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

$20.07
+0.08 (+0.40 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$20.00
Now: $20.07
$20.17
50-Day Range
$18.87
MA: $19.37
$20.09
52-Week Range
$18.54
Now: $20.07
$21.00
Volume259,300 shs
Average Volume278,513 shs
Market Capitalization$1.15 billion
P/E Ratio10.45
Dividend Yield8.60%
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$1.7824 per share
Book Value$19.35 per share

Profitability

Net Income$89.74 million

Miscellaneous

EmployeesN/A
Market Cap$1.15 billion
Next Earnings Date11/4/2019 (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 announced a quarterly dividend on Monday, September 16th. Investors of record on Monday, September 30th will be given a dividend of $0.43 per share on Wednesday, October 16th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 8.57%. The ex-dividend date of this dividend is Friday, September 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) released its quarterly earnings results 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 earned $25.86 million during the quarter, compared to analyst estimates of $27.50 million. KKR Real Estate Finance Trust had a return on equity of 7.86% and a net margin of 35.11%. 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 equities research analysts have issued twelve-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 share price to reach $21.00 in the next year. This suggests a possible upside of 4.6% 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?

Press coverage about KREF stock has been trending negative this week, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest 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 news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. 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 August. As of August 31st, there was short interest totalling 1,555,700 shares, a drop of 8.6% from the July 31st total of 1,702,300 shares. Based on an average daily volume of 244,100 shares, the short-interest ratio is currently 6.4 days. Approximately 3.0% of the shares of the company 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 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 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 a number of of retail and institutional investors. Top institutional shareholders 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 $20.07.

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

KKR Real Estate Finance Trust has a market capitalization of $1.15 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:  176 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  415
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 9/21/2019 by MarketBeat.com Staff

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