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

$21.74
+0.22 (+1.02 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$21.45
Now: $21.74
$22.03
50-Day Range
$20.41
MA: $21.00
$21.74
52-Week Range
$18.82
Now: $21.74
$22.03
Volume1.13 million shs
Average Volume308,251 shs
Market Capitalization$1.25 billion
P/E Ratio13.85
Dividend Yield7.99%
Beta0.23
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. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:KREF
CUSIPN/A
Phone212-750-8300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$115.47 million
Cash Flow$1.80 per share
Book Value$19.35 per share

Profitability

Net Income$89.74 million

Miscellaneous

EmployeesN/A
Market Cap$1.25 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableNot Optionable

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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, December 16th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.43 per share on Wednesday, January 15th. This represents a $1.72 dividend on an annualized basis and a yield of 7.91%. The ex-dividend date is Monday, December 30th. 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) released its earnings results on Wednesday, February, 19th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The company had revenue of $31.08 million for the quarter, compared to the consensus estimate of $29.82 million. KKR Real Estate Finance Trust had a net margin of 48.01% and a return on equity of 8.54%. 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, May 6th 2020. View Earnings Estimates for KKR Real Estate Finance Trust.

What price target have analysts set for KREF?

3 brokers have issued 12 month price objectives for KKR Real Estate Finance Trust's shares. Their forecasts range from $20.50 to $21.00. On average, they expect KKR Real Estate Finance Trust's share price to reach $20.75 in the next twelve months. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for KKR Real Estate Finance Trust.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KKR Real Estate Finance Trust in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for KKR Real Estate Finance Trust.

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

News coverage about KREF stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. KKR Real Estate Finance Trust earned a coverage optimism score of -3.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for KKR Real Estate Finance Trust.

Are investors shorting KKR Real Estate Finance Trust?

KKR Real Estate Finance Trust saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 2,950,000 shares, a drop of 9.2% from the January 15th total of 3,250,000 shares. Based on an average daily volume of 516,400 shares, the days-to-cover ratio is presently 5.7 days. Currently, 7.8% of the shares of the stock are short sold. View KKR Real Estate Finance Trust's Current Options Chain.

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

What other stocks do shareholders of KKR Real Estate Finance Trust own?

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), Energy Transfer LP Unit (ET), Kinder Morgan (KMI), AT&T (T), Ares Capital (ARCC), Enterprise Products Partners (EPD), Mplx (MPLX), ANNALY CAP MGMT/SH (NLY) and Tanger Factory Outlet Centers (SKT).

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 40)
  • Mr. Matthew A. Salem, Co-Pres & Co-CEO (Age 45)
  • Mr. Mostafa Nagaty, CFO & Treasurer (Age 40)
  • Mr. W. Patrick Mattson C.F.A., CFA, COO & Sec. (Age 45)
  • 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 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 a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (1.56%), UBS Group AG (1.34%), Acadian Asset Management LLC (1.24%), Bessemer Group Inc. (0.68%), Credit Suisse AG (0.46%) and Bank of New York Mellon Corp (0.45%). Company insiders that own KKR Real Estate Finance Trust stock include Christen EJ Lee and Value Spn-Kref Holdin Tactical. View Institutional Ownership Trends for KKR Real Estate Finance Trust.

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

KREF stock was sold by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL, Bank of America Corp DE, Meeder Asset Management Inc., First Trust Advisors LP, Alphasimplex Group LLC, Victory Capital Management Inc., Victory Capital Management Inc. and Orinda Asset Management LLC. View Insider Buying and Selling for KKR Real Estate Finance Trust.

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

KREF stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Principal Financial Group Inc., Credit Suisse AG, Bank of New York Mellon Corp, State of New Jersey Common Pension Fund D, JRM Investment Counsel LLC, Acadian Asset Management LLC and Vestcor Investment Management Corp. 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, Robinhood, 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 $21.74.

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

KKR Real Estate Finance Trust has a market capitalization of $1.25 billion and generates $115.47 million in revenue each year. The company earns $89.74 million in net income (profit) each year or $1.67 on an earnings per share basis. View Additional Information About KKR Real Estate Finance Trust.

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:  2.1 out of 5 (star star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  469
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 2/22/2020 by MarketBeat.com Staff

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