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Kkr Real Estate Finance Trust Inc (KREF)
NYSE:KREF
Kkr Real Estate Finance (KREF) Stock Price & Analysis
339 Followers
KREF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.62 - $12.98
Previous Close$10.11
Volume347.57K
Average Volume (3M)458.69K
Market Cap
$700.76M
Enterprise Value$4.56B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$3.86B
Price to Earnings (P/E)―
Beta1.14
Next Earnings
Jul 22, 2024EPS Estimate
-$1.71Last Dividend Ex-Date
Jun 28, 2024Dividend Yield13.45%
Share Statistics
EPS (TTM)-0.46
Shares Outstanding69,313,860
10 Day Avg. Volume402,639
30 Day Avg. Volume458,695
Standard Deviation0.08
R-Squared0.39
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.47
Price to Sales (P/S)3.73
Price to Cash Flow (P/CF)4.70
P/FCF Ratio0.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue23.01
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$10.65Price Target Upside5.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Kkr Real Estate Finance News
PremiumPre-Earnings
Kkr Reit (KREF) Q2 Earnings Cheat Sheet
Bulls Say, Bears Say
Bulls Say
Dividend CoverageDistributable EPS covered the recently lowered $0.25 dividend with a coverage ratio of 156%.
Liquidity PositionAvailable liquidity at quarter end was $620M, including $107M in cash, $64M of approved undrawn credit capacity, and $450M of capacity on the corporate revolver.
ValuationShares of KREF trade at 0.66x book value, which is attractively priced to account for near-term choppiness.
Bears Say
EarningsKREF reported distributable EPS of $0.39, falling short of the estimate of $0.43.
Financial PerformanceBook value per share declined to $15.18 from $15.52, driven by an increase in CECL reserves.
Realized LossesKREF expects to take ownership of properties behind two 5-rated loans, contributing to roughly $140M, or $2.00 per share, of realized losses.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
KREF FAQ
What was Kkr Real Estate Finance Trust Inc’s price range in the past 12 months?
Kkr Real Estate Finance Trust Inc lowest stock price was $8.62 and its highest was $12.98 in the past 12 months.
What is Kkr Real Estate Finance Trust Inc’s market cap?
Currently, no data Available
When is Kkr Real Estate Finance Trust Inc’s upcoming earnings report date?
Kkr Real Estate Finance Trust Inc’s upcoming earnings report date is Jul 22, 2024 which is yesterday.
How were Kkr Real Estate Finance Trust Inc’s earnings last quarter?
Kkr Real Estate Finance Trust Inc released its earnings results on Apr 23, 2024. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.344 by $0.046.
Is Kkr Real Estate Finance Trust Inc overvalued?
According to Wall Street analysts Kkr Real Estate Finance Trust Inc’s price is currently Undervalued.
Does Kkr Real Estate Finance Trust Inc pay dividends?
Kkr Real Estate Finance Trust Inc pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 13.45%. See more information on Kkr Real Estate Finance Trust Inc dividends here
What is Kkr Real Estate Finance Trust Inc’s EPS estimate?
Kkr Real Estate Finance Trust Inc’s EPS estimate is -$1.71.
How many shares outstanding does Kkr Real Estate Finance Trust Inc have?
Kkr Real Estate Finance Trust Inc has 69,313,860 shares outstanding.
What happened to Kkr Real Estate Finance Trust Inc’s price movement after its last earnings report?
Kkr Real Estate Finance Trust Inc reported an EPS of $0.39 in its last earnings report, beating expectations of $0.344. Following the earnings report the stock price went down -2.462%.
Which hedge fund is a major shareholder of Kkr Real Estate Finance Trust Inc?
Among the largest hedge funds holding Kkr Real Estate Finance Trust Inc’s share is Gamco Investors, Inc. ET AL. It holds Kkr Real Estate Finance Trust Inc’s shares valued at 503K.
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Kkr Real Estate Finance Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$10.65 (5.55% Upside)
$10.65 (5.55% Upside)
Blogger Sentiment
Neutral
KREF Sentiment 67%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 34.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 5.8%
Last 30 Days ▲ 5.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.88%
12-Months-Change
Fundamentals
Return on Equity
-0.73%
Trailing 12-Months
Asset Growth
-7.86%
Trailing 12-Months
Company Description
Kkr Real Estate Finance Trust Inc
KKR Real Estate Finance Trust, Inc. is a real estate finance company, which focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. Its target assets include mezzanine loans, preferred equity and other debt-oriented instruments. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, primarily through dividends. KKR Real Estate Finance Trust was founded on October 2, 2014 and is headquartered in New York, NY.
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KREF Company Deck
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KREF Earnings Call
Q1 2024
0:00 / 0:00
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KREF Stock 12 Month Forecast
Average Price Target
$10.65
▲(5.55% Upside)
Technical Analysis
Best Analysts Covering KREF
1 Year
1 Year Success Rate
5/13 ratings generated profit
1 Year Average Return
-7.64%
reiterated a buy rating 7 days ago
Copying Richard Shane's trades and holding each position for 1 Year would result in 38.46% of your transactions generating a profit, with an average return of -7.64% per trade.
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