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

$20.71 0.23 (1.12 %)
(As of 11/23/2017 04:10 AM ET)
Previous Close$20.48
Today's Range$20.37 - $20.75
52-Week Range$19.57 - $23.99
Volume32,700 shs
Average Volume66,473 shs
Market Capitalization$1.10 billion
P/E RatioN/A
Dividend Yield7.26%
BetaN/A

About KKR Real Estate Finance Trust (NYSE:KREF)

KKR Real Estate Finance Trust logoKKR Real Estate Finance Trust Inc is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by commercial real estate assets (CRE). KKR manages investments across multiple asset classes, including private equity, real estate, energy, infrastructure, credit and hedge funds. The Company’s investment strategy is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets. Its target assets also include mezzanine loans, preferred equity and other debt-oriented instruments. The Company’s investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, primarily through dividends.


Industry, Sector and Symbol

Industry Mortgage REITs
Sub-IndustryN/A
SectorFinance
SymbolNYSE:KREF
  • Previous Symbol: NASDAQ:KREF
  • CUSIPN/A

    Debt

    Debt-to-Equity Ratio0.71%
    Current Ratio1,736.11%
    Quick Ratio1,736.11%

    Price-To-Earnings

    Trailing P/E RatioN/A
    Forward P/E RatioN/A
    P/E GrowthN/A

    Sales & Book Value

    Annual Sales$41.19 million
    Price / Sales26.99
    Cash FlowN/A
    Price / CashN/A
    Book Value$19.78 per share
    Price / Book1.05

    Dividend

    Annual Dividend$1.48
    Dividend Yield7.3%

    Profitability

    Trailing EPSN/A
    Net Income$31.15 million
    Net Margins77.41%
    Return on Equity6.08%
    Return on Assets0.75%

    Miscellaneous

    EmployeesN/A
    Outstanding Shares53,690,000

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

    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 Thursday, September 14th. Shareholders of record on Saturday, September 30th will be given a dividend of $0.37 per share on Thursday, October 12th. This represents a $1.48 annualized dividend and a dividend yield of 7.15%. The ex-dividend date of this dividend is Thursday, September 28th. View KKR Real Estate Finance Trust's Dividend History.

    When will KKR Real Estate Finance Trust make its next earnings announcement?

    KKR Real Estate Finance Trust is scheduled to release their next quarterly earnings announcement on Tuesday, February, 6th 2018. View Earnings Estimates for KKR Real Estate Finance Trust.

    Where is KKR Real Estate Finance Trust's stock going? Where will KKR Real Estate Finance Trust's stock price be in 2017?

    3 brokers have issued 12 month price targets for KKR Real Estate Finance Trust's shares. Their forecasts range from $22.00 to $23.00. On average, they anticipate KKR Real Estate Finance Trust's stock price to reach $22.50 in the next year. View Analyst Ratings for KKR Real Estate Finance Trust.

    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:

    • Ralph F. Rosenberg, Chairman of the Board (Age 52)
    • Christen E.J. Lee, Co-President, Co-Chief Executive Officer (Age 38)
    • Matthew A. Salem, Co-President, Co-Chief Executive Officer (Age 43)
    • William B. Miller, Chief Financial Officer, Treasurer (Age 36)
    • W. Patrick Mattson, Chief Operating Officer, Secretary (Age 43)
    • Terrance R. Ahern, Director Nominee (Age 61)
    • R. Craig Blanchard, Director Nominee (Age 43)
    • Todd A. Fisher, Director (Age 51)
    • Jonathan A. Langer, Director Nominee (Age 47)
    • Deborah H. McAneny, Director Nominee (Age 58)

    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 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.

    When did the company's lock-up period expire?

    KKR Real Estate Finance Trust's lock-up period expired on Wednesday, November 1st. KKR Real Estate Finance Trust had issued 10,250,000 shares in its initial public offering on May 5th. The total size of the offering was $210,125,000 based on an initial share price of $20.50. Since the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

    Who owns KKR Real Estate Finance Trust stock?

    KKR Real Estate Finance Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Teacher Retirement System of Texas (0.91%), Citadel Advisors LLC (0.91%), Alyeska Investment Group L.P. (0.21%), Zweig DiMenna Associates LLC (0.20%), OxFORD Asset Management LLP (0.05%) and Raymond James Financial Services Advisors Inc. (0.02%). 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.

    Who sold KKR Real Estate Finance Trust stock? Who is selling KKR Real Estate Finance Trust stock?

    KKR Real Estate Finance Trust's stock was sold by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Citadel Advisors LLC, Teacher Retirement System of Texas and OxFORD Asset Management LLP. View Insider Buying and Selling for KKR Real Estate Finance Trust.

    Who bought KKR Real Estate Finance Trust stock? Who is buying KKR Real Estate Finance Trust stock?

    KKR Real Estate Finance Trust's stock was acquired by a variety of institutional investors in the last quarter, including Zweig DiMenna Associates LLC, Raymond James Financial Services Advisors Inc. and Wells Fargo & Company MN. 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 KKR Real Estate Finance Trust stock?

    Shares of KKR Real Estate Finance Trust 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 KKR Real Estate Finance Trust stock can currently be purchased for approximately $20.71.

    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 $41.19 million in revenue each year.

    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 (KREF)

    Community Ranking:  2.2 out of 5 (star star)
    Outperform Votes:  42 (Vote Outperform)
    Underperform Votes:  53 (Vote Underperform)
    Total Votes:  95
    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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

    Analyst Ratings

    Analysts' Consensus Rating for KKR Real Estate Finance Trust (NYSE:KREF)

      (How are Consensus Ratings Calculated?)
    Ratings Breakdown: 0 Sell Ratings, 3 Hold Ratings, 0 Buy Ratings, 0 Strong Buy Ratings
    Consensus Rating:Hold (Score: 2.00)
    Consensus Price Target: $22.50 (8.64% upside)

    Consensus Price Target History for KKR Real Estate Finance Trust (NYSE:KREF)

    Price Target History for KKR Real Estate Finance Trust (NYSE:KREF)

    Analysts' Ratings History for KKR Real Estate Finance Trust (NYSE:KREF)

    Show:
    DateFirmActionRatingPrice TargetImpact on Share PriceDetails
    11/10/2017Keefe, Bruyette & WoodsReiterated RatingHold$22.00N/AView Rating Details
    5/30/2017J P Morgan Chase & CoInitiated CoverageNeutral -> Neutral$23.00HighView Rating Details
    5/30/2017Wells Fargo & CompanyInitiated CoverageMarket PerformHighView Rating Details
    (Data available from 11/23/2015 forward)

    Earnings

    Earnings History and Estimates Chart for KKR Real Estate Finance Trust (NYSE:KREF)

    Earnings by Quarter for KKR Real Estate Finance Trust (NYSE:KREF)

    Earnings History by Quarter for KKR Real Estate Finance Trust (NYSE KREF)

    DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
    2/6/2018        
    8/9/2017Q2 2017$0.29$0.28$17.87 million$17.45 millionViewListenView Earnings Details
    6/14/2017Q1 2017$0.32$0.33$13.01 million$12.91 millionViewN/AView Earnings Details
    (Data available from 1/1/2011 forward)

    Estimates

    Earnings Estimates for KKR Real Estate Finance Trust (NYSE:KREF)
    Current Year EPS Consensus Estimate: $1.3 EPS
    Next Year EPS Consensus Estimate: $1.68 EPS

    Dividends

    Current Dividend Information for KKR Real Estate Finance Trust (NYSE:KREF)

    Most Recent Dividend:10/12/2017
    Annual Dividend:$1.48
    Dividend Yield:7.15%
    Dividend Growth:0.00% (3 Year Average)
    Payout Ratio:113.85% (Based on This Year's Estimates)
    88.10% (Based on Next Year's Estimates)
    Dividend Payments by Quarter for KKR Real Estate Finance Trust (NYSE:KREF)

    Dividend History by Quarter for KKR Real Estate Finance Trust (NYSE KREF)

    AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
    9/14/2017quarterly$0.376.95%9/28/20179/30/201710/12/2017
    6/16/2017Annual$0.256/28/20176/30/20177/14/2017
    (Data available from 1/1/2013 forward)

    Insider Trades

    Insider Trading and Institutional Ownership History for KKR Real Estate Finance Trust (NYSE KREF)

    Institutional Ownership Percentage: 20.84%
    Insider Trades by Quarter for KKR Real Estate Finance Trust (NYSE:KREF)
    Insider Trades by Quarter for KKR Real Estate Finance Trust (NYSE:KREF)

    Insider Trades by Quarter for KKR Real Estate Finance Trust (NYSE KREF)

    Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
    11/14/2017Christen E.J. LeeCEOBuy12,000$19.99$239,880.00View SEC Filing  
    10/10/2017Christen E.J. LeeCEOBuy251$21.37$5,363.87View SEC Filing  
    8/15/2017Christen E.J. LeeCEOBuy17,100$19.95$341,145.00View SEC Filing  
    5/10/2017Deborah H McanenyDirectorBuy7,500$20.50$153,750.00View SEC Filing  
    (Data available from 1/1/2013 forward)

    Headlines

    Latest Headlines for KKR Real Estate Finance Trust (NYSE KREF)

    Source:

    Social Media

    Financials

    Financials are not available for this stock.

    Chart

    KKR Real Estate Finance Trust (NYSE KREF) Chart for Thursday, November, 23, 2017
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    This page was last updated on 11/23/2017 by MarketBeat.com Staff

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