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

Sign in or create an account to add this stock to your watchlist.
$20.13 -0.02 (-0.10 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$20.15
Today's Range$20.10 - $20.26
52-Week Range$18.09 - $21.82
Volume100,444 shs
Average Volume100,659 shs
Market Capitalization$1.06 billion
P/E Ratio16.52
Dividend Yield8.60%
Beta-0.25
KKR Real Estate Finance Trust logoKKR 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.

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.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:KREF
CUSIPN/A
Phone212-750-8300

Debt

Debt-to-Equity Ratio1.68
Current Ratio558.64
Quick Ratio558.64

Price-To-Earnings

Trailing P/E Ratio16.52
Forward P/E Ratio11.64
P/E Growth2.3

Sales & Book Value

Annual Sales$83.14 million
Price / Sales12.84
Cash Flow$1.0355 per share
Price / Cash19.44
Book Value$19.73 per share
Price / Book1.02

Profitability

EPS (Most Recent Fiscal Year)$1.22
Net Income$59.06 million
Net Margins65.77%
Return on Equity8.53%
Return on Assets1.37%

Miscellaneous

EmployeesN/A
Outstanding Shares53,020,000
Market Cap$1.06 billion

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, May 7th. Shareholders of record on Friday, June 29th will be given a dividend of $0.43 per share on Friday, July 13th. This represents a $1.72 annualized dividend and a yield of 8.54%. The ex-dividend date is Thursday, June 28th. This is an increase from KKR Real Estate Finance Trust's previous quarterly dividend of $0.40. 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) issued its quarterly earnings data on Monday, August, 6th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.20. The firm had revenue of $40 million for the quarter, compared to the consensus estimate of $38 million. KKR Real Estate Finance Trust had a return on equity of 8.53% and a net margin of 65.77%. 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 Tuesday, November, 6th 2018. View Earnings Estimates for KKR Real Estate Finance Trust.

What price target have analysts set for KREF?

3 brokerages have issued 1 year price targets for KKR Real Estate Finance Trust's shares. Their forecasts range from $18.50 to $22.00. On average, they expect KKR Real Estate Finance Trust's share price to reach $20.6667 in the next twelve months. This suggests a possible upside of 2.7% 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 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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:
  • Mr. Christen E. J. Lee, Co-CEO & Co-Pres (Age 39)
  • Mr. Matthew A. Salem, Co-CEO & Co-Pres (Age 44)
  • Mr. W. Patrick Mattson, COO & Sec. (Age 44)
  • Mr. Mostafa Nagaty, CFO & Treasurer (Age 40)
  • Ms. Sasha Hamilton, Head of Investor Relations

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 acted as the underwriters for the IPO and Barclays, Goldman, Sachs, J.P. Morgan and Keefe, Bruyette & Woods (A Stifel Company) were co-managers.

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

News coverage about KREF stock has trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. KKR Real Estate Finance Trust earned a coverage optimism score of 0.08 on Accern's scale. They also assigned media coverage about the company an impact score of 46.02 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for KKR Real Estate Finance Trust.

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. (2.05%), Acadian Asset Management LLC (0.28%), Renaissance Technologies LLC (0.22%), Bank of America Corp DE (0.17%), Schwab Charles Investment Management Inc. (0.13%) and Bank of New York Mellon Corp (0.12%). 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.

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 Acadian Asset Management LLC, Renaissance Technologies LLC, BlackRock Inc., Bank of America Corp DE, Citadel Advisors LLC, Millennium Management LLC, Martingale Asset Management L P and GSA Capital Partners LLP. 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 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, Scottrade, 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 $20.13.

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

KKR Real Estate Finance Trust has a market capitalization of $1.06 billion and generates $83.14 million in revenue each year. The company earns $59.06 million in net income (profit) each year or $1.22 on an earnings per share basis.

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:  2.2 out of 5 (star star)
Outperform Votes:  122 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  275
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 8/17/2018 by MarketBeat.com Staff

Featured Article: Diversification

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.