Should I buy or sell KKR Real Estate Finance Trust stock right now?

6 Wall Street research 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 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KREF shares. View KREF analyst ratings or view top-rated stocks .

What is KKR Real Estate Finance Trust's stock price target for 2024?

6 brokerages have issued 1 year target prices for KKR Real Estate Finance Trust's stock. Their KREF share price targets range from $10.50 to $15.00. On average, they anticipate the company's share price to reach $12.57 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price. View analysts price targets for KREF or view top-rated stocks among Wall Street analysts .

How have KREF shares performed in 2024?

KKR Real Estate Finance Trust's stock was trading at $13.23 at the beginning of 2024. Since then, KREF stock has decreased by 28.0% and is now trading at $9.52. View the best growth stocks for 2024 here .

Are investors shorting KKR Real Estate Finance Trust?

KKR Real Estate Finance Trust saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,390,000 shares, a decrease of 19.2% from the December 31st total of 1,720,000 shares. Based on an average daily volume of 464,300 shares, the short-interest ratio is currently 3.0 days. View KKR Real Estate Finance Trust's Short Interest .

When is KKR Real Estate Finance Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our KREF earnings forecast .

How were KKR Real Estate Finance Trust's earnings last quarter?

KKR Real Estate Finance Trust Inc. (NYSE:KREF) announced its quarterly earnings results on Monday, July, 25th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.07. KKR Real Estate Finance Trust had a negative net margin of 4.82% and a positive trailing twelve-month return on equity of 10.59%. During the same quarter in the prior year, the company posted $0.54 earnings per share.

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 Thursday, February 1st. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.25 per share on Monday, April 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.50%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for KREF .

Is KKR Real Estate Finance Trust a good dividend stock?

KKR Real Estate Finance Trust (NYSE:KREF) pays an annual dividend of $1.72 per share and currently has a dividend yield of 18.07%. KREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for KREF .

What ETFs hold KKR Real Estate Finance Trust's stock?

ETFs with the largest weight of KKR Real Estate Finance Trust (NYSE:KREF) stock in their portfolio include Global X SuperDividend REIT ETF (SRET) , Global SuperDividend US ETF (DIV) , VanEck Mortgage REIT Income ETF (MORT) and iShares Mortgage Real Estate ETF (REM) . SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) .

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) , 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) .

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 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.

Who are KKR Real Estate Finance Trust's major shareholders?

KKR Real Estate Finance Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (2.84%), Charles Schwab Investment Management Inc. (1.16%), Principal Financial Group Inc. (0.44%), Van ECK Associates Corp (0.34%), Significant Wealth Partners LLC (0.31%) and AXS Investments LLC (0.28%). Insiders that own company stock include Christen EJ Lee , Kkr Group Partnership LP, Matthew A Salem, Reft Holdings LP Kkr, Value Spn-Kref Holdin Tactical and W Patrick Mattson. View institutional ownership trends .

How do I buy shares of KKR Real Estate Finance Trust?

Shares of KREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:KREF

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

$9.52

-0.18 (-1.86%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $9.36
▼
$9.90
50-Day Range: $9.52
▼
$14.05
52-Week Range: $9.36
▼
$15.36

Volume: 1.88 million shs
Average Volume: 594,096 shs
Market Capitalization: $659.83 million

P/E Ratio: N/A
Dividend Yield: 18.07%
Price Target: $12.57

Get KKR Real Estate Finance Trust alerts:

KKR Real Estate Finance Trust MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 32.1% Upside
$12.57 Price Target
Short Interest: Healthy
2.01% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.16
Upright™ Environmental Score
News Sentiment: 0.53
Based on 30 Articles This Week
Insider Trading: Acquiring Shares
$349,920 Bought Last Quarter
Proj. Earnings Growth: -2.90%
From $1.38 to $1.34 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.78 out of 5 stars

Finance Sector

74th out of 849 stocks

Real Estate Investment Trusts Industry

10th out of 177 stocks

3.3

Analyst's Opinion

Consensus Rating
KKR Real Estate Finance Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.57, KKR Real Estate Finance Trust has a forecasted upside of 32.1% from its current price of $9.52.
Amount of Analyst Coverage
KKR Real Estate Finance Trust has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.01% of the outstanding shares of KKR Real Estate Finance Trust have been sold short.
Short Interest Ratio / Days to Cover
KKR Real Estate Finance Trust has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in KKR Real Estate Finance Trust has recently decreased by 19.19%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
KKR Real Estate Finance Trust is a leading dividend payer. It pays a dividend yield of 18.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
KKR Real Estate Finance Trust does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, KKR Real Estate Finance Trust will have a dividend payout ratio of 128.36% in the coming year. This indicates that KKR Real Estate Finance Trust may not be able to sustain their current dividend.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
KKR Real Estate Finance Trust has received a 34.36% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Development loans for corporations" product. See details.
Environmental Sustainability
The Environmental Impact score for KKR Real Estate Finance Trust is -0.16.

3.1

News and Social Media Coverage

News Sentiment
KKR Real Estate Finance Trust has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 30 news articles for KKR Real Estate Finance Trust this week, compared to 2 articles on an average week.
Search Interest
12 people have searched for KREF on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
7 people have added KKR Real Estate Finance Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, KKR Real Estate Finance Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $349,920.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.20% of the stock of KKR Real Estate Finance Trust is held by insiders.
Percentage Held by Institutions
73.01% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for KKR Real Estate Finance Trust are expected to decrease by -2.90% in the coming year, from $1.38 to $1.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of KKR Real Estate Finance Trust is -12.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of KKR Real Estate Finance Trust is -12.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
KKR Real Estate Finance Trust has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About KKR Real Estate Finance Trust Stock (NYSE:KREF)

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring senior loans secured by commercial real estate (CRE) assets. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans, and commercial mortgage-backed securities. The company 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. KKR Real Estate Finance Trust Inc. was incorporated in 2014 and is headquartered in New York, New York.

KREF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KREF Stock News Headlines

February 12, 2024 | americanbankingnews.com

KKR Real Estate Finance Trust Inc. (NYSE:KREF) COO Acquires $97,200.00 in Stock

February 11, 2024 | americanbankingnews.com

Matthew A. Salem Acquires 26,000 Shares of KKR Real Estate Finance Trust Inc. (NYSE:KREF) Stock

February 12, 2024 | Stansberry Research (Ad)

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February 11, 2024 | americanbankingnews.com

Wells Fargo & Company Trims KKR Real Estate Finance Trust (NYSE:KREF) Target Price to $10.50

February 9, 2024 | seekingalpha.com

KKR Real Estate Finance: CRE Anxiety Will Last Through 2024

February 9, 2024 | finance.yahoo.com

KKR Real Estate Finance Trust Inc CEO Matthew Salem Acquires 26,000 Shares

February 9, 2024 | americanbankingnews.com

KKR Real Estate Finance Trust (NYSE:KREF) Price Target Cut to $11.50 by Analysts at JPMorgan Chase & Co.

February 8, 2024 | benzinga.com

KKR Real Estate Finance Stock (NYSE:KREF) Earnings Dates and Earning Calls

February 12, 2024 | Stansberry Research (Ad)

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Wells Fargo, JP Morgan, U.S. Bank at nearly 40 other banks are all involved. Will your bank next to make this radical change??

February 8, 2024 | finance.yahoo.com

A $22,000-a-Month LA Rental Showcases KKR’s Property Stresses

February 8, 2024 | finance.yahoo.com

KKR Real Estate Finance Trust Inc. (NYSE:KREF) Q4 2023 Earnings Call Transcript

February 8, 2024 | americanbankingnews.com

KKR Real Estate Finance Trust (NYSE:KREF) Price Target Cut to $13.00 by Analysts at JMP Securities

February 7, 2024 | finance.yahoo.com

KKR Mortgage REIT Plunges as Commercial-Property Woes Mount

February 7, 2024 | seekingalpha.com

KKR Real Estate Finance Trust Inc. 2023 Q4 - Results - Earnings Call Presentation

February 7, 2024 | finance.yahoo.com

KKR Real Estate (KREF) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

February 6, 2024 | tmcnet.com

KKR Real Estate Finance Trust Inc. Reports Fourth Quarter and Full Year 2023 Results

February 6, 2024 | finance.yahoo.com

KKR Real Estate Finance Trust Inc. Reports Mixed 2023 Financial Results

February 6, 2024 | msn.com

KKR Real Estate Finance Trust cuts quarterly dividend by 41.9% to 25 cents

February 6, 2024 | finance.yahoo.com

KKR Real Estate Finance (KREF) Tops Q4 Earnings and Revenue Estimates

February 6, 2024 | markets.businessinsider.com

Here's what to expect from KKR Real Estate Finance Trust's earnings report

February 1, 2024 | morningstar.com

KKR Real Estate Finance Trust Inc

February 1, 2024 | finance.yahoo.com

KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend

January 31, 2024 | wsj.com

KKR Real Estate Finance Trust Inc.

January 19, 2024 | finance.yahoo.com

KKR Real Estate Finance Trust Inc. to Announce Fourth Quarter 2023 Results

January 10, 2024 | incomeinvestors.com

KKR Real Estate Finance Stock: Outlook for 13%-Yielder Is Robust

January 10, 2024 | incomeinvestors.com

KKR Real Estate Finance Stock

December 27, 2023 | seekingalpha.com

KKR Real Estate Finance: Discount To Book Value Tightens, 12.2% Dividend Yield

See More Headlines

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Company Calendar

Last Earnings: 7/25/2022
Ex-Dividend for 1/12 Dividend: 12/28/2023
Dividend Payable: 1/12/2024
Today: 2/12/2024
Next Earnings (Estimated): 4/22/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: N/A
Current Symbol: NYSE:KREF
Previous Symbol: NASDAQ:KREF
CUSIP: N/A
CIK: 1631596
Web: www.kkrreit.com
Phone: (212) 750-8300
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.57
High Stock Price Target: $15.00
Low Stock Price Target: $10.50
Potential Upside/Downside: +32.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.78)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 6.90
P/E Growth: N/A
Net Income: $38.10 million
Net Margins: -4.82%
Pretax Margin: -15.26%
Return on Equity: 10.59%
Return on Assets: 2.01%

Debt

Debt-to-Equity Ratio: 4.32
Current Ratio: 361.76
Quick Ratio: 384.64

Sales & Book Value

Annual Sales: $175.22 million
Price / Sales: 3.77
Cash Flow: $2.26 per share
Price / Cash Flow: 4.21
Book Value: $20.26 per share
Price / Book: 0.47

Miscellaneous

Outstanding Shares: 69,314,000
Free Float: 68,482,000
Market Cap: $659.87 million
Optionable: Optionable
Beta: 1.01

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Key Executives

Mr. Matthew A. Salem (Age 50)
CEO & Director
Mr. W. Patrick Mattson C.F.A. (Age 50)
COO & President
Ms. Kendra Decious (Age 59)
CFO & Treasurer
Comp: $414.01k
Mr. Vincent J. Napolitano (Age 42)
General Counsel & Secretary
Mr. Jack Switala
Principal, Capital Markets & Head of Investor Relations
Mr. Joel Traut
Partner & Head of Originations
Mr. Turner Trapp
Principal of Real Estate
Mr. Paul Fine
Managing Director Real Estate
Mr. Duncan Chalfant
Principal of Real Estate
Mr. Andrew Palmieri
Principal of Real Estate

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

KREF Stock Analysis - Frequently Asked Questions

Should I buy or sell KKR Real Estate Finance Trust stock right now?: 6 Wall Street research 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 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KREF shares.
View KREF analyst ratings or view top-rated stocks.
What is KKR Real Estate Finance Trust's stock price target for 2024?: 6 brokerages have issued 1 year target prices for KKR Real Estate Finance Trust's stock. Their KREF share price targets range from $10.50 to $15.00. On average, they anticipate the company's share price to reach $12.57 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price.
View analysts price targets for KREF or view top-rated stocks among Wall Street analysts.
How have KREF shares performed in 2024?: KKR Real Estate Finance Trust's stock was trading at $13.23 at the beginning of 2024. Since then, KREF stock has decreased by 28.0% and is now trading at $9.52.
View the best growth stocks for 2024 here.
Are investors shorting KKR Real Estate Finance Trust?: KKR Real Estate Finance Trust saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,390,000 shares, a decrease of 19.2% from the December 31st total of 1,720,000 shares. Based on an average daily volume of 464,300 shares, the short-interest ratio is currently 3.0 days.
View KKR Real Estate Finance Trust's Short Interest.
When is KKR Real Estate Finance Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our KREF earnings forecast.
How were KKR Real Estate Finance Trust's earnings last quarter?: KKR Real Estate Finance Trust Inc. (NYSE:KREF) announced its quarterly earnings results on Monday, July, 25th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.07. KKR Real Estate Finance Trust had a negative net margin of 4.82% and a positive trailing twelve-month return on equity of 10.59%. During the same quarter in the prior year, the company posted $0.54 earnings per share.
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 Thursday, February 1st. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.25 per share on Monday, April 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.50%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for KREF.

Is KKR Real Estate Finance Trust a good dividend stock?: KKR Real Estate Finance Trust (NYSE:KREF) pays an annual dividend of $1.72 per share and currently has a dividend yield of 18.07%. KREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for KREF.
What ETFs hold KKR Real Estate Finance Trust's stock?: ETFs with the largest weight of KKR Real Estate Finance Trust (NYSE:KREF) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), Global SuperDividend US ETF (DIV), VanEck Mortgage REIT Income ETF (MORT) and iShares Mortgage Real Estate ETF (REM).SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).
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), 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).
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 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.
Who are KKR Real Estate Finance Trust's major shareholders?: KKR Real Estate Finance Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (2.84%), Charles Schwab Investment Management Inc. (1.16%), Principal Financial Group Inc. (0.44%), Van ECK Associates Corp (0.34%), Significant Wealth Partners LLC (0.31%) and AXS Investments LLC (0.28%). Insiders that own company stock include Christen EJ Lee, Kkr Group Partnership LP, Matthew A Salem, Reft Holdings LP Kkr, Value Spn-Kref Holdin Tactical and W Patrick Mattson.
View institutional ownership trends.
How do I buy shares of KKR Real Estate Finance Trust?: Shares of KREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KREF) was last updated on 2/12/2024 by MarketBeat.com Staff

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