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KKR Real Estate Finance Trust Inc. (KREF)

NYSE: KREF · Delayed Price · USD
21.11 -0.16 (-0.75%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap1.19B
Revenue (ttm)155.64M
Net Income (ttm)118.58M
Shares Out55.63M
EPS (ttm)2.13
PE Ratio9.90
Forward PE11.67
Dividend$1.72 (8.15%)
Ex-Dividend DateJun 29, 2021
Volume3,129,234
Open21.30
Previous Close21.27
Day's Range21.11 - 21.55
52-Week Range14.62 - 22.97
Beta0.77
AnalystsBuy
Price Target21.93 (+3.9%)
Est. Earnings DateOct 26, 2021

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. 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. 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%...

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

Financial Performance

In 2020, KREF's revenue was $143.16 million, an increase of 17.85% compared to the previous year's $121.47 million. Earnings were $54.40 million, a decrease of -39.54%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for KREF stock is "Buy." The 12-month stock price forecast is 21.93, which is an increase of 3.88% from the latest price.

Price Target
$21.93
(3.88% upside)
Analyst Consensus: Buy

News

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 and ...

2 days 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 $0.460417 per each issued and outsta...

1 week ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Closing of $1.3 Billion CLO

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the closing of KREF 2021-FL2, a $1.3 billion managed Commercial Real Estate Collatera...

4 weeks ago - Business Wire

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

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

1 month ago - Business Wire

KKR Real Estate Finance Trust Inc. to Announce Second 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 second quarter 2021 on Monday, July 26, 2021, a...

2 months 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 and ...

3 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at the Nareit REITweek Virtual Investor Conference

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer, will present at the Nareit REITweek Virtual Investor Confere...

3 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Pricing of Secondary Offering of Common Stock by KKR REFT Holdings L.P.

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the pricing of the underwritten public offering of 5,000,000 shares of KREF common stock (the “Offerin...

4 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Secondary Offering of Common Stock by KKR REFT Holdings L.P.

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced that KKR REFT Holdings L.P., a subsidiary of KKR & Co. Inc. (the “KKR Stockholder”), has agreed to sel...

4 months ago - Business Wire

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

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

4 months 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 $0.266319 per each issued and outsta...

4 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Announce First 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 first quarter 2021 on Monday, April 26, 2021, a...

5 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Pricing of Public Offering of 6.50% Series A Cumulative Redeemable Prefe...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the pricing of a public offering of 6,000,000 shares of its 6.50% Series A Cumulative Redeemable Prefe...

5 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Launch of Public Offering of Series A Cumulative Redeemable Preferred Stock

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

5 months 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 and ...

6 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at the Citi 2021 Virtual Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer, will present at the Citi 2021 Virtual Global Property CEO Co...

6 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Reports Fourth Quarter and Full Year 2020 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its fourth quarter and full year 2020 results, which have been posted to the Investor Relations section...

7 months ago - Business Wire

Top Ranked Income Stocks to Buy for February 11th

Top Ranked Income Stocks to Buy for February 11th

Other symbols:ABCGBDPAGP
7 months ago - Zacks Investment Research

KKR Real Estate Finance Trust Inc. Updated Tax Treatment of 2020 Dividends

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (NYSE: KREF) (the “Company” or “KREF”) today announced an update to the tax treatment of its 2020 common stock and special voting preferred ...

7 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Tax Treatment of 2020 Dividends

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the tax treatment of its 2020 common stock and special voting preferred stock dividends. The following...

7 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Announce Fourth Quarter and Full Year 2020 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 2020 on Tuesday, F...

7 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Adoption of Distributable Earnings Performance Metric

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE:KREF) today announced that, based on recent guidance from the Securities and Exchange Commission, commencing...

7 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Announces Fourth Quarter 2020 Originations of $565.4 Million

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE:KREF) today announced that it closed seven floating-rate loans totaling approximately $565.4 million of comm...

8 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at the Nareit REITworld 2020 Annual Conference

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Matt Salem, Chief Executive Officer and Patrick Mattson, President and Chief Operating Officer, w...

10 months ago - Business Wire

KKR Real Estate Finance Trust Inc. (KREF) CEO Matt Salem on Q3 2020 Results - Earnings Call Transcript

KKR Real Estate Finance Trust Inc. (KREF) CEO Matt Salem on Q3 2020 Results - Earnings Call Transcript

Other symbols:KKR
10 months ago - Seeking Alpha