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
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Revenue | 121 | 119 | 79.61 | 41.20 | 22.31 |
| Revenue Growth | 2.38% | 49.04% | 93.25% | 84.65% | - |
| Gross Profit | 121 | 119 | 79.61 | 41.20 | 22.31 |
| Operating Income | 90.54 | 89.74 | 61.18 | 32.63 | 17.57 |
| Net Income | 89.97 | 89.74 | 59.06 | 31.16 | 16.76 |
| Shares Outstanding | 57.43 | 55.14 | 45.32 | 19.30 | 8.61 |
| Earnings Per Share | 1.57 | 1.58 | 1.30 | 1.61 | 1.95 |
| EPS Growth | -0.63% | 21.54% | -19.25% | -17.44% | - |
| Dividend Per Share | 1.72 | 1.69 | 0.99 | - | - |
| Dividend Growth | 1.78% | 70.71% | - | - | - |
| Operating Cash Flow | 91.71 | 76.83 | 53.80 | 25.41 | 11.54 |
| Free Cash Flow | 91.71 | 76.83 | 53.80 | 25.41 | 11.54 |
| Cash & Equivalents | 67.62 | 86.53 | 104 | 96.35 | 26.79 |
| Total Debt | 3,892 | 2,975 | 1,046 | 439 | 122 |
| Net Cash / Debt | -3,825 | -2,888 | -943 | -343 | -95.35 |
| Assets | 5,057 | 5,232 | 7,395 | 6,265 | 4,717 |
| Liabilities | 3,933 | 4,097 | 6,332 | 5,757 | 4,426 |
| Book Value | 1,122 | 1,132 | 1,059 | 498 | 281 |
Numbers in millions USD, except per-share numbers.
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, 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.