NYSE:KREFKKR Real Estate Finance Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding KKR Real Estate Finance Trust Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $16.51 -0.14 (-0.84 %) (As of 08/3/2020 01:28 PM ET) Add Compare Share Today's Range$16.50Now: $16.51▼$16.6950-Day Range$15.37MA: $16.55▼$17.6552-Week Range$6.84Now: $16.51▼$22.03Volume5,655 shsAverage Volume246,500 shsMarket Capitalization$915.97 millionP/E Ratio31.15Dividend Yield10.33%Beta0.61 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingKKR Real Estate Finance Trust has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.10, KKR Real Estate Finance Trust has a potential upside of 8.6% from its current price of $16.67.Amount of Analyst CoverageKKR Real Estate Finance Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesKKR Real Estate Finance Trust has received 212 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKKR Real Estate Finance Trust has received 280 “underperform” votes. (Add your “underperform” vote.)Community SentimentKKR Real Estate Finance Trust has received 56.91% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipKKR Real Estate Finance Trust is a leading dividend payer. It pays a dividend yield of 10.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKKR Real Estate Finance Trust has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of KKR Real Estate Finance Trust is 102.99%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, KKR Real Estate Finance Trust will have a dividend payout ratio of 100.00% in the coming year. This indicates that KKR Real Estate Finance Trust may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KKR Real Estate Finance Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.92% of the stock of KKR Real Estate Finance Trust is held by insiders.Percentage Held by Institutions87.84% of the stock of KKR Real Estate Finance Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for KKR Real Estate Finance Trust are expected to grow by 0.58% in the coming year, from $1.71 to $1.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KKR Real Estate Finance Trust is 31.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.36.Price to Earnings Ratio vs. SectorThe P/E ratio of KKR Real Estate Finance Trust is 31.45, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.69.Price to Book Value per Share RatioKKR Real Estate Finance Trust has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.48 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:KREF Previous SymbolNASDAQ:KREF CUSIPN/A CIK1631596 Webwww.kkrreit.com Phone212-750-8300Debt Debt-to-Equity Ratio4.19 Current Ratio329.54 Quick Ratio329.54Price-To-Earnings Trailing P/E Ratio31.15 Forward P/E Ratio9.65 P/E GrowthN/A Sales & Book Value Annual Sales$115.47 million Price / Sales7.93 Cash Flow$1.60 per share Price / Cash Flow10.31 Book Value$19.52 per share Price / Book0.85Profitability EPS (Most Recent Fiscal Year)$1.67 Net Income$89.96 million Net Margins16.08% Return on Equity8.83% Return on Assets1.77%Miscellaneous EmployeesN/A Outstanding Shares55,480,000Market Cap$915.97 million Next Earnings Date8/3/2020 (Confirmed) OptionableNot Optionable $16.51 -0.14 (-0.84 %) (As of 08/3/2020 01:28 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 How has KKR Real Estate Finance Trust's stock been impacted by COVID-19 (Coronavirus)? KKR Real Estate Finance Trust's stock was trading at $18.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KREF shares have decreased by 9.4% and is now trading at $16.51. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of KKR Real Estate Finance Trust? 5 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for KKR Real Estate Finance Trust. When is KKR Real Estate Finance Trust's next earnings date? KKR Real Estate Finance Trust is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for KKR Real Estate Finance Trust. How were KKR Real Estate Finance Trust's earnings last quarter? KKR Real Estate Finance Trust Inc (NYSE:KREF) released its quarterly earnings results on Tuesday, April, 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. The firm earned $32 million during the quarter, compared to analyst estimates of $30.76 million. KKR Real Estate Finance Trust had a return on equity of 8.83% and a net margin of 16.08%. View KKR Real Estate Finance Trust's earnings history. 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, June 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.43 per share on Wednesday, July 15th. This represents a $1.72 dividend on an annualized basis and a yield of 10.42%. The ex-dividend date is Monday, June 29th. View KKR Real Estate Finance Trust's dividend history. What guidance has KKR Real Estate Finance Trust issued on next quarter's earnings? KKR Real Estate Finance Trust issued an update on its second quarter 2020 After-Hours earnings guidance on Monday, July, 13th. The company provided earnings per share guidance of 0.43-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.40. What price target have analysts set for KREF? 5 Wall Street analysts have issued twelve-month target prices for KKR Real Estate Finance Trust's stock. Their forecasts range from $14.00 to $20.50. On average, they anticipate KKR Real Estate Finance Trust's stock price to reach $18.10 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View analysts' price targets for KKR Real Estate Finance Trust. Has KKR Real Estate Finance Trust been receiving favorable news coverage? Media stories about KREF stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. KKR Real Estate Finance Trust earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news about KKR Real Estate Finance Trust. Are investors shorting KKR Real Estate Finance Trust? KKR Real Estate Finance Trust saw a decline in short interest in July. As of July 15th, there was short interest totaling 2,190,000 shares, a decline of 9.9% from the June 30th total of 2,430,000 shares. Based on an average daily volume of 446,800 shares, the days-to-cover ratio is presently 4.9 days. Currently, 8.1% of the company's 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? Some companies that are related to KKR Real Estate Finance Trust include Rayonier (RYN), MGM Growth Properties (MGP), Physicians Realty Trust (DOC), Agree Realty (ADC), Blackstone Mortgage Trust (BXMT), SL Green Realty (SLG), Brixmor Property Group (BRX), New Residential Investment (NRZ), Lexington Realty Trust (LXP), Sabra Health Care REIT (SBRA), Corporate Office Properties Trust (OFC), Howard Hughes (HHC), Keppel REIT (KREVF), Potlatchdeltic (PCH) and National Health Investors (NHI). View all 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), AT&T (T), Energy Transfer LP Unit (ET), Kinder Morgan (KMI), Ares Capital (ARCC), ANNALY CAP MGMT/SH (NLY), Starwood Property Trust (STWD), Invesco Mortgage Capital (IVR) and KKR & Co Inc (KKR). Who are KKR Real Estate Finance Trust's key executives? KKR Real Estate Finance Trust's management team includes the following 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 $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. 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." Who are KKR Real Estate Finance Trust's major shareholders? KKR Real Estate Finance Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (0.13%), MERIAN GLOBAL INVESTORS UK Ltd (0.10%), Orinda Asset Management LLC (0.05%), Ieq Capital LLC (0.05%), Comerica Bank (0.04%) and Nisa Investment Advisors LLC (0.04%). 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 institutional investors are selling KKR Real Estate Finance Trust stock? KREF stock was sold by a variety of institutional investors in the last quarter, including 6 Meridian, First Trust Advisors LP, and Nwam LLC. View insider buying and selling activity for KKR Real Estate Finance Trust. Which institutional investors are buying KKR Real Estate Finance Trust stock? KREF stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Orinda Asset Management LLC, Ieq Capital LLC, Schwarz Dygos Wheeler Investment Advisors LLC, UBS Group AG, SG Americas Securities LLC, Nisa Investment Advisors LLC, and Comerica Bank. View insider buying and selling activity 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 $16.51. How big of a company is KKR Real Estate Finance Trust? KKR Real Estate Finance Trust has a market capitalization of $915.97 million and generates $115.47 million in revenue each year. The company earns $89.96 million in net income (profit) each year or $1.67 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 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] This page was last updated on 8/3/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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