NYSE:KREFKKR Real Estate Finance Trust Stock Price, Forecast & News

KKR Real Estate Finance Trust's stock was trading at $18.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, KREF shares have decreased by 10.9% and is now trading at $16.24. View which stocks have been most impacted by Coronavirus.

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

KKR Real Estate Finance Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for KKR Real Estate Finance Trust.

KKR Real Estate Finance Trust Inc (NYSE:KREF) posted its quarterly earnings results on Tuesday, April, 28th. The company reported $0.44 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.04. The firm earned $32 million during the quarter, compared to analyst estimates of $30.76 million. KKR Real Estate Finance Trust had a net margin of 16.08% and a return on equity of 8.83%. View KKR Real Estate Finance Trust's earnings history.

KKR Real Estate Finance Trust announced a quarterly dividend on Monday, June 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.43 per share on Wednesday, July 15th. This represents a $1.72 annualized dividend and a yield of 10.59%. The ex-dividend date of this dividend is Monday, June 29th. View KKR Real Estate Finance Trust's dividend history.

4 brokerages have issued 1-year target prices for KKR Real Estate Finance Trust's stock. Their forecasts range from $14.00 to $20.50. On average, they expect KKR Real Estate Finance Trust's share price to reach $17.63 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View analysts' price targets for KKR Real Estate Finance Trust.

News headlines about KREF stock have been trending negative recently, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KKR Real Estate Finance Trust earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about KKR Real Estate Finance Trust.

KKR Real Estate Finance Trust saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,270,000 shares, a drop of 30.2% from the May 31st total of 3,250,000 shares. Based on an average trading volume of 782,100 shares, the short-interest ratio is presently 2.9 days. Currently, 8.4% of the shares of the stock are short sold. View KKR Real Estate Finance Trust's Current Options Chain.

Some companies that are related to KKR Real Estate Finance Trust include Physicians Realty Trust (DOC), Blackstone Mortgage Trust (BXMT), Rayonier (RYN), Sabra Health Care REIT (SBRA), Corporate Office Properties Trust (OFC), Keppel REIT (KREVF), Howard Hughes (HHC), New Residential Investment (NRZ), Lexington Realty Trust (LXP), National Health Investors (NHI), Great Portland Estates (GPEAF), EPR Properties (EPR), Potlatchdeltic (PCH), Weingarten Realty Investors (WRI) and Taubman Centers (TCO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other KKR Real Estate Finance Trust investors own include New Residential Investment (NRZ), AGNC Investment (AGNC), AT&T (T), Energy Transfer LP Unit (ET), Kinder Morgan (KMI), Ares Capital (ARCC), ANNALY CAP MGMT/SH (NLY), Starwood Property Trust (STWD), Invesco Mortgage Capital (IVR) and KKR & Co Inc (KKR).

(KREF) raised $210 million in an initial public offering (IPO) 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 acted as the underwriters for the IPO and Barclays, Goldman, Sachs, J.P. Morgan and Keefe, Bruyette & Woods (A Stifel Company) were co-managers.

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of KREF stock can currently be purchased for approximately $16.24.

KKR Real Estate Finance Trust has a market capitalization of $901.00 million and generates $115.47 million in revenue each year. The company earns $89.96 million in net income (profit) each year or $1.67 on an earnings per share basis.

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

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]