NYSE:KREF - KKR Real Estate Finance Trust Stock Price, Price Target & More

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$20.64 -0.04 (-0.19 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$20.64
Today's Range$20.62 - $20.7750
52-Week Range$18.09 - $21.82
Volume71,755 shs
Average Volume68,241 shs
Market Capitalization$1.10 billion
P/E Ratio16.92
Dividend Yield8.32%
Beta-0.45
KKR Real Estate Finance Trust logoKKR 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

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:KREF
CUSIPN/A
Phone212-750-8300

Debt

Debt-to-Equity Ratio1.22
Current Ratio1,447.29
Quick Ratio1,447.29

Price-To-Earnings

Trailing P/E Ratio16.92
Forward P/E Ratio12.36
P/E Growth2.47

Sales & Book Value

Annual Sales$83.14 million
Price / Sales13.17
Cash Flow$1.0238 per share
Price / Cash20.16
Book Value$19.73 per share
Price / Book1.05

Profitability

EPS (Most Recent Fiscal Year)$1.22
Net Income$59.06 million
Net Margins70.71%
Return on Equity6.18%
Return on Assets0.91%

Miscellaneous

EmployeesN/A
Outstanding Shares53,030,000
Market Cap$1,096.70

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 Monday, May 7th. Investors of record on Friday, June 29th will be given a dividend of $0.43 per share on Friday, July 13th. This represents a $1.72 annualized dividend and a yield of 8.33%. The ex-dividend date of this dividend is Thursday, June 28th. This is a boost from KKR Real Estate Finance Trust's previous quarterly dividend of $0.40. 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) announced its quarterly earnings results on Wednesday, May, 9th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The business earned $31.69 million during the quarter, compared to analyst estimates of $33.40 million. KKR Real Estate Finance Trust had a net margin of 70.71% and a return on equity of 6.18%. 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 Monday, August, 6th 2018. View Earnings Estimates for KKR Real Estate Finance Trust.

What price target have analysts set for KREF?

4 analysts have issued 1 year target prices for KKR Real Estate Finance Trust's shares. Their predictions range from $21.50 to $23.00. On average, they anticipate KKR Real Estate Finance Trust's share price to reach $22.1667 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Ratings for KKR Real Estate Finance Trust.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KKR Real Estate Finance Trust in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

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 39)
  • Mr. Matthew A. Salem, Co-CEO & Co-Pres (Age 44)
  • Mr. W. Patrick Mattson, COO & Sec. (Age 44)
  • Mr. Mostafa Nagaty, CFO & Treasurer (Age 40)
  • Ms. Sasha Hamilton, Head of Investor Relations

When did KKR Real Estate Finance Trust IPO?

(KREF) raised $210 million in an initial public offering on Friday, May 5th 2017. The company issued 10,000,000 shares at a price of $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.

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

News stories about KREF stock have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KKR Real Estate Finance Trust earned a daily sentiment score of -0.02 on Accern's scale. They also gave news articles about the company an impact score of 47.17 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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

KKR Real Estate Finance Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.01%). Company insiders that own KKR Real Estate Finance Trust stock include Christen EJ Lee and Deborah H Mcaneny. View Institutional Ownership Trends for KKR Real Estate Finance Trust.

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

KREF stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. 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 $20.64.

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

KKR Real Estate Finance Trust has a market capitalization of $1.10 billion and generates $83.14 million in revenue each year. The company earns $59.06 million in net income (profit) each year or $1.22 on an earnings per share basis.

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:  113 (Vote Outperform)
Underperform Votes:  140 (Vote Underperform)
Total Votes:  253
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 7/21/2018 by MarketBeat.com Staff

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