KKR Real Estate Finance Trust Inc. (KREF)

NYSE: KREF · IEX Real-Time Price · USD
12.08
-0.18 (-1.47%)
Jun 8, 2023, 4:00 PM EDT - Market closed
-1.47%
Market Cap 834.67M
Revenue (ttm) 209.03M
Net Income (ttm) -45.24M
Shares Out 69.10M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE 11.67
Dividend $1.72 (14.24%)
Ex-Dividend Date Mar 30, 2023
Volume 333,088
Open 12.24
Previous Close 12.26
Day's Range 11.95 - 12.24
52-Week Range 9.94 - 19.99
Beta 0.89
Analysts Buy
Price Target 13.42 (+11.09%)
Earnings Date Jul 27, 2023

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... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date May 5, 2017
Country United States
Stock Exchange NYSE
Ticker Symbol KREF
Full Company Profile

Financial Performance

In 2022, KREF's revenue was $205.07 million, an increase of 15.40% compared to the previous year's $177.69 million. Earnings were $15.37 million, a decrease of -87.77%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for KREF stock is "Buy." The 12-month stock price forecast is $13.42, which is an increase of 11.09% from the latest price.

Price Target
$13.42
(11.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

KKR Real Estate Finance Trust Inc. to Present at Nareit's REITweek: 2023 Investor Conference

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Patrick Mattson, President and Chief Operating Officer, will present at Nareit's REITweek: 2023...

2 weeks ago - Business Wire

KKR Real Estate Finance Trust Inc. Reports First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its first quarter 2023 results, which have been posted to the Investor Relations section of KREF's we...

1 month 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 outst...

1 month ago - Business Wire
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KKR Real Estate Finance Trust Inc. to Announce First Quarter 2023 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 2023 on Monday, April 24, 2023,...

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 wi...

2 months ago - Business Wire

Risk isn't fully priced into commercial REITs, says KBW's Jade Rahmani

Jade Rahmani, KBW commercial real estate analyst, joins 'The Exchange' to discuss the fall in commercial real estate and his outlook for the sector.

Other symbols: BMRCBXMTOZKTCFC
3 months ago - CNBC Television

KKR Real Estate Finance Trust Inc. to Present at the Citi 2023 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 2023 Global Property CEO Conferen...

3 months ago - Business Wire
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KKR Real Estate Finance Trust Inc. Reports Fourth Quarter and Full Year 2022 Results

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its fourth quarter and full year 2022 results, which have been posted to the Investor Relations secti...

4 months ago - Business Wire

KKR Real Estate Finance Trust Inc. Tax Treatment of 2022 Dividends

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the tax treatment of its 2022 common stock and 6.50% Series A Cumulative Redeemab...

4 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Announce Fourth 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 fourth quarter 2022 on Tuesday, February 7,...

5 months ago - Business Wire

11 high-yield dividend stocks that are Wall Street's favorites for 2023

Investors love dividend stocks but there are different ways to look at them, including various “quality” approaches. Today we are focusing on high yields.

6 months ago - Market Watch

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

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

8 months ago - Business Wire
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KKR Real Estate Finance Trust Inc. to Announce Third 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 third quarter 2022 on Monday, October 24, 202...

8 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at Deutsche Bank's 30th Annual Leveraged Finance Conference

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Patrick Mattson, President and Chief Operating Officer, will present at Deutsche Bank's 30th An...

9 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at the 2022 Wells Fargo Leveraged Finance Conference

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that Patrick Mattson, President and Chief Operating Officer, will present at the 2022 Wells Fargo Le...

10 months ago - Business Wire

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

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

11 months ago - Business Wire

KKR Real Estate Finance Trust Inc. to Announce Second 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 second quarter 2022 on Monday, July 25, 2022,...

1 year 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 a public offering of 7,000,000 shares of KREF common stock (the “Offering”), consisti...

1 year 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 the launch of a public offering of 7,000,000 shares of KREF common stock (the “Offering”), consistin...

1 year ago - Business Wire

KKR Real Estate Finance Trust Inc. to Present at Nareit's REITweek: 2022 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 Nareit's REITweek: 2022 Investor Conferenc...

1 year ago - Business Wire

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 we...

1 year 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,...

1 year 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 Pr...

1 year 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 Conferen...

1 year 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 Collate...

1 year ago - Business Wire