for the quarter, compared to the consensus estimate of $30.10 million. KKR Real Estate Finance Trust had a net margin of 48.98% and a return on equity of 9.15%. View KKR Real Estate Finance Trust's Earnings History.

When is KKR Real Estate Finance Trust's next earnings date?

KKR Real Estate Finance Trust is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for KKR Real Estate Finance Trust.

What price target have analysts set for KREF?

5 brokers have issued 12 month price objectives for KKR Real Estate Finance Trust's shares. Their forecasts range from $20.50 to $22.00. On average, they expect KKR Real Estate Finance Trust's share price to reach $21.30 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Price Targets for KKR Real Estate Finance Trust.

What is the consensus analysts' recommendation for KKR Real Estate Finance Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KKR Real Estate Finance Trust in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for KKR Real Estate Finance Trust.

Has KKR Real Estate Finance Trust been receiving favorable news coverage?

News headlines about KREF stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KKR Real Estate Finance Trust earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the next several days.

Who are some of KKR Real Estate Finance Trust's key competitors?

What other stocks do shareholders of KKR Real Estate Finance Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other KKR Real Estate Finance Trust investors own include New Residential Investment (NRZ), Uniti Group (UNIT), Kinder Morgan (KMI), Global Medical REIT (GMRE), Energy Transfer LP Unit (ET), KKR & Co Inc (KKR), TPG RE Finance Trust (TRTX), MONDI/PAR VTG FPD 0.2 (MNDI), Ladder Capital (LADR) and General Electric (GE).

Who are KKR Real Estate Finance Trust's key executives?

KKR Real Estate Finance Trust's management team includes the folowing people:
  • Mr. Christen E. J. Lee, Co-CEO & Co-Pres (Age 40)
  • Mr. Matthew A. Salem, Co-CEO & Co-Pres (Age 45)
  • Mr. W. Patrick Mattson CFA, COO & Sec. (Age 45)
  • Mr. Mostafa Nagaty, CFO & Treasurer (Age 41)
  • Ms. Sasha Hamilton, Investor Relations Principal

When did KKR Real Estate Finance Trust IPO?

(KREF) raised $210 million in an initial public offering (IPO) on Friday, May 5th 2017. The company issued 10,000,000 shares at $20.50-$21.50 per share. Wells Fargo Securities, Morgan Stanley and KKR served as the underwriters for the IPO and Barclays, Goldman, Sachs, J.P. Morgan and Keefe, Bruyette & Woods (A Stifel Company) were co-managers.

Who are KKR Real Estate Finance Trust's major shareholders?

KKR Real Estate Finance Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Kohlberg Kravis Roberts & Co. L.P. (37.61%), BlackRock Inc. (4.04%), Nuveen Asset Management LLC (1.09%), Acadian Asset Management LLC (1.02%), Elliott Management Corp (0.89%) and Geode Capital Management LLC (0.54%). Company insiders that own KKR Real Estate Finance Trust stock include Christen EJ Lee, Deborah H Mcaneny and Value Spn-Kref Holdin Tactical. View Institutional Ownership Trends for KKR Real Estate Finance Trust.

Which institutional investors are selling KKR Real Estate Finance Trust stock?

KREF stock was sold by a variety of institutional investors in the last quarter, including Kohlberg Kravis Roberts & Co. L.P., Nuveen Asset Management LLC, Bessemer Group Inc., Millennium Management LLC, D. E. Shaw & Co. Inc., Barclays PLC and MetLife Investment Advisors LLC. View Insider Buying and Selling for KKR Real Estate Finance Trust.

Which institutional investors are buying KKR Real Estate Finance Trust stock?

KREF stock was bought by a variety of institutional investors in the last quarter, including Elliott Management Corp, BlackRock Inc., Acadian Asset Management LLC, Prudential Financial Inc., Northpointe Capital LLC, Bank of America Corp DE, Martingale Asset Management L P and Two Sigma Investments LP. Company insiders that have bought KKR Real Estate Finance Trust stock in the last two years include Christen EJ Lee and Deborah H Mcaneny. View Insider Buying and Selling for KKR Real Estate Finance Trust.

How do I buy shares of KKR Real Estate Finance Trust?

Shares of KREF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is KKR Real Estate Finance Trust's stock price today?

One share of KREF stock can currently be purchased for approximately $20.14.

How big of a company is KKR Real Estate Finance Trust?

KKR Real Estate Finance Trust has a market capitalization of $1.19 billion and generates $183.57 million in revenue each year. The company earns $89.74 million in net income (profit) each year or $1.92 on an earnings per share basis.

What is KKR Real Estate Finance Trust's official website?

The official website for KKR Real Estate Finance Trust is http://www.kkrreit.com.

How can I contact KKR Real Estate Finance Trust?

KKR Real Estate Finance Trust's mailing address is 9 WEST 57TH STREET SUITE 4200, NEW YORK NY, 10019. The company can be reached via phone at 212-750-8300 or via email at [email protected]


MarketBeat Community Rating for KKR Real Estate Finance Trust (NYSE KREF)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  151 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  340
MarketBeat's community ratings are surveys of what our community members think about KKR Real Estate Finance Trust and other stocks. Vote "Outperform" if you believe KREF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KREF will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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