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

5 Wall Street research 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 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KREF shares.
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5 brokers have issued 12 month target prices for KKR Real Estate Finance Trust's stock. Their KREF share price forecasts range from $18.00 to $22.00. On average, they anticipate the company's stock price to reach $19.80 in the next year. This suggests a possible upside of 25.6% from the stock's current price.
View analysts price targets for KREF or view top-rated stocks among Wall Street analysts.

KKR Real Estate Finance Trust's stock was trading at $13.96 at the beginning of the year. Since then, KREF stock has increased by 13.0% and is now trading at $15.77.
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KKR Real Estate Finance Trust saw a decline in short interest in January. As of January 15th, there was short interest totaling 2,340,000 shares, a decline of 9.3% from the December 31st total of 2,580,000 shares. Based on an average trading volume of 454,900 shares, the days-to-cover ratio is presently 5.1 days.
View KKR Real Estate Finance Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our KREF earnings forecast.

KKR Real Estate Finance Trust will be holding an earnings conference call on Wednesday, February 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1485129".

KKR Real Estate Finance Trust Inc. (NYSE:KREF) issued its quarterly earnings results on Monday, July, 25th. The company reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.07. KKR Real Estate Finance Trust had a net margin of 17.90% and a trailing twelve-month return on equity of 7.41%. During the same quarter last year, the firm earned $0.54 EPS.

KKR Real Estate Finance Trust declared a quarterly dividend on Tuesday, December 13th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.43 per share on Friday, January 13th. This represents a $1.72 dividend on an annualized basis and a yield of 10.91%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for KREF.

KKR Real Estate Finance Trust (NYSE:KREF) pays an annual dividend of $1.72 per share and currently has a dividend yield of 10.49%. KREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 273.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, KREF will have a dividend payout ratio of 87.76% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for KREF.

Based on aggregate information from My MarketBeat watchlists, some companies that other KKR Real Estate Finance Trust investors own include New Residential Investment (NRZ), AT&T (T), Kinder Morgan (KMI), Energy Transfer (ET), AGNC Investment (AGNC), Medical Properties Trust (MPW), Starwood Property Trust (STWD), Enterprise Products Partners (EPD) and Hercules Capital (HTGC).

(KREF) raised $210 million in an initial public offering (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 served 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."

KKR Real Estate Finance Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Stephens Inc. AR (1.57%), GFS Advisors LLC (0.30%), Concorde Asset Management LLC (0.19%), GP Brinson Investments LLC (0.10%), Jackson Creek Investment Advisors LLC (0.07%) and New York State Common Retirement Fund (0.07%). Insiders that own company stock include Christen EJ Lee, Kkr Group Partnership LP, Reft Holdings LP Kkr and Value Spn-Kref Holdin Tactical.
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Shares of KREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KREF stock can currently be purchased for approximately $15.77.

KKR Real Estate Finance Trust (NYSE:KREF) has a market capitalization of $1.09 billion and generates $165.51 million in revenue each year. The company earns $137.18 million in net income (profit) each year or $0.63 on an earnings per share basis.

KKR Real Estate Finance Trust's mailing address is 9 WEST 57TH STREET SUITE 4200, NEW YORK NY, 10019. The official website for the company is www.kkrreit.com. The company can be reached via phone at (212) 750-8300 or via email at ir@kkr.com.