KKR Real Estate Finance Trust Inc. (KREF)

NYSE: KREF · IEX Real-Time Price · USD
19.56
-0.23 (-1.16%)
May 18, 2022 12:06 PM EDT - Market open
Market Cap1.33B
Revenue (ttm)186.36M
Net Income (ttm)126.25M
Shares Out67.93M
EPS (ttm)2.13
PE Ratio9.17
Forward PE11.67
Dividend$1.99 (10.15%)
Ex-Dividend DateMar 30, 2022
Volume111,355
Open19.76
Previous Close19.79
Day's Range19.56 - 19.82
52-Week Range18.53 - 23.42
Beta0.68
AnalystsBuy
Price Target23.72 (+21.3%)
Earnings DateApr 25, 2022

About 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 mortgage 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 inc...

IndustryMortgage Real Estate Investment Trusts (REITs)
IPO DateMay 5, 2017
CEOMatthew Salem
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolKREF
Full Company Profile

Financial Performance

In 2021, KREF's revenue was $177.69 million, an increase of 24.13% compared to the previous year's $143.16 million. Earnings were $137.18 million, an increase of 152.19%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for KREF stock is "Buy." The 12-month stock price forecast is 23.72, which is an increase of 21.27% from the latest price.

Price Target
$23.72
(21.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

KKR Real Estate Finance (KREF) Tops Q1 Earnings Estimates

KKR Real Estate (KREF) delivered earnings and revenue surprises of 4.44% and 4.99%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

KKR Real Estate Finance Trust Inc. Reports First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its first quarter 2022 results, which have been posted to the Investor Relations section of KREF's webs...

3 weeks ago - Business Wire

KKR Real Estate Finance Trust Inc. Declares Preferred Stock Dividend

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.40625 per each issued and outstan...

3 weeks ago - Business Wire

KKR Real Estate Finance Trust Inc. to Announce First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the first quarter 2022 on Monday, April 25, 2022, a...

1 month ago - Business Wire

KKR Real Estate Finance Trust Inc. Tax Treatment of 2021 Series A Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the tax treatment of its 2021 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Pref...

1 month ago - Business Wire

KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.43 Per Share of Common Stock

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.43 per share of common stock with...

2 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Pricing of Public Offering of Common Stock

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the pricing of an underwritten public offering of 6,000,000 shares of its common stock. The underwrite...

2 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Public Offering of Common Stock

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced that it has agreed to issue and sell in an underwritten public offering 6,000,000 shares of its common...

2 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at the Citi 2022 Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced that Matt Salem, Chief Executive Officer, will present at the Citi 2022 Global Property CEO Conference...

2 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Closing of $1.0 Billion CLO

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the closing of KREF 2022-FL3, a $1.0 billion managed Commercial Real Estate Collatera...

3 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Reports Fourth Quarter and Full Year 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its fourth quarter and full year 2021 results, which have been posted to the Investor Relations section...

3 months ago - Business Wire

Matthew Salem Appointed to Board of Directors of KKR Real Estate Finance Trust Inc.

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Company's Board of Directors elected Matthew Salem, the Company's Chief Executive ...

3 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Tax Treatment of 2021 Dividends

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the tax treatment of its 2021 common stock and special voting preferred stock dividends. The following...

3 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Time Change for Its Conference Call to Discuss Fourth Quarter and Full Y...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it has changed the time of its fourth quarter and full year 2021 results conference call and webc...

3 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Announce Fourth Quarter and Full Year 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the fourth quarter and full year 2021 on Tuesday, F...

3 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Pricing of Public Offering of Additional Shares of 6.50% Series A Cumula...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the pricing of a public offering of 4,400,000 additional shares of its 6.50% Series A Cumulative Redee...

4 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Launch of Public Offering of Additional Shares of 6.50% Series A Cumulat...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the launch of a public offering of additional shares of its 6.50% Series A Cumulative Redeemable Prefe...

4 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Record Annual and Fourth Quarter 2021 Originations of $4.8 Billion and $...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced that it closed 18 floating-rate loans totaling approximately $1.8 billion of commitme...

4 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces New CFO

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced that Kendra Decious has been appointed Chief Financial Officer and Treasurer of the C...

4 months ago - Business Wire

Lloyd Center Gets New Owner, Local Operator

PORTLAND, Ore.--(BUSINESS WIRE)--Lloyd Center Gets New Owner, Local Operator

4 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Closing of Successful Repricing and Upsize of Senior Secured Term Loan B

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced that it closed on a repricing of its $298 million existing Term Loan B (the “Existing Term Loan B”) an...

6 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Reports Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its third quarter 2021 results, which have been posted to the Investor Relations section of KREF's webs...

6 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at the Moody's Banking Series 2021

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Patrick Mattson, President and Chief Operating Officer, will participate in a panel discussion at...

6 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Announce Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the third quarter 2021 on Monday, October 25, 2021,...

7 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at the KBW Virtual CRE Day

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer, will participate in a panel discussion at the KBW Virtual CR...

7 months ago - Business Wire