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

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$19.52 -0.05 (-0.26 %)
(As of 12/17/2018 07:44 AM ET)
Previous Close$19.57
Today's Range$19.49 - $19.67
52-Week Range$18.09 - $21.41
Volume411,142 shs
Average Volume283,572 shs
Market Capitalization$1.13 billion
P/E Ratio16.00
Dividend Yield8.81%
Beta-0.07
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

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

Debt

Debt-to-Equity Ratio1.97
Current Ratio530.45
Quick Ratio530.44

Price-To-Earnings

Trailing P/E Ratio16.00
Forward P/E Ratio10.67
P/E Growth2.14

Sales & Book Value

Annual Sales$83.14 million
Price / Sales13.62
Cash Flow$1.0257 per share
Price / Cash Flow19.03
Book Value$19.73 per share
Price / Book0.99

Profitability

EPS (Most Recent Fiscal Year)$1.22
Net Income$59.06 million
Net Margins56.20%
Return on Equity8.84%
Return on Assets1.61%

Miscellaneous

EmployeesN/A
Outstanding Shares58,020,000
Market Cap$1.13 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 declared a quarterly dividend on Tuesday, September 11th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.43 per share on Friday, October 12th. This represents a $1.72 annualized dividend and a dividend yield of 8.81%. The ex-dividend date of this dividend is Thursday, September 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 quarterly earnings data on Monday, November, 5th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.03. The firm 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 net margin of 56.20% and a return on equity of 8.84%. 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 equities research analysts have issued 1 year price objectives for KKR Real Estate Finance Trust's shares. Their forecasts range from $20.00 to $22.00. On average, they anticipate KKR Real Estate Finance Trust's stock price to reach $21.20 in the next twelve months. This suggests a possible upside of 8.6% 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 sell 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 headlines about KREF stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog 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 media sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely 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, 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 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 acted 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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.27%), Vanguard Group Inc (4.27%), BlackRock Inc. (3.49%), Acadian Asset Management LLC (0.62%), Renaissance Technologies LLC (0.55%) and Resource America Inc. (0.42%). 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 major investors are buying KKR Real Estate Finance Trust stock?

KREF stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc, Vanguard Group Inc., Resource America Inc., Renaissance Technologies LLC, Bessemer Group Inc., Acadian Asset Management LLC and JPMorgan Chase & Co.. 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 $19.52.

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

KKR Real Estate Finance Trust has a market capitalization of $1.13 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:  144 (Vote Outperform)
Underperform Votes:  176 (Vote Underperform)
Total Votes:  320
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 12/17/2018 by MarketBeat.com Staff

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