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

$19.79
+0.05 (+0.25 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$19.69
Now: $19.79
$19.82
50-Day Range
$18.87
MA: $19.40
$20.15
52-Week Range
$18.54
Now: $19.79
$21.00
Volume186,090 shs
Average Volume247,825 shs
Market Capitalization$1.14 billion
P/E Ratio10.31
Dividend Yield8.71%
Beta0.21
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$183.57 million
Cash Flow$1.7877 per share
Book Value$19.35 per share

Profitability

Net Income$89.74 million

Miscellaneous

EmployeesN/A
Market Cap$1.14 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable

Receive KREF News and Ratings via Email

Sign-up to receive the latest news and ratings for KREF and its competitors with MarketBeat's FREE daily newsletter.


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 Monday, June 17th. Shareholders of record on Friday, June 28th will be given a dividend of $0.43 per share on Monday, July 15th. This represents a $1.72 dividend on an annualized basis and a yield of 8.69%. The ex-dividend date is Thursday, June 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 Thursday, August, 1st. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.05. The firm had revenue of $25.86 million for the quarter, compared to analyst estimates of $27.50 million. KKR Real Estate Finance Trust had a net margin of 35.11% and a return on equity of 7.86%. 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 Monday, November 4th 2019. View Earnings Estimates for KKR Real Estate Finance Trust.

What price target have analysts set for KREF?

3 Wall Street analysts have issued 12-month price targets for KKR Real Estate Finance Trust's stock. Their predictions range from $20.50 to $21.50. On average, they expect KKR Real Estate Finance Trust's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 6.1% 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?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KKR Real Estate Finance Trust in the last year. There are currently 2 hold ratings and 1 buy rating 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 been trending somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KKR Real Estate Finance Trust earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely 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 decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,555,700 shares, a decline of 8.6% from the July 31st total of 1,702,300 shares. Based on an average trading volume of 244,100 shares, the short-interest ratio is currently 6.4 days. Currently, 3.0% 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), AT&T (T), Uniti Group (UNIT), TPG RE Finance Trust (TRTX), VICI Properties (VICI), AGNC Investment (AGNC), Global Medical REIT (GMRE), Jernigan Capital (JCAP), Kinder Morgan (KMI) and Ladder Capital (LADR).

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 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.

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 investors include BlackRock Inc. (4.43%), Vanguard Group Inc. (4.00%), Capital Growth Management LP (3.02%), UBS Group AG (1.38%), Nuveen Asset Management LLC (1.28%) and Acadian Asset Management LLC (1.10%). 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 Renaissance Technologies LLC, Bank of America Corp DE, First Trust Advisors LP, Allianz Asset Management GmbH, Morgan Stanley, JPMorgan Chase & Co., Schroder Investment Management Group and Schroder Investment Management Group. 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 Capital Growth Management LP, Callodine Capital Management LP, Nuveen Asset Management LLC, D. E. Shaw & Co. Inc., BlackRock Inc., Vanguard Group Inc., UBS Group AG and Acadian Asset Management LLC. 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 $19.79.

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

KKR Real Estate Finance Trust has a market capitalization of $1.14 billion and generates $183.57 million in revenue each year. The company earns $89.74 million in net income (profit) each year or $1.92 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:  174 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  411
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 9/16/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel