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KKR Real Estate Finance Trust Inc. (KREF)

Stock Price: $15.11 USD -0.26 (-1.69%)
Updated Jul 9, 2020 1:10 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 838.28M
Revenue (ttm) 64.80M
Net Income (ttm) 31.15M
Shares Out 55.09M
EPS (ttm) 0.53
PE Ratio 28.51
Forward PE 11.67
Dividend $1.72
Dividend Yield 11.38%

Stock Quote

Trading Day Jul 9, 2020
Last Price $15.11
Previous Close $15.37
Change ($) -0.26
Change (%) -1.69%
Day's Open 15.42
Day's Range 14.76 - 15.42
Day's Volume 167,040
52-Week Range 6.84 - 22.03

More Stats

Market Cap 838.28M
Enterprise Value 4.85B
Earnings Date (est) Aug 11, 2020
Ex-Dividend Date Mar 30, 2020
Shares Outstanding 55.09M
Float 32.85M
EPS (basic) 0.54
EPS (diluted) 0.53
FCF / Share 1.63
Dividend $1.72
Dividend Yield 11.38%
Earnings Yield 3.51%
FCF Yield 11.15%
Payout Ratio 318.50%
Shares Short 2.19M
Short Ratio 4.14
Short % of Float 8.13%
Beta 0.66
PE Ratio 28.51
Forward PE 11.67
P/FCF Ratio 8.97
PS Ratio 12.94
PB Ratio 0.87
Revenue 64.80M
Operating Income 31.80M
Net Income 31.15M
Free Cash Flow 93.48M
Net Cash -4.01B
Net Cash / Share -72.24
Gross Margin 187.47%
Operating Margin 49.07%
Profit Margin 25.50%
FCF Margin 144.26%
ROA 0.59%
ROE 2.88%
ROIC 0.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 3
Overweight 1
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$18.60*
(23.10% upside)
Low
17.0
Current: 15.11
High
20.0
Target: 18.60
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue12111979.6141.2022.31
Revenue Growth2.38%49.04%93.25%84.65%-
Gross Profit12111979.6141.2022.31
Operating Income90.5489.7461.1832.6317.57
Net Income89.9789.7459.0631.1616.76
Shares Outstanding57.4355.1445.3219.308.61
Earnings Per Share1.571.581.301.611.95
EPS Growth-0.63%21.54%-19.25%-17.44%-
Dividend Per Share1.721.690.99--
Dividend Growth1.78%70.71%---
Operating Cash Flow91.7176.8353.8025.4111.54
Free Cash Flow91.7176.8353.8025.4111.54
Cash & Equivalents67.6286.5310496.3526.79
Total Debt3,8922,9751,046439122
Net Cash / Debt-3,825-2,888-943-343-95.35
Assets5,0575,2327,3956,2654,717
Liabilities3,9334,0976,3325,7574,426
Book Value1,1221,1321,059498281
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name KKR Real Estate Finance Trust Inc.
Country United States
CEO Matt Salem

Stock Information

Ticker Symbol KREF
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Mortgage
Unique Identifier NYSE: KREF
IPO Date May 5, 2017

Description

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. The company engages in the origination and purchase of credit investments related to CRE, 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.