KKR Real Estate Finance Trust Inc. (KREF)
| Market Cap | 1.33B |
| Revenue (ttm) | 186.36M |
| Net Income (ttm) | 126.25M |
| Shares Out | 67.93M |
| EPS (ttm) | 2.13 |
| PE Ratio | 9.17 |
| Forward PE | 11.67 |
| Dividend | $1.99 (10.15%) |
| Ex-Dividend Date | Mar 30, 2022 |
| Volume | 111,355 |
| Open | 19.76 |
| Previous Close | 19.79 |
| Day's Range | 19.56 - 19.82 |
| 52-Week Range | 18.53 - 23.42 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 23.72 (+21.3%) |
| Earnings Date | Apr 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...
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 StatementsAnalyst 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.
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?
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
Lloyd Center Gets New Owner, Local Operator
PORTLAND, Ore.--(BUSINESS WIRE)--Lloyd Center Gets New Owner, Local Operator
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...
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...
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...
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,...
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...