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

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$20.18 +0.02 (+0.10 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$20.16
Today's Range$20.11 - $20.38
52-Week Range$18.09 - $21.41
Volume12,749 shs
Average Volume369,878 shs
Market Capitalization$1.17 billion
P/E Ratio16.54
Dividend Yield8.59%
Beta-0.06
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

Current Ratio530.45
Quick Ratio530.44

Price-To-Earnings

Sales & Book Value

Annual Sales$83.14 million
Price / Sales14.20
Cash Flow$1.0338 per share
Price / Cash Flow19.52
Book Value$19.73 per share
Price / Book1.02

Profitability

Net Income$59.06 million
Net Margins56.20%
Return on Assets1.61%

Miscellaneous

EmployeesN/A
Market Cap$1.17 billion
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 announced a quarterly dividend on Tuesday, December 18th. Investors of record on Friday, December 28th will be given a dividend of $0.43 per share on Friday, January 11th. This represents a $1.72 dividend on an annualized basis and a yield of 8.52%. The ex-dividend date of this dividend is Thursday, December 27th. 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) posted its earnings results on Monday, November, 5th. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.03. The company had revenue of $51.90 million for the quarter, compared to the consensus estimate of $46.10 million. KKR Real Estate Finance Trust had a return on equity of 8.84% and a net margin of 56.20%. 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, February 27th 2019. View Earnings Estimates for KKR Real Estate Finance Trust.

What price target have analysts set for KREF?

6 analysts have issued 1 year 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 stock price to reach $21.30 in the next year. This suggests a possible upside of 5.5% 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?

6 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 5 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 stories about KREF stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KKR Real Estate Finance Trust earned a daily sentiment score of -1.2 on InfoTrie's scale. They also gave news stories about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days.

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 CFA, COO & Sec. (Age 44)
  • Mr. Mostafa Nagaty, CFO & Treasurer (Age 40)
  • Ms. Sasha Hamilton, Investor Relations Principal

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.

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 $20.19.

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

KKR Real Estate Finance Trust has a market capitalization of $1.17 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.

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:  146 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  327
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 1/16/2019 by MarketBeat.com Staff

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