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KKR Real Estate Finance Trust Inc. (KREF)

Stock Price: $16.81 USD 0.23 (1.39%)
Updated Oct 27, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 998.37M
Revenue (ttm) 140.39M
Net Income (ttm) 50.05M
Shares Out 59.39M
EPS (ttm) 0.73
PE Ratio 23.03
Forward PE 11.67
Dividend $1.72
Dividend Yield 10.23%

Stock Quote

Trading Day Oct 27, 2020
Last Price $16.81
Previous Close $16.58
Change ($) 0.23
Change (%) 1.39%
Day's Open 16.80
Day's Range 16.58 - 17.46
Day's Volume 215,181
52-Week Range 6.84 - 22.03

More Stats

Market Cap 998.37M
Enterprise Value 4.85B
Earnings Date (est) n/a
Ex-Dividend Date Sep 29, 2020
Shares Outstanding 59.39M
Float 31.04M
EPS (basic) 0.91
EPS (diluted) 0.73
FCF / Share 2.07
Dividend $1.72
Dividend Yield 10.23%
Earnings Yield 4.34%
FCF Yield 11.51%
Payout Ratio 189.00%
Shares Short 2.03M
Short Ratio 7.42
Short % of Float 6.55%
Beta 0.72
PE Ratio 23.03
Forward PE 11.67
P/FCF Ratio 8.69
PS Ratio 7.11
PB Ratio 0.95
Revenue 140.39M
Operating Income 50.52M
Net Income 50.05M
Free Cash Flow 114.89M
Net Cash -3.85B
Net Cash / Share -64.78
Gross Margin 156.80%
Operating Margin 35.98%
Profit Margin 35.30%
FCF Margin 81.83%
ROA 0.75%
ROE 3.96%
ROIC 0.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 2
Overweight 1
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$19.00*
(13.03% upside)
Low
18.0
Current: $16.81
High
20.0
Target: 19.00
*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 REITā€”Mortgage
Unique Identifier NYSE: KREF
IPO Date May 5, 2017

Description

KKR Real Estate Finance Trust, 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.